LLN PROJECT: 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.
LLN PROJECT
Largest movements
- Receivables within one year +€10,200
new in 2025: €10,200
- Cash +€351
up €351 (+101.2%), from €347 to €698
mainly Trade debts (+€7,043) and Net result for the year (+€2,208)
- Trade debts +€7,043
up €7,043 (+1819.9%), from €387 to €7,430
- Profit (loss) carried forward +€2,208
up €2,208, from -€40 to €2,168
- Other debts +€1,300
new in 2025: €1,300
- Turnover +€23,441
up €23,441 (+32.8%), from €71,450 to €94,891
- Purchases and services +€19,662
up €19,662 (+27.4%), from €71,723 to €91,385
- Other operating charges -€1,579
down €1,579 (-69.0%), from €2,288 to €709
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 | €24,347 | €34,898 | +€10,551 | +43.3% |
| Fixed assets | 21/28 | €24,000 | €24,000 | = | 0.0% |
| Financial fixed assets | 28 | €24,000 | €24,000 | = | 0.0% |
| Current assets | 29/58 | €347 | €10,898 | +€10,551 | +3040.6% |
| Amounts receivable within one year | 40/41 | - | €10,200 | +€10,200 | |
| Trade receivables | 40 | - | €10,200 | +€10,200 | |
| Cash at bank and in hand | 54/58 | €347 | €698 | +€351 | +101.2% |
| Total equity and liabilities | 10/49 | €24,347 | €34,898 | +€10,551 | +43.3% |
| Equity | 10/15 | -€40 | €2,168 | +€2,208 | |
| Contributions | 10/11 | €0 | €0 | = | |
| Capital | 10 | €0 | €0 | = | |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Uncalled capital | 101 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40 | €2,168 | +€2,208 | |
| Amounts payable | 17/49 | €24,387 | €32,730 | +€8,343 | +34.2% |
| Amounts payable after more than one year | 17 | €24,000 | €24,000 | = | 0.0% |
| Financial debts | 170/4 | €24,000 | €24,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €387 | €8,730 | +€8,343 | +2155.8% |
| Trade debts | 44 | €387 | €7,430 | +€7,043 | +1819.9% |
| Suppliers | 440/4 | €387 | €7,430 | +€7,043 | +1819.9% |
| Other amounts payable | 47/48 | - | €1,300 | +€1,300 | |
| Turnover | 70 | €71,450 | €94,891 | +€23,441 | +32.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €71,723 | €91,385 | +€19,662 | +27.4% |
| Other operating charges | 640/8 | €2,288 | €709 | -€1,579 | -69.0% |
| Gross operating margin | 9900 | €2,978 | €3,506 | +€528 | +17.7% |
| Operating profit (loss) | 9901 | €690 | €2,797 | +€2,107 | +305.4% |
| Financial charges | 65/66B | €730 | €589 | -€141 | -19.3% |
| Recurring financial charges | 65 | €730 | €589 | -€141 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | -€40 | €2,208 | +€2,248 | |
| Profit (loss) for the period | 9904 | -€40 | €2,208 | +€2,248 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40 | €2,208 | +€2,248 |
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 2 October 2026 via checked.be.