LAPHARE: 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.
LAPHARE
Largest movements
- Tangible fixed assets -€9,564
down €9,564 (-27.2%), from €35,153 to €25,589
- Cash +€1,519
up €1,519 (+8.9%), from €17,082 to €18,600
mainly Depreciation (+€9,564) and Other debts (+€2,262)
- Receivables within one year -€1,362
down €1,362 (-29.4%), from €4,637 to €3,275
of which Trade receivables: -€1,179
- Debts after one year -€8,920
down €8,920 (-74.4%), from €11,983 to €3,063
- Tax, wage and social debts -€2,422
down €2,422 (-68.1%), from €3,556 to €1,134
of which Taxes: -€1,422
- Other debts +€2,262
up €2,262 (+32.0%), from €7,073 to €9,335
- Profit (loss) carried forward -€1,659
down €1,659 (-78.7%), from -€2,107 to -€3,766
- Trade debts +€926
up €926 (+835%), from €111 to €1,037
- Gross operating margin -€4,244
down €4,244 (-27.5%), from €15,425 to €11,181
- Taxes -€861
down €861 (-42.9%), from €2,009 to €1,147
- Financial charges -€382
down €382 (-32.4%), from €1,177 to €796
- Depreciation -€206
down €206 (-2.1%), from €9,771 to €9,564
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,514 | €49,090 | -€9,424 | -16.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €35,516 | €25,952 | -€9,564 | -26.9% |
| Tangible fixed assets | 22/27 | €35,153 | €25,589 | -€9,564 | -27.2% |
| Furniture and vehicles | 24 | €35,153 | €25,589 | -€9,564 | -27.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €22,998 | €23,139 | +€141 | +0.6% |
| Amounts receivable within one year | 40/41 | €4,637 | €3,275 | -€1,362 | -29.4% |
| Trade receivables | 40 | €3,101 | €1,922 | -€1,179 | -38.0% |
| Other amounts receivable | 41 | €1,536 | €1,353 | -€184 | -11.9% |
| Cash at bank and in hand | 54/58 | €17,082 | €18,600 | +€1,519 | +8.9% |
| Deferred charges and accrued income | 490/1 | €1,279 | €1,263 | -€16 | -1.3% |
| Total equity and liabilities | 10/49 | €58,514 | €49,090 | -€9,424 | -16.1% |
| Equity | 10/15 | €27,260 | €25,601 | -€1,659 | -6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,167 | €23,167 | = | 0.0% |
| Distributable reserves | 133 | €23,167 | €23,167 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,107 | -€3,766 | -€1,659 | -78.7% |
| Amounts payable | 17/49 | €31,254 | €23,489 | -€7,765 | -24.8% |
| Amounts payable after more than one year | 17 | €11,983 | €3,063 | -€8,920 | -74.4% |
| Financial debts | 170/4 | €11,983 | €3,063 | -€8,920 | -74.4% |
| Amounts payable within one year | 42/48 | €19,271 | €20,426 | +€1,155 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €8,532 | €8,920 | +€388 | +4.6% |
| Trade debts | 44 | €111 | €1,037 | +€926 | +835% |
| Suppliers | 440/4 | €111 | €1,037 | +€926 | +835% |
| Taxes, remuneration and social security | 45 | €3,556 | €1,134 | -€2,422 | -68.1% |
| Taxes | 450/3 | €2,556 | €1,134 | -€1,422 | -55.6% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €7,073 | €9,335 | +€2,262 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,771 | €9,564 | -€206 | -2.1% |
| Other operating charges | 640/8 | €1,451 | €1,337 | -€115 | -7.9% |
| Non-recurring operating charges | 66A | €32 | - | -€32 | |
| Gross operating margin | 9900 | €15,425 | €11,181 | -€4,244 | -27.5% |
| Operating profit (loss) | 9901 | €4,171 | €280 | -€3,891 | -93.3% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,177 | €796 | -€382 | -32.4% |
| Recurring financial charges | 65 | €1,177 | €796 | -€382 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €2,994 | -€511 | -€3,505 | |
| Income taxes | 67/77 | €2,009 | €1,147 | -€861 | -42.9% |
| Profit (loss) for the period | 9904 | €985 | -€1,659 | -€2,644 | |
| Profit (loss) for the period to be appropriated | 9905 | €985 | -€1,659 | -€2,644 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.