L&B GLOBAL GROUP: 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 GLOBAL GROUP
Largest movements
- Tangible fixed assets -€71,353
down €71,353 (-20.7%), from €345,029 to €273,677
- Intangible fixed assets -€25,000
down €25,000 (-11.0%), from €227,945 to €202,945
- Cash +€10,023
up €10,023 (+196%), from €5,121 to €15,144
mainly Depreciation (+€108,663) and Net result for the year (+€60,079)
- Tax, wage and social debts -€62,542
down €62,542 (-55.8%), from €112,057 to €49,516
of which Remuneration and social security: -€66,899
- Profit (loss) carried forward +€60,079
up €60,079, from -€52,976 to €7,103
- Advances received -€59,802
no longer reported in 2025 (was €59,802)
- Other debts -€34,884
down €34,884 (-15.0%), from €233,011 to €198,127
- Trade debts +€10,820
up €10,820 (+5.3%), from €205,825 to €216,645
- Gross operating margin +€263,135
up €263,135, from -€48,735 to €214,400
- Staff costs -€43,463
down €43,463 (-62.2%), from €69,930 to €26,467
- Other operating charges +€18,532
up €18,532 (+6,993%), from €265 to €18,797
- Depreciation +€16,661
up €16,661 (+18.1%), from €92,002 to €108,663
- Financial income -€8,654
no longer reported in 2025 (was €8,654)
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 | €578,180 | €491,850 | -€86,330 | -14.9% |
| Fixed assets | 21/28 | €573,059 | €476,707 | -€96,353 | -16.8% |
| Intangible fixed assets | 21 | €227,945 | €202,945 | -€25,000 | -11.0% |
| Tangible fixed assets | 22/27 | €345,029 | €273,677 | -€71,353 | -20.7% |
| Land and buildings | 22 | €217,284 | €186,299 | -€30,985 | -14.3% |
| Plant, machinery and equipment | 23 | €46,400 | €31,353 | -€15,047 | -32.4% |
| Furniture and vehicles | 24 | €81,345 | €56,024 | -€25,321 | -31.1% |
| Financial fixed assets | 28 | €85 | €85 | = | 0.0% |
| Current assets | 29/58 | €5,121 | €15,144 | +€10,023 | +196% |
| Cash at bank and in hand | 54/58 | €5,121 | €15,144 | +€10,023 | +196% |
| Total equity and liabilities | 10/49 | €578,180 | €491,850 | -€86,330 | -14.9% |
| Equity | 10/15 | -€32,516 | €27,563 | +€60,079 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,976 | €7,103 | +€60,079 | |
| Amounts payable | 17/49 | €610,696 | €464,288 | -€146,408 | -24.0% |
| Amounts payable within one year | 42/48 | €610,696 | €464,288 | -€146,408 | -24.0% |
| Trade debts | 44 | €205,825 | €216,645 | +€10,820 | +5.3% |
| Suppliers | 440/4 | €205,825 | €216,645 | +€10,820 | +5.3% |
| Advances received on contracts in progress | 46 | €59,802 | - | -€59,802 | |
| Taxes, remuneration and social security | 45 | €112,057 | €49,516 | -€62,542 | -55.8% |
| Taxes | 450/3 | €45,159 | €49,516 | +€4,357 | +9.6% |
| Remuneration and social security | 454/9 | €66,899 | - | -€66,899 | |
| Other amounts payable | 47/48 | €233,011 | €198,127 | -€34,884 | -15.0% |
| Remuneration, social security and pensions | 62 | €69,930 | €26,467 | -€43,463 | -62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,002 | €108,663 | +€16,661 | +18.1% |
| Other operating charges | 640/8 | €265 | €18,797 | +€18,532 | +6,993% |
| Gross operating margin | 9900 | -€48,735 | €214,400 | +€263,135 | |
| Operating profit (loss) | 9901 | -€210,932 | €60,473 | +€271,405 | |
| Financial income | 75/76B | €8,654 | - | -€8,654 | |
| Recurring financial income | 75 | €8,654 | - | -€8,654 | |
| Financial charges | 65/66B | €4,625 | €394 | -€4,231 | -91.5% |
| Recurring financial charges | 65 | €4,625 | €394 | -€4,231 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | -€206,903 | €60,079 | +€266,982 | |
| Profit (loss) for the period | 9904 | -€206,903 | €60,079 | +€266,982 | |
| Profit (loss) for the period to be appropriated | 9905 | -€206,903 | €60,079 | +€266,982 |
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 22 October 2026 via checked.be.