LAPLACE: 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.
LAPLACE
Largest movements
- Receivables within one year -€53,906
down €53,906 (-68.2%), from €79,067 to €25,162
of which Other amounts receivable: -€47,829
- Cash +€36,439
up €36,439 (+94.8%), from €38,445 to €74,884
mainly Net result for the year (+€89,932) and Other debts (+€55,881)
- Tangible fixed assets -€16,425
down €16,425 (-25.8%), from €63,556 to €47,132
of which Furniture and vehicles: -€8,828
- Stocks and contracts +€7,952
up €7,952 (+42.3%), from €18,783 to €26,735
- Trade debts -€74,429
down €74,429 (-84.6%), from €87,965 to €13,536
- Other debts +€55,881
new in 2025: €55,881
- Tax, wage and social debts -€51,198
down €51,198 (-53.7%), from €95,271 to €44,072
of which Taxes: -€50,650
- Profit (loss) carried forward +€39,932
up €39,932 (+5,845%), from €683 to €40,615
- Accrued charges and deferred income +€5,280
new in 2025: €5,280
- Gross operating margin +€92,173
up €92,173 (+165%), from €55,864 to €148,037
- Taxes +€22,281
up €22,281 (+212%), from €10,502 to €32,783
- Financial income -€9,753
down €9,753 (-87.2%), from €11,187 to €1,434
- Depreciation +€8,996
up €8,996 (+63.1%), from €14,247 to €23,243
- Staff costs -€6,473
down €6,473 (-83.2%), from €7,781 to €1,308
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 | €204,379 | €179,845 | -€24,534 | -12.0% |
| Fixed assets | 21/28 | €63,856 | €47,432 | -€16,425 | -25.7% |
| Tangible fixed assets | 22/27 | €63,556 | €47,132 | -€16,425 | -25.8% |
| Furniture and vehicles | 24 | €38,284 | €29,456 | -€8,828 | -23.1% |
| Other tangible fixed assets | 26 | €25,273 | €17,676 | -€7,597 | -30.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €140,523 | €132,414 | -€8,109 | -5.8% |
| Stocks and contracts in progress | 3 | €18,783 | €26,735 | +€7,952 | +42.3% |
| Stocks | 30/36 | €18,783 | €26,735 | +€7,952 | +42.3% |
| Amounts receivable within one year | 40/41 | €79,067 | €25,162 | -€53,906 | -68.2% |
| Trade receivables | 40 | €31,238 | €25,162 | -€6,077 | -19.5% |
| Other amounts receivable | 41 | €47,829 | - | -€47,829 | |
| Cash at bank and in hand | 54/58 | €38,445 | €74,884 | +€36,439 | +94.8% |
| Deferred charges and accrued income | 490/1 | €4,227 | €5,633 | +€1,406 | +33.3% |
| Total equity and liabilities | 10/49 | €204,379 | €179,845 | -€24,534 | -12.0% |
| Equity | 10/15 | €21,143 | €61,075 | +€39,932 | +189% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €683 | €40,615 | +€39,932 | +5,845% |
| Amounts payable | 17/49 | €183,236 | €118,770 | -€64,466 | -35.2% |
| Amounts payable within one year | 42/48 | €183,236 | €113,490 | -€69,746 | -38.1% |
| Trade debts | 44 | €87,965 | €13,536 | -€74,429 | -84.6% |
| Suppliers | 440/4 | €87,965 | €13,536 | -€74,429 | -84.6% |
| Taxes, remuneration and social security | 45 | €95,271 | €44,072 | -€51,198 | -53.7% |
| Taxes | 450/3 | €94,722 | €44,072 | -€50,650 | -53.5% |
| Remuneration and social security | 454/9 | €548 | - | -€548 | |
| Other amounts payable | 47/48 | - | €55,881 | +€55,881 | |
| Accrued charges and deferred income | 492/3 | - | €5,280 | +€5,280 | |
| Remuneration, social security and pensions | 62 | €7,781 | €1,308 | -€6,473 | -83.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,247 | €23,243 | +€8,996 | +63.1% |
| Other operating charges | 640/8 | €2,974 | €1,738 | -€1,235 | -41.5% |
| Non-recurring operating charges | 66A | €2,261 | - | -€2,261 | |
| Gross operating margin | 9900 | €55,864 | €148,037 | +€92,173 | +165% |
| Operating profit (loss) | 9901 | €28,601 | €121,747 | +€93,146 | +326% |
| Financial income | 75/76B | €11,187 | €1,434 | -€9,753 | -87.2% |
| Recurring financial income | 75 | €11,187 | €1,434 | -€9,753 | -87.2% |
| Financial charges | 65/66B | €194 | €466 | +€272 | +140% |
| Recurring financial charges | 65 | €194 | €466 | +€272 | +140% |
| Profit (loss) for the period before taxes | 9903 | €39,594 | €122,715 | +€83,121 | +210% |
| Income taxes | 67/77 | €10,502 | €32,783 | +€22,281 | +212% |
| Profit (loss) for the period | 9904 | €29,092 | €89,932 | +€60,840 | +209% |
| Profit (loss) for the period to be appropriated | 9905 | €29,092 | €89,932 | +€60,840 | +209% |
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 14 October 2026 via checked.be.