LALEY: what changed
LALEY
Largest movements
- Cash +€29,595
up €29,595 (+47.8%), from €61,914 to €91,509
mainly Net result for the year (+€56,535) and Tax, wage and social debts (+€6,033)
- Receivables within one year +€15,236
up €15,236 (+106%), from €14,355 to €29,591
of which Trade receivables: +€15,251
- Tangible fixed assets +€9,135
up €9,135 (+15.2%), from €59,982 to €69,117
of which Land and buildings: +€7,469
- Receivables after one year +€5,572
up €5,572 (+20.8%), from €26,741 to €32,313
- Deferred charges and accrued income +€2,275
up €2,275 (+5,393%), from €42 to €2,317
- Profit (loss) carried forward +€56,535
up €56,535 (+93.3%), from €60,590 to €117,124
- Tax, wage and social debts +€6,033
up €6,033 (+91.8%), from €6,572 to €12,605
- Debts after one year -€2,648
down €2,648 (-4.5%), from €59,238 to €56,590
- Gross operating margin +€46,519
up €46,519 (+88.0%), from €52,844 to €99,363
- Write-downs +€12,711
new in 2025: €12,711
- Taxes +€10,769
up €10,769 (+104%), from €10,324 to €21,093
- Staff costs -€1,600
down €1,600 (-83.3%), from €1,920 to €320
- Financial income -€1,445
down €1,445 (-80.1%), from €1,805 to €360
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,033 | €224,847 | +€61,814 | +37.9% |
| Fixed assets | 21/28 | €59,982 | €69,117 | +€9,135 | +15.2% |
| Tangible fixed assets | 22/27 | €59,982 | €69,117 | +€9,135 | +15.2% |
| Land and buildings | 22 | €59,209 | €66,679 | +€7,469 | +12.6% |
| Furniture and vehicles | 24 | €773 | €2,439 | +€1,666 | +216% |
| Current assets | 29/58 | €103,051 | €155,730 | +€52,679 | +51.1% |
| Amounts receivable after more than one year | 29 | €26,741 | €32,313 | +€5,572 | +20.8% |
| Other amounts receivable | 291 | €26,741 | €32,313 | +€5,572 | +20.8% |
| Amounts receivable within one year | 40/41 | €14,355 | €29,591 | +€15,236 | +106% |
| Trade receivables | 40 | €5,658 | €20,909 | +€15,251 | +270% |
| Other amounts receivable | 41 | €8,697 | €8,682 | -€14 | -0.2% |
| Cash at bank and in hand | 54/58 | €61,914 | €91,509 | +€29,595 | +47.8% |
| Deferred charges and accrued income | 490/1 | €42 | €2,317 | +€2,275 | +5,393% |
| Total equity and liabilities | 10/49 | €163,033 | €224,847 | +€61,814 | +37.9% |
| Equity | 10/15 | €89,513 | €146,048 | +€56,535 | +63.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €25,924 | €25,924 | = | 0.0% |
| Distributable reserves | 133 | €25,924 | €25,924 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,590 | €117,124 | +€56,535 | +93.3% |
| Amounts payable | 17/49 | €73,520 | €78,799 | +€5,279 | +7.2% |
| Amounts payable after more than one year | 17 | €59,238 | €56,590 | -€2,648 | -4.5% |
| Financial debts | 170/4 | €59,238 | €56,590 | -€2,648 | -4.5% |
| Amounts payable within one year | 42/48 | €14,282 | €22,209 | +€7,927 | +55.5% |
| Current portion of amounts payable after more than one year | 42 | €2,545 | €2,648 | +€103 | +4.0% |
| Trade debts | 44 | €5,165 | €6,956 | +€1,791 | +34.7% |
| Suppliers | 440/4 | €5,165 | €6,956 | +€1,791 | +34.7% |
| Taxes, remuneration and social security | 45 | €6,572 | €12,605 | +€6,033 | +91.8% |
| Taxes | 450/3 | €6,572 | €12,605 | +€6,033 | +91.8% |
| Remuneration, social security and pensions | 62 | €1,920 | €320 | -€1,600 | -83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,710 | €4,422 | +€712 | +19.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,711 | +€12,711 | |
| Other operating charges | 640/8 | €1,117 | €1,696 | +€579 | +51.8% |
| Non-recurring operating charges | 66A | - | €28 | +€28 | |
| Gross operating margin | 9900 | €52,844 | €99,363 | +€46,519 | +88.0% |
| Operating profit (loss) | 9901 | €46,097 | €80,187 | +€34,090 | +74.0% |
| Financial income | 75/76B | €1,805 | €360 | -€1,445 | -80.1% |
| Recurring financial income | 75 | €1,805 | €360 | -€1,445 | -80.1% |
| Financial charges | 65/66B | €3,849 | €2,919 | -€930 | -24.2% |
| Recurring financial charges | 65 | €3,849 | €2,919 | -€930 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €44,053 | €77,628 | +€33,575 | +76.2% |
| Income taxes | 67/77 | €10,324 | €21,093 | +€10,769 | +104% |
| Profit (loss) for the period | 9904 | €33,729 | €56,535 | +€22,806 | +67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,729 | €56,535 | +€22,806 | +67.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.