LaRue: 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.
LaRue
Largest movements
- Tangible fixed assets -€33,386
down €33,386 (-4.7%), from €707,585 to €674,199
of which Land and buildings: -€34,432
- Other debts +€32,783
up €32,783 (+38.0%), from €86,332 to €119,115
- Trade debts -€28,957
down €28,957 (-95.6%), from €30,301 to €1,344
- Debts after one year -€26,735
down €26,735 (-4.5%), from €588,543 to €561,808
- Profit (loss) carried forward -€19,764
down €19,764 (-65.4%), from -€30,218 to -€49,982
- Gross operating margin +€24,179
up €24,179 (+155%), from €15,634 to €39,813
- Depreciation +€7,554
up €7,554 (+27.9%), from €27,051 to €34,605
- Financial charges +€5,742
up €5,742 (+37.3%), from €15,376 to €21,117
- Other operating charges +€430
up €430 (+12.5%), from €3,426 to €3,855
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 | €720,934 | €679,939 | -€40,995 | -5.7% |
| Fixed assets | 21/28 | €707,585 | €674,199 | -€33,386 | -4.7% |
| Tangible fixed assets | 22/27 | €707,585 | €674,199 | -€33,386 | -4.7% |
| Land and buildings | 22 | €706,528 | €672,096 | -€34,432 | -4.9% |
| Plant, machinery and equipment | 23 | €1,057 | €2,103 | +€1,046 | +99.0% |
| Current assets | 29/58 | €13,349 | €5,740 | -€7,609 | -57.0% |
| Cash at bank and in hand | 54/58 | €7,349 | €5,740 | -€1,609 | -21.9% |
| Deferred charges and accrued income | 490/1 | €6,000 | - | -€6,000 | |
| Total equity and liabilities | 10/49 | €720,934 | €679,939 | -€40,995 | -5.7% |
| Equity | 10/15 | -€10,218 | -€29,982 | -€19,764 | -193% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,218 | -€49,982 | -€19,764 | -65.4% |
| Amounts payable | 17/49 | €731,152 | €709,921 | -€21,231 | -2.9% |
| Amounts payable after more than one year | 17 | €588,543 | €561,808 | -€26,735 | -4.5% |
| Financial debts | 170/4 | €588,543 | €561,808 | -€26,735 | -4.5% |
| Amounts payable within one year | 42/48 | €142,609 | €147,258 | +€4,649 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €25,976 | €26,799 | +€823 | +3.2% |
| Trade debts | 44 | €30,301 | €1,344 | -€28,957 | -95.6% |
| Suppliers | 440/4 | €30,301 | €1,344 | -€28,957 | -95.6% |
| Other amounts payable | 47/48 | €86,332 | €119,115 | +€32,783 | +38.0% |
| Accrued charges and deferred income | 492/3 | - | €855 | +€855 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,051 | €34,605 | +€7,554 | +27.9% |
| Other operating charges | 640/8 | €3,426 | €3,855 | +€430 | +12.5% |
| Gross operating margin | 9900 | €15,634 | €39,813 | +€24,179 | +155% |
| Operating profit (loss) | 9901 | -€14,843 | €1,353 | +€16,196 | |
| Financial charges | 65/66B | €15,376 | €21,117 | +€5,742 | +37.3% |
| Recurring financial charges | 65 | €15,376 | €21,117 | +€5,742 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | -€30,218 | -€19,764 | +€10,454 | +34.6% |
| Profit (loss) for the period | 9904 | -€30,218 | -€19,764 | +€10,454 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,218 | -€19,764 | +€10,454 | +34.6% |
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 13 October 2026 via checked.be.