L-Craft: 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-Craft
Largest movements
- Cash +€42,686
up €42,686 (+163.5%), from €26,110 to €68,796
mainly Net result for the year (+€51,991) and Depreciation (+€11,499)
- Tangible fixed assets -€11,499
down €11,499 (-21.7%), from €52,989 to €41,490
of which Leasing and similar rights: -€10,457
- Reserves +€51,991
up €51,991 (+291.4%), from €17,843 to €69,833
- Other debts -€12,998
down €12,998 (-87.0%), from €14,948 to €1,950
- Debts after one year -€12,227
down €12,227 (-35.3%), from €34,591 to €22,364
- Tax, wage and social debts +€4,372
up €4,372 (+41.2%), from €10,625 to €14,997
- Gross operating margin +€54,775
up €54,775 (+211.2%), from €25,939 to €80,714
- Taxes +€9,153
up €9,153 (+199.0%), from €4,600 to €13,753
- Depreciation +€9,077
up €9,077 (+374.7%), from €2,422 to €11,499
- Financial charges +€1,534
up €1,534 (+344.2%), from €446 to €1,979
- Other operating charges +€863
up €863 (+137.3%), from €629 to €1,492
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 | €93,038 | €124,584 | +€31,547 | +33.9% |
| Fixed assets | 21/28 | €52,989 | €41,490 | -€11,499 | -21.7% |
| Tangible fixed assets | 22/27 | €52,989 | €41,490 | -€11,499 | -21.7% |
| Plant, machinery and equipment | 23 | €2,889 | €1,847 | -€1,042 | -36.1% |
| Leasing and similar rights | 25 | €50,100 | €39,643 | -€10,457 | -20.9% |
| Current assets | 29/58 | €40,049 | €83,095 | +€43,046 | +107.5% |
| Amounts receivable within one year | 40/41 | €13,939 | €13,429 | -€510 | -3.7% |
| Trade receivables | 40 | €13,939 | €13,429 | -€510 | -3.7% |
| Cash at bank and in hand | 54/58 | €26,110 | €68,796 | +€42,686 | +163.5% |
| Deferred charges and accrued income | 490/1 | - | €870 | +€870 | |
| Total equity and liabilities | 10/49 | €93,038 | €124,584 | +€31,547 | +33.9% |
| Equity | 10/15 | €20,843 | €72,833 | +€51,991 | +249.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,843 | €69,833 | +€51,991 | +291.4% |
| Distributable reserves | 133 | €17,843 | €69,833 | +€51,991 | +291.4% |
| Amounts payable | 17/49 | €72,195 | €51,751 | -€20,444 | -28.3% |
| Amounts payable after more than one year | 17 | €34,591 | €22,364 | -€12,227 | -35.3% |
| Financial debts | 170/4 | €34,591 | €22,364 | -€12,227 | -35.3% |
| Amounts payable within one year | 42/48 | €37,604 | €29,387 | -€8,217 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €11,841 | €12,227 | +€386 | +3.3% |
| Trade debts | 44 | €191 | €213 | +€23 | +11.9% |
| Suppliers | 440/4 | €191 | €213 | +€23 | +11.9% |
| Taxes, remuneration and social security | 45 | €10,625 | €14,997 | +€4,372 | +41.2% |
| Taxes | 450/3 | €10,625 | €14,997 | +€4,372 | +41.2% |
| Other amounts payable | 47/48 | €14,948 | €1,950 | -€12,998 | -87.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,422 | €11,499 | +€9,077 | +374.7% |
| Other operating charges | 640/8 | €629 | €1,492 | +€863 | +137.3% |
| Gross operating margin | 9900 | €25,939 | €80,714 | +€54,775 | +211.2% |
| Operating profit (loss) | 9901 | €22,888 | €67,723 | +€44,835 | +195.9% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €446 | €1,979 | +€1,534 | +344.2% |
| Recurring financial charges | 65 | €446 | €1,979 | +€1,534 | +344.2% |
| Profit (loss) for the period before taxes | 9903 | €22,443 | €65,743 | +€43,301 | +192.9% |
| Income taxes | 67/77 | €4,600 | €13,753 | +€9,153 | +199.0% |
| Profit (loss) for the period | 9904 | €17,843 | €51,991 | +€34,148 | +191.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,843 | €51,991 | +€34,148 | +191.4% |
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 12 October 2026 via checked.be.