GROUP LBS: what changed
Two fiscal 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.
GROUP LBS
Largest movements
- Tangible fixed assets -€4,959
down €4,959 (-3.5%), from €143,236 to €138,277
- Advances received -€5,112
no longer reported in 2025 (was €5,112)
- Gross operating margin -€240
down €240 (-4.4%), from €5,495 to €5,255
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.
Cash bridge derived
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 | €175,423 | €169,610 | -€5,812 | -3.3% |
| Fixed assets | 21/28 | €143,236 | €138,457 | -€4,779 | -3.3% |
| Tangible fixed assets | 22/27 | €143,236 | €138,277 | -€4,959 | -3.5% |
| Land and buildings | 22 | €143,236 | €138,277 | -€4,959 | -3.5% |
| Financial fixed assets | 28 | - | €180 | +€180 | |
| Current assets | 29/58 | €32,187 | €31,154 | -€1,033 | -3.2% |
| Amounts receivable within one year | 40/41 | €27,390 | €25,677 | -€1,713 | -6.3% |
| Trade receivables | 40 | €3,841 | €1,253 | -€2,588 | -67.4% |
| Other amounts receivable | 41 | €23,549 | €24,424 | +€875 | +3.7% |
| Cash at bank and in hand | 54/58 | €4,797 | €5,476 | +€680 | +14.2% |
| Total equity and liabilities | 10/49 | €175,423 | €169,610 | -€5,812 | -3.3% |
| Equity | 10/15 | €147,984 | €147,633 | -€351 | -0.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,984 | €37,633 | -€351 | -0.9% |
| Amounts payable | 17/49 | €27,439 | €21,977 | -€5,461 | -19.9% |
| Amounts payable within one year | 42/48 | €10,171 | €4,710 | -€5,461 | -53.7% |
| Trade debts | 44 | €350 | - | -€350 | |
| Suppliers | 440/4 | €350 | - | -€350 | |
| Advances received on contracts in progress | 46 | €5,112 | - | -€5,112 | |
| Other amounts payable | 47/48 | €4,710 | €4,710 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €17,267 | €17,267 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,959 | €4,959 | = | 0.0% |
| Other operating charges | 640/8 | €1,696 | €1,750 | +€54 | +3.2% |
| Gross operating margin | 9900 | €5,495 | €5,255 | -€240 | -4.4% |
| Operating profit (loss) | 9901 | -€1,161 | -€1,455 | -€294 | -25.3% |
| Financial income | 75/76B | €1,256 | €1,287 | +€31 | +2.5% |
| Recurring financial income | 75 | €1,256 | €1,287 | +€31 | +2.5% |
| Financial charges | 65/66B | €182 | €183 | +€2 | +0.8% |
| Recurring financial charges | 65 | €182 | €183 | +€2 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€87 | -€351 | -€264 | -305.2% |
| Profit (loss) for the period | 9904 | -€87 | -€351 | -€264 | -305.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€87 | -€351 | -€264 | -305.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.