LAUBE: what changed
Two fiscal 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.
LAUBE
Largest movements
- Cash -€341,464
down €341,464 (-57.1%), from €598,150 to €256,686
mainly Current investments (-€336,051) and Investment in fixed assets (net) (-€197,599)
- Current investments +€336,051
up €336,051 (+1648.2%), from €20,389 to €356,440
- Tangible fixed assets +€113,255
up €113,255 (+18.1%), from €626,244 to €739,500
of which Land and buildings: +€115,560
- Receivables within one year -€62,140
down €62,140 (-81.0%), from €76,712 to €14,572
of which Trade receivables: -€33,008
- Profit (loss) carried forward +€115,143
up €115,143 (+9.7%), from €1.2m to €1.3m
- Tax, wage and social debts -€59,966
down €59,966 (-55.3%), from €108,387 to €48,421
of which Taxes: -€33,866
- Depreciation +€34,639
up €34,639 (+69.4%), from €49,882 to €84,521
- Taxes -€32,659
down €32,659 (-44.4%), from €73,540 to €40,881
- Staff costs -€21,298
down €21,298 (-53.2%), from €40,052 to €18,755
- Gross operating margin +€6,710
up €6,710 (+2.3%), from €289,253 to €295,963
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 | €1,327,722 | €1,374,860 | +€47,138 | +3.6% |
| Fixed assets | 21/28 | €626,421 | €739,500 | +€113,078 | +18.1% |
| Tangible fixed assets | 22/27 | €626,244 | €739,500 | +€113,255 | +18.1% |
| Land and buildings | 22 | €595,903 | €711,463 | +€115,560 | +19.4% |
| Plant, machinery and equipment | 23 | €7,160 | €22,505 | +€15,345 | +214.3% |
| Furniture and vehicles | 24 | €23,181 | €5,532 | -€17,649 | -76.1% |
| Financial fixed assets | 28 | €177 | - | -€177 | |
| Current assets | 29/58 | €701,301 | €635,360 | -€65,941 | -9.4% |
| Stocks and contracts in progress | 3 | €6,050 | €6,050 | = | 0.0% |
| Stocks | 30/36 | €6,050 | €6,050 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €76,712 | €14,572 | -€62,140 | -81.0% |
| Trade receivables | 40 | €33,008 | - | -€33,008 | |
| Other amounts receivable | 41 | €43,703 | €14,572 | -€29,132 | -66.7% |
| Current investments | 50/53 | €20,389 | €356,440 | +€336,051 | +1648.2% |
| Cash at bank and in hand | 54/58 | €598,150 | €256,686 | -€341,464 | -57.1% |
| Deferred charges and accrued income | 490/1 | - | €1,612 | +€1,612 | |
| Total equity and liabilities | 10/49 | €1,327,722 | €1,374,860 | +€47,138 | +3.6% |
| Equity | 10/15 | €1,211,295 | €1,326,438 | +€115,143 | +9.5% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €2,727 | €2,727 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,727 | €2,727 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,727 | €2,727 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,183,768 | €1,298,911 | +€115,143 | +9.7% |
| Amounts payable | 17/49 | €116,427 | €48,421 | -€68,006 | -58.4% |
| Amounts payable within one year | 42/48 | €116,427 | €48,421 | -€68,006 | -58.4% |
| Trade debts | 44 | €8,040 | - | -€8,040 | |
| Suppliers | 440/4 | €8,040 | - | -€8,040 | |
| Taxes, remuneration and social security | 45 | €108,387 | €48,421 | -€59,966 | -55.3% |
| Taxes | 450/3 | €82,287 | €48,421 | -€33,866 | -41.2% |
| Remuneration and social security | 454/9 | €26,100 | - | -€26,100 | |
| Non-recurring operating income | 76A | €1,339 | - | -€1,339 | |
| Remuneration, social security and pensions | 62 | €40,052 | €18,755 | -€21,298 | -53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,882 | €84,521 | +€34,639 | +69.4% |
| Other operating charges | 640/8 | €5,664 | €6,552 | +€888 | +15.7% |
| Non-recurring operating charges | 66A | - | €33,008 | +€33,008 | |
| Gross operating margin | 9900 | €289,253 | €295,963 | +€6,710 | +2.3% |
| Operating profit (loss) | 9901 | €193,655 | €153,127 | -€40,528 | -20.9% |
| Financial income | 75/76B | €2,526 | €5,284 | +€2,759 | +109.2% |
| Recurring financial income | 75 | €2,526 | €5,284 | +€2,759 | +109.2% |
| Financial charges | 65/66B | €167 | €2,387 | +€2,220 | +1328.2% |
| Recurring financial charges | 65 | €167 | €2,387 | +€2,220 | +1328.2% |
| Profit (loss) for the period before taxes | 9903 | €196,013 | €156,024 | -€39,989 | -20.4% |
| Income taxes | 67/77 | €73,540 | €40,881 | -€32,659 | -44.4% |
| Profit (loss) for the period | 9904 | €122,473 | €115,143 | -€7,330 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €122,473 | €115,143 | -€7,330 | -6.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.