L&B PLUIMVEE: 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 PLUIMVEE
Largest movements
- Receivables within one year +€103,663
up €103,663 (+73.9%), from €140,228 to €243,891
- Cash +€68,856
up €68,856 (+148%), from €46,508 to €115,364
mainly Net result for the year (+€217,356) and Depreciation (+€49,597)
- Tangible fixed assets +€26,837
up €26,837 (+5.3%), from €502,755 to €529,592
- Reserves +€217,356
up €217,356 (+206%), from €105,404 to €322,760
of which Tax-exempt reserves: +€117,880
- Debts after one year -€26,662
down €26,662 (-21.1%), from €126,090 to €99,428
- Trade debts +€15,027
up €15,027 (+18.0%), from €83,669 to €98,696
- Current portion of long-term debt -€14,434
down €14,434 (-35.1%), from €41,096 to €26,662
- Gross operating margin +€194,190
up €194,190 (+129%), from €150,980 to €345,170
- Taxes +€43,883
up €43,883 (+165%), from €26,602 to €70,486
- Depreciation +€9,235
up €9,235 (+22.9%), from €40,362 to €49,597
- Other operating charges +€3,514
up €3,514 (+91.5%), from €3,841 to €7,355
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 | €693,548 | €892,966 | +€199,418 | +28.8% |
| Fixed assets | 21/28 | €502,755 | €529,592 | +€26,837 | +5.3% |
| Tangible fixed assets | 22/27 | €502,755 | €529,592 | +€26,837 | +5.3% |
| Land and buildings | 22 | €337,900 | €349,013 | +€11,113 | +3.3% |
| Plant, machinery and equipment | 23 | €156,724 | €163,705 | +€6,981 | +4.5% |
| Furniture and vehicles | 24 | €8,131 | €16,874 | +€8,743 | +108% |
| Current assets | 29/58 | €190,793 | €363,374 | +€172,580 | +90.5% |
| Amounts receivable within one year | 40/41 | €140,228 | €243,891 | +€103,663 | +73.9% |
| Other amounts receivable | 41 | €140,228 | €243,891 | +€103,663 | +73.9% |
| Cash at bank and in hand | 54/58 | €46,508 | €115,364 | +€68,856 | +148% |
| Deferred charges and accrued income | 490/1 | €4,058 | €4,119 | +€60 | +1.5% |
| Total equity and liabilities | 10/49 | €693,548 | €892,966 | +€199,418 | +28.8% |
| Equity | 10/15 | €425,055 | €642,410 | +€217,356 | +51.1% |
| Contributions | 10/11 | €319,650 | €319,650 | = | 0.0% |
| Reserves | 13 | €105,404 | €322,760 | +€217,356 | +206% |
| Tax-exempt reserves | 132 | - | €117,880 | +€117,880 | |
| Distributable reserves | 133 | €105,404 | €204,880 | +€99,476 | +94.4% |
| Amounts payable | 17/49 | €268,494 | €250,556 | -€17,938 | -6.7% |
| Amounts payable after more than one year | 17 | €126,090 | €99,428 | -€26,662 | -21.1% |
| Financial debts | 170/4 | €126,090 | €99,428 | -€26,662 | -21.1% |
| Amounts payable within one year | 42/48 | €142,404 | €151,128 | +€8,724 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €41,096 | €26,662 | -€14,434 | -35.1% |
| Trade debts | 44 | €83,669 | €98,696 | +€15,027 | +18.0% |
| Suppliers | 440/4 | €83,669 | €98,696 | +€15,027 | +18.0% |
| Taxes, remuneration and social security | 45 | €17,640 | €25,770 | +€8,131 | +46.1% |
| Taxes | 450/3 | €17,640 | €25,770 | +€8,131 | +46.1% |
| Remuneration, social security and pensions | 62 | €316 | - | -€316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,362 | €49,597 | +€9,235 | +22.9% |
| Other operating charges | 640/8 | €3,841 | €7,355 | +€3,514 | +91.5% |
| Gross operating margin | 9900 | €150,980 | €345,170 | +€194,190 | +129% |
| Operating profit (loss) | 9901 | €106,461 | €288,218 | +€181,756 | +171% |
| Financial income | 75/76B | €2,024 | €5,220 | +€3,196 | +158% |
| Recurring financial income | 75 | €2,024 | €5,220 | +€3,196 | +158% |
| Financial charges | 65/66B | €5,844 | €5,597 | -€247 | -4.2% |
| Recurring financial charges | 65 | €5,844 | €5,597 | -€247 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €102,642 | €287,841 | +€185,199 | +180% |
| Income taxes | 67/77 | €26,602 | €70,486 | +€43,883 | +165% |
| Profit (loss) for the period | 9904 | €76,039 | €217,356 | +€141,316 | +186% |
| Transfer to tax-exempt reserves | 689 | - | €117,880 | +€117,880 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,039 | €99,476 | +€23,436 | +30.8% |
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 27 October 2026 via checked.be.