LL SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets +€54,584
up €54,584 (+50.0%), from €109,085 to €163,669
of which Assets under construction and advance payments: +€61,838
- Cash +€25,534
up €25,534 (+59.5%), from €42,938 to €68,472
mainly Other debts (+€47,050) and Net result for the year (+€22,416)
- Current investments -€20,000
no longer reported in 2025 (was €20,000)
- Receivables within one year +€5,953
up €5,953 (+158.7%), from €3,751 to €9,704
- Other debts +€47,050
up €47,050 (+48.9%), from €96,119 to €143,169
- Reserves +€22,416
up €22,416 (+58.8%), from €38,105 to €60,521
- Debts after one year -€7,442
down €7,442 (-40.0%), from €18,611 to €11,169
- Tax, wage and social debts +€4,016
up €4,016 (+28.2%), from €14,236 to €18,252
- Depreciation -€4,653
down €4,653 (-29.8%), from €15,617 to €10,964
- Gross operating margin -€2,665
down €2,665 (-5.8%), from €45,599 to €42,934
- Taxes +€735
up €735 (+9.6%), from €7,680 to €8,415
- Financial income +€580
new in 2025: €580
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 | €176,439 | €242,553 | +€66,114 | +37.5% |
| Fixed assets | 21/28 | €109,085 | €163,669 | +€54,584 | +50.0% |
| Tangible fixed assets | 22/27 | €109,085 | €163,669 | +€54,584 | +50.0% |
| Land and buildings | 22 | €53,004 | €53,004 | = | 0.0% |
| Leasing and similar rights | 25 | €25,162 | €17,908 | -€7,254 | -28.8% |
| Assets under construction and advance payments | 27 | €30,919 | €92,757 | +€61,838 | +200.0% |
| Current assets | 29/58 | €67,354 | €78,884 | +€11,530 | +17.1% |
| Amounts receivable within one year | 40/41 | €3,751 | €9,704 | +€5,953 | +158.7% |
| Trade receivables | 40 | €3,751 | €9,704 | +€5,953 | +158.7% |
| Current investments | 50/53 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €42,938 | €68,472 | +€25,534 | +59.5% |
| Deferred charges and accrued income | 490/1 | €665 | €708 | +€43 | +6.5% |
| Total equity and liabilities | 10/49 | €176,439 | €242,553 | +€66,114 | +37.5% |
| Equity | 10/15 | €40,105 | €62,521 | +€22,416 | +55.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,105 | €60,521 | +€22,416 | +58.8% |
| Distributable reserves | 133 | €38,105 | €60,521 | +€22,416 | +58.8% |
| Amounts payable | 17/49 | €136,334 | €180,032 | +€43,698 | +32.1% |
| Amounts payable after more than one year | 17 | €18,611 | €11,169 | -€7,442 | -40.0% |
| Financial debts | 170/4 | €18,611 | €11,169 | -€7,442 | -40.0% |
| Amounts payable within one year | 42/48 | €117,723 | €168,863 | +€51,140 | +43.4% |
| Current portion of amounts payable after more than one year | 42 | €7,096 | €7,442 | +€346 | +4.9% |
| Trade debts | 44 | €272 | - | -€272 | |
| Suppliers | 440/4 | €272 | - | -€272 | |
| Taxes, remuneration and social security | 45 | €14,236 | €18,252 | +€4,016 | +28.2% |
| Taxes | 450/3 | €14,236 | €18,252 | +€4,016 | +28.2% |
| Other amounts payable | 47/48 | €96,119 | €143,169 | +€47,050 | +48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,617 | €10,964 | -€4,653 | -29.8% |
| Other operating charges | 640/8 | €483 | €501 | +€18 | +3.7% |
| Gross operating margin | 9900 | €45,599 | €42,934 | -€2,665 | -5.8% |
| Operating profit (loss) | 9901 | €29,499 | €31,469 | +€1,970 | +6.7% |
| Financial income | 75/76B | - | €580 | +€580 | |
| Recurring financial income | 75 | - | €580 | +€580 | |
| Financial charges | 65/66B | €1,558 | €1,218 | -€340 | -21.8% |
| Recurring financial charges | 65 | €1,558 | €1,218 | -€340 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €27,941 | €30,831 | +€2,890 | +10.3% |
| Income taxes | 67/77 | €7,680 | €8,415 | +€735 | +9.6% |
| Profit (loss) for the period | 9904 | €20,261 | €22,416 | +€2,155 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,261 | €22,416 | +€2,155 | +10.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.