LMLZ: 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.
LMLZ
Largest movements
- Cash +€19,790
up €19,790 (+122.6%), from €16,137 to €35,927
mainly Net result for the year (+€34,998) and Tax, wage and social debts (+€4,487)
- Receivables within one year +€13,174
up €13,174 (+970.6%), from €1,357 to €14,531
- Tangible fixed assets -€651
down €651 (-35.4%), from €1,838 to €1,186
- Reserves +€34,998
up €34,998 (+1337.3%), from €2,617 to €37,615
- Other debts -€7,173
down €7,173 (-62.8%), from €11,425 to €4,252
- Tax, wage and social debts +€4,487
up €4,487 (+260.9%), from €1,720 to €6,207
- Gross operating margin +€32,802
up €32,802 (+240.5%), from €13,642 to €46,443
- Taxes +€8,487
up €8,487 (+1035.3%), from €820 to €9,307
- Staff costs +€1,409
new in 2025: €1,409
- Depreciation +€535
up €535 (+461.5%), from €116 to €651
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 | €19,332 | €51,644 | +€32,312 | +167.1% |
| Fixed assets | 21/28 | €1,838 | €1,186 | -€651 | -35.4% |
| Tangible fixed assets | 22/27 | €1,838 | €1,186 | -€651 | -35.4% |
| Plant, machinery and equipment | 23 | €1,838 | €1,186 | -€651 | -35.4% |
| Current assets | 29/58 | €17,495 | €50,458 | +€32,963 | +188.4% |
| Amounts receivable within one year | 40/41 | €1,357 | €14,531 | +€13,174 | +970.6% |
| Other amounts receivable | 41 | €1,357 | €14,531 | +€13,174 | +970.6% |
| Cash at bank and in hand | 54/58 | €16,137 | €35,927 | +€19,790 | +122.6% |
| Total equity and liabilities | 10/49 | €19,332 | €51,644 | +€32,312 | +167.1% |
| Equity | 10/15 | €6,117 | €41,115 | +€34,998 | +572.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €2,617 | €37,615 | +€34,998 | +1337.3% |
| Distributable reserves | 133 | €2,617 | €37,615 | +€34,998 | +1337.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,215 | €10,529 | -€2,686 | -20.3% |
| Amounts payable within one year | 42/48 | €13,145 | €10,459 | -€2,686 | -20.4% |
| Taxes, remuneration and social security | 45 | €1,720 | €6,207 | +€4,487 | +260.9% |
| Taxes | 450/3 | €1,720 | €6,207 | +€4,487 | +260.9% |
| Other amounts payable | 47/48 | €11,425 | €4,252 | -€7,173 | -62.8% |
| Accrued charges and deferred income | 492/3 | €70 | €70 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €1,409 | +€1,409 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116 | €651 | +€535 | +461.5% |
| Gross operating margin | 9900 | €13,642 | €46,443 | +€32,802 | +240.5% |
| Operating profit (loss) | 9901 | €13,526 | €44,383 | +€30,858 | +228.1% |
| Financial charges | 65/66B | €89 | €79 | -€10 | -11.4% |
| Recurring financial charges | 65 | €89 | €79 | -€10 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €13,437 | €44,305 | +€30,868 | +229.7% |
| Income taxes | 67/77 | €820 | €9,307 | +€8,487 | +1035.3% |
| Profit (loss) for the period | 9904 | €12,617 | €34,998 | +€22,381 | +177.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,617 | €34,998 | +€22,381 | +177.4% |
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 9 October 2026 via checked.be.