Laurent Verlaine: what changed
Laurent Verlaine
Largest movements
- Cash +€27,209
up €27,209 (+1,853%), from €1,468 to €28,677
mainly Trade debts (+€20,867) and Tax, wage and social debts (+€3,909)
- Formation expenses -€500
down €500 (-39.7%), from €1,260 to €760
- Trade debts +€20,867
up €20,867 (+4,173%), from €500 to €21,367
- Tax, wage and social debts +€3,909
new in 2025: €3,909
- Other debts +€1,783
up €1,783 (+35.7%), from €5,000 to €6,783
- Gross operating margin +€1,972
up €1,972, from -€606 to €1,366
- Depreciation +€260
up €260 (+109%), from €240 to €500
- Taxes +€159
new in 2025: €159
- Other operating charges +€126
up €126 (+32.5%), from €387 to €513
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,729 | €34,438 | +€26,709 | +346% |
| Formation expenses | 20 | €1,260 | €760 | -€500 | -39.7% |
| Fixed assets | 21/28 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €1,468 | €28,677 | +€27,209 | +1,853% |
| Cash at bank and in hand | 54/58 | €1,468 | €28,677 | +€27,209 | +1,853% |
| Total equity and liabilities | 10/49 | €7,729 | €34,438 | +€26,709 | +346% |
| Equity | 10/15 | €2,229 | €2,379 | +€150 | +6.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,271 | -€1,121 | +€150 | +11.8% |
| Amounts payable | 17/49 | €5,500 | €32,059 | +€26,559 | +483% |
| Amounts payable within one year | 42/48 | €5,500 | €32,059 | +€26,559 | +483% |
| Trade debts | 44 | €500 | €21,367 | +€20,867 | +4,173% |
| Suppliers | 440/4 | €500 | €21,367 | +€20,867 | +4,173% |
| Taxes, remuneration and social security | 45 | - | €3,909 | +€3,909 | |
| Taxes | 450/3 | - | €3,909 | +€3,909 | |
| Other amounts payable | 47/48 | €5,000 | €6,783 | +€1,783 | +35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240 | €500 | +€260 | +109% |
| Other operating charges | 640/8 | €387 | €513 | +€126 | +32.5% |
| Gross operating margin | 9900 | -€606 | €1,366 | +€1,972 | |
| Operating profit (loss) | 9901 | -€1,233 | €353 | +€1,586 | |
| Financial charges | 65/66B | €39 | €44 | +€5 | +12.4% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,271 | €310 | +€1,581 | |
| Income taxes | 67/77 | - | €159 | +€159 | |
| Profit (loss) for the period | 9904 | -€1,271 | €150 | +€1,422 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,271 | €150 | +€1,422 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.