LAWSTER: 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.
LAWSTER
Largest movements
- Intangible fixed assets -€25,000
down €25,000 (-16.6%), from €150,616 to €125,616
- Cash -€14,705
down €14,705 (-69.5%), from €21,157 to €6,452
mainly Debts after one year (-€27,105) and Contributions, distributions and other (-€23,464)
- Receivables within one year +€13,949
up €13,949 (+20.5%), from €68,043 to €81,992
of which Trade receivables: +€37,268
- Deferred charges and accrued income -€4,894
down €4,894 (-49.7%), from €9,839 to €4,945
- Tangible fixed assets +€2,621
up €2,621 (+195.5%), from €1,341 to €3,962
of which Other tangible fixed assets: +€2,729
- Debts after one year -€27,105
down €27,105 (-24.4%), from €110,889 to €83,784
- Other debts -€11,825
down €11,825 (-33.5%), from €35,290 to €23,464
- Trade debts +€7,550
up €7,550 (+52.1%), from €14,502 to €22,053
- Tax, wage and social debts +€2,784
up €2,784 (+10.7%), from €25,984 to €28,768
of which Taxes: +€2,704
- Gross operating margin -€29,530
down €29,530 (-23.4%), from €125,948 to €96,418
- Staff costs +€1,314
up €1,314 (+3.7%), from €35,493 to €36,807
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 | €250,997 | €222,967 | -€28,029 | -11.2% |
| Fixed assets | 21/28 | €151,957 | €129,578 | -€22,379 | -14.7% |
| Intangible fixed assets | 21 | €150,616 | €125,616 | -€25,000 | -16.6% |
| Tangible fixed assets | 22/27 | €1,341 | €3,962 | +€2,621 | +195.5% |
| Furniture and vehicles | 24 | €108 | - | -€108 | |
| Other tangible fixed assets | 26 | €1,233 | €3,962 | +€2,729 | +221.4% |
| Current assets | 29/58 | €99,039 | €93,389 | -€5,650 | -5.7% |
| Amounts receivable within one year | 40/41 | €68,043 | €81,992 | +€13,949 | +20.5% |
| Trade receivables | 40 | €13,579 | €50,847 | +€37,268 | +274.5% |
| Other amounts receivable | 41 | €54,464 | €31,145 | -€23,319 | -42.8% |
| Cash at bank and in hand | 54/58 | €21,157 | €6,452 | -€14,705 | -69.5% |
| Deferred charges and accrued income | 490/1 | €9,839 | €4,945 | -€4,894 | -49.7% |
| Total equity and liabilities | 10/49 | €250,997 | €222,967 | -€28,029 | -11.2% |
| Equity | 10/15 | €37,794 | €37,794 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €27,794 | €27,794 | = | 0.0% |
| Distributable reserves | 133 | €27,794 | €27,794 | = | 0.0% |
| Amounts payable | 17/49 | €213,203 | €185,174 | -€28,029 | -13.1% |
| Amounts payable after more than one year | 17 | €110,889 | €83,784 | -€27,105 | -24.4% |
| Financial debts | 170/4 | €110,889 | €83,784 | -€27,105 | -24.4% |
| Amounts payable within one year | 42/48 | €102,314 | €101,389 | -€925 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €26,538 | €27,105 | +€566 | +2.1% |
| Trade debts | 44 | €14,502 | €22,053 | +€7,550 | +52.1% |
| Suppliers | 440/4 | €14,502 | €22,053 | +€7,550 | +52.1% |
| Taxes, remuneration and social security | 45 | €25,984 | €28,768 | +€2,784 | +10.7% |
| Taxes | 450/3 | €23,662 | €26,366 | +€2,704 | +11.4% |
| Remuneration and social security | 454/9 | €2,321 | €2,401 | +€80 | +3.5% |
| Other amounts payable | 47/48 | €35,290 | €23,464 | -€11,825 | -33.5% |
| Remuneration, social security and pensions | 62 | €35,493 | €36,807 | +€1,314 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,783 | €25,391 | -€392 | -1.5% |
| Other operating charges | 640/8 | €937 | €910 | -€27 | -2.9% |
| Non-recurring operating charges | 66A | €344 | - | -€344 | |
| Gross operating margin | 9900 | €125,948 | €96,418 | -€29,530 | -23.4% |
| Operating profit (loss) | 9901 | €63,390 | €33,311 | -€30,080 | -47.5% |
| Financial income | 75/76B | €2,275 | €2,579 | +€304 | +13.3% |
| Recurring financial income | 75 | €2,275 | €2,579 | +€304 | +13.3% |
| Financial charges | 65/66B | €4,380 | €4,533 | +€154 | +3.5% |
| Recurring financial charges | 65 | €4,380 | €4,533 | +€154 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €61,285 | €31,356 | -€29,930 | -48.8% |
| Income taxes | 67/77 | €8,216 | €7,891 | -€324 | -3.9% |
| Profit (loss) for the period | 9904 | €53,070 | €23,464 | -€29,605 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,070 | €23,464 | -€29,605 | -55.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.