BUREAU LAREDO: 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.
BUREAU LAREDO
Largest movements
- Receivables within one year +€19,935
up €19,935 (+106%), from €18,790 to €38,725
of which Other amounts receivable: +€14,332
- Cash -€1,823
down €1,823 (-69.0%), from €2,641 to €818
mainly Receivables within one year (-€19,935) and Trade debts (-€1,160)
- Stocks and contracts -€1,600
down €1,600 (-16.3%), from €9,800 to €8,200
- Deferred charges and accrued income +€631
up €631 (+451%), from €140 to €771
- Profit (loss) carried forward +€15,452
up €15,452, from -€9,486 to €5,966
- Tax, wage and social debts +€2,644
up €2,644 (+55.5%), from €4,760 to €7,404
- Trade debts -€1,160
down €1,160 (-10.3%), from €11,303 to €10,143
- Gross operating margin +€2,772
up €2,772 (+18.0%), from €15,435 to €18,207
- Other operating charges +€1,973
up €1,973 (+1,686%), from €117 to €2,090
- Financial income +€388
new in 2025: €388
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 | €32,121 | €49,264 | +€17,143 | +53.4% |
| Fixed assets | 21/28 | €750 | €750 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €31,371 | €48,514 | +€17,143 | +54.6% |
| Stocks and contracts in progress | 3 | €9,800 | €8,200 | -€1,600 | -16.3% |
| Stocks | 30/36 | €9,800 | €8,200 | -€1,600 | -16.3% |
| Amounts receivable within one year | 40/41 | €18,790 | €38,725 | +€19,935 | +106% |
| Trade receivables | 40 | €18,310 | €23,913 | +€5,603 | +30.6% |
| Other amounts receivable | 41 | €480 | €14,812 | +€14,332 | +2,986% |
| Cash at bank and in hand | 54/58 | €2,641 | €818 | -€1,823 | -69.0% |
| Deferred charges and accrued income | 490/1 | €140 | €771 | +€631 | +451% |
| Total equity and liabilities | 10/49 | €32,121 | €49,264 | +€17,143 | +53.4% |
| Equity | 10/15 | €10,965 | €26,417 | +€15,452 | +141% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,486 | €5,966 | +€15,452 | |
| Amounts payable | 17/49 | €21,156 | €22,847 | +€1,691 | +8.0% |
| Amounts payable within one year | 42/48 | €16,063 | €17,547 | +€1,484 | +9.2% |
| Trade debts | 44 | €11,303 | €10,143 | -€1,160 | -10.3% |
| Suppliers | 440/4 | €11,303 | €10,143 | -€1,160 | -10.3% |
| Taxes, remuneration and social security | 45 | €4,760 | €7,404 | +€2,644 | +55.5% |
| Taxes | 450/3 | €4,760 | €7,404 | +€2,644 | +55.5% |
| Accrued charges and deferred income | 492/3 | €5,093 | €5,300 | +€207 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82 | - | -€82 | |
| Other operating charges | 640/8 | €117 | €2,090 | +€1,973 | +1,686% |
| Gross operating margin | 9900 | €15,435 | €18,207 | +€2,772 | +18.0% |
| Operating profit (loss) | 9901 | €15,236 | €16,117 | +€881 | +5.8% |
| Financial income | 75/76B | - | €388 | +€388 | |
| Recurring financial income | 75 | - | €388 | +€388 | |
| Financial charges | 65/66B | €1,081 | €1,053 | -€28 | -2.6% |
| Recurring financial charges | 65 | €1,081 | €1,053 | -€28 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €14,155 | €15,452 | +€1,297 | +9.2% |
| Profit (loss) for the period | 9904 | €14,155 | €15,452 | +€1,297 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,155 | €15,452 | +€1,297 | +9.2% |
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 21 October 2026 via checked.be.