Laurane Feron: 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.
Laurane Feron
Largest movements
- Cash -€18,669
down €18,669 (-67.1%), from €27,821 to €9,151
mainly Other debts (-€47,343) and Receivables within one year (-€589)
- Intangible fixed assets -€9,000
down €9,000 (-11.1%), from €81,000 to €72,000
- Other debts -€47,343
down €47,343 (-60.2%), from €78,656 to €31,313
- Profit (loss) carried forward +€13,300
up €13,300 (+59.5%), from €22,346 to €35,647
- Tax, wage and social debts +€5,488
up €5,488 (+42.0%), from €13,057 to €18,545
of which Taxes: +€4,678
- Accrued charges and deferred income +€1,815
up €1,815 (+589%), from €308 to €2,122
- Gross operating margin -€9,095
down €9,095 (-23.2%), from €39,171 to €30,076
- Taxes -€2,186
down €2,186 (-31.0%), from €7,059 to €4,873
- Financial charges +€1,841
up €1,841 (+1,222%), from €151 to €1,992
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 | €117,600 | €90,954 | -€26,645 | -22.7% |
| Fixed assets | 21/28 | €81,517 | €72,258 | -€9,258 | -11.4% |
| Intangible fixed assets | 21 | €81,000 | €72,000 | -€9,000 | -11.1% |
| Tangible fixed assets | 22/27 | €517 | €258 | -€258 | -50.0% |
| Furniture and vehicles | 24 | €517 | €258 | -€258 | -50.0% |
| Current assets | 29/58 | €36,083 | €18,696 | -€17,387 | -48.2% |
| Amounts receivable within one year | 40/41 | €8,137 | €8,726 | +€589 | +7.2% |
| Trade receivables | 40 | €8,137 | €8,726 | +€589 | +7.2% |
| Current investments | 50/53 | - | €250 | +€250 | |
| Cash at bank and in hand | 54/58 | €27,821 | €9,151 | -€18,669 | -67.1% |
| Deferred charges and accrued income | 490/1 | €125 | €569 | +€444 | +355% |
| Total equity and liabilities | 10/49 | €117,600 | €90,954 | -€26,645 | -22.7% |
| Equity | 10/15 | €25,346 | €38,647 | +€13,300 | +52.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,346 | €35,647 | +€13,300 | +59.5% |
| Amounts payable | 17/49 | €92,253 | €52,308 | -€39,946 | -43.3% |
| Amounts payable within one year | 42/48 | €91,945 | €50,185 | -€41,760 | -45.4% |
| Trade debts | 44 | €232 | €326 | +€95 | +40.9% |
| Suppliers | 440/4 | €232 | €326 | +€95 | +40.9% |
| Taxes, remuneration and social security | 45 | €13,057 | €18,545 | +€5,488 | +42.0% |
| Taxes | 450/3 | €11,764 | €16,441 | +€4,678 | +39.8% |
| Remuneration and social security | 454/9 | €1,294 | €2,104 | +€811 | +62.7% |
| Other amounts payable | 47/48 | €78,656 | €31,313 | -€47,343 | -60.2% |
| Accrued charges and deferred income | 492/3 | €308 | €2,122 | +€1,815 | +589% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,258 | €9,258 | = | 0.0% |
| Other operating charges | 640/8 | €357 | €654 | +€296 | +82.9% |
| Gross operating margin | 9900 | €39,171 | €30,076 | -€9,095 | -23.2% |
| Operating profit (loss) | 9901 | €29,555 | €20,165 | -€9,391 | -31.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €151 | €1,992 | +€1,841 | +1,222% |
| Recurring financial charges | 65 | €151 | €1,992 | +€1,841 | +1,222% |
| Profit (loss) for the period before taxes | 9903 | €29,405 | €18,173 | -€11,232 | -38.2% |
| Income taxes | 67/77 | €7,059 | €4,873 | -€2,186 | -31.0% |
| Profit (loss) for the period | 9904 | €22,346 | €13,300 | -€9,046 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,346 | €13,300 | -€9,046 | -40.5% |
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 17 October 2026 via checked.be.