LMTM Management: 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.
LMTM Management
Largest movements
- Receivables within one year +€64,311
up €64,311 (+47.8%), from €134,674 to €198,985
of which Other amounts receivable: +€51,481
- Financial fixed assets +€4,646
up €4,646 (+6.4%), from €72,342 to €76,988
- Profit (loss) carried forward +€45,388
up €45,388 (+132%), from €34,357 to €79,746
- Tax, wage and social debts +€21,409
up €21,409 (+36.5%), from €58,640 to €80,049
- Gross operating margin -€141,287
down €141,287 (-72.3%), from €195,286 to €53,999
- Taxes -€31,339
down €31,339 (-69.0%), from €45,400 to €14,061
- Financial income +€4,616
up €4,616 (+80.2%), from €5,758 to €10,374
- Financial charges +€2,250
up €2,250 (+2,273%), from €99 to €2,349
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 | €215,014 | €284,537 | +€69,523 | +32.3% |
| Fixed assets | 21/28 | €72,342 | €76,988 | +€4,646 | +6.4% |
| Financial fixed assets | 28 | €72,342 | €76,988 | +€4,646 | +6.4% |
| Current assets | 29/58 | €142,672 | €207,549 | +€64,877 | +45.5% |
| Amounts receivable within one year | 40/41 | €134,674 | €198,985 | +€64,311 | +47.8% |
| Trade receivables | 40 | €12,705 | €25,535 | +€12,830 | +101% |
| Other amounts receivable | 41 | €121,969 | €173,450 | +€51,481 | +42.2% |
| Cash at bank and in hand | 54/58 | €7,998 | €7,676 | -€322 | -4.0% |
| Deferred charges and accrued income | 490/1 | - | €889 | +€889 | |
| Total equity and liabilities | 10/49 | €215,014 | €284,537 | +€69,523 | +32.3% |
| Equity | 10/15 | €35,457 | €80,846 | +€45,388 | +128% |
| Contributions | 10/11 | €1,100 | €1,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,357 | €79,746 | +€45,388 | +132% |
| Amounts payable | 17/49 | €179,557 | €203,691 | +€24,135 | +13.4% |
| Amounts payable within one year | 42/48 | €179,557 | €203,691 | +€24,135 | +13.4% |
| Trade debts | 44 | €916 | €3,642 | +€2,726 | +297% |
| Suppliers | 440/4 | €916 | €3,642 | +€2,726 | +297% |
| Taxes, remuneration and social security | 45 | €58,640 | €80,049 | +€21,409 | +36.5% |
| Taxes | 450/3 | €58,640 | €80,049 | +€21,409 | +36.5% |
| Other amounts payable | 47/48 | €120,000 | €120,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,187 | €2,574 | +€1,387 | +117% |
| Gross operating margin | 9900 | €195,286 | €53,999 | -€141,287 | -72.3% |
| Operating profit (loss) | 9901 | €194,098 | €51,424 | -€142,674 | -73.5% |
| Financial income | 75/76B | €5,758 | €10,374 | +€4,616 | +80.2% |
| Recurring financial income | 75 | €5,758 | €10,374 | +€4,616 | +80.2% |
| Financial charges | 65/66B | €99 | €2,349 | +€2,250 | +2,273% |
| Recurring financial charges | 65 | €99 | €2,349 | +€2,250 | +2,273% |
| Profit (loss) for the period before taxes | 9903 | €199,757 | €59,449 | -€140,308 | -70.2% |
| Income taxes | 67/77 | €45,400 | €14,061 | -€31,339 | -69.0% |
| Profit (loss) for the period | 9904 | €154,357 | €45,388 | -€108,969 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €154,357 | €45,388 | -€108,969 | -70.6% |
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 15 October 2026 via checked.be.