LAPINA: 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.
LAPINA
Largest movements
- Intangible fixed assets -€9,000
down €9,000 (-13.1%), from €68,597 to €59,597
- Cash +€8,791
up €8,791 (+174.3%), from €5,044 to €13,836
mainly Net result for the year (+€29,702) and Depreciation (+€10,714)
- Receivables within one year -€6,344
down €6,344 (-75.2%), from €8,437 to €2,093
of which Trade receivables: -€6,085
- Deferred charges and accrued income +€2,032
up €2,032 (+282.8%), from €719 to €2,751
- Stocks and contracts +€1,171
up €1,171 (+10.0%), from €11,707 to €12,878
- Profit (loss) carried forward +€29,702
up €29,702 (+598.1%), from €4,966 to €34,668
- Other debts -€27,233
down €27,233 (-93.6%), from €29,108 to €1,875
- Trade debts -€11,125
down €11,125 (-65.1%), from €17,100 to €5,975
- Tax, wage and social debts +€8,764
up €8,764 (+57.1%), from €15,357 to €24,122
of which Taxes: +€7,988
- Debts after one year -€2,325
down €2,325 (-36.0%), from €6,467 to €4,142
- Taxes +€6,120
up €6,120 (+277.1%), from €2,209 to €8,328
- Gross operating margin +€3,917
up €3,917 (+3.3%), from €117,064 to €120,981
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 | €100,323 | €98,107 | -€2,216 | -2.2% |
| Fixed assets | 21/28 | €74,415 | €66,549 | -€7,866 | -10.6% |
| Intangible fixed assets | 21 | €68,597 | €59,597 | -€9,000 | -13.1% |
| Tangible fixed assets | 22/27 | €5,481 | €6,614 | +€1,134 | +20.7% |
| Plant, machinery and equipment | 23 | €3,281 | €5,255 | +€1,974 | +60.2% |
| Furniture and vehicles | 24 | €2,199 | €1,359 | -€840 | -38.2% |
| Financial fixed assets | 28 | €338 | €338 | = | 0.0% |
| Current assets | 29/58 | €25,908 | €31,558 | +€5,650 | +21.8% |
| Stocks and contracts in progress | 3 | €11,707 | €12,878 | +€1,171 | +10.0% |
| Stocks | 30/36 | €11,707 | €12,878 | +€1,171 | +10.0% |
| Amounts receivable within one year | 40/41 | €8,437 | €2,093 | -€6,344 | -75.2% |
| Trade receivables | 40 | €8,141 | €2,056 | -€6,085 | -74.7% |
| Other amounts receivable | 41 | €296 | €37 | -€259 | -87.4% |
| Cash at bank and in hand | 54/58 | €5,044 | €13,836 | +€8,791 | +174.3% |
| Deferred charges and accrued income | 490/1 | €719 | €2,751 | +€2,032 | +282.8% |
| Total equity and liabilities | 10/49 | €100,323 | €98,107 | -€2,216 | -2.2% |
| Equity | 10/15 | €29,966 | €59,668 | +€29,702 | +99.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,966 | €34,668 | +€29,702 | +598.1% |
| Amounts payable | 17/49 | €70,357 | €38,439 | -€31,919 | -45.4% |
| Amounts payable after more than one year | 17 | €6,467 | €4,142 | -€2,325 | -36.0% |
| Financial debts | 170/4 | €6,467 | €4,142 | -€2,325 | -36.0% |
| Amounts payable within one year | 42/48 | €63,890 | €34,297 | -€29,593 | -46.3% |
| Current portion of amounts payable after more than one year | 42 | €2,325 | €2,325 | = | 0.0% |
| Trade debts | 44 | €17,100 | €5,975 | -€11,125 | -65.1% |
| Suppliers | 440/4 | €17,100 | €5,975 | -€11,125 | -65.1% |
| Taxes, remuneration and social security | 45 | €15,357 | €24,122 | +€8,764 | +57.1% |
| Taxes | 450/3 | €6,019 | €14,007 | +€7,988 | +132.7% |
| Remuneration and social security | 454/9 | €9,338 | €10,115 | +€777 | +8.3% |
| Other amounts payable | 47/48 | €29,108 | €1,875 | -€27,233 | -93.6% |
| Remuneration, social security and pensions | 62 | €70,527 | €70,741 | +€214 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,885 | €10,714 | +€829 | +8.4% |
| Other operating charges | 640/8 | €1,612 | €1,596 | -€17 | -1.0% |
| Gross operating margin | 9900 | €117,064 | €120,981 | +€3,917 | +3.3% |
| Operating profit (loss) | 9901 | €35,040 | €37,931 | +€2,891 | +8.3% |
| Financial income | 75/76B | €1,291 | €308 | -€983 | -76.2% |
| Recurring financial income | 75 | €1,291 | €308 | -€983 | -76.2% |
| Financial charges | 65/66B | €1,093 | €208 | -€885 | -81.0% |
| Recurring financial charges | 65 | €1,093 | €208 | -€885 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | €35,238 | €38,030 | +€2,793 | +7.9% |
| Income taxes | 67/77 | €2,209 | €8,328 | +€6,120 | +277.1% |
| Profit (loss) for the period | 9904 | €33,029 | €29,702 | -€3,327 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,029 | €29,702 | -€3,327 | -10.1% |
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 3 October 2026 via checked.be.