LLAC: 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.
LLAC
Largest movements
- Cash +€15,752
up €15,752 (+96.2%), from €16,377 to €32,130
mainly Net result for the year (+€37,153) and Tax, wage and social debts (+€6,914)
- Receivables within one year +€7,783
up €7,783 (+13.6%), from €57,114 to €64,897
of which Other amounts receivable: +€9,004
- Tangible fixed assets -€4,998
down €4,998 (-19.3%), from €25,942 to €20,944
of which Furniture and vehicles: -€2,545
- Reserves +€8,560
up €8,560 (+13.4%), from €63,784 to €72,344
- Tax, wage and social debts +€6,914
up €6,914 (+104.1%), from €6,640 to €13,555
- Other debts +€3,881
up €3,881 (+16.7%), from €23,282 to €27,164
- Gross operating margin +€17,532
up €17,532 (+34.8%), from €50,387 to €67,919
- Taxes +€8,739
up €8,739 (+74.7%), from €11,693 to €20,432
- Other operating charges -€3,533
down €3,533 (-59.8%), from €5,905 to €2,372
- Financial charges +€2,657
up €2,657 (+865.9%), from €307 to €2,964
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 | €100,892 | €119,890 | +€18,998 | +18.8% |
| Fixed assets | 21/28 | €25,985 | €20,987 | -€4,998 | -19.2% |
| Tangible fixed assets | 22/27 | €25,942 | €20,944 | -€4,998 | -19.3% |
| Plant, machinery and equipment | 23 | €11,923 | €10,322 | -€1,602 | -13.4% |
| Furniture and vehicles | 24 | €8,150 | €5,605 | -€2,545 | -31.2% |
| Other tangible fixed assets | 26 | €5,868 | €5,017 | -€851 | -14.5% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €74,907 | €98,902 | +€23,996 | +32.0% |
| Amounts receivable within one year | 40/41 | €57,114 | €64,897 | +€7,783 | +13.6% |
| Trade receivables | 40 | €1,222 | - | -€1,222 | |
| Other amounts receivable | 41 | €55,893 | €64,897 | +€9,004 | +16.1% |
| Cash at bank and in hand | 54/58 | €16,377 | €32,130 | +€15,752 | +96.2% |
| Deferred charges and accrued income | 490/1 | €1,415 | €1,876 | +€461 | +32.6% |
| Total equity and liabilities | 10/49 | €100,892 | €119,890 | +€18,998 | +18.8% |
| Equity | 10/15 | €69,984 | €78,544 | +€8,560 | +12.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,784 | €72,344 | +€8,560 | +13.4% |
| Distributable reserves | 133 | €63,784 | €72,344 | +€8,560 | +13.4% |
| Amounts payable | 17/49 | €30,908 | €41,346 | +€10,438 | +33.8% |
| Amounts payable within one year | 42/48 | €30,908 | €41,346 | +€10,438 | +33.8% |
| Trade debts | 44 | €985 | €627 | -€358 | -36.3% |
| Suppliers | 440/4 | €985 | €627 | -€358 | -36.3% |
| Taxes, remuneration and social security | 45 | €6,640 | €13,555 | +€6,914 | +104.1% |
| Taxes | 450/3 | €6,640 | €13,555 | +€6,914 | +104.1% |
| Other amounts payable | 47/48 | €23,282 | €27,164 | +€3,881 | +16.7% |
| Non-recurring operating income | 76A | €58 | - | -€58 | |
| Remuneration, social security and pensions | 62 | €7 | - | -€7 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,084 | €4,998 | -€86 | -1.7% |
| Other operating charges | 640/8 | €5,905 | €2,372 | -€3,533 | -59.8% |
| Gross operating margin | 9900 | €50,387 | €67,919 | +€17,532 | +34.8% |
| Operating profit (loss) | 9901 | €39,391 | €60,549 | +€21,158 | +53.7% |
| Financial charges | 65/66B | €307 | €2,964 | +€2,657 | +865.9% |
| Recurring financial charges | 65 | €307 | €2,964 | +€2,657 | +865.9% |
| Profit (loss) for the period before taxes | 9903 | €39,084 | €57,585 | +€18,501 | +47.3% |
| Income taxes | 67/77 | €11,693 | €20,432 | +€8,739 | +74.7% |
| Profit (loss) for the period | 9904 | €27,391 | €37,153 | +€9,762 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,391 | €37,153 | +€9,762 | +35.6% |
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 28 September 2026 via checked.be.