Cabinet L&L: 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.
Cabinet L&L
Largest movements
- Cash +€57,013
up €57,013 (+84.2%), from €67,682 to €124,694
mainly Net result for the year (+€47,289) and Depreciation (+€5,433)
- Tangible fixed assets -€5,433
down €5,433 (-55.0%), from €9,870 to €4,437
- Receivables within one year -€4,978
down €4,978 (-26.7%), from €18,613 to €13,635
- Profit (loss) carried forward +€47,289
up €47,289 (+61.0%), from €77,494 to €124,783
- Purchases and services -€13,310
no longer reported in 2025 (was €13,310)
- Gross operating margin -€2,651
down €2,651 (-3.8%), from €69,291 to €66,639
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 | €97,185 | €143,818 | +€46,633 | +48.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €9,870 | €4,437 | -€5,433 | -55.0% |
| Tangible fixed assets | 22/27 | €9,870 | €4,437 | -€5,433 | -55.0% |
| Furniture and vehicles | 24 | €9,870 | €4,437 | -€5,433 | -55.0% |
| Current assets | 29/58 | €87,315 | €139,381 | +€52,066 | +59.6% |
| Amounts receivable within one year | 40/41 | €18,613 | €13,635 | -€4,978 | -26.7% |
| Other amounts receivable | 41 | €18,613 | €13,635 | -€4,978 | -26.7% |
| Cash at bank and in hand | 54/58 | €67,682 | €124,694 | +€57,013 | +84.2% |
| Deferred charges and accrued income | 490/1 | €1,021 | €1,052 | +€31 | +3.1% |
| Total equity and liabilities | 10/49 | €97,185 | €143,818 | +€46,633 | +48.0% |
| Equity | 10/15 | €78,994 | €126,283 | +€47,289 | +59.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,494 | €124,783 | +€47,289 | +61.0% |
| Amounts payable | 17/49 | €18,191 | €17,535 | -€656 | -3.6% |
| Amounts payable within one year | 42/48 | €18,191 | €17,535 | -€656 | -3.6% |
| Trade debts | 44 | €941 | €113 | -€828 | -88.0% |
| Suppliers | 440/4 | €941 | €113 | -€828 | -88.0% |
| Taxes, remuneration and social security | 45 | €13,757 | €13,611 | -€146 | -1.1% |
| Taxes | 450/3 | €13,757 | €13,611 | -€146 | -1.1% |
| Other amounts payable | 47/48 | €3,493 | €3,812 | +€318 | +9.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,310 | - | -€13,310 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,730 | €5,433 | -€297 | -5.2% |
| Other operating charges | 640/8 | €460 | €295 | -€165 | -35.9% |
| Gross operating margin | 9900 | €69,291 | €66,639 | -€2,651 | -3.8% |
| Operating profit (loss) | 9901 | €63,101 | €60,912 | -€2,189 | -3.5% |
| Financial charges | 65/66B | €11 | €12 | +€1 | +9.1% |
| Recurring financial charges | 65 | €11 | €12 | +€1 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €63,090 | €60,900 | -€2,190 | -3.5% |
| Income taxes | 67/77 | €13,757 | €13,611 | -€146 | -1.1% |
| Profit (loss) for the period | 9904 | €49,333 | €47,289 | -€2,044 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,333 | €47,289 | -€2,044 | -4.1% |
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 21 October 2026 via checked.be.