LAURENCE GESTION: 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.
LAURENCE GESTION
Largest movements
- Receivables within one year -€13,549
down €13,549 (-13.0%), from €104,321 to €90,773
of which Other amounts receivable: -€12,997
- Tax, wage and social debts -€18,105
down €18,105 (-40.2%), from €45,013 to €26,908
- Reserves +€11,500
up €11,500 (+7,020%), from €164 to €11,664
- Trade debts -€7,745
down €7,745 (-71.0%), from €10,909 to €3,164
- Gross operating margin -€34,772
down €34,772 (-54.0%), from €64,398 to €29,625
- Taxes -€9,775
down €9,775 (-67.1%), from €14,574 to €4,800
- Other operating charges -€3,139
down €3,139 (-61.4%), from €5,111 to €1,972
- Depreciation +€2,365
up €2,365 (+27.3%), from €8,666 to €11,030
- Financial charges -€727
down €727 (-75.5%), from €962 to €235
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 | €168,148 | €153,887 | -€14,261 | -8.5% |
| Fixed assets | 21/28 | €59,499 | €58,974 | -€525 | -0.9% |
| Tangible fixed assets | 22/27 | €59,499 | €58,974 | -€525 | -0.9% |
| Land and buildings | 22 | €24,466 | €27,460 | +€2,994 | +12.2% |
| Plant, machinery and equipment | 23 | €10,608 | €8,265 | -€2,342 | -22.1% |
| Furniture and vehicles | 24 | €17,376 | €16,199 | -€1,177 | -6.8% |
| Other tangible fixed assets | 26 | €7,050 | €7,050 | = | 0.0% |
| Current assets | 29/58 | €108,648 | €94,913 | -€13,736 | -12.6% |
| Amounts receivable within one year | 40/41 | €104,321 | €90,773 | -€13,549 | -13.0% |
| Trade receivables | 40 | €14,321 | €13,769 | -€552 | -3.9% |
| Other amounts receivable | 41 | €90,000 | €77,003 | -€12,997 | -14.4% |
| Cash at bank and in hand | 54/58 | €4,311 | €3,972 | -€339 | -7.9% |
| Deferred charges and accrued income | 490/1 | €16 | €168 | +€152 | +953% |
| Total equity and liabilities | 10/49 | €168,148 | €153,887 | -€14,261 | -8.5% |
| Equity | 10/15 | €111,617 | €123,206 | +€11,589 | +10.4% |
| Contributions | 10/11 | €45,592 | €45,592 | = | 0.0% |
| Reserves | 13 | €164 | €11,664 | +€11,500 | +7,020% |
| Distributable reserves | 133 | €164 | €11,664 | +€11,500 | +7,020% |
| Profit (loss) carried forward | 14 | €65,861 | €65,950 | +€89 | +0.1% |
| Amounts payable | 17/49 | €56,531 | €30,681 | -€25,850 | -45.7% |
| Amounts payable within one year | 42/48 | €56,531 | €30,681 | -€25,850 | -45.7% |
| Trade debts | 44 | €10,909 | €3,164 | -€7,745 | -71.0% |
| Suppliers | 440/4 | €10,909 | €3,164 | -€7,745 | -71.0% |
| Taxes, remuneration and social security | 45 | €45,013 | €26,908 | -€18,105 | -40.2% |
| Taxes | 450/3 | €45,013 | €26,908 | -€18,105 | -40.2% |
| Other amounts payable | 47/48 | €609 | €609 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,666 | €11,030 | +€2,365 | +27.3% |
| Other operating charges | 640/8 | €5,111 | €1,972 | -€3,139 | -61.4% |
| Gross operating margin | 9900 | €64,398 | €29,625 | -€34,772 | -54.0% |
| Operating profit (loss) | 9901 | €50,622 | €16,624 | -€33,998 | -67.2% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €962 | €235 | -€727 | -75.5% |
| Recurring financial charges | 65 | €962 | €235 | -€727 | -75.5% |
| Profit (loss) for the period before taxes | 9903 | €49,664 | €16,389 | -€33,275 | -67.0% |
| Income taxes | 67/77 | €14,574 | €4,800 | -€9,775 | -67.1% |
| Profit (loss) for the period | 9904 | €35,089 | €11,589 | -€23,500 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,089 | €11,589 | -€23,500 | -67.0% |
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 18 October 2026 via checked.be.