LARISSA: 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.
LARISSA
Largest movements
- Tangible fixed assets +€86,693
up €86,693 (+50.6%), from €171,163 to €257,856
of which Plant, machinery and equipment: +€95,792
- Cash -€47,541
down €47,541 (-72.0%), from €66,014 to €18,473
mainly Investment in fixed assets (net) (-€119,180) and Trade debts (-€37,540)
- Current investments -€30,000
down €30,000 (-42.9%), from €70,000 to €40,000
- Receivables within one year +€10,288
new in 2025: €10,288
of which Other amounts receivable: +€10,258
- Stocks and contracts +€5,186
up €5,186 (+15.2%), from €34,023 to €39,209
- Trade debts -€37,540
down €37,540 (-92.0%), from €40,783 to €3,244
- Debts after one year +€36,662
up €36,662 (+45.8%), from €80,086 to €116,748
of which Other amounts payable: +€50,000
- Reserves +€19,614
up €19,614 (+24.6%), from €79,689 to €99,303
- Other debts +€4,208
up €4,208 (+4.2%), from €100,982 to €105,191
- Depreciation +€19,126
up €19,126 (+143%), from €13,361 to €32,487
- Gross operating margin +€6,258
up €6,258 (+12.2%), from €51,252 to €57,510
- Taxes -€3,466
down €3,466 (-38.3%), from €9,058 to €5,591
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 | €347,422 | €372,192 | +€24,770 | +7.1% |
| Fixed assets | 21/28 | €171,163 | €257,856 | +€86,693 | +50.6% |
| Tangible fixed assets | 22/27 | €171,163 | €257,856 | +€86,693 | +50.6% |
| Plant, machinery and equipment | 23 | €139,953 | €235,745 | +€95,792 | +68.4% |
| Furniture and vehicles | 24 | €31,211 | €22,112 | -€9,099 | -29.2% |
| Current assets | 29/58 | €176,259 | €114,335 | -€61,923 | -35.1% |
| Stocks and contracts in progress | 3 | €34,023 | €39,209 | +€5,186 | +15.2% |
| Stocks | 30/36 | €34,023 | €39,209 | +€5,186 | +15.2% |
| Amounts receivable within one year | 40/41 | - | €10,288 | +€10,288 | |
| Trade receivables | 40 | - | €30 | +€30 | |
| Other amounts receivable | 41 | - | €10,258 | +€10,258 | |
| Current investments | 50/53 | €70,000 | €40,000 | -€30,000 | -42.9% |
| Cash at bank and in hand | 54/58 | €66,014 | €18,473 | -€47,541 | -72.0% |
| Deferred charges and accrued income | 490/1 | €6,222 | €6,366 | +€144 | +2.3% |
| Total equity and liabilities | 10/49 | €347,422 | €372,192 | +€24,770 | +7.1% |
| Equity | 10/15 | €98,281 | €117,895 | +€19,614 | +20.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €79,689 | €99,303 | +€19,614 | +24.6% |
| Distributable reserves | 133 | €79,689 | €99,303 | +€19,614 | +24.6% |
| Amounts payable | 17/49 | €249,141 | €254,297 | +€5,156 | +2.1% |
| Amounts payable after more than one year | 17 | €80,086 | €116,748 | +€36,662 | +45.8% |
| Financial debts | 170/4 | €80,086 | €66,748 | -€13,338 | -16.7% |
| Other amounts payable | 178/9 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €168,756 | €136,041 | -€32,715 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €12,744 | €13,338 | +€594 | +4.7% |
| Trade debts | 44 | €40,783 | €3,244 | -€37,540 | -92.0% |
| Suppliers | 440/4 | €40,783 | €3,244 | -€37,540 | -92.0% |
| Taxes, remuneration and social security | 45 | €14,246 | €14,269 | +€23 | +0.2% |
| Taxes | 450/3 | €12,246 | €12,269 | +€23 | +0.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €100,982 | €105,191 | +€4,208 | +4.2% |
| Accrued charges and deferred income | 492/3 | €300 | €1,509 | +€1,209 | +403% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,361 | €32,487 | +€19,126 | +143% |
| Other operating charges | 640/8 | €1,372 | €1,467 | +€96 | +7.0% |
| Gross operating margin | 9900 | €51,252 | €57,510 | +€6,258 | +12.2% |
| Operating profit (loss) | 9901 | €36,519 | €23,556 | -€12,963 | -35.5% |
| Financial income | 75/76B | €8,218 | €8,484 | +€265 | +3.2% |
| Recurring financial income | 75 | €8,218 | €8,484 | +€265 | +3.2% |
| Financial charges | 65/66B | €6,288 | €5,934 | -€354 | -5.6% |
| Recurring financial charges | 65 | €5,350 | €5,934 | +€584 | +10.9% |
| Non-recurring financial charges | 66B | €938 | - | -€938 | |
| Profit (loss) for the period before taxes | 9903 | €38,450 | €26,105 | -€12,345 | -32.1% |
| Income taxes | 67/77 | €9,058 | €5,591 | -€3,466 | -38.3% |
| Profit (loss) for the period | 9904 | €29,392 | €20,514 | -€8,878 | -30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,392 | €20,514 | -€8,878 | -30.2% |
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 14 October 2026 via checked.be.