L&L ENGINEERING: 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 ENGINEERING
Largest movements
- Cash +€11,738
up €11,738 (+6.5%), from €179,913 to €191,651
mainly Short-term financial debts (+€32,141) and Net result for the year (+€10,575)
- Deferred charges and accrued income -€2,374
no longer reported in 2025 (was €2,374)
- Short-term financial debts +€32,141
new in 2025: €32,141
- Other debts -€29,885
no longer reported in 2025 (was €29,885)
- Reserves +€10,575
up €10,575 (+13.5%), from €78,266 to €88,841
- Tax, wage and social debts -€5,070
down €5,070 (-99.4%), from €5,101 to €31
- Gross operating margin -€10,647
down €10,647 (-43.8%), from €24,282 to €13,635
- Taxes -€4,704
down €4,704 (-65.3%), from €7,204 to €2,500
- Financial charges -€1,853
down €1,853, from €1,137 to -€716
- Other operating charges -€838
down €838 (-67.7%), from €1,238 to €400
- Financial income -€750
down €750 (-99.3%), from €755 to €5
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 | €188,235 | €196,381 | +€8,146 | +4.3% |
| Fixed assets | 21/28 | €1,397 | €840 | -€557 | -39.9% |
| Tangible fixed assets | 22/27 | €1,397 | €840 | -€557 | -39.9% |
| Furniture and vehicles | 24 | €1,397 | €840 | -€557 | -39.9% |
| Current assets | 29/58 | €186,839 | €195,541 | +€8,702 | +4.7% |
| Amounts receivable within one year | 40/41 | €4,552 | €3,890 | -€662 | -14.5% |
| Other amounts receivable | 41 | €4,552 | €3,890 | -€662 | -14.5% |
| Cash at bank and in hand | 54/58 | €179,913 | €191,651 | +€11,738 | +6.5% |
| Deferred charges and accrued income | 490/1 | €2,374 | - | -€2,374 | |
| Total equity and liabilities | 10/49 | €188,235 | €196,381 | +€8,146 | +4.3% |
| Equity | 10/15 | €151,957 | €162,531 | +€10,574 | +7.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €78,266 | €88,841 | +€10,575 | +13.5% |
| Distributable reserves | 133 | €78,266 | €88,841 | +€10,575 | +13.5% |
| Profit (loss) carried forward | 14 | €61,290 | €61,290 | -€0 | 0.0% |
| Amounts payable | 17/49 | €36,279 | €33,850 | -€2,429 | -6.7% |
| Amounts payable within one year | 42/48 | €36,279 | €33,495 | -€2,784 | -7.7% |
| Financial debts | 43 | - | €32,141 | +€32,141 | |
| Other loans | 439 | - | €32,141 | +€32,141 | |
| Trade debts | 44 | €1,293 | €1,323 | +€30 | +2.3% |
| Suppliers | 440/4 | €1,293 | €1,323 | +€30 | +2.3% |
| Taxes, remuneration and social security | 45 | €5,101 | €31 | -€5,070 | -99.4% |
| Taxes | 450/3 | €5,101 | €31 | -€5,070 | -99.4% |
| Other amounts payable | 47/48 | €29,885 | - | -€29,885 | |
| Accrued charges and deferred income | 492/3 | €0 | €355 | +€355 | |
| Remuneration, social security and pensions | 62 | - | €324 | +€324 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163 | €557 | +€394 | +242% |
| Other operating charges | 640/8 | €1,238 | €400 | -€838 | -67.7% |
| Gross operating margin | 9900 | €24,282 | €13,635 | -€10,647 | -43.8% |
| Operating profit (loss) | 9901 | €22,882 | €12,354 | -€10,528 | -46.0% |
| Financial income | 75/76B | €755 | €5 | -€750 | -99.3% |
| Recurring financial income | 75 | €755 | €5 | -€750 | -99.3% |
| Financial charges | 65/66B | €1,137 | -€716 | -€1,853 | |
| Recurring financial charges | 65 | €1,137 | -€716 | -€1,853 | |
| Profit (loss) for the period before taxes | 9903 | €22,500 | €13,075 | -€9,425 | -41.9% |
| Income taxes | 67/77 | €7,204 | €2,500 | -€4,704 | -65.3% |
| Profit (loss) for the period | 9904 | €15,296 | €10,575 | -€4,721 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,296 | €10,575 | -€4,721 | -30.9% |
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 22 October 2026 via checked.be.