LAURA - LEX: 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 - LEX
Largest movements
- Cash -€29,017
down €29,017 (-33.3%), from €87,235 to €58,217
mainly Receivables within one year (-€21,283) and Contributions, distributions and other (-€20,142)
- Receivables within one year +€21,283
new in 2025: €21,283
of which Other amounts receivable: +€17,290
- Reserves -€10,071
down €10,071 (-14.4%), from €70,087 to €60,016
of which Distributable reserves: -€10,071
- Tax, wage and social debts +€6,639
up €6,639 (+168%), from €3,949 to €10,587
- Other debts -€3,775
no longer reported in 2025 (was €3,775)
- Trade debts -€1,035
down €1,035 (-91.2%), from €1,135 to €100
- Gross operating margin -€13,307
down €13,307 (-41.5%), from €32,065 to €18,759
- Taxes -€4,199
down €4,199 (-39.8%), from €10,543 to €6,344
- Financial income +€432
up €432 (+14,388%), from €3 to €435
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 | €97,537 | €89,295 | -€8,242 | -8.4% |
| Fixed assets | 21/28 | €10,302 | €9,795 | -€507 | -4.9% |
| Tangible fixed assets | 22/27 | €10,302 | €9,795 | -€507 | -4.9% |
| Land and buildings | 22 | €8,791 | €8,545 | -€245 | -2.8% |
| Furniture and vehicles | 24 | €1,512 | €1,250 | -€262 | -17.3% |
| Current assets | 29/58 | €87,235 | €79,500 | -€7,735 | -8.9% |
| Amounts receivable within one year | 40/41 | - | €21,283 | +€21,283 | |
| Trade receivables | 40 | - | €3,993 | +€3,993 | |
| Other amounts receivable | 41 | - | €17,290 | +€17,290 | |
| Cash at bank and in hand | 54/58 | €87,235 | €58,217 | -€29,017 | -33.3% |
| Total equity and liabilities | 10/49 | €97,537 | €89,295 | -€8,242 | -8.4% |
| Equity | 10/15 | €88,679 | €78,608 | -€10,071 | -11.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €70,087 | €60,016 | -€10,071 | -14.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €68,228 | €58,156 | -€10,071 | -14.8% |
| Amounts payable | 17/49 | €8,858 | €10,688 | +€1,830 | +20.7% |
| Amounts payable within one year | 42/48 | €8,858 | €10,688 | +€1,830 | +20.7% |
| Trade debts | 44 | €1,135 | €100 | -€1,035 | -91.2% |
| Suppliers | 440/4 | €1,135 | €100 | -€1,035 | -91.2% |
| Taxes, remuneration and social security | 45 | €3,949 | €10,587 | +€6,639 | +168% |
| Taxes | 450/3 | €3,949 | €10,587 | +€6,639 | +168% |
| Other amounts payable | 47/48 | €3,775 | - | -€3,775 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €512 | €507 | -€4 | -0.9% |
| Other operating charges | 640/8 | €2,162 | €2,218 | +€56 | +2.6% |
| Gross operating margin | 9900 | €32,065 | €18,759 | -€13,307 | -41.5% |
| Operating profit (loss) | 9901 | €29,392 | €16,034 | -€13,359 | -45.4% |
| Financial income | 75/76B | €3 | €435 | +€432 | +14,388% |
| Recurring financial income | 75 | €3 | €435 | +€432 | +14,388% |
| Financial charges | 65/66B | - | €54 | +€54 | |
| Recurring financial charges | 65 | - | €54 | +€54 | |
| Profit (loss) for the period before taxes | 9903 | €29,395 | €16,414 | -€12,981 | -44.2% |
| Income taxes | 67/77 | €10,543 | €6,344 | -€4,199 | -39.8% |
| Profit (loss) for the period | 9904 | €18,852 | €10,070 | -€8,782 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,852 | €10,070 | -€8,782 | -46.6% |
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 13 October 2026 via checked.be.