LARDAN: 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.
LARDAN
Largest movements
- Cash +€19,168
up €19,168 (+43.0%), from €44,530 to €63,698
mainly Net result for the year (+€24,085) and Tax, wage and social debts (+€4,475)
- Receivables within one year +€7,143
up €7,143 (+101.7%), from €7,021 to €14,164
of which Trade receivables: +€6,616
- Tangible fixed assets +€2,870
up €2,870 (+114.7%), from €2,502 to €5,372
- Reserves +€20,000
up €20,000 (+98.5%), from €20,313 to €40,313
of which Distributable reserves: +€20,000
- Tax, wage and social debts +€4,475
up €4,475 (+574.3%), from €779 to €5,254
- Other debts +€3,500
new in 2025: €3,500
- Gross operating margin +€18,485
up €18,485 (+114.5%), from €16,150 to €34,635
- Taxes +€9,318
up €9,318, from -€1,343 to €7,975
- Other operating charges -€651
down €651 (-57.3%), from €1,136 to €485
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 | €54,113 | €83,294 | +€29,181 | +53.9% |
| Fixed assets | 21/28 | €2,562 | €5,433 | +€2,870 | +112.0% |
| Tangible fixed assets | 22/27 | €2,502 | €5,372 | +€2,870 | +114.7% |
| Furniture and vehicles | 24 | €2,502 | €5,372 | +€2,870 | +114.7% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €51,551 | €77,862 | +€26,311 | +51.0% |
| Amounts receivable within one year | 40/41 | €7,021 | €14,164 | +€7,143 | +101.7% |
| Trade receivables | 40 | €2,286 | €8,903 | +€6,616 | +289.4% |
| Other amounts receivable | 41 | €4,734 | €5,261 | +€527 | +11.1% |
| Cash at bank and in hand | 54/58 | €44,530 | €63,698 | +€19,168 | +43.0% |
| Total equity and liabilities | 10/49 | €54,113 | €83,294 | +€29,181 | +53.9% |
| Equity | 10/15 | €50,355 | €70,940 | +€20,585 | +40.9% |
| Contributions | 10/11 | €7,850 | €7,850 | = | 0.0% |
| Outside capital | 11 | €7,850 | €7,850 | = | 0.0% |
| Other | 1109/19 | €7,850 | €7,850 | = | 0.0% |
| Reserves | 13 | €20,313 | €40,313 | +€20,000 | +98.5% |
| Non-distributable reserves | 130/1 | €313 | €313 | = | 0.0% |
| Reserves not available under the articles | 1311 | €313 | €313 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €40,000 | +€20,000 | +100.0% |
| Profit (loss) carried forward | 14 | €22,192 | €22,777 | +€585 | +2.6% |
| Amounts payable | 17/49 | €3,758 | €12,354 | +€8,597 | +228.8% |
| Amounts payable within one year | 42/48 | €3,758 | €12,354 | +€8,597 | +228.8% |
| Current portion of amounts payable after more than one year | 42 | - | €453 | +€453 | |
| Trade debts | 44 | €2,979 | €3,148 | +€169 | +5.7% |
| Suppliers | 440/4 | €2,979 | €3,148 | +€169 | +5.7% |
| Taxes, remuneration and social security | 45 | €779 | €5,254 | +€4,475 | +574.3% |
| Taxes | 450/3 | €779 | €5,254 | +€4,475 | +574.3% |
| Other amounts payable | 47/48 | - | €3,500 | +€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €881 | €1,207 | +€326 | +37.0% |
| Other operating charges | 640/8 | €1,136 | €485 | -€651 | -57.3% |
| Gross operating margin | 9900 | €16,150 | €34,635 | +€18,485 | +114.5% |
| Operating profit (loss) | 9901 | €14,133 | €32,943 | +€18,810 | +133.1% |
| Financial charges | 65/66B | €1,101 | €883 | -€217 | -19.7% |
| Recurring financial charges | 65 | €1,101 | €883 | -€217 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €13,032 | €32,060 | +€19,027 | +146.0% |
| Income taxes | 67/77 | -€1,343 | €7,975 | +€9,318 | |
| Profit (loss) for the period | 9904 | €14,376 | €24,085 | +€9,709 | +67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,376 | €24,085 | +€9,709 | +67.5% |
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 4 October 2026 via checked.be.