Patrick et Pierre Lassence: 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.
Patrick et Pierre Lassence
Largest movements
- Cash +€59,902
up €59,902 (+15.7%), from €381,793 to €441,695
mainly Other debts (+€300,874) and Tax, wage and social debts (+€97,635)
- Receivables within one year -€17,670
down €17,670 (-29.5%), from €59,864 to €42,193
of which Other amounts receivable: -€17,879
- Tangible fixed assets +€15,450
up €15,450 (+5.9%), from €262,874 to €278,324
of which Furniture and vehicles: +€27,588
- Other debts +€300,874
up €300,874 (+13,315%), from €2,260 to €303,134
- Profit (loss) carried forward -€243,223
down €243,223 (-40.8%), from €596,086 to €352,862
- Tax, wage and social debts +€97,635
new in 2025: €97,635
- Reserves -€91,000
down €91,000 (-98.0%), from €92,875 to €1,875
of which Distributable reserves: -€91,000
- Gross operating margin +€83,568
up €83,568 (+154%), from €54,203 to €137,772
- Taxes +€15,836
up €15,836 (+310%), from €5,113 to €20,949
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.
Derived cash bridge
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 | €710,365 | €769,317 | +€58,952 | +8.3% |
| Fixed assets | 21/28 | €262,874 | €278,324 | +€15,450 | +5.9% |
| Tangible fixed assets | 22/27 | €262,874 | €278,324 | +€15,450 | +5.9% |
| Land and buildings | 22 | €143,903 | €135,696 | -€8,206 | -5.7% |
| Plant, machinery and equipment | 23 | €65,193 | €61,260 | -€3,932 | -6.0% |
| Furniture and vehicles | 24 | €53,779 | €81,367 | +€27,588 | +51.3% |
| Current assets | 29/58 | €447,491 | €490,993 | +€43,502 | +9.7% |
| Amounts receivable within one year | 40/41 | €59,864 | €42,193 | -€17,670 | -29.5% |
| Trade receivables | 40 | €25,967 | €26,175 | +€208 | +0.8% |
| Other amounts receivable | 41 | €33,897 | €16,018 | -€17,879 | -52.7% |
| Cash at bank and in hand | 54/58 | €381,793 | €441,695 | +€59,902 | +15.7% |
| Deferred charges and accrued income | 490/1 | €5,835 | €7,105 | +€1,270 | +21.8% |
| Total equity and liabilities | 10/49 | €710,365 | €769,317 | +€58,952 | +8.3% |
| Equity | 10/15 | €701,521 | €367,298 | -€334,223 | -47.6% |
| Contributions | 10/11 | €12,560 | €12,560 | = | 0.0% |
| Reserves | 13 | €92,875 | €1,875 | -€91,000 | -98.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €91,000 | - | -€91,000 | |
| Profit (loss) carried forward | 14 | €596,086 | €352,862 | -€243,223 | -40.8% |
| Amounts payable | 17/49 | €8,844 | €402,019 | +€393,175 | +4,446% |
| Amounts payable within one year | 42/48 | €7,594 | €400,769 | +€393,175 | +5,177% |
| Trade debts | 44 | €5,335 | - | -€5,335 | |
| Suppliers | 440/4 | €5,335 | - | -€5,335 | |
| Taxes, remuneration and social security | 45 | - | €97,635 | +€97,635 | |
| Taxes | 450/3 | - | €97,635 | +€97,635 | |
| Other amounts payable | 47/48 | €2,260 | €303,134 | +€300,874 | +13,315% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,329 | €47,439 | +€110 | +0.2% |
| Other operating charges | 640/8 | €7,109 | €7,706 | +€597 | +8.4% |
| Non-recurring operating charges | 66A | €1,438 | €560 | -€877 | -61.0% |
| Gross operating margin | 9900 | €54,203 | €137,772 | +€83,568 | +154% |
| Operating profit (loss) | 9901 | -€1,673 | €82,065 | +€83,738 | |
| Financial income | 75/76B | €1,017 | €2,241 | +€1,224 | +120% |
| Recurring financial income | 75 | €1,017 | €2,241 | +€1,224 | +120% |
| Financial charges | 65/66B | €918 | €588 | -€330 | -36.0% |
| Recurring financial charges | 65 | €918 | €588 | -€330 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,573 | €83,719 | +€85,292 | |
| Income taxes | 67/77 | €5,113 | €20,949 | +€15,836 | +310% |
| Profit (loss) for the period | 9904 | -€6,686 | €62,770 | +€69,456 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,686 | €62,770 | +€69,456 |
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 19 October 2026 via checked.be.