AMAND LAURENCE: 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.
AMAND LAURENCE
Largest movements
- Current investments +€242,500
up €242,500 (+33.0%), from €734,920 to €977,420
- Cash -€55,190
down €55,190 (-86.6%), from €63,723 to €8,533
mainly Current investments (-€242,500) and Trade debts (-€29,264)
- Tangible fixed assets -€21,954
down €21,954 (-3.8%), from €571,537 to €549,583
of which Land and buildings: -€12,387
- Reserves +€215,000
up €215,000 (+24.7%), from €869,945 to €1.1m
- Trade debts -€29,264
down €29,264 (-55.8%), from €52,443 to €23,179
- Debts after one year -€23,834
down €23,834 (-6.8%), from €351,270 to €327,436
- Financial income -€62,509
down €62,509 (-99.8%), from €62,643 to €135
- Gross operating margin +€35,872
up €35,872 (+10.8%), from €332,036 to €367,908
- Depreciation +€9,115
up €9,115 (+45.9%), from €19,875 to €28,990
- Taxes +€4,314
up €4,314 (+4.3%), from €99,478 to €103,792
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 | €1,756,137 | €1,925,790 | +€169,653 | +9.7% |
| Fixed assets | 21/28 | €572,236 | €550,282 | -€21,954 | -3.8% |
| Tangible fixed assets | 22/27 | €571,537 | €549,583 | -€21,954 | -3.8% |
| Land and buildings | 22 | €464,083 | €451,696 | -€12,387 | -2.7% |
| Plant, machinery and equipment | 23 | €69,015 | €62,001 | -€7,014 | -10.2% |
| Furniture and vehicles | 24 | €38,439 | €35,886 | -€2,553 | -6.6% |
| Financial fixed assets | 28 | €699 | €699 | = | 0.0% |
| Current assets | 29/58 | €1,183,901 | €1,375,508 | +€191,607 | +16.2% |
| Amounts receivable within one year | 40/41 | €385,259 | €389,273 | +€4,014 | +1.0% |
| Trade receivables | 40 | €149,681 | €114,149 | -€35,532 | -23.7% |
| Other amounts receivable | 41 | €235,578 | €275,124 | +€39,546 | +16.8% |
| Current investments | 50/53 | €734,920 | €977,420 | +€242,500 | +33.0% |
| Cash at bank and in hand | 54/58 | €63,723 | €8,533 | -€55,190 | -86.6% |
| Deferred charges and accrued income | 490/1 | - | €283 | +€283 | |
| Total equity and liabilities | 10/49 | €1,756,137 | €1,925,790 | +€169,653 | +9.7% |
| Equity | 10/15 | €1,220,048 | €1,438,117 | +€218,069 | +17.9% |
| Contributions | 10/11 | €145,029 | €145,029 | = | 0.0% |
| Reserves | 13 | €869,945 | €1,084,945 | +€215,000 | +24.7% |
| Distributable reserves | 133 | €869,945 | €1,084,945 | +€215,000 | +24.7% |
| Profit (loss) carried forward | 14 | €205,074 | €208,143 | +€3,069 | +1.5% |
| Amounts payable | 17/49 | €536,089 | €487,673 | -€48,416 | -9.0% |
| Amounts payable after more than one year | 17 | €351,270 | €327,436 | -€23,834 | -6.8% |
| Financial debts | 170/4 | €351,270 | €327,436 | -€23,834 | -6.8% |
| Amounts payable within one year | 42/48 | €184,819 | €160,237 | -€24,582 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €31,517 | €41,618 | +€10,100 | +32.0% |
| Trade debts | 44 | €52,443 | €23,179 | -€29,264 | -55.8% |
| Suppliers | 440/4 | €52,443 | €23,179 | -€29,264 | -55.8% |
| Taxes, remuneration and social security | 45 | €100,449 | €95,031 | -€5,418 | -5.4% |
| Taxes | 450/3 | €98,550 | €93,018 | -€5,532 | -5.6% |
| Remuneration and social security | 454/9 | €1,899 | €2,013 | +€114 | +6.0% |
| Other amounts payable | 47/48 | €410 | €410 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,875 | €28,990 | +€9,115 | +45.9% |
| Other operating charges | 640/8 | €3,008 | €5,948 | +€2,939 | +97.7% |
| Gross operating margin | 9900 | €332,036 | €367,908 | +€35,872 | +10.8% |
| Operating profit (loss) | 9901 | €309,153 | €332,970 | +€23,818 | +7.7% |
| Financial income | 75/76B | €62,643 | €135 | -€62,509 | -99.8% |
| Recurring financial income | 75 | €62,643 | €135 | -€62,509 | -99.8% |
| Financial charges | 65/66B | €11,976 | €11,245 | -€731 | -6.1% |
| Recurring financial charges | 65 | €11,976 | €11,245 | -€731 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €359,820 | €321,860 | -€37,960 | -10.5% |
| Income taxes | 67/77 | €99,478 | €103,792 | +€4,314 | +4.3% |
| Profit (loss) for the period | 9904 | €260,342 | €218,069 | -€42,273 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €260,342 | €218,069 | -€42,273 | -16.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.