LAURENCE MORLET CONSULTING: 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 MORLET CONSULTING
Largest movements
- Cash -€13,803
down €13,803 (-17.4%), from €79,132 to €65,329
mainly Contributions, distributions and other (-€119,304) and Investment in fixed assets (net) (-€1,070)
- Receivables within one year -€2,807
down €2,807 (-8.3%), from €33,852 to €31,045
of which Other amounts receivable: -€11,339
- Profit (loss) carried forward -€108,450
no longer reported in 2025 (was €108,450)
- Other debts +€64,843
up €64,843 (+14,066%), from €461 to €65,304
- Tax, wage and social debts +€16,876
up €16,876 (+222%), from €7,619 to €24,495
- Accrued charges and deferred income +€10,000
up €10,000, from €0 to €10,000
- Gross operating margin +€17,690
up €17,690 (+217%), from €8,170 to €25,860
- Taxes +€9,078
up €9,078 (+324%), from €2,802 to €11,880
- Depreciation -€396
down €396 (-16.6%), from €2,382 to €1,986
- Financial income +€292
up €292 (+134%), from €218 to €510
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 | €117,419 | €99,910 | -€17,509 | -14.9% |
| Fixed assets | 21/28 | €4,008 | €3,092 | -€916 | -22.9% |
| Tangible fixed assets | 22/27 | €4,008 | €3,092 | -€916 | -22.9% |
| Furniture and vehicles | 24 | €3,526 | €2,634 | -€892 | -25.3% |
| Other tangible fixed assets | 26 | €482 | €457 | -€25 | -5.1% |
| Current assets | 29/58 | €113,411 | €96,818 | -€16,593 | -14.6% |
| Amounts receivable within one year | 40/41 | €33,852 | €31,045 | -€2,807 | -8.3% |
| Trade receivables | 40 | €21,568 | €30,100 | +€8,532 | +39.6% |
| Other amounts receivable | 41 | €12,284 | €945 | -€11,339 | -92.3% |
| Cash at bank and in hand | 54/58 | €79,132 | €65,329 | -€13,803 | -17.4% |
| Deferred charges and accrued income | 490/1 | €427 | €444 | +€17 | +4.1% |
| Total equity and liabilities | 10/49 | €117,419 | €99,910 | -€17,509 | -14.9% |
| Equity | 10/15 | €108,560 | €110 | -€108,450 | -99.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,450 | - | -€108,450 | |
| Amounts payable | 17/49 | €8,859 | €99,800 | +€90,941 | +1,027% |
| Amounts payable within one year | 42/48 | €8,859 | €89,800 | +€80,941 | +914% |
| Trade debts | 44 | €779 | - | -€779 | |
| Suppliers | 440/4 | €779 | - | -€779 | |
| Taxes, remuneration and social security | 45 | €7,619 | €24,495 | +€16,876 | +222% |
| Taxes | 450/3 | €7,619 | €24,495 | +€16,876 | +222% |
| Other amounts payable | 47/48 | €461 | €65,304 | +€64,843 | +14,066% |
| Accrued charges and deferred income | 492/3 | €0 | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,382 | €1,986 | -€396 | -16.6% |
| Other operating charges | 640/8 | €387 | €445 | +€58 | +14.9% |
| Gross operating margin | 9900 | €8,170 | €25,860 | +€17,690 | +217% |
| Operating profit (loss) | 9901 | €5,401 | €23,430 | +€18,029 | +334% |
| Financial income | 75/76B | €218 | €510 | +€292 | +134% |
| Recurring financial income | 75 | €218 | €510 | +€292 | +134% |
| Financial charges | 65/66B | €1,059 | €1,206 | +€147 | +13.9% |
| Recurring financial charges | 65 | €1,059 | €1,206 | +€147 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €4,560 | €22,734 | +€18,174 | +399% |
| Income taxes | 67/77 | €2,802 | €11,880 | +€9,078 | +324% |
| Profit (loss) for the period | 9904 | €1,758 | €10,854 | +€9,096 | +517% |
| Profit (loss) for the period to be appropriated | 9905 | €1,758 | €10,854 | +€9,096 | +517% |
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 31 October 2026 via checked.be.