L&B ASSOCIATES: 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 ASSOCIATES
Largest movements
- Receivables within one year +€25,263
up €25,263 (+1,539%), from €1,641 to €26,905
of which Trade receivables: +€25,210
- Reserves +€20,000
up €20,000 (+141,243%), from €14 to €20,014
of which Distributable reserves: +€20,000
- Other debts +€2,200
up €2,200 (+50.2%), from €4,382 to €6,582
- Tax, wage and social debts +€2,000
new in 2024: €2,000
- Profit (loss) carried forward +€1,143
up €1,143 (+1.8%), from -€63,116 to -€61,973
- Trade debts -€370
down €370 (-53.0%), from €698 to €328
- Gross operating margin +€25,109
up €25,109, from -€1,514 to €23,595
- Taxes +€2,000
new in 2024: €2,000
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 | €2,560 | €27,739 | +€25,179 | +984% |
| Fixed assets | 21/28 | €834 | €834 | = | 0.0% |
| Financial fixed assets | 28 | €834 | €834 | = | 0.0% |
| Current assets | 29/58 | €1,726 | €26,905 | +€25,179 | +1,459% |
| Amounts receivable within one year | 40/41 | €1,641 | €26,905 | +€25,263 | +1,539% |
| Trade receivables | 40 | €1,072 | €26,282 | +€25,210 | +2,351% |
| Other amounts receivable | 41 | €569 | €622 | +€53 | +9.4% |
| Cash at bank and in hand | 54/58 | €85 | - | -€85 | |
| Total equity and liabilities | 10/49 | €2,560 | €27,739 | +€25,179 | +984% |
| Equity | 10/15 | -€2,635 | €18,507 | +€21,143 | |
| Contributions | 10/11 | €60,467 | €60,467 | = | 0.0% |
| Reserves | 13 | €14 | €20,014 | +€20,000 | +141,243% |
| Non-distributable reserves | 130/1 | €14 | €14 | = | 0.0% |
| Other | 1319 | €14 | €14 | = | 0.0% |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€63,116 | -€61,973 | +€1,143 | +1.8% |
| Amounts payable | 17/49 | €5,195 | €9,231 | +€4,036 | +77.7% |
| Amounts payable within one year | 42/48 | €5,195 | €9,231 | +€4,036 | +77.7% |
| Financial debts | 43 | €115 | €321 | +€206 | +180% |
| Credit institutions | 430/8 | €115 | €321 | +€206 | +180% |
| Trade debts | 44 | €698 | €328 | -€370 | -53.0% |
| Suppliers | 440/4 | €698 | €328 | -€370 | -53.0% |
| Taxes, remuneration and social security | 45 | - | €2,000 | +€2,000 | |
| Taxes | 450/3 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €4,382 | €6,582 | +€2,200 | +50.2% |
| Other operating charges | 640/8 | €120 | €120 | = | 0.0% |
| Gross operating margin | 9900 | -€1,514 | €23,595 | +€25,109 | |
| Operating profit (loss) | 9901 | -€1,634 | €23,475 | +€25,109 | |
| Financial charges | 65/66B | €448 | €332 | -€116 | -25.9% |
| Recurring financial charges | 65 | €448 | €332 | -€116 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,082 | €23,143 | +€25,225 | |
| Income taxes | 67/77 | - | €2,000 | +€2,000 | |
| Profit (loss) for the period | 9904 | -€2,082 | €21,143 | +€23,225 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,082 | €21,143 | +€23,225 |
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 27 October 2026 via checked.be.