L&LG: 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&LG
Largest movements
- Cash -€5,033
down €5,033 (-26.4%), from €19,068 to €14,035
mainly Trade debts (-€6,119) and Investment in fixed assets (net) (-€611)
- Receivables within one year -€900
down €900 (-3.9%), from €23,115 to €22,215
of which Other amounts receivable: -€17,400
- Trade debts -€6,119
down €6,119 (-82.6%), from €7,404 to €1,285
- Profit (loss) carried forward +€579
up €579 (+7.6%), from €7,595 to €8,174
- Gross operating margin -€8,253
down €8,253 (-40.5%), from €20,362 to €12,109
- Taxes -€4,339
down €4,339 (-55.3%), from €7,841 to €3,502
- Depreciation -€3,593
down €3,593 (-88.3%), from €4,068 to €475
- Other operating charges +€2,962
up €2,962 (+73.4%), from €4,034 to €6,996
- Financial charges +€727
up €727 (+171%), from €425 to €1,152
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 | €43,934 | €38,137 | -€5,797 | -13.2% |
| Fixed assets | 21/28 | €1,751 | €1,887 | +€136 | +7.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,564 | €1,700 | +€136 | +8.7% |
| Furniture and vehicles | 24 | €1,564 | €1,700 | +€136 | +8.7% |
| Financial fixed assets | 28 | €187 | €187 | = | 0.0% |
| Current assets | 29/58 | €42,183 | €36,250 | -€5,933 | -14.1% |
| Amounts receivable within one year | 40/41 | €23,115 | €22,215 | -€900 | -3.9% |
| Trade receivables | 40 | - | €16,500 | +€16,500 | |
| Other amounts receivable | 41 | €23,115 | €5,715 | -€17,400 | -75.3% |
| Cash at bank and in hand | 54/58 | €19,068 | €14,035 | -€5,033 | -26.4% |
| Total equity and liabilities | 10/49 | €43,934 | €38,137 | -€5,797 | -13.2% |
| Equity | 10/15 | €15,655 | €16,234 | +€579 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,595 | €8,174 | +€579 | +7.6% |
| Amounts payable | 17/49 | €28,279 | €21,903 | -€6,376 | -22.5% |
| Amounts payable within one year | 42/48 | €28,279 | €21,903 | -€6,376 | -22.5% |
| Trade debts | 44 | €7,404 | €1,285 | -€6,119 | -82.6% |
| Suppliers | 440/4 | €7,404 | €1,285 | -€6,119 | -82.6% |
| Taxes, remuneration and social security | 45 | €20,875 | €20,618 | -€257 | -1.2% |
| Taxes | 450/3 | €20,875 | €20,618 | -€257 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,068 | €475 | -€3,593 | -88.3% |
| Other operating charges | 640/8 | €4,034 | €6,996 | +€2,962 | +73.4% |
| Gross operating margin | 9900 | €20,362 | €12,109 | -€8,253 | -40.5% |
| Operating profit (loss) | 9901 | €12,260 | €4,638 | -€7,622 | -62.2% |
| Financial income | 75/76B | €916 | €595 | -€321 | -35.0% |
| Recurring financial income | 75 | €916 | €595 | -€321 | -35.0% |
| Financial charges | 65/66B | €425 | €1,152 | +€727 | +171% |
| Recurring financial charges | 65 | €425 | €1,152 | +€727 | +171% |
| Profit (loss) for the period before taxes | 9903 | €12,751 | €4,081 | -€8,670 | -68.0% |
| Income taxes | 67/77 | €7,841 | €3,502 | -€4,339 | -55.3% |
| Profit (loss) for the period | 9904 | €4,910 | €579 | -€4,331 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,910 | €579 | -€4,331 | -88.2% |
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 23 October 2026 via checked.be.