LBL BUSINESS: 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.
LBL BUSINESS
Largest movements
- Receivables within one year +€86,650
up €86,650 (+90.3%), from €95,989 to €182,639
- Cash -€4,775
down €4,775 (-31.9%), from €14,952 to €10,177
mainly Receivables within one year (-€86,650) and Trade debts (-€31,861)
- Profit (loss) carried forward +€72,215
up €72,215 (+50.7%), from €142,339 to €214,554
- Trade debts -€31,861
no longer reported in 2025 (was €31,861)
- Tax, wage and social debts +€23,911
up €23,911 (+49.5%), from €48,282 to €72,192
- Short-term financial debts +€19,539
new in 2025: €19,539
- Gross operating margin +€18,235
up €18,235 (+27.0%), from €67,476 to €85,711
- Taxes +€4,639
up €4,639 (+28.3%), from €16,387 to €21,026
- Financial income +€3,658
up €3,658 (+54.0%), from €6,772 to €10,430
- Other operating charges -€1,322
down €1,322 (-64.4%), from €2,052 to €730
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 | €230,542 | €315,146 | +€84,604 | +36.7% |
| Current assets | 29/58 | €230,542 | €315,146 | +€84,604 | +36.7% |
| Amounts receivable after more than one year | 29 | €105,000 | €105,000 | = | 0.0% |
| Other amounts receivable | 291 | €105,000 | €105,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €95,989 | €182,639 | +€86,650 | +90.3% |
| Other amounts receivable | 41 | €95,989 | €182,639 | +€86,650 | +90.3% |
| Cash at bank and in hand | 54/58 | €14,952 | €10,177 | -€4,775 | -31.9% |
| Deferred charges and accrued income | 490/1 | €14,600 | €17,330 | +€2,730 | +18.7% |
| Total equity and liabilities | 10/49 | €230,542 | €315,146 | +€84,604 | +36.7% |
| Equity | 10/15 | €150,399 | €222,614 | +€72,215 | +48.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,339 | €214,554 | +€72,215 | +50.7% |
| Amounts payable | 17/49 | €80,142 | €92,531 | +€12,389 | +15.5% |
| Amounts payable within one year | 42/48 | €80,142 | €91,731 | +€11,589 | +14.5% |
| Financial debts | 43 | - | €19,539 | +€19,539 | |
| Other loans | 439 | - | €19,539 | +€19,539 | |
| Trade debts | 44 | €31,861 | - | -€31,861 | |
| Suppliers | 440/4 | €31,861 | - | -€31,861 | |
| Taxes, remuneration and social security | 45 | €48,282 | €72,192 | +€23,911 | +49.5% |
| Taxes | 450/3 | €48,282 | €72,192 | +€23,911 | +49.5% |
| Accrued charges and deferred income | 492/3 | - | €800 | +€800 | |
| Other operating charges | 640/8 | €2,052 | €730 | -€1,322 | -64.4% |
| Gross operating margin | 9900 | €67,476 | €85,711 | +€18,235 | +27.0% |
| Operating profit (loss) | 9901 | €65,424 | €84,981 | +€19,557 | +29.9% |
| Financial income | 75/76B | €6,772 | €10,430 | +€3,658 | +54.0% |
| Recurring financial income | 75 | €6,772 | €10,430 | +€3,658 | +54.0% |
| Financial charges | 65/66B | €2,308 | €2,170 | -€138 | -6.0% |
| Recurring financial charges | 65 | €2,308 | €2,170 | -€138 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €69,888 | €93,241 | +€23,353 | +33.4% |
| Income taxes | 67/77 | €16,387 | €21,026 | +€4,639 | +28.3% |
| Profit (loss) for the period | 9904 | €53,501 | €72,215 | +€18,714 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,501 | €72,215 | +€18,714 | +35.0% |
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 28 October 2026 via checked.be.