LMILAK: 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.
LMILAK
Largest movements
- Receivables within one year -€33,500
down €33,500 (-9.7%), from €346,667 to €313,167
of which Other amounts receivable: -€80,000
- Current portion of long-term debt -€30,000
down €30,000 (-70.6%), from €42,500 to €12,500
- Profit (loss) carried forward -€8,522
down €8,522 (-5.0%), from -€169,790 to -€178,312
- Gross operating margin -€27,695
down €27,695 (-97.2%), from €28,504 to €809
- Financial charges -€1,468
down €1,468 (-52.5%), from €2,798 to €1,330
- Depreciation +€1,130
up €1,130 (+8.1%), from €13,872 to €15,003
- Financial income +€986
up €986 (+10.4%), from €9,464 to €10,450
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 | €815,027 | €783,374 | -€31,653 | -3.9% |
| Fixed assets | 21/28 | €398,833 | €399,065 | +€232 | +0.1% |
| Tangible fixed assets | 22/27 | €318,833 | €319,065 | +€232 | +0.1% |
| Land and buildings | 22 | €312,552 | €300,958 | -€11,594 | -3.7% |
| Plant, machinery and equipment | 23 | €3,344 | €2,957 | -€387 | -11.6% |
| Furniture and vehicles | 24 | €2,937 | €5,062 | +€2,126 | +72.4% |
| Other tangible fixed assets | 26 | - | €10,087 | +€10,087 | |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €416,194 | €384,310 | -€31,884 | -7.7% |
| Amounts receivable within one year | 40/41 | €346,667 | €313,167 | -€33,500 | -9.7% |
| Trade receivables | 40 | - | €46,500 | +€46,500 | |
| Other amounts receivable | 41 | €346,667 | €266,667 | -€80,000 | -23.1% |
| Cash at bank and in hand | 54/58 | €15,086 | €8,702 | -€6,384 | -42.3% |
| Deferred charges and accrued income | 490/1 | €54,441 | €62,441 | +€8,000 | +14.7% |
| Total equity and liabilities | 10/49 | €815,027 | €783,374 | -€31,653 | -3.9% |
| Equity | 10/15 | €200,210 | €191,688 | -€8,522 | -4.3% |
| Contributions | 10/11 | €370,000 | €370,000 | = | 0.0% |
| Capital | 10 | €370,000 | €370,000 | = | 0.0% |
| Issued capital | 100 | €370,000 | €370,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€169,790 | -€178,312 | -€8,522 | -5.0% |
| Amounts payable | 17/49 | €614,816 | €591,686 | -€23,130 | -3.8% |
| Amounts payable within one year | 42/48 | €614,363 | €591,233 | -€23,130 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €42,500 | €12,500 | -€30,000 | -70.6% |
| Trade debts | 44 | €2,044 | €8,914 | +€6,870 | +336.1% |
| Suppliers | 440/4 | €2,044 | €8,914 | +€6,870 | +336.1% |
| Other amounts payable | 47/48 | €569,819 | €569,819 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €454 | €454 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,872 | €15,003 | +€1,130 | +8.1% |
| Other operating charges | 640/8 | €3,334 | €3,449 | +€115 | +3.4% |
| Gross operating margin | 9900 | €28,504 | €809 | -€27,695 | -97.2% |
| Operating profit (loss) | 9901 | €11,298 | -€17,642 | -€28,941 | |
| Financial income | 75/76B | €9,464 | €10,450 | +€986 | +10.4% |
| Recurring financial income | 75 | €9,464 | €10,450 | +€986 | +10.4% |
| Financial charges | 65/66B | €2,798 | €1,330 | -€1,468 | -52.5% |
| Recurring financial charges | 65 | €2,798 | €1,330 | -€1,468 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €17,963 | -€8,522 | -€26,486 | |
| Income taxes | 67/77 | €16 | - | -€16 | |
| Profit (loss) for the period | 9904 | €17,947 | -€8,522 | -€26,470 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,947 | -€8,522 | -€26,470 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.