FABIO LAERA: 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.
FABIO LAERA
Largest movements
- Receivables after one year +€55,000
new in 2025: €55,000
- Cash -€20,747
down €20,747 (-41.3%), from €50,181 to €29,434
mainly Receivables after one year (-€55,000) and Stocks and contracts (-€3,016)
- Financial fixed assets -€7,875
no longer reported in 2025 (was €7,875)
- Stocks and contracts +€3,016
new in 2025: €3,016
- Receivables within one year +€2,735
up €2,735 (+140%), from €1,947 to €4,682
of which Other amounts receivable: +€3,478
- Reserves +€18,442
up €18,442 (+86.4%), from €21,353 to €39,795
- Tax, wage and social debts +€14,461
up €14,461 (+232%), from €6,230 to €20,692
of which Taxes: +€14,301
- Other debts -€1,710
down €1,710 (-5.3%), from €32,326 to €30,617
- Gross operating margin -€840
down €840 (-3.1%), from €27,176 to €26,336
- Other operating charges -€646
down €646 (-56.2%), from €1,151 to €505
- Financial income +€477
up €477 (+135%), from €354 to €830
- Financial charges +€394
up €394 (+40.2%), from €979 to €1,373
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 | €63,070 | €94,103 | +€31,034 | +49.2% |
| Fixed assets | 21/28 | €10,942 | €1,972 | -€8,970 | -82.0% |
| Tangible fixed assets | 22/27 | €3,067 | €1,972 | -€1,095 | -35.7% |
| Plant, machinery and equipment | 23 | €835 | €428 | -€407 | -48.8% |
| Other tangible fixed assets | 26 | €2,232 | €1,544 | -€687 | -30.8% |
| Financial fixed assets | 28 | €7,875 | - | -€7,875 | |
| Current assets | 29/58 | €52,128 | €92,131 | +€40,003 | +76.7% |
| Amounts receivable after more than one year | 29 | - | €55,000 | +€55,000 | |
| Other amounts receivable | 291 | - | €55,000 | +€55,000 | |
| Stocks and contracts in progress | 3 | - | €3,016 | +€3,016 | |
| Stocks | 30/36 | - | €3,016 | +€3,016 | |
| Amounts receivable within one year | 40/41 | €1,947 | €4,682 | +€2,735 | +140% |
| Trade receivables | 40 | €1,947 | €1,203 | -€744 | -38.2% |
| Other amounts receivable | 41 | - | €3,478 | +€3,478 | |
| Cash at bank and in hand | 54/58 | €50,181 | €29,434 | -€20,747 | -41.3% |
| Total equity and liabilities | 10/49 | €63,070 | €94,103 | +€31,034 | +49.2% |
| Equity | 10/15 | €24,353 | €42,795 | +€18,442 | +75.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €21,353 | €39,795 | +€18,442 | +86.4% |
| Distributable reserves | 133 | €21,353 | €39,795 | +€18,442 | +86.4% |
| Amounts payable | 17/49 | €38,717 | €51,308 | +€12,592 | +32.5% |
| Amounts payable within one year | 42/48 | €38,717 | €51,308 | +€12,592 | +32.5% |
| Financial debts | 43 | €160 | - | -€160 | |
| Credit institutions | 430/8 | €160 | - | -€160 | |
| Taxes, remuneration and social security | 45 | €6,230 | €20,692 | +€14,461 | +232% |
| Taxes | 450/3 | €6,230 | €20,532 | +€14,301 | +230% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €32,326 | €30,617 | -€1,710 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,075 | €1,095 | +€20 | +1.9% |
| Other operating charges | 640/8 | €1,151 | €505 | -€646 | -56.2% |
| Gross operating margin | 9900 | €27,176 | €26,336 | -€840 | -3.1% |
| Operating profit (loss) | 9901 | €24,951 | €24,737 | -€214 | -0.9% |
| Financial income | 75/76B | €354 | €830 | +€477 | +135% |
| Recurring financial income | 75 | €354 | €830 | +€477 | +135% |
| Financial charges | 65/66B | €979 | €1,373 | +€394 | +40.2% |
| Recurring financial charges | 65 | €979 | €1,373 | +€394 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | €24,325 | €24,194 | -€131 | -0.5% |
| Income taxes | 67/77 | €5,694 | €5,752 | +€58 | +1.0% |
| Profit (loss) for the period | 9904 | €18,631 | €18,442 | -€189 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,631 | €18,442 | -€189 | -1.0% |
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 25 October 2026 via checked.be.