L&B EXPRESS OLEN: what changed
L&B EXPRESS OLEN
Largest movements
- Tangible fixed assets -€57,657
down €57,657 (-34.2%), from €168,731 to €111,075
of which Plant, machinery and equipment: -€36,985
- Cash +€57,053
up €57,053 (+62.1%), from €91,884 to €148,937
mainly Depreciation (+€58,576) and Accrued charges and deferred income (+€45,520)
- Receivables within one year +€23,453
up €23,453 (+19.1%), from €122,909 to €146,362
of which Other amounts receivable: +€33,464
- Stocks and contracts -€6,094
down €6,094 (-5.0%), from €121,321 to €115,226
- Accrued charges and deferred income +€45,520
up €45,520 (+605%), from €7,526 to €53,046
- Debts after one year -€36,794
down €36,794 (-68.4%), from €53,793 to €16,999
- Profit (loss) carried forward +€34,088
up €34,088 (+56.0%), from €60,884 to €94,972
- Current portion of long-term debt -€25,197
down €25,197 (-40.8%), from €61,817 to €36,620
- Tax, wage and social debts -€9,179
down €9,179 (-13.7%), from €67,076 to €57,897
of which Taxes: -€6,946
- Gross operating margin -€26,705
down €26,705 (-8.2%), from €326,201 to €299,497
- Staff costs +€6,071
up €6,071 (+3.3%), from €183,568 to €189,640
- Taxes -€4,829
down €4,829 (-28.0%), from €17,226 to €12,397
- Depreciation -€3,444
down €3,444 (-5.6%), from €62,019 to €58,576
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €515,850 | €531,094 | +€15,244 | +3.0% |
| Fixed assets | 21/28 | €174,579 | €116,922 | -€57,657 | -33.0% |
| Tangible fixed assets | 22/27 | €168,731 | €111,075 | -€57,657 | -34.2% |
| Plant, machinery and equipment | 23 | €118,127 | €81,142 | -€36,985 | -31.3% |
| Furniture and vehicles | 24 | €20,786 | €4,226 | -€16,560 | -79.7% |
| Other tangible fixed assets | 26 | €29,818 | €25,706 | -€4,112 | -13.8% |
| Financial fixed assets | 28 | €5,848 | €5,848 | = | 0.0% |
| Current assets | 29/58 | €341,271 | €414,172 | +€72,901 | +21.4% |
| Stocks and contracts in progress | 3 | €121,321 | €115,226 | -€6,094 | -5.0% |
| Stocks | 30/36 | €121,321 | €115,226 | -€6,094 | -5.0% |
| Amounts receivable within one year | 40/41 | €122,909 | €146,362 | +€23,453 | +19.1% |
| Trade receivables | 40 | €10,257 | €247 | -€10,011 | -97.6% |
| Other amounts receivable | 41 | €112,651 | €146,116 | +€33,464 | +29.7% |
| Cash at bank and in hand | 54/58 | €91,884 | €148,937 | +€57,053 | +62.1% |
| Deferred charges and accrued income | 490/1 | €5,158 | €3,647 | -€1,511 | -29.3% |
| Total equity and liabilities | 10/49 | €515,850 | €531,094 | +€15,244 | +3.0% |
| Equity | 10/15 | €137,310 | €171,398 | +€34,088 | +24.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €46,426 | €46,426 | = | 0.0% |
| Distributable reserves | 133 | €46,426 | €46,426 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,884 | €94,972 | +€34,088 | +56.0% |
| Amounts payable | 17/49 | €378,540 | €359,696 | -€18,844 | -5.0% |
| Amounts payable after more than one year | 17 | €53,793 | €16,999 | -€36,794 | -68.4% |
| Financial debts | 170/4 | €53,793 | €16,999 | -€36,794 | -68.4% |
| Amounts payable within one year | 42/48 | €317,221 | €289,651 | -€27,570 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €61,817 | €36,620 | -€25,197 | -40.8% |
| Trade debts | 44 | €188,328 | €195,134 | +€6,806 | +3.6% |
| Suppliers | 440/4 | €188,328 | €195,134 | +€6,806 | +3.6% |
| Taxes, remuneration and social security | 45 | €67,076 | €57,897 | -€9,179 | -13.7% |
| Taxes | 450/3 | €20,965 | €14,019 | -€6,946 | -33.1% |
| Remuneration and social security | 454/9 | €46,112 | €43,878 | -€2,233 | -4.8% |
| Accrued charges and deferred income | 492/3 | €7,526 | €53,046 | +€45,520 | +605% |
| Non-recurring operating income | 76A | - | €675 | +€675 | |
| Remuneration, social security and pensions | 62 | €183,568 | €189,640 | +€6,071 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,019 | €58,576 | -€3,444 | -5.6% |
| Other operating charges | 640/8 | €2,361 | €1,862 | -€499 | -21.1% |
| Gross operating margin | 9900 | €326,201 | €299,497 | -€26,705 | -8.2% |
| Operating profit (loss) | 9901 | €78,252 | €49,419 | -€28,833 | -36.8% |
| Financial income | 75/76B | €2,164 | €253 | -€1,912 | -88.3% |
| Recurring financial income | 75 | €2,164 | €253 | -€1,912 | -88.3% |
| Financial charges | 65/66B | €6,221 | €3,187 | -€3,034 | -48.8% |
| Recurring financial charges | 65 | €6,221 | €3,187 | -€3,034 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €74,196 | €46,485 | -€27,711 | -37.3% |
| Income taxes | 67/77 | €17,226 | €12,397 | -€4,829 | -28.0% |
| Profit (loss) for the period | 9904 | €56,969 | €34,088 | -€22,881 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,969 | €34,088 | -€22,881 | -40.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.