L&L Projects: 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 Projects
Largest movements
- Deferred charges and accrued income +€100,011
up €100,011 (+10438.3%), from €958 to €100,969
- Short-term financial debts +€6.2m
up €6.2m (+8223.0%), from €75,297 to €6.3m
- Current portion of long-term debt -€5.3m
down €5.3m (-100.0%), from €5.3m to €0
- Profit (loss) carried forward -€1.1m
down €1.1m (-71.1%), from -€1.6m to -€2.7m
- Trade debts +€349,717
up €349,717 (+1475.1%), from €23,708 to €373,425
- Financial charges +€864,603
up €864,603 (+15673.0%), from €5,517 to €870,120
- Gross operating margin -€306,220
down €306,220, from €284,013 to -€22,207
- Other operating charges +€143,544
up €143,544 (+179.1%), from €80,142 to €223,687
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,700,246 | €6,865,326 | +€165,079 | +2.5% |
| Fixed assets | 21/28 | €6,693,412 | €6,719,239 | +€25,827 | +0.4% |
| Tangible fixed assets | 22/27 | €6,693,412 | €6,719,239 | +€25,827 | +0.4% |
| Land and buildings | 22 | €4,813,000 | €4,813,000 | = | 0.0% |
| Assets under construction and advance payments | 27 | €1,880,412 | €1,906,239 | +€25,827 | +1.4% |
| Current assets | 29/58 | €6,834 | €146,087 | +€139,252 | +2037.5% |
| Amounts receivable within one year | 40/41 | €5,870 | €45,066 | +€39,196 | +667.7% |
| Trade receivables | 40 | €5,870 | €45,066 | +€39,196 | +667.7% |
| Cash at bank and in hand | 54/58 | €6 | €52 | +€46 | +766.3% |
| Deferred charges and accrued income | 490/1 | €958 | €100,969 | +€100,011 | +10438.3% |
| Total equity and liabilities | 10/49 | €6,700,246 | €6,865,326 | +€165,079 | +2.5% |
| Equity | 10/15 | €237,929 | -€878,081 | -€1.1m | |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,458,000 | €1,458,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,570,071 | -€2,686,081 | -€1.1m | -71.1% |
| Amounts payable | 17/49 | €6,462,317 | €7,743,407 | +€1.3m | +19.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €6,462,317 | €7,743,407 | +€1.3m | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €5,300,000 | €0 | -€5.3m | -100.0% |
| Financial debts | 43 | €75,297 | €6,267,041 | +€6.2m | +8223.0% |
| Credit institutions | 430/8 | €75,297 | €6,267,041 | +€6.2m | +8223.0% |
| Trade debts | 44 | €23,708 | €373,425 | +€349,717 | +1475.1% |
| Suppliers | 440/4 | €23,708 | €373,425 | +€349,717 | +1475.1% |
| Other amounts payable | 47/48 | €1,063,312 | €1,102,941 | +€39,630 | +3.7% |
| Non-recurring operating income | 76A | €305,000 | €0 | -€305,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €80,142 | €223,687 | +€143,544 | +179.1% |
| Gross operating margin | 9900 | €284,013 | -€22,207 | -€306,220 | |
| Operating profit (loss) | 9901 | €203,870 | -€245,894 | -€449,764 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +30600.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +30600.0% |
| Financial charges | 65/66B | €5,517 | €870,120 | +€864,603 | +15673.0% |
| Recurring financial charges | 65 | €5,517 | €870,120 | +€864,603 | +15673.0% |
| Profit (loss) for the period before taxes | 9903 | €198,354 | -€1,116,010 | -€1.3m | |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €198,354 | -€1,116,010 | -€1.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €198,354 | -€1,116,010 | -€1.3m |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.