LASC Management: 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.
LASC Management
Largest movements
- Cash -€21,502
down €21,502 (-77.2%), from €27,851 to €6,349
mainly Net result for the year (-€31,570) and Debts after one year (-€11,828)
- Tangible fixed assets -€11,035
down €11,035 (-19.7%), from €56,082 to €45,047
of which Furniture and vehicles: -€11,035
- Receivables within one year -€8,364
down €8,364 (-40.8%), from €20,517 to €12,152
of which Trade receivables: -€8,492
- Profit (loss) carried forward -€31,570
down €31,570 (-78.4%), from €40,267 to €8,697
- Debts after one year -€11,828
down €11,828 (-29.1%), from €40,627 to €28,798
- Trade debts +€7,287
up €7,287 (+210%), from €3,463 to €10,750
- Tax, wage and social debts -€5,129
down €5,129 (-100%), from €5,129 to €0
- Gross operating margin -€29,628
down €29,628, from €24,961 to -€4,667
- Write-downs +€8,368
new in 2025: €8,368
- Depreciation +€3,302
up €3,302 (+30.7%), from €10,771 to €14,073
- Other operating charges -€1,685
down €1,685 (-46.4%), from €3,633 to €1,947
- Taxes -€1,649
down €1,649 (-89.0%), from €1,852 to €204
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 | €104,964 | €64,307 | -€40,657 | -38.7% |
| Fixed assets | 21/28 | €56,082 | €45,047 | -€11,035 | -19.7% |
| Tangible fixed assets | 22/27 | €56,082 | €45,047 | -€11,035 | -19.7% |
| Furniture and vehicles | 24 | €56,082 | €45,047 | -€11,035 | -19.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €48,882 | €19,260 | -€29,623 | -60.6% |
| Amounts receivable within one year | 40/41 | €20,517 | €12,152 | -€8,364 | -40.8% |
| Trade receivables | 40 | €20,506 | €12,014 | -€8,492 | -41.4% |
| Other amounts receivable | 41 | €11 | €139 | +€128 | +1,219% |
| Cash at bank and in hand | 54/58 | €27,851 | €6,349 | -€21,502 | -77.2% |
| Deferred charges and accrued income | 490/1 | €514 | €758 | +€244 | +47.5% |
| Total equity and liabilities | 10/49 | €104,964 | €64,307 | -€40,657 | -38.7% |
| Equity | 10/15 | €43,267 | €11,697 | -€31,570 | -73.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,267 | €8,697 | -€31,570 | -78.4% |
| Amounts payable | 17/49 | €61,697 | €52,610 | -€9,088 | -14.7% |
| Amounts payable after more than one year | 17 | €40,627 | €28,798 | -€11,828 | -29.1% |
| Financial debts | 170/4 | €40,627 | €28,798 | -€11,828 | -29.1% |
| Amounts payable within one year | 42/48 | €19,862 | €22,579 | +€2,716 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €11,271 | €11,828 | +€558 | +4.9% |
| Trade debts | 44 | €3,463 | €10,750 | +€7,287 | +210% |
| Suppliers | 440/4 | €3,463 | €10,750 | +€7,287 | +210% |
| Taxes, remuneration and social security | 45 | €5,129 | €0 | -€5,129 | -100% |
| Taxes | 450/3 | €5,129 | €0 | -€5,129 | -100% |
| Accrued charges and deferred income | 492/3 | €1,208 | €1,233 | +€25 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,771 | €14,073 | +€3,302 | +30.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,368 | +€8,368 | |
| Other operating charges | 640/8 | €3,633 | €1,947 | -€1,685 | -46.4% |
| Gross operating margin | 9900 | €24,961 | -€4,667 | -€29,628 | |
| Operating profit (loss) | 9901 | €10,558 | -€29,055 | -€39,613 | |
| Financial charges | 65/66B | €2,157 | €2,311 | +€154 | +7.1% |
| Recurring financial charges | 65 | €2,157 | €2,311 | +€154 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €8,401 | -€31,366 | -€39,767 | |
| Income taxes | 67/77 | €1,852 | €204 | -€1,649 | -89.0% |
| Profit (loss) for the period | 9904 | €6,549 | -€31,570 | -€38,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,549 | -€31,570 | -€38,119 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.