LARINOIS: 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.
LARINOIS
Largest movements
- Receivables within one year +€886,946
up €886,946 (+248.0%), from €357,583 to €1.2m
of which Trade receivables: +€898,887
- Cash -€588,722
down €588,722 (-99.7%), from €590,689 to €1,967
mainly Receivables within one year (-€886,946) and Advances received (-€135,366)
- Tangible fixed assets +€22,918
up €22,918 (+71.2%), from €32,187 to €55,105
of which Plant, machinery and equipment: +€25,565
- Trade debts +€439,207
up €439,207 (+58.8%), from €747,126 to €1.2m
- Advances received -€135,366
no longer reported in 2025 (was €135,366)
- Turnover -€1.3m
no longer reported in 2025 (was €1.3m)
- Purchases and services -€1.3m
no longer reported in 2025 (was €1.3m)
- Gross operating margin -€16,974
down €16,974 (-61.5%), from €27,594 to €10,620
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 | €980,987 | €1,301,601 | +€320,614 | +32.7% |
| Fixed assets | 21/28 | €32,187 | €55,105 | +€22,918 | +71.2% |
| Tangible fixed assets | 22/27 | €32,187 | €55,105 | +€22,918 | +71.2% |
| Land and buildings | 22 | €31,756 | €29,109 | -€2,647 | -8.3% |
| Plant, machinery and equipment | 23 | €431 | €25,996 | +€25,565 | +5931.5% |
| Current assets | 29/58 | €948,800 | €1,246,496 | +€297,696 | +31.4% |
| Amounts receivable within one year | 40/41 | €357,583 | €1,244,529 | +€886,946 | +248.0% |
| Trade receivables | 40 | €345,642 | €1,244,529 | +€898,887 | +260.1% |
| Other amounts receivable | 41 | €11,941 | - | -€11,941 | |
| Cash at bank and in hand | 54/58 | €590,689 | €1,967 | -€588,722 | -99.7% |
| Deferred charges and accrued income | 490/1 | €528 | - | -€528 | |
| Total equity and liabilities | 10/49 | €980,987 | €1,301,601 | +€320,614 | +32.7% |
| Equity | 10/15 | €93,201 | €98,906 | +€5,705 | +6.1% |
| Contributions | 10/11 | €27,268 | €27,268 | +€0 | 0.0% |
| Reserves | 13 | €15,865 | €15,865 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €2,727 | €2,727 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €2,727 | €2,727 | -€0 | 0.0% |
| Distributable reserves | 133 | €13,138 | €13,138 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €50,068 | €55,773 | +€5,705 | +11.4% |
| Amounts payable | 17/49 | €887,786 | €1,202,695 | +€314,909 | +35.5% |
| Amounts payable within one year | 42/48 | €887,786 | €1,200,105 | +€312,319 | +35.2% |
| Trade debts | 44 | €747,126 | €1,186,333 | +€439,207 | +58.8% |
| Suppliers | 440/4 | €747,126 | €1,186,333 | +€439,207 | +58.8% |
| Advances received on contracts in progress | 46 | €135,366 | - | -€135,366 | |
| Taxes, remuneration and social security | 45 | €5,294 | €11,837 | +€6,543 | +123.6% |
| Taxes | 450/3 | €5,294 | €11,837 | +€6,543 | +123.6% |
| Other amounts payable | 47/48 | - | €1,935 | +€1,935 | |
| Accrued charges and deferred income | 492/3 | - | €2,590 | +€2,590 | |
| Turnover | 70 | €1,339,457 | - | -€1.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,311,863 | - | -€1.3m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,637 | €3,614 | -€4,023 | -52.7% |
| Gross operating margin | 9900 | €27,594 | €10,620 | -€16,974 | -61.5% |
| Operating profit (loss) | 9901 | €19,957 | €7,006 | -€12,951 | -64.9% |
| Financial charges | 65/66B | €120 | €140 | +€20 | +16.7% |
| Recurring financial charges | 65 | €120 | €140 | +€20 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €19,837 | €6,866 | -€12,971 | -65.4% |
| Income taxes | 67/77 | €5,294 | €1,161 | -€4,133 | -78.1% |
| Profit (loss) for the period | 9904 | €14,543 | €5,705 | -€8,838 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,543 | €5,705 | -€8,838 | -60.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.