LAPRAILLE-NOTHOMB: 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.
LAPRAILLE-NOTHOMB
Largest movements
- Tangible fixed assets -€54,384
down €54,384 (-12.6%), from €432,928 to €378,544
of which Land and buildings: -€34,250
- Stocks and contracts +€32,026
up €32,026 (+69.0%), from €46,420 to €78,446
- Receivables within one year -€7,005
down €7,005 (-15.7%), from €44,729 to €37,724
of which Trade receivables: -€8,020
- Debts after one year -€50,657
down €50,657 (-14.2%), from €356,757 to €306,101
- Reserves +€35,000
up €35,000 (+53.1%), from €65,900 to €100,900
- Tax, wage and social debts -€11,065
down €11,065 (-21.9%), from €50,526 to €39,461
of which Remuneration and social security: -€9,045
- Gross operating margin +€62,635
up €62,635 (+20.5%), from €305,563 to €368,198
- Staff costs +€18,806
up €18,806 (+8.5%), from €222,561 to €241,368
- Financial income -€15,389
down €15,389 (-75.4%), from €20,410 to €5,021
- Taxes +€6,669
new in 2025: €6,669
- Depreciation +€4,420
up €4,420 (+6.3%), from €70,094 to €74,514
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 | €636,394 | €606,051 | -€30,343 | -4.8% |
| Formation expenses | 20 | €342 | - | -€342 | |
| Fixed assets | 21/28 | €432,998 | €378,614 | -€54,384 | -12.6% |
| Tangible fixed assets | 22/27 | €432,928 | €378,544 | -€54,384 | -12.6% |
| Land and buildings | 22 | €211,619 | €177,369 | -€34,250 | -16.2% |
| Plant, machinery and equipment | 23 | €183,003 | €162,892 | -€20,111 | -11.0% |
| Furniture and vehicles | 24 | €6,124 | €5,480 | -€644 | -10.5% |
| Leasing and similar rights | 25 | €28,363 | €21,640 | -€6,723 | -23.7% |
| Other tangible fixed assets | 26 | €1,318 | €419 | -€899 | -68.2% |
| Assets under construction and advance payments | 27 | €2,500 | €10,744 | +€8,244 | +330% |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €203,054 | €227,437 | +€24,383 | +12.0% |
| Stocks and contracts in progress | 3 | €46,420 | €78,446 | +€32,026 | +69.0% |
| Stocks | 30/36 | €46,420 | €78,446 | +€32,026 | +69.0% |
| Amounts receivable within one year | 40/41 | €44,729 | €37,724 | -€7,005 | -15.7% |
| Trade receivables | 40 | €35,742 | €27,723 | -€8,020 | -22.4% |
| Other amounts receivable | 41 | €8,987 | €10,002 | +€1,015 | +11.3% |
| Cash at bank and in hand | 54/58 | €105,085 | €102,327 | -€2,758 | -2.6% |
| Deferred charges and accrued income | 490/1 | €6,821 | €8,940 | +€2,119 | +31.1% |
| Total equity and liabilities | 10/49 | €636,394 | €606,051 | -€30,343 | -4.8% |
| Equity | 10/15 | €129,096 | €159,058 | +€29,962 | +23.2% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €65,900 | €100,900 | +€35,000 | +53.1% |
| Distributable reserves | 133 | €65,900 | €100,900 | +€35,000 | +53.1% |
| Profit (loss) carried forward | 14 | €29 | €12 | -€17 | -59.1% |
| Investment grants | 15 | €28,168 | €23,147 | -€5,021 | -17.8% |
| Amounts payable | 17/49 | €507,298 | €446,993 | -€60,305 | -11.9% |
| Amounts payable after more than one year | 17 | €356,757 | €306,101 | -€50,657 | -14.2% |
| Financial debts | 170/4 | €356,757 | €306,101 | -€50,657 | -14.2% |
| Amounts payable within one year | 42/48 | €149,687 | €140,540 | -€9,147 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €54,543 | €54,824 | +€281 | +0.5% |
| Trade debts | 44 | €44,618 | €46,256 | +€1,637 | +3.7% |
| Suppliers | 440/4 | €44,618 | €46,256 | +€1,637 | +3.7% |
| Taxes, remuneration and social security | 45 | €50,526 | €39,461 | -€11,065 | -21.9% |
| Taxes | 450/3 | €14,801 | €12,781 | -€2,020 | -13.6% |
| Remuneration and social security | 454/9 | €35,725 | €26,680 | -€9,045 | -25.3% |
| Accrued charges and deferred income | 492/3 | €853 | €352 | -€501 | -58.8% |
| Remuneration, social security and pensions | 62 | €222,561 | €241,368 | +€18,806 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,094 | €74,514 | +€4,420 | +6.3% |
| Other operating charges | 640/8 | €2,142 | €4,536 | +€2,395 | +112% |
| Gross operating margin | 9900 | €305,563 | €368,198 | +€62,635 | +20.5% |
| Operating profit (loss) | 9901 | €10,765 | €47,779 | +€37,014 | +344% |
| Financial income | 75/76B | €20,410 | €5,021 | -€15,389 | -75.4% |
| Recurring financial income | 75 | €20,410 | €5,021 | -€15,389 | -75.4% |
| Financial charges | 65/66B | €11,036 | €11,148 | +€112 | +1.0% |
| Recurring financial charges | 65 | €11,036 | €11,148 | +€112 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €20,139 | €41,652 | +€21,513 | +107% |
| Income taxes | 67/77 | - | €6,669 | +€6,669 | |
| Profit (loss) for the period | 9904 | €20,139 | €34,983 | +€14,844 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,139 | €34,983 | +€14,844 | +73.7% |
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 15 October 2026 via checked.be.