LNA BELGIQUE: what changed
What changed
LNA BELGIQUE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€965,502
2024 · -€676,787-€288,715
Equity
-€88,549
2024 · -€985,408+€896,858
Cash
€62,417
2024 · €56,894+€5,523
Balance sheet total
€6.2m
2024 · €5.3m+€894,317
Largest movements
Assets
- Receivables within one year +€888,794
up €888,794 (+33.1%), from €2.7m to €3.6m
of which Other amounts receivable: +€878,801
Equity and liabilities
- Profit (loss) carried forward +€3.4m
up €3.4m (+86.4%), from -€4.0m to -€539,779
- Reserves -€2.4m
down €2.4m (-98.0%), from €2.4m to €48,000
of which Non-distributable reserves: -€2.4m
- Contributions -€160,740
down €160,740 (-28.5%), from €563,970 to €403,230
Income statement
- Financial charges +€484,875
up €484,875 (+30.8%), from €1.6m to €2.1m
of which Non-recurring financial charges: +€586,793
- Other operating income +€169,211
new in 2025: €169,211
- Turnover +€53,524
up €53,524 (+5.2%), from €1.0m to €1.1m
- Financial income -€25,643
down €25,643 (-21.6%), from €118,786 to €93,144
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€676,787
Turnover
+€53,524
Other operating income
+€169,211
Services and other goods
-€493
Other operating charges
-€440
Financial income
-€25,643
Financial charges
-€484,875
Result 2025
-€965,502
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.9m
Investment
€0
Financing
+€1.9m
Cash 2024
€56,894
From operations (derived)
-€1.9m
Net result for the year
-€965,502
Receivables within one year
-€888,794
Trade debts
+€4,911
Other debts
-€7,452
Financing
+€1.9m
Short-term financial debts
-€0
Contributions, distributions and other
+€1.9m
Cash 2025
€62,417
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,331,350 | €6,225,667 | +€894,317 | +16.8% |
| Fixed assets | 21/28 | €2,585,320 | €2,585,320 | = | 0.0% |
| Financial fixed assets | 28 | €2,585,320 | €2,585,320 | = | 0.0% |
| Affiliated companies | 280/1 | €2,585,320 | €2,585,320 | = | 0.0% |
| Participating interests | 280 | €2,585,320 | €2,585,320 | = | 0.0% |
| Current assets | 29/58 | €2,746,030 | €3,640,347 | +€894,317 | +32.6% |
| Amounts receivable within one year | 40/41 | €2,689,136 | €3,577,929 | +€888,794 | +33.1% |
| Trade receivables | 40 | €264,399 | €274,391 | +€9,992 | +3.8% |
| Other amounts receivable | 41 | €2,424,737 | €3,303,538 | +€878,801 | +36.2% |
| Cash at bank and in hand | 54/58 | €56,894 | €62,417 | +€5,523 | +9.7% |
| Total equity and liabilities | 10/49 | €5,331,350 | €6,225,667 | +€894,317 | +16.8% |
| Equity | 10/15 | -€985,408 | -€88,549 | +€896,858 | +91.0% |
| Contributions | 10/11 | €563,970 | €403,230 | -€160,740 | -28.5% |
| Reserves | 13 | €2,430,644 | €48,000 | -€2.4m | -98.0% |
| Non-distributable reserves | 130/1 | €2,430,644 | - | -€2.4m | |
| Reserves not available under the articles | 1311 | €48,000 | - | -€48,000 | |
| Other | 1319 | €2,382,644 | - | -€2.4m | |
| Distributable reserves | 133 | - | €48,000 | +€48,000 | |
| Profit (loss) carried forward | 14 | -€3,980,021 | -€539,779 | +€3.4m | +86.4% |
| Amounts payable | 17/49 | €6,316,758 | €6,314,216 | -€2,541 | 0.0% |
| Amounts payable within one year | 42/48 | €6,316,758 | €6,314,216 | -€2,541 | 0.0% |
| Financial debts | 43 | €0 | - | -€0 | |
| Other loans | 439 | €0 | - | -€0 | |
| Trade debts | 44 | €46,590 | €51,500 | +€4,911 | +10.5% |
| Suppliers | 440/4 | €46,590 | €51,500 | +€4,911 | +10.5% |
| Taxes, remuneration and social security | 45 | €9,287 | €9,287 | = | 0.0% |
| Taxes | 450/3 | €9,287 | €9,287 | = | 0.0% |
| Other amounts payable | 47/48 | €6,260,881 | €6,253,429 | -€7,452 | -0.1% |
| Operating income | 70/76A | €1,031,696 | €1,254,432 | +€222,736 | +21.6% |
| Turnover | 70 | €1,031,696 | €1,085,221 | +€53,524 | +5.2% |
| Other operating income | 74 | - | €169,211 | +€169,211 | |
| Operating charges | 60/66A | €252,861 | €253,794 | +€933 | +0.4% |
| Services and other goods | 61 | €252,676 | €253,169 | +€493 | +0.2% |
| Other operating charges | 640/8 | €185 | €625 | +€440 | +238% |
| Operating profit (loss) | 9901 | €778,835 | €1,000,638 | +€221,803 | +28.5% |
| Financial income | 75/76B | €118,786 | €93,144 | -€25,643 | -21.6% |
| Recurring financial income | 75 | €118,786 | €93,144 | -€25,643 | -21.6% |
| Income from current assets | 751 | €118,786 | €93,144 | -€25,643 | -21.6% |
| Financial charges | 65/66B | €1,574,408 | €2,059,283 | +€484,875 | +30.8% |
| Recurring financial charges | 65 | €235,201 | €133,283 | -€101,918 | -43.3% |
| Other financial charges | 652/9 | €235,201 | €133,283 | -€101,918 | -43.3% |
| Non-recurring financial charges | 66B | €1,339,207 | €1,926,000 | +€586,793 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | -€676,787 | -€965,502 | -€288,715 | -42.7% |
| Profit (loss) for the period | 9904 | -€676,787 | -€965,502 | -€288,715 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€676,787 | -€965,502 | -€288,715 | -42.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.