L.M.B. ELECTRO: 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. ELECTRO
Largest movements
- Receivables within one year -€14,964
down €14,964 (-60.6%), from €24,712 to €9,748
of which Trade receivables: -€11,715
- Cash +€3,006
up €3,006 (+3.4%), from €88,284 to €91,289
mainly Net result for the year (+€15,896) and Receivables within one year (+€14,964)
- Other debts -€26,295
down €26,295 (-93.0%), from €28,277 to €1,982
- Reserves +€15,000
up €15,000 (+25.9%), from €57,859 to €72,859
of which Distributable reserves: +€15,000
- Trade debts -€1,925
down €1,925 (-16.2%), from €11,848 to €9,923
- Staff costs -€6,877
no longer reported in 2025 (was €6,877)
- Gross operating margin +€5,803
up €5,803 (+26.7%), from €21,713 to €27,516
- Taxes +€4,149
up €4,149 (+111%), from €3,736 to €7,885
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 | €115,772 | €103,424 | -€12,348 | -10.7% |
| Fixed assets | 21/28 | €2,025 | €1,167 | -€857 | -42.3% |
| Tangible fixed assets | 22/27 | €1,905 | €1,047 | -€857 | -45.0% |
| Plant, machinery and equipment | 23 | €928 | €580 | -€348 | -37.5% |
| Furniture and vehicles | 24 | €976 | €467 | -€509 | -52.2% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €113,747 | €102,257 | -€11,490 | -10.1% |
| Amounts receivable within one year | 40/41 | €24,712 | €9,748 | -€14,964 | -60.6% |
| Trade receivables | 40 | €18,666 | €6,951 | -€11,715 | -62.8% |
| Other amounts receivable | 41 | €6,046 | €2,797 | -€3,248 | -53.7% |
| Cash at bank and in hand | 54/58 | €88,284 | €91,289 | +€3,006 | +3.4% |
| Deferred charges and accrued income | 490/1 | €752 | €1,219 | +€467 | +62.2% |
| Total equity and liabilities | 10/49 | €115,772 | €103,424 | -€12,348 | -10.7% |
| Equity | 10/15 | €74,782 | €90,678 | +€15,896 | +21.3% |
| Contributions | 10/11 | €15,487 | €15,487 | = | 0.0% |
| Reserves | 13 | €57,859 | €72,859 | +€15,000 | +25.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €56,000 | €71,000 | +€15,000 | +26.8% |
| Profit (loss) carried forward | 14 | €1,436 | €2,331 | +€896 | +62.4% |
| Amounts payable | 17/49 | €40,990 | €12,746 | -€28,243 | -68.9% |
| Amounts payable within one year | 42/48 | €40,990 | €12,746 | -€28,243 | -68.9% |
| Financial debts | 43 | €833 | €833 | = | 0.0% |
| Credit institutions | 430/8 | €833 | €833 | = | 0.0% |
| Trade debts | 44 | €11,848 | €9,923 | -€1,925 | -16.2% |
| Suppliers | 440/4 | €11,848 | €9,923 | -€1,925 | -16.2% |
| Taxes, remuneration and social security | 45 | €32 | €8 | -€24 | -75.0% |
| Taxes | 450/3 | €32 | €8 | -€24 | -75.0% |
| Other amounts payable | 47/48 | €28,277 | €1,982 | -€26,295 | -93.0% |
| Remuneration, social security and pensions | 62 | €6,877 | - | -€6,877 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €625 | €857 | +€232 | +37.1% |
| Other operating charges | 640/8 | €1,083 | €1,256 | +€173 | +16.0% |
| Non-recurring operating charges | 66A | - | €599 | +€599 | |
| Gross operating margin | 9900 | €21,713 | €27,516 | +€5,803 | +26.7% |
| Operating profit (loss) | 9901 | €13,128 | €24,804 | +€11,676 | +88.9% |
| Financial income | 75/76B | €34 | €52 | +€18 | +53.8% |
| Recurring financial income | 75 | €34 | €52 | +€18 | +53.8% |
| Financial charges | 65/66B | €1,018 | €1,076 | +€58 | +5.7% |
| Recurring financial charges | 65 | €1,018 | €1,076 | +€58 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €12,144 | €23,781 | +€11,637 | +95.8% |
| Income taxes | 67/77 | €3,736 | €7,885 | +€4,149 | +111% |
| Profit (loss) for the period | 9904 | €8,408 | €15,896 | +€7,488 | +89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,408 | €15,896 | +€7,488 | +89.1% |
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 18 October 2026 via checked.be.