LAURRIS: 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.
LAURRIS
Largest movements
- Tangible fixed assets -€68,473
down €68,473 (-26.5%), from €257,959 to €189,487
of which Land and buildings: -€46,000
- Intangible fixed assets -€61,111
down €61,111 (-13.3%), from €458,082 to €396,971
- Cash +€47,693
up €47,693 (+19.3%), from €246,957 to €294,650
mainly Depreciation (+€137,261) and Net result for the year (+€30,650)
- Debts after one year -€118,307
down €118,307 (-18.5%), from €638,684 to €520,377
- Reserves +€30,650
up €30,650 (+32.5%), from €94,351 to €125,002
- Trade debts +€27,748
up €27,748 (+71.3%), from €38,929 to €66,677
- Tax, wage and social debts -€15,626
down €15,626 (-24.7%), from €63,366 to €47,740
of which Taxes: -€14,673
- Gross operating margin -€67,693
down €67,693 (-9.7%), from €701,287 to €633,594
- Staff costs -€14,856
down €14,856 (-3.4%), from €436,523 to €421,666
- Taxes -€11,091
down €11,091 (-50.6%), from €21,908 to €10,817
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 | €992,577 | €913,055 | -€79,522 | -8.0% |
| Fixed assets | 21/28 | €716,042 | €586,458 | -€129,584 | -18.1% |
| Intangible fixed assets | 21 | €458,082 | €396,971 | -€61,111 | -13.3% |
| Tangible fixed assets | 22/27 | €257,959 | €189,487 | -€68,473 | -26.5% |
| Land and buildings | 22 | €160,811 | €114,811 | -€46,000 | -28.6% |
| Plant, machinery and equipment | 23 | €43,841 | €32,821 | -€11,020 | -25.1% |
| Furniture and vehicles | 24 | €53,307 | €41,855 | -€11,452 | -21.5% |
| Current assets | 29/58 | €276,535 | €326,597 | +€50,061 | +18.1% |
| Stocks and contracts in progress | 3 | €27,964 | €30,194 | +€2,230 | +8.0% |
| Stocks | 30/36 | €27,964 | €30,194 | +€2,230 | +8.0% |
| Amounts receivable within one year | 40/41 | €88 | €273 | +€185 | +210.6% |
| Trade receivables | 40 | €88 | €273 | +€185 | +210.6% |
| Cash at bank and in hand | 54/58 | €246,957 | €294,650 | +€47,693 | +19.3% |
| Deferred charges and accrued income | 490/1 | €1,526 | €1,479 | -€47 | -3.1% |
| Total equity and liabilities | 10/49 | €992,577 | €913,055 | -€79,522 | -8.0% |
| Equity | 10/15 | €114,351 | €145,002 | +€30,650 | +26.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €94,351 | €125,002 | +€30,650 | +32.5% |
| Distributable reserves | 133 | €94,351 | €125,002 | +€30,650 | +32.5% |
| Amounts payable | 17/49 | €878,226 | €768,053 | -€110,173 | -12.5% |
| Amounts payable after more than one year | 17 | €638,684 | €520,377 | -€118,307 | -18.5% |
| Financial debts | 170/4 | €638,684 | €520,377 | -€118,307 | -18.5% |
| Amounts payable within one year | 42/48 | €218,051 | €232,723 | +€14,672 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €115,757 | €118,307 | +€2,551 | +2.2% |
| Trade debts | 44 | €38,929 | €66,677 | +€27,748 | +71.3% |
| Suppliers | 440/4 | €38,929 | €66,677 | +€27,748 | +71.3% |
| Taxes, remuneration and social security | 45 | €63,366 | €47,740 | -€15,626 | -24.7% |
| Taxes | 450/3 | €49,130 | €34,457 | -€14,673 | -29.9% |
| Remuneration and social security | 454/9 | €14,235 | €13,282 | -€953 | -6.7% |
| Accrued charges and deferred income | 492/3 | €21,490 | €14,952 | -€6,538 | -30.4% |
| Remuneration, social security and pensions | 62 | €436,523 | €421,666 | -€14,856 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,536 | €137,261 | +€2,725 | +2.0% |
| Other operating charges | 640/8 | €5,051 | €7,283 | +€2,232 | +44.2% |
| Gross operating margin | 9900 | €701,287 | €633,594 | -€67,693 | -9.7% |
| Operating profit (loss) | 9901 | €125,178 | €67,384 | -€57,794 | -46.2% |
| Financial income | 75/76B | €1 | €1 | +€0 | +13.2% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +13.2% |
| Financial charges | 65/66B | €31,351 | €25,917 | -€5,434 | -17.3% |
| Recurring financial charges | 65 | €31,351 | €25,917 | -€5,434 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €93,827 | €41,467 | -€52,360 | -55.8% |
| Income taxes | 67/77 | €21,908 | €10,817 | -€11,091 | -50.6% |
| Profit (loss) for the period | 9904 | €71,919 | €30,650 | -€41,269 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €71,919 | €30,650 | -€41,269 | -57.4% |
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 2 October 2026 via checked.be.