LAZIM: 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.
LAZIM
Largest movements
- Receivables within one year -€22,206
down €22,206 (-46.0%), from €48,308 to €26,102
of which Trade receivables: -€21,218
- Tangible fixed assets +€5,886
up €5,886 (+1611.6%), from €365 to €6,252
of which Furniture and vehicles: +€6,016
- Cash -€5,410
down €5,410 (-49.1%), from €11,008 to €5,598
mainly Trade debts (-€29,625) and Investment in fixed assets (net) (-€7,460)
- Deferred charges and accrued income -€681
down €681 (-59.1%), from €1,154 to €472
- Trade debts -€29,625
down €29,625 (-77.2%), from €38,384 to €8,760
- Other debts +€5,109
up €5,109 (+135.7%), from €3,764 to €8,873
- Accrued charges and deferred income +€1,873
new in 2025: €1,873
- Gross operating margin +€4,139
up €4,139, from -€518 to €3,621
- Depreciation +€1,492
up €1,492 (+1824.0%), from €82 to €1,574
- Financial charges +€165
up €165 (+64.9%), from €255 to €420
- Other operating charges +€61
up €61 (+4.5%), from €1,335 to €1,395
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 | €62,335 | €39,924 | -€22,411 | -36.0% |
| Fixed assets | 21/28 | €1,865 | €7,752 | +€5,886 | +315.6% |
| Tangible fixed assets | 22/27 | €365 | €6,252 | +€5,886 | +1611.6% |
| Plant, machinery and equipment | 23 | €365 | €236 | -€130 | -35.5% |
| Furniture and vehicles | 24 | - | €6,016 | +€6,016 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €60,470 | €32,172 | -€28,298 | -46.8% |
| Amounts receivable within one year | 40/41 | €48,308 | €26,102 | -€22,206 | -46.0% |
| Trade receivables | 40 | €46,127 | €24,910 | -€21,218 | -46.0% |
| Other amounts receivable | 41 | €2,180 | €1,193 | -€988 | -45.3% |
| Cash at bank and in hand | 54/58 | €11,008 | €5,598 | -€5,410 | -49.1% |
| Deferred charges and accrued income | 490/1 | €1,154 | €472 | -€681 | -59.1% |
| Total equity and liabilities | 10/49 | €62,335 | €39,924 | -€22,411 | -36.0% |
| Equity | 10/15 | €20,187 | €20,418 | +€232 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,132 | €12,363 | +€232 | +1.9% |
| Amounts payable | 17/49 | €42,148 | €19,506 | -€22,643 | -53.7% |
| Amounts payable within one year | 42/48 | €42,148 | €17,633 | -€24,516 | -58.2% |
| Trade debts | 44 | €38,384 | €8,760 | -€29,625 | -77.2% |
| Suppliers | 440/4 | €38,384 | €8,760 | -€29,625 | -77.2% |
| Other amounts payable | 47/48 | €3,764 | €8,873 | +€5,109 | +135.7% |
| Accrued charges and deferred income | 492/3 | - | €1,873 | +€1,873 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82 | €1,574 | +€1,492 | +1824.0% |
| Other operating charges | 640/8 | €1,335 | €1,395 | +€61 | +4.5% |
| Gross operating margin | 9900 | -€518 | €3,621 | +€4,139 | |
| Operating profit (loss) | 9901 | -€1,934 | €652 | +€2,587 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €255 | €420 | +€165 | +64.9% |
| Recurring financial charges | 65 | €255 | €420 | +€165 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,189 | €232 | +€2,421 | |
| Profit (loss) for the period | 9904 | -€2,189 | €232 | +€2,421 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,189 | €232 | +€2,421 |
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 10 October 2026 via checked.be.