LAUREX: 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.
LAUREX
Largest movements
- Receivables within one year -€12,100
down €12,100 (-86.5%), from €13,981 to €1,881
- Cash +€6,888
up €6,888 (+80.6%), from €8,548 to €15,436
mainly Net result for the year (+€31,166) and Receivables within one year (+€12,100)
- Reserves +€31,166
up €31,166 (+33.4%), from €93,379 to €124,545
- Debts after one year -€30,251
down €30,251 (-35.1%), from €86,127 to €55,875
- Tax, wage and social debts -€8,375
down €8,375 (-47.0%), from €17,835 to €9,461
- Financial charges -€1,305
down €1,305 (-16.1%), from €8,089 to €6,784
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 | €270,778 | €265,416 | -€5,362 | -2.0% |
| Fixed assets | 21/28 | €248,100 | €248,100 | = | 0.0% |
| Financial fixed assets | 28 | €248,100 | €248,100 | = | 0.0% |
| Current assets | 29/58 | €22,678 | €17,316 | -€5,362 | -23.6% |
| Amounts receivable within one year | 40/41 | €13,981 | €1,881 | -€12,100 | -86.5% |
| Trade receivables | 40 | €13,981 | €1,881 | -€12,100 | -86.5% |
| Cash at bank and in hand | 54/58 | €8,548 | €15,436 | +€6,888 | +80.6% |
| Deferred charges and accrued income | 490/1 | €149 | €0 | -€149 | -100.0% |
| Total equity and liabilities | 10/49 | €270,778 | €265,416 | -€5,362 | -2.0% |
| Equity | 10/15 | €96,379 | €127,545 | +€31,166 | +32.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €93,379 | €124,545 | +€31,166 | +33.4% |
| Distributable reserves | 133 | €93,379 | €124,545 | +€31,166 | +33.4% |
| Amounts payable | 17/49 | €174,399 | €137,871 | -€36,527 | -20.9% |
| Amounts payable after more than one year | 17 | €86,127 | €55,875 | -€30,251 | -35.1% |
| Financial debts | 170/4 | €86,127 | €55,875 | -€30,251 | -35.1% |
| Amounts payable within one year | 42/48 | €88,272 | €81,996 | -€6,276 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €29,089 | €30,251 | +€1,162 | +4.0% |
| Trade debts | 44 | €3,455 | €2,535 | -€920 | -26.6% |
| Suppliers | 440/4 | €3,455 | €2,535 | -€920 | -26.6% |
| Taxes, remuneration and social security | 45 | €17,835 | €9,461 | -€8,375 | -47.0% |
| Taxes | 450/3 | €17,835 | €9,461 | -€8,375 | -47.0% |
| Other amounts payable | 47/48 | €37,893 | €39,749 | +€1,857 | +4.9% |
| Other operating charges | 640/8 | €164 | €566 | +€402 | +245.0% |
| Gross operating margin | 9900 | €49,101 | €49,481 | +€380 | +0.8% |
| Operating profit (loss) | 9901 | €48,937 | €48,915 | -€22 | 0.0% |
| Financial charges | 65/66B | €8,089 | €6,784 | -€1,305 | -16.1% |
| Recurring financial charges | 65 | €8,089 | €6,784 | -€1,305 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €40,848 | €42,131 | +€1,284 | +3.1% |
| Income taxes | 67/77 | €10,521 | €10,966 | +€444 | +4.2% |
| Profit (loss) for the period | 9904 | €30,326 | €31,166 | +€839 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,326 | €31,166 | +€839 | +2.8% |
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 9 October 2026 via checked.be.