LL Construct: what changed
Two fiscal 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.
LL Construct
Largest movements
- Cash +€3.9m
up €3.9m (+571.0%), from €677,802 to €4.5m
mainly Advances received (+€1.9m) and Other debts (+€1.6m)
- Current investments -€1.5m
down €1.5m (-100.0%), from €1.5m to €0
- Receivables within one year +€471,547
up €471,547 (+1047.1%), from €45,034 to €516,581
of which Trade receivables: +€507,305
- Stocks and contracts +€300,243
up €300,243 (+8.0%), from €3.7m to €4.0m
- Advances received +€1.9m
up €1.9m (+360.7%), from €516,735 to €2.4m
- Other debts +€1.6m
up €1.6m (+23.5%), from €6.8m to €8.4m
- Profit (loss) carried forward -€694,256
down €694,256 (-51.9%), from -€1.3m to -€2.0m
- Trade debts +€280,759
up €280,759 (+589.0%), from €47,663 to €328,422
- Tax, wage and social debts +€112,621
new in 2025: €112,621
- Gross operating margin -€330,939
down €330,939 (-117.5%), from -€281,658 to -€612,597
- Financial charges +€27,634
up €27,634 (+36.7%), from €75,211 to €102,846
- Financial income +€14,154
up €14,154 (+73.9%), from €19,163 to €33,317
- Other operating charges +€7,132
up €7,132 (+235.8%), from €3,024 to €10,156
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.
Cash bridge derived
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 | €6,025,469 | €9,186,213 | +€3.2m | +52.5% |
| Fixed assets | 21/28 | €6,090 | €3,016 | -€3,074 | -50.5% |
| Intangible fixed assets | 21 | €4,440 | €2,466 | -€1,974 | -44.5% |
| Financial fixed assets | 28 | €1,650 | €550 | -€1,100 | -66.7% |
| Current assets | 29/58 | €6,019,379 | €9,183,197 | +€3.2m | +52.6% |
| Stocks and contracts in progress | 3 | €3,747,246 | €4,047,490 | +€300,243 | +8.0% |
| Stocks | 30/36 | €3,747,246 | €4,047,490 | +€300,243 | +8.0% |
| Amounts receivable within one year | 40/41 | €45,034 | €516,581 | +€471,547 | +1047.1% |
| Trade receivables | 40 | €1,622 | €508,928 | +€507,305 | +31270.6% |
| Other amounts receivable | 41 | €43,412 | €7,654 | -€35,758 | -82.4% |
| Current investments | 50/53 | €1,500,000 | €0 | -€1.5m | -100.0% |
| Cash at bank and in hand | 54/58 | €677,802 | €4,548,133 | +€3.9m | +571.0% |
| Deferred charges and accrued income | 490/1 | €49,297 | €70,994 | +€21,697 | +44.0% |
| Total equity and liabilities | 10/49 | €6,025,469 | €9,186,213 | +€3.2m | +52.5% |
| Equity | 10/15 | -€1,318,905 | -€2,013,160 | -€694,256 | -52.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,337,505 | -€2,031,760 | -€694,256 | -51.9% |
| Amounts payable | 17/49 | €7,344,374 | €11,199,374 | +€3.9m | +52.5% |
| Amounts payable within one year | 42/48 | €7,329,951 | €11,179,401 | +€3.8m | +52.5% |
| Trade debts | 44 | €47,663 | €328,422 | +€280,759 | +589.0% |
| Suppliers | 440/4 | €47,663 | €328,422 | +€280,759 | +589.0% |
| Advances received on contracts in progress | 46 | €516,735 | €2,380,851 | +€1.9m | +360.7% |
| Taxes, remuneration and social security | 45 | - | €112,621 | +€112,621 | |
| Taxes | 450/3 | - | €112,621 | +€112,621 | |
| Other amounts payable | 47/48 | €6,765,553 | €8,357,507 | +€1.6m | +23.5% |
| Accrued charges and deferred income | 492/3 | €14,423 | €19,973 | +€5,550 | +38.5% |
| Non-recurring operating income | 76A | €105,438 | €0 | -€105,438 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,974 | €1,974 | = | 0.0% |
| Other operating charges | 640/8 | €3,024 | €10,156 | +€7,132 | +235.8% |
| Gross operating margin | 9900 | -€281,658 | -€612,597 | -€330,939 | -117.5% |
| Operating profit (loss) | 9901 | -€286,657 | -€624,727 | -€338,071 | -117.9% |
| Financial income | 75/76B | €19,163 | €33,317 | +€14,154 | +73.9% |
| Recurring financial income | 75 | €19,163 | €33,317 | +€14,154 | +73.9% |
| Financial charges | 65/66B | €75,211 | €102,846 | +€27,634 | +36.7% |
| Recurring financial charges | 65 | €75,211 | €102,846 | +€27,634 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | -€342,705 | -€694,256 | -€351,551 | -102.6% |
| Profit (loss) for the period | 9904 | -€342,705 | -€694,256 | -€351,551 | -102.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€342,705 | -€694,256 | -€351,551 | -102.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.