L3M Belgium: what changed
L3M Belgium
Largest movements
- Cash +€8,413
up €8,413 (+204%), from €4,115 to €12,529
mainly Trade debts (+€5,169) and Depreciation (+€4,731)
- Tangible fixed assets -€4,731
down €4,731 (-94.1%), from €5,027 to €296
- Receivables within one year +€1,397
up €1,397 (+130%), from €1,073 to €2,470
of which Trade receivables: +€1,397
- Trade debts +€5,169
up €5,169 (+455%), from €1,137 to €6,306
- Other debts -€2,221
down €2,221 (-7.6%), from €29,176 to €26,955
- Profit (loss) carried forward +€2,130
up €2,130 (+7.8%), from -€27,227 to -€25,097
- Gross operating margin +€8,366
up €8,366, from -€769 to €7,597
- Other operating charges -€5,329
down €5,329 (-91.2%), from €5,843 to €515
- Depreciation -€183
down €183 (-3.7%), from €4,914 to €4,731
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,216 | €15,294 | +€5,078 | +49.7% |
| Fixed assets | 21/28 | €5,027 | €296 | -€4,731 | -94.1% |
| Tangible fixed assets | 22/27 | €5,027 | €296 | -€4,731 | -94.1% |
| Furniture and vehicles | 24 | €5,027 | €296 | -€4,731 | -94.1% |
| Current assets | 29/58 | €5,189 | €14,998 | +€9,810 | +189% |
| Amounts receivable within one year | 40/41 | €1,073 | €2,470 | +€1,397 | +130% |
| Trade receivables | 40 | €1,063 | €2,460 | +€1,397 | +131% |
| Other amounts receivable | 41 | €10 | €10 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,115 | €12,529 | +€8,413 | +204% |
| Total equity and liabilities | 10/49 | €10,216 | €15,294 | +€5,078 | +49.7% |
| Equity | 10/15 | -€20,097 | -€17,967 | +€2,130 | +10.6% |
| Contributions | 10/11 | €7,130 | €7,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,227 | -€25,097 | +€2,130 | +7.8% |
| Amounts payable | 17/49 | €30,312 | €33,261 | +€2,948 | +9.7% |
| Amounts payable within one year | 42/48 | €30,312 | €33,261 | +€2,948 | +9.7% |
| Trade debts | 44 | €1,137 | €6,306 | +€5,169 | +455% |
| Suppliers | 440/4 | €1,137 | €6,306 | +€5,169 | +455% |
| Other amounts payable | 47/48 | €29,176 | €26,955 | -€2,221 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,914 | €4,731 | -€183 | -3.7% |
| Other operating charges | 640/8 | €5,843 | €515 | -€5,329 | -91.2% |
| Gross operating margin | 9900 | -€769 | €7,597 | +€8,366 | |
| Operating profit (loss) | 9901 | -€11,527 | €2,350 | +€13,877 | |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €197 | €260 | +€62 | +31.5% |
| Recurring financial charges | 65 | €197 | €260 | +€62 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,724 | €2,130 | +€13,854 | |
| Profit (loss) for the period | 9904 | -€11,724 | €2,130 | +€13,854 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,724 | €2,130 | +€13,854 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.