LM Imaging: 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 Imaging
Largest movements
- Cash +€186,577
up €186,577 (+165.6%), from €112,665 to €299,242
mainly Net result for the year (+€192,602) and Deferred charges and accrued income (+€8,860)
- Receivables within one year +€10,214
up €10,214 (+1021384.0%), from €1 to €10,215
- Deferred charges and accrued income -€8,860
down €8,860 (-11.4%), from €77,560 to €68,700
- Tangible fixed assets -€5,324
down €5,324 (-27.0%), from €19,695 to €14,371
- Profit (loss) carried forward +€192,602
up €192,602 (+122.7%), from €156,929 to €349,531
- Tax, wage and social debts -€7,092
down €7,092 (-14.3%), from €49,554 to €42,462
- Gross operating margin +€63,181
up €63,181 (+32.2%), from €196,156 to €259,337
- Taxes +€15,728
up €15,728 (+35.8%), from €43,974 to €59,702
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.
Cash bridge derived
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 | €209,921 | €392,529 | +€182,607 | +87.0% |
| Fixed assets | 21/28 | €19,695 | €14,371 | -€5,324 | -27.0% |
| Tangible fixed assets | 22/27 | €19,695 | €14,371 | -€5,324 | -27.0% |
| Furniture and vehicles | 24 | €19,695 | €14,371 | -€5,324 | -27.0% |
| Current assets | 29/58 | €190,226 | €378,157 | +€187,931 | +98.8% |
| Amounts receivable within one year | 40/41 | €1 | €10,215 | +€10,214 | +1021384.0% |
| Other amounts receivable | 41 | €1 | €10,215 | +€10,214 | +1021384.0% |
| Cash at bank and in hand | 54/58 | €112,665 | €299,242 | +€186,577 | +165.6% |
| Deferred charges and accrued income | 490/1 | €77,560 | €68,700 | -€8,860 | -11.4% |
| Total equity and liabilities | 10/49 | €209,921 | €392,529 | +€182,607 | +87.0% |
| Equity | 10/15 | €156,930 | €349,532 | +€192,602 | +122.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,929 | €349,531 | +€192,602 | +122.7% |
| Amounts payable | 17/49 | €52,991 | €42,997 | -€9,994 | -18.9% |
| Amounts payable within one year | 42/48 | €52,991 | €42,997 | -€9,994 | -18.9% |
| Trade debts | 44 | €1,447 | €535 | -€912 | -63.0% |
| Suppliers | 440/4 | €1,447 | €535 | -€912 | -63.0% |
| Taxes, remuneration and social security | 45 | €49,554 | €42,462 | -€7,092 | -14.3% |
| Taxes | 450/3 | €49,554 | €42,462 | -€7,092 | -14.3% |
| Other amounts payable | 47/48 | €1,990 | - | -€1,990 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,305 | €6,832 | +€527 | +8.4% |
| Other operating charges | 640/8 | €151 | €157 | +€5 | +3.5% |
| Gross operating margin | 9900 | €196,156 | €259,337 | +€63,181 | +32.2% |
| Operating profit (loss) | 9901 | €189,700 | €252,348 | +€62,648 | +33.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €77 | €45 | -€32 | -41.8% |
| Recurring financial charges | 65 | €77 | €45 | -€32 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €189,624 | €252,303 | +€62,679 | +33.1% |
| Income taxes | 67/77 | €43,974 | €59,702 | +€15,728 | +35.8% |
| Profit (loss) for the period | 9904 | €145,650 | €192,602 | +€46,951 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €145,650 | €192,602 | +€46,951 | +32.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.