L.B. TRADING: 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. TRADING
Largest movements
- Cash +€16,453
up €16,453 (+18.1%), from €90,858 to €107,310
mainly Depreciation (+€14,427) and Tax, wage and social debts (+€7,051)
- Tangible fixed assets -€14,427
down €14,427 (-29.0%), from €49,805 to €35,378
of which Land and buildings: -€8,750
- Stocks and contracts +€2,271
up €2,271 (+6.3%), from €35,880 to €38,151
- Deferred charges and accrued income -€2,016
down €2,016 (-28.7%), from €7,034 to €5,018
- Tax, wage and social debts +€7,051
up €7,051 (+111%), from €6,327 to €13,377
of which Taxes: +€3,538
- Profit (loss) carried forward -€5,958
down €5,958 (-5.4%), from €109,929 to €103,971
- Other debts +€4,781
up €4,781 (+14.0%), from €34,075 to €38,856
- Trade debts -€4,627
down €4,627 (-92.7%), from €4,993 to €366
- Gross operating margin +€9,940
up €9,940 (+50.6%), from €19,639 to €29,579
- Financial income +€2,223
up €2,223 (+1,129%), from €197 to €2,419
of which Financial income: +€1,580
- Staff costs +€1,705
up €1,705 (+9.1%), from €18,790 to €20,494
- Depreciation -€523
down €523 (-3.5%), from €14,950 to €14,427
- Other operating charges +€390
up €390 (+18.7%), from €2,091 to €2,481
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 | €192,977 | €194,223 | +€1,246 | +0.6% |
| Fixed assets | 21/28 | €49,990 | €35,563 | -€14,427 | -28.9% |
| Tangible fixed assets | 22/27 | €49,805 | €35,378 | -€14,427 | -29.0% |
| Land and buildings | 22 | €43,750 | €35,000 | -€8,750 | -20.0% |
| Plant, machinery and equipment | 23 | €1,077 | €0 | -€1,077 | -100% |
| Furniture and vehicles | 24 | €4,978 | €378 | -€4,600 | -92.4% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €142,987 | €158,660 | +€15,673 | +11.0% |
| Stocks and contracts in progress | 3 | €35,880 | €38,151 | +€2,271 | +6.3% |
| Stocks | 30/36 | €35,880 | €38,151 | +€2,271 | +6.3% |
| Amounts receivable within one year | 40/41 | €9,216 | €8,181 | -€1,036 | -11.2% |
| Trade receivables | 40 | €8,362 | €7,709 | -€653 | -7.8% |
| Other amounts receivable | 41 | €854 | €471 | -€383 | -44.8% |
| Cash at bank and in hand | 54/58 | €90,858 | €107,310 | +€16,453 | +18.1% |
| Deferred charges and accrued income | 490/1 | €7,034 | €5,018 | -€2,016 | -28.7% |
| Total equity and liabilities | 10/49 | €192,977 | €194,223 | +€1,246 | +0.6% |
| Equity | 10/15 | €147,582 | €141,624 | -€5,958 | -4.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €17,653 | €17,653 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100% |
| Tax-exempt reserves | 132 | €11,142 | €11,142 | = | 0.0% |
| Distributable reserves | 133 | €4,511 | €6,511 | +€2,000 | +44.3% |
| Profit (loss) carried forward | 14 | €109,929 | €103,971 | -€5,958 | -5.4% |
| Amounts payable | 17/49 | €45,395 | €52,599 | +€7,204 | +15.9% |
| Amounts payable within one year | 42/48 | €45,394 | €52,599 | +€7,205 | +15.9% |
| Trade debts | 44 | €4,993 | €366 | -€4,627 | -92.7% |
| Suppliers | 440/4 | €4,993 | €366 | -€4,627 | -92.7% |
| Taxes, remuneration and social security | 45 | €6,327 | €13,377 | +€7,051 | +111% |
| Taxes | 450/3 | €3,828 | €7,367 | +€3,538 | +92.4% |
| Remuneration and social security | 454/9 | €2,498 | €6,011 | +€3,513 | +141% |
| Other amounts payable | 47/48 | €34,075 | €38,856 | +€4,781 | +14.0% |
| Accrued charges and deferred income | 492/3 | €1 | €0 | -€1 | -100% |
| Remuneration, social security and pensions | 62 | €18,790 | €20,494 | +€1,705 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,950 | €14,427 | -€523 | -3.5% |
| Other operating charges | 640/8 | €2,091 | €2,481 | +€390 | +18.7% |
| Gross operating margin | 9900 | €19,639 | €29,579 | +€9,940 | +50.6% |
| Operating profit (loss) | 9901 | -€16,191 | -€7,823 | +€8,368 | +51.7% |
| Financial income | 75/76B | €197 | €2,419 | +€2,223 | +1,129% |
| Recurring financial income | 75 | €197 | €1,777 | +€1,580 | +803% |
| Non-recurring financial income | 76B | - | €643 | +€643 | |
| Financial charges | 65/66B | €177 | €488 | +€311 | +176% |
| Recurring financial charges | 65 | €177 | €488 | +€311 | +176% |
| Profit (loss) for the period before taxes | 9903 | -€16,171 | -€5,892 | +€10,280 | +63.6% |
| Income taxes | 67/77 | €134 | €66 | -€68 | -50.5% |
| Profit (loss) for the period | 9904 | -€16,305 | -€5,958 | +€10,347 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,305 | -€5,958 | +€10,347 | +63.5% |
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 31 October 2026 via checked.be.