LASIM: 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.
LASIM
Largest movements
- Cash -€807
down €807 (-3.4%), from €23,681 to €22,875
mainly Net result for the year (-€928) and Tax, wage and social debts (-€546)
- Tangible fixed assets -€297
down €297 (-28.8%), from €1,032 to €735
- Reserves -€928
down €928 (-5.7%), from €16,366 to €15,438
- Tax, wage and social debts -€546
no longer reported in 2025 (was €546)
- Gross operating margin -€4,441
down €4,441, from €4,272 to -€169
- Financial charges -€3,264
down €3,264 (-90.7%), from €3,598 to €334
- Other operating charges -€592
down €592 (-82.3%), from €720 to €128
- Taxes -€361
no longer reported in 2025 (was €361)
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 | €25,063 | €23,712 | -€1,351 | -5.4% |
| Fixed assets | 21/28 | €1,032 | €735 | -€297 | -28.8% |
| Tangible fixed assets | 22/27 | €1,032 | €735 | -€297 | -28.8% |
| Furniture and vehicles | 24 | €1,032 | €735 | -€297 | -28.8% |
| Current assets | 29/58 | €24,031 | €22,977 | -€1,054 | -4.4% |
| Amounts receivable within one year | 40/41 | €105 | €102 | -€3 | -2.6% |
| Trade receivables | 40 | €25 | €99 | +€74 | +298.3% |
| Other amounts receivable | 41 | €80 | €3 | -€77 | -96.5% |
| Cash at bank and in hand | 54/58 | €23,681 | €22,875 | -€807 | -3.4% |
| Deferred charges and accrued income | 490/1 | €244 | - | -€244 | |
| Total equity and liabilities | 10/49 | €25,063 | €23,712 | -€1,351 | -5.4% |
| Equity | 10/15 | €21,366 | €20,438 | -€928 | -4.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,366 | €15,438 | -€928 | -5.7% |
| Distributable reserves | 133 | €16,366 | €15,438 | -€928 | -5.7% |
| Amounts payable | 17/49 | €3,697 | €3,273 | -€423 | -11.5% |
| Amounts payable within one year | 42/48 | €3,407 | €3,064 | -€343 | -10.1% |
| Taxes, remuneration and social security | 45 | €546 | - | -€546 | |
| Taxes | 450/3 | €546 | - | -€546 | |
| Other amounts payable | 47/48 | €2,861 | €3,064 | +€203 | +7.1% |
| Accrued charges and deferred income | 492/3 | €289 | €209 | -€80 | -27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €297 | €297 | = | 0.0% |
| Other operating charges | 640/8 | €720 | €128 | -€592 | -82.3% |
| Gross operating margin | 9900 | €4,272 | -€169 | -€4,441 | |
| Operating profit (loss) | 9901 | €3,254 | -€594 | -€3,849 | |
| Financial charges | 65/66B | €3,598 | €334 | -€3,264 | -90.7% |
| Recurring financial charges | 65 | €3,598 | €334 | -€3,264 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | -€343 | -€928 | -€585 | -170.5% |
| Income taxes | 67/77 | €361 | - | -€361 | |
| Profit (loss) for the period | 9904 | -€704 | -€928 | -€224 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€704 | -€928 | -€224 | -31.7% |
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 2 October 2026 via checked.be.