LMN ANDERLUES: 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.
LMN ANDERLUES
Largest movements
- Tangible fixed assets -€10,283
down €10,283 (-11.8%), from €87,038 to €76,755
- Receivables within one year +€1,705
up €1,705 (+5,471%), from €31 to €1,736
of which Trade receivables: +€1,709
- Cash +€1,627
up €1,627 (+31.8%), from €5,122 to €6,749
mainly Depreciation (+€10,283) and Other debts (+€6,493)
- Profit (loss) carried forward -€8,941
down €8,941 (-97.0%), from -€9,215 to -€18,156
- Other debts +€6,493
up €6,493 (+30.2%), from €21,537 to €28,030
- Current portion of long-term debt -€3,585
down €3,585 (-75.3%), from €4,761 to €1,177
- Purchases and services -€28,276
no longer reported in 2025 (was €28,276)
- Gross operating margin -€8,909
down €8,909 (-63.7%), from €13,983 to €5,073
- Taxes -€477
down €477 (-94.4%), from €506 to €29
- Other operating charges +€416
up €416 (+18.4%), from €2,255 to €2,671
- Financial charges -€362
down €362 (-25.0%), from €1,450 to €1,087
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.
Derived cash bridge
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 | €96,395 | €89,282 | -€7,113 | -7.4% |
| Fixed assets | 21/28 | €87,038 | €76,755 | -€10,283 | -11.8% |
| Tangible fixed assets | 22/27 | €87,038 | €76,755 | -€10,283 | -11.8% |
| Land and buildings | 22 | €56,385 | €53,401 | -€2,985 | -5.3% |
| Plant, machinery and equipment | 23 | €25,422 | €22,333 | -€3,089 | -12.2% |
| Furniture and vehicles | 24 | €5,231 | €1,022 | -€4,209 | -80.5% |
| Current assets | 29/58 | €9,357 | €12,527 | +€3,169 | +33.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €3,727 | €3,528 | -€198 | -5.3% |
| Stocks | 30/36 | €3,727 | €3,528 | -€198 | -5.3% |
| Amounts receivable within one year | 40/41 | €31 | €1,736 | +€1,705 | +5,471% |
| Trade receivables | 40 | - | €1,709 | +€1,709 | |
| Other amounts receivable | 41 | €31 | €27 | -€4 | -14.1% |
| Cash at bank and in hand | 54/58 | €5,122 | €6,749 | +€1,627 | +31.8% |
| Deferred charges and accrued income | 490/1 | €478 | €513 | +€36 | +7.4% |
| Total equity and liabilities | 10/49 | €96,395 | €89,282 | -€7,113 | -7.4% |
| Equity | 10/15 | €62,847 | €53,906 | -€8,941 | -14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,462 | €53,462 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €52,962 | €52,962 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,215 | -€18,156 | -€8,941 | -97.0% |
| Amounts payable | 17/49 | €33,548 | €35,376 | +€1,828 | +5.4% |
| Amounts payable after more than one year | 17 | €930 | - | -€930 | |
| Financial debts | 170/4 | €930 | - | -€930 | |
| Amounts payable within one year | 42/48 | €32,619 | €35,376 | +€2,757 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €4,761 | €1,177 | -€3,585 | -75.3% |
| Financial debts | 43 | €3,646 | €2,946 | -€700 | -19.2% |
| Credit institutions | 430/8 | €3,646 | €2,946 | -€700 | -19.2% |
| Trade debts | 44 | €1,213 | €2,174 | +€961 | +79.2% |
| Suppliers | 440/4 | €1,213 | €2,174 | +€961 | +79.2% |
| Taxes, remuneration and social security | 45 | €1,462 | €1,050 | -€412 | -28.2% |
| Taxes | 450/3 | €1,462 | €1,050 | -€412 | -28.2% |
| Other amounts payable | 47/48 | €21,537 | €28,030 | +€6,493 | +30.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €28,276 | - | -€28,276 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,337 | €10,283 | -€55 | -0.5% |
| Other operating charges | 640/8 | €2,255 | €2,671 | +€416 | +18.4% |
| Gross operating margin | 9900 | €13,983 | €5,073 | -€8,909 | -63.7% |
| Operating profit (loss) | 9901 | €1,391 | -€7,880 | -€9,270 | |
| Financial income | 75/76B | €157 | €54 | -€103 | -65.4% |
| Recurring financial income | 75 | €157 | €54 | -€103 | -65.4% |
| Financial charges | 65/66B | €1,450 | €1,087 | -€362 | -25.0% |
| Recurring financial charges | 65 | €1,450 | €1,087 | -€362 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €98 | -€8,913 | -€9,011 | |
| Income taxes | 67/77 | €506 | €29 | -€477 | -94.4% |
| Profit (loss) for the period | 9904 | -€408 | -€8,941 | -€8,534 | -2,093% |
| Profit (loss) for the period to be appropriated | 9905 | -€408 | -€8,941 | -€8,534 | -2,093% |
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 16 October 2026 via checked.be.