LAU'DENT: 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.
LAU'DENT
Largest movements
- Cash -€50,296
down €50,296 (-69.9%), from €71,951 to €21,655
mainly Other debts (-€30,189) and Contributions, distributions and other (-€21,638)
- Receivables within one year +€12,134
up €12,134 (+268%), from €4,521 to €16,654
of which Trade receivables: +€9,897
- Tangible fixed assets -€3,851
down €3,851 (-16.0%), from €24,101 to €20,251
- Other debts -€30,189
down €30,189 (-44.4%), from €67,928 to €37,739
- Debts after one year -€7,718
down €7,718 (-43.3%), from €17,827 to €10,109
- Tax, wage and social debts -€3,824
down €3,824 (-70.5%), from €5,421 to €1,597
of which Taxes: -€3,824
- Gross operating margin +€9,310
up €9,310 (+31.1%), from €29,971 to €39,281
- Taxes +€3,686
up €3,686 (+90.4%), from €4,077 to €7,763
- Financial charges -€938
down €938 (-48.1%), from €1,951 to €1,013
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 | €100,573 | €58,560 | -€42,013 | -41.8% |
| Fixed assets | 21/28 | €24,101 | €20,251 | -€3,851 | -16.0% |
| Tangible fixed assets | 22/27 | €24,101 | €20,251 | -€3,851 | -16.0% |
| Furniture and vehicles | 24 | €24,101 | €20,251 | -€3,851 | -16.0% |
| Current assets | 29/58 | €76,472 | €38,309 | -€38,163 | -49.9% |
| Amounts receivable within one year | 40/41 | €4,521 | €16,654 | +€12,134 | +268% |
| Trade receivables | 40 | €4,521 | €14,417 | +€9,897 | +219% |
| Other amounts receivable | 41 | - | €2,237 | +€2,237 | |
| Cash at bank and in hand | 54/58 | €71,951 | €21,655 | -€50,296 | -69.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €100,573 | €58,560 | -€42,013 | -41.8% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €99,573 | €57,560 | -€42,013 | -42.2% |
| Amounts payable after more than one year | 17 | €17,827 | €10,109 | -€7,718 | -43.3% |
| Financial debts | 170/4 | €17,827 | €10,109 | -€7,718 | -43.3% |
| Amounts payable within one year | 42/48 | €81,111 | €47,451 | -€33,659 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €7,405 | €7,718 | +€313 | +4.2% |
| Trade debts | 44 | €357 | €398 | +€41 | +11.4% |
| Suppliers | 440/4 | €357 | €398 | +€41 | +11.4% |
| Taxes, remuneration and social security | 45 | €5,421 | €1,597 | -€3,824 | -70.5% |
| Taxes | 450/3 | €4,471 | €647 | -€3,824 | -85.5% |
| Remuneration and social security | 454/9 | €950 | €950 | = | 0.0% |
| Other amounts payable | 47/48 | €67,928 | €37,739 | -€30,189 | -44.4% |
| Accrued charges and deferred income | 492/3 | €636 | €0 | -€636 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,906 | €8,158 | +€252 | +3.2% |
| Other operating charges | 640/8 | €889 | €709 | -€180 | -20.2% |
| Gross operating margin | 9900 | €29,971 | €39,281 | +€9,310 | +31.1% |
| Operating profit (loss) | 9901 | €21,176 | €30,414 | +€9,238 | +43.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,951 | €1,013 | -€938 | -48.1% |
| Recurring financial charges | 65 | €1,951 | €1,013 | -€938 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €19,225 | €29,401 | +€10,176 | +52.9% |
| Income taxes | 67/77 | €4,077 | €7,763 | +€3,686 | +90.4% |
| Profit (loss) for the period | 9904 | €15,148 | €21,638 | +€6,490 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,148 | €21,638 | +€6,490 | +42.8% |
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 19 October 2026 via checked.be.