LAPTERS: 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.
LAPTERS
Largest movements
- Tangible fixed assets +€735,539
up €735,539 (+72.2%), from €1.0m to €1.8m
of which Land and buildings: +€737,579
- Debts after one year +€595,958
up €595,958 (+355%), from €168,014 to €763,972
- Other debts +€90,172
up €90,172 (+55.6%), from €162,116 to €252,287
- Current portion of long-term debt +€37,236
up €37,236 (+172%), from €21,673 to €58,909
- Depreciation +€14,326
up €14,326 (+71.1%), from €20,135 to €34,461
- Gross operating margin -€11,016
down €11,016 (-18.6%), from €59,293 to €48,277
- Other operating charges +€7,486
up €7,486 (+163%), from €4,599 to €12,085
- Financial charges +€906
up €906 (+313%), from €290 to €1,196
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 | €1,028,110 | €1,754,667 | +€726,557 | +70.7% |
| Fixed assets | 21/28 | €1,019,128 | €1,754,667 | +€735,539 | +72.2% |
| Tangible fixed assets | 22/27 | €1,019,128 | €1,754,667 | +€735,539 | +72.2% |
| Land and buildings | 22 | €1,017,088 | €1,754,667 | +€737,579 | +72.5% |
| Other tangible fixed assets | 26 | €2,040 | - | -€2,040 | |
| Current assets | 29/58 | €8,982 | - | -€8,982 | |
| Cash at bank and in hand | 54/58 | €8,982 | - | -€8,982 | |
| Total equity and liabilities | 10/49 | €1,028,110 | €1,754,667 | +€726,557 | +70.7% |
| Equity | 10/15 | €676,308 | €676,843 | +€534 | +0.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,692 | -€23,157 | +€534 | +2.3% |
| Amounts payable | 17/49 | €351,802 | €1,077,824 | +€726,022 | +206% |
| Amounts payable after more than one year | 17 | €168,014 | €763,972 | +€595,958 | +355% |
| Financial debts | 170/4 | €168,014 | €763,972 | +€595,958 | +355% |
| Amounts payable within one year | 42/48 | €183,788 | €313,852 | +€130,064 | +70.8% |
| Current portion of amounts payable after more than one year | 42 | €21,673 | €58,909 | +€37,236 | +172% |
| Financial debts | 43 | - | €2,656 | +€2,656 | |
| Credit institutions | 430/8 | - | €2,656 | +€2,656 | |
| Other amounts payable | 47/48 | €162,116 | €252,287 | +€90,172 | +55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,135 | €34,461 | +€14,326 | +71.1% |
| Other operating charges | 640/8 | €4,599 | €12,085 | +€7,486 | +163% |
| Gross operating margin | 9900 | €59,293 | €48,277 | -€11,016 | -18.6% |
| Operating profit (loss) | 9901 | €34,559 | €1,731 | -€32,828 | -95.0% |
| Financial charges | 65/66B | €290 | €1,196 | +€906 | +313% |
| Recurring financial charges | 65 | €290 | €1,196 | +€906 | +313% |
| Profit (loss) for the period before taxes | 9903 | €34,269 | €534 | -€33,735 | -98.4% |
| Profit (loss) for the period | 9904 | €34,269 | €534 | -€33,735 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,269 | €534 | -€33,735 | -98.4% |
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.