LM YELLOW: 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 YELLOW
Largest movements
- Receivables within one year -€21,797
down €21,797 (-42.0%), from €51,950 to €30,153
of which Trade receivables: -€20,600
- Tangible fixed assets -€2,227
down €2,227 (-10.3%), from €21,540 to €19,313
of which Other tangible fixed assets: -€2,506
- Cash +€2,192
up €2,192 (+8.5%), from €25,646 to €27,838
mainly Net result for the year (+€35,976) and Other debts (+€32,000)
- Reserves -€44,024
down €44,024 (-90.8%), from €48,477 to €4,452
- Other debts +€32,000
up €32,000 (+91.4%), from €35,000 to €67,000
- Tax, wage and social debts -€9,035
down €9,035 (-77.3%), from €11,693 to €2,658
- Gross operating margin -€7,582
down €7,582 (-12.3%), from €61,398 to €53,816
- Taxes -€1,600
down €1,600 (-13.3%), from €12,000 to €10,400
- Financial charges +€1,232
up €1,232 (+166%), from €744 to €1,976
- Other operating charges -€1,154
down €1,154 (-54.3%), from €2,125 to €971
- Depreciation +€659
up €659 (+16.7%), from €3,946 to €4,605
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 | €105,131 | €83,648 | -€21,483 | -20.4% |
| Fixed assets | 21/28 | €21,540 | €19,313 | -€2,227 | -10.3% |
| Tangible fixed assets | 22/27 | €21,540 | €19,313 | -€2,227 | -10.3% |
| Plant, machinery and equipment | 23 | €2,538 | €1,548 | -€989 | -39.0% |
| Furniture and vehicles | 24 | €1,575 | €2,843 | +€1,268 | +80.5% |
| Other tangible fixed assets | 26 | €17,428 | €14,922 | -€2,506 | -14.4% |
| Current assets | 29/58 | €83,591 | €64,335 | -€19,256 | -23.0% |
| Amounts receivable within one year | 40/41 | €51,950 | €30,153 | -€21,797 | -42.0% |
| Trade receivables | 40 | €47,314 | €26,714 | -€20,600 | -43.5% |
| Other amounts receivable | 41 | €4,636 | €3,439 | -€1,197 | -25.8% |
| Cash at bank and in hand | 54/58 | €25,646 | €27,838 | +€2,192 | +8.5% |
| Deferred charges and accrued income | 490/1 | €5,995 | €6,344 | +€349 | +5.8% |
| Total equity and liabilities | 10/49 | €105,131 | €83,648 | -€21,483 | -20.4% |
| Equity | 10/15 | €53,477 | €9,452 | -€44,024 | -82.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,477 | €4,452 | -€44,024 | -90.8% |
| Distributable reserves | 133 | €48,477 | €4,452 | -€44,024 | -90.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €51,654 | €74,196 | +€22,541 | +43.6% |
| Amounts payable within one year | 42/48 | €51,654 | €74,196 | +€22,541 | +43.6% |
| Financial debts | 43 | - | €410 | +€410 | |
| Credit institutions | 430/8 | - | €410 | +€410 | |
| Trade debts | 44 | €4,961 | €4,128 | -€833 | -16.8% |
| Suppliers | 440/4 | €4,961 | €4,128 | -€833 | -16.8% |
| Taxes, remuneration and social security | 45 | €11,693 | €2,658 | -€9,035 | -77.3% |
| Taxes | 450/3 | €11,693 | €2,658 | -€9,035 | -77.3% |
| Other amounts payable | 47/48 | €35,000 | €67,000 | +€32,000 | +91.4% |
| Non-recurring operating income | 76A | - | €9,619 | +€9,619 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,946 | €4,605 | +€659 | +16.7% |
| Other operating charges | 640/8 | €2,125 | €971 | -€1,154 | -54.3% |
| Gross operating margin | 9900 | €61,398 | €53,816 | -€7,582 | -12.3% |
| Operating profit (loss) | 9901 | €55,326 | €48,239 | -€7,087 | -12.8% |
| Financial income | 75/76B | - | €112 | +€112 | |
| Recurring financial income | 75 | - | €112 | +€112 | |
| Financial charges | 65/66B | €744 | €1,976 | +€1,232 | +166% |
| Recurring financial charges | 65 | €744 | €1,976 | +€1,232 | +166% |
| Profit (loss) for the period before taxes | 9903 | €54,582 | €46,376 | -€8,207 | -15.0% |
| Income taxes | 67/77 | €12,000 | €10,400 | -€1,600 | -13.3% |
| Profit (loss) for the period | 9904 | €42,582 | €35,976 | -€6,607 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,582 | €35,976 | -€6,607 | -15.5% |
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 20 October 2026 via checked.be.