LNB Risk 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.
LNB Risk Management
Largest movements
- Financial fixed assets +€100,000
up €100,000 (+100%), from €100,000 to €200,000
- Cash -€48,210
down €48,210 (-79.3%), from €60,779 to €12,569
mainly Investment in fixed assets (net) (-€100,000) and Debts after one year (-€20,000)
- Receivables within one year +€7,818
new in 2025: €7,818
- Reserves +€82,958
up €82,958 (+109%), from €76,025 to €158,982
- Debts after one year -€20,000
down €20,000 (-33.3%), from €60,000 to €40,000
- Tax, wage and social debts -€3,076
no longer reported in 2025 (was €3,076)
- Taxes -€7,819
down €7,819 (-25.1%), from €31,157 to €23,338
- Gross operating margin -€2,384
down €2,384 (-2.0%), from €116,623 to €114,240
- Financial charges -€1,338
down €1,338 (-15.7%), from €8,538 to €7,200
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 | €163,095 | €223,138 | +€60,042 | +36.8% |
| Fixed assets | 21/28 | €101,507 | €201,157 | +€99,650 | +98.2% |
| Tangible fixed assets | 22/27 | €1,507 | €1,157 | -€350 | -23.2% |
| Plant, machinery and equipment | 23 | €1,507 | €1,157 | -€350 | -23.2% |
| Financial fixed assets | 28 | €100,000 | €200,000 | +€100,000 | +100% |
| Current assets | 29/58 | €61,588 | €21,981 | -€39,608 | -64.3% |
| Amounts receivable within one year | 40/41 | - | €7,818 | +€7,818 | |
| Other amounts receivable | 41 | - | €7,818 | +€7,818 | |
| Cash at bank and in hand | 54/58 | €60,779 | €12,569 | -€48,210 | -79.3% |
| Deferred charges and accrued income | 490/1 | €809 | €1,594 | +€785 | +96.9% |
| Total equity and liabilities | 10/49 | €163,095 | €223,138 | +€60,042 | +36.8% |
| Equity | 10/15 | €79,025 | €161,982 | +€82,958 | +105% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €76,025 | €158,982 | +€82,958 | +109% |
| Distributable reserves | 133 | €76,025 | €158,982 | +€82,958 | +109% |
| Amounts payable | 17/49 | €84,071 | €61,155 | -€22,915 | -27.3% |
| Amounts payable after more than one year | 17 | €60,000 | €40,000 | -€20,000 | -33.3% |
| Financial debts | 170/4 | €60,000 | €40,000 | -€20,000 | -33.3% |
| Amounts payable within one year | 42/48 | €24,071 | €21,155 | -€2,915 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €725 | €466 | -€259 | -35.7% |
| Suppliers | 440/4 | €725 | €466 | -€259 | -35.7% |
| Taxes, remuneration and social security | 45 | €3,076 | - | -€3,076 | |
| Taxes | 450/3 | €3,076 | - | -€3,076 | |
| Other amounts payable | 47/48 | €269 | €689 | +€420 | +156% |
| Remuneration, social security and pensions | 62 | €370 | - | -€370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €243 | €350 | +€107 | +44.1% |
| Other operating charges | 640/8 | €560 | €757 | +€197 | +35.3% |
| Gross operating margin | 9900 | €116,623 | €114,240 | -€2,384 | -2.0% |
| Operating profit (loss) | 9901 | €115,451 | €113,132 | -€2,318 | -2.0% |
| Financial income | 75/76B | €269 | €364 | +€95 | +35.1% |
| Recurring financial income | 75 | €269 | €364 | +€95 | +35.1% |
| Financial charges | 65/66B | €8,538 | €7,200 | -€1,338 | -15.7% |
| Recurring financial charges | 65 | €8,538 | €7,200 | -€1,338 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €107,182 | €106,296 | -€886 | -0.8% |
| Income taxes | 67/77 | €31,157 | €23,338 | -€7,819 | -25.1% |
| Profit (loss) for the period | 9904 | €76,025 | €82,958 | +€6,933 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €76,025 | €82,958 | +€6,933 | +9.1% |
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 20 October 2026 via checked.be.