LNA Distribution: 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.
LNA Distribution
Largest movements
- Receivables within one year +€67,892
up €67,892 (+28.1%), from €241,436 to €309,327
of which Trade receivables: +€55,176
- Profit (loss) carried forward +€42,314
up €42,314 (+19.4%), from €217,774 to €260,089
- Tax, wage and social debts +€24,409
up €24,409 (+1810.3%), from €1,348 to €25,758
- Gross operating margin +€48,869
up €48,869, from -€4,230 to €44,639
- Taxes +€14,055
up €14,055 (+1042.4%), from €1,348 to €15,403
- Financial income -€1,460
down €1,460 (-9.7%), from €15,028 to €13,568
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 | €241,642 | €309,344 | +€67,702 | +28.0% |
| Current assets | 29/58 | €241,642 | €309,344 | +€67,702 | +28.0% |
| Amounts receivable within one year | 40/41 | €241,436 | €309,327 | +€67,892 | +28.1% |
| Trade receivables | 40 | €3,284 | €58,460 | +€55,176 | +1680.1% |
| Other amounts receivable | 41 | €238,152 | €250,867 | +€12,716 | +5.3% |
| Cash at bank and in hand | 54/58 | €207 | €17 | -€190 | -91.9% |
| Total equity and liabilities | 10/49 | €241,642 | €309,344 | +€67,702 | +28.0% |
| Equity | 10/15 | €232,034 | €274,349 | +€42,314 | +18.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €217,774 | €260,089 | +€42,314 | +19.4% |
| Amounts payable | 17/49 | €9,608 | €34,995 | +€25,387 | +264.2% |
| Amounts payable within one year | 42/48 | €9,608 | €34,995 | +€25,387 | +264.2% |
| Trade debts | 44 | €8,260 | €9,238 | +€978 | +11.8% |
| Suppliers | 440/4 | €8,260 | €9,238 | +€978 | +11.8% |
| Taxes, remuneration and social security | 45 | €1,348 | €25,758 | +€24,409 | +1810.3% |
| Taxes | 450/3 | €1,348 | €25,758 | +€24,409 | +1810.3% |
| Other operating charges | 640/8 | €399 | €400 | +€0 | +0.1% |
| Non-recurring operating charges | 66A | €1,387 | - | -€1,387 | |
| Gross operating margin | 9900 | -€4,230 | €44,639 | +€48,869 | |
| Operating profit (loss) | 9901 | -€6,017 | €44,240 | +€50,256 | |
| Financial income | 75/76B | €15,028 | €13,568 | -€1,460 | -9.7% |
| Recurring financial income | 75 | €15,028 | €13,568 | -€1,460 | -9.7% |
| Financial charges | 65/66B | €477 | €90 | -€387 | -81.1% |
| Recurring financial charges | 65 | €477 | €90 | -€387 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | €8,535 | €57,718 | +€49,183 | +576.3% |
| Income taxes | 67/77 | €1,348 | €15,403 | +€14,055 | +1042.4% |
| Profit (loss) for the period | 9904 | €7,186 | €42,314 | +€35,128 | +488.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,186 | €42,314 | +€35,128 | +488.8% |
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 10 October 2026 via checked.be.