L&U LAW: 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&U LAW
Largest movements
- Receivables within one year +€128,131
up €128,131 (+1,027%), from €12,475 to €140,605
of which Trade receivables: +€140,468
- Cash -€91,686
down €91,686 (-26.9%), from €341,171 to €249,485
mainly Contributions, distributions and other (-€299,536) and Receivables within one year (-€128,131)
- Tax, wage and social debts +€39,386
up €39,386 (+487%), from €8,083 to €47,469
- Gross operating margin +€231,655
up €231,655 (+134%), from €172,275 to €403,930
- Taxes +€64,728
up €64,728 (+165%), from €39,162 to €103,890
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 | €353,683 | €391,974 | +€38,291 | +10.8% |
| Fixed assets | 21/28 | - | €1,696 | +€1,696 | |
| Tangible fixed assets | 22/27 | - | €1,696 | +€1,696 | |
| Furniture and vehicles | 24 | - | €1,696 | +€1,696 | |
| Current assets | 29/58 | €353,683 | €390,278 | +€36,595 | +10.3% |
| Amounts receivable within one year | 40/41 | €12,475 | €140,605 | +€128,131 | +1,027% |
| Trade receivables | 40 | - | €140,468 | +€140,468 | |
| Other amounts receivable | 41 | €12,475 | €138 | -€12,337 | -98.9% |
| Cash at bank and in hand | 54/58 | €341,171 | €249,485 | -€91,686 | -26.9% |
| Deferred charges and accrued income | 490/1 | €36 | €187 | +€150 | +413% |
| Total equity and liabilities | 10/49 | €353,683 | €391,974 | +€38,291 | +10.8% |
| Equity | 10/15 | €210,466 | €210,466 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €208,466 | €208,466 | = | 0.0% |
| Distributable reserves | 133 | €208,466 | €208,466 | = | 0.0% |
| Amounts payable | 17/49 | €143,216 | €181,507 | +€38,291 | +26.7% |
| Amounts payable within one year | 42/48 | €143,216 | €181,507 | +€38,291 | +26.7% |
| Trade debts | 44 | €168 | €2,064 | +€1,895 | +1,125% |
| Suppliers | 440/4 | €168 | €2,064 | +€1,895 | +1,125% |
| Taxes, remuneration and social security | 45 | €8,083 | €47,469 | +€39,386 | +487% |
| Taxes | 450/3 | €8,083 | €47,469 | +€39,386 | +487% |
| Other amounts payable | 47/48 | €134,965 | €131,975 | -€2,990 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €19 | +€19 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €172,275 | €403,930 | +€231,655 | +134% |
| Operating profit (loss) | 9901 | €171,888 | €403,512 | +€231,624 | +135% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €54 | €85 | +€31 | +58.0% |
| Recurring financial charges | 65 | €54 | €85 | +€31 | +58.0% |
| Profit (loss) for the period before taxes | 9903 | €171,841 | €403,427 | +€231,586 | +135% |
| Income taxes | 67/77 | €39,162 | €103,890 | +€64,728 | +165% |
| Profit (loss) for the period | 9904 | €132,679 | €299,536 | +€166,857 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €132,679 | €299,536 | +€166,857 | +126% |
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.