LB Law: 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 Law
Largest movements
- Cash +€26,789
up €26,789 (+41.2%), from €65,073 to €91,861
mainly Net result for the year (+€26,446) and Tax, wage and social debts (+€4,030)
- Tangible fixed assets +€1,384
up €1,384 (+170.4%), from €812 to €2,196
- Receivables within one year -€1,147
down €1,147 (-31.9%), from €3,599 to €2,452
of which Trade receivables: -€2,117
- Profit (loss) carried forward +€26,446
up €26,446 (+73.9%), from €35,774 to €62,221
- Tax, wage and social debts +€4,030
up €4,030 (+26.2%), from €15,360 to €19,389
- Trade debts -€1,740
down €1,740 (-50.3%), from €3,456 to €1,716
- Other debts -€1,710
no longer reported in 2025 (was €1,710)
- Gross operating margin +€3,986
up €3,986 (+13.0%), from €30,630 to €34,616
- Taxes +€884
up €884 (+13.4%), from €6,585 to €7,469
- Depreciation -€522
down €522 (-76.3%), from €683 to €162
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 | €69,484 | €96,510 | +€27,026 | +38.9% |
| Fixed assets | 21/28 | €812 | €2,196 | +€1,384 | +170.4% |
| Tangible fixed assets | 22/27 | €812 | €2,196 | +€1,384 | +170.4% |
| Furniture and vehicles | 24 | €812 | €2,196 | +€1,384 | +170.4% |
| Current assets | 29/58 | €68,672 | €94,314 | +€25,642 | +37.3% |
| Amounts receivable within one year | 40/41 | €3,599 | €2,452 | -€1,147 | -31.9% |
| Trade receivables | 40 | €3,599 | €1,482 | -€2,117 | -58.8% |
| Other amounts receivable | 41 | - | €970 | +€970 | |
| Cash at bank and in hand | 54/58 | €65,073 | €91,861 | +€26,789 | +41.2% |
| Total equity and liabilities | 10/49 | €69,484 | €96,510 | +€27,026 | +38.9% |
| Equity | 10/15 | €48,958 | €75,405 | +€26,446 | +54.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €12,684 | €12,684 | = | 0.0% |
| Distributable reserves | 133 | €12,684 | €12,684 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,774 | €62,221 | +€26,446 | +73.9% |
| Amounts payable | 17/49 | €20,525 | €21,105 | +€580 | +2.8% |
| Amounts payable within one year | 42/48 | €20,525 | €21,105 | +€580 | +2.8% |
| Trade debts | 44 | €3,456 | €1,716 | -€1,740 | -50.3% |
| Suppliers | 440/4 | €3,456 | €1,716 | -€1,740 | -50.3% |
| Taxes, remuneration and social security | 45 | €15,360 | €19,389 | +€4,030 | +26.2% |
| Taxes | 450/3 | €15,360 | €19,389 | +€4,030 | +26.2% |
| Other amounts payable | 47/48 | €1,710 | - | -€1,710 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €683 | €162 | -€522 | -76.3% |
| Other operating charges | 640/8 | €567 | €502 | -€65 | -11.4% |
| Gross operating margin | 9900 | €30,630 | €34,616 | +€3,986 | +13.0% |
| Operating profit (loss) | 9901 | €29,380 | €33,952 | +€4,572 | +15.6% |
| Financial income | 75/76B | €17 | €5 | -€12 | -71.7% |
| Recurring financial income | 75 | €17 | €5 | -€12 | -71.7% |
| Financial charges | 65/66B | €130 | €41 | -€89 | -68.2% |
| Recurring financial charges | 65 | €130 | €41 | -€89 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €29,266 | €33,915 | +€4,649 | +15.9% |
| Income taxes | 67/77 | €6,585 | €7,469 | +€884 | +13.4% |
| Profit (loss) for the period | 9904 | €22,681 | €26,446 | +€3,765 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,681 | €26,446 | +€3,765 | +16.6% |
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 5 October 2026 via checked.be.