LBSA: 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.
LBSA
Largest movements
- Cash -€169,149
down €169,149 (-59.3%), from €285,452 to €116,303
mainly Net result for the year (-€153,961) and Current investments (-€100,000)
- Current investments +€100,000
new in 2024: €100,000
- Tangible fixed assets -€95,979
down €95,979 (-2.3%), from €4.1m to €4.0m
- Profit (loss) carried forward -€153,961
down €153,961 (-135.6%), from -€113,548 to -€267,509
- Gross operating margin +€11,180
up €11,180 (+21.8%), from -€51,254 to -€40,074
- Other operating charges -€6,481
down €6,481 (-36.0%), from €17,982 to €11,501
- Depreciation -€2,946
down €2,946 (-2.8%), from €105,100 to €102,154
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 | €4,502,041 | €4,336,230 | -€165,811 | -3.7% |
| Fixed assets | 21/28 | €4,200,273 | €4,104,294 | -€95,979 | -2.3% |
| Intangible fixed assets | 21 | €77,422 | €77,422 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,122,851 | €4,026,872 | -€95,979 | -2.3% |
| Land and buildings | 22 | €4,122,851 | €4,026,872 | -€95,979 | -2.3% |
| Current assets | 29/58 | €301,768 | €231,936 | -€69,832 | -23.1% |
| Amounts receivable within one year | 40/41 | €16,316 | €15,633 | -€683 | -4.2% |
| Other amounts receivable | 41 | €16,316 | €15,633 | -€683 | -4.2% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €285,452 | €116,303 | -€169,149 | -59.3% |
| Total equity and liabilities | 10/49 | €4,502,041 | €4,336,230 | -€165,811 | -3.7% |
| Equity | 10/15 | -€108,548 | -€262,509 | -€153,961 | -141.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,548 | -€267,509 | -€153,961 | -135.6% |
| Amounts payable | 17/49 | €4,610,589 | €4,598,739 | -€11,850 | -0.3% |
| Amounts payable after more than one year | 17 | €4,386,226 | €4,384,387 | -€1,839 | 0.0% |
| Other amounts payable | 178/9 | €4,386,226 | €4,384,387 | -€1,839 | 0.0% |
| Amounts payable within one year | 42/48 | €224,363 | €214,352 | -€10,011 | -4.5% |
| Trade debts | 44 | €11,274 | €3,209 | -€8,065 | -71.5% |
| Suppliers | 440/4 | €11,274 | €3,209 | -€8,065 | -71.5% |
| Taxes, remuneration and social security | 45 | €1,946 | - | -€1,946 | |
| Taxes | 450/3 | €1,946 | - | -€1,946 | |
| Other amounts payable | 47/48 | €211,143 | €211,143 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,100 | €102,154 | -€2,946 | -2.8% |
| Other operating charges | 640/8 | €17,982 | €11,501 | -€6,481 | -36.0% |
| Gross operating margin | 9900 | -€51,254 | -€40,074 | +€11,180 | +21.8% |
| Operating profit (loss) | 9901 | -€174,336 | -€153,729 | +€20,607 | +11.8% |
| Financial charges | 65/66B | €81 | €232 | +€151 | +186.5% |
| Recurring financial charges | 65 | €81 | €232 | +€151 | +186.5% |
| Profit (loss) for the period before taxes | 9903 | -€174,417 | -€153,961 | +€20,456 | +11.7% |
| Profit (loss) for the period | 9904 | -€174,417 | -€153,961 | +€20,456 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€174,417 | -€153,961 | +€20,456 | +11.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.