LM today: 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 today
Largest movements
- Cash -€2,498
down €2,498 (-38.4%), from €6,511 to €4,013
mainly Tax, wage and social debts (-€1,260) and Receivables within one year (-€950)
- Receivables within one year +€950
up €950 (+7.4%), from €12,806 to €13,756
of which Trade receivables: +€950
- Tangible fixed assets -€206
down €206 (-34.1%), from €605 to €399
- Tax, wage and social debts -€1,260
down €1,260 (-54.0%), from €2,335 to €1,075
- Other debts -€840
down €840 (-1.3%), from €66,471 to €65,630
- Gross operating margin +€8,588
up €8,588, from -€6,420 to €2,167
- Financial charges -€1,490
down €1,490 (-95.4%), from €1,562 to €72
- Other operating charges +€1,276
up €1,276 (+252%), from €505 to €1,781
- Depreciation +€192
up €192 (+1,360%), from €14 to €206
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 | €20,045 | €18,167 | -€1,878 | -9.4% |
| Fixed assets | 21/28 | €605 | €399 | -€206 | -34.1% |
| Tangible fixed assets | 22/27 | €605 | €399 | -€206 | -34.1% |
| Furniture and vehicles | 24 | €605 | €399 | -€206 | -34.1% |
| Current assets | 29/58 | €19,440 | €17,769 | -€1,671 | -8.6% |
| Amounts receivable within one year | 40/41 | €12,806 | €13,756 | +€950 | +7.4% |
| Trade receivables | 40 | €12,806 | €13,756 | +€950 | +7.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,511 | €4,013 | -€2,498 | -38.4% |
| Deferred charges and accrued income | 490/1 | €123 | €0 | -€123 | -100% |
| Total equity and liabilities | 10/49 | €20,045 | €18,167 | -€1,878 | -9.4% |
| Equity | 10/15 | -€49,601 | -€49,493 | +€108 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,201 | -€68,093 | +€108 | +0.2% |
| Amounts payable | 17/49 | €69,646 | €67,660 | -€1,986 | -2.9% |
| Amounts payable within one year | 42/48 | €69,646 | €67,660 | -€1,986 | -2.9% |
| Trade debts | 44 | €839 | €954 | +€115 | +13.7% |
| Suppliers | 440/4 | €839 | €954 | +€115 | +13.7% |
| Taxes, remuneration and social security | 45 | €2,335 | €1,075 | -€1,260 | -54.0% |
| Taxes | 450/3 | €2,335 | €1,075 | -€1,260 | -54.0% |
| Other amounts payable | 47/48 | €66,471 | €65,630 | -€840 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14 | €206 | +€192 | +1,360% |
| Other operating charges | 640/8 | €505 | €1,781 | +€1,276 | +252% |
| Gross operating margin | 9900 | -€6,420 | €2,167 | +€8,588 | |
| Operating profit (loss) | 9901 | -€6,940 | €180 | +€7,120 | |
| Financial charges | 65/66B | €1,562 | €72 | -€1,490 | -95.4% |
| Recurring financial charges | 65 | €1,562 | €72 | -€1,490 | -95.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,502 | €108 | +€8,610 | |
| Profit (loss) for the period | 9904 | -€8,502 | €108 | +€8,610 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,502 | €108 | +€8,610 |
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 31 October 2026 via checked.be.