Laura Rousseaux: 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.
Laura Rousseaux
Largest movements
- Cash +€89,278
up €89,278 (+82.0%), from €108,899 to €198,177
mainly Net result for the year (+€98,931) and Depreciation (+€3,670)
- Receivables within one year +€12,105
up €12,105 (+15.7%), from €77,114 to €89,218
- Tangible fixed assets -€3,670
down €3,670 (-54.1%), from €6,788 to €3,118
- Profit (loss) carried forward +€98,931
up €98,931 (+54.4%), from €181,891 to €280,821
- Gross operating margin +€15,750
up €15,750 (+13.6%), from €116,008 to €131,758
- Taxes +€4,014
up €4,014 (+16.4%), from €24,432 to €28,446
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,855 | €290,568 | +€97,713 | +50.7% |
| Fixed assets | 21/28 | €6,842 | €3,172 | -€3,670 | -53.6% |
| Tangible fixed assets | 22/27 | €6,788 | €3,118 | -€3,670 | -54.1% |
| Furniture and vehicles | 24 | €6,788 | €3,118 | -€3,670 | -54.1% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €186,012 | €287,396 | +€101,383 | +54.5% |
| Amounts receivable within one year | 40/41 | €77,114 | €89,218 | +€12,105 | +15.7% |
| Trade receivables | 40 | €77,114 | €89,218 | +€12,105 | +15.7% |
| Cash at bank and in hand | 54/58 | €108,899 | €198,177 | +€89,278 | +82.0% |
| Total equity and liabilities | 10/49 | €192,855 | €290,568 | +€97,713 | +50.7% |
| Equity | 10/15 | €184,891 | €283,821 | +€98,931 | +53.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,891 | €280,821 | +€98,931 | +54.4% |
| Amounts payable | 17/49 | €7,964 | €6,747 | -€1,217 | -15.3% |
| Amounts payable within one year | 42/48 | €7,964 | €6,747 | -€1,217 | -15.3% |
| Trade debts | 44 | €2,584 | €224 | -€2,360 | -91.3% |
| Suppliers | 440/4 | €2,584 | €224 | -€2,360 | -91.3% |
| Taxes, remuneration and social security | 45 | €4,432 | €5,446 | +€1,014 | +22.9% |
| Taxes | 450/3 | €4,432 | €5,446 | +€1,014 | +22.9% |
| Other amounts payable | 47/48 | €948 | €1,077 | +€129 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,670 | €3,670 | = | 0.0% |
| Other operating charges | 640/8 | €686 | €638 | -€48 | -6.9% |
| Gross operating margin | 9900 | €116,008 | €131,758 | +€15,750 | +13.6% |
| Operating profit (loss) | 9901 | €111,652 | €127,450 | +€15,798 | +14.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €51 | €73 | +€22 | +43.7% |
| Recurring financial charges | 65 | €51 | €73 | +€22 | +43.7% |
| Profit (loss) for the period before taxes | 9903 | €111,601 | €127,377 | +€15,776 | +14.1% |
| Income taxes | 67/77 | €24,432 | €28,446 | +€4,014 | +16.4% |
| Profit (loss) for the period | 9904 | €87,169 | €98,931 | +€11,762 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,169 | €98,931 | +€11,762 | +13.5% |
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 3 October 2026 via checked.be.