LAUSTI: what changed
LAUSTI
Largest movements
- Stocks and contracts +€176,648
up €176,648 (+450%), from €39,227 to €215,875
- Tangible fixed assets -€100,244
down €100,244 (-17.1%), from €587,916 to €487,672
of which Land and buildings: -€84,285
- Cash -€99,808
down €99,808 (-25.0%), from €399,383 to €299,575
mainly Stocks and contracts (-€176,648) and Debts after one year (-€59,890)
- Receivables within one year -€31,633
down €31,633 (-37.5%), from €84,257 to €52,624
of which Trade receivables: -€37,052
- Debts after one year -€59,890
down €59,890 (-19.7%), from €303,490 to €243,600
- Reserves +€55,000
up €55,000 (+23.7%), from €232,200 to €287,200
- Trade debts -€48,617
down €48,617 (-57.4%), from €84,663 to €36,046
- Other debts -€44,387
down €44,387 (-42.9%), from €103,515 to €59,128
- Tax, wage and social debts +€41,244
up €41,244 (+192%), from €21,518 to €62,762
of which Taxes: +€41,996
- Taxes +€41,085
up €41,085 (+221%), from €18,617 to €59,702
- Gross operating margin -€26,897
down €26,897 (-5.5%), from €492,202 to €465,305
- Staff costs +€6,157
up €6,157 (+3.2%), from €193,453 to €199,610
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,119,488 | €1,059,989 | -€59,499 | -5.3% |
| Fixed assets | 21/28 | €588,434 | €488,190 | -€100,244 | -17.0% |
| Tangible fixed assets | 22/27 | €587,916 | €487,672 | -€100,244 | -17.1% |
| Land and buildings | 22 | €467,703 | €383,418 | -€84,285 | -18.0% |
| Plant, machinery and equipment | 23 | €31,811 | €43,622 | +€11,811 | +37.1% |
| Furniture and vehicles | 24 | €88,402 | €60,632 | -€27,771 | -31.4% |
| Financial fixed assets | 28 | €518 | €518 | = | 0.0% |
| Current assets | 29/58 | €531,054 | €571,799 | +€40,745 | +7.7% |
| Stocks and contracts in progress | 3 | €39,227 | €215,875 | +€176,648 | +450% |
| Stocks | 30/36 | €39,227 | €215,875 | +€176,648 | +450% |
| Amounts receivable within one year | 40/41 | €84,257 | €52,624 | -€31,633 | -37.5% |
| Trade receivables | 40 | €81,670 | €44,618 | -€37,052 | -45.4% |
| Other amounts receivable | 41 | €2,588 | €8,007 | +€5,419 | +209% |
| Cash at bank and in hand | 54/58 | €399,383 | €299,575 | -€99,808 | -25.0% |
| Deferred charges and accrued income | 490/1 | €8,187 | €3,725 | -€4,462 | -54.5% |
| Total equity and liabilities | 10/49 | €1,119,488 | €1,059,989 | -€59,499 | -5.3% |
| Equity | 10/15 | €537,191 | €596,171 | +€58,980 | +11.0% |
| Reserves | 13 | €232,200 | €287,200 | +€55,000 | +23.7% |
| Distributable reserves | 133 | €232,200 | €287,200 | +€55,000 | +23.7% |
| Profit (loss) carried forward | 14 | €304,991 | €308,971 | +€3,980 | +1.3% |
| Amounts payable | 17/49 | €582,297 | €463,818 | -€118,479 | -20.3% |
| Amounts payable after more than one year | 17 | €303,490 | €243,600 | -€59,890 | -19.7% |
| Financial debts | 170/4 | €303,490 | €243,600 | -€59,890 | -19.7% |
| Amounts payable within one year | 42/48 | €276,712 | €217,534 | -€59,178 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €56,516 | €59,598 | +€3,082 | +5.5% |
| Financial debts | 43 | €10,500 | €0 | -€10,500 | -100% |
| Credit institutions | 430/8 | €10,500 | €0 | -€10,500 | -100% |
| Trade debts | 44 | €84,663 | €36,046 | -€48,617 | -57.4% |
| Suppliers | 440/4 | €84,663 | €36,046 | -€48,617 | -57.4% |
| Taxes, remuneration and social security | 45 | €21,518 | €62,762 | +€41,244 | +192% |
| Taxes | 450/3 | €4,230 | €46,226 | +€41,996 | +993% |
| Remuneration and social security | 454/9 | €17,288 | €16,536 | -€752 | -4.4% |
| Other amounts payable | 47/48 | €103,515 | €59,128 | -€44,387 | -42.9% |
| Accrued charges and deferred income | 492/3 | €2,095 | €2,683 | +€589 | +28.1% |
| Remuneration, social security and pensions | 62 | €193,453 | €199,610 | +€6,157 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,447 | €127,027 | +€1,580 | +1.3% |
| Other operating charges | 640/8 | €3,062 | €3,280 | +€219 | +7.2% |
| Gross operating margin | 9900 | €492,202 | €465,305 | -€26,897 | -5.5% |
| Operating profit (loss) | 9901 | €170,241 | €135,388 | -€34,853 | -20.5% |
| Financial income | 75/76B | €2,891 | €3,035 | +€144 | +5.0% |
| Recurring financial income | 75 | €2,891 | €3,035 | +€144 | +5.0% |
| Financial charges | 65/66B | €12,598 | €10,142 | -€2,456 | -19.5% |
| Recurring financial charges | 65 | €12,598 | €10,142 | -€2,456 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €160,535 | €128,282 | -€32,253 | -20.1% |
| Income taxes | 67/77 | €18,617 | €59,702 | +€41,085 | +221% |
| Profit (loss) for the period | 9904 | €141,917 | €68,580 | -€73,338 | -51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €141,917 | €68,580 | -€73,338 | -51.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.