LAOUFI Mokhtar: 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.
LAOUFI Mokhtar
Largest movements
- Cash +€28,324
up €28,324 (+15.1%), from €187,585 to €215,909
mainly Net result for the year (+€75,975) and Depreciation (+€2,460)
- Tangible fixed assets +€12,840
up €12,840 (+218%), from €5,886 to €18,726
of which Furniture and vehicles: +€13,056
- Receivables within one year +€12,059
up €12,059 (+70.2%), from €17,174 to €29,233
- Deferred charges and accrued income +€3,843
up €3,843 (+748%), from €514 to €4,356
- Profit (loss) carried forward +€68,475
up €68,475 (+91.4%), from €74,946 to €143,421
- Tax, wage and social debts -€11,740
down €11,740 (-22.0%), from €53,479 to €41,739
- Depreciation +€1,715
up €1,715 (+230%), from €745 to €2,460
- Taxes -€1,564
down €1,564 (-7.2%), from €21,651 to €20,088
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 | €211,159 | €268,425 | +€57,266 | +27.1% |
| Fixed assets | 21/28 | €5,886 | €18,926 | +€13,040 | +222% |
| Tangible fixed assets | 22/27 | €5,886 | €18,726 | +€12,840 | +218% |
| Plant, machinery and equipment | 23 | €815 | €599 | -€216 | -26.5% |
| Furniture and vehicles | 24 | €5,071 | €18,127 | +€13,056 | +257% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €205,273 | €249,498 | +€44,226 | +21.5% |
| Amounts receivable within one year | 40/41 | €17,174 | €29,233 | +€12,059 | +70.2% |
| Other amounts receivable | 41 | €17,174 | €29,233 | +€12,059 | +70.2% |
| Cash at bank and in hand | 54/58 | €187,585 | €215,909 | +€28,324 | +15.1% |
| Deferred charges and accrued income | 490/1 | €514 | €4,356 | +€3,843 | +748% |
| Total equity and liabilities | 10/49 | €211,159 | €268,425 | +€57,266 | +27.1% |
| Equity | 10/15 | €154,848 | €223,323 | +€68,475 | +44.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €77,901 | €77,901 | = | 0.0% |
| Distributable reserves | 133 | €77,901 | €77,901 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,946 | €143,421 | +€68,475 | +91.4% |
| Amounts payable | 17/49 | €56,311 | €45,102 | -€11,209 | -19.9% |
| Amounts payable within one year | 42/48 | €56,311 | €45,102 | -€11,209 | -19.9% |
| Trade debts | 44 | €2,000 | €3,363 | +€1,363 | +68.2% |
| Suppliers | 440/4 | €2,000 | €3,363 | +€1,363 | +68.2% |
| Taxes, remuneration and social security | 45 | €53,479 | €41,739 | -€11,740 | -22.0% |
| Taxes | 450/3 | €53,479 | €41,739 | -€11,740 | -22.0% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €745 | €2,460 | +€1,715 | +230% |
| Other operating charges | 640/8 | - | €488 | +€488 | |
| Gross operating margin | 9900 | €98,359 | €99,151 | +€792 | +0.8% |
| Operating profit (loss) | 9901 | €97,614 | €96,203 | -€1,410 | -1.4% |
| Financial charges | 65/66B | €183 | €141 | -€42 | -23.1% |
| Recurring financial charges | 65 | €183 | €141 | -€42 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €97,431 | €96,063 | -€1,368 | -1.4% |
| Income taxes | 67/77 | €21,651 | €20,088 | -€1,564 | -7.2% |
| Profit (loss) for the period | 9904 | €75,779 | €75,975 | +€196 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €75,779 | €75,975 | +€196 | +0.3% |
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 29 October 2026 via checked.be.