LLB: 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.
LLB
Largest movements
- Current investments +€75,000
up €75,000 (+75.0%), from €100,000 to €175,000
- Intangible fixed assets -€40,000
down €40,000 (-23.5%), from €170,000 to €130,000
- Cash -€28,780
down €28,780 (-57.8%), from €49,825 to €21,045
mainly Current investments (-€75,000) and Contributions, distributions and other (-€66,000)
- Tangible fixed assets -€22,047
down €22,047 (-4.0%), from €548,974 to €526,927
of which Land and buildings: -€14,300
- Debts after one year -€26,795
down €26,795 (-5.3%), from €507,037 to €480,242
- Current portion of long-term debt +€16,755
up €16,755 (+314.9%), from €5,320 to €22,075
- Other debts +€12,952
up €12,952 (+12.4%), from €104,203 to €117,155
- Reserves -€8,869
down €8,869 (-3.9%), from €224,778 to €215,909
- Gross operating margin +€24,714
up €24,714 (+18.3%), from €135,258 to €159,972
- Taxes +€10,946
up €10,946 (+92.0%), from €11,894 to €22,840
- Other operating charges -€2,796
down €2,796 (-47.2%), from €5,924 to €3,128
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 | €872,074 | €858,712 | -€13,362 | -1.5% |
| Fixed assets | 21/28 | €718,974 | €656,927 | -€62,047 | -8.6% |
| Intangible fixed assets | 21 | €170,000 | €130,000 | -€40,000 | -23.5% |
| Tangible fixed assets | 22/27 | €548,974 | €526,927 | -€22,047 | -4.0% |
| Land and buildings | 22 | €531,837 | €517,538 | -€14,300 | -2.7% |
| Plant, machinery and equipment | 23 | €533 | €0 | -€533 | -100.0% |
| Furniture and vehicles | 24 | €16,603 | €9,389 | -€7,214 | -43.4% |
| Current assets | 29/58 | €153,100 | €201,785 | +€48,685 | +31.8% |
| Amounts receivable within one year | 40/41 | €307 | €2,823 | +€2,516 | +818.6% |
| Trade receivables | 40 | €307 | - | -€307 | |
| Other amounts receivable | 41 | - | €2,823 | +€2,823 | |
| Current investments | 50/53 | €100,000 | €175,000 | +€75,000 | +75.0% |
| Cash at bank and in hand | 54/58 | €49,825 | €21,045 | -€28,780 | -57.8% |
| Deferred charges and accrued income | 490/1 | €2,968 | €2,918 | -€50 | -1.7% |
| Total equity and liabilities | 10/49 | €872,074 | €858,712 | -€13,362 | -1.5% |
| Equity | 10/15 | €237,761 | €228,892 | -€8,869 | -3.7% |
| Contributions | 10/11 | €12,983 | €12,983 | = | 0.0% |
| Reserves | 13 | €224,778 | €215,909 | -€8,869 | -3.9% |
| Distributable reserves | 133 | €224,778 | €215,909 | -€8,869 | -3.9% |
| Amounts payable | 17/49 | €634,313 | €629,821 | -€4,493 | -0.7% |
| Amounts payable after more than one year | 17 | €507,037 | €480,242 | -€26,795 | -5.3% |
| Financial debts | 170/4 | €507,037 | €480,242 | -€26,795 | -5.3% |
| Amounts payable within one year | 42/48 | €127,022 | €149,537 | +€22,514 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €5,320 | €22,075 | +€16,755 | +314.9% |
| Trade debts | 44 | €44 | €1,151 | +€1,107 | +2518.1% |
| Suppliers | 440/4 | €44 | €1,151 | +€1,107 | +2518.1% |
| Advances received on contracts in progress | 46 | €2,825 | €2,722 | -€102 | -3.6% |
| Taxes, remuneration and social security | 45 | €14,630 | €6,433 | -€8,197 | -56.0% |
| Taxes | 450/3 | €14,630 | €6,433 | -€8,197 | -56.0% |
| Other amounts payable | 47/48 | €104,203 | €117,155 | +€12,952 | +12.4% |
| Accrued charges and deferred income | 492/3 | €254 | €42 | -€212 | -83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,729 | €63,220 | -€509 | -0.8% |
| Other operating charges | 640/8 | €5,924 | €3,128 | -€2,796 | -47.2% |
| Gross operating margin | 9900 | €135,258 | €159,972 | +€24,714 | +18.3% |
| Operating profit (loss) | 9901 | €65,606 | €93,624 | +€28,018 | +42.7% |
| Financial income | 75/76B | €1,586 | €2,210 | +€625 | +39.4% |
| Recurring financial income | 75 | €1,586 | €2,210 | +€625 | +39.4% |
| Financial charges | 65/66B | €16,051 | €15,863 | -€188 | -1.2% |
| Recurring financial charges | 65 | €16,051 | €15,863 | -€188 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €51,140 | €79,971 | +€28,831 | +56.4% |
| Income taxes | 67/77 | €11,894 | €22,840 | +€10,946 | +92.0% |
| Profit (loss) for the period | 9904 | €39,246 | €57,131 | +€17,885 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,246 | €57,131 | +€17,885 | +45.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.