LAUBEA: 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.
LAUBEA
Largest movements
- Receivables within one year +€17,714
up €17,714 (+15.9%), from €111,722 to €129,436
- Cash -€16,267
down €16,267 (-98.3%), from €16,543 to €276
mainly Contributions, distributions and other (-€43,554) and Receivables within one year (-€17,714)
- Tangible fixed assets -€6,521
down €6,521 (-14.6%), from €44,673 to €38,152
of which Land and buildings: -€4,904
- Reserves -€25,631
down €25,631 (-12.3%), from €207,598 to €181,967
of which Distributable reserves: -€25,631
- Other debts +€22,321
up €22,321 (+99.0%), from €22,545 to €44,866
- Debts after one year -€7,297
down €7,297 (-12.2%), from €59,647 to €52,349
- Gross operating margin -€20,599
down €20,599 (-38.0%), from €54,242 to €33,642
- Taxes -€5,371
down €5,371 (-34.0%), from €15,810 to €10,439
- Depreciation -€3,841
down €3,841 (-35.8%), from €10,740 to €6,899
- Financial income +€2,986
up €2,986 (+32.5%), from €9,174 to €12,159
- Financial charges +€1,578
up €1,578 (+44.1%), from €3,581 to €5,158
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 | €361,425 | €353,010 | -€8,415 | -2.3% |
| Fixed assets | 21/28 | €44,673 | €38,152 | -€6,521 | -14.6% |
| Tangible fixed assets | 22/27 | €44,673 | €38,152 | -€6,521 | -14.6% |
| Land and buildings | 22 | €37,287 | €32,383 | -€4,904 | -13.2% |
| Plant, machinery and equipment | 23 | €7,387 | €5,770 | -€1,617 | -21.9% |
| Current assets | 29/58 | €316,752 | €314,857 | -€1,894 | -0.6% |
| Amounts receivable after more than one year | 29 | €185,000 | €185,000 | = | 0.0% |
| Other amounts receivable | 291 | €185,000 | €185,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €111,722 | €129,436 | +€17,714 | +15.9% |
| Other amounts receivable | 41 | €111,722 | €129,436 | +€17,714 | +15.9% |
| Cash at bank and in hand | 54/58 | €16,543 | €276 | -€16,267 | -98.3% |
| Deferred charges and accrued income | 490/1 | €3,487 | €145 | -€3,341 | -95.8% |
| Total equity and liabilities | 10/49 | €361,425 | €353,010 | -€8,415 | -2.3% |
| Equity | 10/15 | €221,238 | €195,607 | -€25,631 | -11.6% |
| Contributions | 10/11 | €13,640 | €13,640 | = | 0.0% |
| Reserves | 13 | €207,598 | €181,967 | -€25,631 | -12.3% |
| Non-distributable reserves | 130/1 | €5,580 | €5,580 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,580 | €5,580 | = | 0.0% |
| Distributable reserves | 133 | €202,018 | €176,387 | -€25,631 | -12.7% |
| Provisions and deferred taxes | 16 | €31,099 | €31,099 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €31,099 | €31,099 | = | 0.0% |
| Pensions and similar obligations | 160 | €31,099 | €31,099 | = | 0.0% |
| Amounts payable | 17/49 | €109,089 | €126,304 | +€17,216 | +15.8% |
| Amounts payable after more than one year | 17 | €59,647 | €52,349 | -€7,297 | -12.2% |
| Financial debts | 170/4 | €59,647 | €52,349 | -€7,297 | -12.2% |
| Amounts payable within one year | 42/48 | €49,442 | €73,955 | +€24,513 | +49.6% |
| Current portion of amounts payable after more than one year | 42 | €12,101 | €14,487 | +€2,385 | +19.7% |
| Trade debts | 44 | €3,048 | €2,887 | -€160 | -5.3% |
| Suppliers | 440/4 | €3,048 | €2,887 | -€160 | -5.3% |
| Taxes, remuneration and social security | 45 | €11,748 | €11,715 | -€33 | -0.3% |
| Taxes | 450/3 | €11,748 | €11,715 | -€33 | -0.3% |
| Other amounts payable | 47/48 | €22,545 | €44,866 | +€22,321 | +99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,740 | €6,899 | -€3,841 | -35.8% |
| Other operating charges | 640/8 | €5,217 | €5,382 | +€165 | +3.2% |
| Gross operating margin | 9900 | €54,242 | €33,642 | -€20,599 | -38.0% |
| Operating profit (loss) | 9901 | €38,285 | €21,361 | -€16,924 | -44.2% |
| Financial income | 75/76B | €9,174 | €12,159 | +€2,986 | +32.5% |
| Recurring financial income | 75 | €9,174 | €12,159 | +€2,986 | +32.5% |
| Financial charges | 65/66B | €3,581 | €5,158 | +€1,578 | +44.1% |
| Recurring financial charges | 65 | €3,581 | €5,158 | +€1,578 | +44.1% |
| Profit (loss) for the period before taxes | 9903 | €43,878 | €28,362 | -€15,516 | -35.4% |
| Income taxes | 67/77 | €15,810 | €10,439 | -€5,371 | -34.0% |
| Profit (loss) for the period | 9904 | €28,068 | €17,923 | -€10,145 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,068 | €17,923 | -€10,145 | -36.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.