LAENEN K: what changed
LAENEN K
Largest movements
- Cash -€22,510
down €22,510 (-22.4%), from €100,335 to €77,825
mainly Receivables within one year (-€15,027) and Net result for the year (-€11,890)
- Receivables within one year +€15,027
up €15,027 (+240%), from €6,249 to €21,277
of which Trade receivables: +€19,776
- Tangible fixed assets -€1,917
down €1,917 (-60.5%), from €3,168 to €1,251
- Reserves -€11,890
down €11,890 (-10.8%), from €110,378 to €98,489
- Tax, wage and social debts +€2,529
up €2,529 (+933%), from €271 to €2,800
- Gross operating margin +€9,177
up €9,177 (+49.5%), from -€18,552 to -€9,374
- Taxes -€2,269
down €2,269 (-94.2%), from €2,410 to €141
- Depreciation -€1,922
down €1,922 (-50.1%), from €3,839 to €1,917
- Financial income +€222
up €222 (+938%), from €24 to €245
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,281 | €102,501 | -€8,780 | -7.9% |
| Fixed assets | 21/28 | €3,179 | €1,262 | -€1,917 | -60.3% |
| Tangible fixed assets | 22/27 | €3,168 | €1,251 | -€1,917 | -60.5% |
| Plant, machinery and equipment | 23 | €3,168 | €1,251 | -€1,917 | -60.5% |
| Financial fixed assets | 28 | €11 | €11 | = | 0.0% |
| Current assets | 29/58 | €108,102 | €101,239 | -€6,863 | -6.3% |
| Amounts receivable within one year | 40/41 | €6,249 | €21,277 | +€15,027 | +240% |
| Trade receivables | 40 | - | €19,776 | +€19,776 | |
| Other amounts receivable | 41 | €6,249 | €1,501 | -€4,749 | -76.0% |
| Cash at bank and in hand | 54/58 | €100,335 | €77,825 | -€22,510 | -22.4% |
| Deferred charges and accrued income | 490/1 | €1,518 | €2,137 | +€619 | +40.8% |
| Total equity and liabilities | 10/49 | €111,281 | €102,501 | -€8,780 | -7.9% |
| Equity | 10/15 | €110,378 | €98,489 | -€11,890 | -10.8% |
| Reserves | 13 | €110,378 | €98,489 | -€11,890 | -10.8% |
| Distributable reserves | 133 | €110,378 | €98,489 | -€11,890 | -10.8% |
| Amounts payable | 17/49 | €903 | €4,012 | +€3,110 | +344% |
| Amounts payable within one year | 42/48 | €903 | €4,012 | +€3,110 | +344% |
| Trade debts | 44 | €632 | €1,212 | +€580 | +91.8% |
| Suppliers | 440/4 | €632 | €1,212 | +€580 | +91.8% |
| Taxes, remuneration and social security | 45 | €271 | €2,800 | +€2,529 | +933% |
| Taxes | 450/3 | €271 | €2,800 | +€2,529 | +933% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,839 | €1,917 | -€1,922 | -50.1% |
| Other operating charges | 640/8 | €503 | €556 | +€53 | +10.5% |
| Gross operating margin | 9900 | -€18,552 | -€9,374 | +€9,177 | +49.5% |
| Operating profit (loss) | 9901 | -€22,894 | -€11,847 | +€11,046 | +48.3% |
| Financial income | 75/76B | €24 | €245 | +€222 | +938% |
| Recurring financial income | 75 | €24 | €245 | +€222 | +938% |
| Financial charges | 65/66B | €169 | €147 | -€22 | -13.1% |
| Recurring financial charges | 65 | €169 | €147 | -€22 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,039 | -€11,749 | +€11,290 | +49.0% |
| Income taxes | 67/77 | €2,410 | €141 | -€2,269 | -94.2% |
| Profit (loss) for the period | 9904 | -€25,449 | -€11,890 | +€13,560 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,449 | -€11,890 | +€13,560 | +53.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.