Laon: 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.
Laon
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€134,108
down €134,108 (-53.8%), from €249,314 to €115,206
mainly Current investments (-€200,000) and Receivables within one year (-€33,762)
- Receivables within one year +€33,762
up €33,762 (+56.0%), from €60,255 to €94,018
of which Trade receivables: +€37,731
- Reserves +€131,937
up €131,937 (+77.6%), from €170,055 to €301,992
of which Distributable reserves: +€89,837
- Advances received -€16,999
down €16,999 (-26.7%), from €63,673 to €46,674
- Other debts -€15,000
down €15,000 (-100%), from €15,000 to €0
- Trade debts -€10,738
down €10,738 (-24.0%), from €44,746 to €34,007
- Current portion of long-term debt +€8,411
up €8,411, from €0 to €8,411
- Gross operating margin +€18,522
up €18,522 (+11.8%), from €156,612 to €175,133
- Taxes +€4,927
up €4,927 (+12.5%), from €39,336 to €44,263
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 | €312,024 | €409,666 | +€97,642 | +31.3% |
| Current assets | 29/58 | €312,024 | €409,666 | +€97,642 | +31.3% |
| Amounts receivable within one year | 40/41 | €60,255 | €94,018 | +€33,762 | +56.0% |
| Trade receivables | 40 | €42,745 | €80,476 | +€37,731 | +88.3% |
| Other amounts receivable | 41 | €17,511 | €13,542 | -€3,969 | -22.7% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €249,314 | €115,206 | -€134,108 | -53.8% |
| Deferred charges and accrued income | 490/1 | €2,454 | €442 | -€2,012 | -82.0% |
| Total equity and liabilities | 10/49 | €312,024 | €409,666 | +€97,642 | +31.3% |
| Equity | 10/15 | €188,605 | €320,542 | +€131,937 | +70.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €170,055 | €301,992 | +€131,937 | +77.6% |
| Tax-exempt reserves | 132 | €88,410 | €130,510 | +€42,100 | +47.6% |
| Distributable reserves | 133 | €81,645 | €171,482 | +€89,837 | +110% |
| Amounts payable | 17/49 | €123,419 | €89,124 | -€34,295 | -27.8% |
| Amounts payable within one year | 42/48 | €123,419 | €89,092 | -€34,327 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | €8,411 | +€8,411 | |
| Trade debts | 44 | €44,746 | €34,007 | -€10,738 | -24.0% |
| Suppliers | 440/4 | €44,746 | €34,007 | -€10,738 | -24.0% |
| Advances received on contracts in progress | 46 | €63,673 | €46,674 | -€16,999 | -26.7% |
| Other amounts payable | 47/48 | €15,000 | €0 | -€15,000 | -100% |
| Accrued charges and deferred income | 492/3 | - | €32 | +€32 | |
| Other operating charges | 640/8 | €1,021 | €520 | -€501 | -49.1% |
| Gross operating margin | 9900 | €156,612 | €175,133 | +€18,522 | +11.8% |
| Operating profit (loss) | 9901 | €155,591 | €174,613 | +€19,022 | +12.2% |
| Financial income | 75/76B | €1,716 | €2,703 | +€987 | +57.5% |
| Recurring financial income | 75 | €1,716 | €2,703 | +€987 | +57.5% |
| Financial charges | 65/66B | €1,165 | €1,117 | -€48 | -4.2% |
| Recurring financial charges | 65 | €1,165 | €1,117 | -€48 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €156,142 | €176,200 | +€20,058 | +12.8% |
| Income taxes | 67/77 | €39,336 | €44,263 | +€4,927 | +12.5% |
| Profit (loss) for the period | 9904 | €116,806 | €131,937 | +€15,131 | +13.0% |
| Transfer to tax-exempt reserves | 689 | €63,150 | €42,100 | -€21,050 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €53,656 | €89,837 | +€36,181 | +67.4% |
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 18 October 2026 via checked.be.