LM BUILDING: 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 BUILDING
Largest movements
- Tangible fixed assets -€34,740
down €34,740 (-3.7%), from €927,308 to €892,568
of which Land and buildings: -€41,455
- Receivables within one year +€33,995
up €33,995 (+18.6%), from €182,376 to €216,371
of which Other amounts receivable: +€17,995
- Debts after one year -€106,115
down €106,115 (-9.5%), from €1.1m to €1.0m
- Trade debts +€37,610
up €37,610 (+1,808%), from €2,081 to €39,691
- Reserves +€33,351
up €33,351 (+58.2%), from €57,322 to €90,673
- Gross operating margin +€58,395
up €58,395 (+61.6%), from €94,771 to €153,166
- Taxes +€10,869
up €10,869 (+670%), from €1,623 to €12,492
- Financial charges +€10,792
up €10,792 (+52.0%), from €20,759 to €31,551
- Other operating charges +€5,679
up €5,679 (+50.0%), from €11,360 to €17,040
- Depreciation +€2,450
up €2,450 (+4.2%), from €58,680 to €61,130
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 | €1,709,707 | €1,679,424 | -€30,283 | -1.8% |
| Fixed assets | 21/28 | €1,489,808 | €1,455,068 | -€34,740 | -2.3% |
| Tangible fixed assets | 22/27 | €927,308 | €892,568 | -€34,740 | -3.7% |
| Land and buildings | 22 | €805,001 | €763,545 | -€41,455 | -5.1% |
| Plant, machinery and equipment | 23 | €120,482 | €104,111 | -€16,370 | -13.6% |
| Furniture and vehicles | 24 | €1,826 | €24,912 | +€23,086 | +1,265% |
| Financial fixed assets | 28 | €562,500 | €562,500 | = | 0.0% |
| Current assets | 29/58 | €219,899 | €224,355 | +€4,456 | +2.0% |
| Amounts receivable within one year | 40/41 | €182,376 | €216,371 | +€33,995 | +18.6% |
| Trade receivables | 40 | €6,000 | €22,000 | +€16,000 | +267% |
| Other amounts receivable | 41 | €176,376 | €194,371 | +€17,995 | +10.2% |
| Cash at bank and in hand | 54/58 | €19,009 | €4,365 | -€14,645 | -77.0% |
| Deferred charges and accrued income | 490/1 | €18,514 | €3,620 | -€14,894 | -80.4% |
| Total equity and liabilities | 10/49 | €1,709,707 | €1,679,424 | -€30,283 | -1.8% |
| Equity | 10/15 | €63,522 | €96,873 | +€33,351 | +52.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,322 | €90,673 | +€33,351 | +58.2% |
| Distributable reserves | 133 | €57,322 | €90,673 | +€33,351 | +58.2% |
| Amounts payable | 17/49 | €1,646,185 | €1,582,550 | -€63,634 | -3.9% |
| Amounts payable after more than one year | 17 | €1,114,120 | €1,008,006 | -€106,115 | -9.5% |
| Financial debts | 170/4 | €1,114,120 | €1,008,006 | -€106,115 | -9.5% |
| Amounts payable within one year | 42/48 | €526,722 | €574,071 | +€47,349 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €103,447 | €106,115 | +€2,668 | +2.6% |
| Trade debts | 44 | €2,081 | €39,691 | +€37,610 | +1,808% |
| Suppliers | 440/4 | €2,081 | €39,691 | +€37,610 | +1,808% |
| Taxes, remuneration and social security | 45 | €1,657 | €12,526 | +€10,869 | +656% |
| Taxes | 450/3 | €1,657 | €12,526 | +€10,869 | +656% |
| Other amounts payable | 47/48 | €419,537 | €415,739 | -€3,798 | -0.9% |
| Accrued charges and deferred income | 492/3 | €5,343 | €474 | -€4,869 | -91.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,680 | €61,130 | +€2,450 | +4.2% |
| Other operating charges | 640/8 | €11,360 | €17,040 | +€5,679 | +50.0% |
| Gross operating margin | 9900 | €94,771 | €153,166 | +€58,395 | +61.6% |
| Operating profit (loss) | 9901 | €24,730 | €74,996 | +€50,266 | +203% |
| Financial income | 75/76B | €2,110 | €2,398 | +€288 | +13.7% |
| Recurring financial income | 75 | €2,110 | €2,398 | +€288 | +13.7% |
| Financial charges | 65/66B | €20,759 | €31,551 | +€10,792 | +52.0% |
| Recurring financial charges | 65 | €20,759 | €31,551 | +€10,792 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | €6,081 | €45,843 | +€39,762 | +654% |
| Income taxes | 67/77 | €1,623 | €12,492 | +€10,869 | +670% |
| Profit (loss) for the period | 9904 | €4,458 | €33,351 | +€28,893 | +648% |
| Profit (loss) for the period to be appropriated | 9905 | €4,458 | €33,351 | +€28,893 | +648% |
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 18 October 2026 via checked.be.