LMB Buysse: what changed
LMB Buysse
Largest movements
- Cash +€133,505
up €133,505 (+332%), from €40,201 to €173,706
mainly Other debts (+€255,711) and Net result for the year (+€168,805)
- Tangible fixed assets -€60,362
down €60,362 (-8.6%), from €703,529 to €643,167
of which Leasing and similar rights: -€115,684
- Receivables within one year -€25,705
down €25,705 (-4.3%), from €594,172 to €568,467
of which Trade receivables: -€25,705
- Other debts +€255,711
up €255,711 (+3,899%), from €6,558 to €262,269
- Profit (loss) carried forward -€136,065
down €136,065 (-20.6%), from €660,333 to €524,267
- Current portion of long-term debt -€85,551
down €85,551 (-46.2%), from €185,238 to €99,687
- Trade debts +€79,609
up €79,609 (+31.5%), from €252,484 to €332,093
- Debts after one year -€59,554
down €59,554 (-12.0%), from €494,983 to €435,429
- Gross operating margin -€85,787
down €85,787 (-15.1%), from €569,582 to €483,795
- Staff costs -€55,739
down €55,739 (-27.6%), from €202,191 to €146,452
- Depreciation +€10,954
up €10,954 (+11.5%), from €95,407 to €106,361
- Taxes -€7,913
down €7,913 (-16.5%), from €47,934 to €40,022
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,640,703 | €1,690,667 | +€49,964 | +3.0% |
| Fixed assets | 21/28 | €703,529 | €643,167 | -€60,362 | -8.6% |
| Tangible fixed assets | 22/27 | €703,529 | €643,167 | -€60,362 | -8.6% |
| Land and buildings | 22 | - | €84,677 | +€84,677 | |
| Plant, machinery and equipment | 23 | €32,556 | €24,434 | -€8,122 | -24.9% |
| Furniture and vehicles | 24 | €157,846 | €140,451 | -€17,396 | -11.0% |
| Leasing and similar rights | 25 | €399,930 | €284,246 | -€115,684 | -28.9% |
| Other tangible fixed assets | 26 | €113,197 | €109,360 | -€3,838 | -3.4% |
| Current assets | 29/58 | €937,174 | €1,047,501 | +€110,326 | +11.8% |
| Stocks and contracts in progress | 3 | €293,743 | €294,958 | +€1,215 | +0.4% |
| Stocks | 30/36 | €293,743 | €294,958 | +€1,215 | +0.4% |
| Amounts receivable within one year | 40/41 | €594,172 | €568,467 | -€25,705 | -4.3% |
| Trade receivables | 40 | €588,692 | €562,987 | -€25,705 | -4.4% |
| Other amounts receivable | 41 | €5,480 | €5,480 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,201 | €173,706 | +€133,505 | +332% |
| Deferred charges and accrued income | 490/1 | €9,059 | €10,370 | +€1,311 | +14.5% |
| Total equity and liabilities | 10/49 | €1,640,703 | €1,690,667 | +€49,964 | +3.0% |
| Equity | 10/15 | €680,793 | €544,727 | -€136,065 | -20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €660,333 | €524,267 | -€136,065 | -20.6% |
| Amounts payable | 17/49 | €959,911 | €1,145,940 | +€186,029 | +19.4% |
| Amounts payable after more than one year | 17 | €494,983 | €435,429 | -€59,554 | -12.0% |
| Financial debts | 170/4 | €494,983 | €435,429 | -€59,554 | -12.0% |
| Amounts payable within one year | 42/48 | €464,927 | €710,511 | +€245,583 | +52.8% |
| Current portion of amounts payable after more than one year | 42 | €185,238 | €99,687 | -€85,551 | -46.2% |
| Trade debts | 44 | €252,484 | €332,093 | +€79,609 | +31.5% |
| Suppliers | 440/4 | €252,484 | €332,093 | +€79,609 | +31.5% |
| Taxes, remuneration and social security | 45 | €20,647 | €16,462 | -€4,185 | -20.3% |
| Taxes | 450/3 | €20,647 | €4,228 | -€16,418 | -79.5% |
| Remuneration and social security | 454/9 | - | €12,234 | +€12,234 | |
| Other amounts payable | 47/48 | €6,558 | €262,269 | +€255,711 | +3,899% |
| Non-recurring operating income | 76A | €51,586 | - | -€51,586 | |
| Remuneration, social security and pensions | 62 | €202,191 | €146,452 | -€55,739 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,407 | €106,361 | +€10,954 | +11.5% |
| Other operating charges | 640/8 | €4,764 | €8,754 | +€3,990 | +83.7% |
| Gross operating margin | 9900 | €569,582 | €483,795 | -€85,787 | -15.1% |
| Operating profit (loss) | 9901 | €267,220 | €222,227 | -€44,992 | -16.8% |
| Financial income | 75/76B | €13,965 | €16,428 | +€2,463 | +17.6% |
| Recurring financial income | 75 | €13,965 | €16,428 | +€2,463 | +17.6% |
| Financial charges | 65/66B | €27,096 | €29,829 | +€2,733 | +10.1% |
| Recurring financial charges | 65 | €27,096 | €29,829 | +€2,733 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €254,089 | €208,826 | -€45,263 | -17.8% |
| Income taxes | 67/77 | €47,934 | €40,022 | -€7,913 | -16.5% |
| Profit (loss) for the period | 9904 | €206,155 | €168,805 | -€37,350 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €206,155 | €168,805 | -€37,350 | -18.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.