LAURO PROJECTS: 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.
LAURO PROJECTS
Largest movements
- Tangible fixed assets +€15,721
up €15,721 (+1974.7%), from €796 to €16,517
of which Furniture and vehicles: +€15,986
- Intangible fixed assets -€1,788
down €1,788 (-23.1%), from €7,733 to €5,945
- Receivables within one year -€1,193
down €1,193 (-7.6%), from €15,733 to €14,541
of which Other amounts receivable: -€1,636
- Deferred charges and accrued income -€1,074
down €1,074 (-22.4%), from €4,788 to €3,715
- Other debts +€13,901
up €13,901 (+28.0%), from €49,687 to €63,589
- Tax, wage and social debts -€2,181
down €2,181 (-69.0%), from €3,158 to €978
- Gross operating margin +€16,779
up €16,779 (+26.8%), from €62,701 to €79,480
- Taxes +€3,868
up €3,868 (+25.6%), from €15,118 to €18,986
- Depreciation +€2,294
up €2,294 (+188.6%), from €1,216 to €3,510
- Other operating charges -€1,162
down €1,162 (-55.8%), from €2,081 to €919
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 | €57,807 | €69,994 | +€12,187 | +21.1% |
| Fixed assets | 21/28 | €8,529 | €22,462 | +€13,933 | +163.4% |
| Intangible fixed assets | 21 | €7,733 | €5,945 | -€1,788 | -23.1% |
| Tangible fixed assets | 22/27 | €796 | €16,517 | +€15,721 | +1974.7% |
| Furniture and vehicles | 24 | €470 | €16,456 | +€15,986 | +3399.1% |
| Other tangible fixed assets | 26 | €326 | €60 | -€265 | -81.5% |
| Current assets | 29/58 | €49,278 | €47,533 | -€1,745 | -3.5% |
| Amounts receivable within one year | 40/41 | €15,733 | €14,541 | -€1,193 | -7.6% |
| Trade receivables | 40 | €12,736 | €13,180 | +€444 | +3.5% |
| Other amounts receivable | 41 | €2,997 | €1,361 | -€1,636 | -54.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €28,756 | €29,277 | +€521 | +1.8% |
| Deferred charges and accrued income | 490/1 | €4,788 | €3,715 | -€1,074 | -22.4% |
| Total equity and liabilities | 10/49 | €57,807 | €69,994 | +€12,187 | +21.1% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,307 | €67,494 | +€12,187 | +22.0% |
| Amounts payable within one year | 42/48 | €55,307 | €67,494 | +€12,187 | +22.0% |
| Financial debts | 43 | €10 | €0 | -€10 | -100.0% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €10 | €0 | -€10 | -100.0% |
| Trade debts | 44 | €2,451 | €2,928 | +€477 | +19.5% |
| Suppliers | 440/4 | €2,451 | €2,928 | +€477 | +19.5% |
| Taxes, remuneration and social security | 45 | €3,158 | €978 | -€2,181 | -69.0% |
| Taxes | 450/3 | €3,158 | €978 | -€2,181 | -69.0% |
| Other amounts payable | 47/48 | €49,687 | €63,589 | +€13,901 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,216 | €3,510 | +€2,294 | +188.6% |
| Other operating charges | 640/8 | €2,081 | €919 | -€1,162 | -55.8% |
| Gross operating margin | 9900 | €62,701 | €79,480 | +€16,779 | +26.8% |
| Operating profit (loss) | 9901 | €59,404 | €75,051 | +€15,647 | +26.3% |
| Financial income | 75/76B | €6 | €1 | -€5 | -85.9% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -85.9% |
| Financial charges | 65/66B | €863 | €414 | -€449 | -52.0% |
| Recurring financial charges | 65 | €863 | €414 | -€449 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €58,548 | €74,637 | +€16,090 | +27.5% |
| Income taxes | 67/77 | €15,118 | €18,986 | +€3,868 | +25.6% |
| Profit (loss) for the period | 9904 | €43,430 | €55,651 | +€12,222 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,430 | €55,651 | +€12,222 | +28.1% |
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 29 September 2026 via checked.be.