L.M. CHASSIS: 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. CHASSIS
Largest movements
- Tangible fixed assets -€66,298
down €66,298 (-71.3%), from €92,971 to €26,673
of which Furniture and vehicles: -€61,847
- Cash +€9,620
up €9,620 (+124%), from €7,733 to €17,353
mainly Investment in fixed assets (net) (+€60,524) and Other debts (+€7,695)
- Stocks and contracts +€4,385
up €4,385 (+597%), from €735 to €5,119
- Trade debts -€28,024
down €28,024 (-68.8%), from €40,716 to €12,692
- Short-term financial debts -€18,265
down €18,265 (-100%), from €18,265 to €0
- Tax, wage and social debts -€10,618
down €10,618 (-100%), from €10,618 to €0
of which Remuneration and social security: -€7,246
- Other debts +€7,695
up €7,695 (+7.5%), from €102,189 to €109,885
- Profit (loss) carried forward -€3,826
down €3,826 (-4.6%), from -€83,048 to -€86,874
- Depreciation -€23,177
down €23,177 (-80.1%), from €28,951 to €5,774
- Staff costs -€19,874
down €19,874 (-55.6%), from €35,729 to €15,855
- Gross operating margin -€15,868
down €15,868 (-39.5%), from €40,157 to €24,289
- Other operating charges -€2,206
down €2,206 (-39.9%), from €5,523 to €3,317
- Financial charges -€873
down €873 (-25.7%), from €3,392 to €2,520
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 | €109,824 | €56,350 | -€53,474 | -48.7% |
| Fixed assets | 21/28 | €92,971 | €26,673 | -€66,298 | -71.3% |
| Tangible fixed assets | 22/27 | €92,971 | €26,673 | -€66,298 | -71.3% |
| Land and buildings | 22 | €27,556 | €23,619 | -€3,937 | -14.3% |
| Plant, machinery and equipment | 23 | €854 | €339 | -€515 | -60.3% |
| Furniture and vehicles | 24 | €64,562 | €2,715 | -€61,847 | -95.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €16,853 | €29,677 | +€12,824 | +76.1% |
| Stocks and contracts in progress | 3 | €735 | €5,119 | +€4,385 | +597% |
| Stocks | 30/36 | €735 | €5,119 | +€4,385 | +597% |
| Amounts receivable within one year | 40/41 | €5,482 | €5,292 | -€190 | -3.5% |
| Trade receivables | 40 | €5,456 | €4,872 | -€585 | -10.7% |
| Other amounts receivable | 41 | €26 | €420 | +€395 | +1,531% |
| Cash at bank and in hand | 54/58 | €7,733 | €17,353 | +€9,620 | +124% |
| Deferred charges and accrued income | 490/1 | €2,903 | €1,913 | -€990 | -34.1% |
| Total equity and liabilities | 10/49 | €109,824 | €56,350 | -€53,474 | -48.7% |
| Equity | 10/15 | -€62,588 | -€66,414 | -€3,826 | -6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,048 | -€86,874 | -€3,826 | -4.6% |
| Amounts payable | 17/49 | €172,413 | €122,764 | -€49,649 | -28.8% |
| Amounts payable within one year | 42/48 | €171,787 | €122,577 | -€49,210 | -28.6% |
| Financial debts | 43 | €18,265 | €0 | -€18,265 | -100% |
| Credit institutions | 430/8 | €18,265 | €0 | -€18,265 | -100% |
| Trade debts | 44 | €40,716 | €12,692 | -€28,024 | -68.8% |
| Suppliers | 440/4 | €40,716 | €12,692 | -€28,024 | -68.8% |
| Taxes, remuneration and social security | 45 | €10,618 | €0 | -€10,618 | -100% |
| Taxes | 450/3 | €3,372 | €0 | -€3,372 | -100% |
| Remuneration and social security | 454/9 | €7,246 | €0 | -€7,246 | -100% |
| Other amounts payable | 47/48 | €102,189 | €109,885 | +€7,695 | +7.5% |
| Accrued charges and deferred income | 492/3 | €625 | €187 | -€438 | -70.1% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €35,729 | €15,855 | -€19,874 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,951 | €5,774 | -€23,177 | -80.1% |
| Other operating charges | 640/8 | €5,523 | €3,317 | -€2,206 | -39.9% |
| Gross operating margin | 9900 | €40,157 | €24,289 | -€15,868 | -39.5% |
| Operating profit (loss) | 9901 | -€30,046 | -€658 | +€29,388 | +97.8% |
| Financial income | 75/76B | €47 | €29 | -€18 | -38.8% |
| Recurring financial income | 75 | €47 | €29 | -€18 | -38.8% |
| Financial charges | 65/66B | €3,392 | €2,520 | -€873 | -25.7% |
| Recurring financial charges | 65 | €3,392 | €2,520 | -€873 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | -€33,392 | -€3,149 | +€30,243 | +90.6% |
| Income taxes | 67/77 | €77 | €677 | +€600 | +779% |
| Profit (loss) for the period | 9904 | -€33,469 | -€3,826 | +€29,644 | +88.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,469 | -€3,826 | +€29,644 | +88.6% |
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.