LM ELECTRONICS: 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 ELECTRONICS
Largest movements
- Cash +€30,267
up €30,267 (+134%), from €22,610 to €52,878
mainly Net result for the year (+€33,011) and Other debts (+€31,242)
- Receivables within one year -€11,574
down €11,574 (-51.2%), from €22,590 to €11,016
of which Trade receivables: -€11,535
- Tangible fixed assets +€5,214
up €5,214 (+165%), from €3,155 to €8,370
- Other debts +€31,242
up €31,242 (+174%), from €17,991 to €49,234
- Profit (loss) carried forward -€11,989
down €11,989 (-94.8%), from €12,648 to €659
- Trade debts +€3,018
up €3,018 (+76.5%), from €3,945 to €6,963
- Tax, wage and social debts +€1,812
up €1,812 (+14.3%), from €12,649 to €14,461
of which Taxes: +€4,312
- Gross operating margin +€22,254
up €22,254 (+98.5%), from €22,588 to €44,842
- Depreciation +€1,530
up €1,530 (+84.9%), from €1,802 to €3,332
- Taxes +€572
up €572 (+9.5%), from €6,000 to €6,572
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 | €49,734 | €73,816 | +€24,082 | +48.4% |
| Fixed assets | 21/28 | €3,155 | €8,370 | +€5,214 | +165% |
| Tangible fixed assets | 22/27 | €3,155 | €8,370 | +€5,214 | +165% |
| Furniture and vehicles | 24 | €3,155 | €8,370 | +€5,214 | +165% |
| Current assets | 29/58 | €46,578 | €65,446 | +€18,868 | +40.5% |
| Amounts receivable within one year | 40/41 | €22,590 | €11,016 | -€11,574 | -51.2% |
| Trade receivables | 40 | €22,551 | €11,016 | -€11,535 | -51.1% |
| Other amounts receivable | 41 | €40 | - | -€40 | |
| Cash at bank and in hand | 54/58 | €22,610 | €52,878 | +€30,267 | +134% |
| Deferred charges and accrued income | 490/1 | €1,378 | €1,553 | +€175 | +12.7% |
| Total equity and liabilities | 10/49 | €49,734 | €73,816 | +€24,082 | +48.4% |
| Equity | 10/15 | €15,148 | €3,159 | -€11,989 | -79.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,648 | €659 | -€11,989 | -94.8% |
| Amounts payable | 17/49 | €34,586 | €70,657 | +€36,072 | +104% |
| Amounts payable within one year | 42/48 | €34,586 | €70,657 | +€36,072 | +104% |
| Trade debts | 44 | €3,945 | €6,963 | +€3,018 | +76.5% |
| Suppliers | 440/4 | €3,945 | €6,963 | +€3,018 | +76.5% |
| Taxes, remuneration and social security | 45 | €12,649 | €14,461 | +€1,812 | +14.3% |
| Taxes | 450/3 | €10,149 | €14,461 | +€4,312 | +42.5% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €17,991 | €49,234 | +€31,242 | +174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,802 | €3,332 | +€1,530 | +84.9% |
| Other operating charges | 640/8 | €1,893 | €1,610 | -€283 | -14.9% |
| Gross operating margin | 9900 | €22,588 | €44,842 | +€22,254 | +98.5% |
| Operating profit (loss) | 9901 | €18,892 | €39,899 | +€21,007 | +111% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €454 | €317 | -€137 | -30.2% |
| Recurring financial charges | 65 | €454 | €317 | -€137 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €18,438 | €39,582 | +€21,144 | +115% |
| Income taxes | 67/77 | €6,000 | €6,572 | +€572 | +9.5% |
| Profit (loss) for the period | 9904 | €12,438 | €33,011 | +€20,573 | +165% |
| Profit (loss) for the period to be appropriated | 9905 | €12,438 | €33,011 | +€20,573 | +165% |
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 17 October 2026 via checked.be.