L2G Services: 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.
L2G Services
Largest movements
- Cash +€42,429
up €42,429 (+137%), from €30,892 to €73,321
mainly Net result for the year (+€89,203) and Other debts (+€77,470)
- Current investments +€25,000
up €25,000 (+33.3%), from €75,000 to €100,000
- Receivables within one year -€2,403
down €2,403 (-6.0%), from €40,009 to €37,605
of which Trade receivables: -€4,416
- Other debts +€77,470
up €77,470 (+101%), from €76,355 to €153,825
- Tax, wage and social debts -€13,944
down €13,944 (-59.7%), from €23,355 to €9,410
of which Remuneration and social security: -€8,000
- Gross operating margin +€44,065
up €44,065 (+60.5%), from €72,891 to €116,955
- Taxes +€9,139
up €9,139 (+59.8%), from €15,290 to €24,429
- Financial income -€2,850
down €2,850 (-65.5%), from €4,349 to €1,499
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 | €154,337 | €217,245 | +€62,907 | +40.8% |
| Fixed assets | 21/28 | €7,054 | €4,900 | -€2,154 | -30.5% |
| Tangible fixed assets | 22/27 | €7,054 | €4,900 | -€2,154 | -30.5% |
| Furniture and vehicles | 24 | €6,352 | €4,548 | -€1,804 | -28.4% |
| Other tangible fixed assets | 26 | €702 | €352 | -€350 | -49.9% |
| Current assets | 29/58 | €147,283 | €212,345 | +€65,062 | +44.2% |
| Amounts receivable within one year | 40/41 | €40,009 | €37,605 | -€2,403 | -6.0% |
| Trade receivables | 40 | €37,009 | €32,593 | -€4,416 | -11.9% |
| Other amounts receivable | 41 | €3,000 | €5,013 | +€2,013 | +67.1% |
| Current investments | 50/53 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €30,892 | €73,321 | +€42,429 | +137% |
| Deferred charges and accrued income | 490/1 | €1,382 | €1,418 | +€36 | +2.6% |
| Total equity and liabilities | 10/49 | €154,337 | €217,245 | +€62,907 | +40.8% |
| Equity | 10/15 | €52,636 | €52,639 | +€3 | 0.0% |
| Contributions | 10/11 | €50 | €50 | = | 0.0% |
| Reserves | 13 | €52,500 | €52,500 | = | 0.0% |
| Distributable reserves | 133 | €52,500 | €52,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86 | €89 | +€3 | +3.8% |
| Amounts payable | 17/49 | €101,701 | €164,605 | +€62,904 | +61.9% |
| Amounts payable within one year | 42/48 | €101,477 | €164,605 | +€63,129 | +62.2% |
| Trade debts | 44 | €1,767 | €1,370 | -€397 | -22.5% |
| Suppliers | 440/4 | €1,767 | €1,370 | -€397 | -22.5% |
| Taxes, remuneration and social security | 45 | €23,355 | €9,410 | -€13,944 | -59.7% |
| Taxes | 450/3 | €15,355 | €9,410 | -€5,944 | -38.7% |
| Remuneration and social security | 454/9 | €8,000 | - | -€8,000 | |
| Other amounts payable | 47/48 | €76,355 | €153,825 | +€77,470 | +101% |
| Accrued charges and deferred income | 492/3 | €224 | - | -€224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,665 | €3,389 | -€277 | -7.5% |
| Other operating charges | 640/8 | €554 | €1,398 | +€844 | +152% |
| Gross operating margin | 9900 | €72,891 | €116,955 | +€44,065 | +60.5% |
| Operating profit (loss) | 9901 | €68,671 | €112,169 | +€43,497 | +63.3% |
| Financial income | 75/76B | €4,349 | €1,499 | -€2,850 | -65.5% |
| Recurring financial income | 75 | €4,349 | €1,499 | -€2,850 | -65.5% |
| Financial charges | 65/66B | €124 | €36 | -€87 | -70.8% |
| Recurring financial charges | 65 | €124 | €36 | -€87 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €72,897 | €113,632 | +€40,735 | +55.9% |
| Income taxes | 67/77 | €15,290 | €24,429 | +€9,139 | +59.8% |
| Profit (loss) for the period | 9904 | €57,607 | €89,203 | +€31,596 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,607 | €89,203 | +€31,596 | +54.8% |
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 16 October 2026 via checked.be.