Algemene Werken Laureys: what changed
Algemene Werken Laureys
Largest movements
- Cash +€76,287
up €76,287 (+246%), from €30,990 to €107,277
mainly Investment in fixed assets (net) (+€44,773) and Deferred charges and accrued income (+€34,363)
- Tangible fixed assets -€60,457
down €60,457 (-36.8%), from €164,285 to €103,828
of which Furniture and vehicles: -€54,524
- Deferred charges and accrued income -€34,363
down €34,363 (-92.6%), from €37,104 to €2,741
- Receivables within one year -€29,074
down €29,074 (-21.7%), from €133,775 to €104,700
of which Trade receivables: -€22,305
- Other debts -€32,354
down €32,354 (-36.7%), from €88,270 to €55,916
- Profit (loss) carried forward +€27,735
up €27,735 (+52.5%), from €52,865 to €80,600
- Trade debts -€26,197
down €26,197 (-46.0%), from €56,912 to €30,714
- Debts after one year -€13,542
down €13,542 (-17.4%), from €77,989 to €64,447
- Tax, wage and social debts -€4,807
down €4,807 (-16.0%), from €30,042 to €25,236
- Depreciation -€18,736
down €18,736 (-54.4%), from €34,420 to €15,684
- Other operating charges +€16,513
up €16,513 (+266%), from €6,211 to €22,725
- Gross operating margin -€15,502
down €15,502 (-17.0%), from €91,296 to €75,794
- Taxes -€4,038
down €4,038 (-36.0%), from €11,229 to €7,191
- Financial income +€3,314
up €3,314 (+3,114%), from €106 to €3,420
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 | €366,153 | €318,545 | -€47,607 | -13.0% |
| Fixed assets | 21/28 | €164,285 | €103,828 | -€60,457 | -36.8% |
| Tangible fixed assets | 22/27 | €164,285 | €103,828 | -€60,457 | -36.8% |
| Plant, machinery and equipment | 23 | €91,321 | €85,387 | -€5,934 | -6.5% |
| Furniture and vehicles | 24 | €72,964 | €18,441 | -€54,524 | -74.7% |
| Current assets | 29/58 | €201,868 | €214,718 | +€12,850 | +6.4% |
| Amounts receivable within one year | 40/41 | €133,775 | €104,700 | -€29,074 | -21.7% |
| Trade receivables | 40 | €109,526 | €87,221 | -€22,305 | -20.4% |
| Other amounts receivable | 41 | €24,249 | €17,480 | -€6,769 | -27.9% |
| Cash at bank and in hand | 54/58 | €30,990 | €107,277 | +€76,287 | +246% |
| Deferred charges and accrued income | 490/1 | €37,104 | €2,741 | -€34,363 | -92.6% |
| Total equity and liabilities | 10/49 | €366,153 | €318,545 | -€47,607 | -13.0% |
| Equity | 10/15 | €85,365 | €113,100 | +€27,735 | +32.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,865 | €80,600 | +€27,735 | +52.5% |
| Amounts payable | 17/49 | €280,788 | €205,446 | -€75,342 | -26.8% |
| Amounts payable after more than one year | 17 | €77,989 | €64,447 | -€13,542 | -17.4% |
| Financial debts | 170/4 | €77,989 | €64,447 | -€13,542 | -17.4% |
| Amounts payable within one year | 42/48 | €202,799 | €139,058 | -€63,741 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €27,575 | €27,192 | -€383 | -1.4% |
| Trade debts | 44 | €56,912 | €30,714 | -€26,197 | -46.0% |
| Suppliers | 440/4 | €56,912 | €30,714 | -€26,197 | -46.0% |
| Taxes, remuneration and social security | 45 | €30,042 | €25,236 | -€4,807 | -16.0% |
| Taxes | 450/3 | €30,042 | €25,236 | -€4,807 | -16.0% |
| Other amounts payable | 47/48 | €88,270 | €55,916 | -€32,354 | -36.7% |
| Accrued charges and deferred income | 492/3 | - | €1,941 | +€1,941 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,420 | €15,684 | -€18,736 | -54.4% |
| Other operating charges | 640/8 | €6,211 | €22,725 | +€16,513 | +266% |
| Gross operating margin | 9900 | €91,296 | €75,794 | -€15,502 | -17.0% |
| Operating profit (loss) | 9901 | €50,664 | €37,385 | -€13,279 | -26.2% |
| Financial income | 75/76B | €106 | €3,420 | +€3,314 | +3,114% |
| Recurring financial income | 75 | €106 | €3,420 | +€3,314 | +3,114% |
| Financial charges | 65/66B | €4,549 | €5,879 | +€1,331 | +29.3% |
| Recurring financial charges | 65 | €4,549 | €5,879 | +€1,331 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €46,222 | €34,926 | -€11,296 | -24.4% |
| Income taxes | 67/77 | €11,229 | €7,191 | -€4,038 | -36.0% |
| Profit (loss) for the period | 9904 | €34,993 | €27,735 | -€7,258 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,993 | €27,735 | -€7,258 | -20.7% |
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 4 November 2026 via checked.be.