LAURAL: 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.
LAURAL
Largest movements
- Stocks and contracts +€764,856
up €764,856 (+24.8%), from €3.1m to €3.8m
- Receivables within one year -€486,605
down €486,605 (-92.9%), from €523,727 to €37,122
of which Trade receivables: -€324,610
- Cash +€213,999
up €213,999 (+922.1%), from €23,207 to €237,206
mainly Receivables within one year (+€486,605) and Trade debts (+€287,196)
- Trade debts +€287,196
up €287,196 (+88.9%), from €323,218 to €610,415
- Other debts +€234,573
up €234,573 (+7.7%), from €3.1m to €3.3m
- Gross operating margin -€116,011
down €116,011, from €99,678 to -€16,333
- Financial charges -€16,365
down €16,365 (-90.7%), from €18,049 to €1,684
- Other operating charges -€2,162
down €2,162 (-13.4%), from €16,111 to €13,949
- Taxes -€1,871
no longer reported in 2024 (was €1,871)
- Financial income -€1,213
no longer reported in 2024 (was €1,213)
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,634,044 | €4,123,849 | +€489,806 | +13.5% |
| Fixed assets | 21/28 | €125 | €125 | = | 0.0% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €3,633,919 | €4,123,724 | +€489,806 | +13.5% |
| Stocks and contracts in progress | 3 | €3,084,540 | €3,849,396 | +€764,856 | +24.8% |
| Stocks | 30/36 | €3,084,540 | €3,849,396 | +€764,856 | +24.8% |
| Amounts receivable within one year | 40/41 | €523,727 | €37,122 | -€486,605 | -92.9% |
| Trade receivables | 40 | €332,056 | €7,446 | -€324,610 | -97.8% |
| Other amounts receivable | 41 | €191,671 | €29,676 | -€161,994 | -84.5% |
| Cash at bank and in hand | 54/58 | €23,207 | €237,206 | +€213,999 | +922.1% |
| Deferred charges and accrued income | 490/1 | €2,445 | - | -€2,445 | |
| Total equity and liabilities | 10/49 | €3,634,044 | €4,123,849 | +€489,806 | +13.5% |
| Equity | 10/15 | €249,647 | €217,682 | -€31,965 | -12.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,447 | €149,482 | -€31,965 | -17.6% |
| Amounts payable | 17/49 | €3,384,396 | €3,906,167 | +€521,771 | +15.4% |
| Amounts payable within one year | 42/48 | €3,384,396 | €3,906,167 | +€521,771 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €4,063 | - | -€4,063 | |
| Financial debts | 43 | - | €4,065 | +€4,065 | |
| Credit institutions | 430/8 | - | €4,065 | +€4,065 | |
| Trade debts | 44 | €323,218 | €610,415 | +€287,196 | +88.9% |
| Suppliers | 440/4 | €323,218 | €610,415 | +€287,196 | +88.9% |
| Taxes, remuneration and social security | 45 | €1,503 | €1,503 | = | 0.0% |
| Taxes | 450/3 | €1,503 | €1,503 | = | 0.0% |
| Other amounts payable | 47/48 | €3,055,612 | €3,290,185 | +€234,573 | +7.7% |
| Other operating charges | 640/8 | €16,111 | €13,949 | -€2,162 | -13.4% |
| Gross operating margin | 9900 | €99,678 | -€16,333 | -€116,011 | |
| Operating profit (loss) | 9901 | €83,568 | -€30,281 | -€113,849 | |
| Financial income | 75/76B | €1,213 | - | -€1,213 | |
| Recurring financial income | 75 | €1,213 | - | -€1,213 | |
| Financial charges | 65/66B | €18,049 | €1,684 | -€16,365 | -90.7% |
| Recurring financial charges | 65 | €18,049 | €1,684 | -€16,365 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | €66,732 | -€31,965 | -€98,697 | |
| Income taxes | 67/77 | €1,871 | - | -€1,871 | |
| Profit (loss) for the period | 9904 | €64,860 | -€31,965 | -€96,826 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,860 | -€31,965 | -€96,826 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.