L&L TECHNICAL SERVICES: what changed
L&L TECHNICAL SERVICES
Largest movements
- Cash +€108,845
up €108,845 (+276%), from €39,429 to €148,274
mainly Net result for the year (+€48,301) and Trade debts (+€32,236)
- Stocks and contracts -€11,359
down €11,359 (-54.6%), from €20,816 to €9,457
- Receivables within one year -€6,216
down €6,216 (-18.2%), from €34,224 to €28,008
of which Other amounts receivable: -€3,722
- Tangible fixed assets +€5,042
up €5,042 (+33.7%), from €14,979 to €20,022
of which Plant, machinery and equipment: +€3,827
- Reserves +€48,301
up €48,301 (+91.4%), from €52,861 to €101,161
- Trade debts +€32,236
up €32,236 (+304%), from €10,598 to €42,834
- Tax, wage and social debts +€8,946
up €8,946 (+752%), from €1,189 to €10,136
- Other debts +€7,195
up €7,195 (+62.1%), from €11,585 to €18,780
- Gross operating margin +€24,491
up €24,491 (+43.5%), from €56,310 to €80,801
- Taxes +€8,390
up €8,390 (+53.9%), from €15,556 to €23,946
- Write-downs -€1,999
no longer reported in 2025 (was €1,999)
- Depreciation +€1,663
up €1,663 (+32.0%), from €5,200 to €6,863
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,899 | €206,511 | +€96,612 | +87.9% |
| Fixed assets | 21/28 | €15,429 | €20,472 | +€5,042 | +32.7% |
| Tangible fixed assets | 22/27 | €14,979 | €20,022 | +€5,042 | +33.7% |
| Plant, machinery and equipment | 23 | €6,513 | €10,341 | +€3,827 | +58.8% |
| Furniture and vehicles | 24 | €8,466 | €9,681 | +€1,215 | +14.3% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €94,470 | €186,039 | +€91,570 | +96.9% |
| Stocks and contracts in progress | 3 | €20,816 | €9,457 | -€11,359 | -54.6% |
| Stocks | 30/36 | €20,816 | €9,457 | -€11,359 | -54.6% |
| Amounts receivable within one year | 40/41 | €34,224 | €28,008 | -€6,216 | -18.2% |
| Trade receivables | 40 | €24,970 | €22,475 | -€2,494 | -10.0% |
| Other amounts receivable | 41 | €9,255 | €5,533 | -€3,722 | -40.2% |
| Cash at bank and in hand | 54/58 | €39,429 | €148,274 | +€108,845 | +276% |
| Deferred charges and accrued income | 490/1 | - | €300 | +€300 | |
| Total equity and liabilities | 10/49 | €109,899 | €206,511 | +€96,612 | +87.9% |
| Equity | 10/15 | €71,461 | €119,761 | +€48,301 | +67.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,861 | €101,161 | +€48,301 | +91.4% |
| Distributable reserves | 133 | €52,861 | €101,161 | +€48,301 | +91.4% |
| Amounts payable | 17/49 | €38,438 | €86,749 | +€48,311 | +126% |
| Amounts payable within one year | 42/48 | €38,438 | €86,749 | +€48,311 | +126% |
| Current portion of amounts payable after more than one year | 42 | €15,066 | €15,000 | -€66 | -0.4% |
| Trade debts | 44 | €10,598 | €42,834 | +€32,236 | +304% |
| Suppliers | 440/4 | €10,598 | €42,834 | +€32,236 | +304% |
| Taxes, remuneration and social security | 45 | €1,189 | €10,136 | +€8,946 | +752% |
| Taxes | 450/3 | €1,189 | €10,136 | +€8,946 | +752% |
| Other amounts payable | 47/48 | €11,585 | €18,780 | +€7,195 | +62.1% |
| Remuneration, social security and pensions | 62 | €1,267 | €775 | -€492 | -38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,200 | €6,863 | +€1,663 | +32.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,999 | - | -€1,999 | |
| Other operating charges | 640/8 | €395 | €405 | +€10 | +2.4% |
| Gross operating margin | 9900 | €56,310 | €80,801 | +€24,491 | +43.5% |
| Operating profit (loss) | 9901 | €47,448 | €72,757 | +€25,309 | +53.3% |
| Financial income | 75/76B | €44 | - | -€44 | |
| Recurring financial income | 75 | €44 | - | -€44 | |
| Financial charges | 65/66B | €472 | €510 | +€38 | +8.1% |
| Recurring financial charges | 65 | €472 | €510 | +€38 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €47,020 | €72,247 | +€25,227 | +53.7% |
| Income taxes | 67/77 | €15,556 | €23,946 | +€8,390 | +53.9% |
| Profit (loss) for the period | 9904 | €31,464 | €48,301 | +€16,837 | +53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,464 | €48,301 | +€16,837 | +53.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.