LAURUS M&C: 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 M&C
Largest movements
- Cash +€56,236
up €56,236 (+103.4%), from €54,365 to €110,601
mainly Net result for the year (+€60,947) and Other debts (+€25,650)
- Receivables within one year +€11,563
up €11,563 (+32.5%), from €35,533 to €47,097
of which Other amounts receivable: +€8,431
- Tangible fixed assets -€7,467
down €7,467 (-35.5%), from €21,056 to €13,590
- Reserves +€33,947
up €33,947 (+10.8%), from €313,112 to €347,058
- Other debts +€25,650
up €25,650, from €0 to €25,650
- Gross operating margin -€21,086
down €21,086 (-18.1%), from €116,303 to €95,217
- Taxes -€8,045
down €8,045 (-25.0%), from €32,238 to €24,193
- Depreciation +€3,357
up €3,357 (+81.7%), from €4,110 to €7,467
- Financial income -€1,943
no longer reported in 2025 (was €1,943)
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 | €358,536 | €420,004 | +€61,468 | +17.1% |
| Fixed assets | 21/28 | €21,056 | €13,590 | -€7,467 | -35.5% |
| Tangible fixed assets | 22/27 | €21,056 | €13,590 | -€7,467 | -35.5% |
| Furniture and vehicles | 24 | €21,056 | €13,590 | -€7,467 | -35.5% |
| Current assets | 29/58 | €337,479 | €406,414 | +€68,935 | +20.4% |
| Amounts receivable within one year | 40/41 | €35,533 | €47,097 | +€11,563 | +32.5% |
| Trade receivables | 40 | €33,415 | €36,548 | +€3,133 | +9.4% |
| Other amounts receivable | 41 | €2,118 | €10,549 | +€8,431 | +398.0% |
| Current investments | 50/53 | €245,672 | €245,672 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,365 | €110,601 | +€56,236 | +103.4% |
| Deferred charges and accrued income | 490/1 | €1,908 | €3,043 | +€1,135 | +59.5% |
| Total equity and liabilities | 10/49 | €358,536 | €420,004 | +€61,468 | +17.1% |
| Equity | 10/15 | €329,615 | €363,562 | +€33,947 | +10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €313,112 | €347,058 | +€33,947 | +10.8% |
| Distributable reserves | 133 | €313,112 | €347,058 | +€33,947 | +10.8% |
| Profit (loss) carried forward | 14 | €10,304 | €10,304 | = | 0.0% |
| Amounts payable | 17/49 | €28,920 | €56,441 | +€27,521 | +95.2% |
| Amounts payable within one year | 42/48 | €28,920 | €56,441 | +€27,521 | +95.2% |
| Trade debts | 44 | €0 | €2,743 | +€2,743 | |
| Suppliers | 440/4 | €0 | €2,743 | +€2,743 | |
| Taxes, remuneration and social security | 45 | €28,920 | €28,049 | -€872 | -3.0% |
| Taxes | 450/3 | €28,920 | €28,049 | -€872 | -3.0% |
| Other amounts payable | 47/48 | €0 | €25,650 | +€25,650 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,110 | €7,467 | +€3,357 | +81.7% |
| Other operating charges | 640/8 | €520 | €1,510 | +€990 | +190.4% |
| Gross operating margin | 9900 | €116,303 | €95,217 | -€21,086 | -18.1% |
| Operating profit (loss) | 9901 | €111,673 | €86,240 | -€25,433 | -22.8% |
| Financial income | 75/76B | €1,943 | - | -€1,943 | |
| Recurring financial income | 75 | €1,943 | - | -€1,943 | |
| Financial charges | 65/66B | -€51 | €1,100 | +€1,151 | |
| Recurring financial charges | 65 | -€51 | €1,100 | +€1,151 | |
| Profit (loss) for the period before taxes | 9903 | €113,667 | €85,140 | -€28,527 | -25.1% |
| Income taxes | 67/77 | €32,238 | €24,193 | -€8,045 | -25.0% |
| Profit (loss) for the period | 9904 | €81,428 | €60,947 | -€20,482 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €81,428 | €60,947 | -€20,482 | -25.2% |
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 1 October 2026 via checked.be.