Laervelden: 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.
Laervelden
Largest movements
- Tangible fixed assets -€35,446
down €35,446 (-2.6%), from €1.4m to €1.3m
of which Land and buildings: -€36,704
- Cash -€22,541
down €22,541 (-26.3%), from €85,585 to €63,044
mainly Debts after one year (-€24,391) and Trade debts (-€12,582)
- Reserves -€31,003
down €31,003 (-3.6%), from €857,229 to €826,226
of which Tax-exempt reserves: -€31,003
- Debts after one year -€24,391
down €24,391 (-6.2%), from €393,859 to €369,468
- Profit (loss) carried forward +€20,340
up €20,340 (+64.7%), from -€31,429 to -€11,089
- Financial income +€3,122
up €3,122 (+68.6%), from €4,551 to €7,673
- Depreciation +€1,349
up €1,349 (+3.2%), from €42,775 to €44,124
- Financial charges -€682
down €682 (-3.6%), from €18,690 to €18,008
- Gross operating margin -€487
down €487 (-1.3%), from €36,957 to €36,469
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 | €1,525,008 | €1,468,024 | -€56,983 | -3.7% |
| Fixed assets | 21/28 | €1,360,856 | €1,325,410 | -€35,446 | -2.6% |
| Tangible fixed assets | 22/27 | €1,360,856 | €1,325,410 | -€35,446 | -2.6% |
| Land and buildings | 22 | €1,292,701 | €1,255,998 | -€36,704 | -2.8% |
| Furniture and vehicles | 24 | €16,869 | €12,628 | -€4,240 | -25.1% |
| Other tangible fixed assets | 26 | €51,286 | €56,784 | +€5,498 | +10.7% |
| Current assets | 29/58 | €164,152 | €142,615 | -€21,537 | -13.1% |
| Amounts receivable within one year | 40/41 | €78,567 | €67,315 | -€11,252 | -14.3% |
| Trade receivables | 40 | €9,930 | - | -€9,930 | |
| Other amounts receivable | 41 | €68,637 | €67,315 | -€1,322 | -1.9% |
| Current investments | 50/53 | - | €9,756 | +€9,756 | |
| Cash at bank and in hand | 54/58 | €85,585 | €63,044 | -€22,541 | -26.3% |
| Deferred charges and accrued income | 490/1 | - | €2,500 | +€2,500 | |
| Total equity and liabilities | 10/49 | €1,525,008 | €1,468,024 | -€56,983 | -3.7% |
| Equity | 10/15 | €848,141 | €837,478 | -€10,663 | -1.3% |
| Contributions | 10/11 | €22,341 | €22,341 | = | 0.0% |
| Reserves | 13 | €857,229 | €826,226 | -€31,003 | -3.6% |
| Tax-exempt reserves | 132 | €740,522 | €709,520 | -€31,003 | -4.2% |
| Distributable reserves | 133 | €116,706 | €116,706 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,429 | -€11,089 | +€20,340 | +64.7% |
| Provisions and deferred taxes | 16 | €246,841 | €236,507 | -€10,334 | -4.2% |
| Deferred taxes | 168 | €246,841 | €236,507 | -€10,334 | -4.2% |
| Amounts payable | 17/49 | €430,026 | €394,040 | -€35,986 | -8.4% |
| Amounts payable after more than one year | 17 | €393,859 | €369,468 | -€24,391 | -6.2% |
| Financial debts | 170/4 | €393,859 | €369,468 | -€24,391 | -6.2% |
| Amounts payable within one year | 42/48 | €36,166 | €24,571 | -€11,595 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €23,405 | €24,392 | +€986 | +4.2% |
| Trade debts | 44 | €12,761 | €180 | -€12,582 | -98.6% |
| Suppliers | 440/4 | €12,761 | €180 | -€12,582 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,775 | €44,124 | +€1,349 | +3.2% |
| Other operating charges | 640/8 | €2,838 | €3,007 | +€169 | +6.0% |
| Gross operating margin | 9900 | €36,957 | €36,469 | -€487 | -1.3% |
| Operating profit (loss) | 9901 | -€8,657 | -€10,662 | -€2,005 | -23.2% |
| Financial income | 75/76B | €4,551 | €7,673 | +€3,122 | +68.6% |
| Recurring financial income | 75 | €4,551 | €7,673 | +€3,122 | +68.6% |
| Financial charges | 65/66B | €18,690 | €18,008 | -€682 | -3.6% |
| Recurring financial charges | 65 | €18,690 | €18,008 | -€682 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,796 | -€20,997 | +€1,799 | +7.9% |
| Transfer from deferred taxes | 780 | €10,708 | €10,334 | -€374 | -3.5% |
| Profit (loss) for the period | 9904 | -€12,088 | -€10,663 | +€1,425 | +11.8% |
| Transfer from tax-exempt reserves | 789 | €32,124 | €31,003 | -€1,121 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,036 | €20,340 | +€304 | +1.5% |
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 14 October 2026 via checked.be.