L'L: 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'L
Largest movements
- Tangible fixed assets -€69,357
down €69,357 (-69.2%), from €100,256 to €30,899
of which Land and buildings: -€67,179
- Cash +€51,126
up €51,126 (+108%), from €47,505 to €98,631
mainly Investment in fixed assets (net) (+€59,195) and Receivables within one year (+€34,158)
- Deferred charges and accrued income +€47,824
up €47,824 (+1,355%), from €3,530 to €51,354
- Receivables within one year -€34,158
down €34,158 (-66.3%), from €51,555 to €17,397
of which Other amounts receivable: -€30,838
- Debts within one year -€14,635
down €14,635 (-13.6%), from €107,279 to €92,644
- Accrued charges and deferred income +€11,300
up €11,300 (+60.4%), from €18,700 to €30,000
- Debts after one year -€2,385
down €2,385 (-20.7%), from €11,521 to €9,136
of which Financial debts: -€2,385
- Turnover -€25,551
down €25,551 (-12.2%), from €209,963 to €184,412
- Staff costs +€21,899
up €21,899 (+4.8%), from €460,578 to €482,477
- Gross operating margin -€12,931
down €12,931 (-2.4%), from €535,078 to €522,147
- Other operating charges +€7,227
up €7,227 (+33.3%), from €21,704 to €28,931
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 | €204,046 | €199,481 | -€4,565 | -2.2% |
| Fixed assets | 21/28 | €101,456 | €32,099 | -€69,357 | -68.4% |
| Tangible fixed assets | 22/27 | €100,256 | €30,899 | -€69,357 | -69.2% |
| Land and buildings | 22 | €67,179 | - | -€67,179 | |
| Furniture and vehicles | 24 | €21,623 | €23,828 | +€2,205 | +10.2% |
| Leasing and similar rights | 25 | €11,454 | €7,071 | -€4,383 | -38.3% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €102,590 | €167,382 | +€64,792 | +63.2% |
| Amounts receivable within one year | 40/41 | €51,555 | €17,397 | -€34,158 | -66.3% |
| Trade receivables | 40 | €8,126 | €4,806 | -€3,320 | -40.9% |
| Other amounts receivable | 41 | €43,429 | €12,591 | -€30,838 | -71.0% |
| Cash at bank and in hand | 54/58 | €47,505 | €98,631 | +€51,126 | +108% |
| Deferred charges and accrued income | 490/1 | €3,530 | €51,354 | +€47,824 | +1,355% |
| Total equity and liabilities | 10/49 | €204,046 | €199,481 | -€4,565 | -2.2% |
| Equity | 10/15 | €16,546 | €17,701 | +€1,155 | +7.0% |
| Profit (loss) carried forward | 14 | €16,546 | €17,701 | +€1,155 | +7.0% |
| Provisions and deferred taxes | 16 | €50,000 | €50,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €50,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €137,500 | €131,780 | -€5,720 | -4.2% |
| Amounts payable after more than one year | 17 | €11,521 | €9,136 | -€2,385 | -20.7% |
| Financial debts | 170/4 | €2,385 | - | -€2,385 | |
| Other amounts payable | 178/9 | €9,136 | €9,136 | = | 0.0% |
| Amounts payable within one year | 42/48 | €107,279 | €92,644 | -€14,635 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €4,415 | €2,689 | -€1,726 | -39.1% |
| Trade debts | 44 | €1,062 | €3,523 | +€2,461 | +232% |
| Suppliers | 440/4 | €1,062 | €3,523 | +€2,461 | +232% |
| Taxes, remuneration and social security | 45 | €85,391 | €86,432 | +€1,041 | +1.2% |
| Taxes | 450/3 | €14,904 | €16,752 | +€1,848 | +12.4% |
| Remuneration and social security | 454/9 | €70,487 | €69,680 | -€807 | -1.1% |
| Accrued charges and deferred income | 492/3 | €18,700 | €30,000 | +€11,300 | +60.4% |
| Turnover | 70 | €209,963 | €184,412 | -€25,551 | -12.2% |
| Membership fees, donations, legacies and grants | 73 | €733,679 | €747,945 | +€14,266 | +1.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €408,564 | €410,210 | +€1,646 | +0.4% |
| Remuneration, social security and pensions | 62 | €460,578 | €482,477 | +€21,899 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,566 | €10,162 | +€4,596 | +82.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €73 | - | -€73 | |
| Other operating charges | 640/8 | €21,704 | €28,931 | +€7,227 | +33.3% |
| Gross operating margin | 9900 | €535,078 | €522,147 | -€12,931 | -2.4% |
| Operating profit (loss) | 9901 | -€2,843 | €577 | +€3,420 | |
| Financial income | 75/76B | €1,921 | €1,534 | -€387 | -20.1% |
| Recurring financial income | 75 | €1,921 | €1,534 | -€387 | -20.1% |
| Financial charges | 65/66B | €1,986 | €956 | -€1,030 | -51.9% |
| Recurring financial charges | 65 | €1,230 | €956 | -€274 | -22.3% |
| Non-recurring financial charges | 66B | €756 | - | -€756 | |
| Profit (loss) for the period before taxes | 9903 | -€2,908 | €1,155 | +€4,063 | |
| Profit (loss) for the period | 9904 | -€2,908 | €1,155 | +€4,063 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,908 | €1,155 | +€4,063 |
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 27 October 2026 via checked.be.