LAPO CONSULT: 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.
LAPO CONSULT
Largest movements
- Cash -€20,121
down €20,121 (-32.6%), from €61,641 to €41,520
mainly Net result for the year (-€17,506) and Other debts (-€13,402)
- Tangible fixed assets -€2,803
down €2,803 (-62.6%), from €4,481 to €1,678
- Receivables within one year -€1,287
down €1,287 (-2.5%), from €52,425 to €51,139
of which Trade receivables: -€1,622
- Profit (loss) carried forward -€17,506
down €17,506 (-82.9%), from €21,120 to €3,614
- Other debts -€13,402
down €13,402 (-17.1%), from €78,194 to €64,792
- Trade debts +€5,717
up €5,717 (+92.4%), from €6,185 to €11,902
- Gross operating margin -€27,709
down €27,709, from €15,458 to -€12,252
- Taxes -€4,178
down €4,178 (-89.0%), from €4,691 to €514
- Depreciation -€1,014
down €1,014 (-26.6%), from €3,817 to €2,803
- Other operating charges -€489
down €489 (-28.6%), from €1,712 to €1,223
- Financial charges -€423
down €423 (-36.8%), from €1,148 to €726
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 | €125,903 | €101,227 | -€24,677 | -19.6% |
| Fixed assets | 21/28 | €4,481 | €1,678 | -€2,803 | -62.6% |
| Tangible fixed assets | 22/27 | €4,481 | €1,678 | -€2,803 | -62.6% |
| Furniture and vehicles | 24 | €4,481 | €1,678 | -€2,803 | -62.6% |
| Current assets | 29/58 | €121,422 | €99,549 | -€21,874 | -18.0% |
| Amounts receivable within one year | 40/41 | €52,425 | €51,139 | -€1,287 | -2.5% |
| Trade receivables | 40 | €48,711 | €47,089 | -€1,622 | -3.3% |
| Other amounts receivable | 41 | €3,715 | €4,050 | +€335 | +9.0% |
| Cash at bank and in hand | 54/58 | €61,641 | €41,520 | -€20,121 | -32.6% |
| Deferred charges and accrued income | 490/1 | €7,356 | €6,890 | -€466 | -6.3% |
| Total equity and liabilities | 10/49 | €125,903 | €101,227 | -€24,677 | -19.6% |
| Equity | 10/15 | €41,525 | €24,019 | -€17,506 | -42.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,120 | €3,614 | -€17,506 | -82.9% |
| Amounts payable | 17/49 | €84,379 | €77,208 | -€7,171 | -8.5% |
| Amounts payable within one year | 42/48 | €84,379 | €77,208 | -€7,171 | -8.5% |
| Trade debts | 44 | €6,185 | €11,902 | +€5,717 | +92.4% |
| Suppliers | 440/4 | €6,185 | €11,902 | +€5,717 | +92.4% |
| Taxes, remuneration and social security | 45 | - | €514 | +€514 | |
| Taxes | 450/3 | - | €514 | +€514 | |
| Other amounts payable | 47/48 | €78,194 | €64,792 | -€13,402 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,817 | €2,803 | -€1,014 | -26.6% |
| Other operating charges | 640/8 | €1,712 | €1,223 | -€489 | -28.6% |
| Gross operating margin | 9900 | €15,458 | -€12,252 | -€27,709 | |
| Operating profit (loss) | 9901 | €9,928 | -€16,277 | -€26,206 | |
| Financial income | 75/76B | €23 | €11 | -€12 | -53.0% |
| Recurring financial income | 75 | €23 | €11 | -€12 | -53.0% |
| Financial charges | 65/66B | €1,148 | €726 | -€423 | -36.8% |
| Recurring financial charges | 65 | €1,148 | €726 | -€423 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €8,803 | -€16,992 | -€25,795 | |
| Income taxes | 67/77 | €4,691 | €514 | -€4,178 | -89.0% |
| Profit (loss) for the period | 9904 | €4,112 | -€17,506 | -€21,617 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,112 | -€17,506 | -€21,617 |
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 4 October 2026 via checked.be.