LM Châssis Wavre: 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 Châssis Wavre
Largest movements
- Receivables within one year +€43,686
up €43,686 (+597%), from €7,312 to €50,998
of which Trade receivables: +€32,535
- Cash -€23,256
down €23,256 (-43.6%), from €53,376 to €30,121
mainly Receivables within one year (-€43,686) and Trade debts (-€31,837)
- Accrued charges and deferred income +€40,971
new in 2025: €40,971
- Trade debts -€31,837
down €31,837 (-95.1%), from €33,469 to €1,632
of which Suppliers: -€17,889
- Reserves +€20,669
up €20,669 (+75.6%), from €27,335 to €48,004
- Debts after one year -€5,913
down €5,913 (-92.1%), from €6,418 to €505
- Current portion of long-term debt -€3,234
down €3,234 (-35.4%), from €9,147 to €5,913
- Gross operating margin +€19,015
up €19,015 (+98.6%), from €19,291 to €38,306
- Depreciation +€1,249
up €1,249 (+13.5%), from €9,285 to €10,534
- Financial income -€804
down €804 (-84.9%), from €947 to €143
- Other operating charges +€683
up €683 (+139%), from €493 to €1,177
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 | €82,946 | €103,526 | +€20,579 | +24.8% |
| Fixed assets | 21/28 | €22,258 | €22,408 | +€149 | +0.7% |
| Tangible fixed assets | 22/27 | €22,258 | €22,408 | +€149 | +0.7% |
| Plant, machinery and equipment | 23 | €10,639 | €7,043 | -€3,595 | -33.8% |
| Furniture and vehicles | 24 | €11,620 | €15,364 | +€3,744 | +32.2% |
| Current assets | 29/58 | €60,688 | €81,118 | +€20,430 | +33.7% |
| Amounts receivable within one year | 40/41 | €7,312 | €50,998 | +€43,686 | +597% |
| Trade receivables | 40 | €0 | €32,535 | +€32,535 | +325,349,900% |
| Other amounts receivable | 41 | €7,312 | €18,463 | +€11,151 | +153% |
| Cash at bank and in hand | 54/58 | €53,376 | €30,121 | -€23,256 | -43.6% |
| Total equity and liabilities | 10/49 | €82,946 | €103,526 | +€20,579 | +24.8% |
| Equity | 10/15 | €33,535 | €54,204 | +€20,669 | +61.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,335 | €48,004 | +€20,669 | +75.6% |
| Distributable reserves | 133 | €27,335 | €48,004 | +€20,669 | +75.6% |
| Amounts payable | 17/49 | €49,411 | €49,321 | -€90 | -0.2% |
| Amounts payable after more than one year | 17 | €6,418 | €505 | -€5,913 | -92.1% |
| Financial debts | 170/4 | €6,418 | €505 | -€5,913 | -92.1% |
| Amounts payable within one year | 42/48 | €42,993 | €7,845 | -€35,148 | -81.8% |
| Current portion of amounts payable after more than one year | 42 | €9,147 | €5,913 | -€3,234 | -35.4% |
| Trade debts | 44 | €33,469 | €1,632 | -€31,837 | -95.1% |
| Suppliers | 440/4 | €19,521 | €1,632 | -€17,889 | -91.6% |
| Bills of exchange payable | 441 | €13,948 | - | -€13,948 | |
| Other amounts payable | 47/48 | €377 | €300 | -€77 | -20.4% |
| Accrued charges and deferred income | 492/3 | - | €40,971 | +€40,971 | |
| Remuneration, social security and pensions | 62 | - | €287 | +€287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,285 | €10,534 | +€1,249 | +13.5% |
| Other operating charges | 640/8 | €493 | €1,177 | +€683 | +139% |
| Gross operating margin | 9900 | €19,291 | €38,306 | +€19,015 | +98.6% |
| Operating profit (loss) | 9901 | €9,513 | €26,308 | +€16,796 | +177% |
| Financial income | 75/76B | €947 | €143 | -€804 | -84.9% |
| Recurring financial income | 75 | €947 | €143 | -€804 | -84.9% |
| Financial charges | 65/66B | €985 | €782 | -€203 | -20.6% |
| Recurring financial charges | 65 | €985 | €782 | -€203 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €9,474 | €25,669 | +€16,195 | +171% |
| Income taxes | 67/77 | €4,881 | €5,000 | +€119 | +2.4% |
| Profit (loss) for the period | 9904 | €4,593 | €20,669 | +€16,076 | +350% |
| Profit (loss) for the period to be appropriated | 9905 | €4,593 | €20,669 | +€16,076 | +350% |
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 27 October 2026 via checked.be.