LAWRENCE EXPORT: 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.
LAWRENCE EXPORT
Largest movements
- Receivables within one year -€40,626
down €40,626 (-20.0%), from €203,364 to €162,738
of which Trade receivables: -€39,112
- Stocks and contracts -€32,500
down €32,500 (-71.5%), from €45,480 to €12,980
- Cash +€7,038
up €7,038 (+426.2%), from €1,651 to €8,689
mainly Receivables within one year (+€40,626) and Stocks and contracts (+€32,500)
- Tangible fixed assets +€5,900
new in 2025: €5,900
- Trade debts -€76,377
down €76,377 (-45.7%), from €167,042 to €90,666
- Profit (loss) carried forward +€15,050
up €15,050 (+40.3%), from €37,349 to €52,399
- Staff costs +€11,479
up €11,479 (+25.1%), from €45,752 to €57,231
- Taxes -€9,987
down €9,987, from €969 to -€9,018
- Gross operating margin +€8,568
up €8,568 (+15.5%), from €55,400 to €63,968
- Other operating charges -€5,153
down €5,153 (-92.8%), from €5,553 to €400
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 | €250,495 | €190,307 | -€60,188 | -24.0% |
| Fixed assets | 21/28 | - | €5,900 | +€5,900 | |
| Tangible fixed assets | 22/27 | - | €5,900 | +€5,900 | |
| Plant, machinery and equipment | 23 | - | €5,900 | +€5,900 | |
| Current assets | 29/58 | €250,495 | €184,407 | -€66,088 | -26.4% |
| Stocks and contracts in progress | 3 | €45,480 | €12,980 | -€32,500 | -71.5% |
| Stocks | 30/36 | €45,480 | €12,980 | -€32,500 | -71.5% |
| Amounts receivable within one year | 40/41 | €203,364 | €162,738 | -€40,626 | -20.0% |
| Trade receivables | 40 | €175,699 | €136,587 | -€39,112 | -22.3% |
| Other amounts receivable | 41 | €27,665 | €26,151 | -€1,514 | -5.5% |
| Cash at bank and in hand | 54/58 | €1,651 | €8,689 | +€7,038 | +426.2% |
| Total equity and liabilities | 10/49 | €250,495 | €190,307 | -€60,188 | -24.0% |
| Equity | 10/15 | €59,909 | €74,959 | +€15,050 | +25.1% |
| Contributions | 10/11 | €20,700 | €20,700 | = | 0.0% |
| Contributions outside capital | 11 | €20,700 | €20,700 | = | 0.0% |
| Other | 1109/19 | €20,700 | €20,700 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,349 | €52,399 | +€15,050 | +40.3% |
| Amounts payable | 17/49 | €190,587 | €115,348 | -€75,238 | -39.5% |
| Amounts payable within one year | 42/48 | €190,587 | €115,348 | -€75,238 | -39.5% |
| Trade debts | 44 | €167,042 | €90,666 | -€76,377 | -45.7% |
| Suppliers | 440/4 | €167,042 | €90,666 | -€76,377 | -45.7% |
| Taxes, remuneration and social security | 45 | €4,372 | €5,620 | +€1,248 | +28.5% |
| Taxes | 450/3 | €969 | €1,427 | +€458 | +47.2% |
| Remuneration and social security | 454/9 | €3,403 | €4,194 | +€790 | +23.2% |
| Other amounts payable | 47/48 | €19,172 | €19,062 | -€110 | -0.6% |
| Remuneration, social security and pensions | 62 | €45,752 | €57,231 | +€11,479 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €100 | +€100 | |
| Other operating charges | 640/8 | €5,553 | €400 | -€5,153 | -92.8% |
| Gross operating margin | 9900 | €55,400 | €63,968 | +€8,568 | +15.5% |
| Operating profit (loss) | 9901 | €4,096 | €6,237 | +€2,141 | +52.3% |
| Financial charges | 65/66B | €291 | €205 | -€87 | -29.8% |
| Recurring financial charges | 65 | €291 | €205 | -€87 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €3,805 | €6,033 | +€2,228 | +58.6% |
| Income taxes | 67/77 | €969 | -€9,018 | -€9,987 | |
| Profit (loss) for the period | 9904 | €2,835 | €15,050 | +€12,215 | +430.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,835 | €15,050 | +€12,215 | +430.8% |
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 9 October 2026 via checked.be.