LAZE: 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.
LAZE
Largest movements
- Receivables within one year -€21,905
no longer reported in 2025 (was €21,905)
of which Other amounts receivable: -€14,558
- Cash +€12,039
up €12,039 (+47.7%), from €25,250 to €37,289
mainly Receivables within one year (+€21,905) and Depreciation (+€1,455)
- Tangible fixed assets -€1,455
down €1,455 (-33.3%), from €4,365 to €2,910
- Other debts -€6,760
down €6,760 (-17.3%), from €39,128 to €32,368
- Tax, wage and social debts -€5,603
down €5,603 (-93.7%), from €5,982 to €379
- Profit (loss) carried forward +€1,042
new in 2025: €1,042
- Taxes +€379
new in 2025: €379
- Gross operating margin -€106
down €106 (-3.0%), from €3,492 to €3,386
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 | €85,120 | €73,799 | -€11,321 | -13.3% |
| Fixed assets | 21/28 | €4,365 | €2,910 | -€1,455 | -33.3% |
| Tangible fixed assets | 22/27 | €4,365 | €2,910 | -€1,455 | -33.3% |
| Other tangible fixed assets | 26 | €4,365 | €2,910 | -€1,455 | -33.3% |
| Current assets | 29/58 | €80,755 | €70,889 | -€9,866 | -12.2% |
| Amounts receivable within one year | 40/41 | €21,905 | - | -€21,905 | |
| Trade receivables | 40 | €7,347 | - | -€7,347 | |
| Other amounts receivable | 41 | €14,558 | - | -€14,558 | |
| Cash at bank and in hand | 54/58 | €25,250 | €37,289 | +€12,039 | +47.7% |
| Deferred charges and accrued income | 490/1 | €33,600 | €33,600 | = | 0.0% |
| Total equity and liabilities | 10/49 | €85,120 | €73,799 | -€11,321 | -13.3% |
| Equity | 10/15 | €10 | €1,052 | +€1,042 | +10420.0% |
| Contributions | 10/11 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €1,042 | +€1,042 | |
| Amounts payable | 17/49 | €85,110 | €72,747 | -€12,363 | -14.5% |
| Amounts payable within one year | 42/48 | €45,110 | €32,747 | -€12,363 | -27.4% |
| Taxes, remuneration and social security | 45 | €5,982 | €379 | -€5,603 | -93.7% |
| Taxes | 450/3 | €5,982 | €379 | -€5,603 | -93.7% |
| Other amounts payable | 47/48 | €39,128 | €32,368 | -€6,760 | -17.3% |
| Accrued charges and deferred income | 492/3 | €40,000 | €40,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,455 | €1,455 | = | 0.0% |
| Other operating charges | 640/8 | €386 | €400 | +€14 | +3.6% |
| Gross operating margin | 9900 | €3,492 | €3,386 | -€106 | -3.0% |
| Operating profit (loss) | 9901 | €1,651 | €1,531 | -€120 | -7.3% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €95 | €110 | +€15 | +15.8% |
| Recurring financial charges | 65 | €95 | €110 | +€15 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €1,586 | €1,421 | -€165 | -10.4% |
| Income taxes | 67/77 | - | €379 | +€379 | |
| Profit (loss) for the period | 9904 | €1,586 | €1,042 | -€544 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,586 | €1,042 | -€544 | -34.3% |
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 7 October 2026 via checked.be.