LLS CONSULT: 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.
LLS CONSULT
Largest movements
- Receivables within one year +€50,575
up €50,575 (+57.7%), from €87,600 to €138,175
of which Other amounts receivable: +€82,214
- Cash +€34,527
up €34,527 (+45.7%), from €75,576 to €110,103
mainly Net result for the year (+€199,220) and Other debts (+€70,320)
- Receivables after one year +€21,183
new in 2025: €21,183
- Debts after one year -€73,404
down €73,404 (-11.9%), from €615,015 to €541,611
- Other debts +€70,320
up €70,320 (+624.7%), from €11,256 to €81,576
- Reserves +€70,000
up €70,000 (+14.9%), from €470,000 to €540,000
- Tax, wage and social debts +€30,325
up €30,325 (+128.4%), from €23,611 to €53,936
- Trade debts -€23,982
down €23,982 (-91.4%), from €26,227 to €2,245
- Financial charges -€16,510
down €16,510 (-39.3%), from €41,958 to €25,448
- Depreciation -€7,104
down €7,104 (-35.8%), from €19,844 to €12,740
- Taxes +€6,371
up €6,371 (+34.2%), from €18,629 to €24,999
- Gross operating margin +€3,322
up €3,322 (+5.8%), from €57,672 to €60,994
- Financial income +€3,015
up €3,015 (+1.5%), from €200,504 to €203,518
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 | €1,469,519 | €1,564,929 | +€95,410 | +6.5% |
| Fixed assets | 21/28 | €1,306,059 | €1,294,533 | -€11,526 | -0.9% |
| Tangible fixed assets | 22/27 | €186,059 | €174,533 | -€11,526 | -6.2% |
| Land and buildings | 22 | €175,084 | €166,125 | -€8,959 | -5.1% |
| Plant, machinery and equipment | 23 | €5,465 | €4,263 | -€1,202 | -22.0% |
| Furniture and vehicles | 24 | €3,661 | €2,295 | -€1,366 | -37.3% |
| Other tangible fixed assets | 26 | €1,850 | €1,850 | = | 0.0% |
| Financial fixed assets | 28 | €1,120,000 | €1,120,000 | = | 0.0% |
| Current assets | 29/58 | €163,459 | €270,396 | +€106,936 | +65.4% |
| Amounts receivable after more than one year | 29 | - | €21,183 | +€21,183 | |
| Other amounts receivable | 291 | - | €21,183 | +€21,183 | |
| Amounts receivable within one year | 40/41 | €87,600 | €138,175 | +€50,575 | +57.7% |
| Trade receivables | 40 | €47,930 | €16,290 | -€31,640 | -66.0% |
| Other amounts receivable | 41 | €39,670 | €121,884 | +€82,214 | +207.2% |
| Cash at bank and in hand | 54/58 | €75,576 | €110,103 | +€34,527 | +45.7% |
| Deferred charges and accrued income | 490/1 | €283 | €935 | +€652 | +230.0% |
| Total equity and liabilities | 10/49 | €1,469,519 | €1,564,929 | +€95,410 | +6.5% |
| Equity | 10/15 | €727,937 | €819,657 | +€91,720 | +12.6% |
| Contributions | 10/11 | €1,855 | €1,855 | = | 0.0% |
| Reserves | 13 | €470,000 | €540,000 | +€70,000 | +14.9% |
| Distributable reserves | 133 | €470,000 | €540,000 | +€70,000 | +14.9% |
| Profit (loss) carried forward | 14 | €256,082 | €277,802 | +€21,720 | +8.5% |
| Amounts payable | 17/49 | €741,581 | €745,272 | +€3,690 | +0.5% |
| Amounts payable after more than one year | 17 | €615,015 | €541,611 | -€73,404 | -11.9% |
| Financial debts | 170/4 | €615,015 | €541,611 | -€73,404 | -11.9% |
| Amounts payable within one year | 42/48 | €126,567 | €203,661 | +€77,094 | +60.9% |
| Current portion of amounts payable after more than one year | 42 | €65,270 | €65,904 | +€634 | +1.0% |
| Financial debts | 43 | €203 | - | -€203 | |
| Credit institutions | 430/8 | €203 | - | -€203 | |
| Trade debts | 44 | €26,227 | €2,245 | -€23,982 | -91.4% |
| Suppliers | 440/4 | €26,227 | €2,245 | -€23,982 | -91.4% |
| Taxes, remuneration and social security | 45 | €23,611 | €53,936 | +€30,325 | +128.4% |
| Taxes | 450/3 | €23,611 | €53,936 | +€30,325 | +128.4% |
| Other amounts payable | 47/48 | €11,256 | €81,576 | +€70,320 | +624.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,844 | €12,740 | -€7,104 | -35.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €265 | +€265 | |
| Other operating charges | 640/8 | €1,954 | €1,840 | -€114 | -5.8% |
| Gross operating margin | 9900 | €57,672 | €60,994 | +€3,322 | +5.8% |
| Operating profit (loss) | 9901 | €35,874 | €46,149 | +€10,275 | +28.6% |
| Financial income | 75/76B | €200,504 | €203,518 | +€3,015 | +1.5% |
| Recurring financial income | 75 | €200,504 | €203,518 | +€3,015 | +1.5% |
| Financial charges | 65/66B | €41,958 | €25,448 | -€16,510 | -39.3% |
| Recurring financial charges | 65 | €41,958 | €25,448 | -€16,510 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €194,420 | €224,219 | +€29,799 | +15.3% |
| Income taxes | 67/77 | €18,629 | €24,999 | +€6,371 | +34.2% |
| Profit (loss) for the period | 9904 | €175,791 | €199,220 | +€23,429 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €175,791 | €199,220 | +€23,429 | +13.3% |
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 10 October 2026 via checked.be.