LAZ MODE: 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.
LAZ MODE
Largest movements
- Tangible fixed assets -€6,556
down €6,556 (-91.5%), from €7,163 to €606
of which Furniture and vehicles: -€6,135
- Stocks and contracts -€4,789
down €4,789 (-49.1%), from €9,759 to €4,970
- Cash +€1,673
up €1,673 (+238.0%), from €703 to €2,376
mainly Tax, wage and social debts (+€17,370) and Investment in fixed assets (net) (+€6,135)
- Receivables within one year +€1,096
up €1,096, from €0 to €1,096
of which Trade receivables: +€981
- Profit (loss) carried forward -€27,014
down €27,014 (-169.8%), from -€15,908 to -€42,922
- Tax, wage and social debts +€17,370
up €17,370 (+433.8%), from €4,004 to €21,374
of which Remuneration and social security: +€17,461
- Trade debts +€612
up €612 (+17.2%), from €3,560 to €4,172
- Other debts +€533
up €533 (+2.1%), from €25,236 to €25,769
- Staff costs +€20,886
up €20,886 (+162.9%), from €12,821 to €33,707
- Gross operating margin +€13,446
up €13,446, from -€778 to €12,669
- Purchases and services +€7,527
up €7,527 (+21.6%), from €34,810 to €42,337
- Other operating charges +€4,773
new in 2025: €4,773
- Turnover +€4,696
up €4,696 (+15.9%), from €29,571 to €34,266
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 | €19,455 | €10,893 | -€8,563 | -44.0% |
| Fixed assets | 21/28 | €8,865 | €2,309 | -€6,556 | -74.0% |
| Tangible fixed assets | 22/27 | €7,163 | €606 | -€6,556 | -91.5% |
| Plant, machinery and equipment | 23 | €1,028 | €606 | -€421 | -41.0% |
| Furniture and vehicles | 24 | €6,135 | €0 | -€6,135 | -100.0% |
| Financial fixed assets | 28 | €1,702 | €1,702 | = | 0.0% |
| Current assets | 29/58 | €10,591 | €8,584 | -€2,007 | -18.9% |
| Stocks and contracts in progress | 3 | €9,759 | €4,970 | -€4,789 | -49.1% |
| Stocks | 30/36 | €9,759 | €4,970 | -€4,789 | -49.1% |
| Amounts receivable within one year | 40/41 | €0 | €1,096 | +€1,096 | |
| Trade receivables | 40 | €0 | €981 | +€981 | |
| Other amounts receivable | 41 | €0 | €114 | +€114 | |
| Cash at bank and in hand | 54/58 | €703 | €2,376 | +€1,673 | +238.0% |
| Deferred charges and accrued income | 490/1 | €128 | €143 | +€14 | +11.2% |
| Total equity and liabilities | 10/49 | €19,455 | €10,893 | -€8,563 | -44.0% |
| Equity | 10/15 | -€13,408 | -€40,422 | -€27,014 | -201.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,908 | -€42,922 | -€27,014 | -169.8% |
| Amounts payable | 17/49 | €32,863 | €51,314 | +€18,451 | +56.1% |
| Amounts payable within one year | 42/48 | €32,800 | €51,314 | +€18,515 | +56.4% |
| Trade debts | 44 | €3,560 | €4,172 | +€612 | +17.2% |
| Suppliers | 440/4 | €3,560 | €4,172 | +€612 | +17.2% |
| Taxes, remuneration and social security | 45 | €4,004 | €21,374 | +€17,370 | +433.8% |
| Taxes | 450/3 | €253 | €162 | -€91 | -36.0% |
| Remuneration and social security | 454/9 | €3,750 | €21,211 | +€17,461 | +465.6% |
| Other amounts payable | 47/48 | €25,236 | €25,769 | +€533 | +2.1% |
| Accrued charges and deferred income | 492/3 | €64 | €0 | -€64 | -100.0% |
| Turnover | 70 | €29,571 | €34,266 | +€4,696 | +15.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €34,810 | €42,337 | +€7,527 | +21.6% |
| Remuneration, social security and pensions | 62 | €12,821 | €33,707 | +€20,886 | +162.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,101 | €421 | -€1,680 | -80.0% |
| Other operating charges | 640/8 | - | €4,773 | +€4,773 | |
| Non-recurring operating charges | 66A | - | €422 | +€422 | |
| Gross operating margin | 9900 | -€778 | €12,669 | +€13,446 | |
| Operating profit (loss) | 9901 | -€15,699 | -€26,654 | -€10,955 | -69.8% |
| Financial charges | 65/66B | €209 | €218 | +€9 | +4.5% |
| Recurring financial charges | 65 | €209 | €218 | +€9 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,908 | -€26,873 | -€10,965 | -68.9% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€15,908 | -€27,014 | -€11,106 | -69.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,908 | -€27,014 | -€11,106 | -69.8% |
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 3 October 2026 via checked.be.