LAURA HEYLEN: what changed
LAURA HEYLEN
Largest movements
- Receivables within one year -€14,149
down €14,149 (-47.8%), from €29,572 to €15,423
of which Other amounts receivable: -€8,705
- Cash -€2,440
down €2,440 (-94.9%), from €2,571 to €132
mainly Contributions, distributions and other (-€11,000) and Net result for the year (-€6,576)
- Tangible fixed assets -€1,978
down €1,978 (-15.0%), from €13,155 to €11,177
of which Furniture and vehicles: -€1,190
- Reserves -€17,576
down €17,576 (-49.9%), from €35,230 to €17,654
- Trade debts -€1,629
down €1,629 (-63.1%), from €2,580 to €952
- Gross operating margin -€3,953
down €3,953 (-92.0%), from €4,298 to €345
- Taxes +€1,934
up €1,934 (+539%), from €359 to €2,293
- Other operating charges +€580
up €580 (+131%), from €442 to €1,021
- Financial charges -€269
down €269 (-50.9%), from €529 to €260
- Financial income -€263
down €263 (-46.6%), from €564 to €301
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,298 | €26,731 | -€18,567 | -41.0% |
| Fixed assets | 21/28 | €13,155 | €11,177 | -€1,978 | -15.0% |
| Tangible fixed assets | 22/27 | €13,155 | €11,177 | -€1,978 | -15.0% |
| Plant, machinery and equipment | 23 | €1,247 | €401 | -€846 | -67.8% |
| Furniture and vehicles | 24 | €2,985 | €1,795 | -€1,190 | -39.9% |
| Other tangible fixed assets | 26 | €8,923 | €8,981 | +€58 | +0.7% |
| Current assets | 29/58 | €32,144 | €15,555 | -€16,589 | -51.6% |
| Amounts receivable within one year | 40/41 | €29,572 | €15,423 | -€14,149 | -47.8% |
| Trade receivables | 40 | €20,868 | €15,423 | -€5,445 | -26.1% |
| Other amounts receivable | 41 | €8,705 | - | -€8,705 | |
| Cash at bank and in hand | 54/58 | €2,571 | €132 | -€2,440 | -94.9% |
| Total equity and liabilities | 10/49 | €45,298 | €26,731 | -€18,567 | -41.0% |
| Equity | 10/15 | €37,230 | €19,654 | -€17,576 | -47.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €35,230 | €17,654 | -€17,576 | -49.9% |
| Distributable reserves | 133 | €35,230 | €17,654 | -€17,576 | -49.9% |
| Amounts payable | 17/49 | €8,068 | €7,078 | -€990 | -12.3% |
| Amounts payable within one year | 42/48 | €8,068 | €6,849 | -€1,219 | -15.1% |
| Trade debts | 44 | €2,580 | €952 | -€1,629 | -63.1% |
| Suppliers | 440/4 | €2,580 | €952 | -€1,629 | -63.1% |
| Taxes, remuneration and social security | 45 | €5,488 | €5,634 | +€146 | +2.7% |
| Taxes | 450/3 | €5,488 | €5,634 | +€146 | +2.7% |
| Other amounts payable | 47/48 | - | €263 | +€263 | |
| Accrued charges and deferred income | 492/3 | - | €229 | +€229 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,370 | €3,178 | -€192 | -5.7% |
| Other operating charges | 640/8 | €442 | €1,021 | +€580 | +131% |
| Non-recurring operating charges | 66A | - | €470 | +€470 | |
| Gross operating margin | 9900 | €4,298 | €345 | -€3,953 | -92.0% |
| Operating profit (loss) | 9901 | €487 | -€4,324 | -€4,811 | |
| Financial income | 75/76B | €564 | €301 | -€263 | -46.6% |
| Recurring financial income | 75 | €564 | €301 | -€263 | -46.6% |
| Financial charges | 65/66B | €529 | €260 | -€269 | -50.9% |
| Recurring financial charges | 65 | €529 | €260 | -€269 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | €521 | -€4,283 | -€4,804 | |
| Income taxes | 67/77 | €359 | €2,293 | +€1,934 | +539% |
| Profit (loss) for the period | 9904 | €162 | -€6,576 | -€6,739 | |
| Profit (loss) for the period to be appropriated | 9905 | €162 | -€6,576 | -€6,739 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.