LAUPHIL: 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.
What changed
LAUPHIL
NACE 46.412, Wholesale of household textiles and bedding
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€302,759
2024 · €20,058+€282,701
Equity
€1.2m
2024 · €746,080+€422,975
Cash
€50,446
2024 · €3,784+€46,662
Balance sheet total
€2.7m
2024 · €2.7m+€21,259
Largest movements
Assets
- Cash +€46,662
up €46,662 (+1233.1%), from €3,784 to €50,446
mainly Net result for the year (+€302,759) and Depreciation (+€133,852)
Equity and liabilities
- Reserves +€363,775
up €363,775 (+56.4%), from €645,434 to €1.0m
of which Distributable reserves: +€218,000
- Debts after one year -€169,531
down €169,531 (-16.3%), from €1.0m to €871,220
of which Financial debts: -€166,301
- Profit (loss) carried forward +€127,579
up €127,579, from -€115,048 to €12,531
- Short-term financial debts -€123,560
down €123,560 (-46.0%), from €268,560 to €145,000
- Revaluation surpluses -€68,379
down €68,379 (-44.5%), from €153,694 to €85,315
Income statement
- Gross operating margin +€368,499
up €368,499 (+159.6%), from €230,907 to €599,407
- Taxes +€106,102
up €106,102 (+314.8%), from €33,708 to €139,810
- Provisions -€13,000
down €13,000 (-1300.0%), from -€1,000 to -€14,000
- Depreciation +€8,022
up €8,022 (+6.4%), from €125,830 to €133,852
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.
Result 2024
€20,058
Gross operating margin
+€368,499
Staff costs
-€30
Depreciation
-€8,022
Provisions
+€13,000
Other operating charges
+€1,183
Other operating items
+€180
Financial income
-€245
Financial charges
+€4,678
Taxes
-€106,102
Deferred taxes and other
+€9,559
Result 2025
€302,759
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.
From operations
+€376,386
Investment
-€108,345
Financing
-€221,379
Cash 2024
€3,784
From operations (derived)
+€376,386
Net result for the year
+€302,759
Depreciation
+€133,852
Receivables after one year
+€11,785
Receivables within one year
-€22,402
Deferred charges and accrued income
+€10,513
Provisions
+€34,592
Trade debts
-€55,611
Tax, wage and social debts
-€30,375
Other debts
-€1,566
Accrued charges and deferred income
-€7,161
Investment (derived)
-€108,345
Investment in fixed assets (net)
-€108,345
Financing
-€221,379
Debts after one year
-€169,531
Current portion of long-term debt
-€48,504
Short-term financial debts
-€123,560
Contributions, distributions and other
+€120,216
Cash 2025
€50,446
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,672,398 | €2,693,657 | +€21,259 | +0.8% |
| Fixed assets | 21/28 | €2,500,928 | €2,475,421 | -€25,508 | -1.0% |
| Tangible fixed assets | 22/27 | €2,319,154 | €2,293,647 | -€25,508 | -1.1% |
| Land and buildings | 22 | €2,039,278 | €2,054,959 | +€15,681 | +0.8% |
| Furniture and vehicles | 24 | €3,577 | €4,497 | +€920 | +25.7% |
| Other tangible fixed assets | 26 | €276,299 | €234,190 | -€42,109 | -15.2% |
| Financial fixed assets | 28 | €181,774 | €181,774 | = | 0.0% |
| Current assets | 29/58 | €171,470 | €218,236 | +€46,767 | +27.3% |
| Amounts receivable after more than one year | 29 | €139,792 | €128,007 | -€11,785 | -8.4% |
| Other amounts receivable | 291 | €139,792 | €128,007 | -€11,785 | -8.4% |
| Amounts receivable within one year | 40/41 | €12,715 | €35,117 | +€22,402 | +176.2% |
| Trade receivables | 40 | €597 | €10,023 | +€9,426 | +1579.6% |
| Other amounts receivable | 41 | €12,118 | €25,094 | +€12,976 | +107.1% |
| Cash at bank and in hand | 54/58 | €3,784 | €50,446 | +€46,662 | +1233.1% |
