LARFI: 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.
LARFI
Largest movements
- Intangible fixed assets +€15,200
new in 2025: €15,200
- Other debts +€48,121
up €48,121 (+22.0%), from €218,703 to €266,824
- Profit (loss) carried forward -€21,101
down €21,101 (-10.5%), from -€201,845 to -€222,946
- Trade debts -€11,086
down €11,086 (-23.0%), from €48,116 to €37,030
- Gross operating margin -€17,713
down €17,713 (-552.0%), from -€3,209 to -€20,922
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 | €84,090 | €100,024 | +€15,934 | +18.9% |
| Fixed assets | 21/28 | €75,042 | €90,242 | +€15,200 | +20.3% |
| Intangible fixed assets | 21 | - | €15,200 | +€15,200 | |
| Financial fixed assets | 28 | €75,042 | €75,042 | = | 0.0% |
| Current assets | 29/58 | €9,048 | €9,782 | +€735 | +8.1% |
| Amounts receivable within one year | 40/41 | €8,385 | €9,058 | +€673 | +8.0% |
| Other amounts receivable | 41 | €8,385 | €9,058 | +€673 | +8.0% |
| Cash at bank and in hand | 54/58 | €662 | €724 | +€62 | +9.3% |
| Total equity and liabilities | 10/49 | €84,090 | €100,024 | +€15,934 | +18.9% |
| Equity | 10/15 | -€182,845 | -€203,946 | -€21,101 | -11.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Outside capital | 11 | €19,000 | €19,000 | = | 0.0% |
| Other | 1109/19 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€201,845 | -€222,946 | -€21,101 | -10.5% |
| Amounts payable | 17/49 | €266,935 | €303,971 | +€37,036 | +13.9% |
| Amounts payable within one year | 42/48 | €266,935 | €303,971 | +€37,036 | +13.9% |
| Trade debts | 44 | €48,116 | €37,030 | -€11,086 | -23.0% |
| Suppliers | 440/4 | €48,116 | €37,030 | -€11,086 | -23.0% |
| Taxes, remuneration and social security | 45 | €116 | €116 | = | 0.0% |
| Taxes | 450/3 | €116 | €116 | = | 0.0% |
| Other amounts payable | 47/48 | €218,703 | €266,824 | +€48,121 | +22.0% |
| Gross operating margin | 9900 | -€3,209 | -€20,922 | -€17,713 | -552.0% |
| Operating profit (loss) | 9901 | -€3,209 | -€20,922 | -€17,713 | -552.0% |
| Financial charges | 65/66B | €164 | €179 | +€15 | +9.2% |
| Recurring financial charges | 65 | €164 | €179 | +€15 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,373 | -€21,101 | -€17,728 | -525.6% |
| Profit (loss) for the period | 9904 | -€3,373 | -€21,101 | -€17,728 | -525.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,373 | -€21,101 | -€17,728 | -525.6% |
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 29 September 2026 via checked.be.