LASLO: 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.
LASLO
Largest movements
- Tangible fixed assets -€88,707
down €88,707 (-5.1%), from €1.7m to €1.6m
of which Land and buildings: -€87,998
- Receivables within one year +€72,386
up €72,386 (+10,080%), from €718 to €73,104
of which Other amounts receivable: +€50,978
- Cash -€23,522
down €23,522 (-97.0%), from €24,256 to €735
mainly Trade debts (-€306,932) and Debts after one year (-€95,527)
- Trade debts -€306,932
down €306,932 (-97.9%), from €313,539 to €6,607
- Other debts +€247,580
up €247,580 (+95.4%), from €259,502 to €507,082
- Debts after one year -€95,527
down €95,527 (-11.7%), from €814,972 to €719,445
- Profit (loss) carried forward +€84,103
up €84,103 (+292%), from €28,845 to €112,947
- Tax, wage and social debts +€18,311
up €18,311 (+29.9%), from €61,141 to €79,452
- Gross operating margin +€15,630
up €15,630 (+5.9%), from €264,657 to €280,288
- Depreciation +€14,144
up €14,144 (+12.2%), from €116,015 to €130,159
- Taxes -€9,104
down €9,104 (-22.6%), from €40,250 to €31,146
- Financial charges +€4,062
up €4,062 (+17.5%), from €23,175 to €27,237
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,768,442 | €1,728,655 | -€39,786 | -2.2% |
| Fixed assets | 21/28 | €1,732,068 | €1,643,361 | -€88,707 | -5.1% |
| Tangible fixed assets | 22/27 | €1,731,568 | €1,642,861 | -€88,707 | -5.1% |
| Land and buildings | 22 | €1,728,638 | €1,640,640 | -€87,998 | -5.1% |
| Furniture and vehicles | 24 | €2,930 | €2,221 | -€709 | -24.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €36,373 | €85,294 | +€48,921 | +134% |
| Amounts receivable within one year | 40/41 | €718 | €73,104 | +€72,386 | +10,080% |
| Trade receivables | 40 | €718 | €22,126 | +€21,408 | +2,981% |
| Other amounts receivable | 41 | - | €50,978 | +€50,978 | |
| Current investments | 50/53 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,256 | €735 | -€23,522 | -97.0% |
| Deferred charges and accrued income | 490/1 | €1,399 | €1,455 | +€56 | +4.0% |
| Total equity and liabilities | 10/49 | €1,768,442 | €1,728,655 | -€39,786 | -2.2% |
| Equity | 10/15 | €221,711 | €305,814 | +€84,103 | +37.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €92,866 | €92,866 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,700 | €2,700 | = | 0.0% |
| Distributable reserves | 133 | €90,166 | €90,166 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,845 | €112,947 | +€84,103 | +292% |
| Amounts payable | 17/49 | €1,546,731 | €1,422,842 | -€123,889 | -8.0% |
| Amounts payable after more than one year | 17 | €814,972 | €719,445 | -€95,527 | -11.7% |
| Financial debts | 170/4 | €814,972 | €719,445 | -€95,527 | -11.7% |
| Amounts payable within one year | 42/48 | €731,759 | €703,064 | -€28,695 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €93,510 | €109,923 | +€16,413 | +17.6% |
| Financial debts | 43 | €4,067 | - | -€4,067 | |
| Credit institutions | 430/8 | €4,067 | - | -€4,067 | |
| Trade debts | 44 | €313,539 | €6,607 | -€306,932 | -97.9% |
| Suppliers | 440/4 | €313,539 | €6,607 | -€306,932 | -97.9% |
| Taxes, remuneration and social security | 45 | €61,141 | €79,452 | +€18,311 | +29.9% |
| Taxes | 450/3 | €61,141 | €79,452 | +€18,311 | +29.9% |
| Other amounts payable | 47/48 | €259,502 | €507,082 | +€247,580 | +95.4% |
| Accrued charges and deferred income | 492/3 | - | €333 | +€333 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,015 | €130,159 | +€14,144 | +12.2% |
| Other operating charges | 640/8 | €7,599 | €7,932 | +€333 | +4.4% |
| Gross operating margin | 9900 | €264,657 | €280,288 | +€15,630 | +5.9% |
| Operating profit (loss) | 9901 | €141,043 | €142,197 | +€1,154 | +0.8% |
| Financial income | 75/76B | €209 | €290 | +€80 | +38.4% |
| Recurring financial income | 75 | €209 | €290 | +€80 | +38.4% |
| Financial charges | 65/66B | €23,175 | €27,237 | +€4,062 | +17.5% |
| Recurring financial charges | 65 | €23,175 | €27,237 | +€4,062 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €118,077 | €115,249 | -€2,828 | -2.4% |
| Income taxes | 67/77 | €40,250 | €31,146 | -€9,104 | -22.6% |
| Profit (loss) for the period | 9904 | €77,826 | €84,103 | +€6,276 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,826 | €84,103 | +€6,276 | +8.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.