LAURETHIMMO: what changed
Two fiscal 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.
LAURETHIMMO
Largest movements
- Stocks and contracts -€292,924
down €292,924 (-59.9%), from €489,303 to €196,378
- Cash +€14,806
up €14,806 (+353.1%), from €4,193 to €18,999
mainly Stocks and contracts (+€292,924) and Depreciation (+€29,628)
- Debts after one year -€238,069
down €238,069 (-19.8%), from €1.2m to €962,442
of which Financial debts: -€241,264
- Other debts -€26,402
down €26,402 (-15.6%), from €169,234 to €142,832
- Profit (loss) carried forward -€18,936
down €18,936 (-24.8%), from -€76,317 to -€95,253
- Gross operating margin +€13,725
up €13,725 (+40.2%), from €34,153 to €47,878
- Financial charges -€4,104
down €4,104 (-12.6%), from €32,677 to €28,573
- Depreciation +€3,228
up €3,228 (+12.2%), from €26,400 to €29,628
- Other operating charges -€2,868
down €2,868 (-25.0%), from €11,488 to €8,620
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 | €1,338,377 | €1,047,301 | -€291,076 | -21.7% |
| Fixed assets | 21/28 | €842,761 | €831,422 | -€11,339 | -1.3% |
| Tangible fixed assets | 22/27 | €842,761 | €831,422 | -€11,339 | -1.3% |
| Land and buildings | 22 | €841,684 | €830,258 | -€11,425 | -1.4% |
| Plant, machinery and equipment | 23 | €942 | €715 | -€228 | -24.2% |
| Furniture and vehicles | 24 | €134 | €449 | +€314 | +233.7% |
| Current assets | 29/58 | €495,616 | €215,879 | -€279,737 | -56.4% |
| Stocks and contracts in progress | 3 | €489,303 | €196,378 | -€292,924 | -59.9% |
| Stocks | 30/36 | €489,303 | €196,378 | -€292,924 | -59.9% |
| Cash at bank and in hand | 54/58 | €4,193 | €18,999 | +€14,806 | +353.1% |
| Deferred charges and accrued income | 490/1 | €2,121 | €502 | -€1,618 | -76.3% |
| Total equity and liabilities | 10/49 | €1,338,377 | €1,047,301 | -€291,076 | -21.7% |
| Equity | 10/15 | -€46,317 | -€65,253 | -€18,936 | -40.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,317 | -€95,253 | -€18,936 | -24.8% |
| Amounts payable | 17/49 | €1,384,694 | €1,112,554 | -€272,139 | -19.7% |
| Amounts payable after more than one year | 17 | €1,200,511 | €962,442 | -€238,069 | -19.8% |
| Financial debts | 170/4 | €1,087,283 | €846,019 | -€241,264 | -22.2% |
| Other amounts payable | 178/9 | €113,228 | €116,423 | +€3,195 | +2.8% |
| Amounts payable within one year | 42/48 | €184,183 | €150,112 | -€34,071 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €6,202 | €6,540 | +€338 | +5.5% |
| Trade debts | 44 | €8,747 | €740 | -€8,007 | -91.5% |
| Suppliers | 440/4 | €8,747 | €740 | -€8,007 | -91.5% |
| Other amounts payable | 47/48 | €169,234 | €142,832 | -€26,402 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,400 | €29,628 | +€3,228 | +12.2% |
| Other operating charges | 640/8 | €11,488 | €8,620 | -€2,868 | -25.0% |
| Gross operating margin | 9900 | €34,153 | €47,878 | +€13,725 | +40.2% |
| Operating profit (loss) | 9901 | -€3,735 | €9,630 | +€13,365 | |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €32,677 | €28,573 | -€4,104 | -12.6% |
| Recurring financial charges | 65 | €32,677 | €28,573 | -€4,104 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | -€36,411 | -€18,934 | +€17,477 | +48.0% |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€36,411 | -€18,936 | +€17,475 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,411 | -€18,936 | +€17,475 | +48.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.