Roxane Lauwereins: 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.
Roxane Lauwereins
Largest movements
- Receivables within one year +€14,972
up €14,972 (+138%), from €10,828 to €25,799
of which Trade receivables: +€25,799
- Cash -€8,657
down €8,657 (-11.7%), from €73,988 to €65,331
mainly Contributions, distributions and other (-€62,500) and Receivables within one year (-€14,972)
- Tangible fixed assets -€1,224
down €1,224 (-22.0%), from €5,570 to €4,346
- Tax, wage and social debts +€6,651
up €6,651 (+34.5%), from €19,295 to €25,945
- Profit (loss) carried forward -€5,621
down €5,621 (-7.9%), from €70,824 to €65,202
- Other debts +€2,312
up €2,312 (+384%), from €602 to €2,914
- Gross operating margin +€9,349
up €9,349 (+14.4%), from €64,817 to €74,167
- Taxes +€1,896
up €1,896 (+14.4%), from €13,151 to €15,047
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 | €95,009 | €99,233 | +€4,224 | +4.4% |
| Fixed assets | 21/28 | €5,570 | €4,346 | -€1,224 | -22.0% |
| Tangible fixed assets | 22/27 | €5,570 | €4,346 | -€1,224 | -22.0% |
| Furniture and vehicles | 24 | €5,570 | €4,346 | -€1,224 | -22.0% |
| Current assets | 29/58 | €89,439 | €94,887 | +€5,448 | +6.1% |
| Amounts receivable within one year | 40/41 | €10,828 | €25,799 | +€14,972 | +138% |
| Trade receivables | 40 | - | €25,799 | +€25,799 | |
| Other amounts receivable | 41 | €10,828 | - | -€10,828 | |
| Cash at bank and in hand | 54/58 | €73,988 | €65,331 | -€8,657 | -11.7% |
| Deferred charges and accrued income | 490/1 | €4,624 | €3,757 | -€867 | -18.7% |
| Total equity and liabilities | 10/49 | €95,009 | €99,233 | +€4,224 | +4.4% |
| Equity | 10/15 | €72,824 | €67,202 | -€5,621 | -7.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,824 | €65,202 | -€5,621 | -7.9% |
| Amounts payable | 17/49 | €22,185 | €32,031 | +€9,846 | +44.4% |
| Amounts payable within one year | 42/48 | €22,185 | €32,031 | +€9,846 | +44.4% |
| Trade debts | 44 | €2,289 | €3,172 | +€883 | +38.6% |
| Suppliers | 440/4 | €2,289 | €3,172 | +€883 | +38.6% |
| Taxes, remuneration and social security | 45 | €19,295 | €25,945 | +€6,651 | +34.5% |
| Taxes | 450/3 | €19,295 | €25,945 | +€6,651 | +34.5% |
| Other amounts payable | 47/48 | €602 | €2,914 | +€2,312 | +384% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €548 | €1,224 | +€675 | +123% |
| Other operating charges | 640/8 | €598 | €501 | -€97 | -16.3% |
| Gross operating margin | 9900 | €64,817 | €74,167 | +€9,349 | +14.4% |
| Operating profit (loss) | 9901 | €63,671 | €72,442 | +€8,771 | +13.8% |
| Financial charges | 65/66B | €583 | €516 | -€67 | -11.5% |
| Recurring financial charges | 65 | €583 | €516 | -€67 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €63,088 | €71,926 | +€8,838 | +14.0% |
| Income taxes | 67/77 | €13,151 | €15,047 | +€1,896 | +14.4% |
| Profit (loss) for the period | 9904 | €49,936 | €56,879 | +€6,942 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,936 | €56,879 | +€6,942 | +13.9% |
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 28 October 2026 via checked.be.