LASCO: 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.
LASCO
Largest movements
- Current investments +€45,912
up €45,912 (+115%), from €40,000 to €85,912
- Receivables within one year -€4,240
down €4,240 (-15.0%), from €28,240 to €24,001
of which Trade receivables: -€5,632
- Tangible fixed assets -€1,532
down €1,532 (-4.7%), from €32,763 to €31,231
of which Furniture and vehicles: -€3,261
- Reserves +€37,588
up €37,588 (+65.2%), from €57,640 to €95,228
- Debts after one year -€6,214
down €6,214 (-33.9%), from €18,310 to €12,095
- Tax, wage and social debts +€4,702
up €4,702 (+21.9%), from €21,453 to €26,155
of which Taxes: +€4,688
- Gross operating margin -€4,030
down €4,030 (-6.4%), from €63,175 to €59,145
- Depreciation +€1,938
up €1,938 (+21.9%), from €8,867 to €10,805
- Taxes -€1,099
down €1,099 (-10.0%), from €10,967 to €9,868
- Financial income +€974
new in 2025: €974
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 | €112,752 | €150,247 | +€37,495 | +33.3% |
| Fixed assets | 21/28 | €32,763 | €31,231 | -€1,532 | -4.7% |
| Tangible fixed assets | 22/27 | €32,763 | €31,231 | -€1,532 | -4.7% |
| Plant, machinery and equipment | 23 | €4,978 | €6,707 | +€1,729 | +34.7% |
| Furniture and vehicles | 24 | €27,785 | €24,524 | -€3,261 | -11.7% |
| Current assets | 29/58 | €79,989 | €119,017 | +€39,027 | +48.8% |
| Amounts receivable within one year | 40/41 | €28,240 | €24,001 | -€4,240 | -15.0% |
| Trade receivables | 40 | €28,232 | €22,600 | -€5,632 | -19.9% |
| Other amounts receivable | 41 | €9 | €1,401 | +€1,392 | +16,225% |
| Current investments | 50/53 | €40,000 | €85,912 | +€45,912 | +115% |
| Cash at bank and in hand | 54/58 | €8,287 | €6,812 | -€1,475 | -17.8% |
| Deferred charges and accrued income | 490/1 | €3,462 | €2,292 | -€1,170 | -33.8% |
| Total equity and liabilities | 10/49 | €112,752 | €150,247 | +€37,495 | +33.3% |
| Equity | 10/15 | €62,640 | €100,228 | +€37,588 | +60.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €57,640 | €95,228 | +€37,588 | +65.2% |
| Distributable reserves | 133 | €57,640 | €95,228 | +€37,588 | +65.2% |
| Amounts payable | 17/49 | €50,113 | €50,020 | -€93 | -0.2% |
| Amounts payable after more than one year | 17 | €18,310 | €12,095 | -€6,214 | -33.9% |
| Financial debts | 170/4 | €18,310 | €12,095 | -€6,214 | -33.9% |
| Amounts payable within one year | 42/48 | €30,843 | €35,845 | +€5,001 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €5,958 | €6,214 | +€256 | +4.3% |
| Trade debts | 44 | €2,395 | €1,704 | -€691 | -28.8% |
| Suppliers | 440/4 | €2,395 | €1,704 | -€691 | -28.8% |
| Taxes, remuneration and social security | 45 | €21,453 | €26,155 | +€4,702 | +21.9% |
| Taxes | 450/3 | €19,835 | €24,522 | +€4,688 | +23.6% |
| Remuneration and social security | 454/9 | €1,619 | €1,633 | +€14 | +0.9% |
| Other amounts payable | 47/48 | €1,037 | €1,771 | +€734 | +70.8% |
| Accrued charges and deferred income | 492/3 | €960 | €2,080 | +€1,120 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,867 | €10,805 | +€1,938 | +21.9% |
| Other operating charges | 640/8 | €245 | €602 | +€357 | +145% |
| Gross operating margin | 9900 | €63,175 | €59,145 | -€4,030 | -6.4% |
| Operating profit (loss) | 9901 | €54,062 | €47,737 | -€6,325 | -11.7% |
| Financial income | 75/76B | - | €974 | +€974 | |
| Recurring financial income | 75 | - | €974 | +€974 | |
| Financial charges | 65/66B | €1,184 | €1,256 | +€72 | +6.1% |
| Recurring financial charges | 65 | €1,184 | €1,256 | +€72 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €52,878 | €47,456 | -€5,422 | -10.3% |
| Income taxes | 67/77 | €10,967 | €9,868 | -€1,099 | -10.0% |
| Profit (loss) for the period | 9904 | €41,911 | €37,588 | -€4,323 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,911 | €37,588 | -€4,323 | -10.3% |
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 16 October 2026 via checked.be.