LM & MANAGEMENT: 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 & MANAGEMENT
Largest movements
- Receivables within one year +€22,650
up €22,650 (+118%), from €19,273 to €41,923
of which Trade receivables: +€13,730
- Profit (loss) carried forward +€15,108
up €15,108 (+278%), from €5,441 to €20,549
- Tax, wage and social debts +€9,604
up €9,604 (+174%), from €5,535 to €15,139
- Trade debts -€1,472
down €1,472 (-50.5%), from €2,916 to €1,444
- Gross operating margin +€10,996
up €10,996 (+148%), from €7,441 to €18,437
- Taxes +€2,663
up €2,663 (+156%), from €1,711 to €4,374
- Financial income +€1,530
new in 2024: €1,530
- Financial charges +€286
up €286 (+144%), from €199 to €485
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,312 | €42,468 | +€23,156 | +120% |
| Current assets | 29/58 | €19,312 | €42,468 | +€23,156 | +120% |
| Amounts receivable within one year | 40/41 | €19,273 | €41,923 | +€22,650 | +118% |
| Trade receivables | 40 | €300 | €14,030 | +€13,730 | +4,577% |
| Other amounts receivable | 41 | €18,973 | €27,893 | +€8,920 | +47.0% |
| Cash at bank and in hand | 54/58 | €39 | €125 | +€86 | +221% |
| Deferred charges and accrued income | 490/1 | - | €420 | +€420 | |
| Total equity and liabilities | 10/49 | €19,312 | €42,468 | +€23,156 | +120% |
| Equity | 10/15 | €10,441 | €25,549 | +€15,108 | +145% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,441 | €20,549 | +€15,108 | +278% |
| Amounts payable | 17/49 | €8,871 | €16,919 | +€8,048 | +90.7% |
| Amounts payable within one year | 42/48 | €8,451 | €16,583 | +€8,132 | +96.2% |
| Trade debts | 44 | €2,916 | €1,444 | -€1,472 | -50.5% |
| Suppliers | 440/4 | €2,916 | €1,444 | -€1,472 | -50.5% |
| Taxes, remuneration and social security | 45 | €5,535 | €15,139 | +€9,604 | +174% |
| Taxes | 450/3 | €5,535 | €15,139 | +€9,604 | +174% |
| Accrued charges and deferred income | 492/3 | €420 | €336 | -€84 | -20.0% |
| Remuneration, social security and pensions | 62 | €90 | - | -€90 | |
| Gross operating margin | 9900 | €7,441 | €18,437 | +€10,996 | +148% |
| Operating profit (loss) | 9901 | €7,351 | €18,437 | +€11,086 | +151% |
| Financial income | 75/76B | - | €1,530 | +€1,530 | |
| Recurring financial income | 75 | - | €1,530 | +€1,530 | |
| Financial charges | 65/66B | €199 | €485 | +€286 | +144% |
| Recurring financial charges | 65 | €199 | €485 | +€286 | +144% |
| Profit (loss) for the period before taxes | 9903 | €7,152 | €19,482 | +€12,330 | +172% |
| Income taxes | 67/77 | €1,711 | €4,374 | +€2,663 | +156% |
| Profit (loss) for the period | 9904 | €5,441 | €15,108 | +€9,667 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €5,441 | €15,108 | +€9,667 | +178% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.