LB Construct: 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.
LB Construct
Largest movements
- Receivables within one year +€21,892
up €21,892 (+73.9%), from €29,607 to €51,499
of which Other amounts receivable: +€18,112
- Tangible fixed assets -€1,945
down €1,945 (-68.3%), from €2,848 to €903
of which Furniture and vehicles: -€1,725
- Profit (loss) carried forward +€20,630
up €20,630 (+101.4%), from €20,341 to €40,971
- Accrued charges and deferred income +€1,638
new in 2025: €1,638
- Trade debts -€1,256
down €1,256 (-74.5%), from €1,687 to €431
- Tax, wage and social debts -€866
down €866 (-9.9%), from €8,704 to €7,838
- Gross operating margin +€20,288
up €20,288 (+172.2%), from €11,780 to €32,068
- Taxes +€4,164
up €4,164 (+113.4%), from €3,674 to €7,838
- Financial income -€2,636
no longer reported in 2025 (was €2,636)
- Depreciation +€683
up €683 (+54.1%), from €1,262 to €1,945
- Other operating charges +€423
up €423 (+670.5%), from €63 to €486
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 | €32,731 | €52,420 | +€19,688 | +60.2% |
| Fixed assets | 21/28 | €2,848 | €903 | -€1,945 | -68.3% |
| Tangible fixed assets | 22/27 | €2,848 | €903 | -€1,945 | -68.3% |
| Plant, machinery and equipment | 23 | €220 | - | -€220 | |
| Furniture and vehicles | 24 | €2,628 | €903 | -€1,725 | -65.6% |
| Current assets | 29/58 | €29,884 | €51,517 | +€21,633 | +72.4% |
| Amounts receivable within one year | 40/41 | €29,607 | €51,499 | +€21,892 | +73.9% |
| Trade receivables | 40 | €100 | €3,880 | +€3,780 | +3780.0% |
| Other amounts receivable | 41 | €29,507 | €47,619 | +€18,112 | +61.4% |
| Cash at bank and in hand | 54/58 | €277 | €18 | -€259 | -93.5% |
| Total equity and liabilities | 10/49 | €32,731 | €52,420 | +€19,688 | +60.2% |
| Equity | 10/15 | €22,341 | €42,513 | +€20,172 | +90.3% |
| Contributions | 10/11 | €2,000 | €1,542 | -€458 | -22.9% |
| Profit (loss) carried forward | 14 | €20,341 | €40,971 | +€20,630 | +101.4% |
| Amounts payable | 17/49 | €10,391 | €9,907 | -€484 | -4.7% |
| Amounts payable within one year | 42/48 | €10,391 | €8,269 | -€2,122 | -20.4% |
| Trade debts | 44 | €1,687 | €431 | -€1,256 | -74.5% |
| Suppliers | 440/4 | €1,687 | €431 | -€1,256 | -74.5% |
| Taxes, remuneration and social security | 45 | €8,704 | €7,838 | -€866 | -9.9% |
| Taxes | 450/3 | €8,704 | €7,838 | -€866 | -9.9% |
| Accrued charges and deferred income | 492/3 | - | €1,638 | +€1,638 | |
| Non-recurring operating income | 76A | €5,412 | - | -€5,412 | |
| Remuneration, social security and pensions | 62 | €182 | €405 | +€222 | +122.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,262 | €1,945 | +€683 | +54.1% |
| Other operating charges | 640/8 | €63 | €486 | +€423 | +670.5% |
| Gross operating margin | 9900 | €11,780 | €32,068 | +€20,288 | +172.2% |
| Operating profit (loss) | 9901 | €10,273 | €29,233 | +€18,961 | +184.6% |
| Financial income | 75/76B | €2,636 | - | -€2,636 | |
| Recurring financial income | 75 | €2,636 | - | -€2,636 | |
| Financial charges | 65/66B | €398 | €766 | +€368 | +92.4% |
| Recurring financial charges | 65 | €398 | €766 | +€368 | +92.4% |
| Profit (loss) for the period before taxes | 9903 | €12,511 | €28,468 | +€15,957 | +127.5% |
| Income taxes | 67/77 | €3,674 | €7,838 | +€4,164 | +113.4% |
| Profit (loss) for the period | 9904 | €8,837 | €20,630 | +€11,792 | +133.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,837 | €20,630 | +€11,792 | +133.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.