LaZI-RUSh: what changed
LaZI-RUSh
Largest movements
- Current investments +€38,087
up €38,087 (+16.0%), from €237,311 to €275,398
- Cash +€19,922
up €19,922 (+24.8%), from €80,351 to €100,273
mainly Net result for the year (+€54,299) and Tax, wage and social debts (+€10,064)
- Receivables within one year +€7,602
up €7,602 (+8.3%), from €91,968 to €99,570
of which Other amounts receivable: +€6,030
- Reserves +€54,299
up €54,299 (+11.5%), from €473,174 to €527,473
of which Distributable reserves: +€54,299
- Tax, wage and social debts +€10,064
up €10,064 (+28.3%), from €35,599 to €45,663
- Gross operating margin -€29,530
down €29,530 (-47.9%), from €61,633 to €32,103
- Financial income -€23,758
down €23,758 (-30.3%), from €78,361 to €54,603
- Financial charges -€21,813
down €21,813 (-92.4%), from €23,606 to €1,793
- Taxes -€13,027
down €13,027 (-32.2%), from €40,499 to €27,472
- Other operating charges +€622
up €622 (+36.3%), from €1,712 to €2,334
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €545,587 | €610,303 | +€64,716 | +11.9% |
| Fixed assets | 21/28 | €114,210 | €113,402 | -€808 | -0.7% |
| Tangible fixed assets | 22/27 | €64,210 | €63,402 | -€808 | -1.3% |
| Other tangible fixed assets | 26 | €64,210 | €63,402 | -€808 | -1.3% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €431,378 | €496,902 | +€65,524 | +15.2% |
| Stocks and contracts in progress | 3 | €19,400 | €19,400 | = | 0.0% |
| Stocks | 30/36 | €19,400 | €19,400 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €91,968 | €99,570 | +€7,602 | +8.3% |
| Trade receivables | 40 | €54,130 | €55,703 | +€1,573 | +2.9% |
| Other amounts receivable | 41 | €37,838 | €43,868 | +€6,030 | +15.9% |
| Current investments | 50/53 | €237,311 | €275,398 | +€38,087 | +16.0% |
| Cash at bank and in hand | 54/58 | €80,351 | €100,273 | +€19,922 | +24.8% |
| Deferred charges and accrued income | 490/1 | €2,348 | €2,261 | -€87 | -3.7% |
| Total equity and liabilities | 10/49 | €545,587 | €610,303 | +€64,716 | +11.9% |
| Equity | 10/15 | €479,574 | €533,873 | +€54,299 | +11.3% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €473,174 | €527,473 | +€54,299 | +11.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €471,314 | €525,613 | +€54,299 | +11.5% |
| Amounts payable | 17/49 | €66,013 | €76,430 | +€10,417 | +15.8% |
| Amounts payable within one year | 42/48 | €63,609 | €76,430 | +€12,821 | +20.2% |
| Trade debts | 44 | €25,134 | €21,891 | -€3,243 | -12.9% |
| Suppliers | 440/4 | €25,134 | €21,891 | -€3,243 | -12.9% |
| Advances received on contracts in progress | 46 | €2,876 | €2,876 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €35,599 | €45,663 | +€10,064 | +28.3% |
| Taxes | 450/3 | €35,599 | €45,663 | +€10,064 | +28.3% |
| Other amounts payable | 47/48 | €0 | €6,000 | +€6,000 | |
| Accrued charges and deferred income | 492/3 | €2,404 | €0 | -€2,404 | -100% |
| Non-recurring operating income | 76A | €0 | €827 | +€827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €334 | €808 | +€473 | +142% |
| Other operating charges | 640/8 | €1,712 | €2,334 | +€622 | +36.3% |
| Gross operating margin | 9900 | €61,633 | €32,103 | -€29,530 | -47.9% |
| Operating profit (loss) | 9901 | €59,587 | €28,961 | -€30,626 | -51.4% |
| Financial income | 75/76B | €78,361 | €54,603 | -€23,758 | -30.3% |
| Recurring financial income | 75 | €78,361 | €54,603 | -€23,758 | -30.3% |
| Financial charges | 65/66B | €23,606 | €1,793 | -€21,813 | -92.4% |
| Recurring financial charges | 65 | €23,606 | €1,793 | -€21,813 | -92.4% |
| Profit (loss) for the period before taxes | 9903 | €114,342 | €81,771 | -€32,571 | -28.5% |
| Income taxes | 67/77 | €40,499 | €27,472 | -€13,027 | -32.2% |
| Profit (loss) for the period | 9904 | €73,843 | €54,299 | -€19,544 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,843 | €54,299 | -€19,544 | -26.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.