L.B.S.: 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.S.
Largest movements
- Receivables within one year -€54,062
down €54,062 (-94.0%), from €57,525 to €3,463
of which Trade receivables: -€51,681
- Cash +€7,583
up €7,583 (+6,194%), from €122 to €7,705
mainly Receivables within one year (+€54,062) and Debts after one year (+€11,718)
- Profit (loss) carried forward -€39,084
down €39,084 (-293%), from -€13,359 to -€52,442
- Debts after one year +€11,718
up €11,718 (+42.8%), from €27,409 to €39,128
- Trade debts -€9,247
down €9,247 (-78.9%), from €11,718 to €2,471
- Other debts -€5,569
no longer reported in 2025 (was €5,569)
- Short-term financial debts -€5,074
no longer reported in 2025 (was €5,074)
- Other operating charges +€56,310
up €56,310 (+11,122%), from €506 to €56,817
- Gross operating margin +€21,902
up €21,902, from -€1,975 to €19,926
- Financial charges -€923
down €923 (-49.2%), from €1,876 to €953
- Taxes +€637
up €637 (+445%), from €143 to €780
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 | €58,425 | €11,677 | -€46,749 | -80.0% |
| Fixed assets | 21/28 | €778 | €317 | -€461 | -59.3% |
| Tangible fixed assets | 22/27 | €700 | €239 | -€461 | -65.8% |
| Furniture and vehicles | 24 | - | €239 | +€239 | |
| Leasing and similar rights | 25 | €700 | €0 | -€700 | -100% |
| Financial fixed assets | 28 | €77 | €77 | = | 0.0% |
| Current assets | 29/58 | €57,648 | €11,360 | -€46,288 | -80.3% |
| Amounts receivable within one year | 40/41 | €57,525 | €3,463 | -€54,062 | -94.0% |
| Trade receivables | 40 | €55,144 | €3,463 | -€51,681 | -93.7% |
| Other amounts receivable | 41 | €2,381 | - | -€2,381 | |
| Cash at bank and in hand | 54/58 | €122 | €7,705 | +€7,583 | +6,194% |
| Deferred charges and accrued income | 490/1 | - | €191 | +€191 | |
| Total equity and liabilities | 10/49 | €58,425 | €11,677 | -€46,749 | -80.0% |
| Equity | 10/15 | €7,216 | -€31,868 | -€39,084 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,983 | €1,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,359 | -€52,442 | -€39,084 | -293% |
| Amounts payable | 17/49 | €51,209 | €43,544 | -€7,665 | -15.0% |
| Amounts payable after more than one year | 17 | €27,409 | €39,128 | +€11,718 | +42.8% |
| Other amounts payable | 178/9 | €27,409 | €39,128 | +€11,718 | +42.8% |
| Amounts payable within one year | 42/48 | €23,505 | €4,417 | -€19,089 | -81.2% |
| Financial debts | 43 | €5,074 | - | -€5,074 | |
| Credit institutions | 430/8 | €5,074 | - | -€5,074 | |
| Trade debts | 44 | €11,718 | €2,471 | -€9,247 | -78.9% |
| Suppliers | 440/4 | €11,718 | €2,471 | -€9,247 | -78.9% |
| Taxes, remuneration and social security | 45 | €1,144 | €1,946 | +€801 | +70.0% |
| Taxes | 450/3 | €1,144 | €1,946 | +€801 | +70.0% |
| Other amounts payable | 47/48 | €5,569 | - | -€5,569 | |
| Accrued charges and deferred income | 492/3 | €295 | - | -€295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €461 | €461 | = | 0.0% |
| Other operating charges | 640/8 | €506 | €56,817 | +€56,310 | +11,122% |
| Gross operating margin | 9900 | -€1,975 | €19,926 | +€21,902 | |
| Operating profit (loss) | 9901 | -€2,943 | -€37,351 | -€34,409 | -1,169% |
| Financial charges | 65/66B | €1,876 | €953 | -€923 | -49.2% |
| Recurring financial charges | 65 | €1,876 | €953 | -€923 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,818 | -€38,304 | -€33,486 | -695% |
| Income taxes | 67/77 | €143 | €780 | +€637 | +445% |
| Profit (loss) for the period | 9904 | -€4,961 | -€39,084 | -€34,123 | -688% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,961 | -€39,084 | -€34,123 | -688% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.