L&N CONSTRUCTION: 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&N CONSTRUCTION
Largest movements
- Receivables within one year -€9,632
down €9,632 (-22.3%), from €43,189 to €33,557
- Stocks and contracts +€7,750
up €7,750 (+8.0%), from €97,190 to €104,940
- Accrued charges and deferred income -€92,345
no longer reported in 2025 (was €92,345)
- Other debts +€90,712
new in 2025: €90,712
- Profit (loss) carried forward -€1,432
down €1,432 (-6.6%), from €21,643 to €20,211
- Gross operating margin -€1,835
down €1,835, from €1,128 to -€707
- Taxes -€165
no longer reported in 2025 (was €165)
- Other operating charges +€13
up €13 (+3.2%), from €408 to €421
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 | €141,012 | €139,008 | -€2,004 | -1.4% |
| Fixed assets | 21/28 | €609 | €395 | -€214 | -35.2% |
| Tangible fixed assets | 22/27 | €609 | €395 | -€214 | -35.2% |
| Plant, machinery and equipment | 23 | €609 | €395 | -€214 | -35.2% |
| Current assets | 29/58 | €140,402 | €138,613 | -€1,790 | -1.3% |
| Stocks and contracts in progress | 3 | €97,190 | €104,940 | +€7,750 | +8.0% |
| Stocks | 30/36 | €97,190 | €104,940 | +€7,750 | +8.0% |
| Amounts receivable within one year | 40/41 | €43,189 | €33,557 | -€9,632 | -22.3% |
| Other amounts receivable | 41 | €43,189 | €33,557 | -€9,632 | -22.3% |
| Cash at bank and in hand | 54/58 | €23 | €116 | +€92 | +394% |
| Total equity and liabilities | 10/49 | €141,012 | €139,008 | -€2,004 | -1.4% |
| Equity | 10/15 | €48,413 | €46,981 | -€1,432 | -3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,170 | €8,170 | = | 0.0% |
| Distributable reserves | 133 | €8,170 | €8,170 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,643 | €20,211 | -€1,432 | -6.6% |
| Amounts payable | 17/49 | €92,599 | €92,027 | -€572 | -0.6% |
| Amounts payable within one year | 42/48 | €254 | €92,027 | +€91,773 | +36,140% |
| Trade debts | 44 | - | €1,150 | +€1,150 | |
| Suppliers | 440/4 | - | €1,150 | +€1,150 | |
| Taxes, remuneration and social security | 45 | €254 | €165 | -€89 | -34.9% |
| Taxes | 450/3 | €254 | €165 | -€89 | -34.9% |
| Other amounts payable | 47/48 | - | €90,712 | +€90,712 | |
| Accrued charges and deferred income | 492/3 | €92,345 | - | -€92,345 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214 | €214 | = | 0.0% |
| Other operating charges | 640/8 | €408 | €421 | +€13 | +3.2% |
| Gross operating margin | 9900 | €1,128 | -€707 | -€1,835 | |
| Operating profit (loss) | 9901 | €506 | -€1,342 | -€1,848 | |
| Financial charges | 65/66B | €90 | €90 | = | 0.0% |
| Recurring financial charges | 65 | €90 | €90 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €416 | -€1,432 | -€1,848 | |
| Income taxes | 67/77 | €165 | - | -€165 | |
| Profit (loss) for the period | 9904 | €251 | -€1,432 | -€1,683 | |
| Profit (loss) for the period to be appropriated | 9905 | €251 | -€1,432 | -€1,683 |
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.