LAPERE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
LAPERE
NACE 43.221, Plumbing work
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€124,401
2024 · €41,272+€83,129
Equity
€1.1m
2024 · €1.0m+€69,547
Cash
€285,869
2024 · €293,129-€7,260
Balance sheet total
€1.2m
2024 · €1.2m+€54,435
Largest movements
Assets
- Current investments +€103,479
up €103,479 (+41.3%), from €250,618 to €354,097
- Tangible fixed assets -€42,206
down €42,206 (-7.6%), from €552,974 to €510,768
Equity and liabilities
- Reserves +€69,546
up €69,546 (+6.9%), from €1.0m to €1.1m
of which Distributable reserves: +€70,290
- Other debts +€39,433
up €39,433 (+1141.0%), from €3,456 to €42,889
- Debts after one year -€27,816
down €27,816 (-55.1%), from €50,503 to €22,688
- Trade debts -€27,663
down €27,663 (-83.0%), from €33,320 to €5,657
Income statement
- Gross operating margin +€132,620
up €132,620 (+128.5%), from €103,184 to €235,804
- Taxes +€40,001
up €40,001 (+193.0%), from €20,730 to €60,731
- Write-downs +€6,592
new in 2025: €6,592
- Depreciation +€3,886
up €3,886 (+9.3%), from €41,620 to €45,506
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€41,272
Gross operating margin
+€132,620
Depreciation
-€3,886
Write-downs
-€6,592
Other operating charges
+€373
Financial income
-€661
Financial charges
+€1,277
Taxes
-€40,001
Result 2025
€124,401
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€191,314
Investment
-€106,780
Financing
-€91,794
Cash 2024
€293,129
From operations (derived)
+€191,314
Net result for the year
+€124,401
Depreciation
+€45,506
Receivables within one year
+€1,314
Deferred charges and accrued income
-€1,736
Provisions
-€247
Trade debts
-€27,663
Tax, wage and social debts
+€9,422
Other debts
+€39,433
Accrued charges and deferred income
+€884
Investment (derived)
-€106,780
Investment in fixed assets (net)
-€3,300
Current investments
-€103,479
Financing
-€91,794
Debts after one year
-€27,816
Current portion of long-term debt
-€9,124
Contributions, distributions and other
-€54,854
Cash 2025
€285,869
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,150,340 | €1,204,775 | +€54,435 | +4.7% |
| Fixed assets | 21/28 | €552,974 | €510,768 | -€42,206 | -7.6% |
| Tangible fixed assets | 22/27 | €552,974 | €510,768 | -€42,206 | -7.6% |
| Land and buildings | 22 | €495,800 | €474,771 | -€21,029 | -4.2% |
| Plant, machinery and equipment | 23 | €3,994 | €3,567 | -€427 | -10.7% |
| Furniture and vehicles | 24 | €53,180 | €32,430 | -€20,750 | -39.0% |
| Current assets | 29/58 | €597,366 | €694,007 | +€96,641 | +16.2% |
| Stocks and contracts in progress | 3 | €2,075 | €2,075 | = | 0.0% |
| Stocks | 30/36 | €2,075 | €2,075 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45,694 | €44,380 | -€1,314 | -2.9% |
| Trade receivables | 40 | €32,392 | €43,354 | +€10,962 | +33.8% |
| Other amounts receivable | 41 | €13,302 | €1,026 | -€12,276 | -92.3% |
| Current investments | 50/53 | €250,618 | €354,097 | +€103,479 | +41.3% |
| Cash at bank and in hand | 54/58 | €293,129 | €285,869 | -€7,260 | -2.5% |
| Deferred charges and accrued income | 490/1 | €5,850 | €7,586 | +€1,736 | +29.7% |
| Total equity and liabilities | 10/49 | €1,150,340 | €1,204,775 | +€54,435 | +4.7% |
| Equity | 10/15 | €1,010,593 | €1,080,140 | +€69,547 | +6.9% |
| Contributions | 10/11 | €6,205 | €6,205 | +€0 | 0.0% |
| Reserves | 13 | €1,004,388 | €1,073,934 | +€69,546 | +6.9% |
| Tax-exempt reserves | 132 | €1,838 | €1,094 | -€744 | -40.5% |
| Distributable reserves | 133 | €1,002,550 | €1,072,840 | +€70,290 | +7.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €612 | €365 | -€247 | -40.4% |
| Deferred taxes | 168 | €612 | €365 | -€247 | -40.4% |
| Amounts payable | 17/49 | €139,135 | €124,271 | -€14,864 | -10.7% |
| Amounts payable after more than one year | 17 | €50,503 | €22,688 | -€27,816 | -55.1% |
| Financial debts | 170/4 | €50,503 | €22,688 | -€27,816 | -55.1% |
| Amounts payable within one year | 42/48 | €78,029 | €90,096 | +€12,067 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €36,939 | €27,815 | -€9,124 | -24.7% |
| Trade debts | 44 | €33,320 | €5,657 | -€27,663 | -83.0% |
| Suppliers | 440/4 | €33,320 | €5,657 | -€27,663 | -83.0% |
| Taxes, remuneration and social security | 45 | €4,314 | €13,736 | +€9,422 | +218.4% |
| Taxes | 450/3 | €4,314 | €13,736 | +€9,422 | +218.4% |
| Other amounts payable | 47/48 | €3,456 | €42,889 | +€39,433 | +1141.0% |
| Accrued charges and deferred income | 492/3 | €10,603 | €11,487 | +€884 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,620 | €45,506 | +€3,886 | +9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,592 | +€6,592 | |
| Other operating charges | 640/8 | €5,094 | €4,721 | -€373 | -7.3% |
| Gross operating margin | 9900 | €103,184 | €235,804 | +€132,620 | +128.5% |
| Operating profit (loss) | 9901 | €56,470 | €178,985 | +€122,515 | +217.0% |
| Financial income | 75/76B | €11,304 | €10,643 | -€661 | -5.8% |
| Recurring financial income | 75 | €11,304 | €10,643 | -€661 | -5.8% |
| Financial charges | 65/66B | €6,020 | €4,743 | -€1,277 | -21.2% |
| Recurring financial charges | 65 | €6,020 | €4,743 | -€1,277 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €61,754 | €184,884 | +€123,130 | +199.4% |
| Transfer from deferred taxes | 780 | €248 | €248 | -€0 | 0.0% |
| Income taxes | 67/77 | €20,730 | €60,731 | +€40,001 | +193.0% |
| Profit (loss) for the period | 9904 | €41,272 | €124,401 | +€83,129 | +201.4% |
| Transfer from tax-exempt reserves | 789 | €744 | €744 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,016 | €125,145 | +€83,129 | +197.8% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.