LMBM: what changed
Two fiscal 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.
LMBM
Largest movements
- Receivables within one year +€48,918
up €48,918 (+153.0%), from €31,973 to €80,891
of which Trade receivables: +€45,159
- Cash -€25,927
down €25,927 (-81.9%), from €31,660 to €5,733
mainly Receivables within one year (-€48,918) and Tax, wage and social debts (-€3,894)
- Trade debts +€18,214
up €18,214 (+108.6%), from €16,778 to €34,991
- Profit (loss) carried forward +€7,314
up €7,314 (+27.7%), from €26,372 to €33,686
- Tax, wage and social debts -€3,894
down €3,894 (-51.6%), from €7,552 to €3,658
of which Taxes: -€3,995
- Other debts +€2,012
up €2,012 (+11.6%), from €17,284 to €19,296
- Turnover +€128,351
up €128,351 (+23.3%), from €550,765 to €679,116
- Purchases and services +€124,336
up €124,336 (+24.3%), from €512,159 to €636,495
- Staff costs +€31,909
up €31,909 (+864.9%), from €3,689 to €35,598
- Gross operating margin +€10,415
up €10,415 (+27.0%), from €38,606 to €49,022
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.
Cash bridge derived
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 | €68,985 | €92,642 | +€23,657 | +34.3% |
| Fixed assets | 21/28 | €5,352 | €6,017 | +€665 | +12.4% |
| Tangible fixed assets | 22/27 | €5,352 | €6,017 | +€665 | +12.4% |
| Plant, machinery and equipment | 23 | €1,412 | €852 | -€560 | -39.6% |
| Furniture and vehicles | 24 | €3,940 | €5,165 | +€1,225 | +31.1% |
| Current assets | 29/58 | €63,633 | €86,625 | +€22,991 | +36.1% |
| Amounts receivable within one year | 40/41 | €31,973 | €80,891 | +€48,918 | +153.0% |
| Trade receivables | 40 | €28,014 | €73,173 | +€45,159 | +161.2% |
| Other amounts receivable | 41 | €3,959 | €7,719 | +€3,760 | +95.0% |
| Cash at bank and in hand | 54/58 | €31,660 | €5,733 | -€25,927 | -81.9% |
| Total equity and liabilities | 10/49 | €68,985 | €92,642 | +€23,657 | +34.3% |
| Equity | 10/15 | €27,372 | €34,686 | +€7,314 | +26.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,372 | €33,686 | +€7,314 | +27.7% |
| Amounts payable | 17/49 | €41,613 | €57,956 | +€16,342 | +39.3% |
| Amounts payable within one year | 42/48 | €41,613 | €57,956 | +€16,342 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | - | €11 | +€11 | |
| Trade debts | 44 | €16,778 | €34,991 | +€18,214 | +108.6% |
| Suppliers | 440/4 | €16,778 | €34,991 | +€18,214 | +108.6% |
| Taxes, remuneration and social security | 45 | €7,552 | €3,658 | -€3,894 | -51.6% |
| Taxes | 450/3 | €7,542 | €3,547 | -€3,995 | -53.0% |
| Remuneration and social security | 454/9 | €10 | €111 | +€101 | +997.5% |
| Other amounts payable | 47/48 | €17,284 | €19,296 | +€2,012 | +11.6% |
| Turnover | 70 | €550,765 | €679,116 | +€128,351 | +23.3% |
| Non-recurring operating income | 76A | - | €6,401 | +€6,401 | |
| Goods, raw materials, services and sundry goods | 60/61 | €512,159 | €636,495 | +€124,336 | +24.3% |
| Remuneration, social security and pensions | 62 | €3,689 | €35,598 | +€31,909 | +864.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €845 | €1,616 | +€771 | +91.3% |
| Other operating charges | 640/8 | €106 | €760 | +€654 | +615.3% |
| Gross operating margin | 9900 | €38,606 | €49,022 | +€10,415 | +27.0% |
| Operating profit (loss) | 9901 | €33,966 | €11,048 | -€22,918 | -67.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €53 | €187 | +€134 | +254.1% |
| Recurring financial charges | 65 | €53 | €187 | +€134 | +254.1% |
| Profit (loss) for the period before taxes | 9903 | €33,913 | €10,861 | -€23,052 | -68.0% |
| Income taxes | 67/77 | €7,542 | €3,547 | -€3,995 | -53.0% |
| Profit (loss) for the period | 9904 | €26,372 | €7,314 | -€19,058 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,372 | €7,314 | -€19,058 | -72.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.