L-Cube Concept: what changed
Two fiscal 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-Cube Concept
Largest movements
- Receivables within one year +€17,894
up €17,894 (+109.1%), from €16,402 to €34,296
of which Trade receivables: +€19,561
- Cash -€8,042
down €8,042 (-28.8%), from €27,886 to €19,845
mainly Receivables within one year (-€17,894) and Debts after one year (-€1,885)
- Tangible fixed assets -€4,358
down €4,358 (-3.2%), from €137,271 to €132,913
of which Land and buildings: -€3,879
- Trade debts +€9,307
up €9,307 (+4170.7%), from €223 to €9,530
- Debts after one year -€1,885
down €1,885 (-1.3%), from €147,976 to €146,090
- Gross operating margin -€14,533
down €14,533 (-65.3%), from €22,261 to €7,728
- Taxes -€4,498
down €4,498 (-85.5%), from €5,264 to €766
- Other operating charges -€759
down €759 (-57.2%), from €1,326 to €567
- Financial charges +€444
up €444 (+24.6%), from €1,803 to €2,247
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 | €183,065 | €188,541 | +€5,476 | +3.0% |
| Fixed assets | 21/28 | €137,271 | €132,913 | -€4,358 | -3.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €137,271 | €132,913 | -€4,358 | -3.2% |
| Land and buildings | 22 | €136,576 | €132,697 | -€3,879 | -2.8% |
| Plant, machinery and equipment | 23 | €695 | €216 | -€479 | -68.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €45,794 | €55,628 | +€9,834 | +21.5% |
| Amounts receivable within one year | 40/41 | €16,402 | €34,296 | +€17,894 | +109.1% |
| Trade receivables | 40 | €14,727 | €34,288 | +€19,561 | +132.8% |
| Other amounts receivable | 41 | €1,675 | €8 | -€1,667 | -99.5% |
| Cash at bank and in hand | 54/58 | €27,886 | €19,845 | -€8,042 | -28.8% |
| Deferred charges and accrued income | 490/1 | €1,505 | €1,487 | -€18 | -1.2% |
| Total equity and liabilities | 10/49 | €183,065 | €188,541 | +€5,476 | +3.0% |
| Equity | 10/15 | €30,642 | €29,622 | -€1,019 | -3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,116 | €23,116 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €16,116 | €16,116 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,326 | €307 | -€1,019 | -76.9% |
| Amounts payable | 17/49 | €152,423 | €158,918 | +€6,495 | +4.3% |
| Amounts payable after more than one year | 17 | €147,976 | €146,090 | -€1,885 | -1.3% |
| Other amounts payable | 178/9 | €147,976 | €146,090 | -€1,885 | -1.3% |
| Amounts payable within one year | 42/48 | €3,591 | €11,920 | +€8,328 | +231.9% |
| Trade debts | 44 | €223 | €9,530 | +€9,307 | +4170.7% |
| Suppliers | 440/4 | €223 | €9,530 | +€9,307 | +4170.7% |
| Taxes, remuneration and social security | 45 | €2,535 | €1,530 | -€1,005 | -39.6% |
| Taxes | 450/3 | €2,535 | €1,530 | -€1,005 | -39.6% |
| Other amounts payable | 47/48 | €833 | €859 | +€26 | +3.1% |
| Accrued charges and deferred income | 492/3 | €856 | €909 | +€52 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,544 | €4,358 | -€186 | -4.1% |
| Other operating charges | 640/8 | €1,326 | €567 | -€759 | -57.2% |
| Non-recurring operating charges | 66A | €63 | €140 | +€77 | +122.8% |
| Gross operating margin | 9900 | €22,261 | €7,728 | -€14,533 | -65.3% |
| Operating profit (loss) | 9901 | €16,328 | €2,663 | -€13,665 | -83.7% |
| Financial income | 75/76B | €38 | €190 | +€152 | +395.5% |
| Recurring financial income | 75 | €38 | €190 | +€152 | +395.5% |
| Financial charges | 65/66B | €1,803 | €2,247 | +€444 | +24.6% |
| Recurring financial charges | 65 | €1,803 | €2,247 | +€444 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €14,563 | €605 | -€13,957 | -95.8% |
| Income taxes | 67/77 | €5,264 | €766 | -€4,498 | -85.5% |
| Profit (loss) for the period | 9904 | €9,299 | -€160 | -€9,459 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,299 | -€160 | -€9,459 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.