LM CONFORT: 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 CONFORT
Largest movements
- Receivables within one year +€151,444
up €151,444 (+419%), from €36,179 to €187,623
of which Trade receivables: +€157,198
- Cash +€73,251
up €73,251 (+28.4%), from €258,372 to €331,623
mainly Net result for the year (+€174,703) and Other debts (+€141,929)
- Tangible fixed assets +€41,931
up €41,931 (+102%), from €41,058 to €82,990
of which Furniture and vehicles: +€37,246
- Other debts +€141,929
up €141,929 (+4,492%), from €3,160 to €145,089
- Trade debts +€84,970
up €84,970 (+117%), from €72,775 to €157,745
- Reserves +€30,700
up €30,700 (+15.3%), from €200,400 to €231,100
- Advances received +€20,318
new in 2025: €20,318
- Gross operating margin +€131,980
up €131,980 (+62.2%), from €212,226 to €344,206
- Staff costs +€31,840
up €31,840 (+55.9%), from €56,939 to €88,779
- Taxes +€18,458
up €18,458 (+47.7%), from €38,666 to €57,124
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 | €335,609 | €602,236 | +€266,626 | +79.4% |
| Fixed assets | 21/28 | €41,058 | €82,990 | +€41,931 | +102% |
| Tangible fixed assets | 22/27 | €41,058 | €82,990 | +€41,931 | +102% |
| Land and buildings | 22 | €6,517 | €12,985 | +€6,468 | +99.2% |
| Plant, machinery and equipment | 23 | €11,082 | €9,299 | -€1,783 | -16.1% |
| Furniture and vehicles | 24 | €23,460 | €60,705 | +€37,246 | +159% |
| Current assets | 29/58 | €294,551 | €519,246 | +€224,695 | +76.3% |
| Amounts receivable within one year | 40/41 | €36,179 | €187,623 | +€151,444 | +419% |
| Trade receivables | 40 | €24,956 | €182,153 | +€157,198 | +630% |
| Other amounts receivable | 41 | €11,223 | €5,470 | -€5,753 | -51.3% |
| Cash at bank and in hand | 54/58 | €258,372 | €331,623 | +€73,251 | +28.4% |
| Total equity and liabilities | 10/49 | €335,609 | €602,236 | +€266,626 | +79.4% |
| Equity | 10/15 | €220,972 | €251,675 | +€30,703 | +13.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €200,400 | €231,100 | +€30,700 | +15.3% |
| Distributable reserves | 133 | €200,400 | €231,100 | +€30,700 | +15.3% |
| Profit (loss) carried forward | 14 | €112 | €115 | +€3 | +2.9% |
| Amounts payable | 17/49 | €114,637 | €350,561 | +€235,923 | +206% |
| Amounts payable after more than one year | 17 | €5,485 | - | -€5,485 | |
| Financial debts | 170/4 | €5,485 | - | -€5,485 | |
| Amounts payable within one year | 42/48 | €109,153 | €350,561 | +€241,408 | +221% |
| Trade debts | 44 | €72,775 | €157,745 | +€84,970 | +117% |
| Suppliers | 440/4 | €72,775 | €157,745 | +€84,970 | +117% |
| Advances received on contracts in progress | 46 | - | €20,318 | +€20,318 | |
| Taxes, remuneration and social security | 45 | €33,218 | €27,409 | -€5,809 | -17.5% |
| Taxes | 450/3 | €26,067 | €22,389 | -€3,677 | -14.1% |
| Remuneration and social security | 454/9 | €7,151 | €5,020 | -€2,132 | -29.8% |
| Other amounts payable | 47/48 | €3,160 | €145,089 | +€141,929 | +4,492% |
| Remuneration, social security and pensions | 62 | €56,939 | €88,779 | +€31,840 | +55.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,176 | €19,980 | +€2,804 | +16.3% |
| Other operating charges | 640/8 | €889 | €400 | -€489 | -55.0% |
| Non-recurring operating charges | 66A | €24 | €39 | +€15 | +60.3% |
| Gross operating margin | 9900 | €212,226 | €344,206 | +€131,980 | +62.2% |
| Operating profit (loss) | 9901 | €137,198 | €235,008 | +€97,810 | +71.3% |
| Financial income | 75/76B | €1,092 | €1,128 | +€37 | +3.4% |
| Recurring financial income | 75 | €1,087 | €1,118 | +€31 | +2.8% |
| Non-recurring financial income | 76B | €4 | €10 | +€6 | +135% |
| Financial charges | 65/66B | €4,439 | €4,309 | -€130 | -2.9% |
| Recurring financial charges | 65 | €4,439 | €4,309 | -€130 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €133,851 | €231,827 | +€97,977 | +73.2% |
| Income taxes | 67/77 | €38,666 | €57,124 | +€18,458 | +47.7% |
| Profit (loss) for the period | 9904 | €95,184 | €174,703 | +€79,519 | +83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €95,184 | €174,703 | +€79,519 | +83.5% |
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 31 October 2026 via checked.be.