LAURENT & CO: 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.
LAURENT & CO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts +€50,386
up €50,386 (+33.3%), from €151,529 to €201,915
- Debts after one year -€21,642
down €21,642 (-18.7%), from €115,508 to €93,866
- Profit (loss) carried forward -€20,235
down €20,235 (-54.8%), from €36,946 to €16,711
- Current portion of long-term debt -€10,002
down €10,002 (-31.6%), from €31,644 to €21,642
- Gross operating margin -€18,310
down €18,310 (-64.1%), from €28,566 to €10,256
- Write-downs +€11,387
up €11,387 (+596.0%), from €1,911 to €13,297
- Financial charges -€2,270
down €2,270 (-17.3%), from €13,087 to €10,818
- Taxes -€2,096
down €2,096 (-82.2%), from €2,550 to €454
- Depreciation -€898
down €898 (-17.7%), from €5,069 to €4,171
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 | €615,212 | €609,361 | -€5,851 | -1.0% |
| Fixed assets | 21/28 | €100,233 | €96,062 | -€4,171 | -4.2% |
| Tangible fixed assets | 22/27 | €97,248 | €93,077 | -€4,171 | -4.3% |
| Furniture and vehicles | 24 | €296 | €164 | -€131 | -44.5% |
| Leasing and similar rights | 25 | €96,952 | €92,913 | -€4,040 | -4.2% |
| Financial fixed assets | 28 | €2,985 | €2,985 | = | 0.0% |
| Current assets | 29/58 | €514,979 | €513,299 | -€1,680 | -0.3% |
| Stocks and contracts in progress | 3 | €375,178 | €371,260 | -€3,918 | -1.0% |
| Stocks | 30/36 | €375,178 | €371,260 | -€3,918 | -1.0% |
| Amounts receivable within one year | 40/41 | €133,089 | €132,139 | -€950 | -0.7% |
| Trade receivables | 40 | €129,781 | €131,726 | +€1,945 | +1.5% |
| Other amounts receivable | 41 | €3,308 | €413 | -€2,895 | -87.5% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,191 | €9,354 | +€3,163 | +51.1% |
| Deferred charges and accrued income | 490/1 | €272 | €296 | +€25 | +9.1% |
| Total equity and liabilities | 10/49 | €615,212 | €609,361 | -€5,851 | -1.0% |
| Equity | 10/15 | €174,135 | €153,900 | -€20,235 | -11.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €87,189 | €87,189 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €82,189 | €82,189 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,946 | €16,711 | -€20,235 | -54.8% |
| Amounts payable | 17/49 | €441,077 | €455,461 | +€14,384 | +3.3% |
| Amounts payable after more than one year | 17 | €115,508 | €93,866 | -€21,642 | -18.7% |
| Financial debts | 170/4 | €115,508 | €93,866 | -€21,642 | -18.7% |
| Amounts payable within one year | 42/48 | €325,569 | €361,596 | +€36,026 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €31,644 | €21,642 | -€10,002 | -31.6% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €151,529 | €201,915 | +€50,386 | +33.3% |
| Suppliers | 440/4 | €151,529 | €201,915 | +€50,386 | +33.3% |
| Taxes, remuneration and social security | 45 | €8,727 | €4,956 | -€3,771 | -43.2% |
| Taxes | 450/3 | €8,727 | €4,956 | -€3,771 | -43.2% |
| Other amounts payable | 47/48 | €8,669 | €8,082 | -€587 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,069 | €4,171 | -€898 | -17.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,911 | €13,297 | +€11,387 | +596.0% |
| Other operating charges | 640/8 | €2,012 | €2,876 | +€863 | +42.9% |
| Gross operating margin | 9900 | €28,566 | €10,256 | -€18,310 | -64.1% |
| Operating profit (loss) | 9901 | €19,574 | -€10,088 | -€29,662 | |
| Financial income | 75/76B | €491 | €1,124 | +€633 | +129.0% |
| Recurring financial income | 75 | €491 | €1,124 | +€633 | +129.0% |
| Financial charges | 65/66B | €13,087 | €10,818 | -€2,270 | -17.3% |
| Recurring financial charges | 65 | €13,087 | €10,818 | -€2,270 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €6,978 | -€19,782 | -€26,759 | |
| Income taxes | 67/77 | €2,550 | €454 | -€2,096 | -82.2% |
| Profit (loss) for the period | 9904 | €4,428 | -€20,235 | -€24,663 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,428 | -€20,235 | -€24,663 |
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 7 October 2026 via checked.be.