LAURENT-LESSIRE: 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-LESSIRE
Largest movements
- Cash -€112,836
down €112,836 (-42.0%), from €268,879 to €156,043
mainly Other debts (-€141,900) and Tax, wage and social debts (-€52,412)
- Tangible fixed assets -€12,967
down €12,967 (-86.4%), from €15,009 to €2,042
of which Furniture and vehicles: -€15,007
- Other debts -€141,900
down €141,900 (-93.2%), from €152,239 to €10,339
- Reserves +€73,099
up €73,099 (+237.2%), from €30,818 to €103,917
of which Distributable reserves: +€73,099
- Tax, wage and social debts -€52,412
down €52,412 (-69.4%), from €75,545 to €23,133
- Gross operating margin +€64,681
up €64,681 (+104.7%), from €61,754 to €126,435
- Taxes +€23,435
up €23,435 (+159.4%), from €14,698 to €38,133
- Depreciation -€2,795
down €2,795 (-17.7%), from €15,761 to €12,966
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 | €284,661 | €161,592 | -€123,069 | -43.2% |
| Fixed assets | 21/28 | €15,524 | €2,557 | -€12,967 | -83.5% |
| Tangible fixed assets | 22/27 | €15,009 | €2,042 | -€12,967 | -86.4% |
| Plant, machinery and equipment | 23 | - | €2,040 | +€2,040 | |
| Furniture and vehicles | 24 | €15,009 | €2 | -€15,007 | -100.0% |
| Financial fixed assets | 28 | €515 | €515 | -€0 | -0.1% |
| Current assets | 29/58 | €269,137 | €159,035 | -€110,102 | -40.9% |
| Cash at bank and in hand | 54/58 | €268,879 | €156,043 | -€112,836 | -42.0% |
| Deferred charges and accrued income | 490/1 | €258 | €2,992 | +€2,734 | +1059.8% |
| Total equity and liabilities | 10/49 | €284,661 | €161,592 | -€123,069 | -43.2% |
| Equity | 10/15 | €49,418 | €122,517 | +€73,099 | +147.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €30,818 | €103,917 | +€73,099 | +237.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,958 | €102,057 | +€73,099 | +252.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €235,243 | €39,075 | -€196,168 | -83.4% |
| Amounts payable within one year | 42/48 | €235,243 | €39,075 | -€196,168 | -83.4% |
| Trade debts | 44 | €7,459 | €5,603 | -€1,856 | -24.9% |
| Suppliers | 440/4 | €7,459 | €5,603 | -€1,856 | -24.9% |
| Taxes, remuneration and social security | 45 | €75,545 | €23,133 | -€52,412 | -69.4% |
| Taxes | 450/3 | €75,545 | €23,133 | -€52,412 | -69.4% |
| Other amounts payable | 47/48 | €152,239 | €10,339 | -€141,900 | -93.2% |
| Non-recurring operating income | 76A | €1,461 | €0 | -€1,461 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,761 | €12,966 | -€2,795 | -17.7% |
| Other operating charges | 640/8 | €2,066 | €1,524 | -€542 | -26.2% |
| Gross operating margin | 9900 | €61,754 | €126,435 | +€64,681 | +104.7% |
| Operating profit (loss) | 9901 | €43,927 | €111,944 | +€68,017 | +154.8% |
| Financial charges | 65/66B | €270 | €713 | +€443 | +164.0% |
| Recurring financial charges | 65 | €270 | €713 | +€443 | +164.0% |
| Profit (loss) for the period before taxes | 9903 | €43,657 | €111,231 | +€67,574 | +154.8% |
| Income taxes | 67/77 | €14,698 | €38,133 | +€23,435 | +159.4% |
| Profit (loss) for the period | 9904 | €28,959 | €73,099 | +€44,140 | +152.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,959 | €73,099 | +€44,140 | +152.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.