LAURENT G: 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 G
Largest movements
- Receivables within one year +€44,019
up €44,019 (+190%), from €23,148 to €67,167
of which Trade receivables: +€35,636
- Cash -€27,139
down €27,139 (-80.3%), from €33,798 to €6,659
mainly Receivables within one year (-€44,019) and Net result for the year (-€25,933)
- Tangible fixed assets +€1,005
up €1,005 (+59.5%), from €1,689 to €2,694
- Tax, wage and social debts +€37,842
up €37,842 (+87.8%), from €43,121 to €80,963
of which Taxes: +€28,208
- Trade debts +€27,763
up €27,763 (+69.8%), from €39,754 to €67,517
- Profit (loss) carried forward -€25,933
down €25,933 (-30.2%), from -€85,743 to -€111,676
- Other debts -€21,523
down €21,523 (-47.1%), from €45,690 to €24,167
- Staff costs +€68,762
up €68,762 (+32.3%), from €212,831 to €281,593
- Gross operating margin +€45,449
up €45,449 (+21.4%), from €211,942 to €257,391
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 | €58,794 | €76,571 | +€17,777 | +30.2% |
| Fixed assets | 21/28 | €1,689 | €2,694 | +€1,005 | +59.5% |
| Tangible fixed assets | 22/27 | €1,689 | €2,694 | +€1,005 | +59.5% |
| Furniture and vehicles | 24 | €1,689 | €2,694 | +€1,005 | +59.5% |
| Current assets | 29/58 | €57,105 | €73,877 | +€16,772 | +29.4% |
| Amounts receivable within one year | 40/41 | €23,148 | €67,167 | +€44,019 | +190% |
| Trade receivables | 40 | €17,711 | €53,347 | +€35,636 | +201% |
| Other amounts receivable | 41 | €5,437 | €13,820 | +€8,383 | +154% |
| Cash at bank and in hand | 54/58 | €33,798 | €6,659 | -€27,139 | -80.3% |
| Deferred charges and accrued income | 490/1 | €159 | €51 | -€108 | -67.9% |
| Total equity and liabilities | 10/49 | €58,794 | €76,571 | +€17,777 | +30.2% |
| Equity | 10/15 | -€79,543 | -€105,476 | -€25,933 | -32.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,743 | -€111,676 | -€25,933 | -30.2% |
| Amounts payable | 17/49 | €138,337 | €182,047 | +€43,710 | +31.6% |
| Amounts payable within one year | 42/48 | €128,565 | €172,647 | +€44,082 | +34.3% |
| Trade debts | 44 | €39,754 | €67,517 | +€27,763 | +69.8% |
| Suppliers | 440/4 | €39,754 | €67,517 | +€27,763 | +69.8% |
| Taxes, remuneration and social security | 45 | €43,121 | €80,963 | +€37,842 | +87.8% |
| Taxes | 450/3 | - | €28,208 | +€28,208 | |
| Remuneration and social security | 454/9 | €43,121 | €52,755 | +€9,634 | +22.3% |
| Other amounts payable | 47/48 | €45,690 | €24,167 | -€21,523 | -47.1% |
| Accrued charges and deferred income | 492/3 | €9,772 | €9,400 | -€372 | -3.8% |
| Remuneration, social security and pensions | 62 | €212,831 | €281,593 | +€68,762 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €573 | €945 | +€372 | +64.9% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €211,942 | €257,391 | +€45,449 | +21.4% |
| Operating profit (loss) | 9901 | -€1,849 | -€25,547 | -€23,698 | -1,282% |
| Financial charges | 65/66B | €516 | €386 | -€130 | -25.2% |
| Recurring financial charges | 65 | €516 | €386 | -€130 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,365 | -€25,933 | -€23,568 | -997% |
| Profit (loss) for the period | 9904 | -€2,365 | -€25,933 | -€23,568 | -997% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,365 | -€25,933 | -€23,568 | -997% |
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 16 October 2026 via checked.be.