LARA: 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.
LARA
Largest movements
- Tangible fixed assets -€6,237
down €6,237 (-78.0%), from €7,992 to €1,755
- Cash +€5,476
up €5,476 (+5505.2%), from €99 to €5,575
mainly Depreciation (+€3,776) and Investment in fixed assets (net) (+€2,460)
- Receivables within one year +€472
up €472 (+2.7%), from €17,620 to €18,092
- Stocks and contracts -€327
down €327 (-15.0%), from €2,174 to €1,847
- Reserves +€2,007
up €2,007 (+68.6%), from €2,925 to €4,932
- Tax, wage and social debts -€1,469
down €1,469 (-46.7%), from €3,144 to €1,675
of which Remuneration and social security: -€1,015
- Trade debts -€1,404
down €1,404 (-31.0%), from €4,527 to €3,123
- Gross operating margin -€2,453
down €2,453 (-18.4%), from €13,342 to €10,890
- Staff costs -€1,345
down €1,345 (-25.0%), from €5,371 to €4,026
- Depreciation -€596
down €596 (-13.6%), from €4,372 to €3,776
- Financial charges -€577
down €577 (-65.0%), from €888 to €311
- Other operating charges -€331
down €331 (-16.1%), from €2,058 to €1,728
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 | €29,196 | €28,330 | -€866 | -3.0% |
| Fixed assets | 21/28 | €7,992 | €1,755 | -€6,237 | -78.0% |
| Tangible fixed assets | 22/27 | €7,992 | €1,755 | -€6,237 | -78.0% |
| Land and buildings | 22 | €3,561 | €1,470 | -€2,091 | -58.7% |
| Plant, machinery and equipment | 23 | €1,138 | €32 | -€1,107 | -97.2% |
| Furniture and vehicles | 24 | €3,292 | €254 | -€3,039 | -92.3% |
| Current assets | 29/58 | €21,204 | €26,575 | +€5,371 | +25.3% |
| Stocks and contracts in progress | 3 | €2,174 | €1,847 | -€327 | -15.0% |
| Stocks | 30/36 | €2,174 | €1,847 | -€327 | -15.0% |
| Amounts receivable within one year | 40/41 | €17,620 | €18,092 | +€472 | +2.7% |
| Other amounts receivable | 41 | €17,620 | €18,092 | +€472 | +2.7% |
| Cash at bank and in hand | 54/58 | €99 | €5,575 | +€5,476 | +5505.2% |
| Deferred charges and accrued income | 490/1 | €1,311 | €1,061 | -€251 | -19.1% |
| Total equity and liabilities | 10/49 | €29,196 | €28,330 | -€866 | -3.0% |
| Equity | 10/15 | €21,525 | €23,532 | +€2,007 | +9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,925 | €4,932 | +€2,007 | +68.6% |
| Distributable reserves | 133 | €2,925 | €4,932 | +€2,007 | +68.6% |
| Amounts payable | 17/49 | €7,671 | €4,798 | -€2,874 | -37.5% |
| Amounts payable within one year | 42/48 | €7,671 | €4,798 | -€2,874 | -37.5% |
| Trade debts | 44 | €4,527 | €3,123 | -€1,404 | -31.0% |
| Suppliers | 440/4 | €4,527 | €3,123 | -€1,404 | -31.0% |
| Taxes, remuneration and social security | 45 | €3,144 | €1,675 | -€1,469 | -46.7% |
| Taxes | 450/3 | €1,383 | €929 | -€454 | -32.8% |
| Remuneration and social security | 454/9 | €1,761 | €745 | -€1,015 | -57.7% |
| Non-recurring operating income | 76A | - | €3,312 | +€3,312 | |
| Remuneration, social security and pensions | 62 | €5,371 | €4,026 | -€1,345 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,372 | €3,776 | -€596 | -13.6% |
| Other operating charges | 640/8 | €2,058 | €1,728 | -€331 | -16.1% |
| Gross operating margin | 9900 | €13,342 | €10,890 | -€2,453 | -18.4% |
| Operating profit (loss) | 9901 | €1,541 | €1,360 | -€181 | -11.7% |
| Financial income | 75/76B | €877 | €958 | +€81 | +9.2% |
| Recurring financial income | 75 | €877 | €958 | +€81 | +9.2% |
| Financial charges | 65/66B | €888 | €311 | -€577 | -65.0% |
| Recurring financial charges | 65 | €888 | €311 | -€577 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | €1,530 | €2,007 | +€477 | +31.2% |
| Profit (loss) for the period | 9904 | €1,530 | €2,007 | +€477 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,530 | €2,007 | +€477 | +31.2% |
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 8 October 2026 via checked.be.