LAURO MENUISERIE: 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.
LAURO MENUISERIE
Largest movements
- Receivables within one year -€39,648
down €39,648 (-39.5%), from €100,447 to €60,799
of which Trade receivables: -€32,811
- Cash -€17,319
down €17,319 (-13.4%), from €129,544 to €112,225
mainly Net result for the year (-€61,392) and Other debts (-€10,000)
- Stocks and contracts +€2,818
up €2,818 (+220%), from €1,284 to €4,102
- Reserves -€61,392
down €61,392 (-31.7%), from €193,622 to €132,230
of which Distributable reserves: -€61,392
- Trade debts +€18,866
up €18,866 (+111%), from €17,065 to €35,931
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Tax, wage and social debts -€3,406
down €3,406 (-74.5%), from €4,569 to €1,163
- Gross operating margin -€32,913
down €32,913 (-840%), from -€3,916 to -€36,829
- Write-downs +€5,453
new in 2025: €5,453
- Staff costs -€787
down €787 (-77.8%), from €1,011 to €224
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 | €245,256 | €189,324 | -€55,932 | -22.8% |
| Fixed assets | 21/28 | €4,285 | €4,285 | = | 0.0% |
| Financial fixed assets | 28 | €4,285 | €4,285 | = | 0.0% |
| Current assets | 29/58 | €240,971 | €185,039 | -€55,932 | -23.2% |
| Stocks and contracts in progress | 3 | €1,284 | €4,102 | +€2,818 | +220% |
| Stocks | 30/36 | €1,284 | €4,102 | +€2,818 | +220% |
| Amounts receivable within one year | 40/41 | €100,447 | €60,799 | -€39,648 | -39.5% |
| Trade receivables | 40 | €66,858 | €34,047 | -€32,811 | -49.1% |
| Other amounts receivable | 41 | €33,589 | €26,753 | -€6,836 | -20.4% |
| Current investments | 50/53 | €5,007 | €5,007 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €129,544 | €112,225 | -€17,319 | -13.4% |
| Deferred charges and accrued income | 490/1 | €4,690 | €2,906 | -€1,784 | -38.0% |
| Total equity and liabilities | 10/49 | €245,256 | €189,324 | -€55,932 | -22.8% |
| Equity | 10/15 | €213,622 | €152,230 | -€61,392 | -28.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €193,622 | €132,230 | -€61,392 | -31.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €191,622 | €130,230 | -€61,392 | -32.0% |
| Amounts payable | 17/49 | €31,634 | €37,094 | +€5,460 | +17.3% |
| Amounts payable within one year | 42/48 | €31,634 | €37,094 | +€5,460 | +17.3% |
| Trade debts | 44 | €17,065 | €35,931 | +€18,866 | +111% |
| Suppliers | 440/4 | €17,065 | €35,931 | +€18,866 | +111% |
| Taxes, remuneration and social security | 45 | €4,569 | €1,163 | -€3,406 | -74.5% |
| Remuneration and social security | 454/9 | €4,569 | €1,163 | -€3,406 | -74.5% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Non-recurring operating income | 76A | €6,500 | - | -€6,500 | |
| Remuneration, social security and pensions | 62 | €1,011 | €224 | -€787 | -77.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,453 | +€5,453 | |
| Other operating charges | 640/8 | €1,119 | €1,240 | +€121 | +10.8% |
| Non-recurring operating charges | 66A | - | €16,814 | +€16,814 | |
| Gross operating margin | 9900 | -€3,916 | -€36,829 | -€32,913 | -840% |
| Operating profit (loss) | 9901 | -€6,046 | -€60,560 | -€54,514 | -902% |
| Financial income | 75/76B | €283 | €192 | -€91 | -32.0% |
| Recurring financial income | 75 | €283 | €192 | -€91 | -32.0% |
| Financial charges | 65/66B | €1,060 | €1,027 | -€33 | -3.2% |
| Recurring financial charges | 65 | €1,060 | €1,027 | -€33 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,823 | -€61,395 | -€54,571 | -800% |
| Income taxes | 67/77 | €3 | -€3 | -€5 | |
| Profit (loss) for the period | 9904 | -€6,826 | -€61,392 | -€54,566 | -799% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,826 | -€61,392 | -€54,566 | -799% |
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 26 October 2026 via checked.be.