LAUROSE: 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.
LAUROSE
Largest movements
- Cash +€47,354
up €47,354 (+80.8%), from €58,601 to €105,956
mainly Net result for the year (+€62,603) and Current portion of long-term debt (+€11,714)
- Deferred charges and accrued income +€11,696
up €11,696 (+28.1%), from €41,667 to €53,363
- Reserves +€62,603
up €62,603 (+82.0%), from €76,379 to €138,982
- Tax, wage and social debts -€14,685
down €14,685 (-75.2%), from €19,516 to €4,831
- Current portion of long-term debt +€11,714
new in 2025: €11,714
- Gross operating margin -€17,977
down €17,977 (-16.9%), from €106,657 to €88,680
- Taxes -€4,685
down €4,685 (-15.9%), from €29,516 to €24,831
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 | €100,268 | €160,196 | +€59,928 | +59.8% |
| Fixed assets | 21/28 | - | €877 | +€877 | |
| Tangible fixed assets | 22/27 | - | €877 | +€877 | |
| Furniture and vehicles | 24 | - | €877 | +€877 | |
| Current assets | 29/58 | €100,268 | €159,319 | +€59,050 | +58.9% |
| Cash at bank and in hand | 54/58 | €58,601 | €105,956 | +€47,354 | +80.8% |
| Deferred charges and accrued income | 490/1 | €41,667 | €53,363 | +€11,696 | +28.1% |
| Total equity and liabilities | 10/49 | €100,268 | €160,196 | +€59,928 | +59.8% |
| Equity | 10/15 | €79,379 | €141,982 | +€62,603 | +78.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €76,379 | €138,982 | +€62,603 | +82.0% |
| Distributable reserves | 133 | €76,379 | €138,982 | +€62,603 | +82.0% |
| Amounts payable | 17/49 | €20,889 | €18,214 | -€2,675 | -12.8% |
| Amounts payable within one year | 42/48 | €20,639 | €17,964 | -€2,675 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | - | €11,714 | +€11,714 | |
| Trade debts | 44 | €731 | €551 | -€181 | -24.7% |
| Suppliers | 440/4 | €731 | €551 | -€181 | -24.7% |
| Taxes, remuneration and social security | 45 | €19,516 | €4,831 | -€14,685 | -75.2% |
| Taxes | 450/3 | €19,516 | €4,831 | -€14,685 | -75.2% |
| Other amounts payable | 47/48 | €392 | €868 | +€476 | +122% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €410 | +€410 | |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100% |
| Gross operating margin | 9900 | €106,657 | €88,680 | -€17,977 | -16.9% |
| Operating profit (loss) | 9901 | €106,607 | €88,270 | -€18,338 | -17.2% |
| Financial income | 75/76B | - | €317 | +€317 | |
| Recurring financial income | 75 | - | €317 | +€317 | |
| Financial charges | 65/66B | €712 | €1,153 | +€441 | +61.9% |
| Recurring financial charges | 65 | €712 | €1,153 | +€441 | +61.9% |
| Profit (loss) for the period before taxes | 9903 | €105,895 | €87,434 | -€18,461 | -17.4% |
| Income taxes | 67/77 | €29,516 | €24,831 | -€4,685 | -15.9% |
| Profit (loss) for the period | 9904 | €76,379 | €62,603 | -€13,777 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,379 | €62,603 | -€13,777 | -18.0% |
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 15 October 2026 via checked.be.