LAUSHA: 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.
LAUSHA
Largest movements
- Receivables within one year -€1.8m
down €1.8m (-36.3%), from €4.9m to €3.1m
of which Other amounts receivable: -€1.8m
- Deferred charges and accrued income -€328,256
down €328,256 (-15.8%), from €2.1m to €1.7m
- Financial fixed assets -€287,772
down €287,772 (-14.8%), from €1.9m to €1.7m
- Tangible fixed assets +€240,793
up €240,793 (+37.5%), from €642,428 to €883,220
of which Leasing and similar rights: +€231,955
- Accrued charges and deferred income -€2.5m
down €2.5m (-72.1%), from €3.5m to €968,874
- Short-term financial debts -€347,563
down €347,563 (-19.9%), from €1.7m to €1.4m
- Other debts +€255,637
up €255,637 (+6.9%), from €3.7m to €3.9m
- Debts after one year +€189,343
new in 2024: €189,343
- Profit (loss) carried forward +€131,460
up €131,460 (+44.8%), from -€293,611 to -€162,151
- Financial charges -€663,321
down €663,321 (-73.9%), from €897,179 to €233,859
of which Financial charges: -€784,904
- Gross operating margin +€271,031
up €271,031 (+195.8%), from €138,394 to €409,425
- Financial income +€170,265
up €170,265 (+2555.3%), from €6,663 to €176,928
- Depreciation +€69,311
up €69,311 (+225.0%), from €30,808 to €100,119
- Other operating charges +€10,909
up €10,909 (+592.0%), from €1,843 to €12,752
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,090,243 | €8,940,642 | -€2.1m | -19.4% |
| Fixed assets | 21/28 | €4,036,928 | €3,959,299 | -€77,629 | -1.9% |
| Intangible fixed assets | 21 | €1,446,731 | €1,416,081 | -€30,649 | -2.1% |
| Tangible fixed assets | 22/27 | €642,428 | €883,220 | +€240,793 | +37.5% |
| Land and buildings | 22 | €582,801 | €556,677 | -€26,125 | -4.5% |
| Plant, machinery and equipment | 23 | €59,627 | €94,589 | +€34,962 | +58.6% |
| Leasing and similar rights | 25 | - | €231,955 | +€231,955 | |
| Financial fixed assets | 28 | €1,947,769 | €1,659,997 | -€287,772 | -14.8% |
| Current assets | 29/58 | €7,053,316 | €4,981,343 | -€2.1m | -29.4% |
| Amounts receivable within one year | 40/41 | €4,909,233 | €3,127,522 | -€1.8m | -36.3% |
| Trade receivables | 40 | €323,540 | €361,752 | +€38,211 | +11.8% |
| Other amounts receivable | 41 | €4,585,692 | €2,765,771 | -€1.8m | -39.7% |
| Cash at bank and in hand | 54/58 | €69,471 | €107,465 | +€37,994 | +54.7% |
| Deferred charges and accrued income | 490/1 | €2,074,612 | €1,746,356 | -€328,256 | -15.8% |
| Total equity and liabilities | 10/49 | €11,090,243 | €8,940,642 | -€2.1m | -19.4% |
| Equity | 10/15 | €2,053,612 | €2,185,072 | +€131,460 | +6.4% |
| Contributions | 10/11 | €1,615,723 | €1,615,723 | = | 0.0% |
| Capital | 10 | €1,615,723 | €1,615,723 | = | 0.0% |
| Issued capital | 100 | €1,615,723 | €1,615,723 | = | 0.0% |
| Reserves | 13 | €731,500 | €731,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €71,500 | €71,500 | = | 0.0% |
| Legal reserve | 130 | €71,500 | €71,500 | = | 0.0% |
| Distributable reserves | 133 | €660,000 | €660,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€293,611 | -€162,151 | +€131,460 | +44.8% |
| Amounts payable | 17/49 | €9,036,631 | €6,755,570 | -€2.3m | -25.2% |
| Amounts payable after more than one year | 17 | - | €189,343 | +€189,343 | |
| Financial debts | 170/4 | - | €189,343 | +€189,343 | |
| Amounts payable within one year | 42/48 | €5,561,485 | €5,597,353 | +€35,868 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | - | €26,727 | +€26,727 | |
| Financial debts | 43 | €1,747,563 | €1,400,000 | -€347,563 | -19.9% |
| Credit institutions | 430/8 | €1,747,563 | €1,400,000 | -€347,563 | -19.9% |
| Trade debts | 44 | €111,692 | €233,778 | +€122,086 | +109.3% |
| Suppliers | 440/4 | €111,692 | €233,778 | +€122,086 | +109.3% |
| Taxes, remuneration and social security | 45 | €21,500 | €481 | -€21,019 | -97.8% |
| Taxes | 450/3 | €21,500 | €481 | -€21,019 | -97.8% |
| Other amounts payable | 47/48 | €3,680,730 | €3,936,367 | +€255,637 | +6.9% |
| Accrued charges and deferred income | 492/3 | €3,475,146 | €968,874 | -€2.5m | -72.1% |
| Non-recurring operating income | 76A | - | €359,328 | +€359,328 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,808 | €100,119 | +€69,311 | +225.0% |
| Other operating charges | 640/8 | €1,843 | €12,752 | +€10,909 | +592.0% |
| Non-recurring operating charges | 66A | - | €105,227 | +€105,227 | |
| Gross operating margin | 9900 | €138,394 | €409,425 | +€271,031 | +195.8% |
| Operating profit (loss) | 9901 | €105,744 | €191,327 | +€85,583 | +80.9% |
| Financial income | 75/76B | €6,663 | €176,928 | +€170,265 | +2555.3% |
| Recurring financial income | 75 | €6,663 | €176,928 | +€170,265 | +2555.3% |
| Financial charges | 65/66B | €897,179 | €233,859 | -€663,321 | -73.9% |
| Recurring financial charges | 65 | €897,179 | €112,275 | -€784,904 | -87.5% |
| Non-recurring financial charges | 66B | - | €121,584 | +€121,584 | |
| Profit (loss) for the period before taxes | 9903 | -€784,773 | €134,396 | +€919,168 | |
| Income taxes | 67/77 | €0 | €2,936 | +€2,936 | |
| Profit (loss) for the period | 9904 | -€784,773 | €131,460 | +€916,233 | |
| Profit (loss) for the period to be appropriated | 9905 | -€784,773 | €131,460 | +€916,233 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.