LM POLAND: 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 POLAND
Largest movements
- Receivables within one year -€138,360
down €138,360 (-17.4%), from €795,946 to €657,587
of which Trade receivables: -€257,690
- Tangible fixed assets -€10,347
down €10,347 (-43.4%), from €23,858 to €13,511
- Reserves -€122,472
down €122,472 (-76.4%), from €160,216 to €37,743
- Profit (loss) carried forward -€24,100
new in 2024: -€24,100
- Tax, wage and social debts -€15,385
down €15,385 (-25.7%), from €59,968 to €44,583
- Gross operating margin -€310,791
down €310,791, from €171,781 to -€139,011
- Taxes -€41,364
down €41,364 (-97.3%), from €42,500 to €1,136
- Financial income +€6,571
up €6,571 (+248%), from €2,650 to €9,221
- Financial charges +€4,049
up €4,049 (+1,345%), from €301 to €4,350
- Depreciation +€3,322
up €3,322 (+47.3%), from €7,025 to €10,347
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 | €834,028 | €678,547 | -€155,481 | -18.6% |
| Fixed assets | 21/28 | €23,858 | €13,511 | -€10,347 | -43.4% |
| Tangible fixed assets | 22/27 | €23,858 | €13,511 | -€10,347 | -43.4% |
| Furniture and vehicles | 24 | €23,858 | €13,511 | -€10,347 | -43.4% |
| Current assets | 29/58 | €810,170 | €665,037 | -€145,134 | -17.9% |
| Amounts receivable within one year | 40/41 | €795,946 | €657,587 | -€138,360 | -17.4% |
| Trade receivables | 40 | €696,644 | €438,954 | -€257,690 | -37.0% |
| Other amounts receivable | 41 | €99,303 | €218,633 | +€119,330 | +120% |
| Cash at bank and in hand | 54/58 | €14,224 | €7,450 | -€6,774 | -47.6% |
| Total equity and liabilities | 10/49 | €834,028 | €678,547 | -€155,481 | -18.6% |
| Equity | 10/15 | €168,216 | €21,644 | -€146,572 | -87.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €160,216 | €37,743 | -€122,472 | -76.4% |
| Distributable reserves | 133 | €160,216 | €37,743 | -€122,472 | -76.4% |
| Profit (loss) carried forward | 14 | - | -€24,100 | -€24,100 | |
| Amounts payable | 17/49 | €665,812 | €656,904 | -€8,909 | -1.3% |
| Amounts payable within one year | 42/48 | €665,812 | €656,904 | -€8,909 | -1.3% |
| Trade debts | 44 | €605,845 | €612,321 | +€6,476 | +1.1% |
| Suppliers | 440/4 | €605,845 | €612,321 | +€6,476 | +1.1% |
| Taxes, remuneration and social security | 45 | €59,968 | €44,583 | -€15,385 | -25.7% |
| Taxes | 450/3 | €59,968 | €44,583 | -€15,385 | -25.7% |
| Remuneration, social security and pensions | 62 | - | €310 | +€310 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,025 | €10,347 | +€3,322 | +47.3% |
| Other operating charges | 640/8 | €2,133 | €639 | -€1,493 | -70.0% |
| Gross operating margin | 9900 | €171,781 | -€139,011 | -€310,791 | |
| Operating profit (loss) | 9901 | €162,624 | -€150,307 | -€312,930 | |
| Financial income | 75/76B | €2,650 | €9,221 | +€6,571 | +248% |
| Recurring financial income | 75 | €2,650 | €9,221 | +€6,571 | +248% |
| Financial charges | 65/66B | €301 | €4,350 | +€4,049 | +1,345% |
| Recurring financial charges | 65 | €301 | €4,350 | +€4,049 | +1,345% |
| Profit (loss) for the period before taxes | 9903 | €164,972 | -€145,436 | -€310,408 | |
| Income taxes | 67/77 | €42,500 | €1,136 | -€41,364 | -97.3% |
| Profit (loss) for the period | 9904 | €122,472 | -€146,572 | -€269,044 | |
| Profit (loss) for the period to be appropriated | 9905 | €122,472 | -€146,572 | -€269,044 |
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 20 October 2026 via checked.be.