LAPIERRE & FILS: 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.
LAPIERRE & FILS
Largest movements
- Stocks and contracts +€35,016
up €35,016 (+54.8%), from €63,897 to €98,913
- Receivables within one year -€23,230
down €23,230 (-18.4%), from €126,544 to €103,314
of which Other amounts receivable: -€22,443
- Tangible fixed assets +€14,272
up €14,272 (+15.0%), from €95,006 to €109,278
of which Leasing and similar rights: +€28,837
- Reserves +€7,600
up €7,600 (+6.5%), from €116,200 to €123,800
of which Distributable reserves: +€7,600
- Tax, wage and social debts +€7,428
up €7,428 (+580%), from €1,281 to €8,709
of which Remuneration and social security: +€6,433
- Current portion of long-term debt +€6,559
up €6,559 (+39.6%), from €16,577 to €23,136
- Debts after one year +€6,085
up €6,085 (+19.2%), from €31,620 to €37,705
- Trade debts -€5,670
down €5,670 (-28.3%), from €20,054 to €14,384
- Financial income +€9,287
up €9,287 (+737%), from €1,260 to €10,547
- Staff costs +€7,095
up €7,095 (+14.6%), from €48,748 to €55,844
- Depreciation +€6,448
up €6,448 (+33.5%), from €19,233 to €25,681
- Gross operating margin -€6,405
down €6,405 (-5.4%), from €118,201 to €111,796
- Taxes +€1,385
up €1,385 (+13.0%), from €10,671 to €12,056
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 | €429,076 | €451,144 | +€22,067 | +5.1% |
| Fixed assets | 21/28 | €95,006 | €109,278 | +€14,272 | +15.0% |
| Tangible fixed assets | 22/27 | €95,006 | €109,278 | +€14,272 | +15.0% |
| Land and buildings | 22 | €24,772 | €21,886 | -€2,886 | -11.6% |
| Plant, machinery and equipment | 23 | €7,405 | €6,067 | -€1,339 | -18.1% |
| Furniture and vehicles | 24 | €62,829 | €52,487 | -€10,341 | -16.5% |
| Leasing and similar rights | 25 | - | €28,837 | +€28,837 | |
| Current assets | 29/58 | €334,070 | €341,866 | +€7,796 | +2.3% |
| Stocks and contracts in progress | 3 | €63,897 | €98,913 | +€35,016 | +54.8% |
| Stocks | 30/36 | €63,897 | €98,913 | +€35,016 | +54.8% |
| Amounts receivable within one year | 40/41 | €126,544 | €103,314 | -€23,230 | -18.4% |
| Trade receivables | 40 | €93,176 | €92,389 | -€787 | -0.8% |
| Other amounts receivable | 41 | €33,368 | €10,924 | -€22,443 | -67.3% |
| Cash at bank and in hand | 54/58 | €137,877 | €135,480 | -€2,397 | -1.7% |
| Deferred charges and accrued income | 490/1 | €5,752 | €4,160 | -€1,593 | -27.7% |
| Total equity and liabilities | 10/49 | €429,076 | €451,144 | +€22,067 | +5.1% |
| Equity | 10/15 | €359,545 | €367,210 | +€7,665 | +2.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | - | €62,000 | +€62,000 | |
| Issued capital | 100 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €116,200 | €123,800 | +€7,600 | +6.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | - | €6,200 | +€6,200 | |
| Reserves not available under the articles | 1311 | €6,200 | - | -€6,200 | |
| Distributable reserves | 133 | €110,000 | €117,600 | +€7,600 | +6.9% |
| Profit (loss) carried forward | 14 | €181,345 | €181,410 | +€65 | 0.0% |
| Amounts payable | 17/49 | €69,532 | €83,934 | +€14,402 | +20.7% |
| Amounts payable after more than one year | 17 | €31,620 | €37,705 | +€6,085 | +19.2% |
| Financial debts | 170/4 | €31,620 | €37,705 | +€6,085 | +19.2% |
| Amounts payable within one year | 42/48 | €37,912 | €46,229 | +€8,317 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €16,577 | €23,136 | +€6,559 | +39.6% |
| Trade debts | 44 | €20,054 | €14,384 | -€5,670 | -28.3% |
| Suppliers | 440/4 | €20,054 | €14,384 | -€5,670 | -28.3% |
| Taxes, remuneration and social security | 45 | €1,281 | €8,709 | +€7,428 | +580% |
| Taxes | 450/3 | €1,281 | €2,277 | +€996 | +77.7% |
| Remuneration and social security | 454/9 | - | €6,433 | +€6,433 | |
| Non-recurring operating income | 76A | €6 | - | -€6 | |
| Remuneration, social security and pensions | 62 | €48,748 | €55,844 | +€7,095 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,233 | €25,681 | +€6,448 | +33.5% |
| Other operating charges | 640/8 | €3,025 | €2,958 | -€66 | -2.2% |
| Gross operating margin | 9900 | €118,201 | €111,796 | -€6,405 | -5.4% |
| Operating profit (loss) | 9901 | €47,195 | €27,313 | -€19,883 | -42.1% |
| Financial income | 75/76B | €1,260 | €10,547 | +€9,287 | +737% |
| Recurring financial income | 75 | €1,260 | €10,547 | +€9,287 | +737% |
| Financial charges | 65/66B | €2,226 | €3,138 | +€912 | +41.0% |
| Recurring financial charges | 65 | €2,226 | €3,138 | +€912 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | €46,230 | €34,721 | -€11,508 | -24.9% |
| Income taxes | 67/77 | €10,671 | €12,056 | +€1,385 | +13.0% |
| Profit (loss) for the period | 9904 | €35,558 | €22,665 | -€12,893 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,558 | €22,665 | -€12,893 | -36.3% |
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 28 October 2026 via checked.be.