LAURENT EMMS: 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.
LAURENT EMMS
Largest movements
- Tangible fixed assets -€40,360
down €40,360 (-50.9%), from €79,321 to €38,961
of which Furniture and vehicles: -€39,934
- Receivables within one year +€37,961
up €37,961 (+123%), from €30,988 to €68,949
of which Trade receivables: +€36,231
- Debts after one year +€29,426
up €29,426 (+107%), from €27,506 to €56,932
- Tax, wage and social debts -€8,890
down €8,890 (-93.6%), from €9,500 to €610
- Profit (loss) carried forward -€8,660
down €8,660 (-42.0%), from -€20,642 to -€29,302
- Trade debts -€6,082
no longer reported in 2025 (was €6,082)
- Current portion of long-term debt -€4,938
down €4,938 (-30.0%), from €16,450 to €11,511
- Turnover +€167,642
new in 2025: €167,642
- Purchases and services +€85,977
new in 2025: €85,977
- Gross operating margin +€66,303
up €66,303 (+432%), from €15,361 to €81,663
- Depreciation -€7,521
down €7,521 (-38.3%), from €19,661 to €12,140
- Taxes -€4,051
no longer reported in 2025 (was €4,051)
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 | €113,426 | €111,899 | -€1,527 | -1.3% |
| Fixed assets | 21/28 | €79,321 | €38,961 | -€40,360 | -50.9% |
| Tangible fixed assets | 22/27 | €79,321 | €38,961 | -€40,360 | -50.9% |
| Plant, machinery and equipment | 23 | €426 | - | -€426 | |
| Furniture and vehicles | 24 | €78,896 | €38,961 | -€39,934 | -50.6% |
| Current assets | 29/58 | €34,105 | €72,938 | +€38,833 | +114% |
| Amounts receivable within one year | 40/41 | €30,988 | €68,949 | +€37,961 | +123% |
| Trade receivables | 40 | €1,224 | €37,455 | +€36,231 | +2,959% |
| Other amounts receivable | 41 | €29,763 | €31,494 | +€1,731 | +5.8% |
| Cash at bank and in hand | 54/58 | €3,117 | €3,989 | +€872 | +28.0% |
| Total equity and liabilities | 10/49 | €113,426 | €111,899 | -€1,527 | -1.3% |
| Equity | 10/15 | -€2,042 | -€10,702 | -€8,660 | -424% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,642 | -€29,302 | -€8,660 | -42.0% |
| Amounts payable | 17/49 | €115,468 | €122,601 | +€7,133 | +6.2% |
| Amounts payable after more than one year | 17 | €27,506 | €56,932 | +€29,426 | +107% |
| Financial debts | 170/4 | €27,506 | €56,932 | +€29,426 | +107% |
| Amounts payable within one year | 42/48 | €87,962 | €65,669 | -€22,293 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €16,450 | €11,511 | -€4,938 | -30.0% |
| Trade debts | 44 | €6,082 | - | -€6,082 | |
| Suppliers | 440/4 | €6,082 | - | -€6,082 | |
| Taxes, remuneration and social security | 45 | €9,500 | €610 | -€8,890 | -93.6% |
| Taxes | 450/3 | €9,500 | €610 | -€8,890 | -93.6% |
| Other amounts payable | 47/48 | €55,930 | €53,548 | -€2,382 | -4.3% |
| Turnover | 70 | - | €167,642 | +€167,642 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €85,977 | +€85,977 | |
| Remuneration, social security and pensions | 62 | €1,230 | €0 | -€1,230 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,661 | €12,140 | -€7,521 | -38.3% |
| Other operating charges | 640/8 | €3,503 | €1,014 | -€2,489 | -71.1% |
| Non-recurring operating charges | 66A | - | €77,766 | +€77,766 | |
| Gross operating margin | 9900 | €15,361 | €81,663 | +€66,303 | +432% |
| Operating profit (loss) | 9901 | -€9,032 | -€9,256 | -€223 | -2.5% |
| Financial income | 75/76B | €1,141 | €1,889 | +€748 | +65.6% |
| Recurring financial income | 75 | €1,141 | €1,889 | +€748 | +65.6% |
| Financial charges | 65/66B | €3,392 | €1,293 | -€2,098 | -61.9% |
| Recurring financial charges | 65 | €3,392 | €1,293 | -€2,098 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,283 | -€8,660 | +€2,623 | +23.2% |
| Income taxes | 67/77 | €4,051 | - | -€4,051 | |
| Profit (loss) for the period | 9904 | -€15,334 | -€8,660 | +€6,674 | +43.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,334 | -€8,660 | +€6,674 | +43.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.