"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
- Stocks and contracts +€9,800
new in 2025: €9,800
- Cash +€924
up €924 (+781.4%), from €118 to €1,043
mainly Net result for the year (+€8,439) and Tax, wage and social debts (+€2,548)
- Profit (loss) carried forward +€8,439
up €8,439 (+2.0%), from -€421,932 to -€413,493
- Tax, wage and social debts +€2,548
up €2,548 (+2051.7%), from €124 to €2,672
- Current portion of long-term debt +€629
new in 2025: €629
- Trade debts -€503
down €503 (-33.0%), from €1,523 to €1,020
- Other debts -€445
down €445 (-0.1%), from €401,862 to €401,417
- Gross operating margin +€51,129
up €51,129, from -€42,191 to €8,938
- Other operating charges -€44,144
down €44,144 (-99.1%), from €44,563 to €419
- Depreciation -€12,597
down €12,597 (-99.7%), from €12,636 to €39
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 | €177 | €10,845 | +€10,668 | +6028.6% |
| Fixed assets | 21/28 | €41 | €3 | -€39 | -94.0% |
| Tangible fixed assets | 22/27 | €39 | - | -€39 | |
| Furniture and vehicles | 24 | €39 | - | -€39 | |
| Financial fixed assets | 28 | €3 | €3 | = | 0.0% |
| Current assets | 29/58 | €136 | €10,843 | +€10,707 | +7900.2% |
| Stocks and contracts in progress | 3 | - | €9,800 | +€9,800 | |
| Stocks | 30/36 | - | €9,800 | +€9,800 | |
| Amounts receivable within one year | 40/41 | €17 | - | -€17 | |
| Other amounts receivable | 41 | €17 | - | -€17 | |
| Cash at bank and in hand | 54/58 | €118 | €1,043 | +€924 | +781.4% |
| Total equity and liabilities | 10/49 | €177 | €10,845 | +€10,668 | +6028.6% |
| Equity | 10/15 | -€403,332 | -€394,893 | +€8,439 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€421,932 | -€413,493 | +€8,439 | +2.0% |
| Amounts payable | 17/49 | €403,509 | €405,738 | +€2,229 | +0.6% |
| Amounts payable within one year | 42/48 | €403,509 | €405,738 | +€2,229 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | - | €629 | +€629 | |
| Trade debts | 44 | €1,523 | €1,020 | -€503 | -33.0% |
| Suppliers | 440/4 | €1,523 | €1,020 | -€503 | -33.0% |
| Taxes, remuneration and social security | 45 | €124 | €2,672 | +€2,548 | +2051.7% |
| Taxes | 450/3 | €124 | €2,672 | +€2,548 | +2051.7% |
| Other amounts payable | 47/48 | €401,862 | €401,417 | -€445 | -0.1% |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,636 | €39 | -€12,597 | -99.7% |
| Other operating charges | 640/8 | €44,563 | €419 | -€44,144 | -99.1% |
| Gross operating margin | 9900 | -€42,191 | €8,938 | +€51,129 | |
| Operating profit (loss) | 9901 | -€99,391 | €8,480 | +€107,871 | |
| Financial charges | 65/66B | €291 | €40 | -€250 | -86.1% |
| Recurring financial charges | 65 | €291 | €40 | -€250 | -86.1% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | -€99,681 | €8,439 | +€108,121 | |
| Profit (loss) for the period | 9904 | -€99,681 | €8,439 | +€108,121 | |
| Profit (loss) for the period to be appropriated | 9905 | -€99,681 | €8,439 | +€108,121 |
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 10 October 2026 via checked.be.