LAU'S: 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'S
Largest movements
- Cash -€23,237
down €23,237 (-11.6%), from €200,679 to €177,442
mainly Trade debts (-€18,835) and Net result for the year (-€8,615)
- Tangible fixed assets -€7,278
down €7,278 (-14.7%), from €49,623 to €42,344
of which Plant, machinery and equipment: -€7,278
- Stocks and contracts -€3,200
no longer reported in 2024 (was €3,200)
- Trade debts -€18,835
down €18,835 (-20.1%), from €93,846 to €75,011
- Profit (loss) carried forward -€8,615
down €8,615 (-9.0%), from €95,509 to €86,895
- Tax, wage and social debts -€5,283
down €5,283 (-14.8%), from €35,639 to €30,356
of which Taxes: -€3,563
- Gross operating margin -€134,110
down €134,110 (-48.7%), from €275,529 to €141,419
- Financial income +€72,722
new in 2024: €72,722
of which Financial income: +€72,722
- Taxes +€14,581
up €14,581, from -€1,000 to €13,582
- Depreciation -€14,427
no longer reported in 2024 (was €14,427)
- Staff costs +€11,302
up €11,302 (+5.8%), from €195,298 to €206,600
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 | €272,715 | €239,982 | -€32,733 | -12.0% |
| Fixed assets | 21/28 | €52,077 | €44,798 | -€7,278 | -14.0% |
| Tangible fixed assets | 22/27 | €49,623 | €42,344 | -€7,278 | -14.7% |
| Plant, machinery and equipment | 23 | €7,278 | - | -€7,278 | |
| Furniture and vehicles | 24 | €42,344 | €42,344 | = | 0.0% |
| Financial fixed assets | 28 | €2,454 | €2,454 | = | 0.0% |
| Current assets | 29/58 | €220,638 | €195,184 | -€25,455 | -11.5% |
| Stocks and contracts in progress | 3 | €3,200 | - | -€3,200 | |
| Stocks | 30/36 | €3,200 | - | -€3,200 | |
| Amounts receivable within one year | 40/41 | €16,760 | €17,742 | +€982 | +5.9% |
| Other amounts receivable | 41 | €16,760 | €17,742 | +€982 | +5.9% |
| Cash at bank and in hand | 54/58 | €200,679 | €177,442 | -€23,237 | -11.6% |
| Total equity and liabilities | 10/49 | €272,715 | €239,982 | -€32,733 | -12.0% |
| Equity | 10/15 | €143,230 | €134,616 | -€8,615 | -6.0% |
| Contributions | 10/11 | €47,100 | €47,100 | = | 0.0% |
| Reserves | 13 | €621 | €621 | = | 0.0% |
| Non-distributable reserves | 130/1 | €621 | €621 | = | 0.0% |
| Reserves not available under the articles | 1311 | €621 | €621 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,509 | €86,895 | -€8,615 | -9.0% |
| Amounts payable | 17/49 | €129,485 | €105,366 | -€24,119 | -18.6% |
| Amounts payable within one year | 42/48 | €129,485 | €105,366 | -€24,119 | -18.6% |
| Trade debts | 44 | €93,846 | €75,011 | -€18,835 | -20.1% |
| Suppliers | 440/4 | €93,846 | €75,011 | -€18,835 | -20.1% |
| Taxes, remuneration and social security | 45 | €35,639 | €30,356 | -€5,283 | -14.8% |
| Taxes | 450/3 | €21,764 | €18,202 | -€3,563 | -16.4% |
| Remuneration and social security | 454/9 | €13,875 | €12,154 | -€1,721 | -12.4% |
| Remuneration, social security and pensions | 62 | €195,298 | €206,600 | +€11,302 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,427 | - | -€14,427 | |
| Other operating charges | 640/8 | €4,086 | €1,199 | -€2,887 | -70.7% |
| Gross operating margin | 9900 | €275,529 | €141,419 | -€134,110 | -48.7% |
| Operating profit (loss) | 9901 | €61,719 | -€66,380 | -€128,099 | |
| Financial income | 75/76B | - | €72,722 | +€72,722 | |
| Recurring financial income | 75 | - | €72,722 | +€72,722 | |
| Non-recurring financial income | 76B | - | €72,722 | +€72,722 | |
| Financial charges | 65/66B | €2,411 | €1,375 | -€1,036 | -43.0% |
| Recurring financial charges | 65 | €2,411 | €1,375 | -€1,036 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €59,308 | €4,967 | -€54,341 | -91.6% |
| Income taxes | 67/77 | -€1,000 | €13,582 | +€14,581 | |
| Profit (loss) for the period | 9904 | €60,307 | -€8,615 | -€68,922 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,307 | -€8,615 | -€68,922 |
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 26 October 2026 via checked.be.