LAR WOOD: what changed
LAR WOOD
Largest movements
- Receivables within one year +€57,258
up €57,258 (+1,135%), from €5,046 to €62,303
of which Trade receivables: +€60,457
- Cash -€6,764
no longer reported in 2023 (was €6,764)
mainly Receivables within one year (-€57,258) and Investment in fixed assets (net) (-€2,093)
- Tangible fixed assets +€2,093
up €2,093 (+139%), from €1,505 to €3,598
of which Leasing and similar rights: +€2,093
- Trade debts +€35,462
up €35,462 (+7,581%), from €468 to €35,930
of which Suppliers: +€34,400
- Profit (loss) carried forward +€15,399
up €15,399, from -€7,939 to €7,460
- Tax, wage and social debts +€3,585
up €3,585 (+205%), from €1,745 to €5,330
of which Remuneration and social security: +€3,345
- Reserves -€1,860
no longer reported in 2023 (was €1,860)
- Turnover -€138,971
no longer reported in 2023 (was €138,971)
- Purchases and services -€91,656
no longer reported in 2023 (was €91,656)
- Staff costs -€18,688
down €18,688 (-38.4%), from €48,638 to €29,950
- Taxes -€2,964
no longer reported in 2023 (was €2,964)
- Other operating charges -€1,746
down €1,746 (-66.9%), from €2,610 to €864
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,365 | €65,951 | +€52,586 | +393% |
| Fixed assets | 21/28 | €1,555 | €3,648 | +€2,093 | +135% |
| Tangible fixed assets | 22/27 | €1,505 | €3,598 | +€2,093 | +139% |
| Plant, machinery and equipment | 23 | €1,505 | €1,505 | = | 0.0% |
| Leasing and similar rights | 25 | - | €2,093 | +€2,093 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €11,810 | €62,303 | +€50,494 | +428% |
| Amounts receivable within one year | 40/41 | €5,046 | €62,303 | +€57,258 | +1,135% |
| Trade receivables | 40 | €1,846 | €62,303 | +€60,457 | +3,275% |
| Other amounts receivable | 41 | €3,199 | - | -€3,199 | |
| Cash at bank and in hand | 54/58 | €6,764 | - | -€6,764 | |
| Total equity and liabilities | 10/49 | €13,365 | €65,951 | +€52,586 | +393% |
| Equity | 10/15 | €121 | €13,660 | +€13,539 | +11,208% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Share premium | 1100/10 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€7,939 | €7,460 | +€15,399 | |
| Amounts payable | 17/49 | €13,244 | €52,291 | +€39,047 | +295% |
| Amounts payable within one year | 42/48 | €13,244 | €52,291 | +€39,047 | +295% |
| Trade debts | 44 | €468 | €35,930 | +€35,462 | +7,581% |
| Suppliers | 440/4 | €468 | €34,868 | +€34,400 | +7,354% |
| Bills of exchange payable | 441 | - | €1,062 | +€1,062 | |
| Taxes, remuneration and social security | 45 | €1,745 | €5,330 | +€3,585 | +205% |
| Taxes | 450/3 | €245 | €485 | +€240 | +98.0% |
| Remuneration and social security | 454/9 | €1,500 | €4,845 | +€3,345 | +223% |
| Other amounts payable | 47/48 | €11,031 | €11,031 | = | 0.0% |
| Turnover | 70 | €138,971 | - | -€138,971 | |
| Goods, raw materials, services and sundry goods | 60/61 | €91,656 | - | -€91,656 | |
| Remuneration, social security and pensions | 62 | €48,638 | €29,950 | -€18,688 | -38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26 | - | -€26 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €692 | - | -€692 | |
| Other operating charges | 640/8 | €2,610 | €864 | -€1,746 | -66.9% |
| Gross operating margin | 9900 | €47,315 | €46,699 | -€616 | -1.3% |
| Operating profit (loss) | 9901 | -€4,650 | €15,885 | +€20,535 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €327 | €486 | +€159 | +48.6% |
| Recurring financial charges | 65 | €327 | €486 | +€159 | +48.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,976 | €15,399 | +€20,375 | |
| Income taxes | 67/77 | €2,964 | - | -€2,964 | |
| Profit (loss) for the period | 9904 | -€7,939 | €15,399 | +€23,338 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,939 | €15,399 | +€23,338 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.