LME: 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.
LME
Largest movements
- Receivables within one year -€98,607
down €98,607 (-79.1%), from €124,658 to €26,051
of which Trade receivables: -€53,050
- Tax, wage and social debts -€58,495
down €58,495 (-87.9%), from €66,512 to €8,018
- Advances received -€53,720
no longer reported in 2025 (was €53,720)
- Short-term financial debts +€24,262
up €24,262 (+479.1%), from €5,064 to €29,326
- Profit (loss) carried forward -€15,793
down €15,793 (-148.6%), from -€10,630 to -€26,422
- Trade debts +€5,137
up €5,137 (+93.6%), from €5,491 to €10,628
- Gross operating margin -€38,641
down €38,641, from €32,702 to -€5,939
- Financial charges -€10,549
down €10,549 (-82.1%), from €12,846 to €2,298
- Other operating charges +€9,979
up €9,979 (+2489.7%), from €401 to €10,380
- Financial income +€1,230
up €1,230 (+77.2%), from €1,593 to €2,824
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,848 | €28,241 | -€98,607 | -77.7% |
| Current assets | 29/58 | €126,848 | €28,241 | -€98,607 | -77.7% |
| Stocks and contracts in progress | 3 | €2,189 | €2,189 | = | 0.0% |
| Stocks | 30/36 | €2,189 | €2,189 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €124,658 | €26,051 | -€98,607 | -79.1% |
| Trade receivables | 40 | €55,210 | €2,160 | -€53,050 | -96.1% |
| Other amounts receivable | 41 | €69,449 | €23,891 | -€45,557 | -65.6% |
| Total equity and liabilities | 10/49 | €126,848 | €28,241 | -€98,607 | -77.7% |
| Equity | 10/15 | -€3,939 | -€19,732 | -€15,793 | -400.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €490 | €490 | = | 0.0% |
| Non-distributable reserves | 130/1 | €490 | €490 | = | 0.0% |
| Reserves not available under the articles | 1311 | €490 | €490 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,630 | -€26,422 | -€15,793 | -148.6% |
| Amounts payable | 17/49 | €130,787 | €47,972 | -€82,815 | -63.3% |
| Amounts payable within one year | 42/48 | €130,787 | €47,972 | -€82,815 | -63.3% |
| Financial debts | 43 | €5,064 | €29,326 | +€24,262 | +479.1% |
| Credit institutions | 430/8 | €5,064 | €29,326 | +€24,262 | +479.1% |
| Trade debts | 44 | €5,491 | €10,628 | +€5,137 | +93.6% |
| Suppliers | 440/4 | €5,491 | €10,628 | +€5,137 | +93.6% |
| Advances received on contracts in progress | 46 | €53,720 | - | -€53,720 | |
| Taxes, remuneration and social security | 45 | €66,512 | €8,018 | -€58,495 | -87.9% |
| Taxes | 450/3 | €66,512 | €8,018 | -€58,495 | -87.9% |
| Other operating charges | 640/8 | €401 | €10,380 | +€9,979 | +2489.7% |
| Non-recurring operating charges | 66A | €7,438 | - | -€7,438 | |
| Gross operating margin | 9900 | €32,702 | -€5,939 | -€38,641 | |
| Operating profit (loss) | 9901 | €24,862 | -€16,319 | -€41,181 | |
| Financial income | 75/76B | €1,593 | €2,824 | +€1,230 | +77.2% |
| Recurring financial income | 75 | €1,593 | €2,824 | +€1,230 | +77.2% |
| Financial charges | 65/66B | €12,846 | €2,298 | -€10,549 | -82.1% |
| Recurring financial charges | 65 | €12,846 | €2,298 | -€10,549 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | €13,610 | -€15,793 | -€29,402 | |
| Profit (loss) for the period | 9904 | €13,610 | -€15,793 | -€29,402 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,610 | -€15,793 | -€29,402 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.