LAURA AERTS: 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.
LAURA AERTS
Largest movements
- Cash +€22,697
up €22,697 (+80.9%), from €28,053 to €50,750
mainly Net result for the year (+€35,667) and Other debts (+€20,579)
- Receivables within one year +€13,660
up €13,660 (+3,656%), from €374 to €14,034
of which Trade receivables: +€10,000
- Tangible fixed assets -€4,840
down €4,840 (-70.3%), from €6,889 to €2,050
of which Furniture and vehicles: -€3,698
- Other debts +€20,579
up €20,579 (+695%), from €2,961 to €23,540
- Reserves +€10,667
up €10,667 (+36.7%), from €29,099 to €39,766
- Tax, wage and social debts +€1,878
new in 2025: €1,878
- Trade debts -€1,519
down €1,519 (-64.1%), from €2,369 to €850
- Gross operating margin +€24,773
up €24,773 (+90.0%), from €27,524 to €52,298
- Taxes +€5,340
up €5,340 (+104%), from €5,126 to €10,466
- Other operating charges +€936
up €936 (+116%), from €807 to €1,743
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 | €37,979 | €69,584 | +€31,605 | +83.2% |
| Fixed assets | 21/28 | €9,389 | €4,550 | -€4,840 | -51.5% |
| Tangible fixed assets | 22/27 | €6,889 | €2,050 | -€4,840 | -70.3% |
| Plant, machinery and equipment | 23 | €1,478 | €337 | -€1,142 | -77.2% |
| Furniture and vehicles | 24 | €5,411 | €1,713 | -€3,698 | -68.3% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €28,589 | €65,034 | +€36,445 | +127% |
| Amounts receivable within one year | 40/41 | €374 | €14,034 | +€13,660 | +3,656% |
| Trade receivables | 40 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | €374 | €4,034 | +€3,660 | +979% |
| Cash at bank and in hand | 54/58 | €28,053 | €50,750 | +€22,697 | +80.9% |
| Deferred charges and accrued income | 490/1 | €162 | €250 | +€88 | +54.0% |
| Total equity and liabilities | 10/49 | €37,979 | €69,584 | +€31,605 | +83.2% |
| Equity | 10/15 | €31,149 | €41,816 | +€10,667 | +34.2% |
| Contributions | 10/11 | €2,050 | €2,050 | = | 0.0% |
| Reserves | 13 | €29,099 | €39,766 | +€10,667 | +36.7% |
| Distributable reserves | 133 | €29,099 | €39,766 | +€10,667 | +36.7% |
| Amounts payable | 17/49 | €6,830 | €27,768 | +€20,937 | +307% |
| Amounts payable within one year | 42/48 | €5,330 | €26,268 | +€20,937 | +393% |
| Trade debts | 44 | €2,369 | €850 | -€1,519 | -64.1% |
| Suppliers | 440/4 | €2,369 | €850 | -€1,519 | -64.1% |
| Taxes, remuneration and social security | 45 | - | €1,878 | +€1,878 | |
| Remuneration and social security | 454/9 | - | €1,878 | +€1,878 | |
| Other amounts payable | 47/48 | €2,961 | €23,540 | +€20,579 | +695% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,580 | €4,346 | -€234 | -5.1% |
| Other operating charges | 640/8 | €807 | €1,743 | +€936 | +116% |
| Gross operating margin | 9900 | €27,524 | €52,298 | +€24,773 | +90.0% |
| Operating profit (loss) | 9901 | €22,137 | €46,208 | +€24,072 | +109% |
| Financial income | 75/76B | €57 | - | -€57 | |
| Recurring financial income | 75 | €57 | - | -€57 | |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €22,121 | €46,133 | +€24,013 | +109% |
| Income taxes | 67/77 | €5,126 | €10,466 | +€5,340 | +104% |
| Profit (loss) for the period | 9904 | €16,994 | €35,667 | +€18,673 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €16,994 | €35,667 | +€18,673 | +110% |
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 25 October 2026 via checked.be.