LB Engineering: 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 Engineering
Largest movements
- Cash -€35,846
down €35,846 (-40.7%), from €87,983 to €52,137
mainly Contributions, distributions and other (-€74,847) and Debts after one year (-€21,275)
- Tangible fixed assets -€30,249
down €30,249 (-97.3%), from €31,078 to €829
- Receivables within one year +€2,685
up €2,685 (+18.6%), from €14,415 to €17,100
of which Trade receivables: +€8,400
- Reserves -€35,696
down €35,696 (-47.7%), from €74,847 to €39,151
- Debts after one year -€21,275
no longer reported in 2025 (was €21,275)
- Tax, wage and social debts -€9,264
down €9,264 (-36.4%), from €25,479 to €16,215
- Current portion of long-term debt -€7,670
no longer reported in 2025 (was €7,670)
- Other debts +€4,771
new in 2025: €4,771
- Depreciation -€8,523
down €8,523 (-89.6%), from €9,510 to €987
- Gross operating margin -€1,316
down €1,316 (-2.0%), from €65,191 to €63,875
- Taxes -€820
down €820 (-7.1%), from €11,605 to €10,785
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.
Derived cash bridge
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 | €134,271 | €71,088 | -€63,183 | -47.1% |
| Fixed assets | 21/28 | €31,078 | €829 | -€30,249 | -97.3% |
| Tangible fixed assets | 22/27 | €31,078 | €829 | -€30,249 | -97.3% |
| Furniture and vehicles | 24 | €31,078 | €829 | -€30,249 | -97.3% |
| Current assets | 29/58 | €103,193 | €70,259 | -€32,934 | -31.9% |
| Amounts receivable within one year | 40/41 | €14,415 | €17,100 | +€2,685 | +18.6% |
| Trade receivables | 40 | €8,700 | €17,100 | +€8,400 | +96.5% |
| Other amounts receivable | 41 | €5,715 | - | -€5,715 | |
| Cash at bank and in hand | 54/58 | €87,983 | €52,137 | -€35,846 | -40.7% |
| Deferred charges and accrued income | 490/1 | €795 | €1,021 | +€227 | +28.5% |
| Total equity and liabilities | 10/49 | €134,271 | €71,088 | -€63,183 | -47.1% |
| Equity | 10/15 | €79,847 | €44,151 | -€35,696 | -44.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €74,847 | €39,151 | -€35,696 | -47.7% |
| Distributable reserves | 133 | €74,847 | €39,151 | -€35,696 | -47.7% |
| Amounts payable | 17/49 | €54,424 | €26,937 | -€27,488 | -50.5% |
| Amounts payable after more than one year | 17 | €21,275 | - | -€21,275 | |
| Financial debts | 170/4 | €21,275 | - | -€21,275 | |
| Amounts payable within one year | 42/48 | €33,149 | €23,009 | -€10,140 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €7,670 | - | -€7,670 | |
| Trade debts | 44 | - | €2,022 | +€2,022 | |
| Suppliers | 440/4 | - | €2,022 | +€2,022 | |
| Taxes, remuneration and social security | 45 | €25,479 | €16,215 | -€9,264 | -36.4% |
| Taxes | 450/3 | €25,479 | €16,215 | -€9,264 | -36.4% |
| Other amounts payable | 47/48 | - | €4,771 | +€4,771 | |
| Accrued charges and deferred income | 492/3 | - | €3,928 | +€3,928 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,510 | €987 | -€8,523 | -89.6% |
| Other operating charges | 640/8 | €925 | €546 | -€379 | -41.0% |
| Non-recurring operating charges | 66A | - | €10,612 | +€10,612 | |
| Gross operating margin | 9900 | €65,191 | €63,875 | -€1,316 | -2.0% |
| Operating profit (loss) | 9901 | €54,757 | €51,730 | -€3,026 | -5.5% |
| Financial income | 75/76B | €319 | €0 | -€319 | -100.0% |
| Recurring financial income | 75 | €319 | €0 | -€319 | -100.0% |
| Financial charges | 65/66B | €2,041 | €1,794 | -€247 | -12.1% |
| Recurring financial charges | 65 | €2,041 | €1,794 | -€247 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €53,035 | €49,936 | -€3,099 | -5.8% |
| Income taxes | 67/77 | €11,605 | €10,785 | -€820 | -7.1% |
| Profit (loss) for the period | 9904 | €41,430 | €39,151 | -€2,278 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,430 | €39,151 | -€2,278 | -5.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.