Laurier: 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.
Laurier
Largest movements
- Cash +€29,993
up €29,993 (+41.7%), from €71,945 to €101,938
mainly Receivables within one year (+€25,259) and Net result for the year (+€15,527)
- Receivables within one year -€25,259
down €25,259 (-52.1%), from €48,470 to €23,211
of which Trade receivables: -€25,383
- Tangible fixed assets -€3,626
down €3,626 (-65.5%), from €5,538 to €1,912
- Stocks and contracts -€2,255
down €2,255 (-19.1%), from €11,813 to €9,559
- Reserves +€15,527
up €15,527 (+16.8%), from €92,566 to €108,093
- Tax, wage and social debts -€10,058
down €10,058 (-100.0%), from €10,058 to €0
of which Taxes: -€10,058
- Other debts -€5,023
down €5,023 (-46.4%), from €10,824 to €5,802
- Trade debts -€1,539
down €1,539 (-20.0%), from €7,687 to €6,148
- Gross operating margin -€26,976
down €26,976 (-46.1%), from €58,510 to €31,534
- Taxes -€7,159
down €7,159 (-54.0%), from €13,263 to €6,103
- Depreciation -€1,969
down €1,969 (-29.7%), from €6,630 to €4,660
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 | €139,981 | €138,643 | -€1,338 | -1.0% |
| Fixed assets | 21/28 | €5,538 | €1,912 | -€3,626 | -65.5% |
| Tangible fixed assets | 22/27 | €5,538 | €1,912 | -€3,626 | -65.5% |
| Furniture and vehicles | 24 | €5,538 | €1,912 | -€3,626 | -65.5% |
| Current assets | 29/58 | €134,442 | €136,730 | +€2,288 | +1.7% |
| Stocks and contracts in progress | 3 | €11,813 | €9,559 | -€2,255 | -19.1% |
| Stocks | 30/36 | €11,813 | €9,559 | -€2,255 | -19.1% |
| Amounts receivable within one year | 40/41 | €48,470 | €23,211 | -€25,259 | -52.1% |
| Trade receivables | 40 | €43,727 | €18,344 | -€25,383 | -58.0% |
| Other amounts receivable | 41 | €4,744 | €4,868 | +€124 | +2.6% |
| Cash at bank and in hand | 54/58 | €71,945 | €101,938 | +€29,993 | +41.7% |
| Deferred charges and accrued income | 490/1 | €2,214 | €2,022 | -€192 | -8.7% |
| Total equity and liabilities | 10/49 | €139,981 | €138,643 | -€1,338 | -1.0% |
| Equity | 10/15 | €111,166 | €126,693 | +€15,527 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,566 | €108,093 | +€15,527 | +16.8% |
| Distributable reserves | 133 | €92,566 | €108,093 | +€15,527 | +16.8% |
| Amounts payable | 17/49 | €28,814 | €11,950 | -€16,865 | -58.5% |
| Amounts payable within one year | 42/48 | €28,814 | €11,950 | -€16,865 | -58.5% |
| Financial debts | 43 | €245 | €0 | -€245 | -100.0% |
| Credit institutions | 430/8 | €245 | €0 | -€245 | -100.0% |
| Trade debts | 44 | €7,687 | €6,148 | -€1,539 | -20.0% |
| Suppliers | 440/4 | €7,687 | €6,148 | -€1,539 | -20.0% |
| Taxes, remuneration and social security | 45 | €10,058 | €0 | -€10,058 | -100.0% |
| Taxes | 450/3 | €10,058 | €0 | -€10,058 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,824 | €5,802 | -€5,023 | -46.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €1,838 | +€1,838 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,630 | €4,660 | -€1,969 | -29.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,525 | €2,255 | -€270 | -10.7% |
| Other operating charges | 640/8 | €2,169 | €1,731 | -€438 | -20.2% |
| Gross operating margin | 9900 | €58,510 | €31,534 | -€26,976 | -46.1% |
| Operating profit (loss) | 9901 | €47,186 | €22,888 | -€24,299 | -51.5% |
| Financial income | 75/76B | €8 | €0 | -€8 | -96.2% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -96.2% |
| Financial charges | 65/66B | €1,806 | €1,258 | -€548 | -30.3% |
| Recurring financial charges | 65 | €1,806 | €1,258 | -€548 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €45,388 | €21,630 | -€23,758 | -52.3% |
| Income taxes | 67/77 | €13,263 | €6,103 | -€7,159 | -54.0% |
| Profit (loss) for the period | 9904 | €32,126 | €15,527 | -€16,599 | -51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,126 | €15,527 | -€16,599 | -51.7% |
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.