LM CORPORATION: what changed
LM CORPORATION
Largest movements
- Receivables within one year +€4,697
up €4,697 (+11.8%), from €39,821 to €44,518
of which Other amounts receivable: +€6,275
- Cash +€1,246
up €1,246 (+13.1%), from €9,535 to €10,781
mainly Net result for the year (+€2,592) and Trade debts (+€1,971)
- Profit (loss) carried forward +€2,592
up €2,592 (+14.9%), from €17,451 to €20,043
- Trade debts +€1,971
up €1,971 (+9.4%), from €20,869 to €22,840
- Tax, wage and social debts +€1,500
up €1,500 (+58.6%), from €2,560 to €4,060
- Gross operating margin -€5,856
down €5,856 (-44.7%), from €13,105 to €7,249
- Depreciation -€2,503
down €2,503 (-100%), from €2,503 to €0
- Taxes -€560
down €560 (-27.2%), from €2,060 to €1,500
- Other operating charges -€422
down €422 (-64.1%), from €658 to €236
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,627 | €59,571 | +€5,944 | +11.1% |
| Fixed assets | 21/28 | €605 | €605 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €605 | €605 | = | 0.0% |
| Current assets | 29/58 | €53,022 | €58,966 | +€5,944 | +11.2% |
| Amounts receivable within one year | 40/41 | €39,821 | €44,518 | +€4,697 | +11.8% |
| Trade receivables | 40 | €26,054 | €24,476 | -€1,578 | -6.1% |
| Other amounts receivable | 41 | €13,767 | €20,042 | +€6,275 | +45.6% |
| Cash at bank and in hand | 54/58 | €9,535 | €10,781 | +€1,246 | +13.1% |
| Deferred charges and accrued income | 490/1 | €3,666 | €3,667 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €53,627 | €59,571 | +€5,944 | +11.1% |
| Equity | 10/15 | €29,253 | €31,845 | +€2,592 | +8.9% |
| Contributions | 10/11 | €11,270 | €11,270 | = | 0.0% |
| Capital | 10 | €11,270 | €11,270 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €7,330 | €7,330 | = | 0.0% |
| Reserves | 13 | €532 | €532 | = | 0.0% |
| Non-distributable reserves | 130/1 | €532 | €532 | = | 0.0% |
| Legal reserve | 130 | €532 | €532 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,451 | €20,043 | +€2,592 | +14.9% |
| Amounts payable | 17/49 | €24,374 | €27,726 | +€3,352 | +13.8% |
| Amounts payable after more than one year | 17 | €119 | €0 | -€119 | -100% |
| Financial debts | 170/4 | €119 | €0 | -€119 | -100% |
| Amounts payable within one year | 42/48 | €24,255 | €27,726 | +€3,471 | +14.3% |
| Trade debts | 44 | €20,869 | €22,840 | +€1,971 | +9.4% |
| Suppliers | 440/4 | €20,869 | €22,840 | +€1,971 | +9.4% |
| Taxes, remuneration and social security | 45 | €2,560 | €4,060 | +€1,500 | +58.6% |
| Taxes | 450/3 | €2,560 | €4,060 | +€1,500 | +58.6% |
| Other amounts payable | 47/48 | €826 | €826 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,503 | €0 | -€2,503 | -100% |
| Other operating charges | 640/8 | €658 | €236 | -€422 | -64.1% |
| Non-recurring operating charges | 66A | €1,548 | €3,041 | +€1,493 | +96.4% |
| Gross operating margin | 9900 | €13,105 | €7,249 | -€5,856 | -44.7% |
| Operating profit (loss) | 9901 | €8,396 | €3,972 | -€4,424 | -52.7% |
| Financial income | 75/76B | - | €120 | +€120 | |
| Recurring financial income | 75 | - | €120 | +€120 | |
| Profit (loss) for the period before taxes | 9903 | €8,396 | €4,092 | -€4,304 | -51.3% |
| Income taxes | 67/77 | €2,060 | €1,500 | -€560 | -27.2% |
| Profit (loss) for the period | 9904 | €6,336 | €2,592 | -€3,744 | -59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,336 | €2,592 | -€3,744 | -59.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.