LB-SERV: 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-SERV
Largest movements
- Receivables within one year -€13,252
down €13,252 (-89.4%), from €14,819 to €1,567
of which Other amounts receivable: -€12,051
- Receivables after one year +€11,652
up €11,652 (+3.1%), from €378,660 to €390,312
- Tax, wage and social debts -€21,587
down €21,587 (-86.0%), from €25,093 to €3,506
- Other debts +€10,848
new in 2025: €10,848
- Financial charges -€336
down €336 (-49.2%), from €682 to €347
- Financial income +€335
up €335 (+3.0%), from €11,352 to €11,687
of which Financial income: +€335
- Taxes +€236
up €236 (+14.4%), from €1,635 to €1,871
- Gross operating margin +€119
up €119 (+2.3%), from -€5,264 to -€5,145
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 | €411,846 | €403,774 | -€8,071 | -2.0% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €411,846 | €403,774 | -€8,071 | -2.0% |
| Amounts receivable after more than one year | 29 | €378,660 | €390,312 | +€11,652 | +3.1% |
| Other amounts receivable | 291 | €378,660 | €390,312 | +€11,652 | +3.1% |
| Amounts receivable within one year | 40/41 | €14,819 | €1,567 | -€13,252 | -89.4% |
| Trade receivables | 40 | €1,538 | €337 | -€1,201 | -78.1% |
| Other amounts receivable | 41 | €13,281 | €1,230 | -€12,051 | -90.7% |
| Cash at bank and in hand | 54/58 | €3,763 | €209 | -€3,555 | -94.4% |
| Deferred charges and accrued income | 490/1 | €14,603 | €11,687 | -€2,917 | -20.0% |
| Total equity and liabilities | 10/49 | €411,846 | €403,774 | -€8,071 | -2.0% |
| Equity | 10/15 | €385,455 | €389,193 | +€3,738 | +1.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €373,055 | €376,793 | +€3,738 | +1.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €371,195 | €374,933 | +€3,738 | +1.0% |
| Amounts payable | 17/49 | €26,391 | €14,581 | -€11,810 | -44.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €26,391 | €14,581 | -€11,810 | -44.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,297 | €227 | -€1,071 | -82.5% |
| Suppliers | 440/4 | €1,297 | €227 | -€1,071 | -82.5% |
| Taxes, remuneration and social security | 45 | €25,093 | €3,506 | -€21,587 | -86.0% |
| Taxes | 450/3 | €25,093 | €3,506 | -€21,587 | -86.0% |
| Other amounts payable | 47/48 | - | €10,848 | +€10,848 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €591 | €585 | -€5 | -0.9% |
| Gross operating margin | 9900 | -€5,264 | -€5,145 | +€119 | +2.3% |
| Operating profit (loss) | 9901 | -€5,855 | -€5,731 | +€124 | +2.1% |
| Financial income | 75/76B | €11,352 | €11,687 | +€335 | +3.0% |
| Recurring financial income | 75 | €11,352 | €11,687 | +€335 | +3.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €682 | €347 | -€336 | -49.2% |
| Recurring financial charges | 65 | €682 | €347 | -€336 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €4,814 | €5,609 | +€795 | +16.5% |
| Income taxes | 67/77 | €1,635 | €1,871 | +€236 | +14.4% |
| Profit (loss) for the period | 9904 | €3,179 | €3,738 | +€560 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,179 | €3,738 | +€560 | +17.6% |
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 16 October 2026 via checked.be.