LASNOPTIC: 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.
LASNOPTIC
Largest movements
- Cash -€239,222
down €239,222 (-88.5%), from €270,436 to €31,214
mainly Other debts (-€144,871) and Debts after one year (-€55,540)
- Receivables within one year +€46,404
up €46,404 (+869%), from €5,339 to €51,742
of which Other amounts receivable: +€46,653
- Tangible fixed assets -€28,992
down €28,992 (-3.3%), from €878,212 to €849,219
of which Land and buildings: -€23,535
- Other debts -€144,871
down €144,871 (-68.7%), from €210,901 to €66,030
- Debts after one year -€55,540
down €55,540 (-6.7%), from €834,625 to €779,084
- Trade debts -€34,357
down €34,357 (-79.9%), from €43,015 to €8,659
- Profit (loss) carried forward +€20,257
up €20,257 (+92.2%), from -€21,981 to -€1,723
- Financial charges -€63,000
down €63,000 (-65.9%), from €95,672 to €32,672
of which Non-recurring financial charges: -€84,525
- Write-downs +€21,028
up €21,028, from -€12,433 to €8,595
- Depreciation +€18,219
up €18,219 (+118%), from €15,427 to €33,646
- Gross operating margin +€12,477
up €12,477 (+14.2%), from €87,754 to €100,230
- Financial income +€1,889
up €1,889 (+267%), from €709 to €2,597
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 | €1,215,695 | €993,677 | -€222,018 | -18.3% |
| Fixed assets | 21/28 | €893,128 | €859,482 | -€33,646 | -3.8% |
| Intangible fixed assets | 21 | €13,057 | €8,404 | -€4,653 | -35.6% |
| Tangible fixed assets | 22/27 | €878,212 | €849,219 | -€28,992 | -3.3% |
| Land and buildings | 22 | €866,795 | €843,260 | -€23,535 | -2.7% |
| Plant, machinery and equipment | 23 | €2,240 | €985 | -€1,256 | -56.0% |
| Furniture and vehicles | 24 | €9,177 | €4,975 | -€4,202 | -45.8% |
| Financial fixed assets | 28 | €1,859 | €1,859 | = | 0.0% |
| Current assets | 29/58 | €322,567 | €134,194 | -€188,373 | -58.4% |
| Stocks and contracts in progress | 3 | €44,829 | €50,970 | +€6,140 | +13.7% |
| Stocks | 30/36 | €44,829 | €50,970 | +€6,140 | +13.7% |
| Amounts receivable within one year | 40/41 | €5,339 | €51,742 | +€46,404 | +869% |
| Trade receivables | 40 | €5,339 | €5,089 | -€249 | -4.7% |
| Other amounts receivable | 41 | - | €46,653 | +€46,653 | |
| Cash at bank and in hand | 54/58 | €270,436 | €31,214 | -€239,222 | -88.5% |
| Deferred charges and accrued income | 490/1 | €1,963 | €268 | -€1,695 | -86.3% |
| Total equity and liabilities | 10/49 | €1,215,695 | €993,677 | -€222,018 | -18.3% |
| Equity | 10/15 | €57,787 | €78,044 | +€20,257 | +35.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,167 | €61,167 | = | 0.0% |
| Distributable reserves | 133 | €61,167 | €61,167 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,981 | -€1,723 | +€20,257 | +92.2% |
| Amounts payable | 17/49 | €1,157,908 | €915,633 | -€242,276 | -20.9% |
| Amounts payable after more than one year | 17 | €834,625 | €779,084 | -€55,540 | -6.7% |
| Financial debts | 170/4 | €834,625 | €779,084 | -€55,540 | -6.7% |
| Amounts payable within one year | 42/48 | €323,284 | €136,548 | -€186,735 | -57.8% |
| Current portion of amounts payable after more than one year | 42 | €55,451 | €55,540 | +€90 | +0.2% |
| Trade debts | 44 | €43,015 | €8,659 | -€34,357 | -79.9% |
| Suppliers | 440/4 | €43,015 | €8,659 | -€34,357 | -79.9% |
| Taxes, remuneration and social security | 45 | €13,917 | €6,319 | -€7,598 | -54.6% |
| Taxes | 450/3 | €11,422 | €5,404 | -€6,018 | -52.7% |
| Remuneration and social security | 454/9 | €2,495 | €915 | -€1,580 | -63.3% |
| Other amounts payable | 47/48 | €210,901 | €66,030 | -€144,871 | -68.7% |
| Non-recurring operating income | 76A | €5,430 | - | -€5,430 | |
| Remuneration, social security and pensions | 62 | €2,845 | €2,751 | -€94 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,427 | €33,646 | +€18,219 | +118% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€12,433 | €8,595 | +€21,028 | |
| Other operating charges | 640/8 | €4,314 | €4,906 | +€592 | +13.7% |
| Non-recurring operating charges | 66A | €4,439 | - | -€4,439 | |
| Gross operating margin | 9900 | €87,754 | €100,230 | +€12,477 | +14.2% |
| Operating profit (loss) | 9901 | €73,161 | €50,332 | -€22,829 | -31.2% |
| Financial income | 75/76B | €709 | €2,597 | +€1,889 | +267% |
| Recurring financial income | 75 | €709 | €2,597 | +€1,889 | +267% |
| Financial charges | 65/66B | €95,672 | €32,672 | -€63,000 | -65.9% |
| Recurring financial charges | 65 | €11,147 | €32,672 | +€21,525 | +193% |
| Non-recurring financial charges | 66B | €84,525 | - | -€84,525 | |
| Profit (loss) for the period before taxes | 9903 | -€21,803 | €20,257 | +€42,060 | |
| Income taxes | 67/77 | €178 | - | -€178 | |
| Profit (loss) for the period | 9904 | -€21,981 | €20,257 | +€42,238 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,981 | €20,257 | +€42,238 |
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 14 October 2026 via checked.be.