LAURGO: 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.
LAURGO
Largest movements
- Receivables within one year +€43,070
up €43,070 (+14.3%), from €301,572 to €344,642
of which Trade receivables: +€58,294
- Tangible fixed assets +€4,718
up €4,718 (+73.8%), from €6,390 to €11,108
of which Plant, machinery and equipment: +€3,833
- Trade debts +€178,714
up €178,714 (+137%), from €130,000 to €308,714
- Advances received -€124,746
no longer reported in 2024 (was €124,746)
- Other debts -€15,000
no longer reported in 2024 (was €15,000)
- Profit (loss) carried forward +€8,975
up €8,975 (+31.8%), from €28,239 to €37,214
- Financial charges +€3,429
up €3,429 (+226%), from €1,515 to €4,943
- Depreciation +€2,995
up €2,995 (+98.8%), from €3,031 to €6,026
- Taxes +€2,164
new in 2024: €2,164
- Gross operating margin -€799
down €799 (-3.5%), from €22,968 to €22,169
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,385 | €358,328 | +€47,943 | +15.4% |
| Fixed assets | 21/28 | €6,390 | €11,108 | +€4,718 | +73.8% |
| Tangible fixed assets | 22/27 | €6,390 | €11,108 | +€4,718 | +73.8% |
| Plant, machinery and equipment | 23 | - | €3,833 | +€3,833 | |
| Furniture and vehicles | 24 | €6,390 | €7,274 | +€885 | +13.8% |
| Current assets | 29/58 | €303,996 | €347,221 | +€43,225 | +14.2% |
| Amounts receivable within one year | 40/41 | €301,572 | €344,642 | +€43,070 | +14.3% |
| Trade receivables | 40 | €284,581 | €342,875 | +€58,294 | +20.5% |
| Other amounts receivable | 41 | €16,992 | €1,767 | -€15,225 | -89.6% |
| Cash at bank and in hand | 54/58 | €2,423 | €2,579 | +€155 | +6.4% |
| Total equity and liabilities | 10/49 | €310,385 | €358,328 | +€47,943 | +15.4% |
| Equity | 10/15 | €40,639 | €49,614 | +€8,975 | +22.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,239 | €37,214 | +€8,975 | +31.8% |
| Amounts payable | 17/49 | €269,746 | €308,714 | +€38,967 | +14.4% |
| Amounts payable within one year | 42/48 | €269,746 | €308,714 | +€38,967 | +14.4% |
| Trade debts | 44 | €130,000 | €308,714 | +€178,714 | +137% |
| Suppliers | 440/4 | €130,000 | €308,714 | +€178,714 | +137% |
| Advances received on contracts in progress | 46 | €124,746 | - | -€124,746 | |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,031 | €6,026 | +€2,995 | +98.8% |
| Other operating charges | 640/8 | - | €60 | +€60 | |
| Gross operating margin | 9900 | €22,968 | €22,169 | -€799 | -3.5% |
| Operating profit (loss) | 9901 | €19,937 | €16,083 | -€3,855 | -19.3% |
| Financial charges | 65/66B | €1,515 | €4,943 | +€3,429 | +226% |
| Recurring financial charges | 65 | €1,515 | €4,943 | +€3,429 | +226% |
| Profit (loss) for the period before taxes | 9903 | €18,423 | €11,140 | -€7,283 | -39.5% |
| Income taxes | 67/77 | - | €2,164 | +€2,164 | |
| Profit (loss) for the period | 9904 | €18,423 | €8,975 | -€9,448 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,423 | €8,975 | -€9,448 | -51.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.