LB business: what changed
Two fiscal 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.
LB business
Largest movements
- Tangible fixed assets -€3,045
no longer reported in 2025 (was €3,045)
of which Furniture and vehicles: -€2,333
- Receivables within one year +€2,719
up €2,719 (+257.4%), from €1,056 to €3,776
of which Trade receivables: +€2,928
- Cash -€184
down €184 (-77.2%), from €239 to €54
mainly Net result for the year (-€10,231) and Receivables within one year (-€2,719)
- Profit (loss) carried forward -€10,231
down €10,231 (-36.5%), from -€28,002 to -€38,233
- Other debts +€9,574
up €9,574 (+34.5%), from €27,770 to €37,345
- Trade debts +€146
up €146 (+67.7%), from €216 to €363
- Gross operating margin +€5,257
up €5,257 (+35.0%), from -€15,034 to -€9,777
- Depreciation -€1,873
no longer reported in 2025 (was €1,873)
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.
Cash bridge derived
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 | €10,085 | €9,575 | -€510 | -5.1% |
| Fixed assets | 21/28 | €3,227 | €182 | -€3,045 | -94.4% |
| Tangible fixed assets | 22/27 | €3,045 | - | -€3,045 | |
| Plant, machinery and equipment | 23 | €713 | - | -€713 | |
| Furniture and vehicles | 24 | €2,333 | - | -€2,333 | |
| Financial fixed assets | 28 | €182 | €182 | = | 0.0% |
| Current assets | 29/58 | €6,858 | €9,393 | +€2,535 | +37.0% |
| Stocks and contracts in progress | 3 | €5,563 | €5,563 | = | 0.0% |
| Stocks | 30/36 | €5,563 | €5,563 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,056 | €3,776 | +€2,719 | +257.4% |
| Trade receivables | 40 | €441 | €3,369 | +€2,928 | +663.9% |
| Other amounts receivable | 41 | €615 | €407 | -€208 | -33.9% |
| Cash at bank and in hand | 54/58 | €239 | €54 | -€184 | -77.2% |
| Total equity and liabilities | 10/49 | €10,085 | €9,575 | -€510 | -5.1% |
| Equity | 10/15 | -€17,902 | -€28,133 | -€10,231 | -57.2% |
| Contributions | 10/11 | €10,100 | €10,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,002 | -€38,233 | -€10,231 | -36.5% |
| Amounts payable | 17/49 | €27,986 | €37,707 | +€9,721 | +34.7% |
| Amounts payable within one year | 42/48 | €27,986 | €37,707 | +€9,721 | +34.7% |
| Trade debts | 44 | €216 | €363 | +€146 | +67.7% |
| Suppliers | 440/4 | €216 | €363 | +€146 | +67.7% |
| Other amounts payable | 47/48 | €27,770 | €37,345 | +€9,574 | +34.5% |
| Non-recurring operating income | 76A | €930 | - | -€930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,873 | - | -€1,873 | |
| Other operating charges | 640/8 | €441 | €294 | -€146 | -33.2% |
| Gross operating margin | 9900 | -€15,034 | -€9,777 | +€5,257 | +35.0% |
| Operating profit (loss) | 9901 | -€17,348 | -€10,071 | +€7,276 | +41.9% |
| Financial income | 75/76B | €44 | - | -€44 | |
| Recurring financial income | 75 | €44 | - | -€44 | |
| Financial charges | 65/66B | €191 | €160 | -€31 | -16.1% |
| Recurring financial charges | 65 | €191 | €160 | -€31 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,494 | -€10,231 | +€7,263 | +41.5% |
| Profit (loss) for the period | 9904 | -€17,494 | -€10,231 | +€7,263 | +41.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,494 | -€10,231 | +€7,263 | +41.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.