Lapierre Aaron: what changed
Two fiscal 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.
Lapierre Aaron
Largest movements
- Tangible fixed assets -€14,039
down €14,039 (-44.8%), from €31,343 to €17,303
of which Furniture and vehicles: -€11,138
- Cash -€11,943
down €11,943 (-98.2%), from €12,159 to €216
mainly Trade debts (-€11,399) and Debts after one year (-€8,365)
- Receivables within one year +€3,559
up €3,559 (+62.4%), from €5,699 to €9,257
of which Trade receivables: +€6,871
- Stocks and contracts -€1,281
down €1,281 (-9.3%), from €13,756 to €12,475
of which Contracts in progress: -€1,011
- Trade debts -€11,399
down €11,399 (-60.8%), from €18,761 to €7,362
- Debts after one year -€8,365
down €8,365 (-64.7%), from €12,926 to €4,560
- Current portion of long-term debt -€3,746
down €3,746 (-30.9%), from €12,112 to €8,365
- Gross operating margin +€1,351
up €1,351 (+8.5%), from €15,836 to €17,187
- Financial income -€561
down €561 (-56.5%), from €992 to €431
- Other operating charges +€557
up €557 (+1050.8%), from €53 to €610
- Depreciation -€239
down €239 (-1.7%), from €14,279 to €14,039
- Taxes +€202
up €202 (+24.4%), from €828 to €1,030
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,956 | €39,251 | -€23,705 | -37.7% |
| Fixed assets | 21/28 | €31,343 | €17,303 | -€14,039 | -44.8% |
| Tangible fixed assets | 22/27 | €31,343 | €17,303 | -€14,039 | -44.8% |
| Plant, machinery and equipment | 23 | €6,673 | €3,772 | -€2,901 | -43.5% |
| Furniture and vehicles | 24 | €24,670 | €13,531 | -€11,138 | -45.1% |
| Current assets | 29/58 | €31,613 | €21,948 | -€9,665 | -30.6% |
| Stocks and contracts in progress | 3 | €13,756 | €12,475 | -€1,281 | -9.3% |
| Stocks | 30/36 | €5,995 | €5,725 | -€270 | -4.5% |
| Contracts in progress | 37 | €7,761 | €6,750 | -€1,011 | -13.0% |
| Amounts receivable within one year | 40/41 | €5,699 | €9,257 | +€3,559 | +62.4% |
| Trade receivables | 40 | €109 | €6,980 | +€6,871 | +6304.0% |
| Other amounts receivable | 41 | €5,590 | €2,277 | -€3,313 | -59.3% |
| Cash at bank and in hand | 54/58 | €12,159 | €216 | -€11,943 | -98.2% |
| Total equity and liabilities | 10/49 | €62,956 | €39,251 | -€23,705 | -37.7% |
| Equity | 10/15 | €5,647 | €5,763 | +€116 | +2.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €5,147 | €5,263 | +€116 | +2.3% |
| Distributable reserves | 133 | €5,147 | €5,263 | +€116 | +2.3% |
| Amounts payable | 17/49 | €57,309 | €33,488 | -€23,821 | -41.6% |
| Amounts payable after more than one year | 17 | €12,926 | €4,560 | -€8,365 | -64.7% |
| Financial debts | 170/4 | €12,926 | €4,560 | -€8,365 | -64.7% |
| Amounts payable within one year | 42/48 | €44,383 | €28,546 | -€15,837 | -35.7% |
| Current portion of amounts payable after more than one year | 42 | €12,112 | €8,365 | -€3,746 | -30.9% |
| Trade debts | 44 | €18,761 | €7,362 | -€11,399 | -60.8% |
| Suppliers | 440/4 | €18,761 | €7,362 | -€11,399 | -60.8% |
| Taxes, remuneration and social security | 45 | €1,564 | €1,154 | -€410 | -26.2% |
| Taxes | 450/3 | €1,564 | €1,154 | -€410 | -26.2% |
| Other amounts payable | 47/48 | €11,946 | €11,665 | -€281 | -2.4% |
| Accrued charges and deferred income | 492/3 | - | €381 | +€381 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,279 | €14,039 | -€239 | -1.7% |
| Other operating charges | 640/8 | €53 | €610 | +€557 | +1050.8% |
| Gross operating margin | 9900 | €15,836 | €17,187 | +€1,351 | +8.5% |
| Operating profit (loss) | 9901 | €1,504 | €2,537 | +€1,033 | +68.7% |
| Financial income | 75/76B | €992 | €431 | -€561 | -56.5% |
| Recurring financial income | 75 | €992 | €431 | -€561 | -56.5% |
| Financial charges | 65/66B | €1,663 | €1,822 | +€159 | +9.6% |
| Recurring financial charges | 65 | €1,663 | €1,822 | +€159 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €833 | €1,146 | +€313 | +37.5% |
| Income taxes | 67/77 | €828 | €1,030 | +€202 | +24.4% |
| Profit (loss) for the period | 9904 | €5 | €116 | +€111 | +2271.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5 | €116 | +€111 | +2271.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.