L&B: 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.
L&B
Largest movements
- Cash -€20,953
down €20,953 (-81.3%), from €25,758 to €4,805
mainly Receivables within one year (-€16,551) and Debts after one year (-€10,222)
- Receivables within one year +€16,551
up €16,551 (+175%), from €9,438 to €25,989
of which Other amounts receivable: +€12,524
- Tangible fixed assets -€11,100
down €11,100 (-21.1%), from €52,642 to €41,541
of which Leasing and similar rights: -€10,598
- Debts after one year -€10,222
down €10,222 (-25.0%), from €40,851 to €30,629
- Trade debts +€6,238
up €6,238 (+355%), from €1,758 to €7,996
- Reserves -€6,150
down €6,150 (-28.2%), from €21,839 to €15,689
- Other debts -€3,097
no longer reported in 2024 (was €3,097)
- Tax, wage and social debts -€2,725
down €2,725 (-27.2%), from €10,025 to €7,300
- Gross operating margin -€17,217
down €17,217 (-69.6%), from €24,737 to €7,521
- Depreciation +€8,624
up €8,624 (+348%), from €2,477 to €11,100
- Taxes -€4,624
down €4,624, from €4,415 to -€209
- Financial charges -€497
down €497 (-17.3%), from €2,868 to €2,372
- Financial income +€306
up €306 (+441%), from €69 to €375
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,837 | €72,335 | -€15,502 | -17.6% |
| Fixed assets | 21/28 | €52,642 | €41,541 | -€11,100 | -21.1% |
| Tangible fixed assets | 22/27 | €52,642 | €41,541 | -€11,100 | -21.1% |
| Furniture and vehicles | 24 | €1,624 | €1,122 | -€502 | -30.9% |
| Leasing and similar rights | 25 | €51,018 | €40,419 | -€10,598 | -20.8% |
| Current assets | 29/58 | €35,196 | €30,794 | -€4,402 | -12.5% |
| Amounts receivable within one year | 40/41 | €9,438 | €25,989 | +€16,551 | +175% |
| Trade receivables | 40 | €9,438 | €13,465 | +€4,027 | +42.7% |
| Other amounts receivable | 41 | - | €12,524 | +€12,524 | |
| Cash at bank and in hand | 54/58 | €25,758 | €4,805 | -€20,953 | -81.3% |
| Total equity and liabilities | 10/49 | €87,837 | €72,335 | -€15,502 | -17.6% |
| Equity | 10/15 | €22,339 | €16,189 | -€6,150 | -27.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €21,839 | €15,689 | -€6,150 | -28.2% |
| Distributable reserves | 133 | €21,839 | €15,689 | -€6,150 | -28.2% |
| Amounts payable | 17/49 | €65,499 | €56,147 | -€9,352 | -14.3% |
| Amounts payable after more than one year | 17 | €40,851 | €30,629 | -€10,222 | -25.0% |
| Financial debts | 170/4 | €40,851 | €30,629 | -€10,222 | -25.0% |
| Amounts payable within one year | 42/48 | €24,647 | €25,517 | +€870 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €9,768 | €10,222 | +€454 | +4.7% |
| Trade debts | 44 | €1,758 | €7,996 | +€6,238 | +355% |
| Suppliers | 440/4 | €1,758 | €7,996 | +€6,238 | +355% |
| Taxes, remuneration and social security | 45 | €10,025 | €7,300 | -€2,725 | -27.2% |
| Taxes | 450/3 | €10,025 | €7,300 | -€2,725 | -27.2% |
| Other amounts payable | 47/48 | €3,097 | - | -€3,097 | |
| Non-recurring operating income | 76A | €10,857 | - | -€10,857 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,477 | €11,100 | +€8,624 | +348% |
| Other operating charges | 640/8 | €949 | €783 | -€167 | -17.6% |
| Gross operating margin | 9900 | €24,737 | €7,521 | -€17,217 | -69.6% |
| Operating profit (loss) | 9901 | €21,311 | -€4,362 | -€25,674 | |
| Financial income | 75/76B | €69 | €375 | +€306 | +441% |
| Recurring financial income | 75 | €69 | €375 | +€306 | +441% |
| Financial charges | 65/66B | €2,868 | €2,372 | -€497 | -17.3% |
| Recurring financial charges | 65 | €2,868 | €2,372 | -€497 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €18,512 | -€6,359 | -€24,871 | |
| Income taxes | 67/77 | €4,415 | -€209 | -€4,624 | |
| Profit (loss) for the period | 9904 | €14,097 | -€6,150 | -€20,247 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,097 | -€6,150 | -€20,247 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.