LAURIUS: 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.
LAURIUS
Largest movements
- Receivables within one year +€691,554
up €691,554 (+18.7%), from €3.7m to €4.4m
of which Trade receivables: +€693,209
- Cash -€464,494
down €464,494 (-57.3%), from €810,907 to €346,413
mainly Contributions, distributions and other (-€1.1m) and Receivables within one year (-€691,554)
- Tangible fixed assets -€95,663
down €95,663 (-30.1%), from €318,219 to €222,555
of which Furniture and vehicles: -€48,742
- Accrued charges and deferred income +€405,077
up €405,077 (+26.6%), from €1.5m to €1.9m
- Trade debts -€291,849
down €291,849 (-22.3%), from €1.3m to €1.0m
- Provisions -€63,640
down €63,640 (-13.8%), from €461,469 to €397,829
- Tax, wage and social debts +€63,253
up €63,253 (+24.9%), from €253,894 to €317,147
of which Taxes: +€73,175
- Debts after one year +€54,649
up €54,649 (+70.6%), from €77,365 to €132,014
- Provisions -€134,370
down €134,370, from €70,730 to -€63,640
- Gross operating margin -€118,154
down €118,154 (-5.4%), from €2.2m to €2.1m
- Staff costs +€63,135
up €63,135 (+10.9%), from €580,417 to €643,553
- Depreciation -€52,534
down €52,534 (-25.0%), from €210,330 to €157,796
- Taxes +€43,979
up €43,979 (+33.0%), from €133,333 to €177,313
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 | €5,048,326 | €5,179,319 | +€130,993 | +2.6% |
| Fixed assets | 21/28 | €413,773 | €275,379 | -€138,394 | -33.4% |
| Intangible fixed assets | 21 | €86,315 | €43,584 | -€42,731 | -49.5% |
| Tangible fixed assets | 22/27 | €318,219 | €222,555 | -€95,663 | -30.1% |
| Plant, machinery and equipment | 23 | €18,001 | €13,075 | -€4,926 | -27.4% |
| Furniture and vehicles | 24 | €55,747 | €7,005 | -€48,742 | -87.4% |
| Other tangible fixed assets | 26 | €244,471 | €202,476 | -€41,995 | -17.2% |
| Financial fixed assets | 28 | €9,240 | €9,240 | = | 0.0% |
| Current assets | 29/58 | €4,634,553 | €4,903,940 | +€269,387 | +5.8% |
| Amounts receivable within one year | 40/41 | €3,689,571 | €4,381,125 | +€691,554 | +18.7% |
| Trade receivables | 40 | €3,687,877 | €4,381,086 | +€693,209 | +18.8% |
| Other amounts receivable | 41 | €1,694 | €39 | -€1,655 | -97.7% |
| Cash at bank and in hand | 54/58 | €810,907 | €346,413 | -€464,494 | -57.3% |
| Deferred charges and accrued income | 490/1 | €134,075 | €176,401 | +€42,327 | +31.6% |
| Total equity and liabilities | 10/49 | €5,048,326 | €5,179,319 | +€130,993 | +2.6% |
| Equity | 10/15 | €9,355 | €9,355 | = | 0.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €461,469 | €397,829 | -€63,640 | -13.8% |
| Provisions for liabilities and charges | 160/5 | €461,469 | €397,829 | -€63,640 | -13.8% |
| Other liabilities and charges | 164/5 | €461,469 | €397,829 | -€63,640 | -13.8% |
| Amounts payable | 17/49 | €4,577,502 | €4,772,135 | +€194,633 | +4.3% |
| Amounts payable after more than one year | 17 | €77,365 | €132,014 | +€54,649 | +70.6% |
| Financial debts | 170/4 | €77,365 | €132,014 | +€54,649 | +70.6% |
| Amounts payable within one year | 42/48 | €2,978,693 | €2,713,600 | -€265,093 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €95,814 | €88,377 | -€7,437 | -7.8% |
| Financial debts | 43 | €46,033 | €45,569 | -€465 | -1.0% |
| Credit institutions | 430/8 | €46,033 | €45,569 | -€465 | -1.0% |
| Trade debts | 44 | €1,310,258 | €1,018,409 | -€291,849 | -22.3% |
| Suppliers | 440/4 | €1,310,258 | €1,018,409 | -€291,849 | -22.3% |
| Advances received on contracts in progress | 46 | €51,380 | €33,190 | -€18,190 | -35.4% |
| Taxes, remuneration and social security | 45 | €253,894 | €317,147 | +€63,253 | +24.9% |
| Taxes | 450/3 | €177,809 | €250,984 | +€73,175 | +41.2% |
| Remuneration and social security | 454/9 | €76,085 | €66,163 | -€9,922 | -13.0% |
| Other amounts payable | 47/48 | €1,221,314 | €1,210,909 | -€10,405 | -0.9% |
| Accrued charges and deferred income | 492/3 | €1,521,444 | €1,926,521 | +€405,077 | +26.6% |
| Non-recurring operating income | 76A | - | €8,046 | +€8,046 | |
| Remuneration, social security and pensions | 62 | €580,417 | €643,553 | +€63,135 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210,330 | €157,796 | -€52,534 | -25.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,775 | €8,956 | +€3,181 | +55.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €70,730 | -€63,640 | -€134,370 | |
| Other operating charges | 640/8 | €31,065 | €29,882 | -€1,183 | -3.8% |
| Gross operating margin | 9900 | €2,180,808 | €2,062,654 | -€118,154 | -5.4% |
| Operating profit (loss) | 9901 | €1,282,492 | €1,286,109 | +€3,617 | +0.3% |
| Financial income | 75/76B | €22,780 | €860 | -€21,920 | -96.2% |
| Recurring financial income | 75 | €22,780 | €860 | -€21,920 | -96.2% |
| Financial charges | 65/66B | €20,625 | €23,357 | +€2,732 | +13.2% |
| Recurring financial charges | 65 | €20,625 | €23,357 | +€2,732 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €1,284,647 | €1,263,612 | -€21,035 | -1.6% |
| Income taxes | 67/77 | €133,333 | €177,313 | +€43,979 | +33.0% |
| Profit (loss) for the period | 9904 | €1,151,314 | €1,086,299 | -€65,014 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,151,314 | €1,086,299 | -€65,014 | -5.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.