LASDA: 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.
LASDA
Largest movements
- Tangible fixed assets +€104,278
up €104,278 (+1397.2%), from €7,463 to €111,741
of which Furniture and vehicles: +€104,420
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Reserves +€46,700
up €46,700 (+20.0%), from €233,562 to €280,262
- Trade debts +€4,418
up €4,418 (+168.6%), from €2,621 to €7,039
- Depreciation +€11,844
up €11,844 (+201.1%), from €5,890 to €17,735
- Gross operating margin +€11,321
up €11,321 (+14.9%), from €76,165 to €87,486
- Financial income +€877
up €877 (+35.8%), from €2,449 to €3,327
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 | €280,247 | €333,565 | +€53,318 | +19.0% |
| Fixed assets | 21/28 | €7,463 | €111,741 | +€104,278 | +1397.2% |
| Tangible fixed assets | 22/27 | €7,463 | €111,741 | +€104,278 | +1397.2% |
| Furniture and vehicles | 24 | €6,283 | €110,703 | +€104,420 | +1661.8% |
| Other tangible fixed assets | 26 | €1,180 | €1,038 | -€142 | -12.0% |
| Current assets | 29/58 | €272,784 | €221,824 | -€50,960 | -18.7% |
| Stocks and contracts in progress | 3 | €1,348 | €1,124 | -€225 | -16.7% |
| Stocks | 30/36 | €1,348 | €1,124 | -€225 | -16.7% |
| Amounts receivable within one year | 40/41 | €8,653 | €6,995 | -€1,658 | -19.2% |
| Trade receivables | 40 | €2,460 | €5,585 | +€3,125 | +127.0% |
| Other amounts receivable | 41 | €6,192 | €1,410 | -€4,783 | -77.2% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €210,995 | €212,268 | +€1,273 | +0.6% |
| Deferred charges and accrued income | 490/1 | €1,788 | €1,438 | -€350 | -19.6% |
| Total equity and liabilities | 10/49 | €280,247 | €333,565 | +€53,318 | +19.0% |
| Equity | 10/15 | €252,162 | €298,862 | +€46,700 | +18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €233,562 | €280,262 | +€46,700 | +20.0% |
| Distributable reserves | 133 | €233,562 | €280,262 | +€46,700 | +20.0% |
| Amounts payable | 17/49 | €28,086 | €34,704 | +€6,618 | +23.6% |
| Amounts payable within one year | 42/48 | €26,171 | €33,055 | +€6,884 | +26.3% |
| Trade debts | 44 | €2,621 | €7,039 | +€4,418 | +168.6% |
| Suppliers | 440/4 | €2,621 | €7,039 | +€4,418 | +168.6% |
| Taxes, remuneration and social security | 45 | €0 | €2,136 | +€2,136 | |
| Taxes | 450/3 | €0 | €2,136 | +€2,136 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €23,550 | €23,880 | +€330 | +1.4% |
| Accrued charges and deferred income | 492/3 | €1,915 | €1,648 | -€266 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,890 | €17,735 | +€11,844 | +201.1% |
| Other operating charges | 640/8 | €1,393 | €1,505 | +€112 | +8.1% |
| Gross operating margin | 9900 | €76,165 | €87,486 | +€11,321 | +14.9% |
| Operating profit (loss) | 9901 | €68,882 | €68,246 | -€636 | -0.9% |
| Financial income | 75/76B | €2,449 | €3,327 | +€877 | +35.8% |
| Recurring financial income | 75 | €2,449 | €3,327 | +€877 | +35.8% |
| Financial charges | 65/66B | €2,060 | €1,828 | -€232 | -11.2% |
| Recurring financial charges | 65 | €2,060 | €1,828 | -€232 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €69,271 | €69,745 | +€473 | +0.7% |
| Income taxes | 67/77 | €23,126 | €23,045 | -€81 | -0.3% |
| Profit (loss) for the period | 9904 | €46,146 | €46,700 | +€554 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,146 | €46,700 | +€554 | +1.2% |
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 6 October 2026 via checked.be.