LAURFIN: 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.
LAURFIN
Largest movements
- Receivables within one year +€19,145
up €19,145 (+282.7%), from €6,772 to €25,917
of which Other amounts receivable: +€19,200
- Cash -€1,909
down €1,909 (-99.9%), from €1,911 to €2
mainly Receivables within one year (-€19,145) and Investment in fixed assets (net) (-€1,174)
- Tangible fixed assets +€733
new in 2025: €733
of which Plant, machinery and equipment: +€649
- Profit (loss) carried forward +€12,613
up €12,613 (+299.4%), from €4,213 to €16,827
- Tax, wage and social debts +€5,332
up €5,332 (+215.9%), from €2,470 to €7,801
- Gross operating margin +€12,409
up €12,409 (+185.6%), from €6,686 to €19,096
- Taxes +€3,486
up €3,486 (+294.1%), from €1,185 to €4,671
- Depreciation +€441
new in 2025: €441
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 | €8,683 | €26,651 | +€17,968 | +206.9% |
| Fixed assets | 21/28 | - | €733 | +€733 | |
| Tangible fixed assets | 22/27 | - | €733 | +€733 | |
| Plant, machinery and equipment | 23 | - | €649 | +€649 | |
| Furniture and vehicles | 24 | - | €84 | +€84 | |
| Current assets | 29/58 | €8,683 | €25,918 | +€17,235 | +198.5% |
| Amounts receivable within one year | 40/41 | €6,772 | €25,917 | +€19,145 | +282.7% |
| Trade receivables | 40 | €55 | - | -€55 | |
| Other amounts receivable | 41 | €6,717 | €25,917 | +€19,200 | +285.9% |
| Cash at bank and in hand | 54/58 | €1,911 | €2 | -€1,909 | -99.9% |
| Total equity and liabilities | 10/49 | €8,683 | €26,651 | +€17,968 | +206.9% |
| Equity | 10/15 | €6,213 | €18,827 | +€12,613 | +203.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,213 | €16,827 | +€12,613 | +299.4% |
| Amounts payable | 17/49 | €2,470 | €7,824 | +€5,355 | +216.8% |
| Amounts payable within one year | 42/48 | €2,470 | €7,824 | +€5,355 | +216.8% |
| Trade debts | 44 | - | €23 | +€23 | |
| Suppliers | 440/4 | - | €23 | +€23 | |
| Taxes, remuneration and social security | 45 | €2,470 | €7,801 | +€5,332 | +215.9% |
| Taxes | 450/3 | €2,470 | €7,801 | +€5,332 | +215.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €441 | +€441 | |
| Other operating charges | 640/8 | €1,204 | €1,276 | +€72 | +6.0% |
| Gross operating margin | 9900 | €6,686 | €19,096 | +€12,409 | +185.6% |
| Operating profit (loss) | 9901 | €5,482 | €17,378 | +€11,896 | +217.0% |
| Financial charges | 65/66B | €84 | €94 | +€10 | +11.9% |
| Recurring financial charges | 65 | €84 | €94 | +€10 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €5,398 | €17,284 | +€11,886 | +220.2% |
| Income taxes | 67/77 | €1,185 | €4,671 | +€3,486 | +294.1% |
| Profit (loss) for the period | 9904 | €4,213 | €12,613 | +€8,400 | +199.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,213 | €12,613 | +€8,400 | +199.4% |
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 4 October 2026 via checked.be.