LAUMAR: 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.
LAUMAR
Largest movements
- Tangible fixed assets +€42,357
up €42,357 (+805.7%), from €5,257 to €47,614
of which Other tangible fixed assets: +€44,689
- Cash +€23,407
up €23,407 (+108.3%), from €21,623 to €45,030
mainly Debts after one year (+€36,675) and Net result for the year (+€20,963)
- Debts after one year +€36,675
new in 2025: €36,675
- Reserves +€11,298
up €11,298 (+564.9%), from €2,000 to €13,298
- Profit (loss) carried forward +€9,665
no longer reported in 2025 (was -€9,665)
- Current portion of long-term debt +€3,592
up €3,592 (+142.8%), from €2,515 to €6,107
- Trade debts +€2,164
up €2,164 (+14.7%), from €14,760 to €16,924
- Gross operating margin +€14,945
up €14,945 (+23.0%), from €64,998 to €79,943
- Taxes +€4,462
up €4,462 (+1701.2%), from €262 to €4,724
- Staff costs -€4,270
down €4,270 (-9.1%), from €47,176 to €42,906
- Depreciation -€2,487
down €2,487 (-28.2%), from €8,806 to €6,319
- Financial charges +€1,755
up €1,755 (+176.9%), from €992 to €2,747
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 | €39,170 | €104,895 | +€65,725 | +167.8% |
| Fixed assets | 21/28 | €5,507 | €47,864 | +€42,357 | +769.1% |
| Tangible fixed assets | 22/27 | €5,257 | €47,614 | +€42,357 | +805.7% |
| Plant, machinery and equipment | 23 | €1,387 | €653 | -€735 | -52.9% |
| Furniture and vehicles | 24 | €3,870 | €2,273 | -€1,597 | -41.3% |
| Other tangible fixed assets | 26 | - | €44,689 | +€44,689 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €33,663 | €57,031 | +€23,368 | +69.4% |
| Stocks and contracts in progress | 3 | €5,998 | €5,384 | -€614 | -10.2% |
| Stocks | 30/36 | €5,998 | €5,384 | -€614 | -10.2% |
| Amounts receivable within one year | 40/41 | €3,157 | €4,117 | +€960 | +30.4% |
| Trade receivables | 40 | €1,057 | €992 | -€65 | -6.1% |
| Other amounts receivable | 41 | €2,100 | €3,125 | +€1,025 | +48.8% |
| Cash at bank and in hand | 54/58 | €21,623 | €45,030 | +€23,407 | +108.3% |
| Deferred charges and accrued income | 490/1 | €2,885 | €2,500 | -€385 | -13.4% |
| Total equity and liabilities | 10/49 | €39,170 | €104,895 | +€65,725 | +167.8% |
| Equity | 10/15 | €12,335 | €33,298 | +€20,963 | +170.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €13,298 | +€11,298 | +564.9% |
| Distributable reserves | 133 | €2,000 | €13,298 | +€11,298 | +564.9% |
| Profit (loss) carried forward | 14 | -€9,665 | - | +€9,665 | |
| Amounts payable | 17/49 | €26,835 | €71,597 | +€44,761 | +166.8% |
| Amounts payable after more than one year | 17 | - | €36,675 | +€36,675 | |
| Financial debts | 170/4 | - | €36,675 | +€36,675 | |
| Amounts payable within one year | 42/48 | €25,770 | €33,604 | +€7,835 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | €2,515 | €6,107 | +€3,592 | +142.8% |
| Trade debts | 44 | €14,760 | €16,924 | +€2,164 | +14.7% |
| Suppliers | 440/4 | €14,760 | €16,924 | +€2,164 | +14.7% |
| Taxes, remuneration and social security | 45 | €6,558 | €6,587 | +€29 | +0.4% |
| Taxes | 450/3 | €4,822 | €2,783 | -€2,039 | -42.3% |
| Remuneration and social security | 454/9 | €1,736 | €3,804 | +€2,068 | +119.1% |
| Other amounts payable | 47/48 | €1,937 | €3,987 | +€2,049 | +105.8% |
| Accrued charges and deferred income | 492/3 | €1,066 | €1,317 | +€252 | +23.6% |
| Remuneration, social security and pensions | 62 | €47,176 | €42,906 | -€4,270 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,806 | €6,319 | -€2,487 | -28.2% |
| Other operating charges | 640/8 | €2,186 | €2,283 | +€98 | +4.5% |
| Gross operating margin | 9900 | €64,998 | €79,943 | +€14,945 | +23.0% |
| Operating profit (loss) | 9901 | €6,830 | €28,435 | +€21,604 | +316.3% |
| Financial charges | 65/66B | €992 | €2,747 | +€1,755 | +176.9% |
| Recurring financial charges | 65 | €992 | €2,747 | +€1,755 | +176.9% |
| Profit (loss) for the period before taxes | 9903 | €5,838 | €25,687 | +€19,849 | +340.0% |
| Income taxes | 67/77 | €262 | €4,724 | +€4,462 | +1701.2% |
| Profit (loss) for the period | 9904 | €5,576 | €20,963 | +€15,388 | +276.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,576 | €20,963 | +€15,388 | +276.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.