LB SRL: 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 SRL
Largest movements
- Tangible fixed assets +€246,162
up €246,162 (+62.2%), from €395,575 to €641,737
- Receivables within one year -€36,535
down €36,535 (-53.3%), from €68,490 to €31,955
- Stocks and contracts -€12,002
no longer reported in 2025 (was €12,002)
- Debts after one year +€170,892
up €170,892 (+70.5%), from €242,529 to €413,421
- Other debts +€32,716
up €32,716 (+29.0%), from €112,630 to €145,346
- Depreciation +€12,184
up €12,184 (+90.7%), from €13,435 to €25,618
- Gross operating margin -€8,022
down €8,022 (-15.2%), from €52,791 to €44,769
- Taxes -€6,331
down €6,331 (-95.6%), from €6,624 to €293
- Financial charges +€5,718
up €5,718 (+48.8%), from €11,715 to €17,433
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 | €480,493 | €684,388 | +€203,895 | +42.4% |
| Fixed assets | 21/28 | €395,575 | €641,737 | +€246,162 | +62.2% |
| Tangible fixed assets | 22/27 | €395,575 | €641,737 | +€246,162 | +62.2% |
| Land and buildings | 22 | €395,575 | €641,737 | +€246,162 | +62.2% |
| Current assets | 29/58 | €84,918 | €42,651 | -€42,267 | -49.8% |
| Stocks and contracts in progress | 3 | €12,002 | - | -€12,002 | |
| Stocks | 30/36 | €12,002 | - | -€12,002 | |
| Amounts receivable within one year | 40/41 | €68,490 | €31,955 | -€36,535 | -53.3% |
| Trade receivables | 40 | €68,490 | €31,955 | -€36,535 | -53.3% |
| Cash at bank and in hand | 54/58 | €4,300 | €4,480 | +€180 | +4.2% |
| Deferred charges and accrued income | 490/1 | €126 | €6,217 | +€6,091 | +4826.1% |
| Total equity and liabilities | 10/49 | €480,493 | €684,388 | +€203,895 | +42.4% |
| Equity | 10/15 | €89,581 | €89,945 | +€363 | +0.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,581 | €9,945 | +€363 | +3.8% |
| Amounts payable | 17/49 | €390,912 | €594,444 | +€203,532 | +52.1% |
| Amounts payable after more than one year | 17 | €242,529 | €413,421 | +€170,892 | +70.5% |
| Financial debts | 170/4 | €242,529 | €413,421 | +€170,892 | +70.5% |
| Amounts payable within one year | 42/48 | €148,383 | €181,023 | +€32,640 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €13,047 | €13,658 | +€612 | +4.7% |
| Trade debts | 44 | €9,326 | €10,636 | +€1,310 | +14.1% |
| Suppliers | 440/4 | €9,326 | €10,636 | +€1,310 | +14.1% |
| Taxes, remuneration and social security | 45 | €13,380 | €11,382 | -€1,998 | -14.9% |
| Taxes | 450/3 | €13,380 | €9,382 | -€3,998 | -29.9% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €112,630 | €145,346 | +€32,716 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,435 | €25,618 | +€12,184 | +90.7% |
| Other operating charges | 640/8 | €965 | €1,066 | +€101 | +10.5% |
| Gross operating margin | 9900 | €52,791 | €44,769 | -€8,022 | -15.2% |
| Operating profit (loss) | 9901 | €38,391 | €18,084 | -€20,307 | -52.9% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €11,715 | €17,433 | +€5,718 | +48.8% |
| Recurring financial charges | 65 | €11,715 | €17,433 | +€5,718 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €26,676 | €657 | -€26,020 | -97.5% |
| Income taxes | 67/77 | €6,624 | €293 | -€6,331 | -95.6% |
| Profit (loss) for the period | 9904 | €20,052 | €363 | -€19,689 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,052 | €363 | -€19,689 | -98.2% |
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 30 September 2026 via checked.be.