STEPHAAN LAUKENS: what changed
What changed
STEPHAAN LAUKENS
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€10,595
2024 · €12,078-€1,482
Equity
€244,395
2024 · €233,800+€10,595
Cash
€48,804
2024 · €30,378+€18,425
Balance sheet total
€421,569
2024 · €404,785+€16,784
Largest movements
Assets
- Cash +€18,425
up €18,425 (+60.7%), from €30,378 to €48,804
mainly Depreciation (+€14,410) and Net result for the year (+€10,595)
Equity and liabilities
- Profit (loss) carried forward +€15,055
up €15,055 (+95.9%), from -€15,693 to -€638
- Trade debts +€7,639
new in 2025: €7,639
- Reserves -€4,460
down €4,460 (-3.7%), from €119,493 to €115,033
Income statement
- Gross operating margin -€1,830
down €1,830 (-5.3%), from €34,287 to €32,456
- Financial charges -€925
down €925 (-13.3%), from €6,933 to €6,009
- Depreciation +€669
up €669 (+4.9%), from €13,741 to €14,410
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.
Result 2024
€12,078
Gross operating margin
-€1,830
Depreciation
-€669
Other operating charges
-€98
Financial income
+€25
Financial charges
+€925
Taxes
+€39
Deferred taxes and other
+€127
Result 2025
€10,595
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€30,799
Investment
-€12,374
Financing
€0
Cash 2024
€30,378
From operations (derived)
+€30,799
Net result for the year
+€10,595
Depreciation
+€14,410
Receivables within one year
-€347
Deferred charges and accrued income
-€48
Provisions
-€1,487
Trade debts
+€7,639
Tax, wage and social debts
-€285
Other debts
+€986
Accrued charges and deferred income
-€664
Investment (derived)
-€12,374
Investment in fixed assets (net)
-€12,374
Cash 2025
€48,804
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €404,785 | €421,569 | +€16,784 | +4.1% |
| Fixed assets | 21/28 | €373,002 | €370,965 | -€2,036 | -0.5% |
| Tangible fixed assets | 22/27 | €372,377 | €370,340 | -€2,036 | -0.5% |
| Land and buildings | 22 | €372,108 | €370,212 | -€1,897 | -0.5% |
| Plant, machinery and equipment | 23 | €268 | €129 | -€140 | -52.0% |
| Financial fixed assets | 28 | €625 | €625 | = | 0.0% |
| Current assets | 29/58 | €31,784 | €50,604 | +€18,820 | +59.2% |
| Amounts receivable within one year | 40/41 | €35 | €382 | +€347 | +991% |
| Trade receivables | 40 | €35 | €335 | +€300 | +857% |
| Other amounts receivable | 41 | - | €47 | +€47 | |
| Cash at bank and in hand | 54/58 | €30,378 | €48,804 | +€18,425 | +60.7% |
| Deferred charges and accrued income | 490/1 | €1,370 | €1,418 | +€48 | +3.5% |
| Total equity and liabilities | 10/49 | €404,785 | €421,569 | +€16,784 | +4.1% |
| Equity | 10/15 | €233,800 | €244,395 | +€10,595 | +4.5% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €119,493 | €115,033 | -€4,460 | -3.7% |
| Tax-exempt reserves | 132 | €119,493 | €115,033 | -€4,460 | -3.7% |
| Profit (loss) carried forward | 14 | -€15,693 | -€638 | +€15,055 | +95.9% |
| Provisions and deferred taxes | 16 | €40,048 | €38,562 | -€1,487 | -3.7% |
| Deferred taxes | 168 | €40,048 | €38,562 | -€1,487 | -3.7% |
| Amounts payable | 17/49 | €130,937 | €138,612 | +€7,675 | +5.9% |
| Amounts payable within one year | 42/48 | €126,107 | €134,447 | +€8,340 | +6.6% |
| Trade debts | 44 | - | €7,639 | +€7,639 | |
| Suppliers | 440/4 | - | €7,639 | +€7,639 | |
| Taxes, remuneration and social security | 45 | €2,070 | €1,785 | -€285 | -13.8% |
| Taxes | 450/3 | €2,070 | €1,785 | -€285 | -13.8% |
| Other amounts payable | 47/48 | €124,037 | €125,023 | +€986 | +0.8% |
| Accrued charges and deferred income | 492/3 | €4,830 | €4,166 | -€664 | -13.8% |
| Non-recurring operating income | 76A | - | €414 | +€414 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,741 | €14,410 | +€669 | +4.9% |
| Other operating charges | 640/8 | €2,986 | €3,085 | +€98 | +3.3% |
| Gross operating margin | 9900 | €34,287 | €32,456 | -€1,830 | -5.3% |
| Operating profit (loss) | 9901 | €17,559 | €14,961 | -€2,598 | -14.8% |
| Financial income | 75/76B | €132 | €157 | +€25 | +19.0% |
| Recurring financial income | 75 | €132 | €157 | +€25 | +19.0% |
| Financial charges | 65/66B | €6,933 | €6,009 | -€925 | -13.3% |
| Recurring financial charges | 65 | €6,933 | €6,009 | -€925 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €10,758 | €9,109 | -€1,649 | -15.3% |
| Transfer from deferred taxes | 780 | €1,359 | €1,487 | +€127 | +9.4% |
| Income taxes | 67/77 | €39 | - | -€39 | |
| Profit (loss) for the period | 9904 | €12,078 | €10,595 | -€1,482 | -12.3% |
| Transfer from tax-exempt reserves | 789 | €2,925 | €4,460 | +€1,534 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,003 | €15,055 | +€52 | +0.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.