LAU'S GROUP: what changed
LAU'S GROUP
Largest movements
- Cash +€59,284
up €59,284 (+77.9%), from €76,065 to €135,349
mainly Net result for the year (+€50,775) and Depreciation (+€5,373)
- Tangible fixed assets -€5,373
down €5,373 (-5.5%), from €97,847 to €92,474
of which Land and buildings: -€4,847
- Reserves +€30,000
up €30,000 (+22.5%), from €133,437 to €163,437
- Profit (loss) carried forward +€20,775
up €20,775 (+603%), from €3,445 to €24,220
- Tax, wage and social debts +€5,000
up €5,000 (+113%), from €4,439 to €9,439
- Other operating charges -€6,497
down €6,497 (-87.6%), from €7,413 to €916
- Depreciation -€5,898
down €5,898 (-52.3%), from €11,271 to €5,373
- Gross operating margin -€4,118
down €4,118 (-5.0%), from €82,212 to €78,094
- Taxes +€932
up €932 (+4.6%), from €20,068 to €21,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,278 | €229,033 | +€54,755 | +31.4% |
| Fixed assets | 21/28 | €97,847 | €92,474 | -€5,373 | -5.5% |
| Tangible fixed assets | 22/27 | €97,847 | €92,474 | -€5,373 | -5.5% |
| Land and buildings | 22 | €96,744 | €91,896 | -€4,847 | -5.0% |
| Furniture and vehicles | 24 | €1,104 | €578 | -€526 | -47.7% |
| Current assets | 29/58 | €76,431 | €136,559 | +€60,128 | +78.7% |
| Cash at bank and in hand | 54/58 | €76,065 | €135,349 | +€59,284 | +77.9% |
| Deferred charges and accrued income | 490/1 | €366 | €1,210 | +€844 | +230% |
| Total equity and liabilities | 10/49 | €174,278 | €229,033 | +€54,755 | +31.4% |
| Equity | 10/15 | €147,356 | €198,131 | +€50,775 | +34.5% |
| Contributions | 10/11 | €10,474 | €10,474 | = | 0.0% |
| Reserves | 13 | €133,437 | €163,437 | +€30,000 | +22.5% |
| Distributable reserves | 133 | €133,437 | €163,437 | +€30,000 | +22.5% |
| Profit (loss) carried forward | 14 | €3,445 | €24,220 | +€20,775 | +603% |
| Amounts payable | 17/49 | €26,923 | €30,903 | +€3,980 | +14.8% |
| Amounts payable within one year | 42/48 | €26,923 | €30,903 | +€3,980 | +14.8% |
| Trade debts | 44 | €1,020 | - | -€1,020 | |
| Suppliers | 440/4 | €1,020 | - | -€1,020 | |
| Taxes, remuneration and social security | 45 | €4,439 | €9,439 | +€5,000 | +113% |
| Taxes | 450/3 | €4,439 | €9,439 | +€5,000 | +113% |
| Other amounts payable | 47/48 | €21,464 | €21,464 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,271 | €5,373 | -€5,898 | -52.3% |
| Other operating charges | 640/8 | €7,413 | €916 | -€6,497 | -87.6% |
| Gross operating margin | 9900 | €82,212 | €78,094 | -€4,118 | -5.0% |
| Operating profit (loss) | 9901 | €63,528 | €71,805 | +€8,277 | +13.0% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €63,499 | €71,775 | +€8,275 | +13.0% |
| Income taxes | 67/77 | €20,068 | €21,000 | +€932 | +4.6% |
| Profit (loss) for the period | 9904 | €43,432 | €50,775 | +€7,343 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,432 | €50,775 | +€7,343 | +16.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.