LAURANZA: 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.
LAURANZA
Largest movements
- Tangible fixed assets +€13,950
up €13,950 (+253.0%), from €5,515 to €19,465
of which Plant, machinery and equipment: +€15,672
- Receivables within one year +€12,209
up €12,209 (+707.1%), from €1,727 to €13,936
of which Trade receivables: +€12,215
- Cash +€4,959
up €4,959 (+7.0%), from €71,006 to €75,965
mainly Net result for the year (+€21,960) and Debts after one year (+€15,000)
- Debts after one year +€15,000
new in 2025: €15,000
- Other debts +€9,810
up €9,810 (+46.6%), from €21,043 to €30,852
- Current portion of long-term debt +€6,069
new in 2025: €6,069
- Gross operating margin +€41,250
up €41,250 (+31.8%), from €129,697 to €170,947
- Staff costs +€15,947
up €15,947 (+14.0%), from €113,974 to €129,921
- Taxes +€2,533
up €2,533 (+52.9%), from €4,789 to €7,322
- Depreciation +€2,400
up €2,400 (+59.9%), from €4,008 to €6,408
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 | €87,837 | €119,606 | +€31,769 | +36.2% |
| Fixed assets | 21/28 | €9,910 | €23,860 | +€13,950 | +140.8% |
| Tangible fixed assets | 22/27 | €5,515 | €19,465 | +€13,950 | +253.0% |
| Plant, machinery and equipment | 23 | €2,852 | €18,524 | +€15,672 | +549.5% |
| Furniture and vehicles | 24 | €1,784 | €852 | -€931 | -52.2% |
| Other tangible fixed assets | 26 | €879 | €89 | -€790 | -89.9% |
| Financial fixed assets | 28 | €4,395 | €4,395 | = | 0.0% |
| Current assets | 29/58 | €77,927 | €95,746 | +€17,819 | +22.9% |
| Stocks and contracts in progress | 3 | €4,820 | €5,844 | +€1,024 | +21.2% |
| Stocks | 30/36 | €4,820 | €5,844 | +€1,024 | +21.2% |
| Amounts receivable within one year | 40/41 | €1,727 | €13,936 | +€12,209 | +707.1% |
| Trade receivables | 40 | - | €12,215 | +€12,215 | |
| Other amounts receivable | 41 | €1,727 | €1,721 | -€6 | -0.3% |
| Cash at bank and in hand | 54/58 | €71,006 | €75,965 | +€4,959 | +7.0% |
| Deferred charges and accrued income | 490/1 | €374 | - | -€374 | |
| Total equity and liabilities | 10/49 | €87,837 | €119,606 | +€31,769 | +36.2% |
| Equity | 10/15 | €16,759 | €17,719 | +€960 | +5.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,449 | €1,449 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,449 | €1,449 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,449 | €1,449 | = | 0.0% |
| Profit (loss) carried forward | 14 | €309 | €1,269 | +€960 | +310.2% |
| Amounts payable | 17/49 | €71,078 | €101,888 | +€30,809 | +43.3% |
| Amounts payable after more than one year | 17 | - | €15,000 | +€15,000 | |
| Financial debts | 170/4 | - | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €71,078 | €86,887 | +€15,809 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,069 | +€6,069 | |
| Trade debts | 44 | €17,551 | €16,958 | -€593 | -3.4% |
| Suppliers | 440/4 | €17,551 | €16,958 | -€593 | -3.4% |
| Taxes, remuneration and social security | 45 | €32,485 | €33,008 | +€524 | +1.6% |
| Taxes | 450/3 | €19,042 | €15,449 | -€3,593 | -18.9% |
| Remuneration and social security | 454/9 | €13,442 | €17,559 | +€4,117 | +30.6% |
| Other amounts payable | 47/48 | €21,043 | €30,852 | +€9,810 | +46.6% |
| Remuneration, social security and pensions | 62 | €113,974 | €129,921 | +€15,947 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,008 | €6,408 | +€2,400 | +59.9% |
| Other operating charges | 640/8 | €2,746 | €1,959 | -€787 | -28.7% |
| Gross operating margin | 9900 | €129,697 | €170,947 | +€41,250 | +31.8% |
| Operating profit (loss) | 9901 | €8,969 | €32,659 | +€23,690 | +264.1% |
| Financial income | 75/76B | €64 | €594 | +€529 | +822.2% |
| Recurring financial income | 75 | €64 | €594 | +€529 | +822.2% |
| Financial charges | 65/66B | €4,000 | €3,971 | -€30 | -0.7% |
| Recurring financial charges | 65 | €4,000 | €3,971 | -€30 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €5,033 | €29,282 | +€24,249 | +481.8% |
| Income taxes | 67/77 | €4,789 | €7,322 | +€2,533 | +52.9% |
| Profit (loss) for the period | 9904 | €244 | €21,960 | +€21,716 | +8894.1% |
| Profit (loss) for the period to be appropriated | 9905 | €244 | €21,960 | +€21,716 | +8894.1% |
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 5 October 2026 via checked.be.