LFLB: 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.
LFLB
Largest movements
- Tangible fixed assets -€10,803
down €10,803 (-25.7%), from €41,975 to €31,171
of which Plant, machinery and equipment: -€7,717
- Cash -€7,047
down €7,047 (-68.6%), from €10,267 to €3,220
mainly Net result for the year (-€13,510) and Receivables within one year (-€6,103)
- Receivables within one year +€6,103
new in 2025: €6,103
of which Other amounts receivable: +€5,513
- Deferred charges and accrued income +€2,783
new in 2025: €2,783
- Profit (loss) carried forward -€13,510
new in 2025: -€13,510
- Tax, wage and social debts +€5,880
up €5,880 (+34.7%), from €16,927 to €22,807
of which Taxes: +€9,623
- Other debts -€1,082
down €1,082 (-33.2%), from €3,257 to €2,175
- Staff costs +€19,745
up €19,745 (+40.0%), from €49,395 to €69,140
- Depreciation +€2,975
up €2,975 (+31.2%), from €9,546 to €12,520
- Taxes -€2,364
down €2,364 (-78.7%), from €3,004 to €640
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 | €56,841 | €47,878 | -€8,964 | -15.8% |
| Fixed assets | 21/28 | €46,575 | €35,771 | -€10,803 | -23.2% |
| Tangible fixed assets | 22/27 | €41,975 | €31,171 | -€10,803 | -25.7% |
| Plant, machinery and equipment | 23 | €32,453 | €24,736 | -€7,717 | -23.8% |
| Furniture and vehicles | 24 | €9,522 | €6,435 | -€3,087 | -32.4% |
| Financial fixed assets | 28 | €4,600 | €4,600 | = | 0.0% |
| Current assets | 29/58 | €10,267 | €12,106 | +€1,840 | +17.9% |
| Amounts receivable within one year | 40/41 | - | €6,103 | +€6,103 | |
| Trade receivables | 40 | - | €590 | +€590 | |
| Other amounts receivable | 41 | - | €5,513 | +€5,513 | |
| Cash at bank and in hand | 54/58 | €10,267 | €3,220 | -€7,047 | -68.6% |
| Deferred charges and accrued income | 490/1 | - | €2,783 | +€2,783 | |
| Total equity and liabilities | 10/49 | €56,841 | €47,878 | -€8,964 | -15.8% |
| Equity | 10/15 | €25,379 | €11,869 | -€13,510 | -53.2% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €18,879 | €18,879 | = | 0.0% |
| Distributable reserves | 133 | €18,879 | €18,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€13,510 | -€13,510 | |
| Amounts payable | 17/49 | €31,462 | €36,008 | +€4,546 | +14.5% |
| Amounts payable within one year | 42/48 | €31,462 | €36,008 | +€4,546 | +14.5% |
| Trade debts | 44 | €11,278 | €11,027 | -€251 | -2.2% |
| Suppliers | 440/4 | €11,278 | €11,027 | -€251 | -2.2% |
| Taxes, remuneration and social security | 45 | €16,927 | €22,807 | +€5,880 | +34.7% |
| Taxes | 450/3 | €9,205 | €18,828 | +€9,623 | +105% |
| Remuneration and social security | 454/9 | €7,722 | €3,979 | -€3,744 | -48.5% |
| Other amounts payable | 47/48 | €3,257 | €2,175 | -€1,082 | -33.2% |
| Remuneration, social security and pensions | 62 | €49,395 | €69,140 | +€19,745 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,546 | €12,520 | +€2,975 | +31.2% |
| Other operating charges | 640/8 | €5,024 | €5,322 | +€298 | +5.9% |
| Gross operating margin | 9900 | €75,404 | €75,938 | +€535 | +0.7% |
| Operating profit (loss) | 9901 | €11,439 | -€11,044 | -€22,483 | |
| Financial charges | 65/66B | €2,180 | €1,827 | -€354 | -16.2% |
| Recurring financial charges | 65 | €2,180 | €1,827 | -€354 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €9,259 | -€12,870 | -€22,129 | |
| Income taxes | 67/77 | €3,004 | €640 | -€2,364 | -78.7% |
| Profit (loss) for the period | 9904 | €6,255 | -€13,510 | -€19,765 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,255 | -€13,510 | -€19,765 |
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 14 October 2026 via checked.be.