LASCHET TAETER: 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.
LASCHET TAETER
Largest movements
- Stocks and contracts -€62,000
down €62,000 (-55.6%), from €111,500 to €49,500
- Tangible fixed assets -€28,590
down €28,590 (-15.4%), from €185,553 to €156,963
of which Furniture and vehicles: -€28,015
- Receivables within one year +€10,933
up €10,933 (+169%), from €6,472 to €17,405
of which Trade receivables: +€9,886
- Advances received -€60,500
down €60,500 (-85.8%), from €70,500 to €10,000
- Debts after one year -€32,727
down €32,727 (-23.4%), from €140,002 to €107,275
- Reserves +€9,255
up €9,255 (+34.9%), from €26,525 to €35,780
- Current portion of long-term debt +€6,846
up €6,846 (+13.1%), from €52,445 to €59,290
- Trade debts -€4,545
down €4,545 (-33.5%), from €13,547 to €9,002
- Staff costs -€5,636
no longer reported in 2025 (was €5,636)
- Gross operating margin +€4,937
up €4,937 (+7.2%), from €68,282 to €73,219
- Taxes +€2,794
up €2,794 (+413%), from €676 to €3,470
- Depreciation +€1,940
up €1,940 (+3.8%), from €50,575 to €52,515
- Financial charges -€1,700
down €1,700 (-17.8%), from €9,551 to €7,851
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 | €310,449 | €230,712 | -€79,737 | -25.7% |
| Fixed assets | 21/28 | €185,553 | €156,963 | -€28,590 | -15.4% |
| Tangible fixed assets | 22/27 | €185,553 | €156,963 | -€28,590 | -15.4% |
| Plant, machinery and equipment | 23 | €2,265 | €1,691 | -€575 | -25.4% |
| Furniture and vehicles | 24 | €183,288 | €155,272 | -€28,015 | -15.3% |
| Current assets | 29/58 | €124,896 | €73,748 | -€51,147 | -41.0% |
| Stocks and contracts in progress | 3 | €111,500 | €49,500 | -€62,000 | -55.6% |
| Stocks | 30/36 | €111,500 | €49,500 | -€62,000 | -55.6% |
| Amounts receivable within one year | 40/41 | €6,472 | €17,405 | +€10,933 | +169% |
| Trade receivables | 40 | €5,991 | €15,877 | +€9,886 | +165% |
| Other amounts receivable | 41 | €481 | €1,528 | +€1,047 | +218% |
| Cash at bank and in hand | 54/58 | €6,256 | €6,549 | +€293 | +4.7% |
| Deferred charges and accrued income | 490/1 | €668 | €295 | -€373 | -55.8% |
| Total equity and liabilities | 10/49 | €310,449 | €230,712 | -€79,737 | -25.7% |
| Equity | 10/15 | €31,525 | €40,780 | +€9,255 | +29.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,525 | €35,780 | +€9,255 | +34.9% |
| Distributable reserves | 133 | €26,525 | €35,780 | +€9,255 | +34.9% |
| Amounts payable | 17/49 | €278,924 | €189,932 | -€88,992 | -31.9% |
| Amounts payable after more than one year | 17 | €140,002 | €107,275 | -€32,727 | -23.4% |
| Financial debts | 170/4 | €140,002 | €107,275 | -€32,727 | -23.4% |
| Amounts payable within one year | 42/48 | €138,231 | €82,139 | -€56,091 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €52,445 | €59,290 | +€6,846 | +13.1% |
| Trade debts | 44 | €13,547 | €9,002 | -€4,545 | -33.5% |
| Suppliers | 440/4 | €13,547 | €9,002 | -€4,545 | -33.5% |
| Advances received on contracts in progress | 46 | €70,500 | €10,000 | -€60,500 | -85.8% |
| Taxes, remuneration and social security | 45 | €1,739 | €3,846 | +€2,108 | +121% |
| Taxes | 450/3 | €676 | €3,470 | +€2,794 | +413% |
| Remuneration and social security | 454/9 | €1,062 | €376 | -€687 | -64.6% |
| Accrued charges and deferred income | 492/3 | €691 | €518 | -€174 | -25.1% |
| Remuneration, social security and pensions | 62 | €5,636 | - | -€5,636 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,575 | €52,515 | +€1,940 | +3.8% |
| Other operating charges | 640/8 | €41 | €128 | +€87 | +215% |
| Gross operating margin | 9900 | €68,282 | €73,219 | +€4,937 | +7.2% |
| Operating profit (loss) | 9901 | €12,031 | €20,576 | +€8,546 | +71.0% |
| Financial charges | 65/66B | €9,551 | €7,851 | -€1,700 | -17.8% |
| Recurring financial charges | 65 | €9,551 | €7,851 | -€1,700 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €2,479 | €12,725 | +€10,246 | +413% |
| Income taxes | 67/77 | €676 | €3,470 | +€2,794 | +413% |
| Profit (loss) for the period | 9904 | €1,803 | €9,255 | +€7,452 | +413% |
| Profit (loss) for the period to be appropriated | 9905 | €1,803 | €9,255 | +€7,452 | +413% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.