Laspartners Multiweld: 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.
Laspartners Multiweld
Largest movements
- Cash +€40,817
up €40,817 (+255.2%), from €15,992 to €56,809
mainly Net result for the year (+€24,288) and Investment in fixed assets (net) (+€22,528)
- Tangible fixed assets -€22,528
no longer reported in 2025 (was €22,528)
- Receivables within one year -€10,911
down €10,911 (-8.7%), from €125,247 to €114,336
of which Trade receivables: -€7,816
- Reserves +€24,288
up €24,288 (+28.1%), from €86,282 to €110,570
of which Distributable reserves: +€24,288
- Trade debts -€17,442
down €17,442 (-75.6%), from €23,068 to €5,626
- Accrued charges and deferred income +€15,069
up €15,069 (+861.1%), from €1,750 to €16,819
- Current portion of long-term debt -€7,441
no longer reported in 2025 (was €7,441)
- Debts after one year -€3,907
no longer reported in 2025 (was €3,907)
- Staff costs -€29,151
down €29,151 (-18.4%), from €158,068 to €128,917
- Taxes +€8,770
up €8,770 (+977.7%), from €897 to €9,667
- Depreciation -€8,711
no longer reported in 2025 (was €8,711)
- Gross operating margin +€8,643
up €8,643 (+5.0%), from €172,478 to €181,121
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 | €164,664 | €171,746 | +€7,082 | +4.3% |
| Fixed assets | 21/28 | €22,793 | €265 | -€22,528 | -98.8% |
| Tangible fixed assets | 22/27 | €22,528 | - | -€22,528 | |
| Leasing and similar rights | 25 | €22,528 | - | -€22,528 | |
| Financial fixed assets | 28 | €265 | €265 | = | 0.0% |
| Current assets | 29/58 | €141,871 | €171,481 | +€29,610 | +20.9% |
| Amounts receivable within one year | 40/41 | €125,247 | €114,336 | -€10,911 | -8.7% |
| Trade receivables | 40 | €115,706 | €107,890 | -€7,816 | -6.8% |
| Other amounts receivable | 41 | €9,541 | €6,446 | -€3,095 | -32.4% |
| Cash at bank and in hand | 54/58 | €15,992 | €56,809 | +€40,817 | +255.2% |
| Deferred charges and accrued income | 490/1 | €632 | €336 | -€296 | -46.8% |
| Total equity and liabilities | 10/49 | €164,664 | €171,746 | +€7,082 | +4.3% |
| Equity | 10/15 | €106,282 | €130,570 | +€24,288 | +22.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €86,282 | €110,570 | +€24,288 | +28.1% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €48,782 | €73,070 | +€24,288 | +49.8% |
| Amounts payable | 17/49 | €58,382 | €41,176 | -€17,206 | -29.5% |
| Amounts payable after more than one year | 17 | €3,907 | - | -€3,907 | |
| Financial debts | 170/4 | €3,907 | - | -€3,907 | |
| Amounts payable within one year | 42/48 | €52,725 | €24,357 | -€28,368 | -53.8% |
| Current portion of amounts payable after more than one year | 42 | €7,441 | - | -€7,441 | |
| Trade debts | 44 | €23,068 | €5,626 | -€17,442 | -75.6% |
| Suppliers | 440/4 | €23,068 | €5,626 | -€17,442 | -75.6% |
| Taxes, remuneration and social security | 45 | €22,216 | €18,731 | -€3,485 | -15.7% |
| Taxes | 450/3 | €2,487 | €11,875 | +€9,388 | +377.5% |
| Remuneration and social security | 454/9 | €19,729 | €6,856 | -€12,873 | -65.2% |
| Accrued charges and deferred income | 492/3 | €1,750 | €16,819 | +€15,069 | +861.1% |
| Remuneration, social security and pensions | 62 | €158,068 | €128,917 | -€29,151 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,711 | - | -€8,711 | |
| Other operating charges | 640/8 | €2,669 | €2,741 | +€72 | +2.7% |
| Non-recurring operating charges | 66A | - | €13,826 | +€13,826 | |
| Gross operating margin | 9900 | €172,478 | €181,121 | +€8,643 | +5.0% |
| Operating profit (loss) | 9901 | €3,030 | €35,637 | +€32,607 | +1076.1% |
| Financial income | 75/76B | - | €267 | +€267 | |
| Recurring financial income | 75 | - | €267 | +€267 | |
| Financial charges | 65/66B | €1,844 | €1,949 | +€105 | +5.7% |
| Recurring financial charges | 65 | €1,844 | €1,949 | +€105 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €1,186 | €33,955 | +€32,769 | +2763.0% |
| Income taxes | 67/77 | €897 | €9,667 | +€8,770 | +977.7% |
| Profit (loss) for the period | 9904 | €289 | €24,288 | +€23,999 | +8304.2% |
| Profit (loss) for the period to be appropriated | 9905 | €289 | €24,288 | +€23,999 | +8304.2% |
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 8 October 2026 via checked.be.