L.R.: 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.R.
Largest movements
- Cash +€1,729
up €1,729 (+34.7%), from €4,981 to €6,710
mainly Net result for the year (+€1,726) and Tax, wage and social debts (+€628)
- Tangible fixed assets -€465
down €465 (-3.5%), from €13,393 to €12,928
- Profit (loss) carried forward +€1,726
up €1,726 (+53.4%), from -€3,233 to -€1,508
- Other debts -€1,000
down €1,000 (-78.0%), from €1,282 to €282
- Tax, wage and social debts +€628
up €628 (+187.5%), from €335 to €963
- Gross operating margin +€987
up €987 (+36.8%), from €2,680 to €3,668
- Taxes +€293
up €293 (+87.5%), from €335 to €628
- Depreciation -€201
down €201 (-30.1%), from €666 to €465
- Financial charges +€44
up €44 (+65.9%), from €66 to €110
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.
Cash bridge derived
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 | €18,374 | €19,638 | +€1,263 | +6.9% |
| Fixed assets | 21/28 | €13,393 | €12,928 | -€465 | -3.5% |
| Tangible fixed assets | 22/27 | €13,393 | €12,928 | -€465 | -3.5% |
| Land and buildings | 22 | €13,393 | €12,928 | -€465 | -3.5% |
| Current assets | 29/58 | €4,981 | €6,710 | +€1,729 | +34.7% |
| Cash at bank and in hand | 54/58 | €4,981 | €6,710 | +€1,729 | +34.7% |
| Total equity and liabilities | 10/49 | €18,374 | €19,638 | +€1,263 | +6.9% |
| Equity | 10/15 | €15,359 | €17,084 | +€1,726 | +11.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,233 | -€1,508 | +€1,726 | +53.4% |
| Amounts payable | 17/49 | €3,016 | €2,553 | -€462 | -15.3% |
| Amounts payable within one year | 42/48 | €3,016 | €2,510 | -€506 | -16.8% |
| Trade debts | 44 | €1,399 | €1,265 | -€134 | -9.6% |
| Suppliers | 440/4 | €1,399 | €1,265 | -€134 | -9.6% |
| Taxes, remuneration and social security | 45 | €335 | €963 | +€628 | +187.5% |
| Taxes | 450/3 | €335 | €963 | +€628 | +187.5% |
| Other amounts payable | 47/48 | €1,282 | €282 | -€1,000 | -78.0% |
| Accrued charges and deferred income | 492/3 | - | €44 | +€44 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €666 | €465 | -€201 | -30.1% |
| Other operating charges | 640/8 | €719 | €739 | +€20 | +2.8% |
| Gross operating margin | 9900 | €2,680 | €3,668 | +€987 | +36.8% |
| Operating profit (loss) | 9901 | €1,296 | €2,463 | +€1,168 | +90.1% |
| Financial charges | 65/66B | €66 | €110 | +€44 | +65.9% |
| Recurring financial charges | 65 | €66 | €110 | +€44 | +65.9% |
| Profit (loss) for the period before taxes | 9903 | €1,230 | €2,354 | +€1,124 | +91.4% |
| Income taxes | 67/77 | €335 | €628 | +€293 | +87.5% |
| Profit (loss) for the period | 9904 | €895 | €1,726 | +€831 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €895 | €1,726 | +€831 | +92.9% |
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 11 October 2026 via checked.be.