LASPACE: 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.
LASPACE
Largest movements
- Current investments -€58,236
down €58,236 (-51.1%), from €114,041 to €55,804
- Cash +€8,187
up €8,187 (+28.1%), from €29,182 to €37,370
mainly Current investments (+€58,236) and Net result for the year (+€9,997)
- Receivables after one year +€2,775
up €2,775 (+25.4%), from €10,941 to €13,715
- Provisions -€57,258
down €57,258 (-61.6%), from €93,025 to €35,767
- Profit (loss) carried forward +€9,997
up €9,997 (+33.4%), from -€29,918 to -€19,921
- Financial charges -€7,898
down €7,898 (-12.0%), from €65,913 to €58,016
of which Financial charges: -€7,898
- Financial income +€6,315
up €6,315 (+9.3%), from €67,810 to €74,124
of which Financial income: +€6,315
- Taxes +€1,401
up €1,401 (+80.8%), from €1,735 to €3,136
- Other operating charges +€398
up €398 (+337.3%), from €118 to €516
- Gross operating margin -€295
down €295 (-13.6%), from -€2,166 to -€2,460
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 | €154,928 | €107,080 | -€47,848 | -30.9% |
| Current assets | 29/58 | €154,928 | €107,080 | -€47,848 | -30.9% |
| Amounts receivable after more than one year | 29 | €10,941 | €13,715 | +€2,775 | +25.4% |
| Other amounts receivable | 291 | €10,941 | €13,715 | +€2,775 | +25.4% |
| Current investments | 50/53 | €114,041 | €55,804 | -€58,236 | -51.1% |
| Cash at bank and in hand | 54/58 | €29,182 | €37,370 | +€8,187 | +28.1% |
| Deferred charges and accrued income | 490/1 | €765 | €191 | -€574 | -75.1% |
| Total equity and liabilities | 10/49 | €154,928 | €107,080 | -€47,848 | -30.9% |
| Equity | 10/15 | €60,736 | €70,733 | +€9,997 | +16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €84,454 | €84,454 | = | 0.0% |
| Distributable reserves | 133 | €84,454 | €84,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,918 | -€19,921 | +€9,997 | +33.4% |
| Provisions and deferred taxes | 16 | €93,025 | €35,767 | -€57,258 | -61.6% |
| Provisions for liabilities and charges | 160/5 | €93,025 | €35,767 | -€57,258 | -61.6% |
| Environmental obligations | 163 | €93,025 | €35,767 | -€57,258 | -61.6% |
| Amounts payable | 17/49 | €1,166 | €580 | -€587 | -50.3% |
| Amounts payable within one year | 42/48 | €1,078 | €490 | -€588 | -54.6% |
| Trade debts | 44 | - | €125 | +€125 | |
| Suppliers | 440/4 | - | €125 | +€125 | |
| Taxes, remuneration and social security | 45 | €1,078 | €365 | -€713 | -66.1% |
| Taxes | 450/3 | €1,078 | €365 | -€713 | -66.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €88 | €89 | +€2 | +1.9% |
| Other operating charges | 640/8 | €118 | €516 | +€398 | +337.3% |
| Gross operating margin | 9900 | -€2,166 | -€2,460 | -€295 | -13.6% |
| Operating profit (loss) | 9901 | -€2,284 | -€2,976 | -€693 | -30.3% |
| Financial income | 75/76B | €67,810 | €74,124 | +€6,315 | +9.3% |
| Recurring financial income | 75 | €10,552 | €16,866 | +€6,315 | +59.8% |
| Non-recurring financial income | 76B | €57,258 | €57,258 | = | 0.0% |
| Financial charges | 65/66B | €65,913 | €58,016 | -€7,898 | -12.0% |
| Recurring financial charges | 65 | €8,655 | €758 | -€7,898 | -91.2% |
| Non-recurring financial charges | 66B | €57,258 | €57,258 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€387 | €13,132 | +€13,520 | |
| Income taxes | 67/77 | €1,735 | €3,136 | +€1,401 | +80.8% |
| Profit (loss) for the period | 9904 | -€2,122 | €9,997 | +€12,118 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,122 | €9,997 | +€12,118 |
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.