LM NEW CONCEPT: 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 NEW CONCEPT
Largest movements
- Receivables within one year +€52,708
up €52,708 (+28.1%), from €187,586 to €240,294
of which Other amounts receivable: +€56,693
- Tangible fixed assets -€7,069
down €7,069 (-48.8%), from €14,475 to €7,406
of which Furniture and vehicles: -€6,122
- Profit (loss) carried forward +€29,033
up €29,033 (+32.5%), from €89,251 to €118,284
- Tax, wage and social debts +€18,366
up €18,366 (+25.3%), from €72,568 to €90,934
of which Taxes: +€29,117
- Trade debts +€8,609
up €8,609 (+48.0%), from €17,924 to €26,533
- Debts after one year -€6,145
down €6,145 (-92.2%), from €6,663 to €518
- Purchases and services +€40,393
up €40,393 (+86.7%), from €46,604 to €86,997
- Staff costs -€19,604
down €19,604 (-34.6%), from €56,684 to €37,080
- Gross operating margin +€7,699
up €7,699 (+10.9%), from €70,505 to €78,204
- Taxes +€7,531
up €7,531 (+273%), from €2,763 to €10,293
- Financial income +€4,120
up €4,120 (+47.1%), from €8,739 to €12,860
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 | €202,802 | €250,829 | +€48,027 | +23.7% |
| Fixed assets | 21/28 | €14,517 | €9,248 | -€5,269 | -36.3% |
| Tangible fixed assets | 22/27 | €14,475 | €7,406 | -€7,069 | -48.8% |
| Plant, machinery and equipment | 23 | €509 | - | -€509 | |
| Furniture and vehicles | 24 | €12,652 | €6,530 | -€6,122 | -48.4% |
| Other tangible fixed assets | 26 | €1,314 | €876 | -€438 | -33.3% |
| Financial fixed assets | 28 | €42 | €1,842 | +€1,800 | +4,296% |
| Current assets | 29/58 | €188,285 | €241,580 | +€53,296 | +28.3% |
| Amounts receivable within one year | 40/41 | €187,586 | €240,294 | +€52,708 | +28.1% |
| Trade receivables | 40 | €4,061 | €77 | -€3,985 | -98.1% |
| Other amounts receivable | 41 | €183,525 | €240,217 | +€56,693 | +30.9% |
| Cash at bank and in hand | 54/58 | - | €256 | +€256 | |
| Deferred charges and accrued income | 490/1 | €699 | €1,031 | +€332 | +47.5% |
| Total equity and liabilities | 10/49 | €202,802 | €250,829 | +€48,027 | +23.7% |
| Equity | 10/15 | €97,666 | €126,699 | +€29,033 | +29.7% |
| Contributions | 10/11 | €6,555 | €6,555 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,251 | €118,284 | +€29,033 | +32.5% |
| Amounts payable | 17/49 | €105,137 | €124,130 | +€18,994 | +18.1% |
| Amounts payable after more than one year | 17 | €6,663 | €518 | -€6,145 | -92.2% |
| Financial debts | 170/4 | €6,663 | €518 | -€6,145 | -92.2% |
| Amounts payable within one year | 42/48 | €98,473 | €123,612 | +€25,139 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €6,013 | €6,145 | +€132 | +2.2% |
| Financial debts | 43 | €1,967 | - | -€1,967 | |
| Other loans | 439 | €1,967 | - | -€1,967 | |
| Trade debts | 44 | €17,924 | €26,533 | +€8,609 | +48.0% |
| Suppliers | 440/4 | €17,924 | €26,533 | +€8,609 | +48.0% |
| Taxes, remuneration and social security | 45 | €72,568 | €90,934 | +€18,366 | +25.3% |
| Taxes | 450/3 | €57,869 | €86,985 | +€29,117 | +50.3% |
| Remuneration and social security | 454/9 | €14,700 | €3,949 | -€10,751 | -73.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €46,604 | €86,997 | +€40,393 | +86.7% |
| Remuneration, social security and pensions | 62 | €56,684 | €37,080 | -€19,604 | -34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,642 | €7,069 | -€1,573 | -18.2% |
| Other operating charges | 640/8 | €4,945 | €2,788 | -€2,157 | -43.6% |
| Gross operating margin | 9900 | €70,505 | €78,204 | +€7,699 | +10.9% |
| Operating profit (loss) | 9901 | €234 | €31,267 | +€31,034 | +13,289% |
| Financial income | 75/76B | €8,739 | €12,860 | +€4,120 | +47.1% |
| Recurring financial income | 75 | €8,739 | €12,860 | +€4,120 | +47.1% |
| Financial charges | 65/66B | €1,470 | €4,800 | +€3,330 | +227% |
| Recurring financial charges | 65 | €1,470 | €4,800 | +€3,330 | +227% |
| Profit (loss) for the period before taxes | 9903 | €7,503 | €39,326 | +€31,824 | +424% |
| Income taxes | 67/77 | €2,763 | €10,293 | +€7,531 | +273% |
| Profit (loss) for the period | 9904 | €4,740 | €29,033 | +€24,293 | +513% |
| Profit (loss) for the period to be appropriated | 9905 | €4,740 | €29,033 | +€24,293 | +513% |
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 16 October 2026 via checked.be.