Dr. Launert: what changed
Two fiscal 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.
Dr. Launert
Largest movements
- Cash +€46,237
up €46,237 (+83.9%), from €55,077 to €101,314
mainly Net result for the year (+€92,275) and Accrued charges and deferred income (+€4,257)
- Receivables within one year +€39,468
up €39,468 (+39.7%), from €99,466 to €138,935
of which Other amounts receivable: +€37,918
- Reserves +€91,416
up €91,416 (+85.1%), from €107,408 to €198,824
- Trade debts -€5,840
down €5,840 (-49.8%), from €11,728 to €5,888
- Accrued charges and deferred income +€4,257
up €4,257 (+152.0%), from €2,800 to €7,057
- Tax, wage and social debts -€4,059
down €4,059 (-14.3%), from €28,468 to €24,410
- Gross operating margin +€45,667
up €45,667 (+66.0%), from €69,180 to €114,846
- Taxes +€11,002
up €11,002 (+82.1%), from €13,408 to €24,410
- Financial income +€4,164
up €4,164 (+159.2%), from €2,616 to €6,780
- Other operating charges -€1,202
down €1,202 (-60.8%), from €1,977 to €774
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,238 | €242,038 | +€85,800 | +54.9% |
| Current assets | 29/58 | €156,238 | €242,038 | +€85,800 | +54.9% |
| Amounts receivable within one year | 40/41 | €99,466 | €138,935 | +€39,468 | +39.7% |
| Trade receivables | 40 | €6,545 | €8,095 | +€1,550 | +23.7% |
| Other amounts receivable | 41 | €92,922 | €130,840 | +€37,918 | +40.8% |
| Cash at bank and in hand | 54/58 | €55,077 | €101,314 | +€46,237 | +83.9% |
| Deferred charges and accrued income | 490/1 | €1,694 | €1,789 | +€95 | +5.6% |
| Total equity and liabilities | 10/49 | €156,238 | €242,038 | +€85,800 | +54.9% |
| Equity | 10/15 | €112,408 | €203,824 | +€91,416 | +81.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €107,408 | €198,824 | +€91,416 | +85.1% |
| Distributable reserves | 133 | €107,408 | €198,824 | +€91,416 | +85.1% |
| Amounts payable | 17/49 | €43,830 | €38,214 | -€5,616 | -12.8% |
| Amounts payable within one year | 42/48 | €41,030 | €31,157 | -€9,873 | -24.1% |
| Trade debts | 44 | €11,728 | €5,888 | -€5,840 | -49.8% |
| Suppliers | 440/4 | €11,728 | €5,888 | -€5,840 | -49.8% |
| Taxes, remuneration and social security | 45 | €28,468 | €24,410 | -€4,059 | -14.3% |
| Taxes | 450/3 | €28,468 | €24,410 | -€4,059 | -14.3% |
| Other amounts payable | 47/48 | €833 | €859 | +€26 | +3.1% |
| Accrued charges and deferred income | 492/3 | €2,800 | €7,057 | +€4,257 | +152.0% |
| Other operating charges | 640/8 | €1,977 | €774 | -€1,202 | -60.8% |
| Gross operating margin | 9900 | €69,180 | €114,846 | +€45,667 | +66.0% |
| Operating profit (loss) | 9901 | €67,203 | €114,072 | +€46,869 | +69.7% |
| Financial income | 75/76B | €2,616 | €6,780 | +€4,164 | +159.2% |
| Recurring financial income | 75 | €2,616 | €6,780 | +€4,164 | +159.2% |
| Financial charges | 65/66B | €4,620 | €4,167 | -€453 | -9.8% |
| Recurring financial charges | 65 | €4,620 | €4,167 | -€453 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €65,199 | €116,685 | +€51,486 | +79.0% |
| Income taxes | 67/77 | €13,408 | €24,410 | +€11,002 | +82.1% |
| Profit (loss) for the period | 9904 | €51,791 | €92,275 | +€40,484 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,791 | €92,275 | +€40,484 | +78.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.