Laureatum: 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.
Laureatum
Largest movements
- Receivables within one year +€8,815
new in 2025: €8,815
- Stocks and contracts -€6,500
no longer reported in 2025 (was €6,500)
- Cash +€4,548
up €4,548 (+73.6%), from €6,181 to €10,729
mainly Net result for the year (+€8,871) and Stocks and contracts (+€6,500)
- Tangible fixed assets +€3,559
up €3,559 (+564.3%), from €631 to €4,189
- Profit (loss) carried forward +€8,871
up €8,871, from -€2,475 to €6,396
- Other debts +€6,404
up €6,404 (+137.1%), from €4,671 to €11,075
- Tax, wage and social debts -€5,258
down €5,258 (-63.8%), from €8,246 to €2,987
- Trade debts +€483
up €483 (+29.0%), from €1,664 to €2,147
- Gross operating margin +€50,652
up €50,652, from -€26,705 to €23,947
- Write-downs +€13,000
new in 2025: €13,000
- Other operating charges +€608
up €608 (+160.9%), from €378 to €986
- Depreciation +€555
up €555 (+124.9%), from €445 to €1,000
- Financial charges -€307
down €307 (-77.3%), from €397 to €90
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 | €14,199 | €24,606 | +€10,407 | +73.3% |
| Fixed assets | 21/28 | €631 | €4,190 | +€3,559 | +563.7% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -35.1% |
| Tangible fixed assets | 22/27 | €631 | €4,189 | +€3,559 | +564.3% |
| Furniture and vehicles | 24 | €631 | €4,189 | +€3,559 | +564.3% |
| Current assets | 29/58 | €13,568 | €20,416 | +€6,848 | +50.5% |
| Stocks and contracts in progress | 3 | €6,500 | - | -€6,500 | |
| Contracts in progress | 37 | €6,500 | - | -€6,500 | |
| Amounts receivable within one year | 40/41 | - | €8,815 | +€8,815 | |
| Trade receivables | 40 | - | €8,815 | +€8,815 | |
| Cash at bank and in hand | 54/58 | €6,181 | €10,729 | +€4,548 | +73.6% |
| Deferred charges and accrued income | 490/1 | €887 | €872 | -€15 | -1.7% |
| Total equity and liabilities | 10/49 | €14,199 | €24,606 | +€10,407 | +73.3% |
| Equity | 10/15 | -€475 | €8,396 | +€8,871 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,475 | €6,396 | +€8,871 | |
| Amounts payable | 17/49 | €14,674 | €16,209 | +€1,535 | +10.5% |
| Amounts payable within one year | 42/48 | €14,581 | €16,209 | +€1,628 | +11.2% |
| Trade debts | 44 | €1,664 | €2,147 | +€483 | +29.0% |
| Suppliers | 440/4 | €1,664 | €2,147 | +€483 | +29.0% |
| Taxes, remuneration and social security | 45 | €8,246 | €2,987 | -€5,258 | -63.8% |
| Taxes | 450/3 | €8,246 | €2,987 | -€5,258 | -63.8% |
| Other amounts payable | 47/48 | €4,671 | €11,075 | +€6,404 | +137.1% |
| Accrued charges and deferred income | 492/3 | €93 | - | -€93 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €445 | €1,000 | +€555 | +124.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,000 | +€13,000 | |
| Other operating charges | 640/8 | €378 | €986 | +€608 | +160.9% |
| Gross operating margin | 9900 | -€26,705 | €23,947 | +€50,652 | |
| Operating profit (loss) | 9901 | -€27,528 | €8,961 | +€36,489 | |
| Financial charges | 65/66B | €397 | €90 | -€307 | -77.3% |
| Recurring financial charges | 65 | €397 | €90 | -€307 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | -€27,924 | €8,871 | +€36,796 | |
| Profit (loss) for the period | 9904 | -€27,924 | €8,871 | +€36,796 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,924 | €8,871 | +€36,796 |
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 9 October 2026 via checked.be.