LARO TECHNIEK: 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.
LARO TECHNIEK
Largest movements
- Tangible fixed assets -€36,624
down €36,624 (-13.3%), from €274,885 to €238,261
of which Furniture and vehicles: -€20,556
- Cash +€36,562
up €36,562 (+269%), from €13,594 to €50,157
mainly Depreciation (+€36,624) and Net result for the year (+€23,932)
- Receivables within one year -€10,124
down €10,124 (-60.1%), from €16,849 to €6,725
of which Trade receivables: -€9,410
- Reserves +€23,932
up €23,932 (+218%), from €10,996 to €34,927
- Debts after one year -€21,173
down €21,173 (-13.0%), from €162,758 to €141,584
- Trade debts -€12,710
down €12,710 (-67.6%), from €18,801 to €6,091
- Other debts -€10,676
down €10,676 (-13.0%), from €82,284 to €71,608
- Tax, wage and social debts +€9,439
up €9,439 (+177%), from €5,320 to €14,759
- Gross operating margin +€39,846
up €39,846 (+93.8%), from €42,489 to €82,335
- Depreciation +€17,370
up €17,370 (+90.2%), from €19,254 to €36,624
- Taxes +€5,949
up €5,949 (+135%), from €4,405 to €10,354
- Financial charges +€3,748
up €3,748 (+78.2%), from €4,791 to €8,539
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 | €305,328 | €295,143 | -€10,185 | -3.3% |
| Fixed assets | 21/28 | €274,885 | €238,261 | -€36,624 | -13.3% |
| Tangible fixed assets | 22/27 | €274,885 | €238,261 | -€36,624 | -13.3% |
| Land and buildings | 22 | €179,045 | €169,782 | -€9,263 | -5.2% |
| Plant, machinery and equipment | 23 | €19,941 | €13,136 | -€6,805 | -34.1% |
| Furniture and vehicles | 24 | €75,899 | €55,343 | -€20,556 | -27.1% |
| Current assets | 29/58 | €30,443 | €56,882 | +€26,439 | +86.8% |
| Amounts receivable within one year | 40/41 | €16,849 | €6,725 | -€10,124 | -60.1% |
| Trade receivables | 40 | €14,503 | €5,093 | -€9,410 | -64.9% |
| Other amounts receivable | 41 | €2,346 | €1,633 | -€713 | -30.4% |
| Cash at bank and in hand | 54/58 | €13,594 | €50,157 | +€36,562 | +269% |
| Total equity and liabilities | 10/49 | €305,328 | €295,143 | -€10,185 | -3.3% |
| Equity | 10/15 | €15,996 | €39,927 | +€23,932 | +150% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,996 | €34,927 | +€23,932 | +218% |
| Distributable reserves | 133 | €10,996 | €34,927 | +€23,932 | +218% |
| Amounts payable | 17/49 | €289,332 | €255,215 | -€34,117 | -11.8% |
| Amounts payable after more than one year | 17 | €162,758 | €141,584 | -€21,173 | -13.0% |
| Financial debts | 170/4 | €162,758 | €141,584 | -€21,173 | -13.0% |
| Amounts payable within one year | 42/48 | €126,575 | €113,631 | -€12,944 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €20,170 | €21,173 | +€1,003 | +5.0% |
| Trade debts | 44 | €18,801 | €6,091 | -€12,710 | -67.6% |
| Suppliers | 440/4 | €18,801 | €6,091 | -€12,710 | -67.6% |
| Taxes, remuneration and social security | 45 | €5,320 | €14,759 | +€9,439 | +177% |
| Taxes | 450/3 | €5,320 | €14,759 | +€9,439 | +177% |
| Other amounts payable | 47/48 | €82,284 | €71,608 | -€10,676 | -13.0% |
| Non-recurring operating income | 76A | €1,294 | - | -€1,294 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,254 | €36,624 | +€17,370 | +90.2% |
| Other operating charges | 640/8 | €3,059 | €3,202 | +€143 | +4.7% |
| Gross operating margin | 9900 | €42,489 | €82,335 | +€39,846 | +93.8% |
| Operating profit (loss) | 9901 | €20,176 | €42,509 | +€22,332 | +111% |
| Financial income | 75/76B | €16 | €316 | +€301 | +1,904% |
| Recurring financial income | 75 | €16 | €316 | +€301 | +1,904% |
| Financial charges | 65/66B | €4,791 | €8,539 | +€3,748 | +78.2% |
| Recurring financial charges | 65 | €4,791 | €8,539 | +€3,748 | +78.2% |
| Profit (loss) for the period before taxes | 9903 | €15,401 | €34,286 | +€18,885 | +123% |
| Income taxes | 67/77 | €4,405 | €10,354 | +€5,949 | +135% |
| Profit (loss) for the period | 9904 | €10,996 | €23,932 | +€12,936 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €10,996 | €23,932 | +€12,936 | +118% |
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 18 October 2026 via checked.be.