LF ENTREPRISES: what changed
LF ENTREPRISES
Largest movements
- Receivables within one year +€104,250
up €104,250 (+91.1%), from €114,438 to €218,688
of which Trade receivables: +€98,911
- Stocks and contracts -€97,772
no longer reported in 2025 (was €97,772)
- Tangible fixed assets +€8,061
up €8,061 (+489%), from €1,648 to €9,709
of which Furniture and vehicles: +€8,756
- Profit (loss) carried forward +€13,854
up €13,854 (+6.7%), from €205,795 to €219,648
- Gross operating margin +€19,346
up €19,346, from -€8,640 to €10,706
- Other operating charges -€9,162
down €9,162 (-97.7%), from €9,382 to €220
- Financial income -€2,276
down €2,276 (-26.4%), from €8,623 to €6,346
- Taxes +€1,189
new in 2025: €1,189
- Depreciation +€451
up €451 (+33.7%), from €1,338 to €1,789
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,888 | €228,397 | +€14,509 | +6.8% |
| Fixed assets | 21/28 | €1,648 | €9,709 | +€8,061 | +489% |
| Tangible fixed assets | 22/27 | €1,648 | €9,709 | +€8,061 | +489% |
| Furniture and vehicles | 24 | €257 | €9,014 | +€8,756 | +3,401% |
| Other tangible fixed assets | 26 | €1,390 | €695 | -€695 | -50.0% |
| Current assets | 29/58 | €212,240 | €218,688 | +€6,448 | +3.0% |
| Stocks and contracts in progress | 3 | €97,772 | - | -€97,772 | |
| Stocks | 30/36 | €97,772 | - | -€97,772 | |
| Amounts receivable within one year | 40/41 | €114,438 | €218,688 | +€104,250 | +91.1% |
| Trade receivables | 40 | - | €98,911 | +€98,911 | |
| Other amounts receivable | 41 | €114,438 | €119,777 | +€5,339 | +4.7% |
| Cash at bank and in hand | 54/58 | €30 | - | -€30 | |
| Total equity and liabilities | 10/49 | €213,888 | €228,397 | +€14,509 | +6.8% |
| Equity | 10/15 | €212,795 | €226,648 | +€13,854 | +6.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,795 | €219,648 | +€13,854 | +6.7% |
| Amounts payable | 17/49 | €1,094 | €1,749 | +€655 | +59.9% |
| Amounts payable within one year | 42/48 | €892 | €1,749 | +€856 | +96.0% |
| Trade debts | 44 | €52 | €559 | +€507 | +974% |
| Suppliers | 440/4 | €52 | €559 | +€507 | +974% |
| Taxes, remuneration and social security | 45 | €840 | €1,189 | +€349 | +41.6% |
| Taxes | 450/3 | €840 | €1,189 | +€349 | +41.6% |
| Accrued charges and deferred income | 492/3 | €202 | - | -€202 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,338 | €1,789 | +€451 | +33.7% |
| Other operating charges | 640/8 | €9,382 | €220 | -€9,162 | -97.7% |
| Gross operating margin | 9900 | -€8,640 | €10,706 | +€19,346 | |
| Operating profit (loss) | 9901 | -€19,360 | €8,697 | +€28,057 | |
| Financial income | 75/76B | €8,623 | €6,346 | -€2,276 | -26.4% |
| Recurring financial income | 75 | €8,623 | €6,346 | -€2,276 | -26.4% |
| Financial charges | 65/66B | €10 | - | -€10 | |
| Recurring financial charges | 65 | €10 | - | -€10 | |
| Profit (loss) for the period before taxes | 9903 | -€10,748 | €15,043 | +€25,791 | |
| Income taxes | 67/77 | - | €1,189 | +€1,189 | |
| Profit (loss) for the period | 9904 | -€10,748 | €13,854 | +€24,601 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,748 | €13,854 | +€24,601 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.