Lauha Velde: what changed
Lauha Velde
Largest movements
- Cash +€8,661
up €8,661 (+45.3%), from €19,100 to €27,761
mainly Net result for the year (+€9,546) and Short-term financial debts (+€3,699)
- Tangible fixed assets +€6,349
new in 2025: €6,349
- Receivables within one year +€2,740
up €2,740 (+2.8%), from €97,249 to €99,989
of which Other amounts receivable: +€3,331
- Reserves +€9,546
up €9,546 (+10.2%), from €94,028 to €103,574
- Short-term financial debts +€3,699
up €3,699 (+41.9%), from €8,826 to €12,526
- Tax, wage and social debts +€3,602
up €3,602 (+72.9%), from €4,944 to €8,546
- Gross operating margin +€6,623
up €6,623 (+43.0%), from €15,408 to €22,031
- Depreciation +€3,148
new in 2025: €3,148
- Taxes +€977
up €977 (+14.8%), from €6,600 to €7,577
- Other operating charges -€513
down €513 (-14.8%), from €3,474 to €2,961
- Financial charges -€263
down €263 (-36.3%), from €724 to €461
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,487 | €135,672 | +€18,185 | +15.5% |
| Fixed assets | 21/28 | - | €6,349 | +€6,349 | |
| Tangible fixed assets | 22/27 | - | €6,349 | +€6,349 | |
| Furniture and vehicles | 24 | - | €6,349 | +€6,349 | |
| Current assets | 29/58 | €117,487 | €129,323 | +€11,836 | +10.1% |
| Amounts receivable within one year | 40/41 | €97,249 | €99,989 | +€2,740 | +2.8% |
| Trade receivables | 40 | €12,497 | €11,906 | -€591 | -4.7% |
| Other amounts receivable | 41 | €84,752 | €88,082 | +€3,331 | +3.9% |
| Cash at bank and in hand | 54/58 | €19,100 | €27,761 | +€8,661 | +45.3% |
| Deferred charges and accrued income | 490/1 | €1,138 | €1,573 | +€435 | +38.3% |
| Total equity and liabilities | 10/49 | €117,487 | €135,672 | +€18,185 | +15.5% |
| Equity | 10/15 | €100,228 | €109,774 | +€9,546 | +9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €94,028 | €103,574 | +€9,546 | +10.2% |
| Distributable reserves | 133 | €94,028 | €103,574 | +€9,546 | +10.2% |
| Amounts payable | 17/49 | €17,258 | €25,898 | +€8,640 | +50.1% |
| Amounts payable within one year | 42/48 | €16,860 | €25,494 | +€8,634 | +51.2% |
| Financial debts | 43 | €8,826 | €12,526 | +€3,699 | +41.9% |
| Credit institutions | 430/8 | €8,826 | €12,526 | +€3,699 | +41.9% |
| Trade debts | 44 | €3,090 | €4,422 | +€1,332 | +43.1% |
| Suppliers | 440/4 | €3,090 | €4,422 | +€1,332 | +43.1% |
| Taxes, remuneration and social security | 45 | €4,944 | €8,546 | +€3,602 | +72.9% |
| Taxes | 450/3 | €4,944 | €8,546 | +€3,602 | +72.9% |
| Accrued charges and deferred income | 492/3 | €398 | €404 | +€6 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,148 | +€3,148 | |
| Other operating charges | 640/8 | €3,474 | €2,961 | -€513 | -14.8% |
| Gross operating margin | 9900 | €15,408 | €22,031 | +€6,623 | +43.0% |
| Operating profit (loss) | 9901 | €11,934 | €15,922 | +€3,988 | +33.4% |
| Financial income | 75/76B | €1,885 | €1,662 | -€223 | -11.8% |
| Recurring financial income | 75 | €1,885 | €1,662 | -€223 | -11.8% |
| Financial charges | 65/66B | €724 | €461 | -€263 | -36.3% |
| Recurring financial charges | 65 | €724 | €461 | -€263 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €13,095 | €17,123 | +€4,029 | +30.8% |
| Income taxes | 67/77 | €6,600 | €7,577 | +€977 | +14.8% |
| Profit (loss) for the period | 9904 | €6,495 | €9,546 | +€3,051 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,495 | €9,546 | +€3,051 | +47.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.