L & L SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets -€20,550
down €20,550 (-4.7%), from €440,307 to €419,757
- Reserves -€11,231
down €11,231 (-6.1%), from €185,015 to €173,784
of which Tax-exempt reserves: -€11,231
- Other debts -€8,570
down €8,570 (-3.0%), from €285,717 to €277,147
- Trade debts +€8,445
up €8,445 (+8,539%), from €99 to €8,544
- Tax, wage and social debts -€7,126
down €7,126 (-81.8%), from €8,713 to €1,587
- Profit (loss) carried forward +€6,451
up €6,451 (+5.2%), from -€124,443 to -€117,992
- Gross operating margin +€15,453
up €15,453 (+3,499%), from €442 to €15,894
- Financial charges -€7,622
down €7,622 (-80.5%), from €9,467 to €1,845
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 | €440,345 | €419,821 | -€20,525 | -4.7% |
| Fixed assets | 21/28 | €440,307 | €419,757 | -€20,550 | -4.7% |
| Tangible fixed assets | 22/27 | €440,307 | €419,757 | -€20,550 | -4.7% |
| Land and buildings | 22 | €440,307 | €419,757 | -€20,550 | -4.7% |
| Current assets | 29/58 | €38 | €64 | +€25 | +66.3% |
| Amounts receivable within one year | 40/41 | €5 | €5 | = | 0.0% |
| Other amounts receivable | 41 | €5 | €5 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33 | €59 | +€25 | +76.2% |
| Total equity and liabilities | 10/49 | €440,345 | €419,821 | -€20,525 | -4.7% |
| Equity | 10/15 | €79,172 | €74,392 | -€4,780 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €185,015 | €173,784 | -€11,231 | -6.1% |
| Tax-exempt reserves | 132 | €178,184 | €166,954 | -€11,231 | -6.3% |
| Distributable reserves | 133 | €6,830 | €6,830 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,443 | -€117,992 | +€6,451 | +5.2% |
| Provisions and deferred taxes | 16 | €59,395 | €55,651 | -€3,744 | -6.3% |
| Deferred taxes | 168 | €59,395 | €55,651 | -€3,744 | -6.3% |
| Amounts payable | 17/49 | €301,779 | €289,777 | -€12,002 | -4.0% |
| Amounts payable within one year | 42/48 | €294,529 | €287,277 | -€7,252 | -2.5% |
| Trade debts | 44 | €99 | €8,544 | +€8,445 | +8,539% |
| Suppliers | 440/4 | €99 | €8,544 | +€8,445 | +8,539% |
| Taxes, remuneration and social security | 45 | €8,713 | €1,587 | -€7,126 | -81.8% |
| Taxes | 450/3 | €8,713 | €1,587 | -€7,126 | -81.8% |
| Other amounts payable | 47/48 | €285,717 | €277,147 | -€8,570 | -3.0% |
| Accrued charges and deferred income | 492/3 | €7,250 | €2,500 | -€4,750 | -65.5% |
| Non-recurring operating income | 76A | - | €13,344 | +€13,344 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,550 | €20,550 | = | 0.0% |
| Other operating charges | 640/8 | €1,961 | €2,022 | +€61 | +3.1% |
| Gross operating margin | 9900 | €442 | €15,894 | +€15,453 | +3,499% |
| Operating profit (loss) | 9901 | -€22,070 | -€6,678 | +€15,392 | +69.7% |
| Financial charges | 65/66B | €9,467 | €1,845 | -€7,622 | -80.5% |
| Recurring financial charges | 65 | €9,467 | €1,845 | -€7,622 | -80.5% |
| Profit (loss) for the period before taxes | 9903 | -€31,537 | -€8,523 | +€23,013 | +73.0% |
| Transfer from deferred taxes | 780 | €3,744 | €3,744 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€27,793 | -€4,780 | +€23,013 | +82.8% |
| Transfer from tax-exempt reserves | 789 | €11,231 | €11,231 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,562 | €6,451 | +€23,013 |
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 13 October 2026 via checked.be.