LAWDO: what changed
What changed
LAWDO
NACE 47.711, Retail sale of women's outerwear
filed annual accounts (NBB)
Net result for the year
-€19,309
2024 · -€48,344+€29,035
Equity
-€41,983
2024 · -€22,675-€19,309
Cash
€22,494
2024 · €22,059+€435
Balance sheet total
€87,383
2024 · €105,980-€18,596
Largest movements
Assets
- Stocks and contracts -€15,586
down €15,586 (-29.4%), from €52,953 to €37,367
- Tangible fixed assets -€3,734
down €3,734 (-41.6%), from €8,975 to €5,241
of which Other tangible fixed assets: -€3,010
Equity and liabilities
- Other debts +€19,711
up €19,711 (+60.2%), from €32,718 to €52,429
- Profit (loss) carried forward -€19,309
down €19,309 (-40.1%), from -€48,175 to -€67,483
- Trade debts -€15,900
down €15,900 (-36.8%), from €43,171 to €27,271
- Debts after one year -€7,731
down €7,731 (-27.8%), from €27,840 to €20,110
- Tax, wage and social debts +€3,479
up €3,479 (+19.0%), from €18,348 to €21,826
of which Taxes: +€2,904
Income statement
- Gross operating margin +€32,091
up €32,091 (+80.3%), from €39,986 to €72,077
- Financial charges +€3,397
up €3,397 (+105%), from €3,244 to €6,642
- Other operating charges -€724
no longer reported in 2025 (was €724)
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.
Result 2024
-€48,344
Gross operating margin
+€32,091
Staff costs
-€504
Depreciation
+€30
Other operating charges
+€724
Financial income
+€92
Financial charges
-€3,397
Result 2025
-€19,309
raises the resultlowers the result
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.
From operations
+€7,012
Investment
€0
Financing
-€6,577
Cash 2024
€22,059
From operations (derived)
+€7,012
Net result for the year
-€19,309
Depreciation
+€4,441
Stocks and contracts
+€15,586
Receivables within one year
-€488
Deferred charges and accrued income
-€507
Trade debts
-€15,900
Tax, wage and social debts
+€3,479
Other debts
+€19,711
Financing
-€6,577
Debts after one year
-€7,731
Current portion of long-term debt
+€1,153
Cash 2025
€22,494
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,980 | €87,383 | -€18,596 | -17.5% |
| Fixed assets | 21/28 | €24,357 | €19,916 | -€4,441 | -18.2% |
| Intangible fixed assets | 21 | €1,882 | €1,175 | -€707 | -37.6% |
| Tangible fixed assets | 22/27 | €8,975 | €5,241 | -€3,734 | -41.6% |
| Furniture and vehicles | 24 | €1,449 | €725 | -€724 | -50.0% |
| Other tangible fixed assets | 26 | €7,526 | €4,515 | -€3,010 | -40.0% |
| Financial fixed assets | 28 | €13,500 | €13,500 | = | 0.0% |
| Current assets | 29/58 | €81,623 | €67,467 | -€14,156 | -17.3% |
| Stocks and contracts in progress | 3 | €52,953 | €37,367 | -€15,586 | -29.4% |
| Stocks | 30/36 | €52,953 | €37,367 | -€15,586 | -29.4% |
| Amounts receivable within one year | 40/41 | €70 | €558 | +€488 | +700% |
| Trade receivables | 40 | €70 | €558 | +€488 | +700% |
| Cash at bank and in hand | 54/58 | €22,059 | €22,494 | +€435 | +2.0% |
| Deferred charges and accrued income | 490/1 | €6,541 | €7,048 | +€507 | +7.8% |
| Total equity and liabilities | 10/49 | €105,980 | €87,383 | -€18,596 | -17.5% |
| Equity | 10/15 | -€22,675 | -€41,983 | -€19,309 | -85.2% |
| Contributions | 10/11 | €25,500 | €25,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,175 | -€67,483 | -€19,309 | -40.1% |
| Amounts payable | 17/49 | €128,654 | €129,367 | +€712 | +0.6% |
| Amounts payable after more than one year | 17 | €27,840 | €20,110 | -€7,731 | -27.8% |
| Other amounts payable | 178/9 | €27,840 | €20,110 | -€7,731 | -27.8% |
| Amounts payable within one year | 42/48 | €100,814 | €109,257 | +€8,443 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €6,577 | €7,731 | +€1,153 | +17.5% |
| Trade debts | 44 | €43,171 | €27,271 | -€15,900 | -36.8% |
| Suppliers | 440/4 | €43,171 | €27,271 | -€15,900 | -36.8% |
| Taxes, remuneration and social security | 45 | €18,348 | €21,826 | +€3,479 | +19.0% |
| Taxes | 450/3 | €6,491 | €9,395 | +€2,904 | +44.7% |
| Remuneration and social security | 454/9 | €11,857 | €12,432 | +€575 | +4.8% |
| Other amounts payable | 47/48 | €32,718 | €52,429 | +€19,711 | +60.2% |
| Non-recurring operating income | 76A | - | €307 | +€307 | |
| Remuneration, social security and pensions | 62 | €79,970 | €80,474 | +€504 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,471 | €4,441 | -€30 | -0.7% |
| Other operating charges | 640/8 | €724 | - | -€724 | |
| Gross operating margin | 9900 | €39,986 | €72,077 | +€32,091 | +80.3% |
| Operating profit (loss) | 9901 | -€45,178 | -€12,838 | +€32,340 | +71.6% |
| Financial income | 75/76B | €78 | €170 | +€92 | +118% |
| Recurring financial income | 75 | €78 | €170 | +€92 | +118% |
| Financial charges | 65/66B | €3,244 | €6,642 | +€3,397 | +105% |
| Recurring financial charges | 65 | €3,244 | €6,642 | +€3,397 | +105% |
| Profit (loss) for the period before taxes | 9903 | -€48,344 | -€19,309 | +€29,035 | +60.1% |
| Profit (loss) for the period | 9904 | -€48,344 | -€19,309 | +€29,035 | +60.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,344 | -€19,309 | +€29,035 | +60.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.