L-SHOP: 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-SHOP
Largest movements
- Receivables within one year -€82,929
down €82,929 (-71.4%), from €116,071 to €33,142
of which Trade receivables: -€86,205
- Cash +€57,129
up €57,129 (+512%), from €11,157 to €68,286
mainly Receivables within one year (+€82,929) and Net result for the year (+€6,543)
- Trade debts -€31,111
down €31,111 (-42.1%), from €73,968 to €42,857
- Profit (loss) carried forward +€6,543
up €6,543 (+16.4%), from €39,875 to €46,418
- Staff costs +€18,069
up €18,069 (+72.9%), from €24,782 to €42,851
- Other operating charges -€7,978
down €7,978 (-74.5%), from €10,715 to €2,736
- Gross operating margin +€6,573
up €6,573 (+13.6%), from €48,466 to €55,039
- Financial income -€1,082
no longer reported in 2025 (was €1,082)
- Taxes -€939
down €939 (-26.6%), from €3,532 to €2,593
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 | €142,094 | €117,192 | -€24,901 | -17.5% |
| Current assets | 29/58 | €142,094 | €117,192 | -€24,901 | -17.5% |
| Stocks and contracts in progress | 3 | €14,866 | €15,764 | +€899 | +6.0% |
| Stocks | 30/36 | €14,866 | €15,764 | +€899 | +6.0% |
| Amounts receivable within one year | 40/41 | €116,071 | €33,142 | -€82,929 | -71.4% |
| Trade receivables | 40 | €111,065 | €24,860 | -€86,205 | -77.6% |
| Other amounts receivable | 41 | €5,006 | €8,283 | +€3,277 | +65.5% |
| Cash at bank and in hand | 54/58 | €11,157 | €68,286 | +€57,129 | +512% |
| Total equity and liabilities | 10/49 | €142,094 | €117,192 | -€24,901 | -17.5% |
| Equity | 10/15 | €54,875 | €61,418 | +€6,543 | +11.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,875 | €46,418 | +€6,543 | +16.4% |
| Amounts payable | 17/49 | €87,218 | €55,774 | -€31,444 | -36.1% |
| Amounts payable within one year | 42/48 | €87,218 | €55,774 | -€31,444 | -36.1% |
| Trade debts | 44 | €73,968 | €42,857 | -€31,111 | -42.1% |
| Suppliers | 440/4 | €73,968 | €42,857 | -€31,111 | -42.1% |
| Taxes, remuneration and social security | 45 | €13,110 | €12,917 | -€193 | -1.5% |
| Taxes | 450/3 | €4,238 | €2,751 | -€1,487 | -35.1% |
| Remuneration and social security | 454/9 | €8,873 | €10,166 | +€1,294 | +14.6% |
| Other amounts payable | 47/48 | €140 | - | -€140 | |
| Remuneration, social security and pensions | 62 | €24,782 | €42,851 | +€18,069 | +72.9% |
| Other operating charges | 640/8 | €10,715 | €2,736 | -€7,978 | -74.5% |
| Gross operating margin | 9900 | €48,466 | €55,039 | +€6,573 | +13.6% |
| Operating profit (loss) | 9901 | €12,969 | €9,452 | -€3,518 | -27.1% |
| Financial income | 75/76B | €1,082 | - | -€1,082 | |
| Recurring financial income | 75 | €1,082 | - | -€1,082 | |
| Financial charges | 65/66B | €615 | €316 | -€299 | -48.6% |
| Recurring financial charges | 65 | €615 | €316 | -€299 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €13,437 | €9,136 | -€4,301 | -32.0% |
| Income taxes | 67/77 | €3,532 | €2,593 | -€939 | -26.6% |
| Profit (loss) for the period | 9904 | €9,906 | €6,543 | -€3,363 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,906 | €6,543 | -€3,363 | -33.9% |
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 24 October 2026 via checked.be.