LARMONEX: 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.
LARMONEX
Largest movements
- Receivables within one year -€10,926
down €10,926 (-41.1%), from €26,572 to €15,646
- Cash +€1,412
up €1,412 (+116%), from €1,218 to €2,630
mainly Receivables within one year (+€10,926) and Tax, wage and social debts (+€3,113)
- Tangible fixed assets -€1,074
down €1,074 (-57.6%), from €1,866 to €792
- Other debts -€10,412
down €10,412 (-91.9%), from €11,333 to €921
- Trade debts -€3,359
down €3,359 (-92.1%), from €3,648 to €289
- Tax, wage and social debts +€3,113
up €3,113 (+148%), from €2,110 to €5,223
of which Remuneration and social security: +€2,876
- Gross operating margin -€16,774
down €16,774 (-88.9%), from €18,859 to €2,085
- Other operating charges -€1,835
down €1,835 (-73.8%), from €2,488 to €653
- Depreciation -€991
down €991 (-48.0%), from €2,065 to €1,074
- Financial charges -€599
down €599 (-64.9%), from €923 to €324
- Taxes -€222
down €222, from €186 to -€36
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,746 | €19,158 | -€10,588 | -35.6% |
| Fixed assets | 21/28 | €1,956 | €882 | -€1,074 | -54.9% |
| Tangible fixed assets | 22/27 | €1,866 | €792 | -€1,074 | -57.6% |
| Plant, machinery and equipment | 23 | €1,866 | €792 | -€1,074 | -57.6% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €27,790 | €18,276 | -€9,514 | -34.2% |
| Amounts receivable within one year | 40/41 | €26,572 | €15,646 | -€10,926 | -41.1% |
| Trade receivables | 40 | €26,572 | €15,646 | -€10,926 | -41.1% |
| Cash at bank and in hand | 54/58 | €1,218 | €2,630 | +€1,412 | +116% |
| Total equity and liabilities | 10/49 | €29,746 | €19,158 | -€10,588 | -35.6% |
| Equity | 10/15 | €12,655 | €12,725 | +€70 | +0.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €700 | €700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €700 | €700 | = | 0.0% |
| Other | 1319 | €700 | €700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,955 | €5,025 | +€70 | +1.4% |
| Amounts payable | 17/49 | €17,091 | €6,433 | -€10,658 | -62.4% |
| Amounts payable within one year | 42/48 | €17,091 | €6,433 | -€10,658 | -62.4% |
| Trade debts | 44 | €3,648 | €289 | -€3,359 | -92.1% |
| Suppliers | 440/4 | €3,648 | €289 | -€3,359 | -92.1% |
| Taxes, remuneration and social security | 45 | €2,110 | €5,223 | +€3,113 | +148% |
| Taxes | 450/3 | €186 | €423 | +€237 | +127% |
| Remuneration and social security | 454/9 | €1,924 | €4,800 | +€2,876 | +149% |
| Other amounts payable | 47/48 | €11,333 | €921 | -€10,412 | -91.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,065 | €1,074 | -€991 | -48.0% |
| Other operating charges | 640/8 | €2,488 | €653 | -€1,835 | -73.8% |
| Gross operating margin | 9900 | €18,859 | €2,085 | -€16,774 | -88.9% |
| Operating profit (loss) | 9901 | €14,306 | €358 | -€13,948 | -97.5% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €923 | €324 | -€599 | -64.9% |
| Recurring financial charges | 65 | €923 | €324 | -€599 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | €13,388 | €34 | -€13,354 | -99.7% |
| Income taxes | 67/77 | €186 | -€36 | -€222 | |
| Profit (loss) for the period | 9904 | €13,202 | €70 | -€13,132 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,202 | €70 | -€13,132 | -99.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.