LAWDLE: 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.
LAWDLE
Largest movements
- Cash -€53,872
down €53,872 (-56.6%), from €95,257 to €41,384
mainly Contributions, distributions and other (-€45,000) and Other debts (-€41,646)
- Tangible fixed assets +€15,939
up €15,939 (+597.5%), from €2,668 to €18,607
of which Other tangible fixed assets: +€16,845
- Receivables within one year +€7,569
up €7,569 (+49.5%), from €15,291 to €22,859
of which Trade receivables: +€5,582
- Deferred charges and accrued income +€2,491
up €2,491 (+97.1%), from €2,565 to €5,056
- Other debts -€41,646
down €41,646 (-46.6%), from €89,463 to €47,818
- Profit (loss) carried forward +€23,282
up €23,282 (+19870.0%), from €117 to €23,399
- Tax, wage and social debts -€8,004
down €8,004 (-75.9%), from €10,549 to €2,545
- Trade debts -€1,505
down €1,505 (-26.6%), from €5,650 to €4,145
- Gross operating margin -€19,909
down €19,909 (-17.6%), from €112,837 to €92,928
- Taxes -€6,776
down €6,776 (-27.3%), from €24,858 to €18,082
- Depreciation +€3,638
up €3,638 (+7329.5%), from €50 to €3,688
- Financial charges +€2,627
up €2,627 (+3379.4%), from €78 to €2,705
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 | €115,780 | €87,907 | -€27,873 | -24.1% |
| Fixed assets | 21/28 | €2,668 | €18,607 | +€15,939 | +597.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,668 | €18,607 | +€15,939 | +597.5% |
| Furniture and vehicles | 24 | €2,668 | €1,762 | -€906 | -34.0% |
| Other tangible fixed assets | 26 | - | €16,845 | +€16,845 | |
| Current assets | 29/58 | €113,112 | €69,300 | -€43,812 | -38.7% |
| Amounts receivable within one year | 40/41 | €15,291 | €22,859 | +€7,569 | +49.5% |
| Trade receivables | 40 | €15,291 | €20,873 | +€5,582 | +36.5% |
| Other amounts receivable | 41 | - | €1,987 | +€1,987 | |
| Cash at bank and in hand | 54/58 | €95,257 | €41,384 | -€53,872 | -56.6% |
| Deferred charges and accrued income | 490/1 | €2,565 | €5,056 | +€2,491 | +97.1% |
| Total equity and liabilities | 10/49 | €115,780 | €87,907 | -€27,873 | -24.1% |
| Equity | 10/15 | €10,117 | €33,399 | +€23,282 | +230.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117 | €23,399 | +€23,282 | +19870.0% |
| Amounts payable | 17/49 | €105,662 | €54,508 | -€51,155 | -48.4% |
| Amounts payable within one year | 42/48 | €105,662 | €54,508 | -€51,155 | -48.4% |
| Trade debts | 44 | €5,650 | €4,145 | -€1,505 | -26.6% |
| Suppliers | 440/4 | €5,650 | €4,145 | -€1,505 | -26.6% |
| Taxes, remuneration and social security | 45 | €10,549 | €2,545 | -€8,004 | -75.9% |
| Taxes | 450/3 | €10,549 | €2,545 | -€8,004 | -75.9% |
| Other amounts payable | 47/48 | €89,463 | €47,818 | -€41,646 | -46.6% |
| Non-recurring operating income | 76A | €568 | - | -€568 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50 | €3,688 | +€3,638 | +7329.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €112,837 | €92,928 | -€19,909 | -17.6% |
| Operating profit (loss) | 9901 | €112,400 | €88,840 | -€23,560 | -21.0% |
| Financial income | 75/76B | €91 | €228 | +€137 | +151.3% |
| Recurring financial income | 75 | €91 | €228 | +€137 | +151.3% |
| Financial charges | 65/66B | €78 | €2,705 | +€2,627 | +3379.4% |
| Recurring financial charges | 65 | €78 | €2,705 | +€2,627 | +3379.4% |
| Profit (loss) for the period before taxes | 9903 | €112,413 | €86,363 | -€26,049 | -23.2% |
| Income taxes | 67/77 | €24,858 | €18,082 | -€6,776 | -27.3% |
| Profit (loss) for the period | 9904 | €87,555 | €68,282 | -€19,273 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,555 | €68,282 | -€19,273 | -22.0% |
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 4 October 2026 via checked.be.