L&L Performance: 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&L Performance
Largest movements
- Cash +€56,933
up €56,933 (+437.9%), from €13,000 to €69,933
mainly Net result for the year (+€41,394) and Receivables within one year (+€18,461)
- Receivables within one year -€18,461
down €18,461 (-51.1%), from €36,124 to €17,663
of which Other amounts receivable: -€11,365
- Stocks and contracts +€6,241
up €6,241 (+50.8%), from €12,287 to €18,528
of which Contracts in progress: +€10,475
- Deferred charges and accrued income +€4,050
up €4,050 (+180.1%), from €2,249 to €6,299
- Tax, wage and social debts +€17,505
up €17,505 (+134.0%), from €13,060 to €30,565
of which Taxes: +€15,340
- Profit (loss) carried forward +€15,894
up €15,894 (+250.0%), from €6,356 to €22,250
- Reserves +€15,000
new in 2025: €15,000
- Other debts -€4,458
down €4,458 (-27.9%), from €16,000 to €11,542
- Advances received +€4,280
up €4,280 (+78.3%), from €5,469 to €9,749
- Staff costs -€17,932
down €17,932 (-21.7%), from €82,697 to €64,766
- Gross operating margin +€15,605
up €15,605 (+13.8%), from €113,439 to €129,045
- Taxes +€9,785
up €9,785 (+265.7%), from €3,683 to €13,468
- Write-downs +€4,660
new in 2025: €4,660
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 | €65,888 | €115,063 | +€49,175 | +74.6% |
| Fixed assets | 21/28 | €2,228 | €2,640 | +€412 | +18.5% |
| Tangible fixed assets | 22/27 | €2,023 | €2,435 | +€412 | +20.4% |
| Plant, machinery and equipment | 23 | €843 | €1,855 | +€1,012 | +120.1% |
| Furniture and vehicles | 24 | €1,180 | €580 | -€600 | -50.8% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €63,660 | €112,423 | +€48,763 | +76.6% |
| Stocks and contracts in progress | 3 | €12,287 | €18,528 | +€6,241 | +50.8% |
| Stocks | 30/36 | €11,915 | €7,681 | -€4,234 | -35.5% |
| Contracts in progress | 37 | €372 | €10,847 | +€10,475 | +2815.6% |
| Amounts receivable within one year | 40/41 | €36,124 | €17,663 | -€18,461 | -51.1% |
| Trade receivables | 40 | €24,603 | €17,507 | -€7,096 | -28.8% |
| Other amounts receivable | 41 | €11,521 | €156 | -€11,365 | -98.6% |
| Cash at bank and in hand | 54/58 | €13,000 | €69,933 | +€56,933 | +437.9% |
| Deferred charges and accrued income | 490/1 | €2,249 | €6,299 | +€4,050 | +180.1% |
| Total equity and liabilities | 10/49 | €65,888 | €115,063 | +€49,175 | +74.6% |
| Equity | 10/15 | €11,356 | €42,250 | +€30,894 | +272.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €15,000 | +€15,000 | |
| Distributable reserves | 133 | - | €15,000 | +€15,000 | |
| Profit (loss) carried forward | 14 | €6,356 | €22,250 | +€15,894 | +250.0% |
| Amounts payable | 17/49 | €54,532 | €72,813 | +€18,282 | +33.5% |
| Amounts payable within one year | 42/48 | €54,532 | €72,813 | +€18,282 | +33.5% |
| Trade debts | 44 | €20,003 | €20,957 | +€955 | +4.8% |
| Suppliers | 440/4 | €20,003 | €20,957 | +€955 | +4.8% |
| Advances received on contracts in progress | 46 | €5,469 | €9,749 | +€4,280 | +78.3% |
| Taxes, remuneration and social security | 45 | €13,060 | €30,565 | +€17,505 | +134.0% |
| Taxes | 450/3 | €9,091 | €24,431 | +€15,340 | +168.7% |
| Remuneration and social security | 454/9 | €3,969 | €6,134 | +€2,164 | +54.5% |
| Other amounts payable | 47/48 | €16,000 | €11,542 | -€4,458 | -27.9% |
| Remuneration, social security and pensions | 62 | €82,697 | €64,766 | -€17,932 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,052 | €1,189 | +€137 | +13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,660 | +€4,660 | |
| Other operating charges | 640/8 | €1,171 | €1,180 | +€9 | +0.8% |
| Gross operating margin | 9900 | €113,439 | €129,045 | +€15,605 | +13.8% |
| Operating profit (loss) | 9901 | €28,519 | €57,250 | +€28,730 | +100.7% |
| Financial income | 75/76B | €656 | €281 | -€376 | -57.3% |
| Recurring financial income | 75 | €656 | €281 | -€376 | -57.3% |
| Financial charges | 65/66B | €3,137 | €2,668 | -€468 | -14.9% |
| Recurring financial charges | 65 | €3,137 | €2,668 | -€468 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €26,039 | €54,862 | +€28,823 | +110.7% |
| Income taxes | 67/77 | €3,683 | €13,468 | +€9,785 | +265.7% |
| Profit (loss) for the period | 9904 | €22,356 | €41,394 | +€19,037 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,356 | €41,394 | +€19,037 | +85.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.