Lardel Ostéo: 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.
Lardel Ostéo
Largest movements
- Receivables within one year -€6,453
down €6,453 (-85.3%), from €7,565 to €1,113
of which Other amounts receivable: -€5,611
- Cash +€4,034
up €4,034 (+45.4%), from €8,892 to €12,926
mainly Net result for the year (+€15,877) and Receivables within one year (+€6,453)
- Tangible fixed assets +€3,441
up €3,441 (+174%), from €1,975 to €5,416
of which Plant, machinery and equipment: +€3,411
- Other debts +€5,444
up €5,444 (+52.2%), from €10,434 to €15,877
- Advances received -€5,231
down €5,231 (-100%), from €5,231 to €0
- Tax, wage and social debts +€955
new in 2025: €955
- Gross operating margin +€7,330
up €7,330 (+50.2%), from €14,616 to €21,947
- Taxes +€1,563
up €1,563 (+46.1%), from €3,392 to €4,955
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 | €19,664 | €20,832 | +€1,167 | +5.9% |
| Fixed assets | 21/28 | €1,975 | €5,416 | +€3,441 | +174% |
| Tangible fixed assets | 22/27 | €1,975 | €5,416 | +€3,441 | +174% |
| Plant, machinery and equipment | 23 | - | €3,411 | +€3,411 | |
| Furniture and vehicles | 24 | €1,975 | €2,005 | +€29 | +1.5% |
| Current assets | 29/58 | €17,689 | €15,416 | -€2,273 | -12.9% |
| Amounts receivable within one year | 40/41 | €7,565 | €1,113 | -€6,453 | -85.3% |
| Trade receivables | 40 | €842 | €0 | -€842 | -100% |
| Other amounts receivable | 41 | €6,724 | €1,113 | -€5,611 | -83.5% |
| Cash at bank and in hand | 54/58 | €8,892 | €12,926 | +€4,034 | +45.4% |
| Deferred charges and accrued income | 490/1 | €1,232 | €1,378 | +€146 | +11.8% |
| Total equity and liabilities | 10/49 | €19,664 | €20,832 | +€1,167 | +5.9% |
| Equity | 10/15 | €4,000 | €4,000 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,664 | €16,832 | +€1,167 | +7.5% |
| Amounts payable within one year | 42/48 | €15,664 | €16,832 | +€1,167 | +7.5% |
| Advances received on contracts in progress | 46 | €5,231 | €0 | -€5,231 | -100% |
| Taxes, remuneration and social security | 45 | - | €955 | +€955 | |
| Taxes | 450/3 | - | €955 | +€955 | |
| Other amounts payable | 47/48 | €10,434 | €15,877 | +€5,444 | +52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €402 | €567 | +€165 | +41.2% |
| Other operating charges | 640/8 | €265 | €423 | +€158 | +59.8% |
| Gross operating margin | 9900 | €14,616 | €21,947 | +€7,330 | +50.2% |
| Operating profit (loss) | 9901 | €13,950 | €20,956 | +€7,006 | +50.2% |
| Financial charges | 65/66B | €125 | €125 | = | 0.0% |
| Recurring financial charges | 65 | €125 | €125 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €13,825 | €20,832 | +€7,006 | +50.7% |
| Income taxes | 67/77 | €3,392 | €4,955 | +€1,563 | +46.1% |
| Profit (loss) for the period | 9904 | €10,434 | €15,877 | +€5,444 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,434 | €15,877 | +€5,444 | +52.2% |
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 26 October 2026 via checked.be.