LAWDP: 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.
LAWDP
Largest movements
- Current investments +€13,900
new in 2025: €13,900
- Cash -€10,514
down €10,514 (-89.2%), from €11,786 to €1,272
mainly Other debts (-€18,172) and Current investments (-€13,900)
- Receivables within one year +€3,958
up €3,958 (+8.2%), from €48,103 to €52,061
of which Trade receivables: +€3,745
- Reserves +€21,192
up €21,192 (+121.6%), from €17,426 to €38,618
- Other debts -€18,172
down €18,172 (-60.8%), from €29,897 to €11,725
- Tax, wage and social debts +€2,903
up €2,903 (+33.2%), from €8,750 to €11,653
of which Taxes: +€1,476
- Trade debts +€1,496
up €1,496 (+53.1%), from €2,816 to €4,312
- Gross operating margin +€5,785
up €5,785 (+23.5%), from €24,648 to €30,433
- Taxes +€2,117
up €2,117 (+30.4%), from €6,974 to €9,091
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 | €59,889 | €67,518 | +€7,629 | +12.7% |
| Current assets | 29/58 | €59,889 | €67,518 | +€7,629 | +12.7% |
| Amounts receivable within one year | 40/41 | €48,103 | €52,061 | +€3,958 | +8.2% |
| Trade receivables | 40 | €48,103 | €51,847 | +€3,745 | +7.8% |
| Other amounts receivable | 41 | - | €214 | +€214 | |
| Current investments | 50/53 | - | €13,900 | +€13,900 | |
| Cash at bank and in hand | 54/58 | €11,786 | €1,272 | -€10,514 | -89.2% |
| Deferred charges and accrued income | 490/1 | - | €285 | +€285 | |
| Total equity and liabilities | 10/49 | €59,889 | €67,518 | +€7,629 | +12.7% |
| Equity | 10/15 | €18,426 | €39,618 | +€21,192 | +115.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,426 | €38,618 | +€21,192 | +121.6% |
| Distributable reserves | 133 | €17,426 | €38,618 | +€21,192 | +121.6% |
| Amounts payable | 17/49 | €41,463 | €27,900 | -€13,563 | -32.7% |
| Amounts payable within one year | 42/48 | €41,463 | €27,690 | -€13,773 | -33.2% |
| Trade debts | 44 | €2,816 | €4,312 | +€1,496 | +53.1% |
| Suppliers | 440/4 | €2,816 | €4,312 | +€1,496 | +53.1% |
| Taxes, remuneration and social security | 45 | €8,750 | €11,653 | +€2,903 | +33.2% |
| Taxes | 450/3 | €8,750 | €10,226 | +€1,476 | +16.9% |
| Remuneration and social security | 454/9 | - | €1,427 | +€1,427 | |
| Other amounts payable | 47/48 | €29,897 | €11,725 | -€18,172 | -60.8% |
| Accrued charges and deferred income | 492/3 | - | €210 | +€210 | |
| Other operating charges | 640/8 | €248 | €116 | -€133 | -53.4% |
| Gross operating margin | 9900 | €24,648 | €30,433 | +€5,785 | +23.5% |
| Operating profit (loss) | 9901 | €24,400 | €30,317 | +€5,918 | +24.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €35 | +€35 | |
| Recurring financial charges | 65 | - | €35 | +€35 | |
| Profit (loss) for the period before taxes | 9903 | €24,400 | €30,283 | +€5,884 | +24.1% |
| Income taxes | 67/77 | €6,974 | €9,091 | +€2,117 | +30.4% |
| Profit (loss) for the period | 9904 | €17,426 | €21,192 | +€3,766 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,426 | €21,192 | +€3,766 | +21.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.