Grondwerken Laureys: 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.
Grondwerken Laureys
Largest movements
- Tangible fixed assets +€174,781
up €174,781 (+257%), from €68,083 to €242,864
of which Leasing and similar rights: +€186,914
- Receivables within one year +€169,858
up €169,858 (+1,191%), from €14,261 to €184,119
of which Trade receivables: +€168,127
- Cash +€46,330
up €46,330 (+571%), from €8,112 to €54,442
mainly Trade debts (+€179,232) and Debts after one year (+€120,415)
- Trade debts +€179,232
up €179,232 (+33,768%), from €531 to €179,763
- Debts after one year +€120,415
up €120,415 (+413%), from €29,166 to €149,582
- Profit (loss) carried forward +€50,295
up €50,295 (+170%), from €29,672 to €79,968
- Current portion of long-term debt +€34,787
up €34,787 (+176%), from €19,769 to €54,556
- Tax, wage and social debts +€5,556
up €5,556 (+67.1%), from €8,281 to €13,837
of which Taxes: +€5,556
- Gross operating margin +€69,791
up €69,791 (+134%), from €52,079 to €121,870
- Depreciation +€16,439
up €16,439 (+62.0%), from €26,526 to €42,965
- Write-downs +€8,000
new in 2025: €8,000
- Taxes +€7,590
up €7,590 (+169%), from €4,486 to €12,076
- Financial charges +€2,236
up €2,236 (+63.9%), from €3,500 to €5,736
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 | €91,679 | €482,688 | +€391,008 | +426% |
| Fixed assets | 21/28 | €68,083 | €242,864 | +€174,781 | +257% |
| Tangible fixed assets | 22/27 | €68,083 | €242,864 | +€174,781 | +257% |
| Plant, machinery and equipment | 23 | €60,605 | €50,002 | -€10,603 | -17.5% |
| Furniture and vehicles | 24 | €7,478 | €5,947 | -€1,531 | -20.5% |
| Leasing and similar rights | 25 | - | €186,914 | +€186,914 | |
| Current assets | 29/58 | €23,596 | €239,823 | +€216,228 | +916% |
| Amounts receivable within one year | 40/41 | €14,261 | €184,119 | +€169,858 | +1,191% |
| Trade receivables | 40 | €14,261 | €182,388 | +€168,127 | +1,179% |
| Other amounts receivable | 41 | €0 | €1,731 | +€1,731 | |
| Cash at bank and in hand | 54/58 | €8,112 | €54,442 | +€46,330 | +571% |
| Deferred charges and accrued income | 490/1 | €1,223 | €1,262 | +€39 | +3.2% |
| Total equity and liabilities | 10/49 | €91,679 | €482,688 | +€391,008 | +426% |
| Equity | 10/15 | €33,172 | €83,468 | +€50,295 | +152% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,672 | €79,968 | +€50,295 | +170% |
| Amounts payable | 17/49 | €58,507 | €399,220 | +€340,713 | +582% |
| Amounts payable after more than one year | 17 | €29,166 | €149,582 | +€120,415 | +413% |
| Financial debts | 170/4 | €29,166 | €149,582 | +€120,415 | +413% |
| Amounts payable within one year | 42/48 | €29,341 | €249,638 | +€220,298 | +751% |
| Current portion of amounts payable after more than one year | 42 | €19,769 | €54,556 | +€34,787 | +176% |
| Trade debts | 44 | €531 | €179,763 | +€179,232 | +33,768% |
| Suppliers | 440/4 | €531 | €179,763 | +€179,232 | +33,768% |
| Taxes, remuneration and social security | 45 | €8,281 | €13,837 | +€5,556 | +67.1% |
| Taxes | 450/3 | €8,281 | €13,837 | +€5,556 | +67.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €760 | €1,482 | +€723 | +95.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,526 | €42,965 | +€16,439 | +62.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,000 | +€8,000 | |
| Other operating charges | 640/8 | €1,452 | €2,797 | +€1,346 | +92.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €52,079 | €121,870 | +€69,791 | +134% |
| Operating profit (loss) | 9901 | €24,101 | €68,107 | +€44,007 | +183% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €3,500 | €5,736 | +€2,236 | +63.9% |
| Recurring financial charges | 65 | €3,500 | €5,736 | +€2,236 | +63.9% |
| Profit (loss) for the period before taxes | 9903 | €20,605 | €62,371 | +€41,766 | +203% |
| Income taxes | 67/77 | €4,486 | €12,076 | +€7,590 | +169% |
| Profit (loss) for the period | 9904 | €16,120 | €50,295 | +€34,176 | +212% |
| Profit (loss) for the period to be appropriated | 9905 | €16,120 | €50,295 | +€34,176 | +212% |
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 24 October 2026 via checked.be.