LE LIBANAIS: 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.
LE LIBANAIS
Largest movements
- Stocks and contracts -€3,822
down €3,822 (-34.2%), from €11,172 to €7,350
- Cash -€1,312
down €1,312 (-41.2%), from €3,182 to €1,870
mainly Other debts (-€5,230) and Trade debts (-€2,643)
- Receivables within one year +€827
up €827 (+1.6%), from €51,810 to €52,637
of which Trade receivables: +€827
- Other debts -€5,230
down €5,230 (-22.4%), from €23,355 to €18,125
- Profit (loss) carried forward +€2,953
up €2,953 (+29.5%), from €10,016 to €12,969
- Trade debts -€2,643
down €2,643 (-17.1%), from €15,485 to €12,842
- Purchases and services -€3,609
down €3,609 (-29.8%), from €12,131 to €8,522
- Turnover -€2,032
down €2,032 (-13.7%), from €14,872 to €12,840
- Gross operating margin +€1,577
up €1,577 (+57.5%), from €2,741 to €4,318
- Taxes +€702
new in 2025: €702
- Depreciation -€197
down €197 (-39.5%), from €500 to €303
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 | €66,612 | €62,010 | -€4,601 | -6.9% |
| Fixed assets | 21/28 | €303 | €0 | -€303 | -100% |
| Tangible fixed assets | 22/27 | €303 | €0 | -€303 | -100% |
| Furniture and vehicles | 24 | €303 | €0 | -€303 | -100% |
| Current assets | 29/58 | €66,309 | €62,010 | -€4,299 | -6.5% |
| Stocks and contracts in progress | 3 | €11,172 | €7,350 | -€3,822 | -34.2% |
| Stocks | 30/36 | €11,172 | €7,350 | -€3,822 | -34.2% |
| Amounts receivable within one year | 40/41 | €51,810 | €52,637 | +€827 | +1.6% |
| Trade receivables | 40 | €51,810 | €52,636 | +€827 | +1.6% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,182 | €1,870 | -€1,312 | -41.2% |
| Deferred charges and accrued income | 490/1 | €145 | €153 | +€9 | +6.1% |
| Total equity and liabilities | 10/49 | €66,612 | €62,010 | -€4,601 | -6.9% |
| Equity | 10/15 | €26,876 | €29,829 | +€2,953 | +11.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 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 | €10,016 | €12,969 | +€2,953 | +29.5% |
| Amounts payable | 17/49 | €39,736 | €32,181 | -€7,555 | -19.0% |
| Amounts payable within one year | 42/48 | €39,736 | €32,181 | -€7,555 | -19.0% |
| Trade debts | 44 | €15,485 | €12,842 | -€2,643 | -17.1% |
| Suppliers | 440/4 | €15,485 | €12,842 | -€2,643 | -17.1% |
| Taxes, remuneration and social security | 45 | €896 | €1,214 | +€318 | +35.5% |
| Taxes | 450/3 | €896 | €1,214 | +€318 | +35.5% |
| Other amounts payable | 47/48 | €23,355 | €18,125 | -€5,230 | -22.4% |
| Turnover | 70 | €14,872 | €12,840 | -€2,032 | -13.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,131 | €8,522 | -€3,609 | -29.8% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €303 | -€197 | -39.5% |
| Other operating charges | 640/8 | €285 | €295 | +€10 | +3.4% |
| Gross operating margin | 9900 | €2,741 | €4,318 | +€1,577 | +57.5% |
| Operating profit (loss) | 9901 | €1,956 | €3,720 | +€1,765 | +90.2% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €6 | - | -€6 | |
| Financial charges | 65/66B | €159 | €66 | -€94 | -58.8% |
| Recurring financial charges | 65 | €159 | €66 | -€94 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | €1,803 | €3,655 | +€1,852 | +103% |
| Income taxes | 67/77 | - | €702 | +€702 | |
| Profit (loss) for the period | 9904 | €1,803 | €2,953 | +€1,151 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,803 | €2,953 | +€1,151 | +63.8% |
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 18 October 2026 via checked.be.