LM.COM: 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.
LM.COM
Largest movements
- Tangible fixed assets -€14,878
down €14,878 (-4.4%), from €340,983 to €326,105
of which Land and buildings: -€14,682
- Cash +€8,015
up €8,015 (+71.2%), from €11,265 to €19,280
mainly Net result for the year (+€37,829) and Depreciation (+€18,198)
- Profit (loss) carried forward +€37,829
up €37,829, from -€36,202 to €1,627
- Debts after one year -€30,000
down €30,000 (-16.9%), from €177,500 to €147,500
- Other debts -€13,782
down €13,782 (-6.4%), from €214,958 to €201,176
- Other operating charges -€174,836
down €174,836 (-99.8%), from €175,236 to €400
- Financial charges -€28,311
down €28,311 (-84.7%), from €33,423 to €5,113
of which Non-recurring financial charges: -€25,000
- Gross operating margin +€6,543
up €6,543 (+11.9%), from €54,995 to €61,538
- Depreciation +€649
up €649 (+3.7%), from €17,549 to €18,198
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €367,181 | €359,864 | -€7,318 | -2.0% |
| Fixed assets | 21/28 | €341,033 | €326,155 | -€14,878 | -4.4% |
| Tangible fixed assets | 22/27 | €340,983 | €326,105 | -€14,878 | -4.4% |
| Land and buildings | 22 | €336,866 | €322,184 | -€14,682 | -4.4% |
| Furniture and vehicles | 24 | €4,117 | €3,921 | -€196 | -4.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €26,148 | €33,709 | +€7,560 | +28.9% |
| Stocks and contracts in progress | 3 | €12,146 | €10,945 | -€1,201 | -9.9% |
| Stocks | 30/36 | €12,146 | €10,945 | -€1,201 | -9.9% |
| Amounts receivable within one year | 40/41 | €2,388 | €3,484 | +€1,096 | +45.9% |
| Trade receivables | 40 | - | €327 | +€327 | |
| Other amounts receivable | 41 | €2,388 | €3,157 | +€769 | +32.2% |
| Cash at bank and in hand | 54/58 | €11,265 | €19,280 | +€8,015 | +71.2% |
| Deferred charges and accrued income | 490/1 | €350 | - | -€350 | |
| Total equity and liabilities | 10/49 | €367,181 | €359,864 | -€7,318 | -2.0% |
| Equity | 10/15 | -€28,142 | €9,687 | +€37,829 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,202 | €1,627 | +€37,829 | |
| Amounts payable | 17/49 | €395,323 | €350,176 | -€45,146 | -11.4% |
| Amounts payable after more than one year | 17 | €177,500 | €147,500 | -€30,000 | -16.9% |
| Financial debts | 170/4 | €177,500 | €147,500 | -€30,000 | -16.9% |
| Amounts payable within one year | 42/48 | €216,573 | €202,676 | -€13,896 | -6.4% |
| Trade debts | 44 | €115 | - | -€115 | |
| Suppliers | 440/4 | €115 | - | -€115 | |
| Taxes, remuneration and social security | 45 | €1,500 | €1,500 | = | 0.0% |
| Taxes | 450/3 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €214,958 | €201,176 | -€13,782 | -6.4% |
| Accrued charges and deferred income | 492/3 | €1,250 | - | -€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,549 | €18,198 | +€649 | +3.7% |
| Other operating charges | 640/8 | €175,236 | €400 | -€174,836 | -99.8% |
| Gross operating margin | 9900 | €54,995 | €61,538 | +€6,543 | +11.9% |
| Operating profit (loss) | 9901 | -€137,789 | €42,940 | +€180,730 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €33,423 | €5,113 | -€28,311 | -84.7% |
| Recurring financial charges | 65 | €8,423 | €5,113 | -€3,311 | -39.3% |
| Non-recurring financial charges | 66B | €25,000 | - | -€25,000 | |
| Profit (loss) for the period before taxes | 9903 | -€171,212 | €37,829 | +€209,041 | |
| Profit (loss) for the period | 9904 | -€171,212 | €37,829 | +€209,041 | |
| Profit (loss) for the period to be appropriated | 9905 | -€171,212 | €37,829 | +€209,041 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.