LauCon: 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.
LauCon
Largest movements
- Receivables within one year +€25,524
up €25,524 (+17.7%), from €144,146 to €169,669
of which Other amounts receivable: +€25,170
- Current investments +€15,000
up €15,000 (+225.0%), from €6,667 to €21,667
- Tangible fixed assets +€9,537
up €9,537 (+195.0%), from €4,890 to €14,427
of which Other tangible fixed assets: +€10,041
- Cash -€9,258
down €9,258 (-25.6%), from €36,154 to €26,896
mainly Receivables within one year (-€25,524) and Current investments (-€15,000)
- Deferred charges and accrued income -€3,194
down €3,194 (-45.4%), from €7,034 to €3,840
- Reserves +€36,358
up €36,358 (+27.6%), from €131,543 to €167,900
of which Distributable reserves: +€36,358
- Tax, wage and social debts +€6,615
up €6,615 (+15.8%), from €41,841 to €48,456
- Current portion of long-term debt -€6,077
no longer reported in 2025 (was €6,077)
- Gross operating margin -€4,277
down €4,277 (-6.3%), from €67,845 to €63,568
- Depreciation +€1,976
up €1,976 (+200.3%), from €987 to €2,963
- Other operating charges -€1,938
down €1,938 (-61.0%), from €3,177 to €1,239
- Taxes -€1,442
down €1,442 (-6.3%), from €22,813 to €21,371
- Financial charges +€773
up €773 (+89.5%), from €864 to €1,637
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 | €198,890 | €236,499 | +€37,609 | +18.9% |
| Fixed assets | 21/28 | €4,890 | €14,427 | +€9,537 | +195.0% |
| Tangible fixed assets | 22/27 | €4,890 | €14,427 | +€9,537 | +195.0% |
| Plant, machinery and equipment | 23 | €2,205 | €1,701 | -€504 | -22.9% |
| Other tangible fixed assets | 26 | €2,685 | €12,726 | +€10,041 | +373.9% |
| Current assets | 29/58 | €194,000 | €222,072 | +€28,072 | +14.5% |
| Amounts receivable within one year | 40/41 | €144,146 | €169,669 | +€25,524 | +17.7% |
| Trade receivables | 40 | €12,202 | €12,556 | +€354 | +2.9% |
| Other amounts receivable | 41 | €131,944 | €157,113 | +€25,170 | +19.1% |
| Current investments | 50/53 | €6,667 | €21,667 | +€15,000 | +225.0% |
| Cash at bank and in hand | 54/58 | €36,154 | €26,896 | -€9,258 | -25.6% |
| Deferred charges and accrued income | 490/1 | €7,034 | €3,840 | -€3,194 | -45.4% |
| Total equity and liabilities | 10/49 | €198,890 | €236,499 | +€37,609 | +18.9% |
| Equity | 10/15 | €150,143 | €186,500 | +€36,358 | +24.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,543 | €167,900 | +€36,358 | +27.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €129,683 | €166,040 | +€36,358 | +28.0% |
| Amounts payable | 17/49 | €48,747 | €49,999 | +€1,252 | +2.6% |
| Amounts payable within one year | 42/48 | €48,747 | €49,999 | +€1,252 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €6,077 | - | -€6,077 | |
| Trade debts | 44 | €829 | €1,543 | +€714 | +86.0% |
| Suppliers | 440/4 | €829 | €1,543 | +€714 | +86.0% |
| Taxes, remuneration and social security | 45 | €41,841 | €48,456 | +€6,615 | +15.8% |
| Taxes | 450/3 | €41,841 | €48,456 | +€6,615 | +15.8% |
| Remuneration, social security and pensions | 62 | €160 | - | -€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €987 | €2,963 | +€1,976 | +200.3% |
| Other operating charges | 640/8 | €3,177 | €1,239 | -€1,938 | -61.0% |
| Gross operating margin | 9900 | €67,845 | €63,568 | -€4,277 | -6.3% |
| Operating profit (loss) | 9901 | €63,521 | €59,366 | -€4,155 | -6.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -95.6% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -95.6% |
| Financial charges | 65/66B | €864 | €1,637 | +€773 | +89.5% |
| Recurring financial charges | 65 | €864 | €1,637 | +€773 | +89.5% |
| Profit (loss) for the period before taxes | 9903 | €62,657 | €57,729 | -€4,928 | -7.9% |
| Income taxes | 67/77 | €22,813 | €21,371 | -€1,442 | -6.3% |
| Profit (loss) for the period | 9904 | €39,844 | €36,358 | -€3,486 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,844 | €36,358 | -€3,486 | -8.8% |
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 8 October 2026 via checked.be.