LFA ENGINEERING: 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.
LFA ENGINEERING
Largest movements
- Cash +€120,417
new in 2024: €120,417
mainly Stocks and contracts (+€33,968) and Net result for the year (+€31,058)
- Stocks and contracts -€33,968
down €33,968 (-79.8%), from €42,568 to €8,600
of which Contracts in progress: -€27,168
- Receivables within one year -€30,515
down €30,515 (-27.7%), from €110,020 to €79,504
of which Trade receivables: -€65,992
- Tangible fixed assets -€18,061
down €18,061 (-52.3%), from €34,539 to €16,478
of which Furniture and vehicles: -€15,694
- Deferred charges and accrued income +€2,445
up €2,445 (+64.9%), from €3,768 to €6,213
- Profit (loss) carried forward +€31,058
up €31,058 (+32.3%), from €96,296 to €127,354
- Trade debts +€30,106
up €30,106 (+59.3%), from €50,733 to €80,838
- Other debts -€10,160
no longer reported in 2024 (was €10,160)
- Short-term financial debts -€6,721
down €6,721 (-100%), from €6,721 to €0
- Debts after one year -€5,516
down €5,516 (-20.2%), from €27,282 to €21,765
- Gross operating margin +€44,991
up €44,991 (+164%), from €27,403 to €72,393
- Financial charges +€4,295
up €4,295 (+219%), from €1,960 to €6,255
- Taxes +€2,540
up €2,540 (+30.5%), from €8,321 to €10,862
- Staff costs +€1,729
up €1,729 (+119%), from €1,449 to €3,179
- Other operating charges -€1,329
down €1,329 (-37.6%), from €3,538 to €2,208
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.
Derived cash bridge
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 | €196,966 | €237,982 | +€41,017 | +20.8% |
| Fixed assets | 21/28 | €40,611 | €23,248 | -€17,363 | -42.8% |
| Tangible fixed assets | 22/27 | €34,539 | €16,478 | -€18,061 | -52.3% |
| Plant, machinery and equipment | 23 | €5,628 | €3,260 | -€2,367 | -42.1% |
| Furniture and vehicles | 24 | €28,912 | €13,218 | -€15,694 | -54.3% |
| Financial fixed assets | 28 | €6,072 | €6,770 | +€698 | +11.5% |
| Current assets | 29/58 | €156,355 | €214,734 | +€58,379 | +37.3% |
| Stocks and contracts in progress | 3 | €42,568 | €8,600 | -€33,968 | -79.8% |
| Stocks | 30/36 | €15,400 | €8,600 | -€6,800 | -44.2% |
| Contracts in progress | 37 | €27,168 | €0 | -€27,168 | -100% |
| Amounts receivable within one year | 40/41 | €110,020 | €79,504 | -€30,515 | -27.7% |
| Trade receivables | 40 | €105,022 | €39,030 | -€65,992 | -62.8% |
| Other amounts receivable | 41 | €4,998 | €40,475 | +€35,477 | +710% |
| Cash at bank and in hand | 54/58 | - | €120,417 | +€120,417 | |
| Deferred charges and accrued income | 490/1 | €3,768 | €6,213 | +€2,445 | +64.9% |
| Total equity and liabilities | 10/49 | €196,966 | €237,982 | +€41,017 | +20.8% |
| Equity | 10/15 | €98,296 | €129,354 | +€31,058 | +31.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,296 | €127,354 | +€31,058 | +32.3% |
| Amounts payable | 17/49 | €98,670 | €108,629 | +€9,959 | +10.1% |
| Amounts payable after more than one year | 17 | €27,282 | €21,765 | -€5,516 | -20.2% |
| Financial debts | 170/4 | €27,282 | €21,765 | -€5,516 | -20.2% |
| Amounts payable within one year | 42/48 | €71,389 | €86,855 | +€15,466 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €3,343 | €5,516 | +€2,174 | +65.0% |
| Financial debts | 43 | €6,721 | €0 | -€6,721 | -100% |
| Credit institutions | 430/8 | €6,721 | €0 | -€6,721 | -100% |
| Trade debts | 44 | €50,733 | €80,838 | +€30,106 | +59.3% |
| Suppliers | 440/4 | €50,733 | €80,838 | +€30,106 | +59.3% |
| Taxes, remuneration and social security | 45 | €432 | €500 | +€68 | +15.6% |
| Remuneration and social security | 454/9 | €432 | €500 | +€68 | +15.6% |
| Other amounts payable | 47/48 | €10,160 | - | -€10,160 | |
| Accrued charges and deferred income | 492/3 | - | €9 | +€9 | |
| Remuneration, social security and pensions | 62 | €1,449 | €3,179 | +€1,729 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,855 | €19,442 | +€587 | +3.1% |
| Other operating charges | 640/8 | €3,538 | €2,208 | -€1,329 | -37.6% |
| Gross operating margin | 9900 | €27,403 | €72,393 | +€44,991 | +164% |
| Operating profit (loss) | 9901 | €3,561 | €47,564 | +€44,003 | +1,236% |
| Financial income | 75/76B | €906 | €610 | -€296 | -32.6% |
| Recurring financial income | 75 | €906 | €610 | -€296 | -32.6% |
| Financial charges | 65/66B | €1,960 | €6,255 | +€4,295 | +219% |
| Recurring financial charges | 65 | €1,960 | €6,255 | +€4,295 | +219% |
| Profit (loss) for the period before taxes | 9903 | €2,507 | €41,920 | +€39,413 | +1,572% |
| Income taxes | 67/77 | €8,321 | €10,862 | +€2,540 | +30.5% |
| Profit (loss) for the period | 9904 | -€5,815 | €31,058 | +€36,873 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,815 | €31,058 | +€36,873 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.