LAUFRADENT: 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.
LAUFRADENT
Largest movements
- Cash +€38,178
up €38,178 (+52,299%), from €73 to €38,251
mainly Other debts (+€59,871) and Depreciation (+€35,724)
- Tangible fixed assets -€29,160
down €29,160 (-4.4%), from €664,305 to €635,145
of which Land and buildings: -€30,263
- Other debts +€59,871
up €59,871 (+71.7%), from €83,450 to €143,321
- Short-term financial debts -€35,976
down €35,976 (-12.6%), from €285,976 to €250,000
- Debts after one year -€31,185
no longer reported in 2025 (was €31,185)
- Reserves +€18,791
up €18,791 (+4.0%), from €472,562 to €491,353
of which Distributable reserves: +€25,015
- Depreciation +€14,310
up €14,310 (+66.8%), from €21,414 to €35,724
- Financial charges -€8,667
down €8,667 (-46.9%), from €18,494 to €9,827
- Taxes -€2,170
down €2,170 (-18.6%), from €11,686 to €9,516
- Gross operating margin -€1,556
down €1,556 (-4.2%), from €36,827 to €35,271
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.
Derived cash bridge
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 | €1,015,579 | €1,023,264 | +€7,685 | +0.8% |
| Fixed assets | 21/28 | €664,305 | €635,145 | -€29,160 | -4.4% |
| Tangible fixed assets | 22/27 | €664,305 | €635,145 | -€29,160 | -4.4% |
| Land and buildings | 22 | €663,805 | €633,542 | -€30,263 | -4.6% |
| Furniture and vehicles | 24 | €500 | €1,603 | +€1,103 | +221% |
| Current assets | 29/58 | €351,274 | €388,119 | +€36,845 | +10.5% |
| Amounts receivable within one year | 40/41 | €349,291 | €347,881 | -€1,410 | -0.4% |
| Other amounts receivable | 41 | €349,291 | €347,881 | -€1,410 | -0.4% |
| Cash at bank and in hand | 54/58 | €73 | €38,251 | +€38,178 | +52,299% |
| Deferred charges and accrued income | 490/1 | €1,910 | €1,987 | +€77 | +4.0% |
| Total equity and liabilities | 10/49 | €1,015,579 | €1,023,264 | +€7,685 | +0.8% |
| Equity | 10/15 | €534,562 | €553,353 | +€18,791 | +3.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €472,562 | €491,353 | +€18,791 | +4.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €51,253 | €45,029 | -€6,224 | -12.1% |
| Distributable reserves | 133 | €415,109 | €440,124 | +€25,015 | +6.0% |
| Provisions and deferred taxes | 16 | €26,381 | €23,176 | -€3,205 | -12.1% |
| Deferred taxes | 168 | €26,381 | €23,176 | -€3,205 | -12.1% |
| Amounts payable | 17/49 | €454,636 | €446,735 | -€7,901 | -1.7% |
| Amounts payable after more than one year | 17 | €31,185 | - | -€31,185 | |
| Financial debts | 170/4 | €31,185 | - | -€31,185 | |
| Amounts payable within one year | 42/48 | €423,451 | €446,735 | +€23,284 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €33,406 | €31,185 | -€2,221 | -6.6% |
| Financial debts | 43 | €285,976 | €250,000 | -€35,976 | -12.6% |
| Credit institutions | 430/8 | €285,976 | €250,000 | -€35,976 | -12.6% |
| Trade debts | 44 | €1,694 | €1,028 | -€666 | -39.3% |
| Suppliers | 440/4 | €1,694 | €1,028 | -€666 | -39.3% |
| Taxes, remuneration and social security | 45 | €18,925 | €21,201 | +€2,276 | +12.0% |
| Taxes | 450/3 | €18,925 | €21,201 | +€2,276 | +12.0% |
| Other amounts payable | 47/48 | €83,450 | €143,321 | +€59,871 | +71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,414 | €35,724 | +€14,310 | +66.8% |
| Other operating charges | 640/8 | €4,159 | €4,319 | +€160 | +3.8% |
| Gross operating margin | 9900 | €36,827 | €35,271 | -€1,556 | -4.2% |
| Operating profit (loss) | 9901 | €11,254 | -€4,772 | -€16,026 | |
| Financial income | 75/76B | €40,008 | €39,701 | -€307 | -0.8% |
| Recurring financial income | 75 | €40,008 | €39,701 | -€307 | -0.8% |
| Financial charges | 65/66B | €18,494 | €9,827 | -€8,667 | -46.9% |
| Recurring financial charges | 65 | €18,494 | €9,827 | -€8,667 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €32,768 | €25,102 | -€7,666 | -23.4% |
| Transfer from deferred taxes | 780 | €3,205 | €3,205 | = | 0.0% |
| Income taxes | 67/77 | €11,686 | €9,516 | -€2,170 | -18.6% |
| Profit (loss) for the period | 9904 | €24,287 | €18,791 | -€5,496 | -22.6% |
| Transfer from tax-exempt reserves | 789 | €6,224 | €6,224 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,511 | €25,015 | -€5,496 | -18.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.