LBX PAINT: 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.
LBX PAINT
Largest movements
- Receivables within one year +€31,655
up €31,655 (+265.5%), from €11,921 to €43,576
of which Trade receivables: +€34,071
- Tangible fixed assets -€15,068
down €15,068 (-33.8%), from €44,550 to €29,482
of which Leasing and similar rights: -€8,770
- Deferred charges and accrued income -€5,366
down €5,366 (-30.7%), from €17,505 to €12,139
- Intangible fixed assets -€5,000
down €5,000 (-13.8%), from €36,250 to €31,250
- Reserves +€16,000
up €16,000 (+66.7%), from €24,000 to €40,000
- Debts after one year -€8,941
down €8,941 (-76.8%), from €11,640 to €2,699
- Trade debts +€3,370
up €3,370 (+102.5%), from €3,289 to €6,659
- Current portion of long-term debt -€1,904
down €1,904 (-44.5%), from €4,283 to €2,379
- Other debts -€1,762
down €1,762 (-2.4%), from €71,909 to €70,147
- Staff costs -€14,194
no longer reported in 2025 (was €14,194)
- Gross operating margin -€9,521
down €9,521 (-18.9%), from €50,384 to €40,862
- Depreciation -€4,907
down €4,907 (-28.2%), from €17,385 to €12,478
- Taxes +€2,187
up €2,187 (+69.1%), from €3,164 to €5,351
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 | €130,603 | €136,325 | +€5,723 | +4.4% |
| Fixed assets | 21/28 | €81,200 | €61,132 | -€20,068 | -24.7% |
| Intangible fixed assets | 21 | €36,250 | €31,250 | -€5,000 | -13.8% |
| Tangible fixed assets | 22/27 | €44,550 | €29,482 | -€15,068 | -33.8% |
| Plant, machinery and equipment | 23 | €2,179 | €548 | -€1,631 | -74.8% |
| Furniture and vehicles | 24 | €2,018 | €1,590 | -€428 | -21.2% |
| Leasing and similar rights | 25 | €8,770 | - | -€8,770 | |
| Other tangible fixed assets | 26 | €31,581 | €27,343 | -€4,238 | -13.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €49,403 | €75,193 | +€25,790 | +52.2% |
| Stocks and contracts in progress | 3 | €523 | €1,006 | +€482 | +92.2% |
| Stocks | 30/36 | €523 | €1,006 | +€482 | +92.2% |
| Amounts receivable within one year | 40/41 | €11,921 | €43,576 | +€31,655 | +265.5% |
| Trade receivables | 40 | €5,646 | €39,717 | +€34,071 | +603.5% |
| Other amounts receivable | 41 | €6,275 | €3,859 | -€2,416 | -38.5% |
| Cash at bank and in hand | 54/58 | €19,454 | €18,473 | -€981 | -5.0% |
| Deferred charges and accrued income | 490/1 | €17,505 | €12,139 | -€5,366 | -30.7% |
| Total equity and liabilities | 10/49 | €130,603 | €136,325 | +€5,723 | +4.4% |
| Equity | 10/15 | €29,759 | €45,399 | +€15,640 | +52.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,000 | €40,000 | +€16,000 | +66.7% |
| Distributable reserves | 133 | €24,000 | €40,000 | +€16,000 | +66.7% |
| Profit (loss) carried forward | 14 | €759 | €399 | -€360 | -47.5% |
| Amounts payable | 17/49 | €100,844 | €90,927 | -€9,917 | -9.8% |
| Amounts payable after more than one year | 17 | €11,640 | €2,699 | -€8,941 | -76.8% |
| Financial debts | 170/4 | €11,640 | €2,699 | -€8,941 | -76.8% |
| Amounts payable within one year | 42/48 | €89,204 | €88,228 | -€976 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €4,283 | €2,379 | -€1,904 | -44.5% |
| Trade debts | 44 | €3,289 | €6,659 | +€3,370 | +102.5% |
| Suppliers | 440/4 | €3,289 | €6,659 | +€3,370 | +102.5% |
| Taxes, remuneration and social security | 45 | €9,723 | €9,043 | -€680 | -7.0% |
| Taxes | 450/3 | €9,723 | €9,043 | -€680 | -7.0% |
| Other amounts payable | 47/48 | €71,909 | €70,147 | -€1,762 | -2.4% |
| Non-recurring operating income | 76A | €7,098 | - | -€7,098 | |
| Remuneration, social security and pensions | 62 | €14,194 | - | -€14,194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,385 | €12,478 | -€4,907 | -28.2% |
| Other operating charges | 640/8 | €1,903 | €2,148 | +€245 | +12.9% |
| Non-recurring operating charges | 66A | €1,758 | €2,599 | +€841 | +47.8% |
| Gross operating margin | 9900 | €50,384 | €40,862 | -€9,521 | -18.9% |
| Operating profit (loss) | 9901 | €15,143 | €23,637 | +€8,494 | +56.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -65.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -65.9% |
| Financial charges | 65/66B | €1,594 | €1,814 | +€220 | +13.8% |
| Recurring financial charges | 65 | €1,594 | €1,814 | +€220 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €13,551 | €21,824 | +€8,273 | +61.1% |
| Income taxes | 67/77 | €3,164 | €5,351 | +€2,187 | +69.1% |
| Profit (loss) for the period | 9904 | €10,386 | €16,473 | +€6,086 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,386 | €16,473 | +€6,086 | +58.6% |
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 4 October 2026 via checked.be.