LAURIERS ACQUISITIONS: 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.
LAURIERS ACQUISITIONS
Largest movements
- Stocks and contracts +€182,141
up €182,141 (+39.6%), from €459,859 to €642,000
- Cash +€170,502
up €170,502 (+201%), from €85,034 to €255,536
mainly Debts after one year (+€379,365) and Receivables within one year (+€136,300)
- Receivables within one year -€136,300
down €136,300 (-86.8%), from €157,076 to €20,776
of which Other amounts receivable: -€117,411
- Debts after one year +€379,365
up €379,365 (+233%), from €162,941 to €542,306
of which Other amounts payable: +€385,790
- Other debts -€140,788
down €140,788 (-84.9%), from €165,816 to €25,028
- Profit (loss) carried forward +€54,772
up €54,772 (+39.8%), from €137,716 to €192,488
- Trade debts -€53,709
down €53,709 (-62.4%), from €86,081 to €32,373
- Tax, wage and social debts -€20,402
down €20,402 (-73.0%), from €27,957 to €7,554
- Gross operating margin +€98,041
up €98,041, from -€207 to €97,834
- Taxes +€7,554
new in 2025: €7,554
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 | €894,208 | €1,114,090 | +€219,882 | +24.6% |
| Fixed assets | 21/28 | €143,282 | €146,174 | +€2,892 | +2.0% |
| Tangible fixed assets | 22/27 | €143,088 | €145,980 | +€2,892 | +2.0% |
| Land and buildings | 22 | €142,420 | €138,673 | -€3,746 | -2.6% |
| Plant, machinery and equipment | 23 | - | €7,066 | +€7,066 | |
| Furniture and vehicles | 24 | €668 | €240 | -€428 | -64.1% |
| Financial fixed assets | 28 | €194 | €194 | = | 0.0% |
| Current assets | 29/58 | €750,926 | €967,916 | +€216,990 | +28.9% |
| Stocks and contracts in progress | 3 | €459,859 | €642,000 | +€182,141 | +39.6% |
| Stocks | 30/36 | €459,859 | €642,000 | +€182,141 | +39.6% |
| Amounts receivable within one year | 40/41 | €157,076 | €20,776 | -€136,300 | -86.8% |
| Trade receivables | 40 | €37,478 | €18,590 | -€18,889 | -50.4% |
| Other amounts receivable | 41 | €119,597 | €2,186 | -€117,411 | -98.2% |
| Cash at bank and in hand | 54/58 | €85,034 | €255,536 | +€170,502 | +201% |
| Deferred charges and accrued income | 490/1 | €48,957 | €49,604 | +€647 | +1.3% |
| Total equity and liabilities | 10/49 | €894,208 | €1,114,090 | +€219,882 | +24.6% |
| Equity | 10/15 | €145,227 | €199,999 | +€54,772 | +37.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,311 | €1,311 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,311 | €1,311 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,311 | €1,311 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,716 | €192,488 | +€54,772 | +39.8% |
| Amounts payable | 17/49 | €748,980 | €914,091 | +€165,110 | +22.0% |
| Amounts payable after more than one year | 17 | €162,941 | €542,306 | +€379,365 | +233% |
| Financial debts | 170/4 | €162,941 | €156,516 | -€6,425 | -3.9% |
| Other amounts payable | 178/9 | - | €385,790 | +€385,790 | |
| Amounts payable within one year | 42/48 | €586,039 | €371,380 | -€214,659 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €6,122 | €6,425 | +€303 | +5.0% |
| Financial debts | 43 | €300,063 | €300,000 | -€63 | 0.0% |
| Credit institutions | 430/8 | €300,063 | €300,000 | -€63 | 0.0% |
| Trade debts | 44 | €86,081 | €32,373 | -€53,709 | -62.4% |
| Suppliers | 440/4 | €86,081 | €32,373 | -€53,709 | -62.4% |
| Taxes, remuneration and social security | 45 | €27,957 | €7,554 | -€20,402 | -73.0% |
| Taxes | 450/3 | €27,957 | €7,554 | -€20,402 | -73.0% |
| Other amounts payable | 47/48 | €165,816 | €25,028 | -€140,788 | -84.9% |
| Accrued charges and deferred income | 492/3 | - | €405 | +€405 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,173 | €4,958 | +€785 | +18.8% |
| Other operating charges | 640/8 | €7,650 | €7,065 | -€585 | -7.6% |
| Gross operating margin | 9900 | -€207 | €97,834 | +€98,041 | |
| Operating profit (loss) | 9901 | -€12,030 | €85,810 | +€97,841 | |
| Financial income | 75/76B | €33 | €68 | +€35 | +106% |
| Recurring financial income | 75 | €33 | €68 | +€35 | +106% |
| Financial charges | 65/66B | €41,185 | €40,731 | -€454 | -1.1% |
| Recurring financial charges | 65 | €41,185 | €38,356 | -€2,829 | -6.9% |
| Non-recurring financial charges | 66B | - | €2,375 | +€2,375 | |
| Profit (loss) for the period before taxes | 9903 | -€53,182 | €45,148 | +€98,330 | |
| Income taxes | 67/77 | - | €7,554 | +€7,554 | |
| Profit (loss) for the period | 9904 | -€53,182 | €37,594 | +€90,776 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,182 | €37,594 | +€90,776 |
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 27 October 2026 via checked.be.