LASWERKEN K: 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.
LASWERKEN K
Largest movements
- Receivables within one year -€20,453
down €20,453 (-19.8%), from €103,176 to €82,723
of which Other amounts receivable: -€30,361
- Tangible fixed assets +€9,674
up €9,674 (+50.2%), from €19,273 to €28,947
of which Plant, machinery and equipment: +€11,685
- Deferred charges and accrued income -€8,686
down €8,686 (-86.6%), from €10,034 to €1,349
- Cash -€8,418
down €8,418 (-26.5%), from €31,706 to €23,288
mainly Other debts (-€55,396) and Investment in fixed assets (net) (-€14,268)
- Stocks and contracts +€3,001
up €3,001 (+401.3%), from €748 to €3,749
- Other debts -€55,396
down €55,396 (-98.0%), from €56,505 to €1,109
- Reserves +€16,260
up €16,260 (+244.3%), from €6,657 to €22,917
- Trade debts +€9,167
up €9,167 (+32.4%), from €28,324 to €37,491
- Tax, wage and social debts +€8,258
up €8,258 (+182.6%), from €4,523 to €12,782
of which Remuneration and social security: +€8,297
- Accrued charges and deferred income -€6,842
down €6,842 (-23.4%), from €29,258 to €22,415
- Gross operating margin +€45,542
up €45,542 (+119.7%), from €38,050 to €83,592
- Staff costs +€34,538
up €34,538 (+223.7%), from €15,439 to €49,978
- Taxes +€2,809
up €2,809 (+55.5%), from €5,058 to €7,867
- Depreciation +€1,231
up €1,231 (+36.6%), from €3,364 to €4,595
- Financial charges -€1,020
down €1,020 (-16.6%), from €6,161 to €5,141
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 | €164,937 | €140,056 | -€24,881 | -15.1% |
| Fixed assets | 21/28 | €19,273 | €28,947 | +€9,674 | +50.2% |
| Tangible fixed assets | 22/27 | €19,273 | €28,947 | +€9,674 | +50.2% |
| Plant, machinery and equipment | 23 | €13,391 | €25,076 | +€11,685 | +87.3% |
| Furniture and vehicles | 24 | €5,882 | €3,871 | -€2,011 | -34.2% |
| Current assets | 29/58 | €145,664 | €111,109 | -€34,555 | -23.7% |
| Stocks and contracts in progress | 3 | €748 | €3,749 | +€3,001 | +401.3% |
| Stocks | 30/36 | €748 | €3,749 | +€3,001 | +401.3% |
| Amounts receivable within one year | 40/41 | €103,176 | €82,723 | -€20,453 | -19.8% |
| Trade receivables | 40 | €7,500 | €17,409 | +€9,908 | +132.1% |
| Other amounts receivable | 41 | €95,675 | €65,314 | -€30,361 | -31.7% |
| Cash at bank and in hand | 54/58 | €31,706 | €23,288 | -€8,418 | -26.5% |
| Deferred charges and accrued income | 490/1 | €10,034 | €1,349 | -€8,686 | -86.6% |
| Total equity and liabilities | 10/49 | €164,937 | €140,056 | -€24,881 | -15.1% |
| Equity | 10/15 | €16,657 | €32,917 | +€16,260 | +97.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €6,657 | €22,917 | +€16,260 | +244.3% |
| Distributable reserves | 133 | €6,657 | €22,917 | +€16,260 | +244.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €148,280 | €107,139 | -€41,141 | -27.7% |
| Amounts payable after more than one year | 17 | €11,493 | €13,591 | +€2,098 | +18.3% |
| Financial debts | 170/4 | €11,493 | €13,591 | +€2,098 | +18.3% |
| Amounts payable within one year | 42/48 | €107,529 | €71,132 | -€36,397 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €7,123 | €8,262 | +€1,139 | +16.0% |
| Financial debts | 43 | €11,053 | €11,489 | +€435 | +3.9% |
| Credit institutions | 430/8 | €11,053 | €11,489 | +€435 | +3.9% |
| Trade debts | 44 | €28,324 | €37,491 | +€9,167 | +32.4% |
| Suppliers | 440/4 | €28,324 | €37,491 | +€9,167 | +32.4% |
| Taxes, remuneration and social security | 45 | €4,523 | €12,782 | +€8,258 | +182.6% |
| Taxes | 450/3 | €1,322 | €1,283 | -€39 | -2.9% |
| Remuneration and social security | 454/9 | €3,202 | €11,499 | +€8,297 | +259.1% |
| Other amounts payable | 47/48 | €56,505 | €1,109 | -€55,396 | -98.0% |
| Accrued charges and deferred income | 492/3 | €29,258 | €22,415 | -€6,842 | -23.4% |
| Non-recurring operating income | 76A | €1,406 | €0 | -€1,406 | -100.0% |
| Remuneration, social security and pensions | 62 | €15,439 | €49,978 | +€34,538 | +223.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,364 | €4,595 | +€1,231 | +36.6% |
| Other operating charges | 640/8 | €2,278 | €1,462 | -€816 | -35.8% |
| Gross operating margin | 9900 | €38,050 | €83,592 | +€45,542 | +119.7% |
| Operating profit (loss) | 9901 | €16,969 | €27,558 | +€10,589 | +62.4% |
| Financial income | 75/76B | €908 | €1,710 | +€803 | +88.4% |
| Recurring financial income | 75 | €908 | €1,710 | +€803 | +88.4% |
| Financial charges | 65/66B | €6,161 | €5,141 | -€1,020 | -16.6% |
| Recurring financial charges | 65 | €6,161 | €5,141 | -€1,020 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €11,715 | €24,127 | +€12,412 | +105.9% |
| Income taxes | 67/77 | €5,058 | €7,867 | +€2,809 | +55.5% |
| Profit (loss) for the period | 9904 | €6,657 | €16,260 | +€9,603 | +144.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,657 | €16,260 | +€9,603 | +144.3% |
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 12 October 2026 via checked.be.