LAUGAUTORE: 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.
LAUGAUTORE
Largest movements
- Cash -€5,243
down €5,243 (-72.0%), from €7,285 to €2,041
mainly Other debts (-€120,335) and Trade debts (-€32,940)
- Current portion of long-term debt +€157,476
new in 2025: €157,476
- Other debts -€120,335
no longer reported in 2025 (was €120,335)
- Trade debts -€32,940
no longer reported in 2025 (was €32,940)
of which Bills of exchange payable: -€19,804
- Debts after one year -€13,433
down €13,433 (-6.4%), from €209,556 to €196,123
- Profit (loss) carried forward +€3,934
up €3,934 (+8.6%), from -€45,834 to -€41,899
- Gross operating margin +€13,507
up €13,507 (+188.6%), from €7,163 to €20,670
- Depreciation -€2,330
down €2,330 (-29.5%), from €7,903 to €5,573
- Other operating charges -€881
down €881 (-29.7%), from €2,965 to €2,083
- Financial charges -€471
down €471 (-4.9%), from €9,550 to €9,079
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 | €318,497 | €313,200 | -€5,297 | -1.7% |
| Fixed assets | 21/28 | €309,322 | €311,009 | +€1,687 | +0.5% |
| Tangible fixed assets | 22/27 | €309,322 | €311,009 | +€1,687 | +0.5% |
| Land and buildings | 22 | €304,822 | €311,009 | +€6,187 | +2.0% |
| Furniture and vehicles | 24 | €4,500 | - | -€4,500 | |
| Current assets | 29/58 | €9,175 | €2,191 | -€6,984 | -76.1% |
| Amounts receivable within one year | 40/41 | €1,890 | €150 | -€1,740 | -92.1% |
| Other amounts receivable | 41 | €1,890 | €150 | -€1,740 | -92.1% |
| Cash at bank and in hand | 54/58 | €7,285 | €2,041 | -€5,243 | -72.0% |
| Total equity and liabilities | 10/49 | €318,497 | €313,200 | -€5,297 | -1.7% |
| Equity | 10/15 | -€44,334 | -€40,399 | +€3,934 | +8.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,834 | -€41,899 | +€3,934 | +8.6% |
| Amounts payable | 17/49 | €362,831 | €353,599 | -€9,231 | -2.5% |
| Amounts payable after more than one year | 17 | €209,556 | €196,123 | -€13,433 | -6.4% |
| Financial debts | 170/4 | €209,556 | €196,123 | -€13,433 | -6.4% |
| Amounts payable within one year | 42/48 | €153,275 | €157,476 | +€4,201 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | - | €157,476 | +€157,476 | |
| Trade debts | 44 | €32,940 | - | -€32,940 | |
| Suppliers | 440/4 | €13,136 | - | -€13,136 | |
| Bills of exchange payable | 441 | €19,804 | - | -€19,804 | |
| Other amounts payable | 47/48 | €120,335 | - | -€120,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,903 | €5,573 | -€2,330 | -29.5% |
| Other operating charges | 640/8 | €2,965 | €2,083 | -€881 | -29.7% |
| Gross operating margin | 9900 | €7,163 | €20,670 | +€13,507 | +188.6% |
| Operating profit (loss) | 9901 | -€3,705 | €13,013 | +€16,718 | |
| Financial charges | 65/66B | €9,550 | €9,079 | -€471 | -4.9% |
| Recurring financial charges | 65 | €9,550 | €9,079 | -€471 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,255 | €3,934 | +€17,189 | |
| Profit (loss) for the period | 9904 | -€13,255 | €3,934 | +€17,189 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,255 | €3,934 | +€17,189 |
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 3 October 2026 via checked.be.