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 +€76,970
up €76,970 (+333%), from €23,089 to €100,059
mainly Net result for the year (+€197,274) and Depreciation (+€82,958)
- Tangible fixed assets -€69,530
down €69,530 (-9.5%), from €733,228 to €663,698
of which Land and buildings: -€48,053
- Receivables within one year +€65,015
up €65,015 (+253%), from €25,690 to €90,705
of which Trade receivables: +€59,611
- Profit (loss) carried forward +€197,274
up €197,274 (+52.1%), from €378,533 to €575,806
- Other debts -€126,196
no longer reported in 2025 (was €126,196)
- Debts after one year -€19,551
down €19,551 (-11.4%), from €171,694 to €152,144
- Tax, wage and social debts +€16,056
up €16,056 (+23.0%), from €69,691 to €85,747
- Other operating charges -€65,660
down €65,660 (-93.7%), from €70,058 to €4,399
- Gross operating margin -€29,126
down €29,126 (-7.6%), from €384,835 to €355,709
- Taxes +€8,809
up €8,809 (+15.2%), from €58,077 to €66,886
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 | €811,966 | €879,784 | +€67,818 | +8.4% |
| Fixed assets | 21/28 | €757,928 | €686,498 | -€71,430 | -9.4% |
| Intangible fixed assets | 21 | €24,700 | €22,800 | -€1,900 | -7.7% |
| Tangible fixed assets | 22/27 | €733,228 | €663,698 | -€69,530 | -9.5% |
| Land and buildings | 22 | €654,328 | €606,276 | -€48,053 | -7.3% |
| Plant, machinery and equipment | 23 | €2,894 | €1,891 | -€1,002 | -34.6% |
| Furniture and vehicles | 24 | €76,006 | €55,531 | -€20,475 | -26.9% |
| Current assets | 29/58 | €54,037 | €193,286 | +€139,249 | +258% |
| Amounts receivable within one year | 40/41 | €25,690 | €90,705 | +€65,015 | +253% |
| Trade receivables | 40 | €25,690 | €85,301 | +€59,611 | +232% |
| Other amounts receivable | 41 | - | €5,404 | +€5,404 | |
| Cash at bank and in hand | 54/58 | €23,089 | €100,059 | +€76,970 | +333% |
| Deferred charges and accrued income | 490/1 | €5,258 | €2,522 | -€2,737 | -52.0% |
| Total equity and liabilities | 10/49 | €811,966 | €879,784 | +€67,818 | +8.4% |
| Equity | 10/15 | €419,854 | €617,128 | +€197,274 | +47.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,722 | €22,722 | = | 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% |
| Distributable reserves | 133 | €20,862 | €20,862 | = | 0.0% |
| Profit (loss) carried forward | 14 | €378,533 | €575,806 | +€197,274 | +52.1% |
| Amounts payable | 17/49 | €392,111 | €262,656 | -€129,455 | -33.0% |
| Amounts payable after more than one year | 17 | €171,694 | €152,144 | -€19,551 | -11.4% |
| Financial debts | 170/4 | €171,694 | €152,144 | -€19,551 | -11.4% |
| Amounts payable within one year | 42/48 | €219,309 | €109,404 | -€109,905 | -50.1% |
| Current portion of amounts payable after more than one year | 42 | €19,551 | €19,551 | = | 0.0% |
| Trade debts | 44 | €3,871 | €4,106 | +€235 | +6.1% |
| Suppliers | 440/4 | €3,871 | €4,106 | +€235 | +6.1% |
| Taxes, remuneration and social security | 45 | €69,691 | €85,747 | +€16,056 | +23.0% |
| Taxes | 450/3 | €69,691 | €85,747 | +€16,056 | +23.0% |
| Other amounts payable | 47/48 | €126,196 | - | -€126,196 | |
| Accrued charges and deferred income | 492/3 | €1,109 | €1,109 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,434 | €82,958 | -€476 | -0.6% |
| Other operating charges | 640/8 | €70,058 | €4,399 | -€65,660 | -93.7% |
| Gross operating margin | 9900 | €384,835 | €355,709 | -€29,126 | -7.6% |
| Operating profit (loss) | 9901 | €231,343 | €268,352 | +€37,009 | +16.0% |
| Financial charges | 65/66B | €6,149 | €4,192 | -€1,957 | -31.8% |
| Recurring financial charges | 65 | €6,149 | €4,192 | -€1,957 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €225,194 | €264,160 | +€38,966 | +17.3% |
| Income taxes | 67/77 | €58,077 | €66,886 | +€8,809 | +15.2% |
| Profit (loss) for the period | 9904 | €167,116 | €197,274 | +€30,157 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €167,116 | €197,274 | +€30,157 | +18.0% |
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 15 October 2026 via checked.be.