NEW LAFORGE: 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.
NEW LAFORGE
Largest movements
- Receivables within one year -€409,634
down €409,634 (-53.7%), from €762,941 to €353,307
of which Other amounts receivable: -€395,899
- Tangible fixed assets -€87,683
down €87,683 (-9.2%), from €957,951 to €870,268
of which Plant, machinery and equipment: -€47,121
- Profit (loss) carried forward -€182,599
down €182,599 (-28.4%), from €643,747 to €461,148
- Other debts -€163,161
down €163,161 (-93.4%), from €174,680 to €11,519
- Trade debts -€112,206
down €112,206 (-56.5%), from €198,678 to €86,472
- Provisions -€30,180
no longer reported in 2025 (was €30,180)
- Gross operating margin -€471,304
down €471,304 (-39.1%), from €1.2m to €733,338
- Other operating charges -€125,412
down €125,412 (-27.6%), from €454,680 to €329,268
- Taxes -€83,551
down €83,551 (-61.3%), from €136,380 to €52,829
- Depreciation +€23,931
up €23,931 (+14.9%), from €160,299 to €184,231
- Staff costs -€22,273
down €22,273 (-5.8%), from €382,232 to €359,958
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 | €1,899,606 | €1,405,993 | -€493,613 | -26.0% |
| Fixed assets | 21/28 | €1,066,421 | €978,738 | -€87,683 | -8.2% |
| Tangible fixed assets | 22/27 | €957,951 | €870,268 | -€87,683 | -9.2% |
| Plant, machinery and equipment | 23 | €375,467 | €328,346 | -€47,121 | -12.6% |
| Furniture and vehicles | 24 | €2,050 | €1,504 | -€547 | -26.7% |
| Other tangible fixed assets | 26 | €580,434 | €540,419 | -€40,015 | -6.9% |
| Financial fixed assets | 28 | €108,470 | €108,470 | = | 0.0% |
| Current assets | 29/58 | €833,185 | €427,255 | -€405,930 | -48.7% |
| Amounts receivable within one year | 40/41 | €762,941 | €353,307 | -€409,634 | -53.7% |
| Trade receivables | 40 | €15,924 | €2,189 | -€13,735 | -86.3% |
| Other amounts receivable | 41 | €747,017 | €351,118 | -€395,899 | -53.0% |
| Cash at bank and in hand | 54/58 | €68,011 | €72,761 | +€4,750 | +7.0% |
| Deferred charges and accrued income | 490/1 | €2,234 | €1,188 | -€1,046 | -46.8% |
| Total equity and liabilities | 10/49 | €1,899,606 | €1,405,993 | -€493,613 | -26.0% |
| Equity | 10/15 | €1,256,571 | €1,073,972 | -€182,599 | -14.5% |
| Contributions | 10/11 | €526,317 | €526,317 | = | 0.0% |
| Capital | 10 | €526,256 | €526,256 | = | 0.0% |
| Issued capital | 100 | €526,256 | €526,256 | = | 0.0% |
| Outside capital | 11 | €60 | €60 | = | 0.0% |
| Share premium | 1100/10 | €60 | €60 | = | 0.0% |
| Reserves | 13 | €86,507 | €86,507 | = | 0.0% |
| Non-distributable reserves | 130/1 | €86,507 | €86,507 | = | 0.0% |
| Legal reserve | 130 | €86,507 | €86,507 | = | 0.0% |
| Profit (loss) carried forward | 14 | €643,747 | €461,148 | -€182,599 | -28.4% |
| Provisions and deferred taxes | 16 | €30,180 | - | -€30,180 | |
| Provisions for liabilities and charges | 160/5 | €30,180 | - | -€30,180 | |
| Other liabilities and charges | 164/5 | €30,180 | - | -€30,180 | |
| Amounts payable | 17/49 | €612,856 | €332,021 | -€280,834 | -45.8% |
| Amounts payable within one year | 42/48 | €612,856 | €332,021 | -€280,834 | -45.8% |
| Trade debts | 44 | €198,678 | €86,472 | -€112,206 | -56.5% |
| Suppliers | 440/4 | €198,678 | €86,472 | -€112,206 | -56.5% |
| Taxes, remuneration and social security | 45 | €239,497 | €234,031 | -€5,467 | -2.3% |
| Taxes | 450/3 | €202,095 | €195,146 | -€6,949 | -3.4% |
| Remuneration and social security | 454/9 | €37,402 | €38,884 | +€1,482 | +4.0% |
| Other amounts payable | 47/48 | €174,680 | €11,519 | -€163,161 | -93.4% |
| Remuneration, social security and pensions | 62 | €382,232 | €359,958 | -€22,273 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,299 | €184,231 | +€23,931 | +14.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€45,187 | -€30,180 | +€15,007 | +33.2% |
| Other operating charges | 640/8 | €454,680 | €329,268 | -€125,412 | -27.6% |
| Non-recurring operating charges | 66A | €5,667 | €21,200 | +€15,533 | +274.1% |
| Gross operating margin | 9900 | €1,204,642 | €733,338 | -€471,304 | -39.1% |
| Operating profit (loss) | 9901 | €246,951 | -€131,139 | -€378,090 | |
| Financial income | 75/76B | €19,087 | €6,140 | -€12,947 | -67.8% |
| Recurring financial income | 75 | €19,087 | €6,140 | -€12,947 | -67.8% |
| Financial charges | 65/66B | €2,960 | €4,771 | +€1,810 | +61.2% |
| Recurring financial charges | 65 | €2,960 | €4,771 | +€1,810 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | €263,078 | -€129,770 | -€392,847 | |
| Income taxes | 67/77 | €136,380 | €52,829 | -€83,551 | -61.3% |
| Profit (loss) for the period | 9904 | €126,698 | -€182,599 | -€309,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €126,698 | -€182,599 | -€309,296 |
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 8 October 2026 via checked.be.