LASTDA: 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.
LASTDA
Largest movements
- Cash -€32,486
down €32,486 (-54.2%), from €59,976 to €27,490
mainly Contributions, distributions and other (-€61,268) and Debts after one year (-€8,752)
- Tangible fixed assets -€18,940
down €18,940 (-12.1%), from €156,538 to €137,597
of which Furniture and vehicles: -€12,290
- Receivables within one year -€8,765
down €8,765 (-37.0%), from €23,689 to €14,924
of which Trade receivables: -€7,524
- Reserves -€61,268
down €61,268 (-69.2%), from €88,600 to €27,332
of which Distributable reserves: -€61,268
- Other debts +€13,018
up €13,018 (+24.6%), from €52,872 to €65,889
- Debts after one year -€8,752
down €8,752 (-12.8%), from €68,547 to €59,795
- Profit (loss) carried forward -€3,724
new in 2025: -€3,724
- Gross operating margin -€20,233
down €20,233 (-44.7%), from €45,261 to €25,029
- Taxes -€4,587
no longer reported in 2025 (was €4,587)
- Financial charges -€765
down €765 (-21.5%), from €3,557 to €2,792
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 | €240,392 | €180,297 | -€60,095 | -25.0% |
| Fixed assets | 21/28 | €156,578 | €137,637 | -€18,940 | -12.1% |
| Tangible fixed assets | 22/27 | €156,538 | €137,597 | -€18,940 | -12.1% |
| Land and buildings | 22 | €102,051 | €97,614 | -€4,437 | -4.3% |
| Plant, machinery and equipment | 23 | €7,936 | €8,360 | +€423 | +5.3% |
| Furniture and vehicles | 24 | €22,176 | €9,885 | -€12,290 | -55.4% |
| Other tangible fixed assets | 26 | €24,375 | €21,738 | -€2,636 | -10.8% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €83,814 | €42,660 | -€41,154 | -49.1% |
| Stocks and contracts in progress | 3 | €149 | €246 | +€97 | +65.1% |
| Stocks | 30/36 | €149 | €246 | +€97 | +65.1% |
| Amounts receivable within one year | 40/41 | €23,689 | €14,924 | -€8,765 | -37.0% |
| Trade receivables | 40 | €16,276 | €8,752 | -€7,524 | -46.2% |
| Other amounts receivable | 41 | €7,413 | €6,172 | -€1,241 | -16.7% |
| Cash at bank and in hand | 54/58 | €59,976 | €27,490 | -€32,486 | -54.2% |
| Total equity and liabilities | 10/49 | €240,392 | €180,297 | -€60,095 | -25.0% |
| Equity | 10/15 | €101,100 | €36,108 | -€64,991 | -64.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €88,600 | €27,332 | -€61,268 | -69.2% |
| Tax-exempt reserves | 132 | €9,929 | €9,929 | = | 0.0% |
| Distributable reserves | 133 | €78,670 | €17,402 | -€61,268 | -77.9% |
| Profit (loss) carried forward | 14 | - | -€3,724 | -€3,724 | |
| Amounts payable | 17/49 | €139,292 | €144,189 | +€4,897 | +3.5% |
| Amounts payable after more than one year | 17 | €68,547 | €59,795 | -€8,752 | -12.8% |
| Financial debts | 170/4 | €68,547 | €59,795 | -€8,752 | -12.8% |
| Amounts payable within one year | 42/48 | €69,060 | €83,314 | +€14,255 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €8,574 | €8,752 | +€178 | +2.1% |
| Trade debts | 44 | €5,815 | €4,609 | -€1,206 | -20.7% |
| Suppliers | 440/4 | €5,815 | €4,609 | -€1,206 | -20.7% |
| Taxes, remuneration and social security | 45 | €1,799 | €4,064 | +€2,265 | +126% |
| Taxes | 450/3 | €1,799 | - | -€1,799 | |
| Remuneration and social security | 454/9 | - | €4,064 | +€4,064 | |
| Other amounts payable | 47/48 | €52,872 | €65,889 | +€13,018 | +24.6% |
| Accrued charges and deferred income | 492/3 | €1,686 | €1,080 | -€606 | -36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,373 | €24,745 | +€372 | +1.5% |
| Other operating charges | 640/8 | €1,650 | €1,409 | -€242 | -14.6% |
| Gross operating margin | 9900 | €45,261 | €25,029 | -€20,233 | -44.7% |
| Operating profit (loss) | 9901 | €19,237 | -€1,126 | -€20,363 | |
| Financial income | 75/76B | €167 | €194 | +€27 | +16.4% |
| Recurring financial income | 75 | €167 | €194 | +€27 | +16.4% |
| Financial charges | 65/66B | €3,557 | €2,792 | -€765 | -21.5% |
| Recurring financial charges | 65 | €3,557 | €2,792 | -€765 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €15,847 | -€3,724 | -€19,570 | |
| Income taxes | 67/77 | €4,587 | - | -€4,587 | |
| Profit (loss) for the period | 9904 | €11,260 | -€3,724 | -€14,983 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,260 | -€3,724 | -€14,983 |
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 19 October 2026 via checked.be.