L.B. SERVICES: 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. SERVICES
Largest movements
- Cash -€21,066
down €21,066 (-100.0%), from €21,070 to €4
mainly Debts after one year (-€27,550) and Current portion of long-term debt (-€16,577)
- Tangible fixed assets -€12,156
down €12,156 (-24.7%), from €49,271 to €37,114
of which Plant, machinery and equipment: -€13,421
- Receivables within one year -€6,713
down €6,713 (-40.6%), from €16,521 to €9,808
of which Trade receivables: -€6,988
- Debts after one year -€27,550
down €27,550 (-59.1%), from €46,607 to €19,058
of which Other amounts payable: -€19,449
- Current portion of long-term debt -€16,577
down €16,577 (-60.0%), from €27,619 to €11,042
- Other debts +€8,671
new in 2025: €8,671
- Tax, wage and social debts -€3,964
down €3,964 (-48.2%), from €8,226 to €4,262
- Short-term financial debts +€1,464
new in 2025: €1,464
- Gross operating margin -€25,295
down €25,295 (-51.1%), from €49,497 to €24,201
- Other operating charges -€2,878
down €2,878 (-81.7%), from €3,520 to €642
- Depreciation +€2,180
up €2,180 (+10.9%), from €19,977 to €22,156
- Taxes -€707
down €707 (-83.4%), from €848 to €141
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.
Cash bridge derived
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 | €88,042 | €48,155 | -€39,887 | -45.3% |
| Fixed assets | 21/28 | €49,308 | €37,152 | -€12,156 | -24.7% |
| Tangible fixed assets | 22/27 | €49,271 | €37,114 | -€12,156 | -24.7% |
| Plant, machinery and equipment | 23 | €20,114 | €6,692 | -€13,421 | -66.7% |
| Furniture and vehicles | 24 | €27,287 | €28,756 | +€1,468 | +5.4% |
| Other tangible fixed assets | 26 | €1,870 | €1,666 | -€203 | -10.9% |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €38,734 | €11,003 | -€27,731 | -71.6% |
| Stocks and contracts in progress | 3 | €1,142 | €1,142 | = | 0.0% |
| Stocks | 30/36 | €1,142 | €1,142 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,521 | €9,808 | -€6,713 | -40.6% |
| Trade receivables | 40 | €16,514 | €9,526 | -€6,988 | -42.3% |
| Other amounts receivable | 41 | €7 | €282 | +€275 | +3710.7% |
| Cash at bank and in hand | 54/58 | €21,070 | €4 | -€21,066 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €48 | +€48 | |
| Total equity and liabilities | 10/49 | €88,042 | €48,155 | -€39,887 | -45.3% |
| Equity | 10/15 | €4,623 | €3,222 | -€1,401 | -30.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,577 | -€2,978 | -€1,401 | -88.9% |
| Amounts payable | 17/49 | €83,419 | €44,933 | -€38,486 | -46.1% |
| Amounts payable after more than one year | 17 | €46,607 | €19,058 | -€27,550 | -59.1% |
| Financial debts | 170/4 | €27,158 | €19,058 | -€8,101 | -29.8% |
| Other amounts payable | 178/9 | €19,449 | €0 | -€19,449 | -100.0% |
| Amounts payable within one year | 42/48 | €36,811 | €25,875 | -€10,937 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €27,619 | €11,042 | -€16,577 | -60.0% |
| Financial debts | 43 | - | €1,464 | +€1,464 | |
| Credit institutions | 430/8 | - | €1,464 | +€1,464 | |
| Trade debts | 44 | €965 | €436 | -€530 | -54.9% |
| Suppliers | 440/4 | €965 | €436 | -€530 | -54.9% |
| Taxes, remuneration and social security | 45 | €8,226 | €4,262 | -€3,964 | -48.2% |
| Taxes | 450/3 | €8,226 | €4,262 | -€3,964 | -48.2% |
| Other amounts payable | 47/48 | - | €8,671 | +€8,671 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,977 | €22,156 | +€2,180 | +10.9% |
| Other operating charges | 640/8 | €3,520 | €642 | -€2,878 | -81.7% |
| Gross operating margin | 9900 | €49,497 | €24,201 | -€25,295 | -51.1% |
| Operating profit (loss) | 9901 | €26,000 | €1,403 | -€24,598 | -94.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,518 | €2,663 | +€146 | +5.8% |
| Recurring financial charges | 65 | €2,518 | €2,663 | +€146 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €23,483 | -€1,260 | -€24,743 | |
| Income taxes | 67/77 | €848 | €141 | -€707 | -83.4% |
| Profit (loss) for the period | 9904 | €22,634 | -€1,401 | -€24,036 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,634 | -€1,401 | -€24,036 |
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 10 October 2026 via checked.be.