LAPTIME: 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.
LAPTIME
Largest movements
- Tangible fixed assets -€20,689
down €20,689 (-39.3%), from €52,678 to €31,990
of which Plant, machinery and equipment: -€20,082
- Receivables within one year +€1,281
up €1,281 (+27.5%), from €4,657 to €5,938
of which Trade receivables: +€1,509
- Cash -€1,126
down €1,126 (-16.3%), from €6,925 to €5,799
mainly Net result for the year (-€25,230) and Investment in fixed assets (net) (-€1,569)
- Profit (loss) carried forward -€25,230
down €25,230 (-154.4%), from -€16,344 to -€41,574
- Other debts +€2,469
up €2,469 (+3.3%), from €75,881 to €78,351
- Trade debts +€1,199
up €1,199 (+51.4%), from €2,332 to €3,531
- Gross operating margin -€676
down €676 (-55.2%), from -€1,226 to -€1,902
- Depreciation +€297
up €297 (+1.3%), from €22,290 to €22,587
- Financial charges +€187
up €187 (+111.7%), from €168 to €355
of which Non-recurring financial charges: +€221
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 | €66,300 | €44,956 | -€21,344 | -32.2% |
| Fixed assets | 21/28 | €53,439 | €32,420 | -€21,019 | -39.3% |
| Intangible fixed assets | 21 | €760 | €430 | -€330 | -43.4% |
| Tangible fixed assets | 22/27 | €52,678 | €31,990 | -€20,689 | -39.3% |
| Plant, machinery and equipment | 23 | €47,578 | €27,496 | -€20,082 | -42.2% |
| Furniture and vehicles | 24 | €2,472 | €2,226 | -€246 | -10.0% |
| Other tangible fixed assets | 26 | €2,629 | €2,268 | -€360 | -13.7% |
| Current assets | 29/58 | €12,861 | €12,535 | -€326 | -2.5% |
| Stocks and contracts in progress | 3 | €350 | €350 | = | 0.0% |
| Stocks | 30/36 | €350 | €350 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,657 | €5,938 | +€1,281 | +27.5% |
| Trade receivables | 40 | €470 | €1,979 | +€1,509 | +321.1% |
| Other amounts receivable | 41 | €4,187 | €3,959 | -€228 | -5.4% |
| Cash at bank and in hand | 54/58 | €6,925 | €5,799 | -€1,126 | -16.3% |
| Deferred charges and accrued income | 490/1 | €930 | €449 | -€481 | -51.7% |
| Total equity and liabilities | 10/49 | €66,300 | €44,956 | -€21,344 | -32.2% |
| Equity | 10/15 | -€13,344 | -€38,574 | -€25,230 | -189.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,344 | -€41,574 | -€25,230 | -154.4% |
| Amounts payable | 17/49 | €79,644 | €83,530 | +€3,885 | +4.9% |
| Amounts payable within one year | 42/48 | €79,644 | €83,530 | +€3,885 | +4.9% |
| Trade debts | 44 | €2,332 | €3,531 | +€1,199 | +51.4% |
| Suppliers | 440/4 | €2,332 | €3,531 | +€1,199 | +51.4% |
| Taxes, remuneration and social security | 45 | €1,431 | €1,648 | +€217 | +15.2% |
| Taxes | 450/3 | €1,431 | €1,648 | +€217 | +15.2% |
| Other amounts payable | 47/48 | €75,881 | €78,351 | +€2,469 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,290 | €22,587 | +€297 | +1.3% |
| Other operating charges | 640/8 | €388 | €388 | = | 0.0% |
| Gross operating margin | 9900 | -€1,226 | -€1,902 | -€676 | -55.2% |
| Operating profit (loss) | 9901 | -€23,904 | -€24,877 | -€973 | -4.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €168 | €355 | +€187 | +111.7% |
| Recurring financial charges | 65 | €168 | €133 | -€34 | -20.4% |
| Non-recurring financial charges | 66B | - | €221 | +€221 | |
| Profit (loss) for the period before taxes | 9903 | -€24,072 | -€25,230 | -€1,158 | -4.8% |
| Profit (loss) for the period | 9904 | -€24,072 | -€25,230 | -€1,158 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,072 | -€25,230 | -€1,158 | -4.8% |
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 9 October 2026 via checked.be.