LN Living: 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.
LN Living
Largest movements
- Stocks and contracts -€231,716
no longer reported in 2025 (was €231,716)
- Deferred charges and accrued income +€140,470
up €140,470 (+7,232%), from €1,942 to €142,412
- Cash -€126,507
down €126,507 (-95.4%), from €132,570 to €6,063
mainly Debts after one year (-€325,000) and Deferred charges and accrued income (-€140,470)
- Tangible fixed assets +€6,819
up €6,819 (+66.4%), from €10,268 to €17,087
of which Plant, machinery and equipment: +€4,305
- Debts after one year -€325,000
down €325,000 (-81.3%), from €400,000 to €75,000
- Reserves +€52,377
new in 2025: €52,377
- Profit (loss) carried forward +€39,030
no longer reported in 2025 (was -€39,030)
- Tax, wage and social debts +€21,250
up €21,250 (+9,848%), from €216 to €21,466
of which Taxes: +€17,521
- Trade debts -€7,061
down €7,061 (-48.1%), from €14,691 to €7,630
- Gross operating margin +€174,526
up €174,526 (+426%), from €40,949 to €215,475
- Financial charges +€27,057
up €27,057 (+927%), from €2,920 to €29,977
- Taxes +€17,521
new in 2025: €17,521
- Staff costs -€3,691
down €3,691 (-5.0%), from €73,624 to €69,933
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 | €381,100 | €170,383 | -€210,717 | -55.3% |
| Fixed assets | 21/28 | €10,268 | €19,024 | +€8,756 | +85.3% |
| Intangible fixed assets | 21 | - | €1,937 | +€1,937 | |
| Tangible fixed assets | 22/27 | €10,268 | €17,087 | +€6,819 | +66.4% |
| Plant, machinery and equipment | 23 | €1,458 | €5,763 | +€4,305 | +295% |
| Furniture and vehicles | 24 | €8,810 | €11,324 | +€2,514 | +28.5% |
| Current assets | 29/58 | €370,832 | €151,359 | -€219,473 | -59.2% |
| Stocks and contracts in progress | 3 | €231,716 | - | -€231,716 | |
| Stocks | 30/36 | €231,716 | - | -€231,716 | |
| Amounts receivable within one year | 40/41 | €4,604 | €2,883 | -€1,720 | -37.4% |
| Other amounts receivable | 41 | €4,604 | €2,883 | -€1,720 | -37.4% |
| Cash at bank and in hand | 54/58 | €132,570 | €6,063 | -€126,507 | -95.4% |
| Deferred charges and accrued income | 490/1 | €1,942 | €142,412 | +€140,470 | +7,232% |
| Total equity and liabilities | 10/49 | €381,100 | €170,383 | -€210,717 | -55.3% |
| Equity | 10/15 | -€34,030 | €57,377 | +€91,407 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €52,377 | +€52,377 | |
| Distributable reserves | 133 | - | €52,377 | +€52,377 | |
| Profit (loss) carried forward | 14 | -€39,030 | - | +€39,030 | |
| Amounts payable | 17/49 | €415,130 | €113,006 | -€302,124 | -72.8% |
| Amounts payable after more than one year | 17 | €400,000 | €75,000 | -€325,000 | -81.3% |
| Financial debts | 170/4 | €400,000 | €75,000 | -€325,000 | -81.3% |
| Amounts payable within one year | 42/48 | €14,906 | €34,263 | +€19,357 | +130% |
| Trade debts | 44 | €14,691 | €7,630 | -€7,061 | -48.1% |
| Suppliers | 440/4 | €14,691 | €7,630 | -€7,061 | -48.1% |
| Taxes, remuneration and social security | 45 | €216 | €21,466 | +€21,250 | +9,848% |
| Taxes | 450/3 | - | €17,521 | +€17,521 | |
| Remuneration and social security | 454/9 | €216 | €3,944 | +€3,728 | +1,728% |
| Other amounts payable | 47/48 | - | €5,168 | +€5,168 | |
| Accrued charges and deferred income | 492/3 | €223 | €3,743 | +€3,519 | +1,576% |
| Remuneration, social security and pensions | 62 | €73,624 | €69,933 | -€3,691 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,061 | €4,913 | +€1,851 | +60.5% |
| Other operating charges | 640/8 | €1,167 | €1,904 | +€737 | +63.2% |
| Gross operating margin | 9900 | €40,949 | €215,475 | +€174,526 | +426% |
| Operating profit (loss) | 9901 | -€36,902 | €138,726 | +€175,629 | |
| Financial income | 75/76B | €792 | €180 | -€612 | -77.3% |
| Recurring financial income | 75 | €792 | €180 | -€612 | -77.3% |
| Financial charges | 65/66B | €2,920 | €29,977 | +€27,057 | +927% |
| Recurring financial charges | 65 | €2,920 | €29,977 | +€27,057 | +927% |
| Profit (loss) for the period before taxes | 9903 | -€39,030 | €108,929 | +€147,959 | |
| Income taxes | 67/77 | - | €17,521 | +€17,521 | |
| Profit (loss) for the period | 9904 | -€39,030 | €91,407 | +€130,438 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,030 | €91,407 | +€130,438 |
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 21 October 2026 via checked.be.