Laura Van den Abeele: 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 Van den Abeele
Largest movements
- Cash -€52,896
down €52,896 (-41.7%), from €126,775 to €73,878
mainly Other debts (-€60,000) and Contributions, distributions and other (-€40,000)
- Deferred charges and accrued income -€4,457
down €4,457 (-23.1%), from €19,328 to €14,871
- Tangible fixed assets -€2,497
down €2,497 (-16.9%), from €14,764 to €12,267
of which Furniture and vehicles: -€3,521
- Other debts -€60,000
down €60,000 (-60.0%), from €100,000 to €40,000
- Debts after one year -€4,932
down €4,932 (-74.9%), from €6,589 to €1,657
- Profit (loss) carried forward +€3,651
up €3,651 (+7.1%), from €51,598 to €55,248
- Tax, wage and social debts +€2,938
new in 2025: €2,938
- Gross operating margin -€14,199
down €14,199 (-17.1%), from €83,004 to €68,805
- Taxes +€1,587
up €1,587 (+10.5%), from €15,081 to €16,667
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 | €164,490 | €106,092 | -€58,398 | -35.5% |
| Fixed assets | 21/28 | €14,869 | €12,372 | -€2,497 | -16.8% |
| Tangible fixed assets | 22/27 | €14,764 | €12,267 | -€2,497 | -16.9% |
| Plant, machinery and equipment | 23 | €510 | €1,534 | +€1,024 | +201% |
| Furniture and vehicles | 24 | €14,254 | €10,733 | -€3,521 | -24.7% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €149,621 | €93,720 | -€55,901 | -37.4% |
| Amounts receivable within one year | 40/41 | €3,519 | €4,971 | +€1,452 | +41.3% |
| Other amounts receivable | 41 | €3,519 | €4,971 | +€1,452 | +41.3% |
| Cash at bank and in hand | 54/58 | €126,775 | €73,878 | -€52,896 | -41.7% |
| Deferred charges and accrued income | 490/1 | €19,328 | €14,871 | -€4,457 | -23.1% |
| Total equity and liabilities | 10/49 | €164,490 | €106,092 | -€58,398 | -35.5% |
| Equity | 10/15 | €52,598 | €56,248 | +€3,651 | +6.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,598 | €55,248 | +€3,651 | +7.1% |
| Amounts payable | 17/49 | €111,892 | €49,844 | -€62,048 | -55.5% |
| Amounts payable after more than one year | 17 | €6,589 | €1,657 | -€4,932 | -74.9% |
| Financial debts | 170/4 | €6,589 | €1,657 | -€4,932 | -74.9% |
| Amounts payable within one year | 42/48 | €105,303 | €48,187 | -€57,116 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €4,876 | €4,932 | +€56 | +1.2% |
| Trade debts | 44 | €427 | €317 | -€110 | -25.9% |
| Suppliers | 440/4 | €427 | €317 | -€110 | -25.9% |
| Taxes, remuneration and social security | 45 | - | €2,938 | +€2,938 | |
| Remuneration and social security | 454/9 | - | €2,938 | +€2,938 | |
| Other amounts payable | 47/48 | €100,000 | €40,000 | -€60,000 | -60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,886 | €6,871 | -€15 | -0.2% |
| Other operating charges | 640/8 | €1,071 | €1,488 | +€418 | +39.0% |
| Gross operating margin | 9900 | €83,004 | €68,805 | -€14,199 | -17.1% |
| Operating profit (loss) | 9901 | €75,047 | €60,445 | -€14,602 | -19.5% |
| Financial income | 75/76B | €6 | €0 | -€6 | -98.4% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -98.4% |
| Financial charges | 65/66B | €207 | €128 | -€79 | -38.2% |
| Recurring financial charges | 65 | €207 | €128 | -€79 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | €74,847 | €60,318 | -€14,529 | -19.4% |
| Income taxes | 67/77 | €15,081 | €16,667 | +€1,587 | +10.5% |
| Profit (loss) for the period | 9904 | €59,766 | €43,651 | -€16,116 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,766 | €43,651 | -€16,116 | -27.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.