D Laenens: 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.
D Laenens
Largest movements
- Cash +€56,884
up €56,884 (+293%), from €19,419 to €76,303
mainly Net result for the year (+€89,872) and Tax, wage and social debts (+€28,198)
- Deferred charges and accrued income +€51,852
up €51,852 (+831%), from €6,243 to €58,094
- Tangible fixed assets +€6,118
new in 2025: €6,118
- Profit (loss) carried forward +€89,872
up €89,872 (+721%), from €12,466 to €102,338
- Tax, wage and social debts +€28,198
up €28,198 (+1,013%), from €2,783 to €30,981
of which Taxes: +€25,233
- Trade debts -€4,083
down €4,083 (-69.0%), from €5,916 to €1,833
- Gross operating margin +€99,921
up €99,921 (+601%), from €16,633 to €116,553
- Taxes +€20,683
up €20,683 (+577%), from €3,583 to €24,266
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 | €25,911 | €140,515 | +€114,604 | +442% |
| Fixed assets | 21/28 | - | €6,118 | +€6,118 | |
| Tangible fixed assets | 22/27 | - | €6,118 | +€6,118 | |
| Furniture and vehicles | 24 | - | €6,118 | +€6,118 | |
| Current assets | 29/58 | €25,911 | €134,397 | +€108,486 | +419% |
| Amounts receivable within one year | 40/41 | €250 | €0 | -€250 | -100% |
| Other amounts receivable | 41 | €250 | €0 | -€250 | -100% |
| Cash at bank and in hand | 54/58 | €19,419 | €76,303 | +€56,884 | +293% |
| Deferred charges and accrued income | 490/1 | €6,243 | €58,094 | +€51,852 | +831% |
| Total equity and liabilities | 10/49 | €25,911 | €140,515 | +€114,604 | +442% |
| Equity | 10/15 | €15,466 | €105,338 | +€89,872 | +581% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,466 | €102,338 | +€89,872 | +721% |
| Amounts payable | 17/49 | €10,445 | €35,177 | +€24,732 | +237% |
| Amounts payable within one year | 42/48 | €10,445 | €35,177 | +€24,732 | +237% |
| Trade debts | 44 | €5,916 | €1,833 | -€4,083 | -69.0% |
| Suppliers | 440/4 | €5,916 | €1,833 | -€4,083 | -69.0% |
| Taxes, remuneration and social security | 45 | €2,783 | €30,981 | +€28,198 | +1,013% |
| Taxes | 450/3 | €2,783 | €28,016 | +€25,233 | +907% |
| Remuneration and social security | 454/9 | - | €2,965 | +€2,965 | |
| Other amounts payable | 47/48 | €1,746 | €2,363 | +€617 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €637 | +€637 | |
| Other operating charges | 640/8 | €371 | €469 | +€98 | +26.3% |
| Gross operating margin | 9900 | €16,633 | €116,553 | +€99,921 | +601% |
| Operating profit (loss) | 9901 | €16,262 | €115,448 | +€99,186 | +610% |
| Financial income | 75/76B | €20 | €0 | -€20 | -100% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100% |
| Financial charges | 65/66B | €232 | €1,310 | +€1,078 | +464% |
| Recurring financial charges | 65 | €232 | €1,310 | +€1,078 | +464% |
| Profit (loss) for the period before taxes | 9903 | €16,049 | €114,138 | +€98,088 | +611% |
| Income taxes | 67/77 | €3,583 | €24,266 | +€20,683 | +577% |
| Profit (loss) for the period | 9904 | €12,466 | €89,872 | +€77,406 | +621% |
| Profit (loss) for the period to be appropriated | 9905 | €12,466 | €89,872 | +€77,406 | +621% |
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 22 October 2026 via checked.be.