LASFIN: 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.
LASFIN
Largest movements
- Cash +€8,438
up €8,438 (+6.6%), from €128,783 to €137,220
mainly Receivables within one year (+€6,309) and Depreciation (+€4,780)
- Receivables within one year -€6,309
down €6,309 (-16.1%), from €39,120 to €32,811
of which Trade receivables: -€12,554
- Tangible fixed assets +€2,812
up €2,812 (+15.8%), from €17,784 to €20,596
of which Plant, machinery and equipment: +€5,109
- Reserves +€4,622
up €4,622 (+3.0%), from €152,356 to €156,979
of which Distributable reserves: +€4,622
- Other debts +€3,180
up €3,180 (+64.3%), from €4,946 to €8,126
- Gross operating margin -€21,259
down €21,259 (-27.1%), from €78,450 to €57,191
- Taxes -€6,386
down €6,386 (-74.6%), from €8,560 to €2,174
- Staff costs -€3,595
down €3,595 (-7.6%), from €47,584 to €43,989
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 | €186,937 | €192,336 | +€5,399 | +2.9% |
| Fixed assets | 21/28 | €18,034 | €20,846 | +€2,812 | +15.6% |
| Tangible fixed assets | 22/27 | €17,784 | €20,596 | +€2,812 | +15.8% |
| Land and buildings | 22 | €15,750 | €11,977 | -€3,773 | -24.0% |
| Plant, machinery and equipment | 23 | - | €5,109 | +€5,109 | |
| Furniture and vehicles | 24 | €2,034 | €3,509 | +€1,475 | +72.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €168,903 | €171,490 | +€2,587 | +1.5% |
| Amounts receivable within one year | 40/41 | €39,120 | €32,811 | -€6,309 | -16.1% |
| Trade receivables | 40 | €37,348 | €24,794 | -€12,554 | -33.6% |
| Other amounts receivable | 41 | €1,772 | €8,017 | +€6,245 | +352.4% |
| Current investments | 50/53 | €1,000 | €0 | -€1,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €128,783 | €137,220 | +€8,438 | +6.6% |
| Deferred charges and accrued income | 490/1 | €0 | €1,458 | +€1,458 | |
| Total equity and liabilities | 10/49 | €186,937 | €192,336 | +€5,399 | +2.9% |
| Equity | 10/15 | €164,837 | €169,460 | +€4,622 | +2.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €152,356 | €156,979 | +€4,622 | +3.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €138,501 | €143,124 | +€4,622 | +3.3% |
| Profit (loss) carried forward | 14 | -€6,069 | -€6,069 | = | 0.0% |
| Amounts payable | 17/49 | €22,099 | €22,876 | +€777 | +3.5% |
| Amounts payable within one year | 42/48 | €20,153 | €22,495 | +€2,342 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,009 | €4,303 | +€294 | +7.3% |
| Suppliers | 440/4 | €4,009 | €4,303 | +€294 | +7.3% |
| Taxes, remuneration and social security | 45 | €11,198 | €10,066 | -€1,132 | -10.1% |
| Taxes | 450/3 | €2,964 | €2,439 | -€525 | -17.7% |
| Remuneration and social security | 454/9 | €8,234 | €7,627 | -€607 | -7.4% |
| Other amounts payable | 47/48 | €4,946 | €8,126 | +€3,180 | +64.3% |
| Accrued charges and deferred income | 492/3 | €1,946 | €381 | -€1,565 | -80.4% |
| Remuneration, social security and pensions | 62 | €47,584 | €43,989 | -€3,595 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,573 | €4,780 | +€208 | +4.5% |
| Other operating charges | 640/8 | €1,103 | €1,313 | +€210 | +19.0% |
| Gross operating margin | 9900 | €78,450 | €57,191 | -€21,259 | -27.1% |
| Operating profit (loss) | 9901 | €25,191 | €7,109 | -€18,082 | -71.8% |
| Financial income | 75/76B | €98 | €0 | -€98 | -99.7% |
| Recurring financial income | 75 | €98 | €0 | -€98 | -99.7% |
| Financial charges | 65/66B | €217 | €312 | +€95 | +44.0% |
| Recurring financial charges | 65 | €217 | €312 | +€95 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €25,072 | €6,797 | -€18,275 | -72.9% |
| Income taxes | 67/77 | €8,560 | €2,174 | -€6,386 | -74.6% |
| Profit (loss) for the period | 9904 | €16,512 | €4,622 | -€11,890 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,512 | €4,622 | -€11,890 | -72.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.