LM-Tech: 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-Tech
Largest movements
- Cash +€34,832
up €34,832 (+47.7%), from €73,037 to €107,869
mainly Net result for the year (+€64,568) and Depreciation (+€9,818)
- Receivables within one year +€24,993
up €24,993 (+111%), from €22,546 to €47,539
of which Other amounts receivable: +€16,702
- Tangible fixed assets -€2,691
down €2,691 (-11.2%), from €24,120 to €21,428
of which Furniture and vehicles: -€5,586
- Reserves +€64,568
up €64,568 (+69.0%), from €93,525 to €158,093
- Trade debts -€5,198
down €5,198 (-71.1%), from €7,315 to €2,116
- Tax, wage and social debts -€2,276
down €2,276 (-16.1%), from €14,129 to €11,853
of which Remuneration and social security: -€2,721
- Depreciation +€1,508
up €1,508 (+18.1%), from €8,310 to €9,818
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.
Derived cash bridge
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 | €119,969 | €177,063 | +€57,094 | +47.6% |
| Fixed assets | 21/28 | €24,120 | €21,428 | -€2,691 | -11.2% |
| Tangible fixed assets | 22/27 | €24,120 | €21,428 | -€2,691 | -11.2% |
| Plant, machinery and equipment | 23 | €2,487 | €5,381 | +€2,894 | +116% |
| Furniture and vehicles | 24 | €21,633 | €16,047 | -€5,586 | -25.8% |
| Current assets | 29/58 | €95,849 | €155,634 | +€59,785 | +62.4% |
| Amounts receivable within one year | 40/41 | €22,546 | €47,539 | +€24,993 | +111% |
| Trade receivables | 40 | €18,810 | €27,101 | +€8,291 | +44.1% |
| Other amounts receivable | 41 | €3,735 | €20,438 | +€16,702 | +447% |
| Cash at bank and in hand | 54/58 | €73,037 | €107,869 | +€34,832 | +47.7% |
| Deferred charges and accrued income | 490/1 | €266 | €226 | -€40 | -15.1% |
| Total equity and liabilities | 10/49 | €119,969 | €177,063 | +€57,094 | +47.6% |
| Equity | 10/15 | €98,525 | €163,093 | +€64,568 | +65.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €93,525 | €158,093 | +€64,568 | +69.0% |
| Distributable reserves | 133 | €93,525 | €158,093 | +€64,568 | +69.0% |
| Amounts payable | 17/49 | €21,443 | €13,969 | -€7,474 | -34.9% |
| Amounts payable within one year | 42/48 | €21,443 | €13,969 | -€7,474 | -34.9% |
| Trade debts | 44 | €7,315 | €2,116 | -€5,198 | -71.1% |
| Suppliers | 440/4 | €7,315 | €2,116 | -€5,198 | -71.1% |
| Taxes, remuneration and social security | 45 | €14,129 | €11,853 | -€2,276 | -16.1% |
| Taxes | 450/3 | €11,408 | €11,853 | +€445 | +3.9% |
| Remuneration and social security | 454/9 | €2,721 | - | -€2,721 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,310 | €9,818 | +€1,508 | +18.1% |
| Other operating charges | 640/8 | €356 | €276 | -€81 | -22.6% |
| Gross operating margin | 9900 | €91,624 | €91,723 | +€99 | +0.1% |
| Operating profit (loss) | 9901 | €82,958 | €81,629 | -€1,328 | -1.6% |
| Financial income | 75/76B | €220 | €499 | +€279 | +127% |
| Recurring financial income | 75 | €220 | €499 | +€279 | +127% |
| Financial charges | 65/66B | €142 | €60 | -€82 | -57.7% |
| Recurring financial charges | 65 | €142 | €60 | -€82 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €83,035 | €82,068 | -€967 | -1.2% |
| Income taxes | 67/77 | €17,578 | €17,500 | -€77 | -0.4% |
| Profit (loss) for the period | 9904 | €65,457 | €64,568 | -€889 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,457 | €64,568 | -€889 | -1.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.