L. PRODUCTIONS: what changed
L. PRODUCTIONS
Largest movements
- Receivables within one year +€36,479
up €36,479 (+69.2%), from €52,679 to €89,157
of which Trade receivables: +€25,506
- Cash -€21,071
down €21,071 (-87.6%), from €24,057 to €2,986
mainly Receivables within one year (-€36,479) and Current portion of long-term debt (-€25,971)
- Tangible fixed assets -€6,658
down €6,658 (-3.3%), from €202,528 to €195,870
of which Land and buildings: -€5,631
- Short-term financial debts +€29,986
up €29,986 (+3,002%), from €999 to €30,985
- Current portion of long-term debt -€25,971
down €25,971 (-63.2%), from €41,108 to €15,137
- Trade debts +€16,618
up €16,618 (+233%), from €7,124 to €23,742
- Debts after one year -€15,137
down €15,137 (-16.7%), from €90,908 to €75,771
- Tax, wage and social debts +€4,757
up €4,757 (+14.5%), from €32,702 to €37,459
of which Remuneration and social security: +€6,793
- Gross operating margin -€61,229
down €61,229 (-47.7%), from €128,229 to €67,000
- Taxes -€17,240
down €17,240 (-87.4%), from €19,735 to €2,495
- Staff costs +€5,305
up €5,305 (+11.1%), from €47,793 to €53,098
- Other operating charges -€1,319
down €1,319 (-30.2%), from €4,366 to €3,047
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,683 | €313,981 | +€6,297 | +2.0% |
| Fixed assets | 21/28 | €203,308 | €196,650 | -€6,658 | -3.3% |
| Tangible fixed assets | 22/27 | €202,528 | €195,870 | -€6,658 | -3.3% |
| Land and buildings | 22 | €201,372 | €195,741 | -€5,631 | -2.8% |
| Plant, machinery and equipment | 23 | €848 | - | -€848 | |
| Furniture and vehicles | 24 | €307 | €129 | -€178 | -58.1% |
| Financial fixed assets | 28 | €780 | €780 | = | 0.0% |
| Current assets | 29/58 | €104,376 | €117,331 | +€12,955 | +12.4% |
| Stocks and contracts in progress | 3 | €24,821 | €25,188 | +€367 | +1.5% |
| Stocks | 30/36 | €24,821 | €25,188 | +€367 | +1.5% |
| Amounts receivable within one year | 40/41 | €52,679 | €89,157 | +€36,479 | +69.2% |
| Trade receivables | 40 | €4,013 | €29,519 | +€25,506 | +636% |
| Other amounts receivable | 41 | €48,666 | €59,639 | +€10,973 | +22.5% |
| Cash at bank and in hand | 54/58 | €24,057 | €2,986 | -€21,071 | -87.6% |
| Deferred charges and accrued income | 490/1 | €2,819 | - | -€2,819 | |
| Total equity and liabilities | 10/49 | €307,683 | €313,981 | +€6,297 | +2.0% |
| Equity | 10/15 | €132,586 | €128,630 | -€3,956 | -3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €126,386 | €126,386 | = | 0.0% |
| Distributable reserves | 133 | €126,386 | €126,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,956 | -€3,956 | |
| Amounts payable | 17/49 | €175,097 | €185,351 | +€10,253 | +5.9% |
| Amounts payable after more than one year | 17 | €90,908 | €75,771 | -€15,137 | -16.7% |
| Financial debts | 170/4 | €90,908 | €75,771 | -€15,137 | -16.7% |
| Amounts payable within one year | 42/48 | €84,189 | €109,580 | +€25,390 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €41,108 | €15,137 | -€25,971 | -63.2% |
| Financial debts | 43 | €999 | €30,985 | +€29,986 | +3,002% |
| Credit institutions | 430/8 | €999 | €30,985 | +€29,986 | +3,002% |
| Trade debts | 44 | €7,124 | €23,742 | +€16,618 | +233% |
| Suppliers | 440/4 | €7,124 | €23,742 | +€16,618 | +233% |
| Taxes, remuneration and social security | 45 | €32,702 | €37,459 | +€4,757 | +14.5% |
| Taxes | 450/3 | €27,530 | €25,494 | -€2,037 | -7.4% |
| Remuneration and social security | 454/9 | €5,171 | €11,965 | +€6,793 | +131% |
| Other amounts payable | 47/48 | €2,257 | €2,257 | = | 0.0% |
| Non-recurring operating income | 76A | €29,231 | - | -€29,231 | |
| Remuneration, social security and pensions | 62 | €47,793 | €53,098 | +€5,305 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,193 | €6,658 | -€536 | -7.4% |
| Other operating charges | 640/8 | €4,366 | €3,047 | -€1,319 | -30.2% |
| Gross operating margin | 9900 | €128,229 | €67,000 | -€61,229 | -47.7% |
| Operating profit (loss) | 9901 | €68,876 | €4,197 | -€64,679 | -93.9% |
| Financial income | 75/76B | €45 | €1,117 | +€1,071 | +2,359% |
| Recurring financial income | 75 | €45 | €1,117 | +€1,071 | +2,359% |
| Financial charges | 65/66B | €6,510 | €6,774 | +€264 | +4.1% |
| Recurring financial charges | 65 | €6,510 | €6,774 | +€264 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €62,411 | -€1,461 | -€63,872 | |
| Income taxes | 67/77 | €19,735 | €2,495 | -€17,240 | -87.4% |
| Profit (loss) for the period | 9904 | €42,676 | -€3,956 | -€46,632 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,676 | -€3,956 | -€46,632 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.