LASSO BRIDGE: 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.
LASSO BRIDGE
Largest movements
- Cash +€13,976
up €13,976 (+25.7%), from €54,375 to €68,351
mainly Depreciation (+€9,387) and Trade debts (+€5,147)
- Tangible fixed assets -€9,387
down €9,387 (-3.7%), from €255,525 to €246,138
of which Land and buildings: -€8,947
- Trade debts +€5,147
up €5,147 (+231.7%), from €2,222 to €7,369
of which Suppliers: +€7,042
- Turnover -€6,871
down €6,871 (-18.4%), from €37,323 to €30,452
- Gross operating margin -€3,524
down €3,524 (-22.0%), from €16,040 to €12,516
- Purchases and services -€3,347
down €3,347 (-15.7%), from €21,283 to €17,936
- Taxes -€1,299
down €1,299 (-87.4%), from €1,487 to €188
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 | €312,841 | €317,709 | +€4,868 | +1.6% |
| Fixed assets | 21/28 | €255,525 | €246,138 | -€9,387 | -3.7% |
| Tangible fixed assets | 22/27 | €255,525 | €246,138 | -€9,387 | -3.7% |
| Land and buildings | 22 | €254,980 | €246,033 | -€8,947 | -3.5% |
| Plant, machinery and equipment | 23 | €545 | €105 | -€440 | -80.7% |
| Current assets | 29/58 | €57,316 | €71,571 | +€14,255 | +24.9% |
| Amounts receivable within one year | 40/41 | €2,941 | €3,220 | +€279 | +9.5% |
| Trade receivables | 40 | €663 | €541 | -€122 | -18.3% |
| Other amounts receivable | 41 | €2,278 | €2,678 | +€400 | +17.6% |
| Cash at bank and in hand | 54/58 | €54,375 | €68,351 | +€13,976 | +25.7% |
| Total equity and liabilities | 10/49 | €312,841 | €317,709 | +€4,868 | +1.6% |
| Equity | 10/15 | €306,708 | €307,833 | +€1,125 | +0.4% |
| Contributions | 10/11 | €181,092 | €181,092 | +€0 | 0.0% |
| Reserves | 13 | €101,287 | €102,287 | +€1,000 | +1.0% |
| Non-distributable reserves | 130/1 | €18,109 | €18,109 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €18,109 | €18,109 | +€0 | 0.0% |
| Distributable reserves | 133 | €83,178 | €84,178 | +€1,000 | +1.2% |
| Profit (loss) carried forward | 14 | €24,329 | €24,454 | +€125 | +0.5% |
| Amounts payable | 17/49 | €6,133 | €9,876 | +€3,743 | +61.0% |
| Amounts payable within one year | 42/48 | €6,133 | €9,876 | +€3,743 | +61.0% |
| Current portion of amounts payable after more than one year | 42 | €11 | €0 | -€11 | -100.0% |
| Trade debts | 44 | €2,222 | €7,369 | +€5,147 | +231.7% |
| Suppliers | 440/4 | €327 | €7,369 | +€7,042 | +2153.6% |
| Bills of exchange payable | 441 | €1,895 | - | -€1,895 | |
| Taxes, remuneration and social security | 45 | €818 | €600 | -€218 | -26.7% |
| Taxes | 450/3 | €818 | €600 | -€218 | -26.7% |
| Other amounts payable | 47/48 | €3,082 | €1,907 | -€1,175 | -38.1% |
| Turnover | 70 | €37,323 | €30,452 | -€6,871 | -18.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,283 | €17,936 | -€3,347 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,387 | €9,387 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,446 | €1,776 | +€330 | +22.8% |
| Gross operating margin | 9900 | €16,040 | €12,516 | -€3,524 | -22.0% |
| Operating profit (loss) | 9901 | €5,207 | €1,353 | -€3,854 | -74.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €40 | -€14 | -26.0% |
| Recurring financial charges | 65 | €54 | €39 | -€15 | -27.7% |
| Non-recurring financial charges | 66B | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | €5,153 | €1,313 | -€3,840 | -74.5% |
| Income taxes | 67/77 | €1,487 | €188 | -€1,299 | -87.4% |
| Profit (loss) for the period | 9904 | €3,666 | €1,125 | -€2,541 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,666 | €1,125 | -€2,541 | -69.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.