LLCR MANAGEMENT: 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.
LLCR MANAGEMENT
Largest movements
- Financial fixed assets +€27,854
up €27,854 (+11,141%), from €250 to €28,104
- Tangible fixed assets -€6,446
down €6,446 (-36.4%), from €17,724 to €11,278
- Receivables within one year +€5,368
up €5,368 (+49.2%), from €10,918 to €16,286
of which Other amounts receivable: +€5,336
- Cash +€1,336
up €1,336 (+4.5%), from €29,988 to €31,324
mainly Net result for the year (+€33,585) and Tax, wage and social debts (+€11,291)
- Profit (loss) carried forward +€33,585
up €33,585 (+123%), from €27,301 to €60,886
- Other debts -€18,602
no longer reported in 2025 (was €18,602)
- Tax, wage and social debts +€11,291
up €11,291 (+85.1%), from €13,273 to €24,564
- Trade debts +€1,839
up €1,839 (+3,433%), from €54 to €1,893
- Gross operating margin +€8,182
up €8,182 (+17.4%), from €47,020 to €55,202
- Taxes +€2,436
up €2,436 (+27.2%), from €8,958 to €11,394
- Depreciation -€1,161
down €1,161 (-12.2%), from €9,495 to €8,334
- Other operating charges -€652
down €652 (-61.7%), from €1,057 to €405
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 | €60,230 | €88,343 | +€28,113 | +46.7% |
| Fixed assets | 21/28 | €17,974 | €39,382 | +€21,408 | +119% |
| Tangible fixed assets | 22/27 | €17,724 | €11,278 | -€6,446 | -36.4% |
| Furniture and vehicles | 24 | €17,724 | €11,278 | -€6,446 | -36.4% |
| Financial fixed assets | 28 | €250 | €28,104 | +€27,854 | +11,141% |
| Current assets | 29/58 | €42,256 | €48,961 | +€6,705 | +15.9% |
| Amounts receivable within one year | 40/41 | €10,918 | €16,286 | +€5,368 | +49.2% |
| Trade receivables | 40 | €10,918 | €10,950 | +€32 | +0.3% |
| Other amounts receivable | 41 | - | €5,336 | +€5,336 | |
| Cash at bank and in hand | 54/58 | €29,988 | €31,324 | +€1,336 | +4.5% |
| Deferred charges and accrued income | 490/1 | €1,350 | €1,351 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €60,230 | €88,343 | +€28,113 | +46.7% |
| Equity | 10/15 | €28,301 | €61,886 | +€33,585 | +119% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,301 | €60,886 | +€33,585 | +123% |
| Amounts payable | 17/49 | €31,929 | €26,457 | -€5,472 | -17.1% |
| Amounts payable within one year | 42/48 | €31,929 | €26,457 | -€5,472 | -17.1% |
| Trade debts | 44 | €54 | €1,893 | +€1,839 | +3,433% |
| Suppliers | 440/4 | €54 | €1,893 | +€1,839 | +3,433% |
| Taxes, remuneration and social security | 45 | €13,273 | €24,564 | +€11,291 | +85.1% |
| Taxes | 450/3 | €13,273 | €24,564 | +€11,291 | +85.1% |
| Other amounts payable | 47/48 | €18,602 | - | -€18,602 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,495 | €8,334 | -€1,161 | -12.2% |
| Other operating charges | 640/8 | €1,057 | €405 | -€652 | -61.7% |
| Non-recurring operating charges | 66A | - | €1,660 | +€1,660 | |
| Gross operating margin | 9900 | €47,020 | €55,202 | +€8,182 | +17.4% |
| Operating profit (loss) | 9901 | €36,467 | €44,802 | +€8,335 | +22.9% |
| Financial income | 75/76B | €27 | €390 | +€363 | +1,369% |
| Recurring financial income | 75 | €27 | €390 | +€363 | +1,369% |
| Financial charges | 65/66B | €235 | €212 | -€22 | -9.4% |
| Recurring financial charges | 65 | €235 | €212 | -€22 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €36,259 | €44,979 | +€8,720 | +24.0% |
| Income taxes | 67/77 | €8,958 | €11,394 | +€2,436 | +27.2% |
| Profit (loss) for the period | 9904 | €27,301 | €33,585 | +€6,284 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,301 | €33,585 | +€6,284 | +23.0% |
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 24 October 2026 via checked.be.