L COMPANY: 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 COMPANY
Largest movements
- Cash -€58,483
down €58,483 (-32.9%), from €177,960 to €119,478
mainly Contributions, distributions and other (-€110,381) and Tax, wage and social debts (-€3,586)
- Tangible fixed assets -€6,514
down €6,514 (-11.7%), from €55,493 to €48,980
of which Leasing and similar rights: -€5,809
- Reserves -€56,970
down €56,970 (-23.7%), from €240,619 to €183,649
- Tax, wage and social debts -€3,586
down €3,586 (-21.2%), from €16,902 to €13,316
- Gross operating margin -€6,962
down €6,962 (-7.9%), from €87,730 to €80,768
- Depreciation -€4,922
down €4,922 (-35.1%), from €14,032 to €9,109
- Taxes -€1,301
down €1,301 (-6.2%), from €20,988 to €19,686
- Financial income +€1,237
up €1,237 (+89.9%), from €1,376 to €2,613
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €267,598 | €205,150 | -€62,449 | -23.3% |
| Fixed assets | 21/28 | €55,493 | €48,980 | -€6,514 | -11.7% |
| Tangible fixed assets | 22/27 | €55,493 | €48,980 | -€6,514 | -11.7% |
| Plant, machinery and equipment | 23 | - | €2,494 | +€2,494 | |
| Furniture and vehicles | 24 | €3,199 | €0 | -€3,199 | -100% |
| Leasing and similar rights | 25 | €52,295 | €46,486 | -€5,809 | -11.1% |
| Current assets | 29/58 | €212,105 | €156,170 | -€55,935 | -26.4% |
| Amounts receivable within one year | 40/41 | €32,912 | €35,417 | +€2,505 | +7.6% |
| Trade receivables | 40 | €32,912 | €34,428 | +€1,516 | +4.6% |
| Other amounts receivable | 41 | - | €989 | +€989 | |
| Cash at bank and in hand | 54/58 | €177,960 | €119,478 | -€58,483 | -32.9% |
| Deferred charges and accrued income | 490/1 | €1,233 | €1,276 | +€43 | +3.5% |
| Total equity and liabilities | 10/49 | €267,598 | €205,150 | -€62,449 | -23.3% |
| Equity | 10/15 | €244,219 | €187,249 | -€56,970 | -23.3% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €240,619 | €183,649 | -€56,970 | -23.7% |
| Distributable reserves | 133 | €240,619 | €183,649 | -€56,970 | -23.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,379 | €17,901 | -€5,478 | -23.4% |
| Amounts payable within one year | 42/48 | €23,379 | €17,901 | -€5,478 | -23.4% |
| Trade debts | 44 | €654 | €1,335 | +€682 | +104% |
| Suppliers | 440/4 | €654 | €1,335 | +€682 | +104% |
| Taxes, remuneration and social security | 45 | €16,902 | €13,316 | -€3,586 | -21.2% |
| Taxes | 450/3 | €16,902 | €13,316 | -€3,586 | -21.2% |
| Other amounts payable | 47/48 | €5,823 | €3,249 | -€2,574 | -44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,032 | €9,109 | -€4,922 | -35.1% |
| Other operating charges | 640/8 | €1,020 | €1,051 | +€30 | +3.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €87,730 | €80,768 | -€6,962 | -7.9% |
| Operating profit (loss) | 9901 | €72,678 | €70,609 | -€2,070 | -2.8% |
| Financial income | 75/76B | €1,376 | €2,613 | +€1,237 | +89.9% |
| Recurring financial income | 75 | €1,376 | €2,613 | +€1,237 | +89.9% |
| Financial charges | 65/66B | €175 | €124 | -€51 | -29.0% |
| Recurring financial charges | 65 | €175 | €124 | -€51 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €73,879 | €73,097 | -€782 | -1.1% |
| Income taxes | 67/77 | €20,988 | €19,686 | -€1,301 | -6.2% |
| Profit (loss) for the period | 9904 | €52,892 | €53,411 | +€519 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,892 | €53,411 | +€519 | +1.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.