PAGE LAURA: 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.
PAGE LAURA
Largest movements
- Current investments +€6,096
up €6,096 (+55.4%), from €11,000 to €17,096
- Tangible fixed assets +€5,671
up €5,671 (+53.8%), from €10,545 to €16,216
of which Plant, machinery and equipment: +€4,626
- Cash +€1,496
up €1,496 (+8.7%), from €17,234 to €18,730
mainly Net result for the year (+€13,494) and Trade debts (+€4,093)
- Reserves +€13,495
up €13,495 (+40.5%), from €33,350 to €46,845
- Trade debts +€4,093
up €4,093 (+2,574%), from €159 to €4,252
- Tax, wage and social debts -€2,982
down €2,982 (-41.0%), from €7,281 to €4,299
of which Taxes: -€2,982
- Accrued charges and deferred income -€663
no longer reported in 2025 (was €663)
- Gross operating margin +€1,875
up €1,875 (+9.1%), from €20,530 to €22,405
- Depreciation +€960
up €960 (+44.4%), from €2,164 to €3,124
- Other operating charges +€579
new in 2025: €579
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 | €44,453 | €58,396 | +€13,943 | +31.4% |
| Fixed assets | 21/28 | €10,545 | €16,216 | +€5,671 | +53.8% |
| Tangible fixed assets | 22/27 | €10,545 | €16,216 | +€5,671 | +53.8% |
| Land and buildings | 22 | €4,928 | €5,628 | +€700 | +14.2% |
| Plant, machinery and equipment | 23 | - | €4,626 | +€4,626 | |
| Furniture and vehicles | 24 | €5,617 | €5,962 | +€345 | +6.1% |
| Current assets | 29/58 | €33,908 | €42,179 | +€8,271 | +24.4% |
| Amounts receivable within one year | 40/41 | €3,537 | €4,045 | +€508 | +14.4% |
| Trade receivables | 40 | €3,110 | €2,825 | -€285 | -9.2% |
| Other amounts receivable | 41 | €427 | €1,220 | +€793 | +186% |
| Current investments | 50/53 | €11,000 | €17,096 | +€6,096 | +55.4% |
| Cash at bank and in hand | 54/58 | €17,234 | €18,730 | +€1,496 | +8.7% |
| Deferred charges and accrued income | 490/1 | €2,137 | €2,308 | +€171 | +8.0% |
| Total equity and liabilities | 10/49 | €44,453 | €58,396 | +€13,943 | +31.4% |
| Equity | 10/15 | €36,350 | €49,845 | +€13,495 | +37.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,350 | €46,845 | +€13,495 | +40.5% |
| Distributable reserves | 133 | €33,350 | €46,845 | +€13,495 | +40.5% |
| Amounts payable | 17/49 | €8,103 | €8,551 | +€448 | +5.5% |
| Amounts payable within one year | 42/48 | €7,440 | €8,551 | +€1,111 | +14.9% |
| Trade debts | 44 | €159 | €4,252 | +€4,093 | +2,574% |
| Suppliers | 440/4 | €159 | €4,252 | +€4,093 | +2,574% |
| Taxes, remuneration and social security | 45 | €7,281 | €4,299 | -€2,982 | -41.0% |
| Taxes | 450/3 | €5,131 | €2,149 | -€2,982 | -58.1% |
| Remuneration and social security | 454/9 | €2,150 | €2,150 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €663 | - | -€663 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,164 | €3,124 | +€960 | +44.4% |
| Other operating charges | 640/8 | - | €579 | +€579 | |
| Gross operating margin | 9900 | €20,530 | €22,405 | +€1,875 | +9.1% |
| Operating profit (loss) | 9901 | €18,366 | €18,702 | +€336 | +1.8% |
| Financial income | 75/76B | €136 | €127 | -€9 | -6.5% |
| Recurring financial income | 75 | €136 | €127 | -€9 | -6.5% |
| Non-recurring financial income | 76B | €136 | - | -€136 | |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.8% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €18,433 | €18,755 | +€322 | +1.7% |
| Income taxes | 67/77 | €5,122 | €5,261 | +€139 | +2.7% |
| Profit (loss) for the period | 9904 | €13,311 | €13,494 | +€183 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,311 | €13,494 | +€183 | +1.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.