L.M PLOMBERIE: 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 PLOMBERIE
Largest movements
- Cash -€24,447
down €24,447 (-64.8%), from €37,740 to €13,293
mainly Advances received (-€12,745) and Other debts (-€12,500)
- Tangible fixed assets -€9,546
down €9,546 (-22.9%), from €41,740 to €32,194
of which Furniture and vehicles: -€6,154
- Intangible fixed assets +€7,732
up €7,732 (+25.9%), from €29,826 to €37,558
- Receivables within one year +€2,270
up €2,270 (+7.5%), from €30,239 to €32,509
of which Trade receivables: +€7,708
- Advances received -€12,745
down €12,745 (-99.2%), from €12,849 to €104
- Other debts -€12,500
no longer reported in 2025 (was €12,500)
- Trade debts +€6,770
up €6,770 (+44.9%), from €15,073 to €21,843
of which Suppliers: +€8,065
- Tax, wage and social debts -€4,428
down €4,428 (-44.0%), from €10,058 to €5,630
of which Taxes: -€6,898
- Debts after one year -€3,575
down €3,575 (-34.0%), from €10,501 to €6,927
- Gross operating margin -€34,898
down €34,898 (-62.4%), from €55,909 to €21,011
- Depreciation +€5,520
up €5,520 (+75.2%), from €7,344 to €12,864
- Taxes -€4,969
down €4,969 (-69.5%), from €7,154 to €2,185
- Other operating charges -€2,473
down €2,473 (-72.0%), from €3,434 to €961
- Staff costs +€1,253
new in 2025: €1,253
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 | €145,424 | €122,511 | -€22,913 | -15.8% |
| Fixed assets | 21/28 | €71,786 | €70,172 | -€1,614 | -2.2% |
| Intangible fixed assets | 21 | €29,826 | €37,558 | +€7,732 | +25.9% |
| Tangible fixed assets | 22/27 | €41,740 | €32,194 | -€9,546 | -22.9% |
| Land and buildings | 22 | €23,513 | €20,121 | -€3,392 | -14.4% |
| Furniture and vehicles | 24 | €18,227 | €12,073 | -€6,154 | -33.8% |
| Financial fixed assets | 28 | €220 | €420 | +€200 | +90.9% |
| Current assets | 29/58 | €73,638 | €52,339 | -€21,299 | -28.9% |
| Stocks and contracts in progress | 3 | €5,505 | €5,282 | -€224 | -4.1% |
| Stocks | 30/36 | €5,505 | €5,282 | -€224 | -4.1% |
| Amounts receivable within one year | 40/41 | €30,239 | €32,509 | +€2,270 | +7.5% |
| Trade receivables | 40 | €15,520 | €23,228 | +€7,708 | +49.7% |
| Other amounts receivable | 41 | €14,720 | €9,281 | -€5,438 | -36.9% |
| Cash at bank and in hand | 54/58 | €37,740 | €13,293 | -€24,447 | -64.8% |
| Deferred charges and accrued income | 490/1 | €153 | €1,255 | +€1,102 | +721% |
| Total equity and liabilities | 10/49 | €145,424 | €122,511 | -€22,913 | -15.8% |
| Equity | 10/15 | €81,004 | €84,433 | +€3,429 | +4.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,004 | €82,433 | +€3,429 | +4.3% |
| Amounts payable | 17/49 | €64,419 | €38,078 | -€26,341 | -40.9% |
| Amounts payable after more than one year | 17 | €10,501 | €6,927 | -€3,575 | -34.0% |
| Financial debts | 170/4 | €10,501 | €6,927 | -€3,575 | -34.0% |
| Amounts payable within one year | 42/48 | €53,918 | €31,152 | -€22,766 | -42.2% |
| Current portion of amounts payable after more than one year | 42 | €3,438 | €3,575 | +€137 | +4.0% |
| Trade debts | 44 | €15,073 | €21,843 | +€6,770 | +44.9% |
| Suppliers | 440/4 | €13,778 | €21,843 | +€8,065 | +58.5% |
| Bills of exchange payable | 441 | €1,295 | - | -€1,295 | |
| Advances received on contracts in progress | 46 | €12,849 | €104 | -€12,745 | -99.2% |
| Taxes, remuneration and social security | 45 | €10,058 | €5,630 | -€4,428 | -44.0% |
| Taxes | 450/3 | €9,958 | €3,060 | -€6,898 | -69.3% |
| Remuneration and social security | 454/9 | €100 | €2,570 | +€2,470 | +2,470% |
| Other amounts payable | 47/48 | €12,500 | - | -€12,500 | |
| Remuneration, social security and pensions | 62 | - | €1,253 | +€1,253 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,344 | €12,864 | +€5,520 | +75.2% |
| Other operating charges | 640/8 | €3,434 | €961 | -€2,473 | -72.0% |
| Gross operating margin | 9900 | €55,909 | €21,011 | -€34,898 | -62.4% |
| Operating profit (loss) | 9901 | €45,131 | €5,934 | -€39,197 | -86.9% |
| Financial income | 75/76B | €396 | €788 | +€393 | +99.2% |
| Recurring financial income | 75 | €396 | €788 | +€393 | +99.2% |
| Financial charges | 65/66B | €915 | €1,109 | +€193 | +21.1% |
| Recurring financial charges | 65 | €915 | €1,109 | +€193 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €44,612 | €5,613 | -€38,998 | -87.4% |
| Income taxes | 67/77 | €7,154 | €2,185 | -€4,969 | -69.5% |
| Profit (loss) for the period | 9904 | €37,457 | €3,429 | -€34,029 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,457 | €3,429 | -€34,029 | -90.8% |
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 1 November 2026 via checked.be.