LAURENCE BIS: 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.
LAURENCE BIS
Largest movements
- Tangible fixed assets +€322,863
up €322,863 (+124.7%), from €258,892 to €581,755
of which Land and buildings: +€325,100
- Cash -€54,865
down €54,865 (-35.4%), from €154,850 to €99,986
mainly Investment in fixed assets (net) (-€356,940) and Net result for the year (-€74,275)
- Stocks and contracts -€25,000
down €25,000 (-19.9%), from €125,901 to €100,901
- Debts after one year +€291,766
up €291,766 (+48.8%), from €597,374 to €889,140
of which Other amounts payable: +€315,000
- Profit (loss) carried forward -€74,275
down €74,275 (-61.6%), from -€120,556 to -€194,831
- Trade debts +€27,328
up €27,328 (+465.7%), from €5,868 to €33,196
- Gross operating margin -€194,585
down €194,585, from €157,285 to -€37,301
- Depreciation +€4,457
up €4,457 (+15.0%), from €29,620 to €34,077
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 | €549,266 | €794,076 | +€244,809 | +44.6% |
| Fixed assets | 21/28 | €258,892 | €581,755 | +€322,863 | +124.7% |
| Tangible fixed assets | 22/27 | €258,892 | €581,755 | +€322,863 | +124.7% |
| Land and buildings | 22 | €130,340 | €455,440 | +€325,100 | +249.4% |
| Plant, machinery and equipment | 23 | €80,685 | €90,735 | +€10,050 | +12.5% |
| Furniture and vehicles | 24 | €4,010 | €1,100 | -€2,911 | -72.6% |
| Leasing and similar rights | 25 | €43,856 | €34,481 | -€9,376 | -21.4% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €290,375 | €212,321 | -€78,054 | -26.9% |
| Stocks and contracts in progress | 3 | €125,901 | €100,901 | -€25,000 | -19.9% |
| Stocks | 30/36 | €125,901 | €100,901 | -€25,000 | -19.9% |
| Amounts receivable within one year | 40/41 | €7,500 | €9,772 | +€2,272 | +30.3% |
| Trade receivables | 40 | €7,500 | €7,500 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €2,272 | +€2,272 | |
| Cash at bank and in hand | 54/58 | €154,850 | €99,986 | -€54,865 | -35.4% |
| Deferred charges and accrued income | 490/1 | €2,123 | €1,662 | -€461 | -21.7% |
| Total equity and liabilities | 10/49 | €549,266 | €794,076 | +€244,809 | +44.6% |
| Equity | 10/15 | -€100,105 | -€174,380 | -€74,275 | -74.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,556 | -€194,831 | -€74,275 | -61.6% |
| Amounts payable | 17/49 | €649,371 | €968,456 | +€319,085 | +49.1% |
| Amounts payable after more than one year | 17 | €597,374 | €889,140 | +€291,766 | +48.8% |
| Financial debts | 170/4 | €47,374 | €24,140 | -€23,234 | -49.0% |
| Other amounts payable | 178/9 | €550,000 | €865,000 | +€315,000 | +57.3% |
| Amounts payable within one year | 42/48 | €51,997 | €79,316 | +€27,318 | +52.5% |
| Current portion of amounts payable after more than one year | 42 | €25,577 | €23,234 | -€2,343 | -9.2% |
| Trade debts | 44 | €5,868 | €33,196 | +€27,328 | +465.7% |
| Suppliers | 440/4 | €5,868 | €33,196 | +€27,328 | +465.7% |
| Taxes, remuneration and social security | 45 | €778 | €0 | -€778 | -100.0% |
| Taxes | 450/3 | €778 | €0 | -€778 | -100.0% |
| Other amounts payable | 47/48 | €19,774 | €22,885 | +€3,111 | +15.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €138,970 | €0 | -€138,970 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,620 | €34,077 | +€4,457 | +15.0% |
| Other operating charges | 640/8 | €1,978 | €1,889 | -€89 | -4.5% |
| Gross operating margin | 9900 | €157,285 | -€37,301 | -€194,585 | |
| Operating profit (loss) | 9901 | €125,687 | -€73,266 | -€198,953 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,453 | €1,009 | -€1,444 | -58.9% |
| Recurring financial charges | 65 | €2,453 | €1,009 | -€1,444 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €123,234 | -€74,275 | -€197,509 | |
| Profit (loss) for the period | 9904 | €123,234 | -€74,275 | -€197,509 | |
| Profit (loss) for the period to be appropriated | 9905 | €123,234 | -€74,275 | -€197,509 |
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 8 October 2026 via checked.be.