LARTECH: 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.
LARTECH
Largest movements
- Cash +€93,772
up €93,772 (+138.1%), from €67,882 to €161,654
mainly Net result for the year (+€56,835) and Other debts (+€23,036)
- Receivables within one year -€13,618
down €13,618 (-38.7%), from €35,208 to €21,591
of which Trade receivables: -€17,372
- Tangible fixed assets -€10,800
down €10,800 (-20.0%), from €53,956 to €43,156
- Deferred charges and accrued income +€4,090
new in 2025: €4,090
- Reserves +€50,000
up €50,000 (+94.3%), from €53,000 to €103,000
of which Distributable reserves: +€50,000
- Other debts +€23,036
up €23,036 (+926.6%), from €2,486 to €25,522
- Trade debts -€8,784
down €8,784 (-27.9%), from €31,447 to €22,663
- Profit (loss) carried forward +€6,835
up €6,835 (+19.5%), from €35,007 to €41,842
- Tax, wage and social debts +€2,357
up €2,357 (+6.7%), from €35,107 to €37,463
of which Taxes: +€2,357
- Turnover -€164,720
no longer reported in 2025 (was €164,720)
- Purchases and services +€94,352
up €94,352 (+215.7%), from €43,748 to €138,100
- Gross operating margin -€25,178
down €25,178 (-20.8%), from €120,972 to €95,794
- Depreciation +€10,756
up €10,756 (+24602.7%), from €44 to €10,800
- Taxes -€8,861
down €8,861 (-25.2%), from €35,107 to €26,245
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 | €157,046 | €230,490 | +€73,444 | +46.8% |
| Fixed assets | 21/28 | €53,956 | €43,156 | -€10,800 | -20.0% |
| Tangible fixed assets | 22/27 | €53,956 | €43,156 | -€10,800 | -20.0% |
| Furniture and vehicles | 24 | €53,956 | €43,156 | -€10,800 | -20.0% |
| Current assets | 29/58 | €103,090 | €187,334 | +€84,244 | +81.7% |
| Amounts receivable within one year | 40/41 | €35,208 | €21,591 | -€13,618 | -38.7% |
| Trade receivables | 40 | €32,829 | €15,457 | -€17,372 | -52.9% |
| Other amounts receivable | 41 | €2,379 | €6,134 | +€3,755 | +157.8% |
| Cash at bank and in hand | 54/58 | €67,882 | €161,654 | +€93,772 | +138.1% |
| Deferred charges and accrued income | 490/1 | - | €4,090 | +€4,090 | |
| Total equity and liabilities | 10/49 | €157,046 | €230,490 | +€73,444 | +46.8% |
| Equity | 10/15 | €88,007 | €144,842 | +€56,835 | +64.6% |
| Reserves | 13 | €53,000 | €103,000 | +€50,000 | +94.3% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €100,000 | +€50,000 | +100.0% |
| Profit (loss) carried forward | 14 | €35,007 | €41,842 | +€6,835 | +19.5% |
| Amounts payable | 17/49 | €69,039 | €85,648 | +€16,609 | +24.1% |
| Amounts payable within one year | 42/48 | €69,039 | €85,648 | +€16,609 | +24.1% |
| Trade debts | 44 | €31,447 | €22,663 | -€8,784 | -27.9% |
| Suppliers | 440/4 | €31,447 | €22,663 | -€8,784 | -27.9% |
| Taxes, remuneration and social security | 45 | €35,107 | €37,463 | +€2,357 | +6.7% |
| Taxes | 450/3 | €35,107 | €37,463 | +€2,357 | +6.7% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €2,486 | €25,522 | +€23,036 | +926.6% |
| Turnover | 70 | €164,720 | - | -€164,720 | |
| Goods, raw materials, services and sundry goods | 60/61 | €43,748 | €138,100 | +€94,352 | +215.7% |
| Remuneration, social security and pensions | 62 | - | €650 | +€650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44 | €10,800 | +€10,756 | +24602.7% |
| Other operating charges | 640/8 | €815 | €1,109 | +€294 | +36.1% |
| Gross operating margin | 9900 | €120,972 | €95,794 | -€25,178 | -20.8% |
| Operating profit (loss) | 9901 | €120,114 | €83,236 | -€36,878 | -30.7% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €0 | €167 | +€167 | |
| Recurring financial charges | 65 | €0 | €167 | +€167 | |
| Profit (loss) for the period before taxes | 9903 | €120,114 | €83,081 | -€37,033 | -30.8% |
| Income taxes | 67/77 | €35,107 | €26,245 | -€8,861 | -25.2% |
| Profit (loss) for the period | 9904 | €85,007 | €56,835 | -€28,172 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €85,007 | €56,835 | -€28,172 | -33.1% |
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 7 October 2026 via checked.be.