LAUREATUS: 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.
LAUREATUS
Largest movements
- Receivables within one year -€79,875
down €79,875 (-42.7%), from €187,051 to €107,176
of which Other amounts receivable: -€69,645
- Debts after one year -€185,089
down €185,089 (-7.8%), from €2.4m to €2.2m
of which Financial debts: -€175,089
- Other debts +€66,538
up €66,538 (+5.0%), from €1.3m to €1.4m
- Financial income -€529,630
down €529,630 (-95.7%), from €553,451 to €23,821
- Gross operating margin +€120,125
up €120,125 (+105.3%), from €114,133 to €234,258
- Staff costs +€111,066
up €111,066 (+247.3%), from €44,904 to €155,970
- Depreciation +€12,632
up €12,632 (+248.9%), from €5,075 to €17,707
- Taxes -€12,370
down €12,370 (-64.3%), from €19,225 to €6,855
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 | €5,506,220 | €5,426,594 | -€79,626 | -1.4% |
| Fixed assets | 21/28 | €5,298,945 | €5,295,505 | -€3,440 | -0.1% |
| Tangible fixed assets | 22/27 | €44,714 | €41,453 | -€3,260 | -7.3% |
| Plant, machinery and equipment | 23 | €13,773 | €10,667 | -€3,106 | -22.6% |
| Furniture and vehicles | 24 | €4,421 | €1,962 | -€2,460 | -55.6% |
| Other tangible fixed assets | 26 | €26,519 | €28,825 | +€2,306 | +8.7% |
| Financial fixed assets | 28 | €5,254,231 | €5,254,051 | -€180 | 0.0% |
| Current assets | 29/58 | €207,275 | €131,089 | -€76,185 | -36.8% |
| Amounts receivable within one year | 40/41 | €187,051 | €107,176 | -€79,875 | -42.7% |
| Trade receivables | 40 | €33,962 | €23,732 | -€10,230 | -30.1% |
| Other amounts receivable | 41 | €153,090 | €83,444 | -€69,645 | -45.5% |
| Cash at bank and in hand | 54/58 | €11,354 | €16,334 | +€4,980 | +43.9% |
| Deferred charges and accrued income | 490/1 | €8,870 | €7,579 | -€1,290 | -14.5% |
| Total equity and liabilities | 10/49 | €5,506,220 | €5,426,594 | -€79,626 | -1.4% |
| Equity | 10/15 | €1,527,573 | €1,559,509 | +€31,936 | +2.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,507,573 | €1,539,509 | +€31,936 | +2.1% |
| Amounts payable | 17/49 | €3,978,647 | €3,867,085 | -€111,562 | -2.8% |
| Amounts payable after more than one year | 17 | €2,383,979 | €2,198,890 | -€185,089 | -7.8% |
| Financial debts | 170/4 | €689,979 | €514,890 | -€175,089 | -25.4% |
| Other amounts payable | 178/9 | €1,694,000 | €1,684,000 | -€10,000 | -0.6% |
| Amounts payable within one year | 42/48 | €1,574,807 | €1,636,786 | +€61,979 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €172,105 | €175,089 | +€2,984 | +1.7% |
| Trade debts | 44 | €4,475 | €4,786 | +€311 | +7.0% |
| Suppliers | 440/4 | €4,475 | €4,786 | +€311 | +7.0% |
| Taxes, remuneration and social security | 45 | €57,369 | €49,513 | -€7,855 | -13.7% |
| Taxes | 450/3 | €37,407 | €25,659 | -€11,749 | -31.4% |
| Remuneration and social security | 454/9 | €19,961 | €23,855 | +€3,894 | +19.5% |
| Other amounts payable | 47/48 | €1,340,859 | €1,407,397 | +€66,538 | +5.0% |
| Accrued charges and deferred income | 492/3 | €19,861 | €31,409 | +€11,549 | +58.1% |
| Non-recurring operating income | 76A | €694 | - | -€694 | |
| Remuneration, social security and pensions | 62 | €44,904 | €155,970 | +€111,066 | +247.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,075 | €17,707 | +€12,632 | +248.9% |
| Other operating charges | 640/8 | €450 | €2,012 | +€1,562 | +346.8% |
| Gross operating margin | 9900 | €114,133 | €234,258 | +€120,125 | +105.3% |
| Operating profit (loss) | 9901 | €63,703 | €58,568 | -€5,135 | -8.1% |
| Financial income | 75/76B | €553,451 | €23,821 | -€529,630 | -95.7% |
| Recurring financial income | 75 | €553,451 | €23,821 | -€529,630 | -95.7% |
| Financial charges | 65/66B | €36,295 | €43,598 | +€7,304 | +20.1% |
| Recurring financial charges | 65 | €36,295 | €43,598 | +€7,304 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | €580,859 | €38,791 | -€542,068 | -93.3% |
| Income taxes | 67/77 | €19,225 | €6,855 | -€12,370 | -64.3% |
| Profit (loss) for the period | 9904 | €561,634 | €31,936 | -€529,698 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €561,634 | €31,936 | -€529,698 | -94.3% |
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 6 October 2026 via checked.be.