LARAN: 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.
LARAN
Largest movements
- Receivables within one year -€40,811
down €40,811 (-23.5%), from €173,661 to €132,850
of which Other amounts receivable: -€30,297
- Tangible fixed assets -€5,636
down €5,636 (-77.6%), from €7,267 to €1,631
of which Furniture and vehicles: -€4,827
- Stocks and contracts -€3,858
down €3,858 (-33.6%), from €11,487 to €7,629
- Intangible fixed assets -€3,000
no longer reported in 2025 (was €3,000)
- Cash +€2,430
up €2,430 (+13.0%), from €18,751 to €21,180
mainly Receivables within one year (+€40,811) and Net result for the year (+€5,688)
- Profit (loss) carried forward -€41,371
down €41,371 (-33.6%), from €123,278 to €81,907
- Tax, wage and social debts -€7,384
down €7,384 (-21.7%), from €33,997 to €26,613
of which Taxes: -€12,339
- Other debts -€3,024
down €3,024 (-7.0%), from €43,024 to €40,000
- Staff costs +€49,883
up €49,883 (+33.3%), from €149,630 to €199,513
- Gross operating margin +€20,512
up €20,512 (+10.4%), from €197,573 to €218,085
- Taxes -€5,894
down €5,894 (-65.4%), from €9,010 to €3,116
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.
Cash bridge derived
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 | €214,722 | €163,846 | -€50,875 | -23.7% |
| Fixed assets | 21/28 | €10,823 | €2,187 | -€8,636 | -79.8% |
| Intangible fixed assets | 21 | €3,000 | - | -€3,000 | |
| Tangible fixed assets | 22/27 | €7,267 | €1,631 | -€5,636 | -77.6% |
| Plant, machinery and equipment | 23 | €1,582 | €1,057 | -€525 | -33.2% |
| Furniture and vehicles | 24 | €5,142 | €314 | -€4,827 | -93.9% |
| Other tangible fixed assets | 26 | €543 | €259 | -€284 | -52.3% |
| Financial fixed assets | 28 | €556 | €556 | = | 0.0% |
| Current assets | 29/58 | €203,899 | €161,659 | -€42,239 | -20.7% |
| Stocks and contracts in progress | 3 | €11,487 | €7,629 | -€3,858 | -33.6% |
| Stocks | 30/36 | €11,487 | €7,629 | -€3,858 | -33.6% |
| Amounts receivable within one year | 40/41 | €173,661 | €132,850 | -€40,811 | -23.5% |
| Trade receivables | 40 | €10,514 | - | -€10,514 | |
| Other amounts receivable | 41 | €163,147 | €132,850 | -€30,297 | -18.6% |
| Cash at bank and in hand | 54/58 | €18,751 | €21,180 | +€2,430 | +13.0% |
| Total equity and liabilities | 10/49 | €214,722 | €163,846 | -€50,875 | -23.7% |
| Equity | 10/15 | €128,278 | €86,907 | -€41,371 | -32.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,278 | €81,907 | -€41,371 | -33.6% |
| Amounts payable | 17/49 | €86,444 | €76,939 | -€9,505 | -11.0% |
| Amounts payable within one year | 42/48 | €86,444 | €76,939 | -€9,505 | -11.0% |
| Trade debts | 44 | €9,423 | €10,326 | +€903 | +9.6% |
| Suppliers | 440/4 | €9,423 | €10,326 | +€903 | +9.6% |
| Taxes, remuneration and social security | 45 | €33,997 | €26,613 | -€7,384 | -21.7% |
| Taxes | 450/3 | €19,431 | €7,093 | -€12,339 | -63.5% |
| Remuneration and social security | 454/9 | €14,565 | €19,520 | +€4,955 | +34.0% |
| Other amounts payable | 47/48 | €43,024 | €40,000 | -€3,024 | -7.0% |
| Remuneration, social security and pensions | 62 | €149,630 | €199,513 | +€49,883 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,947 | €4,180 | -€766 | -15.5% |
| Other operating charges | 640/8 | €3,751 | €5,429 | +€1,678 | +44.7% |
| Gross operating margin | 9900 | €197,573 | €218,085 | +€20,512 | +10.4% |
| Operating profit (loss) | 9901 | €39,245 | €8,962 | -€30,283 | -77.2% |
| Financial charges | 65/66B | €847 | €158 | -€688 | -81.3% |
| Recurring financial charges | 65 | €847 | €158 | -€688 | -81.3% |
| Profit (loss) for the period before taxes | 9903 | €38,399 | €8,804 | -€29,595 | -77.1% |
| Income taxes | 67/77 | €9,010 | €3,116 | -€5,894 | -65.4% |
| Profit (loss) for the period | 9904 | €29,389 | €5,688 | -€23,701 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,389 | €5,688 | -€23,701 | -80.6% |
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 10 October 2026 via checked.be.