Lapithen: 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.
Lapithen
Largest movements
- Financial fixed assets +€75,000
up €75,000 (+117187.5%), from €64 to €75,064
- Receivables within one year +€48,479
up €48,479 (+80.8%), from €59,976 to €108,455
of which Trade receivables: +€50,502
- Tangible fixed assets +€10,981
up €10,981 (+54.4%), from €20,192 to €31,173
- Cash +€7,084
up €7,084 (+289.5%), from €2,446 to €9,530
mainly Other debts (+€64,289) and Debts after one year (+€34,345)
- Current investments +€7,050
up €7,050 (+261.8%), from €2,693 to €9,743
- Other debts +€64,289
up €64,289 (+278.4%), from €23,096 to €87,386
- Debts after one year +€34,345
up €34,345 (+307.9%), from €11,155 to €45,500
of which Other amounts payable: +€24,926
- Short-term financial debts +€20,935
up €20,935 (+748.2%), from €2,798 to €23,733
of which Credit institutions: +€16,616
- Trade debts +€13,157
up €13,157 (+71.8%), from €18,334 to €31,491
- Profit (loss) carried forward +€11,851
up €11,851 (+67.7%), from €17,511 to €29,362
- Gross operating margin -€3,531
down €3,531 (-11.2%), from €31,632 to €28,101
- Financial charges +€1,817
up €1,817 (+117.0%), from €1,553 to €3,370
- Depreciation +€1,541
up €1,541 (+21.5%), from €7,181 to €8,722
- Taxes -€1,369
down €1,369 (-29.3%), from €4,669 to €3,300
- Other operating charges -€1,208
down €1,208 (-79.5%), from €1,519 to €312
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 | €85,851 | €233,965 | +€148,114 | +172.5% |
| Fixed assets | 21/28 | €20,256 | €106,237 | +€85,981 | +424.5% |
| Tangible fixed assets | 22/27 | €20,192 | €31,173 | +€10,981 | +54.4% |
| Furniture and vehicles | 24 | €20,192 | €31,173 | +€10,981 | +54.4% |
| Financial fixed assets | 28 | €64 | €75,064 | +€75,000 | +117187.5% |
| Current assets | 29/58 | €65,595 | €127,728 | +€62,133 | +94.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €59,976 | €108,455 | +€48,479 | +80.8% |
| Trade receivables | 40 | €22,420 | €72,922 | +€50,502 | +225.3% |
| Other amounts receivable | 41 | €37,556 | €35,533 | -€2,023 | -5.4% |
| Current investments | 50/53 | €2,693 | €9,743 | +€7,050 | +261.8% |
| Cash at bank and in hand | 54/58 | €2,446 | €9,530 | +€7,084 | +289.5% |
| Deferred charges and accrued income | 490/1 | €480 | - | -€480 | |
| Total equity and liabilities | 10/49 | €85,851 | €233,965 | +€148,114 | +172.5% |
| Equity | 10/15 | €22,511 | €34,362 | +€11,851 | +52.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,511 | €29,362 | +€11,851 | +67.7% |
| Amounts payable | 17/49 | €63,339 | €199,603 | +€136,264 | +215.1% |
| Amounts payable after more than one year | 17 | €11,155 | €45,500 | +€34,345 | +307.9% |
| Financial debts | 170/4 | €11,155 | €20,575 | +€9,419 | +84.4% |
| Other amounts payable | 178/9 | - | €24,926 | +€24,926 | |
| Amounts payable within one year | 42/48 | €52,184 | €154,103 | +€101,919 | +195.3% |
| Current portion of amounts payable after more than one year | 42 | €3,871 | - | -€3,871 | |
| Financial debts | 43 | €2,798 | €23,733 | +€20,935 | +748.2% |
| Credit institutions | 430/8 | €2,798 | €19,414 | +€16,616 | +593.8% |
| Other loans | 439 | - | €4,319 | +€4,319 | |
| Trade debts | 44 | €18,334 | €31,491 | +€13,157 | +71.8% |
| Suppliers | 440/4 | €18,334 | €31,491 | +€13,157 | +71.8% |
| Taxes, remuneration and social security | 45 | €4,084 | €11,494 | +€7,409 | +181.4% |
| Taxes | 450/3 | €4,084 | €11,494 | +€7,409 | +181.4% |
| Other amounts payable | 47/48 | €23,096 | €87,386 | +€64,289 | +278.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,181 | €8,722 | +€1,541 | +21.5% |
| Other operating charges | 640/8 | €1,519 | €312 | -€1,208 | -79.5% |
| Non-recurring operating charges | 66A | - | €556 | +€556 | |
| Gross operating margin | 9900 | €31,632 | €28,101 | -€3,531 | -11.2% |
| Operating profit (loss) | 9901 | €22,932 | €18,512 | -€4,420 | -19.3% |
| Financial income | 75/76B | €0 | €8 | +€8 | |
| Recurring financial income | 75 | €0 | €8 | +€8 | |
| Financial charges | 65/66B | €1,553 | €3,370 | +€1,817 | +117.0% |
| Recurring financial charges | 65 | €1,553 | €3,370 | +€1,817 | +117.0% |
| Profit (loss) for the period before taxes | 9903 | €21,379 | €15,151 | -€6,229 | -29.1% |
| Income taxes | 67/77 | €4,669 | €3,300 | -€1,369 | -29.3% |
| Profit (loss) for the period | 9904 | €16,710 | €11,851 | -€4,859 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,710 | €11,851 | -€4,859 | -29.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.