LARABESKO: 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.
LARABESKO
Largest movements
- Cash +€102,802
up €102,802 (+158%), from €64,863 to €167,665
mainly Net result for the year (+€39,318) and Tax, wage and social debts (+€32,727)
- Receivables within one year -€17,130
down €17,130 (-20.3%), from €84,391 to €67,262
of which Other amounts receivable: -€12,140
- Stocks and contracts -€15,208
down €15,208 (-13.9%), from €109,324 to €94,117
- Tax, wage and social debts +€32,727
up €32,727 (+1,134%), from €2,887 to €35,614
of which Taxes: +€23,951
- Profit (loss) carried forward +€20,918
up €20,918 (+16.0%), from €130,836 to €151,754
- Trade debts +€20,714
up €20,714 (+86.6%), from €23,922 to €44,635
- Accrued charges and deferred income -€12,230
down €12,230 (-97.0%), from €12,605 to €376
- Debts after one year +€7,323
up €7,323 (+4.4%), from €165,356 to €172,679
- Gross operating margin +€48,917
up €48,917 (+69.4%), from €70,457 to €119,374
- Taxes +€9,458
up €9,458 (+125%), from €7,595 to €17,053
- Staff costs +€6,655
up €6,655 (+32.3%), from €20,574 to €27,228
- Depreciation +€4,295
up €4,295 (+16.9%), from €25,367 to €29,663
- Financial income -€1,727
down €1,727 (-38.2%), from €4,516 to €2,790
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 | €425,567 | €501,118 | +€75,551 | +17.8% |
| Fixed assets | 21/28 | €162,836 | €167,475 | +€4,639 | +2.8% |
| Tangible fixed assets | 22/27 | €162,597 | €167,236 | +€4,639 | +2.9% |
| Plant, machinery and equipment | 23 | €146,840 | €131,960 | -€14,880 | -10.1% |
| Furniture and vehicles | 24 | €15,757 | €35,276 | +€19,519 | +124% |
| Financial fixed assets | 28 | €239 | €239 | = | 0.0% |
| Current assets | 29/58 | €262,731 | €333,642 | +€70,912 | +27.0% |
| Stocks and contracts in progress | 3 | €109,324 | €94,117 | -€15,208 | -13.9% |
| Stocks | 30/36 | €109,324 | €94,117 | -€15,208 | -13.9% |
| Amounts receivable within one year | 40/41 | €84,391 | €67,262 | -€17,130 | -20.3% |
| Trade receivables | 40 | €69,377 | €64,387 | -€4,990 | -7.2% |
| Other amounts receivable | 41 | €15,015 | €2,875 | -€12,140 | -80.9% |
| Cash at bank and in hand | 54/58 | €64,863 | €167,665 | +€102,802 | +158% |
| Deferred charges and accrued income | 490/1 | €4,152 | €4,599 | +€447 | +10.8% |
| Total equity and liabilities | 10/49 | €425,567 | €501,118 | +€75,551 | +17.8% |
| Equity | 10/15 | €213,386 | €234,304 | +€20,918 | +9.8% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €2,550 | €2,550 | = | 0.0% |
| Distributable reserves | 133 | €2,550 | €2,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,836 | €151,754 | +€20,918 | +16.0% |
| Amounts payable | 17/49 | €212,181 | €266,814 | +€54,633 | +25.7% |
| Amounts payable after more than one year | 17 | €165,356 | €172,679 | +€7,323 | +4.4% |
| Financial debts | 170/4 | €165,356 | €172,679 | +€7,323 | +4.4% |
| Amounts payable within one year | 42/48 | €34,219 | €93,759 | +€59,540 | +174% |
| Current portion of amounts payable after more than one year | 42 | €7,411 | €13,510 | +€6,099 | +82.3% |
| Trade debts | 44 | €23,922 | €44,635 | +€20,714 | +86.6% |
| Suppliers | 440/4 | €23,922 | €44,635 | +€20,714 | +86.6% |
| Taxes, remuneration and social security | 45 | €2,887 | €35,614 | +€32,727 | +1,134% |
| Taxes | 450/3 | €2,887 | €26,838 | +€23,951 | +830% |
| Remuneration and social security | 454/9 | - | €8,776 | +€8,776 | |
| Accrued charges and deferred income | 492/3 | €12,605 | €376 | -€12,230 | -97.0% |
| Remuneration, social security and pensions | 62 | €20,574 | €27,228 | +€6,655 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,367 | €29,663 | +€4,295 | +16.9% |
| Other operating charges | 640/8 | €1,837 | €1,670 | -€168 | -9.1% |
| Non-recurring operating charges | 66A | - | €1,072 | +€1,072 | |
| Gross operating margin | 9900 | €70,457 | €119,374 | +€48,917 | +69.4% |
| Operating profit (loss) | 9901 | €22,678 | €59,741 | +€37,063 | +163% |
| Financial income | 75/76B | €4,516 | €2,790 | -€1,727 | -38.2% |
| Recurring financial income | 75 | €4,516 | €2,790 | -€1,727 | -38.2% |
| Financial charges | 65/66B | €6,932 | €6,160 | -€773 | -11.1% |
| Recurring financial charges | 65 | €6,932 | €6,160 | -€773 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €20,262 | €56,371 | +€36,108 | +178% |
| Income taxes | 67/77 | €7,595 | €17,053 | +€9,458 | +125% |
| Profit (loss) for the period | 9904 | €12,668 | €39,318 | +€26,650 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €12,668 | €39,318 | +€26,650 | +210% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.