LAUREN IMMO: 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.
LAUREN IMMO
Largest movements
- Tangible fixed assets -€47,741
down €47,741 (-7.8%), from €614,613 to €566,873
of which Land and buildings: -€46,853
- Receivables within one year -€11,687
down €11,687 (-51.1%), from €22,865 to €11,178
of which Other amounts receivable: -€10,955
- Cash +€11,566
up €11,566 (+323%), from €3,580 to €15,146
mainly Depreciation (+€49,879) and Receivables within one year (+€11,687)
- Debts after one year -€30,809
down €30,809 (-8.8%), from €351,441 to €320,632
- Provisions -€15,029
no longer reported in 2025 (was €15,029)
- Tax, wage and social debts +€8,126
up €8,126 (+480%), from €1,691 to €9,817
- Depreciation +€16,438
up €16,438 (+49.2%), from €33,441 to €49,879
- Taxes +€11,607
up €11,607 (+362%), from €3,210 to €14,817
- Gross operating margin +€9,380
up €9,380 (+18.2%), from €51,619 to €60,999
- Financial charges -€999
down €999 (-9.3%), from €10,687 to €9,688
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 | €641,642 | €594,300 | -€47,342 | -7.4% |
| Fixed assets | 21/28 | €614,613 | €566,873 | -€47,741 | -7.8% |
| Tangible fixed assets | 22/27 | €614,613 | €566,873 | -€47,741 | -7.8% |
| Land and buildings | 22 | €606,617 | €559,764 | -€46,853 | -7.7% |
| Plant, machinery and equipment | 23 | €6,550 | €6,349 | -€201 | -3.1% |
| Furniture and vehicles | 24 | €1,447 | €760 | -€686 | -47.5% |
| Current assets | 29/58 | €27,029 | €27,427 | +€399 | +1.5% |
| Amounts receivable within one year | 40/41 | €22,865 | €11,178 | -€11,687 | -51.1% |
| Trade receivables | 40 | €5,111 | €4,379 | -€732 | -14.3% |
| Other amounts receivable | 41 | €17,754 | €6,799 | -€10,955 | -61.7% |
| Cash at bank and in hand | 54/58 | €3,580 | €15,146 | +€11,566 | +323% |
| Deferred charges and accrued income | 490/1 | €583 | €1,103 | +€520 | +89.1% |
| Total equity and liabilities | 10/49 | €641,642 | €594,300 | -€47,342 | -7.4% |
| Equity | 10/15 | €232,310 | €229,827 | -€2,483 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,710 | €211,227 | -€2,483 | -1.2% |
| Tax-exempt reserves | 132 | €45,087 | - | -€45,087 | |
| Distributable reserves | 133 | €168,623 | €211,227 | +€42,604 | +25.3% |
| Provisions and deferred taxes | 16 | €15,029 | - | -€15,029 | |
| Deferred taxes | 168 | €15,029 | - | -€15,029 | |
| Amounts payable | 17/49 | €394,304 | €364,473 | -€29,830 | -7.6% |
| Amounts payable after more than one year | 17 | €351,441 | €320,632 | -€30,809 | -8.8% |
| Financial debts | 170/4 | €351,441 | €320,632 | -€30,809 | -8.8% |
| Amounts payable within one year | 42/48 | €42,863 | €43,841 | +€978 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €36,048 | €30,809 | -€5,240 | -14.5% |
| Financial debts | 43 | €3,380 | €1,701 | -€1,679 | -49.7% |
| Credit institutions | 430/8 | €3,380 | €1,701 | -€1,679 | -49.7% |
| Trade debts | 44 | €1,311 | €1,082 | -€229 | -17.4% |
| Suppliers | 440/4 | €1,311 | €1,082 | -€229 | -17.4% |
| Taxes, remuneration and social security | 45 | €1,691 | €9,817 | +€8,126 | +480% |
| Taxes | 450/3 | €1,691 | €9,817 | +€8,126 | +480% |
| Other amounts payable | 47/48 | €433 | €433 | = | 0.0% |
| Non-recurring operating income | 76A | €2,708 | - | -€2,708 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,441 | €49,879 | +€16,438 | +49.2% |
| Other operating charges | 640/8 | €4,163 | €4,151 | -€12 | -0.3% |
| Gross operating margin | 9900 | €51,619 | €60,999 | +€9,380 | +18.2% |
| Operating profit (loss) | 9901 | €14,015 | €6,969 | -€7,046 | -50.3% |
| Financial income | 75/76B | €3 | €24 | +€21 | +678% |
| Recurring financial income | 75 | €3 | €24 | +€21 | +678% |
| Financial charges | 65/66B | €10,687 | €9,688 | -€999 | -9.3% |
| Recurring financial charges | 65 | €10,687 | €9,688 | -€999 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €3,331 | -€2,695 | -€6,026 | |
| Transfer from deferred taxes | 780 | €1,670 | €15,029 | +€13,359 | +800% |
| Income taxes | 67/77 | €3,210 | €14,817 | +€11,607 | +362% |
| Profit (loss) for the period | 9904 | €1,791 | -€2,483 | -€4,274 | |
| Transfer from tax-exempt reserves | 789 | €5,010 | €45,087 | +€40,077 | +800% |
| Profit (loss) for the period to be appropriated | 9905 | €6,801 | €42,604 | +€35,803 | +526% |
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 22 October 2026 via checked.be.