LM MOTORS: what changed
LM MOTORS
Largest movements
- Receivables within one year +€158,029
up €158,029 (+95.8%), from €165,025 to €323,053
of which Trade receivables: +€180,348
- Stocks and contracts -€132,706
down €132,706 (-19.6%), from €675,681 to €542,975
- Cash -€108,948
down €108,948 (-26.7%), from €407,486 to €298,538
mainly Receivables within one year (-€158,029) and Debts after one year (-€92,000)
- Tangible fixed assets +€32,735
up €32,735 (+160%), from €20,472 to €53,207
of which Leasing and similar rights: +€23,526
- Reserves +€154,000
up €154,000 (+26.6%), from €578,000 to €732,000
- Debts after one year -€92,000
down €92,000 (-30.7%), from €300,000 to €208,000
- Trade debts -€70,222
down €70,222 (-44.1%), from €159,155 to €88,933
- Accrued charges and deferred income -€24,888
down €24,888 (-58.1%), from €42,870 to €17,982
- Tax, wage and social debts -€17,118
down €17,118 (-22.4%), from €76,301 to €59,183
- Gross operating margin -€72,885
down €72,885 (-22.6%), from €322,670 to €249,785
- Taxes -€39,957
down €39,957 (-44.1%), from €90,607 to €50,650
- Depreciation +€5,833
up €5,833 (+66.4%), from €8,785 to €14,619
- Financial charges -€4,990
down €4,990 (-19.0%), from €26,239 to €21,249
- Financial income -€3,390
down €3,390 (-96.0%), from €3,532 to €142
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,268,663 | €1,217,773 | -€50,890 | -4.0% |
| Fixed assets | 21/28 | €20,472 | €53,207 | +€32,735 | +160% |
| Tangible fixed assets | 22/27 | €20,472 | €53,207 | +€32,735 | +160% |
| Plant, machinery and equipment | 23 | €991 | €334 | -€657 | -66.3% |
| Furniture and vehicles | 24 | €2,549 | €4,579 | +€2,030 | +79.6% |
| Leasing and similar rights | 25 | - | €23,526 | +€23,526 | |
| Other tangible fixed assets | 26 | €16,932 | €24,769 | +€7,836 | +46.3% |
| Current assets | 29/58 | €1,248,191 | €1,164,566 | -€83,625 | -6.7% |
| Stocks and contracts in progress | 3 | €675,681 | €542,975 | -€132,706 | -19.6% |
| Stocks | 30/36 | €675,681 | €542,975 | -€132,706 | -19.6% |
| Amounts receivable within one year | 40/41 | €165,025 | €323,053 | +€158,029 | +95.8% |
| Trade receivables | 40 | €118,626 | €298,974 | +€180,348 | +152% |
| Other amounts receivable | 41 | €46,399 | €24,079 | -€22,320 | -48.1% |
| Cash at bank and in hand | 54/58 | €407,486 | €298,538 | -€108,948 | -26.7% |
| Total equity and liabilities | 10/49 | €1,268,663 | €1,217,773 | -€50,890 | -4.0% |
| Equity | 10/15 | €580,915 | €734,644 | +€153,729 | +26.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €578,000 | €732,000 | +€154,000 | +26.6% |
| Distributable reserves | 133 | €578,000 | €732,000 | +€154,000 | +26.6% |
| Profit (loss) carried forward | 14 | €915 | €644 | -€271 | -29.6% |
| Amounts payable | 17/49 | €687,748 | €483,129 | -€204,619 | -29.8% |
| Amounts payable after more than one year | 17 | €300,000 | €208,000 | -€92,000 | -30.7% |
| Financial debts | 170/4 | €300,000 | €208,000 | -€92,000 | -30.7% |
| Amounts payable within one year | 42/48 | €344,878 | €257,147 | -€87,732 | -25.4% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €159,155 | €88,933 | -€70,222 | -44.1% |
| Suppliers | 440/4 | €159,155 | €88,933 | -€70,222 | -44.1% |
| Taxes, remuneration and social security | 45 | €76,301 | €59,183 | -€17,118 | -22.4% |
| Taxes | 450/3 | €76,301 | €59,183 | -€17,118 | -22.4% |
| Other amounts payable | 47/48 | €9,423 | €9,031 | -€392 | -4.2% |
| Accrued charges and deferred income | 492/3 | €42,870 | €17,982 | -€24,888 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,785 | €14,619 | +€5,833 | +66.4% |
| Other operating charges | 640/8 | €11,382 | €9,680 | -€1,702 | -15.0% |
| Gross operating margin | 9900 | €322,670 | €249,785 | -€72,885 | -22.6% |
| Operating profit (loss) | 9901 | €302,503 | €225,487 | -€77,016 | -25.5% |
| Financial income | 75/76B | €3,532 | €142 | -€3,390 | -96.0% |
| Recurring financial income | 75 | €3,532 | €142 | -€3,390 | -96.0% |
| Financial charges | 65/66B | €26,239 | €21,249 | -€4,990 | -19.0% |
| Recurring financial charges | 65 | €26,239 | €21,249 | -€4,990 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €279,795 | €204,379 | -€75,416 | -27.0% |
| Income taxes | 67/77 | €90,607 | €50,650 | -€39,957 | -44.1% |
| Profit (loss) for the period | 9904 | €189,188 | €153,729 | -€35,459 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €189,188 | €153,729 | -€35,459 | -18.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.