Launne: 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.
Launne
Largest movements
- Receivables within one year -€710,798
down €710,798 (-99.7%), from €713,004 to €2,206
- Other debts -€721,854
down €721,854 (-87.3%), from €826,555 to €104,701
- Gross operating margin +€5,450
up €5,450 (+19.1%), from €28,517 to €33,967
- Financial income -€3,611
down €3,611 (-14.4%), from €25,139 to €21,528
- Financial charges +€3,266
up €3,266 (+7.9%), from €41,404 to €44,670
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 | €2,228,473 | €1,514,042 | -€714,431 | -32.1% |
| Fixed assets | 21/28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Current assets | 29/58 | €728,473 | €14,042 | -€714,431 | -98.1% |
| Amounts receivable within one year | 40/41 | €713,004 | €2,206 | -€710,798 | -99.7% |
| Other amounts receivable | 41 | €713,004 | €2,206 | -€710,798 | -99.7% |
| Cash at bank and in hand | 54/58 | €12,572 | €8,939 | -€3,633 | -28.9% |
| Deferred charges and accrued income | 490/1 | €2,897 | €2,897 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,228,473 | €1,514,042 | -€714,431 | -32.1% |
| Equity | 10/15 | €797,234 | €806,941 | +€9,707 | +1.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €747,234 | €756,941 | +€9,707 | +1.3% |
| Distributable reserves | 133 | €747,234 | €756,941 | +€9,707 | +1.3% |
| Amounts payable | 17/49 | €1,431,239 | €707,101 | -€724,138 | -50.6% |
| Amounts payable after more than one year | 17 | €600,000 | €600,000 | = | 0.0% |
| Financial debts | 170/4 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €831,239 | €107,101 | -€724,138 | -87.1% |
| Trade debts | 44 | €4,684 | €1,033 | -€3,651 | -77.9% |
| Suppliers | 440/4 | €4,684 | €1,033 | -€3,651 | -77.9% |
| Taxes, remuneration and social security | 45 | - | €1,367 | +€1,367 | |
| Taxes | 450/3 | - | €1,367 | +€1,367 | |
| Other amounts payable | 47/48 | €826,555 | €104,701 | -€721,854 | -87.3% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €28,517 | €33,967 | +€5,450 | +19.1% |
| Operating profit (loss) | 9901 | €27,431 | €32,849 | +€5,417 | +19.7% |
| Financial income | 75/76B | €25,139 | €21,528 | -€3,611 | -14.4% |
| Recurring financial income | 75 | €25,139 | €21,528 | -€3,611 | -14.4% |
| Financial charges | 65/66B | €41,404 | €44,670 | +€3,266 | +7.9% |
| Recurring financial charges | 65 | €41,404 | €44,670 | +€3,266 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €11,166 | €9,707 | -€1,459 | -13.1% |
| Profit (loss) for the period | 9904 | €11,166 | €9,707 | -€1,459 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,166 | €9,707 | -€1,459 | -13.1% |
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 28 October 2026 via checked.be.