LAURONA: 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.
LAURONA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year +€19,279
up €19,279 (+6.1%), from €314,316 to €333,595
of which Other amounts payable: +€66,300
- Profit (loss) carried forward -€17,434
down €17,434 (-19.7%), from -€88,605 to -€106,039
- Financial charges +€4,418
up €4,418 (+57.5%), from €7,688 to €12,107
- Gross operating margin +€1,741
up €1,741 (+30.9%), from -€5,627 to -€3,887
- Other operating charges +€1,054
up €1,054 (+272%), from €387 to €1,441
- Depreciation -€329
no longer reported in 2025 (was €329)
- Financial income -€72
no longer reported in 2025 (was €72)
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 | €478,104 | €479,807 | +€1,703 | +0.4% |
| Formation expenses | 20 | €1,364 | €1,364 | = | 0.0% |
| Fixed assets | 21/28 | €475,089 | €475,089 | = | 0.0% |
| Tangible fixed assets | 22/27 | €89 | €89 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €89 | €89 | = | 0.0% |
| Financial fixed assets | 28 | €475,000 | €475,000 | = | 0.0% |
| Current assets | 29/58 | €1,651 | €3,354 | +€1,703 | +103% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,531 | €2,099 | +€569 | +37.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,531 | €2,099 | +€569 | +37.2% |
| Cash at bank and in hand | 54/58 | €120 | €1,255 | +€1,135 | +943% |
| Total equity and liabilities | 10/49 | €478,104 | €479,807 | +€1,703 | +0.4% |
| Equity | 10/15 | €29,995 | €12,561 | -€17,434 | -58.1% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €118,600 | +€118,600 | |
| Other | 1109/19 | - | €118,600 | +€118,600 | |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€88,605 | -€106,039 | -€17,434 | -19.7% |
| Amounts payable | 17/49 | €448,109 | €467,247 | +€19,138 | +4.3% |
| Amounts payable after more than one year | 17 | €314,316 | €333,595 | +€19,279 | +6.1% |
| Financial debts | 170/4 | €282,814 | €235,793 | -€47,021 | -16.6% |
| Other amounts payable | 178/9 | €31,502 | €97,802 | +€66,300 | +210% |
| Amounts payable within one year | 42/48 | €133,793 | €133,652 | -€142 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €45,225 | €47,021 | +€1,796 | +4.0% |
| Trade debts | 44 | €4,308 | €5,471 | +€1,163 | +27.0% |
| Suppliers | 440/4 | €4,308 | €5,471 | +€1,163 | +27.0% |
| Other amounts payable | 47/48 | €84,260 | €81,160 | -€3,100 | -3.7% |
| Non-recurring operating income | 76A | €4,365 | - | -€4,365 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €329 | - | -€329 | |
| Other operating charges | 640/8 | €387 | €1,441 | +€1,054 | +272% |
| Non-recurring operating charges | 66A | €3,051 | - | -€3,051 | |
| Gross operating margin | 9900 | -€5,627 | -€3,887 | +€1,741 | +30.9% |
| Operating profit (loss) | 9901 | -€9,394 | -€5,328 | +€4,066 | +43.3% |
| Financial income | 75/76B | €72 | - | -€72 | |
| Recurring financial income | 75 | €72 | - | -€72 | |
| Financial charges | 65/66B | €7,688 | €12,107 | +€4,418 | +57.5% |
| Recurring financial charges | 65 | €7,688 | €12,107 | +€4,418 | +57.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,010 | -€17,434 | -€424 | -2.5% |
| Profit (loss) for the period | 9904 | -€17,010 | -€17,434 | -€424 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,010 | -€17,434 | -€424 | -2.5% |
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 23 October 2026 via checked.be.