LAURACEA: 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.
LAURACEA
Largest movements
- Current investments -€275,000
down €275,000 (-100.0%), from €275,000 to €0
- Cash +€93,565
up €93,565 (+163.1%), from €57,378 to €150,943
mainly Other debts (+€358,214) and Net result for the year (+€283,997)
- Tangible fixed assets -€9,550
down €9,550 (-15.5%), from €61,796 to €52,245
- Receivables within one year +€8,991
up €8,991 (+5.7%), from €157,525 to €166,516
of which Trade receivables: +€11,771
- Reserves -€521,664
down €521,664 (-100.0%), from €521,664 to €0
- Other debts +€358,214
up €358,214 (+10771.1%), from €3,326 to €361,540
- Tax, wage and social debts -€16,090
down €16,090 (-62.0%), from €25,943 to €9,854
of which Taxes: -€15,434
- Gross operating margin +€86,454
up €86,454 (+29.0%), from €298,145 to €384,599
- Taxes +€18,371
up €18,371 (+25.4%), from €72,313 to €90,684
- Depreciation +€10,670
up €10,670 (+397.6%), from €2,683 to €13,353
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 | €554,391 | €372,676 | -€181,714 | -32.8% |
| Fixed assets | 21/28 | €61,796 | €52,245 | -€9,550 | -15.5% |
| Tangible fixed assets | 22/27 | €61,796 | €52,245 | -€9,550 | -15.5% |
| Furniture and vehicles | 24 | €61,796 | €52,245 | -€9,550 | -15.5% |
| Current assets | 29/58 | €492,595 | €320,431 | -€172,164 | -35.0% |
| Amounts receivable within one year | 40/41 | €157,525 | €166,516 | +€8,991 | +5.7% |
| Trade receivables | 40 | €154,611 | €166,382 | +€11,771 | +7.6% |
| Other amounts receivable | 41 | €2,914 | €134 | -€2,780 | -95.4% |
| Current investments | 50/53 | €275,000 | €0 | -€275,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €57,378 | €150,943 | +€93,565 | +163.1% |
| Deferred charges and accrued income | 490/1 | €2,692 | €2,972 | +€280 | +10.4% |
| Total equity and liabilities | 10/49 | €554,391 | €372,676 | -€181,714 | -32.8% |
| Equity | 10/15 | €522,664 | €1,000 | -€521,664 | -99.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €521,664 | €0 | -€521,664 | -100.0% |
| Distributable reserves | 133 | €521,664 | €0 | -€521,664 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €31,726 | €371,676 | +€339,950 | +1071.5% |
| Amounts payable within one year | 42/48 | €31,726 | €371,664 | +€339,937 | +1071.5% |
| Trade debts | 44 | €2,458 | €271 | -€2,187 | -89.0% |
| Suppliers | 440/4 | €2,458 | €271 | -€2,187 | -89.0% |
| Taxes, remuneration and social security | 45 | €25,943 | €9,854 | -€16,090 | -62.0% |
| Taxes | 450/3 | €22,410 | €6,976 | -€15,434 | -68.9% |
| Remuneration and social security | 454/9 | €3,533 | €2,877 | -€656 | -18.6% |
| Other amounts payable | 47/48 | €3,326 | €361,540 | +€358,214 | +10771.1% |
| Accrued charges and deferred income | 492/3 | €0 | €13 | +€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,683 | €13,353 | +€10,670 | +397.6% |
| Other operating charges | 640/8 | €219 | €811 | +€593 | +271.1% |
| Gross operating margin | 9900 | €298,145 | €384,599 | +€86,454 | +29.0% |
| Operating profit (loss) | 9901 | €295,243 | €370,435 | +€75,192 | +25.5% |
| Financial income | 75/76B | €8,119 | €4,406 | -€3,713 | -45.7% |
| Recurring financial income | 75 | €8,119 | €4,406 | -€3,713 | -45.7% |
| Financial charges | 65/66B | €135 | €160 | +€25 | +18.7% |
| Recurring financial charges | 65 | €135 | €160 | +€25 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €303,227 | €374,681 | +€71,454 | +23.6% |
| Income taxes | 67/77 | €72,313 | €90,684 | +€18,371 | +25.4% |
| Profit (loss) for the period | 9904 | €230,914 | €283,997 | +€53,083 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €230,914 | €283,997 | +€53,083 | +23.0% |
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 4 October 2026 via checked.be.