Lawalé: 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.
Lawalé
Largest movements
- Current investments +€118,138
new in 2025: €118,138
- Cash -€81,933
down €81,933 (-36.1%), from €226,975 to €145,042
mainly Contributions, distributions and other (-€240,938) and Current investments (-€118,138)
- Receivables within one year +€18,703
up €18,703 (+194.9%), from €9,596 to €28,300
of which Trade receivables: +€16,058
- Other debts +€242,034
up €242,034 (+33565.4%), from €721 to €242,755
- Reserves -€175,000
down €175,000 (-100.0%), from €175,000 to €0
- Tax, wage and social debts -€11,573
down €11,573 (-23.4%), from €49,452 to €37,879
of which Taxes: -€11,573
- Gross operating margin -€37,241
down €37,241 (-30.4%), from €122,409 to €85,168
- Taxes -€8,448
down €8,448 (-32.5%), from €25,971 to €17,524
- Financial charges +€2,255
up €2,255 (+3344.9%), from €67 to €2,322
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 | €237,187 | €291,726 | +€54,539 | +23.0% |
| Fixed assets | 21/28 | €489 | €0 | -€489 | -100.0% |
| Tangible fixed assets | 22/27 | €489 | €0 | -€489 | -100.0% |
| Furniture and vehicles | 24 | €489 | €0 | -€489 | -100.0% |
| Current assets | 29/58 | €236,698 | €291,726 | +€55,028 | +23.2% |
| Amounts receivable within one year | 40/41 | €9,596 | €28,300 | +€18,703 | +194.9% |
| Trade receivables | 40 | €9,596 | €25,655 | +€16,058 | +167.3% |
| Other amounts receivable | 41 | - | €2,645 | +€2,645 | |
| Current investments | 50/53 | - | €118,138 | +€118,138 | |
| Cash at bank and in hand | 54/58 | €226,975 | €145,042 | -€81,933 | -36.1% |
| Deferred charges and accrued income | 490/1 | €127 | €247 | +€120 | +94.8% |
| Total equity and liabilities | 10/49 | €237,187 | €291,726 | +€54,539 | +23.0% |
| Equity | 10/15 | €180,933 | €5,000 | -€175,933 | -97.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €175,000 | €0 | -€175,000 | -100.0% |
| Distributable reserves | 133 | €175,000 | €0 | -€175,000 | -100.0% |
| Profit (loss) carried forward | 14 | €933 | €0 | -€933 | -100.0% |
| Amounts payable | 17/49 | €56,254 | €286,726 | +€230,472 | +409.7% |
| Amounts payable within one year | 42/48 | €56,254 | €286,726 | +€230,472 | +409.7% |
| Financial debts | 43 | €127 | €15 | -€112 | -88.3% |
| Other loans | 439 | €127 | €15 | -€112 | -88.3% |
| Trade debts | 44 | €5,954 | €6,077 | +€124 | +2.1% |
| Suppliers | 440/4 | €5,954 | €6,077 | +€124 | +2.1% |
| Taxes, remuneration and social security | 45 | €49,452 | €37,879 | -€11,573 | -23.4% |
| Taxes | 450/3 | €49,452 | €37,879 | -€11,573 | -23.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €721 | €242,755 | +€242,034 | +33565.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €511 | €489 | -€22 | -4.3% |
| Other operating charges | 640/8 | €414 | €400 | -€14 | -3.4% |
| Gross operating margin | 9900 | €122,409 | €85,168 | -€37,241 | -30.4% |
| Operating profit (loss) | 9901 | €121,484 | €84,279 | -€37,205 | -30.6% |
| Financial income | 75/76B | €0 | €572 | +€571 | +571420.0% |
| Recurring financial income | 75 | €0 | €572 | +€571 | +571420.0% |
| Financial charges | 65/66B | €67 | €2,322 | +€2,255 | +3344.9% |
| Recurring financial charges | 65 | €67 | €2,322 | +€2,255 | +3344.9% |
| Profit (loss) for the period before taxes | 9903 | €121,417 | €82,528 | -€38,888 | -32.0% |
| Income taxes | 67/77 | €25,971 | €17,524 | -€8,448 | -32.5% |
| Profit (loss) for the period | 9904 | €95,445 | €65,005 | -€30,441 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95,445 | €65,005 | -€30,441 | -31.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.