LAUWENS: 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.
LAUWENS
Largest movements
- Cash -€35,297
down €35,297 (-9.4%), from €373,679 to €338,382
mainly Investment in fixed assets (net) (-€38,958) and Trade debts (-€22,000)
- Tangible fixed assets +€33,663
up €33,663 (+1,212%), from €2,778 to €36,441
of which Furniture and vehicles: +€27,948
- Profit (loss) carried forward +€39,640
up €39,640 (+13.1%), from €301,770 to €341,410
- Trade debts -€22,000
no longer reported in 2025 (was €22,000)
- Other debts -€16,905
down €16,905 (-34.7%), from €48,738 to €31,833
- Taxes -€6,196
no longer reported in 2025 (was €6,196)
- Gross operating margin -€2,970
down €2,970 (-6.4%), from €46,756 to €43,786
- Depreciation +€1,976
up €1,976 (+59.5%), from €3,319 to €5,295
- Other operating charges +€826
up €826 (+558%), from €148 to €974
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 | €389,696 | €388,919 | -€777 | -0.2% |
| Fixed assets | 21/28 | €2,778 | €36,441 | +€33,663 | +1,212% |
| Tangible fixed assets | 22/27 | €2,778 | €36,441 | +€33,663 | +1,212% |
| Plant, machinery and equipment | 23 | €1,063 | €6,778 | +€5,715 | +538% |
| Furniture and vehicles | 24 | €1,715 | €29,663 | +€27,948 | +1,630% |
| Current assets | 29/58 | €386,918 | €352,478 | -€34,440 | -8.9% |
| Amounts receivable within one year | 40/41 | €13,239 | €14,096 | +€857 | +6.5% |
| Trade receivables | 40 | €13,239 | €14,096 | +€857 | +6.5% |
| Cash at bank and in hand | 54/58 | €373,679 | €338,382 | -€35,297 | -9.4% |
| Total equity and liabilities | 10/49 | €389,696 | €388,919 | -€777 | -0.2% |
| Equity | 10/15 | €317,264 | €356,904 | +€39,640 | +12.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,094 | €3,094 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,094 | €3,094 | = | 0.0% |
| Legal reserve | 130 | €3,094 | €3,094 | = | 0.0% |
| Profit (loss) carried forward | 14 | €301,770 | €341,410 | +€39,640 | +13.1% |
| Amounts payable | 17/49 | €72,432 | €32,015 | -€40,417 | -55.8% |
| Amounts payable within one year | 42/48 | €72,432 | €32,015 | -€40,417 | -55.8% |
| Trade debts | 44 | €22,000 | - | -€22,000 | |
| Suppliers | 440/4 | €22,000 | - | -€22,000 | |
| Taxes, remuneration and social security | 45 | €1,694 | €182 | -€1,512 | -89.3% |
| Taxes | 450/3 | €1,694 | €182 | -€1,512 | -89.3% |
| Other amounts payable | 47/48 | €48,738 | €31,833 | -€16,905 | -34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,319 | €5,295 | +€1,976 | +59.5% |
| Other operating charges | 640/8 | €148 | €974 | +€826 | +558% |
| Gross operating margin | 9900 | €46,756 | €43,786 | -€2,970 | -6.4% |
| Operating profit (loss) | 9901 | €43,289 | €37,517 | -€5,772 | -13.3% |
| Financial income | 75/76B | €1,938 | €2,212 | +€274 | +14.1% |
| Recurring financial income | 75 | €1,938 | €2,212 | +€274 | +14.1% |
| Financial charges | 65/66B | €70 | €89 | +€19 | +27.1% |
| Recurring financial charges | 65 | €70 | €89 | +€19 | +27.1% |
| Non-recurring financial charges | 66B | €70 | €89 | +€19 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €45,157 | €39,640 | -€5,517 | -12.2% |
| Income taxes | 67/77 | €6,196 | - | -€6,196 | |
| Profit (loss) for the period | 9904 | €38,961 | €39,640 | +€679 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,961 | €39,640 | +€679 | +1.7% |
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 19 October 2026 via checked.be.