LAZO BUILDING: 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.
LAZO BUILDING
Largest movements
- Receivables within one year +€140,027
up €140,027 (+1055.5%), from €13,266 to €153,293
of which Trade receivables: +€142,126
- Intangible fixed assets +€2,229
up €2,229 (+208.1%), from €1,072 to €3,301
- Trade debts +€126,912
up €126,912 (+6176.0%), from €2,055 to €128,967
- Profit (loss) carried forward +€10,778
up €10,778 (+164.8%), from €6,541 to €17,319
- Tax, wage and social debts +€2,360
up €2,360 (+16.1%), from €14,619 to €16,979
of which Taxes: +€3,088
- Other debts +€2,344
up €2,344 (+370.9%), from €632 to €2,976
- Gross operating margin +€109,637
up €109,637 (+1791.0%), from €6,121 to €115,758
- Staff costs +€96,402
up €96,402 (+4177.0%), from €2,308 to €98,710
- Taxes +€2,928
up €2,928 (+246.7%), from €1,187 to €4,115
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 | €28,847 | €171,242 | +€142,395 | +493.6% |
| Fixed assets | 21/28 | €3,285 | €6,619 | +€3,334 | +101.5% |
| Intangible fixed assets | 21 | €1,072 | €3,301 | +€2,229 | +208.1% |
| Tangible fixed assets | 22/27 | €2,214 | €3,318 | +€1,105 | +49.9% |
| Furniture and vehicles | 24 | €2,214 | €3,318 | +€1,105 | +49.9% |
| Current assets | 29/58 | €25,562 | €164,622 | +€139,060 | +544.0% |
| Amounts receivable within one year | 40/41 | €13,266 | €153,293 | +€140,027 | +1055.5% |
| Trade receivables | 40 | €10,606 | €152,732 | +€142,126 | +1340.1% |
| Other amounts receivable | 41 | €2,660 | €562 | -€2,099 | -78.9% |
| Cash at bank and in hand | 54/58 | €10,913 | €10,019 | -€894 | -8.2% |
| Deferred charges and accrued income | 490/1 | €1,383 | €1,310 | -€73 | -5.2% |
| Total equity and liabilities | 10/49 | €28,847 | €171,242 | +€142,395 | +493.6% |
| Equity | 10/15 | €11,541 | €22,319 | +€10,778 | +93.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,541 | €17,319 | +€10,778 | +164.8% |
| Amounts payable | 17/49 | €17,306 | €148,922 | +€131,616 | +760.5% |
| Amounts payable within one year | 42/48 | €17,306 | €148,922 | +€131,616 | +760.5% |
| Trade debts | 44 | €2,055 | €128,967 | +€126,912 | +6176.0% |
| Suppliers | 440/4 | €2,055 | €128,967 | +€126,912 | +6176.0% |
| Taxes, remuneration and social security | 45 | €14,619 | €16,979 | +€2,360 | +16.1% |
| Taxes | 450/3 | €2,619 | €5,707 | +€3,088 | +117.9% |
| Remuneration and social security | 454/9 | €12,000 | €11,272 | -€728 | -6.1% |
| Other amounts payable | 47/48 | €632 | €2,976 | +€2,344 | +370.9% |
| Remuneration, social security and pensions | 62 | €2,308 | €98,710 | +€96,402 | +4177.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,046 | €1,730 | -€316 | -15.4% |
| Other operating charges | 640/8 | €739 | €412 | -€328 | -44.3% |
| Gross operating margin | 9900 | €6,121 | €115,758 | +€109,637 | +1791.0% |
| Operating profit (loss) | 9901 | €1,028 | €14,907 | +€13,878 | +1349.5% |
| Financial income | 75/76B | €0 | €3 | +€3 | +9500.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +9500.0% |
| Financial charges | 65/66B | €100 | €16 | -€85 | -84.4% |
| Recurring financial charges | 65 | €100 | €16 | -€85 | -84.4% |
| Profit (loss) for the period before taxes | 9903 | €928 | €14,894 | +€13,966 | +1505.0% |
| Income taxes | 67/77 | €1,187 | €4,115 | +€2,928 | +246.7% |
| Profit (loss) for the period | 9904 | -€259 | €10,778 | +€11,037 | |
| Profit (loss) for the period to be appropriated | 9905 | -€259 | €10,778 | +€11,037 |
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 6 October 2026 via checked.be.