LBEY Management: 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.
LBEY Management
Largest movements
- Cash -€13,682
down €13,682 (-83.5%), from €16,387 to €2,705
mainly Tax, wage and social debts (-€11,540) and Receivables within one year (-€8,409)
- Receivables within one year +€8,409
up €8,409 (+33.5%), from €25,091 to €33,501
of which Other amounts receivable: +€12,852
- Deferred charges and accrued income -€1,103
down €1,103 (-25.1%), from €4,403 to €3,300
- Tangible fixed assets -€1,091
down €1,091 (-27.1%), from €4,023 to €2,931
- Tax, wage and social debts -€11,540
down €11,540 (-86.3%), from €13,377 to €1,837
- Debts after one year +€11,386
new in 2024: €11,386
- Accrued charges and deferred income -€5,540
down €5,540 (-100.0%), from €5,540 to €0
- Profit (loss) carried forward -€4,139
down €4,139 (-16.3%), from €25,372 to €21,233
- Current portion of long-term debt +€3,614
new in 2024: €3,614
- Gross operating margin -€39,014
down €39,014 (-98.3%), from €39,683 to €669
- Taxes -€7,795
down €7,795 (-78.9%), from €9,879 to €2,084
- Financial charges +€1,662
up €1,662 (+121.9%), from €1,363 to €3,025
- Financial income +€1,469
up €1,469 (+1254.9%), from €117 to €1,586
- Depreciation -€1,079
down €1,079 (-49.7%), from €2,170 to €1,091
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,905 | €42,438 | -€7,467 | -15.0% |
| Fixed assets | 21/28 | €4,023 | €2,931 | -€1,091 | -27.1% |
| Tangible fixed assets | 22/27 | €4,023 | €2,931 | -€1,091 | -27.1% |
| Furniture and vehicles | 24 | €4,023 | €2,931 | -€1,091 | -27.1% |
| Current assets | 29/58 | €45,882 | €39,507 | -€6,375 | -13.9% |
| Amounts receivable within one year | 40/41 | €25,091 | €33,501 | +€8,409 | +33.5% |
| Trade receivables | 40 | €16,107 | €11,664 | -€4,442 | -27.6% |
| Other amounts receivable | 41 | €8,985 | €21,837 | +€12,852 | +143.0% |
| Cash at bank and in hand | 54/58 | €16,387 | €2,705 | -€13,682 | -83.5% |
| Deferred charges and accrued income | 490/1 | €4,403 | €3,300 | -€1,103 | -25.1% |
| Total equity and liabilities | 10/49 | €49,905 | €42,438 | -€7,467 | -15.0% |
| Equity | 10/15 | €27,872 | €23,733 | -€4,139 | -14.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,372 | €21,233 | -€4,139 | -16.3% |
| Amounts payable | 17/49 | €22,033 | €18,705 | -€3,327 | -15.1% |
| Amounts payable after more than one year | 17 | - | €11,386 | +€11,386 | |
| Financial debts | 170/4 | - | €11,386 | +€11,386 | |
| Amounts payable within one year | 42/48 | €16,492 | €7,319 | -€9,173 | -55.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,614 | +€3,614 | |
| Financial debts | 43 | €938 | €1,868 | +€930 | +99.2% |
| Credit institutions | 430/8 | €938 | €1,868 | +€930 | +99.2% |
| Trade debts | 44 | €2,177 | €0 | -€2,177 | -100.0% |
| Suppliers | 440/4 | €2,177 | €0 | -€2,177 | -100.0% |
| Taxes, remuneration and social security | 45 | €13,377 | €1,837 | -€11,540 | -86.3% |
| Taxes | 450/3 | €13,377 | €1,837 | -€11,540 | -86.3% |
| Accrued charges and deferred income | 492/3 | €5,540 | €0 | -€5,540 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,170 | €1,091 | -€1,079 | -49.7% |
| Other operating charges | 640/8 | €1,016 | €194 | -€821 | -80.9% |
| Gross operating margin | 9900 | €39,683 | €669 | -€39,014 | -98.3% |
| Operating profit (loss) | 9901 | €36,498 | -€616 | -€37,114 | |
| Financial income | 75/76B | €117 | €1,586 | +€1,469 | +1254.9% |
| Recurring financial income | 75 | €117 | €1,586 | +€1,469 | +1254.9% |
| Financial charges | 65/66B | €1,363 | €3,025 | +€1,662 | +121.9% |
| Recurring financial charges | 65 | €1,363 | €3,025 | +€1,662 | +121.9% |
| Profit (loss) for the period before taxes | 9903 | €35,251 | -€2,055 | -€37,307 | |
| Income taxes | 67/77 | €9,879 | €2,084 | -€7,795 | -78.9% |
| Profit (loss) for the period | 9904 | €25,372 | -€4,139 | -€29,511 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,372 | -€4,139 | -€29,511 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.