L.M.B.: 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.M.B.
Largest movements
- Tangible fixed assets -€4,649
down €4,649 (-3.6%), from €127,864 to €123,215
of which Furniture and vehicles: -€2,413
- Deferred charges and accrued income +€2,636
new in 2025: €2,636
- Profit (loss) carried forward -€9,067
down €9,067 (-10.2%), from -€89,153 to -€98,221
- Other debts +€5,681
up €5,681 (+3.7%), from €152,085 to €157,766
- Trade debts +€2,370
up €2,370 (+891%), from €266 to €2,636
- Gross operating margin -€61,794
down €61,794, from €61,579 to -€215
- Other operating charges -€1,776
down €1,776 (-31.7%), from €5,596 to €3,820
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 | €128,033 | €126,382 | -€1,652 | -1.3% |
| Fixed assets | 21/28 | €127,882 | €123,233 | -€4,649 | -3.6% |
| Tangible fixed assets | 22/27 | €127,864 | €123,215 | -€4,649 | -3.6% |
| Land and buildings | 22 | €117,799 | €116,063 | -€1,736 | -1.5% |
| Plant, machinery and equipment | 23 | €3,781 | €3,281 | -€500 | -13.2% |
| Furniture and vehicles | 24 | €6,284 | €3,871 | -€2,413 | -38.4% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €151 | €3,149 | +€2,998 | +1,987% |
| Amounts receivable within one year | 40/41 | - | €24 | +€24 | |
| Other amounts receivable | 41 | - | €24 | +€24 | |
| Cash at bank and in hand | 54/58 | €151 | €488 | +€337 | +224% |
| Deferred charges and accrued income | 490/1 | - | €2,636 | +€2,636 | |
| Total equity and liabilities | 10/49 | €128,033 | €126,382 | -€1,652 | -1.3% |
| Equity | 10/15 | -€26,153 | -€35,221 | -€9,067 | -34.7% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€89,153 | -€98,221 | -€9,067 | -10.2% |
| Amounts payable | 17/49 | €154,187 | €161,602 | +€7,416 | +4.8% |
| Amounts payable within one year | 42/48 | €152,987 | €160,402 | +€7,416 | +4.8% |
| Trade debts | 44 | €266 | €2,636 | +€2,370 | +891% |
| Suppliers | 440/4 | €266 | €2,636 | +€2,370 | +891% |
| Taxes, remuneration and social security | 45 | €636 | €0 | -€636 | -100% |
| Taxes | 450/3 | €636 | €0 | -€636 | -100% |
| Other amounts payable | 47/48 | €152,085 | €157,766 | +€5,681 | +3.7% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,649 | €4,649 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,596 | €3,820 | -€1,776 | -31.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €61,579 | -€215 | -€61,794 | |
| Operating profit (loss) | 9901 | €51,333 | -€8,685 | -€60,018 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €250 | €382 | +€132 | +52.9% |
| Recurring financial charges | 65 | €250 | €382 | +€132 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €51,083 | -€9,067 | -€60,151 | |
| Profit (loss) for the period | 9904 | €51,083 | -€9,067 | -€60,151 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,083 | -€9,067 | -€60,151 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.