| Deferred charges and accrued income | 490/1 | €15,178 | €4,666 | -€10,513 | -69.3% |
| Total equity and liabilities | 10/49 | €2,672,398 | €2,693,657 | +€21,259 | +0.8% |
| Equity | 10/15 | €746,080 | €1,169,055 | +€422,975 | +56.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €153,694 | €85,315 | -€68,379 | -44.5% |
| Reserves | 13 | €645,434 | €1,009,208 | +€363,775 | +56.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €515,884 | €661,658 | +€145,775 | +28.3% |
| Distributable reserves | 133 | €123,350 | €341,350 | +€218,000 | +176.7% |
| Profit (loss) carried forward | 14 | -€115,048 | €12,531 | +€127,579 | |
| Provisions and deferred taxes | 16 | €349,883 | €384,475 | +€34,592 | +9.9% |
| Provisions for liabilities and charges | 160/5 | €177,922 | €163,922 | -€14,000 | -7.9% |
| Pensions and similar obligations | 160 | €163,922 | €163,922 | = | 0.0% |
| Major repairs and maintenance | 162 | €14,000 | - | -€14,000 | |
| Deferred taxes | 168 | €171,961 | €220,553 | +€48,592 | +28.3% |
| Amounts payable | 17/49 | €1,576,434 | €1,140,127 | -€436,307 | -27.7% |
| Amounts payable after more than one year | 17 | €1,040,751 | €871,220 | -€169,531 | -16.3% |
| Financial debts | 170/4 | €1,025,836 | €859,535 | -€166,301 | -16.2% |
| Advances received on contracts in progress | 176 | €14,915 | €11,685 | -€3,230 | -21.7% |
| Amounts payable within one year | 42/48 | €523,944 | €264,329 | -€259,615 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €117,729 | €69,225 | -€48,504 | -41.2% |
| Financial debts | 43 | €268,560 | €145,000 | -€123,560 | -46.0% |
| Credit institutions | 430/8 | €268,560 | €145,000 | -€123,560 | -46.0% |
| Trade debts | 44 | €75,695 | €20,085 | -€55,611 | -73.5% |
| Suppliers | 440/4 | €75,695 | €20,085 | -€55,611 | -73.5% |
| Taxes, remuneration and social security | 45 | €60,344 | €29,969 | -€30,375 | -50.3% |
| Taxes | 450/3 | €60,344 | €29,969 | -€30,375 | -50.3% |
| Other amounts payable | 47/48 | €1,616 | €51 | -€1,566 | -96.9% |
| Accrued charges and deferred income | 492/3 | €11,739 | €4,578 | -€7,161 | -61.0% |
| Non-recurring operating income | 76A | €4,073 | €366,618 | +€362,545 | +8901.0% |
| Remuneration, social security and pensions | 62 | €1,770 | €1,800 | +€30 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,830 | €133,852 | +€8,022 | +6.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,000 | -€14,000 | -€13,000 | -1300.0% |
| Other operating charges | 640/8 | €7,060 | €5,878 | -€1,183 | -16.8% |
| Non-recurring operating charges | 66A | €705 | €525 | -€180 | -25.5% |
| Gross operating margin | 9900 | €230,907 | €599,407 | +€368,499 | +159.6% |
| Operating profit (loss) | 9901 | €96,541 | €471,352 | +€374,811 | +388.2% |
| Financial income | 75/76B | €3,136 | €2,892 | -€245 | -7.8% |
| Recurring financial income | 75 | €3,136 | €2,892 | -€245 | -7.8% |
| Financial charges | 65/66B | €59,117 | €54,439 | -€4,678 | -7.9% |
| Recurring financial charges | 65 | €59,117 | €54,439 | -€4,678 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €40,561 | €419,805 | +€379,244 | +935.0% |
| Transfer from deferred taxes | 780 | €13,204 | €22,764 | +€9,559 | +72.4% |
| Income taxes | 67/77 | €33,708 | €139,810 | +€106,102 | +314.8% |
| Profit (loss) for the period | 9904 | €20,058 | €302,759 | +€282,701 | +1409.4% |
| Transfer from tax-exempt reserves | 789 | €39,612 | €42,820 | +€3,208 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,670 | €345,579 | +€285,909 | +479.1% |
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 6 October 2026 via checked.be.