Yves LAURENT: 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.
Yves LAURENT
Largest movements
- Receivables within one year +€5,100
up €5,100 (+12.5%), from €40,675 to €45,775
of which Other amounts receivable: +€11,100
- Other debts +€100,759
up €100,759 (+44,509%), from €226 to €100,986
- Profit (loss) carried forward -€69,156
down €69,156 (-57.5%), from €120,182 to €51,025
- Debts after one year -€34,760
down €34,760 (-73.9%), from €47,038 to €12,278
- Tax, wage and social debts +€11,793
up €11,793 (+50.5%), from €23,348 to €35,140
- Gross operating margin +€16,472
up €16,472 (+38.1%), from €43,209 to €59,680
- Financial income +€11,100
up €11,100, from €0 to €11,100
- Taxes +€8,784
up €8,784 (+109%), from €8,047 to €16,831
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 | €396,798 | €405,740 | +€8,942 | +2.3% |
| Fixed assets | 21/28 | €342,206 | €342,206 | = | 0.0% |
| Financial fixed assets | 28 | €342,206 | €342,206 | = | 0.0% |
| Current assets | 29/58 | €54,592 | €63,534 | +€8,942 | +16.4% |
| Amounts receivable within one year | 40/41 | €40,675 | €45,775 | +€5,100 | +12.5% |
| Trade receivables | 40 | €40,675 | €34,675 | -€6,000 | -14.8% |
| Other amounts receivable | 41 | - | €11,100 | +€11,100 | |
| Cash at bank and in hand | 54/58 | €13,917 | €17,759 | +€3,842 | +27.6% |
| Total equity and liabilities | 10/49 | €396,798 | €405,740 | +€8,942 | +2.3% |
| Equity | 10/15 | €291,288 | €222,131 | -€69,156 | -23.7% |
| Contributions | 10/11 | €171,106 | €171,106 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,182 | €51,025 | -€69,156 | -57.5% |
| Amounts payable | 17/49 | €105,511 | €183,609 | +€78,098 | +74.0% |
| Amounts payable after more than one year | 17 | €47,038 | €12,278 | -€34,760 | -73.9% |
| Financial debts | 170/4 | €47,038 | €12,278 | -€34,760 | -73.9% |
| Amounts payable within one year | 42/48 | €58,472 | €171,331 | +€112,858 | +193% |
| Current portion of amounts payable after more than one year | 42 | €34,475 | €34,760 | +€285 | +0.8% |
| Trade debts | 44 | €423 | €444 | +€21 | +4.9% |
| Suppliers | 440/4 | €423 | €444 | +€21 | +4.9% |
| Taxes, remuneration and social security | 45 | €23,348 | €35,140 | +€11,793 | +50.5% |
| Taxes | 450/3 | €23,348 | €35,140 | +€11,793 | +50.5% |
| Other amounts payable | 47/48 | €226 | €100,986 | +€100,759 | +44,509% |
| Gross operating margin | 9900 | €43,209 | €59,680 | +€16,472 | +38.1% |
| Operating profit (loss) | 9901 | €43,209 | €59,680 | +€16,472 | +38.1% |
| Financial income | 75/76B | €0 | €11,100 | +€11,100 | |
| Recurring financial income | 75 | €0 | €11,100 | +€11,100 | |
| Financial charges | 65/66B | €3,324 | €3,106 | -€218 | -6.5% |
| Recurring financial charges | 65 | €3,324 | €3,106 | -€218 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €39,885 | €67,674 | +€27,789 | +69.7% |
| Income taxes | 67/77 | €8,047 | €16,831 | +€8,784 | +109% |
| Profit (loss) for the period | 9904 | €31,838 | €50,844 | +€19,006 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,838 | €50,844 | +€19,006 | +59.7% |
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 26 October 2026 via checked.be.