LB Contractor: 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 Contractor
Largest movements
- Cash -€67,202
down €67,202 (-78.4%), from €85,755 to €18,553
mainly Receivables within one year (-€55,668) and Investment in fixed assets (net) (-€39,179)
- Receivables within one year +€55,668
up €55,668 (+314.9%), from €17,681 to €73,349
of which Trade receivables: +€32,659
- Tangible fixed assets +€30,557
up €30,557 (+134.1%), from €22,780 to €53,337
of which Furniture and vehicles: +€24,520
- Reserves +€17,147
up €17,147 (+52.5%), from €32,635 to €49,782
- Debts after one year +€12,263
up €12,263 (+101.9%), from €12,030 to €24,293
- Current portion of long-term debt +€9,297
up €9,297 (+130.7%), from €7,114 to €16,411
- Trade debts -€8,197
down €8,197 (-16.0%), from €51,226 to €43,028
- Other debts -€6,996
no longer reported in 2025 (was €6,996)
- Gross operating margin +€5,958
up €5,958 (+15.1%), from €39,370 to €45,328
- Depreciation +€4,254
up €4,254 (+97.4%), from €4,368 to €8,622
- Taxes -€2,244
down €2,244 (-23.4%), from €9,576 to €7,332
- Financial charges +€1,433
up €1,433 (+206.5%), from €694 to €2,127
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 | €127,453 | €147,047 | +€19,594 | +15.4% |
| Fixed assets | 21/28 | €22,780 | €53,337 | +€30,557 | +134.1% |
| Tangible fixed assets | 22/27 | €22,780 | €53,337 | +€30,557 | +134.1% |
| Plant, machinery and equipment | 23 | €2,586 | €8,623 | +€6,037 | +233.5% |
| Furniture and vehicles | 24 | €20,194 | €44,714 | +€24,520 | +121.4% |
| Current assets | 29/58 | €104,673 | €93,710 | -€10,962 | -10.5% |
| Amounts receivable within one year | 40/41 | €17,681 | €73,349 | +€55,668 | +314.9% |
| Trade receivables | 40 | €17,645 | €50,304 | +€32,659 | +185.1% |
| Other amounts receivable | 41 | €36 | €23,045 | +€23,009 | +64487.3% |
| Cash at bank and in hand | 54/58 | €85,755 | €18,553 | -€67,202 | -78.4% |
| Deferred charges and accrued income | 490/1 | €1,237 | €1,808 | +€572 | +46.2% |
| Total equity and liabilities | 10/49 | €127,453 | €147,047 | +€19,594 | +15.4% |
| Equity | 10/15 | €37,635 | €54,782 | +€17,147 | +45.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €32,635 | €49,782 | +€17,147 | +52.5% |
| Distributable reserves | 133 | €32,635 | €49,782 | +€17,147 | +52.5% |
| Amounts payable | 17/49 | €89,818 | €92,265 | +€2,447 | +2.7% |
| Amounts payable after more than one year | 17 | €12,030 | €24,293 | +€12,263 | +101.9% |
| Financial debts | 170/4 | €12,030 | €24,293 | +€12,263 | +101.9% |
| Amounts payable within one year | 42/48 | €77,787 | €67,971 | -€9,816 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €7,114 | €16,411 | +€9,297 | +130.7% |
| Trade debts | 44 | €51,226 | €43,028 | -€8,197 | -16.0% |
| Suppliers | 440/4 | €51,226 | €43,028 | -€8,197 | -16.0% |
| Taxes, remuneration and social security | 45 | €12,452 | €8,532 | -€3,919 | -31.5% |
| Taxes | 450/3 | €11,252 | €7,332 | -€3,919 | -34.8% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €6,996 | - | -€6,996 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,368 | €8,622 | +€4,254 | +97.4% |
| Other operating charges | 640/8 | €1,533 | €1,270 | -€263 | -17.2% |
| Non-recurring operating charges | 66A | - | €9,037 | +€9,037 | |
| Gross operating margin | 9900 | €39,370 | €45,328 | +€5,958 | +15.1% |
| Operating profit (loss) | 9901 | €33,469 | €26,398 | -€7,071 | -21.1% |
| Financial income | 75/76B | €0 | €208 | +€208 | +188700.0% |
| Recurring financial income | 75 | €0 | €208 | +€208 | +188700.0% |
| Financial charges | 65/66B | €694 | €2,127 | +€1,433 | +206.5% |
| Recurring financial charges | 65 | €694 | €2,127 | +€1,433 | +206.5% |
| Profit (loss) for the period before taxes | 9903 | €32,775 | €24,479 | -€8,296 | -25.3% |
| Income taxes | 67/77 | €9,576 | €7,332 | -€2,244 | -23.4% |
| Profit (loss) for the period | 9904 | €23,199 | €17,147 | -€6,052 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,199 | €17,147 | -€6,052 | -26.1% |
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 8 October 2026 via checked.be.