LB-SYSTEMS: 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-SYSTEMS
Largest movements
- Current assets -€72,191
down €72,191 (-42.3%), from €170,850 to €98,659
of which Receivables within one year: -€105,777
- Debts -€79,829
down €79,829 (-27.8%), from €287,663 to €207,834
of which Debts after one year: -€50,000
- Reserves +€8,295
up €8,295 (+4.4%), from €189,380 to €197,675
- Gross operating margin -€59,916
down €59,916 (-56.5%), from €105,956 to €46,039
- Taxes -€11,350
down €11,350 (-28.1%), from €40,325 to €28,975
From the 2014 result to the 2015 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2014 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €596,543 | €525,009 | -€71,534 | -12.0% |
| Fixed assets | 21/28 | €425,692 | €426,349 | +€657 | +0.2% |
| Tangible fixed assets | 22/27 | €692 | €1,349 | +€657 | +94.9% |
| Financial fixed assets | 28 | €425,000 | €425,000 | = | 0.0% |
| Current assets | 29/58 | €170,850 | €98,659 | -€72,191 | -42.3% |
| Amounts receivable within one year | 40/41 | €113,350 | €7,573 | -€105,777 | -93.3% |
| Cash at bank and in hand | 54/58 | €46,700 | €91,086 | +€44,386 | +95.0% |
| Total equity and liabilities | 10/49 | €596,543 | €525,009 | -€71,534 | -12.0% |
| Equity | 10/15 | €308,880 | €317,175 | +€8,295 | +2.7% |
| Contributions | 10/11 | €119,500 | €119,500 | = | 0.0% |
| Reserves | 13 | €189,380 | €197,675 | +€8,295 | +4.4% |
| Amounts payable | 17/49 | €287,663 | €207,834 | -€79,829 | -27.8% |
| Amounts payable after more than one year | 17 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Amounts payable within one year | 42/48 | €175,362 | €153,633 | -€21,729 | -12.4% |
| Trade debts | 44 | - | €787 | +€787 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €574 | €1,190 | +€616 | +107% |
| Gross operating margin | 9900 | €105,956 | €46,039 | -€59,916 | -56.5% |
| Operating profit (loss) | 9901 | €104,731 | €44,300 | -€60,432 | -57.7% |
| Recurring financial income | 75 | €12,000 | €7 | -€11,993 | -99.9% |
| Recurring financial charges | 65 | €8,202 | €7,037 | -€1,166 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €108,993 | €37,270 | -€71,723 | -65.8% |
| Income taxes | 67/77 | €40,325 | €28,975 | -€11,350 | -28.1% |
| Profit (loss) for the period | 9904 | €68,668 | €8,295 | -€60,373 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,668 | €8,295 | -€60,373 | -87.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2014 and 31 December 2015. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.