2LSL: 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.
2LSL
Largest movements
- Cash +€29,563
up €29,563 (+291%), from €10,145 to €39,708
mainly Net result for the year (+€15,350) and Depreciation (+€7,573)
- Tangible fixed assets -€7,573
down €7,573 (-38.4%), from €19,711 to €12,138
- Receivables within one year +€7,102
up €7,102 (+93.5%), from €7,593 to €14,695
of which Trade receivables: +€12,161
- Profit (loss) carried forward +€15,350
up €15,350, from -€1,577 to €13,774
- Trade debts +€5,546
up €5,546 (+307%), from €1,804 to €7,350
- Other debts +€4,666
up €4,666 (+14.8%), from €31,589 to €36,255
- Tax, wage and social debts +€3,547
new in 2025: €3,547
- Gross operating margin +€25,032
up €25,032 (+1,332%), from €1,879 to €26,911
- Depreciation +€4,565
up €4,565 (+152%), from €3,008 to €7,573
- Taxes +€3,459
new in 2025: €3,459
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 | €37,816 | €66,926 | +€29,110 | +77.0% |
| Fixed assets | 21/28 | €19,711 | €12,138 | -€7,573 | -38.4% |
| Tangible fixed assets | 22/27 | €19,711 | €12,138 | -€7,573 | -38.4% |
| Furniture and vehicles | 24 | €19,711 | €12,138 | -€7,573 | -38.4% |
| Current assets | 29/58 | €18,106 | €54,788 | +€36,682 | +203% |
| Amounts receivable within one year | 40/41 | €7,593 | €14,695 | +€7,102 | +93.5% |
| Trade receivables | 40 | €2,534 | €14,695 | +€12,161 | +480% |
| Other amounts receivable | 41 | €5,059 | - | -€5,059 | |
| Cash at bank and in hand | 54/58 | €10,145 | €39,708 | +€29,563 | +291% |
| Deferred charges and accrued income | 490/1 | €367 | €385 | +€18 | +4.8% |
| Total equity and liabilities | 10/49 | €37,816 | €66,926 | +€29,110 | +77.0% |
| Equity | 10/15 | €4,423 | €19,774 | +€15,350 | +347% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,577 | €13,774 | +€15,350 | |
| Amounts payable | 17/49 | €33,393 | €47,152 | +€13,759 | +41.2% |
| Amounts payable within one year | 42/48 | €33,393 | €47,152 | +€13,759 | +41.2% |
| Trade debts | 44 | €1,804 | €7,350 | +€5,546 | +307% |
| Suppliers | 440/4 | €1,804 | €7,350 | +€5,546 | +307% |
| Taxes, remuneration and social security | 45 | - | €3,547 | +€3,547 | |
| Taxes | 450/3 | - | €3,547 | +€3,547 | |
| Other amounts payable | 47/48 | €31,589 | €36,255 | +€4,666 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,008 | €7,573 | +€4,565 | +152% |
| Other operating charges | 640/8 | €447 | €501 | +€54 | +12.1% |
| Gross operating margin | 9900 | €1,879 | €26,911 | +€25,032 | +1,332% |
| Operating profit (loss) | 9901 | -€1,577 | €18,836 | +€20,413 | |
| Financial charges | 65/66B | - | €27 | +€27 | |
| Recurring financial charges | 65 | - | €27 | +€27 | |
| Profit (loss) for the period before taxes | 9903 | -€1,577 | €18,810 | +€20,387 | |
| Income taxes | 67/77 | - | €3,459 | +€3,459 | |
| Profit (loss) for the period | 9904 | -€1,577 | €15,350 | +€16,927 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,577 | €15,350 | +€16,927 |
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 14 October 2026 via checked.be.