LM Accounting: 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.
LM Accounting
Largest movements
- Tangible fixed assets -€8,288
down €8,288 (-22.2%), from €37,266 to €28,978
of which Furniture and vehicles: -€8,462
- Receivables within one year +€6,457
up €6,457 (+21.6%), from €29,932 to €36,389
of which Trade receivables: +€5,385
- Cash +€1,973
up €1,973 (+52.8%), from €3,734 to €5,707
mainly Depreciation (+€12,503) and Tax, wage and social debts (+€9,273)
- Tax, wage and social debts +€9,273
up €9,273 (+915%), from €1,013 to €10,287
of which Taxes: +€6,033
- Debts after one year -€6,103
down €6,103 (-100%), from €6,103 to €0
- Current portion of long-term debt -€5,791
down €5,791 (-48.7%), from €11,894 to €6,103
- Other debts +€5,271
up €5,271 (+72.3%), from €7,295 to €12,566
- Trade debts -€2,444
down €2,444 (-100%), from €2,444 to €0
- Gross operating margin -€31,790
down €31,790 (-68.1%), from €46,671 to €14,881
- Taxes -€6,254
down €6,254 (-80.7%), from €7,748 to €1,494
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 | €70,932 | €71,214 | +€282 | +0.4% |
| Fixed assets | 21/28 | €37,266 | €28,978 | -€8,288 | -22.2% |
| Tangible fixed assets | 22/27 | €37,266 | €28,978 | -€8,288 | -22.2% |
| Furniture and vehicles | 24 | €32,621 | €24,159 | -€8,462 | -25.9% |
| Other tangible fixed assets | 26 | €4,645 | €4,819 | +€174 | +3.7% |
| Current assets | 29/58 | €33,666 | €42,236 | +€8,570 | +25.5% |
| Amounts receivable within one year | 40/41 | €29,932 | €36,389 | +€6,457 | +21.6% |
| Trade receivables | 40 | €9,680 | €15,065 | +€5,385 | +55.6% |
| Other amounts receivable | 41 | €20,252 | €21,324 | +€1,072 | +5.3% |
| Cash at bank and in hand | 54/58 | €3,734 | €5,707 | +€1,973 | +52.8% |
| Deferred charges and accrued income | 490/1 | - | €140 | +€140 | |
| Total equity and liabilities | 10/49 | €70,932 | €71,214 | +€282 | +0.4% |
| Equity | 10/15 | €42,183 | €42,258 | +€75 | +0.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,683 | €39,758 | +€75 | +0.2% |
| Amounts payable | 17/49 | €28,749 | €28,956 | +€207 | +0.7% |
| Amounts payable after more than one year | 17 | €6,103 | €0 | -€6,103 | -100% |
| Financial debts | 170/4 | €6,103 | €0 | -€6,103 | -100% |
| Amounts payable within one year | 42/48 | €22,646 | €28,956 | +€6,309 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €11,894 | €6,103 | -€5,791 | -48.7% |
| Trade debts | 44 | €2,444 | €0 | -€2,444 | -100% |
| Suppliers | 440/4 | €2,444 | €0 | -€2,444 | -100% |
| Taxes, remuneration and social security | 45 | €1,013 | €10,287 | +€9,273 | +915% |
| Taxes | 450/3 | €1,013 | €7,046 | +€6,033 | +595% |
| Remuneration and social security | 454/9 | - | €3,240 | +€3,240 | |
| Other amounts payable | 47/48 | €7,295 | €12,566 | +€5,271 | +72.3% |
| Non-recurring operating income | 76A | - | €56 | +€56 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,130 | €12,503 | +€373 | +3.1% |
| Other operating charges | 640/8 | €558 | €573 | +€15 | +2.7% |
| Gross operating margin | 9900 | €46,671 | €14,881 | -€31,790 | -68.1% |
| Operating profit (loss) | 9901 | €33,983 | €1,805 | -€32,179 | -94.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +288% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +288% |
| Financial charges | 65/66B | €450 | €235 | -€215 | -47.7% |
| Recurring financial charges | 65 | €450 | €235 | -€215 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | €33,533 | €1,569 | -€31,964 | -95.3% |
| Income taxes | 67/77 | €7,748 | €1,494 | -€6,254 | -80.7% |
| Profit (loss) for the period | 9904 | €25,785 | €75 | -€25,710 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,785 | €75 | -€25,710 | -99.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.