LE SAINT LAURENT.: what changed
LE SAINT LAURENT.
Largest movements
- Receivables after one year +€98,040
up €98,040 (+12.8%), from €768,500 to €866,540
- Cash -€40,253
down €40,253 (-90.8%), from €44,327 to €4,074
mainly Receivables after one year (-€98,040) and Trade debts (-€38,426)
- Tangible fixed assets -€39,232
down €39,232 (-18.4%), from €212,674 to €173,442
of which Land and buildings: -€31,852
- Reserves +€86,906
up €86,906 (+43.0%), from €202,026 to €288,932
of which Distributable reserves: +€82,561
- Trade debts -€38,426
down €38,426 (-98.4%), from €39,063 to €638
- Current portion of long-term debt -€24,050
down €24,050 (-93.3%), from €25,764 to €1,714
- Gross operating margin -€11,265
down €11,265 (-7.3%), from €154,492 to €143,228
- Taxes -€8,440
down €8,440, from €8,112 to -€328
- Financial income +€5,309
up €5,309 (+28.3%), from €18,741 to €24,050
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,028,451 | €1,047,071 | +€18,620 | +1.8% |
| Fixed assets | 21/28 | €213,074 | €173,842 | -€39,232 | -18.4% |
| Tangible fixed assets | 22/27 | €212,674 | €173,442 | -€39,232 | -18.4% |
| Land and buildings | 22 | €175,521 | €143,669 | -€31,852 | -18.1% |
| Plant, machinery and equipment | 23 | €37,153 | €29,773 | -€7,380 | -19.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €815,377 | €873,230 | +€57,853 | +7.1% |
| Amounts receivable after more than one year | 29 | €768,500 | €866,540 | +€98,040 | +12.8% |
| Other amounts receivable | 291 | €768,500 | €866,540 | +€98,040 | +12.8% |
| Amounts receivable within one year | 40/41 | €2,550 | €2,450 | -€100 | -3.9% |
| Trade receivables | 40 | €2,550 | €2,450 | -€100 | -3.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €44,327 | €4,074 | -€40,253 | -90.8% |
| Deferred charges and accrued income | 490/1 | - | €165 | +€165 | |
| Total equity and liabilities | 10/49 | €1,028,451 | €1,047,071 | +€18,620 | +1.8% |
| Equity | 10/15 | €945,707 | €1,032,612 | +€86,906 | +9.2% |
| Contributions | 10/11 | €743,681 | €743,681 | = | 0.0% |
| Capital | 10 | €743,681 | €743,681 | = | 0.0% |
| Issued capital | 100 | €743,681 | €743,681 | = | 0.0% |
| Reserves | 13 | €202,026 | €288,932 | +€86,906 | +43.0% |
| Non-distributable reserves | 130/1 | €9,128 | €13,473 | +€4,345 | +47.6% |
| Legal reserve | 130 | €9,128 | €13,473 | +€4,345 | +47.6% |
| Distributable reserves | 133 | €192,898 | €275,459 | +€82,561 | +42.8% |
| Amounts payable | 17/49 | €82,745 | €14,459 | -€68,286 | -82.5% |
| Amounts payable within one year | 42/48 | €82,745 | €14,459 | -€68,286 | -82.5% |
| Current portion of amounts payable after more than one year | 42 | €25,764 | €1,714 | -€24,050 | -93.3% |
| Trade debts | 44 | €39,063 | €638 | -€38,426 | -98.4% |
| Suppliers | 440/4 | €39,063 | €638 | -€38,426 | -98.4% |
| Taxes, remuneration and social security | 45 | €17,917 | €12,107 | -€5,810 | -32.4% |
| Taxes | 450/3 | €14,670 | €12,107 | -€2,563 | -17.5% |
| Remuneration and social security | 454/9 | €3,247 | €0 | -€3,247 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,232 | €39,232 | -€0 | 0.0% |
| Other operating charges | 640/8 | €39,559 | €40,393 | +€834 | +2.1% |
| Gross operating margin | 9900 | €154,492 | €143,228 | -€11,265 | -7.3% |
| Operating profit (loss) | 9901 | €75,701 | €63,602 | -€12,098 | -16.0% |
| Financial income | 75/76B | €18,741 | €24,050 | +€5,309 | +28.3% |
| Recurring financial income | 75 | €18,741 | €24,050 | +€5,309 | +28.3% |
| Financial charges | 65/66B | €508 | €1,074 | +€566 | +111% |
| Recurring financial charges | 65 | €508 | €1,074 | +€566 | +111% |
| Profit (loss) for the period before taxes | 9903 | €93,933 | €86,578 | -€7,355 | -7.8% |
| Income taxes | 67/77 | €8,112 | -€328 | -€8,440 | |
| Profit (loss) for the period | 9904 | €85,821 | €86,906 | +€1,085 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €85,821 | €86,906 | +€1,085 | +1.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.