LAULEY: 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.
LAULEY
Largest movements
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Tangible fixed assets -€33,966
down €33,966 (-3.6%), from €950,579 to €916,613
of which Land and buildings: -€33,859
- Cash +€22,517
up €22,517 (+209%), from €10,781 to €33,298
mainly Current investments (+€200,000) and Depreciation (+€42,803)
- Debts after one year -€265,742
down €265,742 (-78.1%), from €340,421 to €74,679
of which Other amounts payable: -€225,408
- Profit (loss) carried forward +€38,042
up €38,042 (+6.3%), from €606,310 to €644,352
- Trade debts +€20,423
up €20,423 (+109%), from €18,782 to €39,205
- Gross operating margin +€32,584
up €32,584 (+23.0%), from €141,883 to €174,467
- Taxes +€15,561
up €15,561, from -€700 to €14,861
- Financial charges -€11,198
down €11,198 (-56.3%), from €19,873 to €8,675
- Financial income +€6,483
up €6,483 (+32,415,500%), from €0 to €6,483
- Other operating charges -€5,040
down €5,040 (-55.9%), from €9,019 to €3,978
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 | €1,196,641 | €993,241 | -€203,400 | -17.0% |
| Fixed assets | 21/28 | €952,730 | €918,736 | -€33,994 | -3.6% |
| Tangible fixed assets | 22/27 | €950,579 | €916,613 | -€33,966 | -3.6% |
| Land and buildings | 22 | €932,403 | €898,544 | -€33,859 | -3.6% |
| Plant, machinery and equipment | 23 | €337 | €4,546 | +€4,209 | +1,248% |
| Furniture and vehicles | 24 | €17,838 | €13,523 | -€4,315 | -24.2% |
| Financial fixed assets | 28 | €2,151 | €2,123 | -€29 | -1.3% |
| Current assets | 29/58 | €243,911 | €74,505 | -€169,405 | -69.5% |
| Amounts receivable within one year | 40/41 | €31,251 | €39,569 | +€8,318 | +26.6% |
| Trade receivables | 40 | €31,251 | €39,569 | +€8,318 | +26.6% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €10,781 | €33,298 | +€22,517 | +209% |
| Deferred charges and accrued income | 490/1 | €1,879 | €1,639 | -€240 | -12.8% |
| Total equity and liabilities | 10/49 | €1,196,641 | €993,241 | -€203,400 | -17.0% |
| Equity | 10/15 | €764,262 | €802,304 | +€38,042 | +5.0% |
| Contributions | 10/11 | €143,592 | €143,592 | = | 0.0% |
| Capital | 10 | €143,592 | €143,592 | = | 0.0% |
| Issued capital | 100 | €143,592 | €143,592 | = | 0.0% |
| Reserves | 13 | €14,359 | €14,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,359 | €14,359 | = | 0.0% |
| Legal reserve | 130 | €14,359 | €14,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | €606,310 | €644,352 | +€38,042 | +6.3% |
| Amounts payable | 17/49 | €432,379 | €190,937 | -€241,442 | -55.8% |
| Amounts payable after more than one year | 17 | €340,421 | €74,679 | -€265,742 | -78.1% |
| Financial debts | 170/4 | €114,860 | €74,527 | -€40,334 | -35.1% |
| Other amounts payable | 178/9 | €225,561 | €152 | -€225,408 | -99.9% |
| Amounts payable within one year | 42/48 | €91,958 | €116,258 | +€24,300 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €38,774 | €40,334 | +€1,560 | +4.0% |
| Trade debts | 44 | €18,782 | €39,205 | +€20,423 | +109% |
| Suppliers | 440/4 | €18,782 | €39,205 | +€20,423 | +109% |
| Advances received on contracts in progress | 46 | €6,708 | - | -€6,708 | |
| Taxes, remuneration and social security | 45 | €27,694 | €36,720 | +€9,026 | +32.6% |
| Taxes | 450/3 | €16,017 | €27,862 | +€11,845 | +74.0% |
| Remuneration and social security | 454/9 | €11,677 | €8,858 | -€2,819 | -24.1% |
| Remuneration, social security and pensions | 62 | €68,733 | €72,590 | +€3,857 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,810 | €42,803 | -€7 | 0.0% |
| Other operating charges | 640/8 | €9,019 | €3,978 | -€5,040 | -55.9% |
| Gross operating margin | 9900 | €141,883 | €174,467 | +€32,584 | +23.0% |
| Operating profit (loss) | 9901 | €21,321 | €55,095 | +€33,774 | +158% |
| Financial income | 75/76B | €0 | €6,483 | +€6,483 | +32,415,500% |
| Recurring financial income | 75 | €0 | €6,483 | +€6,483 | +32,415,500% |
| Financial charges | 65/66B | €19,873 | €8,675 | -€11,198 | -56.3% |
| Recurring financial charges | 65 | €19,873 | €8,675 | -€11,198 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | €1,448 | €52,903 | +€51,455 | +3,552% |
| Income taxes | 67/77 | -€700 | €14,861 | +€15,561 | |
| Profit (loss) for the period | 9904 | €2,149 | €38,042 | +€35,893 | +1,670% |
| Profit (loss) for the period to be appropriated | 9905 | €2,149 | €38,042 | +€35,893 | +1,670% |
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 13 October 2026 via checked.be.