LMB Holding: 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.
LMB Holding
Largest movements
- Financial fixed assets +€190,000
up €190,000 (+93.6%), from €203,000 to €393,000
- Tangible fixed assets -€11,398
down €11,398 (-60.0%), from €19,009 to €7,611
- Cash +€7,969
up €7,969 (+153%), from €5,213 to €13,182
mainly Debts after one year (+€94,307) and Net result for the year (+€77,258)
- Debts after one year +€94,307
up €94,307 (+1,574%), from €5,993 to €100,300
- Profit (loss) carried forward +€77,258
up €77,258 (+41.6%), from €185,521 to €262,779
- Current portion of long-term debt +€11,163
up €11,163 (+69.6%), from €16,043 to €27,207
- Financial income +€59,869
new in 2026: €59,869
- Gross operating margin -€19,723
down €19,723 (-30.6%), from €64,544 to €44,821
- Taxes -€5,345
down €5,345 (-36.9%), from €14,468 to €9,123
- Financial charges +€1,999
up €1,999 (+68.9%), from €2,900 to €4,899
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,178 | €419,386 | +€189,209 | +82.2% |
| Fixed assets | 21/28 | €222,009 | €400,611 | +€178,602 | +80.4% |
| Tangible fixed assets | 22/27 | €19,009 | €7,611 | -€11,398 | -60.0% |
| Leasing and similar rights | 25 | €19,009 | €7,611 | -€11,398 | -60.0% |
| Financial fixed assets | 28 | €203,000 | €393,000 | +€190,000 | +93.6% |
| Current assets | 29/58 | €8,168 | €18,775 | +€10,606 | +130% |
| Amounts receivable within one year | 40/41 | €445 | €2,941 | +€2,496 | +561% |
| Trade receivables | 40 | €445 | - | -€445 | |
| Other amounts receivable | 41 | - | €2,941 | +€2,941 | |
| Cash at bank and in hand | 54/58 | €5,213 | €13,182 | +€7,969 | +153% |
| Deferred charges and accrued income | 490/1 | €2,511 | €2,652 | +€141 | +5.6% |
| Total equity and liabilities | 10/49 | €230,178 | €419,386 | +€189,209 | +82.2% |
| Equity | 10/15 | €186,521 | €263,779 | +€77,258 | +41.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,521 | €262,779 | +€77,258 | +41.6% |
| Amounts payable | 17/49 | €43,656 | €155,607 | +€111,951 | +256% |
| Amounts payable after more than one year | 17 | €5,993 | €100,300 | +€94,307 | +1,574% |
| Financial debts | 170/4 | €5,993 | €100,300 | +€94,307 | +1,574% |
| Amounts payable within one year | 42/48 | €36,112 | €49,647 | +€13,535 | +37.5% |
| Current portion of amounts payable after more than one year | 42 | €16,043 | €27,207 | +€11,163 | +69.6% |
| Trade debts | 44 | €114 | €91 | -€23 | -20.3% |
| Suppliers | 440/4 | €114 | €91 | -€23 | -20.3% |
| Taxes, remuneration and social security | 45 | €2,754 | €2,548 | -€206 | -7.5% |
| Taxes | 450/3 | €2,754 | €2,548 | -€206 | -7.5% |
| Other amounts payable | 47/48 | €17,201 | €19,801 | +€2,600 | +15.1% |
| Accrued charges and deferred income | 492/3 | €1,551 | €5,660 | +€4,109 | +265% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,398 | €11,398 | = | 0.0% |
| Other operating charges | 640/8 | €1,771 | €2,012 | +€241 | +13.6% |
| Gross operating margin | 9900 | €64,544 | €44,821 | -€19,723 | -30.6% |
| Operating profit (loss) | 9901 | €51,375 | €31,411 | -€19,964 | -38.9% |
| Financial income | 75/76B | - | €59,869 | +€59,869 | |
| Recurring financial income | 75 | - | €59,869 | +€59,869 | |
| Financial charges | 65/66B | €2,900 | €4,899 | +€1,999 | +68.9% |
| Recurring financial charges | 65 | €2,900 | €4,899 | +€1,999 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | €48,475 | €86,381 | +€37,906 | +78.2% |
| Income taxes | 67/77 | €14,468 | €9,123 | -€5,345 | -36.9% |
| Profit (loss) for the period | 9904 | €34,007 | €77,258 | +€43,251 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €34,007 | €77,258 | +€43,251 | +127% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.