L & CO: 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 & CO
Largest movements
- Tangible fixed assets -€1,000
down €1,000 (-78.2%), from €1,279 to €279
- Trade debts -€759
down €759 (-24.4%), from €3,111 to €2,352
- Profit (loss) carried forward -€565
down €565 (-5.9%), from -€9,630 to -€10,196
- Gross operating margin -€1,880
down €1,880 (-68.6%), from €2,742 to €862
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 | €47,469 | €46,145 | -€1,324 | -2.8% |
| Fixed assets | 21/28 | €1,279 | €279 | -€1,000 | -78.2% |
| Tangible fixed assets | 22/27 | €1,279 | €279 | -€1,000 | -78.2% |
| Furniture and vehicles | 24 | €1,279 | €279 | -€1,000 | -78.2% |
| Current assets | 29/58 | €46,190 | €45,866 | -€324 | -0.7% |
| Stocks and contracts in progress | 3 | €4,000 | €4,000 | = | 0.0% |
| Contracts in progress | 37 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,632 | €40,331 | -€300 | -0.7% |
| Trade receivables | 40 | - | €3,413 | +€3,413 | |
| Other amounts receivable | 41 | €40,632 | €36,919 | -€3,713 | -9.1% |
| Cash at bank and in hand | 54/58 | €868 | €831 | -€37 | -4.3% |
| Deferred charges and accrued income | 490/1 | €690 | €703 | +€14 | +2.0% |
| Total equity and liabilities | 10/49 | €47,469 | €46,145 | -€1,324 | -2.8% |
| Equity | 10/15 | -€1,756 | -€2,321 | -€565 | -32.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,674 | €1,674 | = | 0.0% |
| Distributable reserves | 133 | €1,674 | €1,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,630 | -€10,196 | -€565 | -5.9% |
| Amounts payable | 17/49 | €49,225 | €48,466 | -€759 | -1.5% |
| Amounts payable within one year | 42/48 | €49,225 | €48,466 | -€759 | -1.5% |
| Trade debts | 44 | €3,111 | €2,352 | -€759 | -24.4% |
| Suppliers | 440/4 | €3,111 | €2,352 | -€759 | -24.4% |
| Other amounts payable | 47/48 | €46,114 | €46,114 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,000 | = | 0.0% |
| Other operating charges | 640/8 | €276 | €283 | +€7 | +2.5% |
| Gross operating margin | 9900 | €2,742 | €862 | -€1,880 | -68.6% |
| Operating profit (loss) | 9901 | €1,465 | -€421 | -€1,887 | |
| Financial charges | 65/66B | €149 | €144 | -€5 | -3.3% |
| Recurring financial charges | 65 | €149 | €144 | -€5 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €1,317 | -€565 | -€1,882 | |
| Profit (loss) for the period | 9904 | €1,317 | -€565 | -€1,882 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,317 | -€565 | -€1,882 |
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 17 October 2026 via checked.be.