LAURENT JUNIOR: 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 JUNIOR
Largest movements
- Cash +€77,031
up €77,031 (+84.2%), from €91,443 to €168,474
mainly Other debts (+€134,629) and Receivables within one year (+€38,885)
- Receivables within one year -€38,885
down €38,885 (-94.1%), from €41,322 to €2,436
of which Trade receivables: -€36,504
- Tangible fixed assets -€13,160
down €13,160 (-4.9%), from €270,610 to €257,450
of which Land and buildings: -€11,660
- Other debts +€134,629
up €134,629 (+831%), from €16,205 to €150,835
- Reserves -€114,042
down €114,042 (-32.1%), from €354,762 to €240,721
of which Distributable reserves: -€111,629
- Tax, wage and social debts +€7,547
up €7,547 (+1,019%), from €740 to €8,288
- Gross operating margin +€21,485
up €21,485 (+84.8%), from €25,335 to €46,820
- Taxes +€5,492
up €5,492 (+198%), from €2,777 to €8,269
- Other operating charges +€1,609
up €1,609 (+44.2%), from €3,639 to €5,248
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €403,956 | €429,087 | +€25,130 | +6.2% |
| Fixed assets | 21/28 | €270,610 | €257,450 | -€13,160 | -4.9% |
| Tangible fixed assets | 22/27 | €270,610 | €257,450 | -€13,160 | -4.9% |
| Land and buildings | 22 | €263,053 | €251,393 | -€11,660 | -4.4% |
| Plant, machinery and equipment | 23 | €7,557 | €6,057 | -€1,500 | -19.9% |
| Current assets | 29/58 | €133,347 | €171,637 | +€38,290 | +28.7% |
| Amounts receivable within one year | 40/41 | €41,322 | €2,436 | -€38,885 | -94.1% |
| Trade receivables | 40 | €36,504 | - | -€36,504 | |
| Other amounts receivable | 41 | €4,818 | €2,436 | -€2,382 | -49.4% |
| Cash at bank and in hand | 54/58 | €91,443 | €168,474 | +€77,031 | +84.2% |
| Deferred charges and accrued income | 490/1 | €582 | €727 | +€145 | +24.9% |
| Total equity and liabilities | 10/49 | €403,956 | €429,087 | +€25,130 | +6.2% |
| Equity | 10/15 | €373,362 | €259,321 | -€114,042 | -30.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €354,762 | €240,721 | -€114,042 | -32.1% |
| Tax-exempt reserves | 132 | €7,239 | €4,826 | -€2,413 | -33.3% |
| Distributable reserves | 133 | €347,524 | €235,895 | -€111,629 | -32.1% |
| Provisions and deferred taxes | 16 | €1,855 | €1,237 | -€618 | -33.3% |
| Deferred taxes | 168 | €1,855 | €1,237 | -€618 | -33.3% |
| Amounts payable | 17/49 | €28,739 | €168,529 | +€139,790 | +486% |
| Amounts payable after more than one year | 17 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 178/9 | €1,800 | €1,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,580 | €165,633 | +€140,052 | +547% |
| Trade debts | 44 | €8,635 | €6,510 | -€2,125 | -24.6% |
| Suppliers | 440/4 | €8,635 | €6,510 | -€2,125 | -24.6% |
| Taxes, remuneration and social security | 45 | €740 | €8,288 | +€7,547 | +1,019% |
| Taxes | 450/3 | €740 | €8,288 | +€7,547 | +1,019% |
| Other amounts payable | 47/48 | €16,205 | €150,835 | +€134,629 | +831% |
| Accrued charges and deferred income | 492/3 | €1,359 | €1,097 | -€262 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,160 | €13,160 | = | 0.0% |
| Other operating charges | 640/8 | €3,639 | €5,248 | +€1,609 | +44.2% |
| Gross operating margin | 9900 | €25,335 | €46,820 | +€21,485 | +84.8% |
| Operating profit (loss) | 9901 | €8,537 | €28,413 | +€19,876 | +233% |
| Financial charges | 65/66B | €1,387 | €1,126 | -€260 | -18.8% |
| Recurring financial charges | 65 | €1,387 | €1,126 | -€260 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €7,150 | €27,287 | +€20,137 | +282% |
| Transfer from deferred taxes | 780 | €618 | €618 | -€0 | 0.0% |
| Income taxes | 67/77 | €2,777 | €8,269 | +€5,492 | +198% |
| Profit (loss) for the period | 9904 | €4,992 | €19,637 | +€14,645 | +293% |
| Transfer from tax-exempt reserves | 789 | €2,413 | €2,413 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,404 | €22,049 | +€14,645 | +198% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.