LAUREN: 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.
LAUREN
Largest movements
- Cash +€98,115
up €98,115 (+1096.9%), from €8,945 to €107,059
mainly Net result for the year (+€62,738) and Receivables within one year (+€33,331)
- Receivables within one year -€33,331
down €33,331 (-24.7%), from €135,000 to €101,669
of which Trade receivables: -€64,000
- Tangible fixed assets -€2,715
down €2,715 (-40.0%), from €6,792 to €4,076
- Profit (loss) carried forward +€62,738
up €62,738 (+90.3%), from -€69,503 to -€6,765
- Other debts -€2,650
down €2,650 (-14.9%), from €17,735 to €15,085
- Depreciation -€44,100
down €44,100 (-94.2%), from €46,815 to €2,715
- Gross operating margin +€8,640
up €8,640 (+14.4%), from €59,913 to €68,553
- Financial charges -€5,716
down €5,716 (-72.0%), from €7,941 to €2,225
- Staff costs -€2,798
no longer reported in 2025 (was €2,798)
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 | €150,736 | €212,804 | +€62,068 | +41.2% |
| Fixed assets | 21/28 | €6,792 | €4,076 | -€2,715 | -40.0% |
| Tangible fixed assets | 22/27 | €6,792 | €4,076 | -€2,715 | -40.0% |
| Plant, machinery and equipment | 23 | €6,792 | €4,076 | -€2,715 | -40.0% |
| Current assets | 29/58 | €143,945 | €208,728 | +€64,783 | +45.0% |
| Amounts receivable within one year | 40/41 | €135,000 | €101,669 | -€33,331 | -24.7% |
| Trade receivables | 40 | €135,000 | €71,000 | -€64,000 | -47.4% |
| Other amounts receivable | 41 | - | €30,669 | +€30,669 | |
| Cash at bank and in hand | 54/58 | €8,945 | €107,059 | +€98,115 | +1096.9% |
| Total equity and liabilities | 10/49 | €150,736 | €212,804 | +€62,068 | +41.2% |
| Equity | 10/15 | €132,784 | €195,521 | +€62,738 | +47.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €183,695 | €183,695 | = | 0.0% |
| Distributable reserves | 133 | €183,695 | €183,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,503 | -€6,765 | +€62,738 | +90.3% |
| Amounts payable | 17/49 | €17,953 | €17,283 | -€670 | -3.7% |
| Amounts payable within one year | 42/48 | €17,953 | €17,283 | -€670 | -3.7% |
| Trade debts | 44 | €218 | €2,198 | +€1,980 | +908.9% |
| Suppliers | 440/4 | €218 | €2,198 | +€1,980 | +908.9% |
| Other amounts payable | 47/48 | €17,735 | €15,085 | -€2,650 | -14.9% |
| Non-recurring operating income | 76A | €46 | - | -€46 | |
| Remuneration, social security and pensions | 62 | €2,798 | - | -€2,798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,815 | €2,715 | -€44,100 | -94.2% |
| Other operating charges | 640/8 | €651 | €544 | -€107 | -16.5% |
| Gross operating margin | 9900 | €59,913 | €68,553 | +€8,640 | +14.4% |
| Operating profit (loss) | 9901 | €9,648 | €65,294 | +€55,646 | +576.8% |
| Financial income | 75/76B | €338 | - | -€338 | |
| Recurring financial income | 75 | €338 | - | -€338 | |
| Financial charges | 65/66B | €7,941 | €2,225 | -€5,716 | -72.0% |
| Recurring financial charges | 65 | €7,941 | €2,225 | -€5,716 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | €2,045 | €63,069 | +€61,024 | +2983.9% |
| Income taxes | 67/77 | - | €331 | +€331 | |
| Profit (loss) for the period | 9904 | €2,045 | €62,738 | +€60,693 | +2967.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,045 | €62,738 | +€60,693 | +2967.7% |
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 4 October 2026 via checked.be.