L.S. TRADE: 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.S. TRADE
Largest movements
- Receivables within one year +€7,757
up €7,757 (+41.2%), from €18,834 to €26,591
of which Trade receivables: +€5,658
- Cash +€2,933
up €2,933 (+24.7%), from €11,859 to €14,793
mainly Net result for the year (+€14,105) and Tax, wage and social debts (+€6,857)
- Tax, wage and social debts +€6,857
up €6,857 (+229%), from €3,000 to €9,857
of which Taxes: +€6,857
- Profit (loss) carried forward +€6,248
up €6,248 (+51.4%), from €12,167 to €18,415
- Trade debts -€5,426
down €5,426 (-70.1%), from €7,735 to €2,309
- Other debts +€2,796
up €2,796 (+103%), from €2,704 to €5,500
- Gross operating margin +€5,801
up €5,801 (+38.9%), from €14,907 to €20,708
- Taxes +€2,225
up €2,225 (+833%), from €267 to €2,492
- Depreciation -€382
down €382 (-29.6%), from €1,288 to €906
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 | €33,666 | €44,141 | +€10,475 | +31.1% |
| Fixed assets | 21/28 | €1,998 | €1,694 | -€303 | -15.2% |
| Tangible fixed assets | 22/27 | €1,998 | €1,694 | -€303 | -15.2% |
| Plant, machinery and equipment | 23 | €1,274 | €1,098 | -€176 | -13.8% |
| Furniture and vehicles | 24 | €724 | €596 | -€127 | -17.6% |
| Current assets | 29/58 | €31,668 | €42,447 | +€10,779 | +34.0% |
| Amounts receivable within one year | 40/41 | €18,834 | €26,591 | +€7,757 | +41.2% |
| Trade receivables | 40 | €15,772 | €21,430 | +€5,658 | +35.9% |
| Other amounts receivable | 41 | €3,062 | €5,161 | +€2,099 | +68.5% |
| Cash at bank and in hand | 54/58 | €11,859 | €14,793 | +€2,933 | +24.7% |
| Deferred charges and accrued income | 490/1 | €975 | €1,063 | +€89 | +9.1% |
| Total equity and liabilities | 10/49 | €33,666 | €44,141 | +€10,475 | +31.1% |
| Equity | 10/15 | €20,227 | €26,475 | +€6,248 | +30.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,167 | €18,415 | +€6,248 | +51.4% |
| Amounts payable | 17/49 | €13,439 | €17,666 | +€4,227 | +31.5% |
| Amounts payable within one year | 42/48 | €13,439 | €17,666 | +€4,227 | +31.5% |
| Trade debts | 44 | €7,735 | €2,309 | -€5,426 | -70.1% |
| Suppliers | 440/4 | €7,735 | €2,309 | -€5,426 | -70.1% |
| Taxes, remuneration and social security | 45 | €3,000 | €9,857 | +€6,857 | +229% |
| Taxes | 450/3 | - | €6,857 | +€6,857 | |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €2,704 | €5,500 | +€2,796 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,288 | €906 | -€382 | -29.6% |
| Other operating charges | 640/8 | €555 | €659 | +€105 | +18.8% |
| Gross operating margin | 9900 | €14,907 | €20,708 | +€5,801 | +38.9% |
| Operating profit (loss) | 9901 | €13,065 | €19,143 | +€6,078 | +46.5% |
| Financial income | 75/76B | - | €79 | +€79 | |
| Recurring financial income | 75 | - | €79 | +€79 | |
| Financial charges | 65/66B | €2,787 | €2,626 | -€161 | -5.8% |
| Recurring financial charges | 65 | €2,787 | €2,626 | -€161 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €10,278 | €16,597 | +€6,318 | +61.5% |
| Income taxes | 67/77 | €267 | €2,492 | +€2,225 | +833% |
| Profit (loss) for the period | 9904 | €10,011 | €14,105 | +€4,094 | +40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,011 | €14,105 | +€4,094 | +40.9% |
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 31 October 2026 via checked.be.