LB Solutions: 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 Solutions
Largest movements
- Current investments +€57,763
up €57,763 (+192.5%), from €30,000 to €87,763
- Receivables within one year +€50,424
up €50,424 (+27.1%), from €185,834 to €236,257
of which Other amounts receivable: +€50,197
- Cash +€32,404
up €32,404 (+297.3%), from €10,898 to €43,302
mainly Net result for the year (+€104,434) and Tax, wage and social debts (+€25,503)
- Financial fixed assets -€12,500
down €12,500 (-54.3%), from €23,000 to €10,500
- Tangible fixed assets -€9,063
down €9,063 (-36.3%), from €24,994 to €15,931
of which Furniture and vehicles: -€9,388
- Reserves +€104,434
up €104,434 (+45.9%), from €227,607 to €332,041
of which Distributable reserves: +€62,334
- Tax, wage and social debts +€25,503
up €25,503 (+87.1%), from €29,284 to €54,787
- Current portion of long-term debt -€7,598
down €7,598 (-100.0%), from €7,598 to €0
- Gross operating margin -€7,657
down €7,657 (-5.0%), from €153,455 to €145,798
- Financial income +€2,505
up €2,505 (+75.4%), from €3,323 to €5,827
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 | €277,558 | €399,328 | +€121,770 | +43.9% |
| Fixed assets | 21/28 | €47,994 | €26,431 | -€21,563 | -44.9% |
| Tangible fixed assets | 22/27 | €24,994 | €15,931 | -€9,063 | -36.3% |
| Plant, machinery and equipment | 23 | €1,080 | €1,405 | +€325 | +30.1% |
| Furniture and vehicles | 24 | €23,914 | €14,526 | -€9,388 | -39.3% |
| Financial fixed assets | 28 | €23,000 | €10,500 | -€12,500 | -54.3% |
| Current assets | 29/58 | €229,565 | €372,897 | +€143,332 | +62.4% |
| Amounts receivable within one year | 40/41 | €185,834 | €236,257 | +€50,424 | +27.1% |
| Trade receivables | 40 | €76,010 | €76,237 | +€227 | +0.3% |
| Other amounts receivable | 41 | €109,824 | €160,021 | +€50,197 | +45.7% |
| Current investments | 50/53 | €30,000 | €87,763 | +€57,763 | +192.5% |
| Cash at bank and in hand | 54/58 | €10,898 | €43,302 | +€32,404 | +297.3% |
| Deferred charges and accrued income | 490/1 | €2,833 | €5,575 | +€2,741 | +96.8% |
| Total equity and liabilities | 10/49 | €277,558 | €399,328 | +€121,770 | +43.9% |
| Equity | 10/15 | €230,107 | €334,541 | +€104,434 | +45.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €227,607 | €332,041 | +€104,434 | +45.9% |
| Tax-exempt reserves | 132 | €63,150 | €105,250 | +€42,100 | +66.7% |
| Distributable reserves | 133 | €164,457 | €226,791 | +€62,334 | +37.9% |
| Amounts payable | 17/49 | €47,452 | €64,787 | +€17,335 | +36.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €47,452 | €64,787 | +€17,335 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €7,598 | €0 | -€7,598 | -100.0% |
| Financial debts | 43 | €10,000 | €10,000 | = | 0.0% |
| Other loans | 439 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €569 | €0 | -€569 | -100.0% |
| Suppliers | 440/4 | €569 | €0 | -€569 | -100.0% |
| Taxes, remuneration and social security | 45 | €29,284 | €54,787 | +€25,503 | +87.1% |
| Taxes | 450/3 | €29,284 | €54,787 | +€25,503 | +87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,225 | €9,730 | +€505 | +5.5% |
| Other operating charges | 640/8 | €1,980 | €1,697 | -€283 | -14.3% |
| Gross operating margin | 9900 | €153,455 | €145,798 | -€7,657 | -5.0% |
| Operating profit (loss) | 9901 | €142,250 | €134,371 | -€7,879 | -5.5% |
| Financial income | 75/76B | €3,323 | €5,827 | +€2,505 | +75.4% |
| Recurring financial income | 75 | €3,323 | €5,827 | +€2,505 | +75.4% |
| Financial charges | 65/66B | €1,031 | €290 | -€742 | -71.9% |
| Recurring financial charges | 65 | €1,031 | €290 | -€742 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €144,541 | €139,908 | -€4,633 | -3.2% |
| Income taxes | 67/77 | €35,887 | €35,474 | -€413 | -1.2% |
| Profit (loss) for the period | 9904 | €108,654 | €104,434 | -€4,220 | -3.9% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €42,100 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,554 | €62,334 | -€4,220 | -6.3% |
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 28 September 2026 via checked.be.