Laurhan: 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.
Laurhan
Largest movements
- Receivables within one year +€11,465
up €11,465 (+966%), from €1,186 to €12,651
- Tangible fixed assets -€4,675
down €4,675 (-25.9%), from €18,043 to €13,368
of which Furniture and vehicles: -€6,441
- Stocks and contracts -€4,612
down €4,612 (-2.5%), from €181,090 to €176,477
- Debts after one year -€28,035
down €28,035 (-19.4%), from €144,423 to €116,389
- Short-term financial debts +€24,500
new in 2025: €24,500
- Trade debts -€16,166
down €16,166 (-45.2%), from €35,769 to €19,603
- Profit (loss) carried forward +€13,443
up €13,443, from -€12,223 to €1,219
- Tax, wage and social debts +€6,130
up €6,130 (+44.2%), from €13,860 to €19,990
of which Taxes: +€3,394
- Staff costs -€20,112
down €20,112 (-19.6%), from €102,641 to €82,528
- Gross operating margin +€5,094
up €5,094 (+4.7%), from €108,319 to €113,413
- Other operating charges -€3,917
down €3,917 (-69.9%), from €5,600 to €1,683
- Taxes +€1,689
new in 2025: €1,689
- Financial income -€1,483
down €1,483 (-95.6%), from €1,552 to €69
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.
Derived cash bridge
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 | €210,928 | €211,779 | +€852 | +0.4% |
| Fixed assets | 21/28 | €24,493 | €19,818 | -€4,675 | -19.1% |
| Tangible fixed assets | 22/27 | €18,043 | €13,368 | -€4,675 | -25.9% |
| Furniture and vehicles | 24 | €8,608 | €2,168 | -€6,441 | -74.8% |
| Other tangible fixed assets | 26 | €9,434 | €11,200 | +€1,766 | +18.7% |
| Financial fixed assets | 28 | €6,450 | €6,450 | = | 0.0% |
| Current assets | 29/58 | €186,435 | €191,962 | +€5,526 | +3.0% |
| Stocks and contracts in progress | 3 | €181,090 | €176,477 | -€4,612 | -2.5% |
| Stocks | 30/36 | €181,090 | €176,477 | -€4,612 | -2.5% |
| Amounts receivable within one year | 40/41 | €1,186 | €12,651 | +€11,465 | +966% |
| Trade receivables | 40 | €1,186 | €12,651 | +€11,465 | +966% |
| Cash at bank and in hand | 54/58 | €2,009 | €683 | -€1,326 | -66.0% |
| Deferred charges and accrued income | 490/1 | €2,150 | €2,150 | = | 0.0% |
| Total equity and liabilities | 10/49 | €210,928 | €211,779 | +€852 | +0.4% |
| Equity | 10/15 | -€7,223 | €6,219 | +€13,443 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,223 | €1,219 | +€13,443 | |
| Amounts payable | 17/49 | €218,151 | €205,560 | -€12,591 | -5.8% |
| Amounts payable after more than one year | 17 | €144,423 | €116,389 | -€28,035 | -19.4% |
| Financial debts | 170/4 | €144,423 | €116,389 | -€28,035 | -19.4% |
| Amounts payable within one year | 42/48 | €73,728 | €89,172 | +€15,443 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €22,239 | €23,219 | +€980 | +4.4% |
| Financial debts | 43 | - | €24,500 | +€24,500 | |
| Credit institutions | 430/8 | - | €24,500 | +€24,500 | |
| Trade debts | 44 | €35,769 | €19,603 | -€16,166 | -45.2% |
| Suppliers | 440/4 | €35,769 | €19,603 | -€16,166 | -45.2% |
| Taxes, remuneration and social security | 45 | €13,860 | €19,990 | +€6,130 | +44.2% |
| Taxes | 450/3 | €937 | €4,331 | +€3,394 | +362% |
| Remuneration and social security | 454/9 | €12,923 | €15,659 | +€2,736 | +21.2% |
| Other amounts payable | 47/48 | €1,859 | €1,859 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €102,641 | €82,528 | -€20,112 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,462 | €4,675 | +€213 | +4.8% |
| Other operating charges | 640/8 | €5,600 | €1,683 | -€3,917 | -69.9% |
| Gross operating margin | 9900 | €108,319 | €113,413 | +€5,094 | +4.7% |
| Operating profit (loss) | 9901 | -€4,384 | €24,526 | +€28,910 | |
| Financial income | 75/76B | €1,552 | €69 | -€1,483 | -95.6% |
| Recurring financial income | 75 | €1,552 | €69 | -€1,483 | -95.6% |
| Financial charges | 65/66B | €9,391 | €9,464 | +€73 | +0.8% |
| Recurring financial charges | 65 | €9,391 | €9,464 | +€73 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,223 | €15,131 | +€27,355 | |
| Income taxes | 67/77 | - | €1,689 | +€1,689 | |
| Profit (loss) for the period | 9904 | -€12,223 | €13,443 | +€25,666 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,223 | €13,443 | +€25,666 |
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 16 October 2026 via checked.be.