Laurenko: 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.
Laurenko
Largest movements
- Current investments +€126,477
up €126,477 (+84.3%), from €150,000 to €276,477
- Cash +€86,037
up €86,037 (+481.9%), from €17,855 to €103,891
mainly Net result for the year (+€193,046) and Tax, wage and social debts (+€19,371)
- Reserves +€193,046
up €193,046 (+143.7%), from €134,312 to €327,358
- Tax, wage and social debts +€19,371
up €19,371 (+50.1%), from €38,701 to €58,073
- Gross operating margin +€78,669
up €78,669 (+45.6%), from €172,346 to €251,015
- Taxes +€19,470
up €19,470 (+49.3%), from €39,491 to €58,961
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 | €176,899 | €388,777 | +€211,878 | +119.8% |
| Fixed assets | 21/28 | €6,062 | €4,263 | -€1,798 | -29.7% |
| Tangible fixed assets | 22/27 | €6,062 | €4,263 | -€1,798 | -29.7% |
| Plant, machinery and equipment | 23 | €3,445 | €2,533 | -€912 | -26.5% |
| Furniture and vehicles | 24 | €2,617 | €1,731 | -€886 | -33.9% |
| Current assets | 29/58 | €170,837 | €384,514 | +€213,677 | +125.1% |
| Amounts receivable within one year | 40/41 | - | €1,587 | +€1,587 | |
| Other amounts receivable | 41 | - | €1,587 | +€1,587 | |
| Current investments | 50/53 | €150,000 | €276,477 | +€126,477 | +84.3% |
| Cash at bank and in hand | 54/58 | €17,855 | €103,891 | +€86,037 | +481.9% |
| Deferred charges and accrued income | 490/1 | €2,983 | €2,559 | -€424 | -14.2% |
| Total equity and liabilities | 10/49 | €176,899 | €388,777 | +€211,878 | +119.8% |
| Equity | 10/15 | €135,312 | €328,358 | +€193,046 | +142.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €134,312 | €327,358 | +€193,046 | +143.7% |
| Distributable reserves | 133 | €134,312 | €327,358 | +€193,046 | +143.7% |
| Amounts payable | 17/49 | €41,587 | €60,419 | +€18,832 | +45.3% |
| Amounts payable within one year | 42/48 | €41,587 | €60,419 | +€18,832 | +45.3% |
| Trade debts | 44 | €2,578 | €2,346 | -€232 | -9.0% |
| Suppliers | 440/4 | €2,578 | €2,346 | -€232 | -9.0% |
| Taxes, remuneration and social security | 45 | €38,701 | €58,073 | +€19,371 | +50.1% |
| Taxes | 450/3 | €38,701 | €58,073 | +€19,371 | +50.1% |
| Other amounts payable | 47/48 | €307 | - | -€307 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,158 | €1,798 | +€640 | +55.3% |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | €172,346 | €251,015 | +€78,669 | +45.6% |
| Operating profit (loss) | 9901 | €171,188 | €249,091 | +€77,903 | +45.5% |
| Financial income | 75/76B | €2,631 | €2,959 | +€329 | +12.5% |
| Recurring financial income | 75 | €2,631 | €2,959 | +€329 | +12.5% |
| Financial charges | 65/66B | €16 | €44 | +€27 | +167.7% |
| Recurring financial charges | 65 | €16 | €44 | +€27 | +167.7% |
| Profit (loss) for the period before taxes | 9903 | €173,803 | €252,007 | +€78,204 | +45.0% |
| Income taxes | 67/77 | €39,491 | €58,961 | +€19,470 | +49.3% |
| Profit (loss) for the period | 9904 | €134,312 | €193,046 | +€58,734 | +43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €134,312 | €193,046 | +€58,734 | +43.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.