LC AANNEMINGEN: 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.
LC AANNEMINGEN
Largest movements
- Cash -€27,231
down €27,231 (-93.2%), from €29,205 to €1,974
mainly Net result for the year (-€26,955) and Tax, wage and social debts (-€11,968)
- Receivables within one year -€8,083
down €8,083 (-20.9%), from €38,735 to €30,651
of which Trade receivables: -€6,354
- Tangible fixed assets -€5,619
down €5,619 (-26.1%), from €21,549 to €15,930
of which Furniture and vehicles: -€5,076
- Stocks and contracts +€4,000
up €4,000 (+100%), from €4,000 to €8,000
- Profit (loss) carried forward -€26,955
down €26,955 (-101%), from -€26,618 to -€53,573
- Other debts +€12,417
new in 2025: €12,417
- Tax, wage and social debts -€11,968
down €11,968 (-70.0%), from €17,091 to €5,124
of which Taxes: -€7,865
- Advances received -€10,000
no longer reported in 2025 (was €10,000)
- Trade debts +€3,715
new in 2025: €3,715
- Gross operating margin -€39,308
down €39,308 (-43.4%), from €90,638 to €51,330
- Taxes -€3,873
down €3,873, from €3,870 to -€3
- Staff costs -€3,482
down €3,482 (-4.9%), from €71,167 to €67,685
- Depreciation +€1,914
up €1,914 (+51.6%), from €3,706 to €5,619
- Other operating charges -€1,226
down €1,226 (-30.7%), from €3,991 to €2,765
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 | €94,455 | €57,691 | -€36,764 | -38.9% |
| Fixed assets | 21/28 | €22,516 | €17,066 | -€5,450 | -24.2% |
| Tangible fixed assets | 22/27 | €21,549 | €15,930 | -€5,619 | -26.1% |
| Land and buildings | 22 | €2,572 | €2,182 | -€390 | -15.2% |
| Plant, machinery and equipment | 23 | €461 | €307 | -€154 | -33.3% |
| Furniture and vehicles | 24 | €18,516 | €13,441 | -€5,076 | -27.4% |
| Financial fixed assets | 28 | €967 | €1,136 | +€169 | +17.5% |
| Current assets | 29/58 | €71,939 | €40,625 | -€31,314 | -43.5% |
| Stocks and contracts in progress | 3 | €4,000 | €8,000 | +€4,000 | +100% |
| Stocks | 30/36 | €4,000 | €8,000 | +€4,000 | +100% |
| Amounts receivable within one year | 40/41 | €38,735 | €30,651 | -€8,083 | -20.9% |
| Trade receivables | 40 | €35,828 | €29,474 | -€6,354 | -17.7% |
| Other amounts receivable | 41 | €2,907 | €1,177 | -€1,729 | -59.5% |
| Cash at bank and in hand | 54/58 | €29,205 | €1,974 | -€27,231 | -93.2% |
| Total equity and liabilities | 10/49 | €94,455 | €57,691 | -€36,764 | -38.9% |
| Equity | 10/15 | €40,652 | €13,697 | -€26,955 | -66.3% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €32,270 | €32,270 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €28,770 | €28,770 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,618 | -€53,573 | -€26,955 | -101% |
| Amounts payable | 17/49 | €53,803 | €43,994 | -€9,809 | -18.2% |
| Amounts payable after more than one year | 17 | €22,739 | €20,000 | -€2,739 | -12.0% |
| Financial debts | 170/4 | €22,739 | €20,000 | -€2,739 | -12.0% |
| Amounts payable within one year | 42/48 | €31,064 | €23,994 | -€7,070 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €3,973 | €2,739 | -€1,234 | -31.1% |
| Trade debts | 44 | - | €3,715 | +€3,715 | |
| Suppliers | 440/4 | - | €3,715 | +€3,715 | |
| Advances received on contracts in progress | 46 | €10,000 | - | -€10,000 | |
| Taxes, remuneration and social security | 45 | €17,091 | €5,124 | -€11,968 | -70.0% |
| Taxes | 450/3 | €12,323 | €4,458 | -€7,865 | -63.8% |
| Remuneration and social security | 454/9 | €4,768 | €666 | -€4,103 | -86.0% |
| Other amounts payable | 47/48 | - | €12,417 | +€12,417 | |
| Remuneration, social security and pensions | 62 | €71,167 | €67,685 | -€3,482 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,706 | €5,619 | +€1,914 | +51.6% |
| Other operating charges | 640/8 | €3,991 | €2,765 | -€1,226 | -30.7% |
| Gross operating margin | 9900 | €90,638 | €51,330 | -€39,308 | -43.4% |
| Operating profit (loss) | 9901 | €11,775 | -€24,739 | -€36,514 | |
| Financial income | 75/76B | €982 | €1,524 | +€542 | +55.2% |
| Recurring financial income | 75 | €982 | €1,524 | +€542 | +55.2% |
| Financial charges | 65/66B | €3,700 | €3,743 | +€44 | +1.2% |
| Recurring financial charges | 65 | €3,700 | €3,743 | +€44 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €9,057 | -€26,958 | -€36,016 | |
| Income taxes | 67/77 | €3,870 | -€3 | -€3,873 | |
| Profit (loss) for the period | 9904 | €5,187 | -€26,955 | -€32,143 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,187 | -€26,955 | -€32,143 |
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 29 October 2026 via checked.be.