Laurel Consulting: 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.
Laurel Consulting
Largest movements
- Cash +€26,851
up €26,851 (+43.5%), from €61,661 to €88,512
mainly Other debts (+€156,018) and Net result for the year (+€50,442)
- Current investments -€18,821
down €18,821 (-18.3%), from €103,000 to €84,179
- Deferred charges and accrued income -€3,849
down €3,849 (-100.0%), from €3,849 to €0
- Tangible fixed assets -€2,384
down €2,384 (-39.8%), from €5,990 to €3,606
of which Furniture and vehicles: -€1,875
- Other debts +€156,018
up €156,018 (+66475.5%), from €235 to €156,253
- Reserves -€132,558
down €132,558 (-99.1%), from €133,762 to €1,203
- Tax, wage and social debts -€20,369
down €20,369 (-38.3%), from €53,164 to €32,795
of which Taxes: -€16,984
- Gross operating margin -€43,323
down €43,323 (-38.2%), from €113,523 to €70,200
- Other operating charges -€6,725
down €6,725 (-61.7%), from €10,903 to €4,177
- Taxes -€5,677
down €5,677 (-25.8%), from €21,981 to €16,304
- Financial income +€3,920
up €3,920 (+213.0%), from €1,840 to €5,760
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 | €190,731 | €192,224 | +€1,493 | +0.8% |
| Fixed assets | 21/28 | €5,990 | €3,606 | -€2,384 | -39.8% |
| Tangible fixed assets | 22/27 | €5,990 | €3,606 | -€2,384 | -39.8% |
| Plant, machinery and equipment | 23 | €1,649 | €1,140 | -€509 | -30.9% |
| Furniture and vehicles | 24 | €4,341 | €2,466 | -€1,875 | -43.2% |
| Current assets | 29/58 | €184,741 | €188,618 | +€3,877 | +2.1% |
| Amounts receivable within one year | 40/41 | €16,231 | €15,927 | -€305 | -1.9% |
| Trade receivables | 40 | €16,231 | €15,927 | -€305 | -1.9% |
| Current investments | 50/53 | €103,000 | €84,179 | -€18,821 | -18.3% |
| Cash at bank and in hand | 54/58 | €61,661 | €88,512 | +€26,851 | +43.5% |
| Deferred charges and accrued income | 490/1 | €3,849 | €0 | -€3,849 | -100.0% |
| Total equity and liabilities | 10/49 | €190,731 | €192,224 | +€1,493 | +0.8% |
| Equity | 10/15 | €134,762 | €2,203 | -€132,558 | -98.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €133,762 | €1,203 | -€132,558 | -99.1% |
| Distributable reserves | 133 | €133,762 | €1,203 | -€132,558 | -99.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €55,969 | €190,021 | +€134,051 | +239.5% |
| Amounts payable within one year | 42/48 | €55,969 | €190,021 | +€134,051 | +239.5% |
| Trade debts | 44 | €2,571 | €973 | -€1,598 | -62.2% |
| Suppliers | 440/4 | €2,571 | €973 | -€1,598 | -62.2% |
| Taxes, remuneration and social security | 45 | €53,164 | €32,795 | -€20,369 | -38.3% |
| Taxes | 450/3 | €49,779 | €32,795 | -€16,984 | -34.1% |
| Remuneration and social security | 454/9 | €3,385 | €0 | -€3,385 | -100.0% |
| Other amounts payable | 47/48 | €235 | €156,253 | +€156,018 | +66475.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,793 | €2,384 | +€591 | +32.9% |
| Other operating charges | 640/8 | €10,903 | €4,177 | -€6,725 | -61.7% |
| Gross operating margin | 9900 | €113,523 | €70,200 | -€43,323 | -38.2% |
| Operating profit (loss) | 9901 | €100,828 | €63,639 | -€37,189 | -36.9% |
| Financial income | 75/76B | €1,840 | €5,760 | +€3,920 | +213.0% |
| Recurring financial income | 75 | €1,840 | €5,760 | +€3,920 | +213.0% |
| Financial charges | 65/66B | €2,511 | €2,653 | +€142 | +5.7% |
| Recurring financial charges | 65 | €2,511 | €2,653 | +€142 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €100,157 | €66,746 | -€33,411 | -33.4% |
| Income taxes | 67/77 | €21,981 | €16,304 | -€5,677 | -25.8% |
| Profit (loss) for the period | 9904 | €78,176 | €50,442 | -€27,734 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,176 | €50,442 | -€27,734 | -35.5% |
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.