LAURUS: 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.
LAURUS
Largest movements
- Receivables within one year +€17,008
up €17,008 (+137.7%), from €12,353 to €29,361
of which Trade receivables: +€17,689
- Tangible fixed assets -€16,789
down €16,789 (-7.8%), from €215,899 to €199,110
- Cash +€3,675
up €3,675 (+10.2%), from €35,965 to €39,640
mainly Depreciation (+€20,359) and Trade debts (+€9,978)
- Trade debts +€9,978
up €9,978 (+22.7%), from €43,912 to €53,891
- Other debts -€6,340
down €6,340 (-9.8%), from €64,922 to €58,582
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Debts after one year -€6,053
down €6,053 (-5.1%), from €118,285 to €112,231
- Gross operating margin -€6,667
down €6,667 (-16.7%), from €39,899 to €33,232
- Depreciation -€4,943
down €4,943 (-19.5%), from €25,302 to €20,359
- Financial income -€1,093
down €1,093 (-85.0%), from €1,286 to €193
- Other operating charges +€686
up €686 (+17.2%), from €4,001 to €4,687
- Taxes -€400
down €400 (-27.0%), from €1,484 to €1,084
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 | €267,167 | €272,231 | +€5,064 | +1.9% |
| Fixed assets | 21/28 | €216,973 | €200,044 | -€16,929 | -7.8% |
| Tangible fixed assets | 22/27 | €215,899 | €199,110 | -€16,789 | -7.8% |
| Land and buildings | 22 | €171,644 | €166,246 | -€5,398 | -3.1% |
| Plant, machinery and equipment | 23 | €14,192 | €8,672 | -€5,520 | -38.9% |
| Furniture and vehicles | 24 | €17,289 | €13,486 | -€3,803 | -22.0% |
| Leasing and similar rights | 25 | €3,080 | €2,042 | -€1,038 | -33.7% |
| Other tangible fixed assets | 26 | €9,694 | €8,665 | -€1,030 | -10.6% |
| Financial fixed assets | 28 | €1,074 | €934 | -€140 | -13.0% |
| Current assets | 29/58 | €50,194 | €72,187 | +€21,993 | +43.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €12,353 | €29,361 | +€17,008 | +137.7% |
| Trade receivables | 40 | €5,053 | €22,742 | +€17,689 | +350.1% |
| Other amounts receivable | 41 | €7,300 | €6,619 | -€681 | -9.3% |
| Cash at bank and in hand | 54/58 | €35,965 | €39,640 | +€3,675 | +10.2% |
| Deferred charges and accrued income | 490/1 | €1,876 | €3,186 | +€1,310 | +69.8% |
| Total equity and liabilities | 10/49 | €267,167 | €272,231 | +€5,064 | +1.9% |
| Equity | 10/15 | €31,536 | €39,152 | +€7,615 | +24.1% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €18,585 | €20,000 | +€1,415 | +7.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €18,585 | €20,000 | +€1,415 | +7.6% |
| Profit (loss) carried forward | 14 | €551 | €551 | = | 0.0% |
| Amounts payable | 17/49 | €235,631 | €233,080 | -€2,551 | -1.1% |
| Amounts payable after more than one year | 17 | €118,285 | €112,231 | -€6,053 | -5.1% |
| Financial debts | 170/4 | €118,285 | €112,231 | -€6,053 | -5.1% |
| Amounts payable within one year | 42/48 | €117,346 | €120,849 | +€3,502 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €7,066 | €7,350 | +€284 | +4.0% |
| Trade debts | 44 | €43,912 | €53,891 | +€9,978 | +22.7% |
| Suppliers | 440/4 | €43,912 | €53,891 | +€9,978 | +22.7% |
| Taxes, remuneration and social security | 45 | €1,446 | €1,026 | -€420 | -29.0% |
| Taxes | 450/3 | €1,446 | €1,026 | -€420 | -29.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €64,922 | €58,582 | -€6,340 | -9.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,302 | €20,359 | -€4,943 | -19.5% |
| Other operating charges | 640/8 | €4,001 | €4,687 | +€686 | +17.2% |
| Gross operating margin | 9900 | €39,899 | €33,232 | -€6,667 | -16.7% |
| Operating profit (loss) | 9901 | €10,596 | €8,186 | -€2,410 | -22.7% |
| Financial income | 75/76B | €1,286 | €193 | -€1,093 | -85.0% |
| Recurring financial income | 75 | €1,286 | €193 | -€1,093 | -85.0% |
| Financial charges | 65/66B | €6,179 | €5,880 | -€299 | -4.8% |
| Recurring financial charges | 65 | €6,179 | €5,880 | -€299 | -4.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €5,703 | €2,499 | -€3,205 | -56.2% |
| Income taxes | 67/77 | €1,484 | €1,084 | -€400 | -27.0% |
| Profit (loss) for the period | 9904 | €4,219 | €1,415 | -€2,804 | -66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,219 | €1,415 | -€2,804 | -66.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.