LAERDAL BENELUX: 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.
LAERDAL BENELUX
Largest movements
- Cash -€140,862
down €140,862 (-51.0%), from €276,037 to €135,175
mainly Contributions, distributions and other (-€350,023) and Investment in fixed assets (net) (-€110,169)
- Receivables after one year +€100,000
up €100,000 (+33.3%), from €300,110 to €400,110
- Receivables within one year -€97,646
down €97,646 (-19.3%), from €504,734 to €407,088
of which Trade receivables: -€97,597
- Tangible fixed assets +€63,522
up €63,522 (+121%), from €52,405 to €115,927
of which Plant, machinery and equipment: +€64,418
- Reserves -€96,055
down €96,055 (-25.4%), from €377,731 to €281,676
of which Distributable reserves: -€96,055
- Provisions +€34,000
up €34,000 (+38.6%), from €88,000 to €122,000
- Staff costs +€51,242
up €51,242 (+2.7%), from €1.9m to €1.9m
- Gross operating margin +€33,757
up €33,757 (+1.4%), from €2.4m to €2.4m
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 | €1,272,849 | €1,214,428 | -€58,420 | -4.6% |
| Fixed assets | 21/28 | €161,246 | €237,245 | +€75,999 | +47.1% |
| Tangible fixed assets | 22/27 | €52,405 | €115,927 | +€63,522 | +121% |
| Plant, machinery and equipment | 23 | €50,760 | €115,178 | +€64,418 | +127% |
| Furniture and vehicles | 24 | €1,645 | €749 | -€896 | -54.5% |
| Financial fixed assets | 28 | €108,841 | €121,318 | +€12,477 | +11.5% |
| Current assets | 29/58 | €1,111,602 | €977,183 | -€134,419 | -12.1% |
| Amounts receivable after more than one year | 29 | €300,110 | €400,110 | +€100,000 | +33.3% |
| Other amounts receivable | 291 | €300,110 | €400,110 | +€100,000 | +33.3% |
| Amounts receivable within one year | 40/41 | €504,734 | €407,088 | -€97,646 | -19.3% |
| Trade receivables | 40 | €493,812 | €396,216 | -€97,597 | -19.8% |
| Other amounts receivable | 41 | €10,921 | €10,872 | -€49 | -0.4% |
| Cash at bank and in hand | 54/58 | €276,037 | €135,175 | -€140,862 | -51.0% |
| Deferred charges and accrued income | 490/1 | €30,721 | €34,810 | +€4,088 | +13.3% |
| Total equity and liabilities | 10/49 | €1,272,849 | €1,214,428 | -€58,420 | -4.6% |
| Equity | 10/15 | €577,731 | €481,676 | -€96,055 | -16.6% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €377,731 | €281,676 | -€96,055 | -25.4% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €357,731 | €261,676 | -€96,055 | -26.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €88,000 | €122,000 | +€34,000 | +38.6% |
| Provisions for liabilities and charges | 160/5 | €88,000 | €122,000 | +€34,000 | +38.6% |
| Other liabilities and charges | 164/5 | €88,000 | €122,000 | +€34,000 | +38.6% |
| Amounts payable | 17/49 | €607,118 | €610,753 | +€3,635 | +0.6% |
| Amounts payable within one year | 42/48 | €593,554 | €594,754 | +€1,201 | +0.2% |
| Trade debts | 44 | €159,075 | €159,705 | +€630 | +0.4% |
| Suppliers | 440/4 | €159,075 | €159,705 | +€630 | +0.4% |
| Taxes, remuneration and social security | 45 | €434,479 | €435,049 | +€570 | +0.1% |
| Remuneration and social security | 454/9 | €434,479 | €435,049 | +€570 | +0.1% |
| Accrued charges and deferred income | 492/3 | €13,564 | €15,998 | +€2,434 | +17.9% |
| Remuneration, social security and pensions | 62 | €1,885,026 | €1,936,269 | +€51,242 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,083 | €34,171 | +€6,088 | +21.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €22,000 | €34,000 | +€12,000 | +54.5% |
| Other operating charges | 640/8 | €1,353 | €1,399 | +€46 | +3.4% |
| Gross operating margin | 9900 | €2,393,602 | €2,427,359 | +€33,757 | +1.4% |
| Operating profit (loss) | 9901 | €457,140 | €421,521 | -€35,619 | -7.8% |
| Financial income | 75/76B | €20,212 | €12,949 | -€7,263 | -35.9% |
| Recurring financial income | 75 | €20,212 | €12,949 | -€7,263 | -35.9% |
| Financial charges | 65/66B | €18,539 | €24,127 | +€5,588 | +30.1% |
| Recurring financial charges | 65 | €18,539 | €24,127 | +€5,588 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €458,813 | €410,342 | -€48,471 | -10.6% |
| Income taxes | 67/77 | €171,298 | €156,375 | -€14,923 | -8.7% |
| Profit (loss) for the period | 9904 | €287,515 | €253,967 | -€33,547 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €287,515 | €253,967 | -€33,547 | -11.7% |
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 1 November 2026 via checked.be.