LMI Concept: 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.
LMI Concept
Largest movements
- Cash +€11,081
up €11,081 (+113.7%), from €9,748 to €20,829
mainly Net result for the year (+€9,430) and Receivables within one year (+€7,385)
- Receivables within one year -€7,385
down €7,385 (-100.0%), from €7,385 to €0
of which Trade receivables: -€7,385
- Deferred charges and accrued income -€2,230
down €2,230 (-16.6%), from €13,470 to €11,241
- Tangible fixed assets -€809
down €809 (-25.2%), from €3,203 to €2,394
of which Furniture and vehicles: -€413
- Profit (loss) carried forward +€9,430
up €9,430 (+99.1%), from €9,515 to €18,945
- Tax, wage and social debts -€7,109
down €7,109 (-56.8%), from €12,515 to €5,407
of which Remuneration and social security: -€7,500
- Other debts -€1,865
down €1,865 (-20.9%), from €8,908 to €7,043
- Gross operating margin +€11,818
up €11,818 (+222.8%), from €5,305 to €17,123
- Taxes +€3,059
up €3,059 (+569.8%), from €537 to €3,596
- Financial charges -€512
down €512 (-17.7%), from €2,890 to €2,378
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 | €33,806 | €34,464 | +€658 | +1.9% |
| Fixed assets | 21/28 | €3,203 | €2,394 | -€809 | -25.2% |
| Tangible fixed assets | 22/27 | €3,203 | €2,394 | -€809 | -25.2% |
| Plant, machinery and equipment | 23 | €1,441 | €1,045 | -€396 | -27.5% |
| Furniture and vehicles | 24 | €1,762 | €1,349 | -€413 | -23.4% |
| Current assets | 29/58 | €30,603 | €32,070 | +€1,467 | +4.8% |
| Amounts receivable within one year | 40/41 | €7,385 | €0 | -€7,385 | -100.0% |
| Trade receivables | 40 | €7,385 | €0 | -€7,385 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €9,748 | €20,829 | +€11,081 | +113.7% |
| Deferred charges and accrued income | 490/1 | €13,470 | €11,241 | -€2,230 | -16.6% |
| Total equity and liabilities | 10/49 | €33,806 | €34,464 | +€658 | +1.9% |
| Equity | 10/15 | €12,015 | €21,445 | +€9,430 | +78.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,515 | €18,945 | +€9,430 | +99.1% |
| Amounts payable | 17/49 | €21,791 | €13,019 | -€8,772 | -40.3% |
| Amounts payable within one year | 42/48 | €21,725 | €12,925 | -€8,800 | -40.5% |
| Trade debts | 44 | €302 | €476 | +€173 | +57.4% |
| Suppliers | 440/4 | €302 | €476 | +€173 | +57.4% |
| Taxes, remuneration and social security | 45 | €12,515 | €5,407 | -€7,109 | -56.8% |
| Taxes | 450/3 | €5,015 | €5,407 | +€391 | +7.8% |
| Remuneration and social security | 454/9 | €7,500 | €0 | -€7,500 | -100.0% |
| Other amounts payable | 47/48 | €8,908 | €7,043 | -€1,865 | -20.9% |
| Accrued charges and deferred income | 492/3 | €66 | €94 | +€28 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €655 | €809 | +€153 | +23.4% |
| Other operating charges | 640/8 | €890 | €912 | +€22 | +2.5% |
| Gross operating margin | 9900 | €5,305 | €17,123 | +€11,818 | +222.8% |
| Operating profit (loss) | 9901 | €3,760 | €15,403 | +€11,643 | +309.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,890 | €2,378 | -€512 | -17.7% |
| Recurring financial charges | 65 | €2,890 | €2,378 | -€512 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €870 | €13,026 | +€12,156 | +1397.2% |
| Income taxes | 67/77 | €537 | €3,596 | +€3,059 | +569.8% |
| Profit (loss) for the period | 9904 | €333 | €9,430 | +€9,097 | +2730.4% |
| Profit (loss) for the period to be appropriated | 9905 | €333 | €9,430 | +€9,097 | +2730.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.