TP LASWERKEN: 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.
TP LASWERKEN
Largest movements
- Tangible fixed assets +€344,836
up €344,836 (+3,738%), from €9,224 to €354,060
of which Land and buildings: +€339,360
- Receivables after one year +€103,991
up €103,991 (+218%), from €47,661 to €151,651
- Current investments +€50,000
up €50,000 (+25.0%), from €200,000 to €250,000
- Cash +€34,588
up €34,588 (+117%), from €29,625 to €64,212
mainly Debts after one year (+€345,788) and Net result for the year (+€120,183)
- Receivables within one year -€15,525
down €15,525 (-32.9%), from €47,208 to €31,683
of which Trade receivables: -€13,680
- Debts after one year +€345,788
up €345,788 (+14,365%), from €2,407 to €348,195
- Reserves +€120,180
up €120,180 (+45.0%), from €266,955 to €387,135
- Current portion of long-term debt +€35,218
up €35,218 (+1,920%), from €1,834 to €37,052
- Gross operating margin +€72,399
up €72,399 (+32.3%), from €223,917 to €296,316
- Depreciation +€57,423
up €57,423 (+1,579%), from €3,636 to €61,059
- Financial charges +€7,082
up €7,082 (+176%), from €4,022 to €11,105
- Staff costs -€6,573
down €6,573 (-10.1%), from €64,800 to €58,227
- Taxes +€5,761
up €5,761 (+12.3%), from €46,767 to €52,528
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 | €338,346 | €856,473 | +€518,126 | +153% |
| Fixed assets | 21/28 | €9,224 | €354,060 | +€344,836 | +3,738% |
| Tangible fixed assets | 22/27 | €9,224 | €354,060 | +€344,836 | +3,738% |
| Land and buildings | 22 | - | €339,360 | +€339,360 | |
| Plant, machinery and equipment | 23 | €8,141 | €13,351 | +€5,210 | +64.0% |
| Furniture and vehicles | 24 | €1,084 | €1,349 | +€266 | +24.5% |
| Current assets | 29/58 | €329,122 | €502,412 | +€173,290 | +52.7% |
| Amounts receivable after more than one year | 29 | €47,661 | €151,651 | +€103,991 | +218% |
| Other amounts receivable | 291 | €47,661 | €151,651 | +€103,991 | +218% |
| Amounts receivable within one year | 40/41 | €47,208 | €31,683 | -€15,525 | -32.9% |
| Trade receivables | 40 | €42,549 | €28,869 | -€13,680 | -32.2% |
| Other amounts receivable | 41 | €4,659 | €2,814 | -€1,846 | -39.6% |
| Current investments | 50/53 | €200,000 | €250,000 | +€50,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €29,625 | €64,212 | +€34,588 | +117% |
| Deferred charges and accrued income | 490/1 | €4,629 | €4,866 | +€237 | +5.1% |
| Total equity and liabilities | 10/49 | €338,346 | €856,473 | +€518,126 | +153% |
| Equity | 10/15 | €319,140 | €439,323 | +€120,183 | +37.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €266,955 | €387,135 | +€120,180 | +45.0% |
| Distributable reserves | 133 | €266,955 | €387,135 | +€120,180 | +45.0% |
| Profit (loss) carried forward | 14 | €39,785 | €39,788 | +€3 | 0.0% |
| Amounts payable | 17/49 | €19,207 | €417,149 | +€397,943 | +2,072% |
| Amounts payable after more than one year | 17 | €2,407 | €348,195 | +€345,788 | +14,365% |
| Financial debts | 170/4 | €2,407 | €348,195 | +€345,788 | +14,365% |
| Amounts payable within one year | 42/48 | €16,800 | €68,954 | +€52,154 | +310% |
| Current portion of amounts payable after more than one year | 42 | €1,834 | €37,052 | +€35,218 | +1,920% |
| Financial debts | 43 | - | €8,407 | +€8,407 | |
| Credit institutions | 430/8 | - | €8,407 | +€8,407 | |
| Trade debts | 44 | €4,674 | €5,643 | +€969 | +20.7% |
| Suppliers | 440/4 | €4,674 | €5,643 | +€969 | +20.7% |
| Taxes, remuneration and social security | 45 | €10,291 | €17,852 | +€7,561 | +73.5% |
| Taxes | 450/3 | - | €11,919 | +€11,919 | |
| Remuneration and social security | 454/9 | €10,291 | €5,933 | -€4,358 | -42.3% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €64,800 | €58,227 | -€6,573 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,636 | €61,059 | +€57,423 | +1,579% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€500 | - | +€500 | |
| Other operating charges | 640/8 | €3,056 | €1,835 | -€1,221 | -39.9% |
| Gross operating margin | 9900 | €223,917 | €296,316 | +€72,399 | +32.3% |
| Operating profit (loss) | 9901 | €152,925 | €175,194 | +€22,270 | +14.6% |
| Financial income | 75/76B | €5,313 | €8,622 | +€3,309 | +62.3% |
| Recurring financial income | 75 | €5,313 | €8,622 | +€3,309 | +62.3% |
| Financial charges | 65/66B | €4,022 | €11,105 | +€7,082 | +176% |
| Recurring financial charges | 65 | €4,022 | €11,105 | +€7,082 | +176% |
| Profit (loss) for the period before taxes | 9903 | €154,215 | €172,712 | +€18,496 | +12.0% |
| Income taxes | 67/77 | €46,767 | €52,528 | +€5,761 | +12.3% |
| Profit (loss) for the period | 9904 | €107,448 | €120,183 | +€12,736 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €107,448 | €120,183 | +€12,736 | +11.9% |
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 15 October 2026 via checked.be.