LFZ 2009: 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.
LFZ 2009
Largest movements
- Receivables within one year -€28,369
down €28,369 (-90.8%), from €31,242 to €2,872
- Tangible fixed assets +€24,490
up €24,490 (+379%), from €6,468 to €30,959
of which Land and buildings: +€25,000
- Cash +€11,257
up €11,257 (+192%), from €5,863 to €17,120
mainly Receivables within one year (+€28,369) and Net result for the year (+€3,330)
- Profit (loss) carried forward +€3,330
up €3,330 (+12.0%), from €27,675 to €31,005
- Trade debts +€3,261
up €3,261 (+319%), from €1,022 to €4,283
- Tax, wage and social debts +€1,097
up €1,097 (+16.4%), from €6,694 to €7,792
of which Taxes: +€1,039
- Turnover -€9,029
down €9,029 (-10.8%), from €83,809 to €74,780
- Gross operating margin -€7,966
down €7,966 (-51.6%), from €15,440 to €7,474
- Taxes -€1,384
down €1,384 (-44.2%), from €3,134 to €1,750
- Purchases and services -€1,063
down €1,063 (-1.6%), from €68,369 to €67,306
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 | €43,573 | €50,951 | +€7,378 | +16.9% |
| Fixed assets | 21/28 | €6,468 | €30,959 | +€24,490 | +379% |
| Tangible fixed assets | 22/27 | €6,468 | €30,959 | +€24,490 | +379% |
| Land and buildings | 22 | €5,198 | €30,198 | +€25,000 | +481% |
| Plant, machinery and equipment | 23 | €1,271 | €761 | -€510 | -40.1% |
| Current assets | 29/58 | €37,104 | €19,992 | -€17,112 | -46.1% |
| Amounts receivable within one year | 40/41 | €31,242 | €2,872 | -€28,369 | -90.8% |
| Trade receivables | 40 | €31,242 | €2,872 | -€28,369 | -90.8% |
| Cash at bank and in hand | 54/58 | €5,863 | €17,120 | +€11,257 | +192% |
| Total equity and liabilities | 10/49 | €43,573 | €50,951 | +€7,378 | +16.9% |
| Equity | 10/15 | €28,675 | €32,005 | +€3,330 | +11.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,675 | €31,005 | +€3,330 | +12.0% |
| Amounts payable | 17/49 | €14,898 | €18,946 | +€4,048 | +27.2% |
| Amounts payable within one year | 42/48 | €14,898 | €18,946 | +€4,048 | +27.2% |
| Trade debts | 44 | €1,022 | €4,283 | +€3,261 | +319% |
| Suppliers | 440/4 | €1,022 | €4,283 | +€3,261 | +319% |
| Taxes, remuneration and social security | 45 | €6,694 | €7,792 | +€1,097 | +16.4% |
| Taxes | 450/3 | €6,694 | €7,733 | +€1,039 | +15.5% |
| Remuneration and social security | 454/9 | - | €58 | +€58 | |
| Other amounts payable | 47/48 | €7,182 | €6,871 | -€311 | -4.3% |
| Turnover | 70 | €83,809 | €74,780 | -€9,029 | -10.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €68,369 | €67,306 | -€1,063 | -1.6% |
| Remuneration, social security and pensions | 62 | €646 | €1,385 | +€739 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €626 | €510 | -€116 | -18.6% |
| Other operating charges | 640/8 | €505 | €383 | -€122 | -24.2% |
| Gross operating margin | 9900 | €15,440 | €7,474 | -€7,966 | -51.6% |
| Operating profit (loss) | 9901 | €13,663 | €5,196 | -€8,467 | -62.0% |
| Financial charges | 65/66B | €74 | €115 | +€42 | +57.0% |
| Recurring financial charges | 65 | €74 | €115 | +€42 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | €13,590 | €5,081 | -€8,509 | -62.6% |
| Income taxes | 67/77 | €3,134 | €1,750 | -€1,384 | -44.2% |
| Profit (loss) for the period | 9904 | €10,455 | €3,330 | -€7,125 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,455 | €3,330 | -€7,125 | -68.1% |
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 22 October 2026 via checked.be.