LAYTH: 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.
LAYTH
Largest movements
- Cash +€22,850
up €22,850 (+17.0%), from €134,109 to €156,959
mainly Other debts (+€114,370) and Net result for the year (+€54,585)
- Tangible fixed assets +€11,110
up €11,110 (+244%), from €4,545 to €15,655
of which Furniture and vehicles: +€11,668
- Other debts +€114,370
up €114,370 (+134,427%), from €85 to €114,455
- Profit (loss) carried forward -€80,002
down €80,002 (-69.8%), from €114,587 to €34,585
- Tax, wage and social debts +€1,997
up €1,997 (+8.8%), from €22,718 to €24,715
of which Taxes: +€3,395
- Turnover +€181,510
new in 2025: €181,510
- Purchases and services +€107,881
new in 2025: €107,881
- Gross operating margin +€27,375
up €27,375 (+55.9%), from €49,002 to €76,377
- Taxes +€6,279
up €6,279 (+60.7%), from €10,337 to €16,616
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.
Derived cash bridge
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 | €142,054 | €176,873 | +€34,820 | +24.5% |
| Fixed assets | 21/28 | €7,945 | €19,055 | +€11,110 | +140% |
| Tangible fixed assets | 22/27 | €4,545 | €15,655 | +€11,110 | +244% |
| Plant, machinery and equipment | 23 | €1,008 | €450 | -€557 | -55.3% |
| Furniture and vehicles | 24 | €3,537 | €15,205 | +€11,668 | +330% |
| Financial fixed assets | 28 | €3,400 | €3,400 | = | 0.0% |
| Current assets | 29/58 | €134,109 | €157,818 | +€23,709 | +17.7% |
| Amounts receivable within one year | 40/41 | - | €243 | +€243 | |
| Other amounts receivable | 41 | - | €243 | +€243 | |
| Cash at bank and in hand | 54/58 | €134,109 | €156,959 | +€22,850 | +17.0% |
| Deferred charges and accrued income | 490/1 | - | €616 | +€616 | |
| Total equity and liabilities | 10/49 | €142,054 | €176,873 | +€34,820 | +24.5% |
| Equity | 10/15 | €117,587 | €37,585 | -€80,002 | -68.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,587 | €34,585 | -€80,002 | -69.8% |
| Amounts payable | 17/49 | €24,466 | €139,288 | +€114,822 | +469% |
| Amounts payable within one year | 42/48 | €24,466 | €139,288 | +€114,822 | +469% |
| Trade debts | 44 | €1,663 | €118 | -€1,545 | -92.9% |
| Suppliers | 440/4 | €1,663 | €118 | -€1,545 | -92.9% |
| Taxes, remuneration and social security | 45 | €22,718 | €24,715 | +€1,997 | +8.8% |
| Taxes | 450/3 | €21,320 | €24,715 | +€3,395 | +15.9% |
| Remuneration and social security | 454/9 | €1,399 | - | -€1,399 | |
| Other amounts payable | 47/48 | €85 | €114,455 | +€114,370 | +134,427% |
| Turnover | 70 | - | €181,510 | +€181,510 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €107,881 | +€107,881 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,622 | €4,673 | +€1,051 | +29.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €49,002 | €76,377 | +€27,375 | +55.9% |
| Operating profit (loss) | 9901 | €44,992 | €71,304 | +€26,312 | +58.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €58 | €103 | +€46 | +79.4% |
| Recurring financial charges | 65 | €58 | €103 | +€46 | +79.4% |
| Profit (loss) for the period before taxes | 9903 | €44,934 | €71,201 | +€26,266 | +58.5% |
| Income taxes | 67/77 | €10,337 | €16,616 | +€6,279 | +60.7% |
| Profit (loss) for the period | 9904 | €34,598 | €54,585 | +€19,987 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,598 | €54,585 | +€19,987 | +57.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.