LS Piscine: 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.
LS Piscine
Largest movements
- Cash +€96,284
up €96,284 (+117.7%), from €81,821 to €178,105
mainly Net result for the year (+€84,173) and Other debts (+€63,329)
- Tangible fixed assets -€35,914
down €35,914 (-11.1%), from €322,684 to €286,770
- Receivables within one year -€26,612
down €26,612 (-75.6%), from €35,186 to €8,573
of which Trade receivables: -€17,122
- Deferred charges and accrued income +€10,770
up €10,770 (+204.2%), from €5,274 to €16,044
- Other debts +€63,329
up €63,329 (+2009.8%), from €3,151 to €66,480
- Debts after one year -€35,463
down €35,463 (-16.8%), from €211,080 to €175,618
- Advances received -€25,150
down €25,150 (-96.7%), from €26,000 to €850
- Tax, wage and social debts +€15,171
up €15,171 (+69.0%), from €21,983 to €37,153
of which Taxes: +€14,352
- Trade debts +€14,540
up €14,540 (+185.7%), from €7,830 to €22,369
- Gross operating margin +€21,970
up €21,970 (+9.6%), from €230,021 to €251,991
- Staff costs +€11,645
up €11,645 (+25.5%), from €45,581 to €57,226
- Depreciation +€9,922
up €9,922 (+21.4%), from €46,266 to €56,188
- Financial charges +€4,601
up €4,601 (+43.0%), from €10,707 to €15,308
- Other operating charges -€3,321
down €3,321 (-33.2%), from €9,999 to €6,678
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 | €536,642 | €584,119 | +€47,476 | +8.8% |
| Fixed assets | 21/28 | €327,975 | €292,951 | -€35,024 | -10.7% |
| Intangible fixed assets | 21 | €3,856 | €4,646 | +€790 | +20.5% |
| Tangible fixed assets | 22/27 | €322,684 | €286,770 | -€35,914 | -11.1% |
| Land and buildings | 22 | €61,866 | €59,552 | -€2,315 | -3.7% |
| Plant, machinery and equipment | 23 | €16,925 | €17,072 | +€147 | +0.9% |
| Furniture and vehicles | 24 | €56,650 | €44,260 | -€12,390 | -21.9% |
| Leasing and similar rights | 25 | €73,409 | €56,862 | -€16,547 | -22.5% |
| Other tangible fixed assets | 26 | €113,834 | €109,025 | -€4,809 | -4.2% |
| Financial fixed assets | 28 | €1,434 | €1,534 | +€100 | +7.0% |
| Current assets | 29/58 | €208,668 | €291,168 | +€82,500 | +39.5% |
| Stocks and contracts in progress | 3 | €86,387 | €88,446 | +€2,059 | +2.4% |
| Stocks | 30/36 | €86,387 | €88,446 | +€2,059 | +2.4% |
| Amounts receivable within one year | 40/41 | €35,186 | €8,573 | -€26,612 | -75.6% |
| Trade receivables | 40 | €23,262 | €6,140 | -€17,122 | -73.6% |
| Other amounts receivable | 41 | €11,924 | €2,434 | -€9,491 | -79.6% |
| Cash at bank and in hand | 54/58 | €81,821 | €178,105 | +€96,284 | +117.7% |
| Deferred charges and accrued income | 490/1 | €5,274 | €16,044 | +€10,770 | +204.2% |
| Total equity and liabilities | 10/49 | €536,642 | €584,119 | +€47,476 | +8.8% |
| Equity | 10/15 | €225,663 | €239,236 | +€13,573 | +6.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,663 | €219,236 | +€13,573 | +6.6% |
| Amounts payable | 17/49 | €310,980 | €344,883 | +€33,903 | +10.9% |
| Amounts payable after more than one year | 17 | €211,080 | €175,618 | -€35,463 | -16.8% |
| Financial debts | 170/4 | €211,080 | €175,618 | -€35,463 | -16.8% |
| Amounts payable within one year | 42/48 | €99,708 | €169,108 | +€69,400 | +69.6% |
| Current portion of amounts payable after more than one year | 42 | €33,930 | €35,463 | +€1,532 | +4.5% |
| Financial debts | 43 | €6,814 | €6,793 | -€22 | -0.3% |
| Credit institutions | 430/8 | €6,814 | €6,793 | -€22 | -0.3% |
| Trade debts | 44 | €7,830 | €22,369 | +€14,540 | +185.7% |
| Suppliers | 440/4 | €7,830 | €22,369 | +€14,540 | +185.7% |
| Advances received on contracts in progress | 46 | €26,000 | €850 | -€25,150 | -96.7% |
| Taxes, remuneration and social security | 45 | €21,983 | €37,153 | +€15,171 | +69.0% |
| Taxes | 450/3 | €17,854 | €32,206 | +€14,352 | +80.4% |
| Remuneration and social security | 454/9 | €4,129 | €4,947 | +€818 | +19.8% |
| Other amounts payable | 47/48 | €3,151 | €66,480 | +€63,329 | +2009.8% |
| Accrued charges and deferred income | 492/3 | €192 | €157 | -€35 | -18.1% |
| Remuneration, social security and pensions | 62 | €45,581 | €57,226 | +€11,645 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,266 | €56,188 | +€9,922 | +21.4% |
| Other operating charges | 640/8 | €9,999 | €6,678 | -€3,321 | -33.2% |
| Non-recurring operating charges | 66A | - | €7,861 | +€7,861 | |
| Gross operating margin | 9900 | €230,021 | €251,991 | +€21,970 | +9.6% |
| Operating profit (loss) | 9901 | €128,175 | €124,038 | -€4,136 | -3.2% |
| Financial income | 75/76B | €72 | €31 | -€42 | -57.6% |
| Recurring financial income | 75 | €72 | €31 | -€42 | -57.6% |
| Financial charges | 65/66B | €10,707 | €15,308 | +€4,601 | +43.0% |
| Recurring financial charges | 65 | €10,707 | €15,308 | +€4,601 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €117,540 | €108,761 | -€8,779 | -7.5% |
| Income taxes | 67/77 | €25,810 | €24,588 | -€1,223 | -4.7% |
| Profit (loss) for the period | 9904 | €91,730 | €84,173 | -€7,556 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €91,730 | €84,173 | -€7,556 | -8.2% |
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 11 October 2026 via checked.be.