LAPIIN: 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.
LAPIIN
Largest movements
- Tangible fixed assets +€103,339
up €103,339 (+4633.2%), from €2,230 to €105,569
of which Land and buildings: +€104,285
- Cash -€102,747
down €102,747 (-56.6%), from €181,509 to €78,762
mainly Investment in fixed assets (net) (-€104,285) and Contributions, distributions and other (-€90,000)
- Receivables within one year -€14,025
down €14,025 (-33.9%), from €41,371 to €27,346
of which Other amounts receivable: -€9,750
- Profit (loss) carried forward -€36,111
down €36,111 (-18.3%), from €197,221 to €161,111
- Other debts +€36,057
up €36,057 (+7158.8%), from €504 to €36,561
- Tax, wage and social debts -€11,229
down €11,229 (-49.0%), from €22,939 to €11,710
of which Taxes: -€13,576
- Trade debts -€3,182
down €3,182 (-86.5%), from €3,677 to €495
- Gross operating margin -€10,569
down €10,569 (-13.0%), from €81,126 to €70,558
- Taxes -€1,953
down €1,953 (-12.2%), from €16,071 to €14,118
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 | €227,341 | €212,876 | -€14,465 | -6.4% |
| Fixed assets | 21/28 | €2,230 | €105,569 | +€103,339 | +4633.2% |
| Tangible fixed assets | 22/27 | €2,230 | €105,569 | +€103,339 | +4633.2% |
| Land and buildings | 22 | - | €104,285 | +€104,285 | |
| Plant, machinery and equipment | 23 | €1,192 | €509 | -€683 | -57.3% |
| Furniture and vehicles | 24 | €1,039 | €776 | -€263 | -25.3% |
| Current assets | 29/58 | €225,111 | €107,307 | -€117,804 | -52.3% |
| Amounts receivable within one year | 40/41 | €41,371 | €27,346 | -€14,025 | -33.9% |
| Trade receivables | 40 | €31,621 | €27,346 | -€4,275 | -13.5% |
| Other amounts receivable | 41 | €9,750 | - | -€9,750 | |
| Cash at bank and in hand | 54/58 | €181,509 | €78,762 | -€102,747 | -56.6% |
| Deferred charges and accrued income | 490/1 | €2,230 | €1,198 | -€1,032 | -46.3% |
| Total equity and liabilities | 10/49 | €227,341 | €212,876 | -€14,465 | -6.4% |
| Equity | 10/15 | €200,221 | €164,111 | -€36,111 | -18.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €197,221 | €161,111 | -€36,111 | -18.3% |
| Amounts payable | 17/49 | €27,120 | €48,765 | +€21,645 | +79.8% |
| Amounts payable within one year | 42/48 | €27,120 | €48,765 | +€21,645 | +79.8% |
| Trade debts | 44 | €3,677 | €495 | -€3,182 | -86.5% |
| Suppliers | 440/4 | €3,677 | €495 | -€3,182 | -86.5% |
| Taxes, remuneration and social security | 45 | €22,939 | €11,710 | -€11,229 | -49.0% |
| Taxes | 450/3 | €22,939 | €9,364 | -€13,576 | -59.2% |
| Remuneration and social security | 454/9 | - | €2,346 | +€2,346 | |
| Other amounts payable | 47/48 | €504 | €36,561 | +€36,057 | +7158.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €905 | €946 | +€41 | +4.6% |
| Other operating charges | 640/8 | €775 | €795 | +€20 | +2.6% |
| Gross operating margin | 9900 | €81,126 | €70,558 | -€10,569 | -13.0% |
| Operating profit (loss) | 9901 | €79,447 | €68,817 | -€10,630 | -13.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,148 | €810 | -€338 | -29.5% |
| Recurring financial charges | 65 | €1,148 | €810 | -€338 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €78,299 | €68,007 | -€10,292 | -13.1% |
| Income taxes | 67/77 | €16,071 | €14,118 | -€1,953 | -12.2% |
| Profit (loss) for the period | 9904 | €62,228 | €53,889 | -€8,339 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,228 | €53,889 | -€8,339 | -13.4% |
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 10 October 2026 via checked.be.