LAUREIS: 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.
LAUREIS
Largest movements
- Tangible fixed assets -€15,132
down €15,132 (-21.8%), from €69,470 to €54,338
of which Plant, machinery and equipment: -€14,319
- Stocks and contracts -€7,564
down €7,564 (-72.1%), from €10,489 to €2,924
- Receivables within one year -€3,065
down €3,065 (-3.7%), from €83,939 to €80,875
of which Trade receivables: -€12,047
- Trade debts +€31,952
new in 2025: €31,952
- Accrued charges and deferred income -€20,250
no longer reported in 2025 (was €20,250)
- Profit (loss) carried forward -€16,268
down €16,268 (-49.5%), from €32,836 to €16,567
- Debts after one year -€14,956
down €14,956 (-23.4%), from €63,787 to €48,832
- Tax, wage and social debts -€5,417
down €5,417 (-21.4%), from €25,316 to €19,899
of which Remuneration and social security: -€8,554
- Gross operating margin -€55,039
down €55,039 (-32.1%), from €171,571 to €116,532
- Staff costs -€28,299
down €28,299 (-22.3%), from €126,624 to €98,325
- Taxes -€6,215
down €6,215 (-90.4%), from €6,878 to €663
- Other operating charges +€4,060
up €4,060 (+82.8%), from €4,905 to €8,965
- Financial charges +€2,772
up €2,772 (+57.0%), from €4,860 to €7,632
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 | €171,836 | €145,706 | -€26,129 | -15.2% |
| Fixed assets | 21/28 | €69,470 | €54,338 | -€15,132 | -21.8% |
| Tangible fixed assets | 22/27 | €69,470 | €54,338 | -€15,132 | -21.8% |
| Plant, machinery and equipment | 23 | €68,024 | €53,705 | -€14,319 | -21.0% |
| Furniture and vehicles | 24 | €1,446 | €633 | -€813 | -56.2% |
| Current assets | 29/58 | €102,366 | €91,368 | -€10,997 | -10.7% |
| Stocks and contracts in progress | 3 | €10,489 | €2,924 | -€7,564 | -72.1% |
| Stocks | 30/36 | €10,489 | €2,924 | -€7,564 | -72.1% |
| Amounts receivable within one year | 40/41 | €83,939 | €80,875 | -€3,065 | -3.7% |
| Trade receivables | 40 | €13,482 | €1,435 | -€12,047 | -89.4% |
| Other amounts receivable | 41 | €70,458 | €79,440 | +€8,982 | +12.7% |
| Cash at bank and in hand | 54/58 | €4,566 | €4,054 | -€511 | -11.2% |
| Deferred charges and accrued income | 490/1 | €3,372 | €3,515 | +€143 | +4.2% |
| Total equity and liabilities | 10/49 | €171,836 | €145,706 | -€26,129 | -15.2% |
| Equity | 10/15 | €34,696 | €18,427 | -€16,268 | -46.9% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,836 | €16,567 | -€16,268 | -49.5% |
| Amounts payable | 17/49 | €137,140 | €127,279 | -€9,861 | -7.2% |
| Amounts payable after more than one year | 17 | €63,787 | €48,832 | -€14,956 | -23.4% |
| Financial debts | 170/4 | €63,787 | €48,832 | -€14,956 | -23.4% |
| Amounts payable within one year | 42/48 | €53,103 | €78,447 | +€25,344 | +47.7% |
| Current portion of amounts payable after more than one year | 42 | €15,004 | €14,956 | -€48 | -0.3% |
| Financial debts | 43 | €4,790 | €3,813 | -€977 | -20.4% |
| Credit institutions | 430/8 | €4,790 | €3,813 | -€977 | -20.4% |
| Trade debts | 44 | - | €31,952 | +€31,952 | |
| Suppliers | 440/4 | - | €31,952 | +€31,952 | |
| Taxes, remuneration and social security | 45 | €25,316 | €19,899 | -€5,417 | -21.4% |
| Taxes | 450/3 | €6,291 | €9,428 | +€3,138 | +49.9% |
| Remuneration and social security | 454/9 | €19,025 | €10,471 | -€8,554 | -45.0% |
| Other amounts payable | 47/48 | €7,993 | €7,827 | -€166 | -2.1% |
| Accrued charges and deferred income | 492/3 | €20,250 | - | -€20,250 | |
| Remuneration, social security and pensions | 62 | €126,624 | €98,325 | -€28,299 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,651 | €17,842 | -€1,809 | -9.2% |
| Other operating charges | 640/8 | €4,905 | €8,965 | +€4,060 | +82.8% |
| Gross operating margin | 9900 | €171,571 | €116,532 | -€55,039 | -32.1% |
| Operating profit (loss) | 9901 | €20,391 | -€8,600 | -€28,991 | |
| Financial income | 75/76B | €0 | €627 | +€627 | +2,088,533% |
| Recurring financial income | 75 | €0 | €627 | +€627 | +2,088,533% |
| Financial charges | 65/66B | €4,860 | €7,632 | +€2,772 | +57.0% |
| Recurring financial charges | 65 | €4,860 | €7,632 | +€2,772 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | €15,531 | -€15,605 | -€31,137 | |
| Income taxes | 67/77 | €6,878 | €663 | -€6,215 | -90.4% |
| Profit (loss) for the period | 9904 | €8,653 | -€16,268 | -€24,921 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,653 | -€16,268 | -€24,921 |
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.