Larosas: 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.
Larosas
Largest movements
- Cash +€78,223
up €78,223 (+109.1%), from €71,681 to €149,904
mainly Other debts (+€919,651) and Net result for the year (+€254,980)
- Other debts +€919,651
up €919,651 (+644.6%), from €142,672 to €1.1m
- Reserves -€662,869
down €662,869 (-94.9%), from €698,310 to €35,441
- Debts after one year -€175,000
down €175,000 (-50.0%), from €350,000 to €175,000
- Gross operating margin +€148,222
up €148,222 (+73.9%), from €200,653 to €348,875
- Financial income -€75,000
no longer reported in 2025 (was €75,000)
- Taxes +€38,825
up €38,825 (+79.5%), from €48,851 to €87,676
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 | €1,376,754 | €1,458,257 | +€81,503 | +5.9% |
| Formation expenses | 20 | €350 | €189 | -€162 | -46.1% |
| Fixed assets | 21/28 | €1,302,224 | €1,303,044 | +€821 | +0.1% |
| Tangible fixed assets | 22/27 | €2,224 | €3,044 | +€821 | +36.9% |
| Plant, machinery and equipment | 23 | €1,978 | €1,504 | -€475 | -24.0% |
| Furniture and vehicles | 24 | €245 | €1,541 | +€1,296 | +528.8% |
| Financial fixed assets | 28 | €1,300,000 | €1,300,000 | = | 0.0% |
| Current assets | 29/58 | €74,180 | €155,024 | +€80,844 | +109.0% |
| Amounts receivable within one year | 40/41 | €1,414 | €2,000 | +€586 | +41.4% |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | €1,414 | - | -€1,414 | |
| Cash at bank and in hand | 54/58 | €71,681 | €149,904 | +€78,223 | +109.1% |
| Deferred charges and accrued income | 490/1 | €1,084 | €3,120 | +€2,036 | +187.8% |
| Total equity and liabilities | 10/49 | €1,376,754 | €1,458,257 | +€81,503 | +5.9% |
| Equity | 10/15 | €703,310 | €40,441 | -€662,869 | -94.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €698,310 | €35,441 | -€662,869 | -94.9% |
| Distributable reserves | 133 | €698,310 | €35,441 | -€662,869 | -94.9% |
| Amounts payable | 17/49 | €673,444 | €1,417,816 | +€744,372 | +110.5% |
| Amounts payable after more than one year | 17 | €350,000 | €175,000 | -€175,000 | -50.0% |
| Financial debts | 170/4 | €350,000 | €175,000 | -€175,000 | -50.0% |
| Amounts payable within one year | 42/48 | €323,444 | €1,242,816 | +€919,372 | +284.2% |
| Current portion of amounts payable after more than one year | 42 | €175,000 | €175,000 | = | 0.0% |
| Trade debts | 44 | €613 | €880 | +€267 | +43.6% |
| Suppliers | 440/4 | €613 | €880 | +€267 | +43.6% |
| Taxes, remuneration and social security | 45 | €5,159 | €4,613 | -€546 | -10.6% |
| Taxes | 450/3 | €5,159 | €4,613 | -€546 | -10.6% |
| Other amounts payable | 47/48 | €142,672 | €1,062,323 | +€919,651 | +644.6% |
| Non-recurring operating income | 76A | €4,190 | - | -€4,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,020 | €1,321 | +€300 | +29.4% |
| Other operating charges | 640/8 | €171 | €1,147 | +€976 | +571.5% |
| Gross operating margin | 9900 | €200,653 | €348,875 | +€148,222 | +73.9% |
| Operating profit (loss) | 9901 | €199,461 | €346,407 | +€146,946 | +73.7% |
| Financial income | 75/76B | €75,000 | - | -€75,000 | |
| Recurring financial income | 75 | €75,000 | - | -€75,000 | |
| Financial charges | 65/66B | €7,097 | €3,751 | -€3,346 | -47.1% |
| Recurring financial charges | 65 | €7,097 | €3,751 | -€3,346 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €267,364 | €342,656 | +€75,292 | +28.2% |
| Income taxes | 67/77 | €48,851 | €87,676 | +€38,825 | +79.5% |
| Profit (loss) for the period | 9904 | €218,514 | €254,980 | +€36,467 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €218,514 | €254,980 | +€36,467 | +16.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.