LAETITIA CAMPAGNA: 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.
LAETITIA CAMPAGNA
Largest movements
- Cash +€23,604
up €23,604 (+88.4%), from €26,690 to €50,294
mainly Net result for the year (+€55,431) and Depreciation (+€3,315)
- Tangible fixed assets +€13,028
up €13,028 (+182%), from €7,162 to €20,189
- Receivables within one year +€10,427
up €10,427 (+20.2%), from €51,619 to €62,046
of which Other amounts receivable: +€14,575
- Reserves +€55,000
up €55,000 (+120%), from €46,000 to €101,000
- Tax, wage and social debts -€9,330
down €9,330 (-40.6%), from €22,980 to €13,650
of which Taxes: -€9,772
- Trade debts +€1,883
up €1,883 (+143%), from €1,319 to €3,202
- Advances received -€1,402
down €1,402 (-24.6%), from €5,700 to €4,298
- Staff costs -€11,262
down €11,262 (-27.7%), from €40,621 to €29,359
- Other operating charges +€5,559
up €5,559 (+323%), from €1,723 to €7,282
- Gross operating margin +€4,764
up €4,764 (+4.5%), from €105,973 to €110,738
- Taxes +€2,312
up €2,312 (+18.2%), from €12,736 to €15,048
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,593 | €133,176 | +€46,583 | +53.8% |
| Fixed assets | 21/28 | €7,287 | €20,315 | +€13,028 | +179% |
| Tangible fixed assets | 22/27 | €7,162 | €20,189 | +€13,028 | +182% |
| Furniture and vehicles | 24 | €7,162 | €20,189 | +€13,028 | +182% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €79,306 | €112,862 | +€33,555 | +42.3% |
| Amounts receivable within one year | 40/41 | €51,619 | €62,046 | +€10,427 | +20.2% |
| Trade receivables | 40 | €5,956 | €1,808 | -€4,148 | -69.6% |
| Other amounts receivable | 41 | €45,663 | €60,238 | +€14,575 | +31.9% |
| Cash at bank and in hand | 54/58 | €26,690 | €50,294 | +€23,604 | +88.4% |
| Deferred charges and accrued income | 490/1 | €997 | €521 | -€476 | -47.7% |
| Total equity and liabilities | 10/49 | €86,593 | €133,176 | +€46,583 | +53.8% |
| Equity | 10/15 | €56,595 | €112,025 | +€55,431 | +97.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €46,000 | €101,000 | +€55,000 | +120% |
| Distributable reserves | 133 | €46,000 | €101,000 | +€55,000 | +120% |
| Profit (loss) carried forward | 14 | €595 | €1,025 | +€431 | +72.4% |
| Amounts payable | 17/49 | €29,999 | €21,151 | -€8,848 | -29.5% |
| Amounts payable within one year | 42/48 | €29,999 | €21,151 | -€8,848 | -29.5% |
| Trade debts | 44 | €1,319 | €3,202 | +€1,883 | +143% |
| Suppliers | 440/4 | €1,319 | €3,202 | +€1,883 | +143% |
| Advances received on contracts in progress | 46 | €5,700 | €4,298 | -€1,402 | -24.6% |
| Taxes, remuneration and social security | 45 | €22,980 | €13,650 | -€9,330 | -40.6% |
| Taxes | 450/3 | €18,564 | €8,792 | -€9,772 | -52.6% |
| Remuneration and social security | 454/9 | €4,415 | €4,858 | +€443 | +10.0% |
| Remuneration, social security and pensions | 62 | €40,621 | €29,359 | -€11,262 | -27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,980 | €3,315 | -€665 | -16.7% |
| Other operating charges | 640/8 | €1,723 | €7,282 | +€5,559 | +323% |
| Gross operating margin | 9900 | €105,973 | €110,738 | +€4,764 | +4.5% |
| Operating profit (loss) | 9901 | €59,650 | €70,783 | +€11,133 | +18.7% |
| Financial income | 75/76B | €0 | €16 | +€16 | +39,900% |
| Recurring financial income | 75 | €0 | €16 | +€16 | +39,900% |
| Financial charges | 65/66B | €319 | €320 | +€1 | +0.2% |
| Recurring financial charges | 65 | €319 | €320 | +€1 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €59,331 | €70,479 | +€11,148 | +18.8% |
| Income taxes | 67/77 | €12,736 | €15,048 | +€2,312 | +18.2% |
| Profit (loss) for the period | 9904 | €46,595 | €55,431 | +€8,836 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,595 | €55,431 | +€8,836 | +19.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.