LNBK: 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.
LNBK
Largest movements
- Receivables within one year -€15,589
down €15,589 (-93.7%), from €16,639 to €1,050
of which Trade receivables: -€13,497
- Tangible fixed assets +€8,600
up €8,600 (+98.7%), from €8,712 to €17,312
of which Other tangible fixed assets: +€9,256
- Cash -€3,786
down €3,786 (-30.1%), from €12,575 to €8,789
mainly Other debts (-€21,227) and Investment in fixed assets (net) (-€13,194)
- Other debts -€21,227
down €21,227 (-90.9%), from €23,350 to €2,123
- Reserves +€7,291
up €7,291 (+130%), from €5,613 to €12,904
- Tax, wage and social debts +€1,955
up €1,955 (+32.4%), from €6,034 to €7,989
- Trade debts +€1,206
new in 2025: €1,206
- Other operating charges +€3,009
up €3,009 (+238%), from €1,263 to €4,272
- Gross operating margin -€1,380
down €1,380 (-3.9%), from €34,986 to €33,606
- Depreciation +€1,130
up €1,130 (+32.6%), from €3,464 to €4,594
- Financial charges +€1,034
up €1,034 (+877%), from €118 to €1,152
- Taxes +€376
up €376 (+8.3%), from €4,528 to €4,904
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 | €38,916 | €28,141 | -€10,775 | -27.7% |
| Fixed assets | 21/28 | €9,702 | €18,302 | +€8,600 | +88.6% |
| Tangible fixed assets | 22/27 | €8,712 | €17,312 | +€8,600 | +98.7% |
| Furniture and vehicles | 24 | €8,712 | €8,056 | -€656 | -7.5% |
| Other tangible fixed assets | 26 | - | €9,256 | +€9,256 | |
| Financial fixed assets | 28 | €990 | €990 | = | 0.0% |
| Current assets | 29/58 | €29,214 | €9,839 | -€19,375 | -66.3% |
| Amounts receivable within one year | 40/41 | €16,639 | €1,050 | -€15,589 | -93.7% |
| Trade receivables | 40 | €14,547 | €1,050 | -€13,497 | -92.8% |
| Other amounts receivable | 41 | €2,092 | - | -€2,092 | |
| Cash at bank and in hand | 54/58 | €12,575 | €8,789 | -€3,786 | -30.1% |
| Total equity and liabilities | 10/49 | €38,916 | €28,141 | -€10,775 | -27.7% |
| Equity | 10/15 | €9,532 | €16,824 | +€7,292 | +76.5% |
| Contributions | 10/11 | €140 | €140 | = | 0.0% |
| Reserves | 13 | €5,613 | €12,904 | +€7,291 | +130% |
| Distributable reserves | 133 | €5,613 | €12,904 | +€7,291 | +130% |
| Profit (loss) carried forward | 14 | €3,779 | €3,779 | +€0 | 0.0% |
| Amounts payable | 17/49 | €29,384 | €11,318 | -€18,066 | -61.5% |
| Amounts payable within one year | 42/48 | €29,384 | €11,318 | -€18,066 | -61.5% |
| Trade debts | 44 | - | €1,206 | +€1,206 | |
| Suppliers | 440/4 | - | €1,206 | +€1,206 | |
| Taxes, remuneration and social security | 45 | €6,034 | €7,989 | +€1,955 | +32.4% |
| Taxes | 450/3 | €6,034 | €7,989 | +€1,955 | +32.4% |
| Other amounts payable | 47/48 | €23,350 | €2,123 | -€21,227 | -90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,464 | €4,594 | +€1,130 | +32.6% |
| Other operating charges | 640/8 | €1,263 | €4,272 | +€3,009 | +238% |
| Gross operating margin | 9900 | €34,986 | €33,606 | -€1,380 | -3.9% |
| Operating profit (loss) | 9901 | €30,259 | €24,741 | -€5,518 | -18.2% |
| Financial income | 75/76B | - | €107 | +€107 | |
| Recurring financial income | 75 | - | €107 | +€107 | |
| Financial charges | 65/66B | €118 | €1,152 | +€1,034 | +877% |
| Recurring financial charges | 65 | €118 | €1,152 | +€1,034 | +877% |
| Profit (loss) for the period before taxes | 9903 | €30,141 | €23,696 | -€6,445 | -21.4% |
| Income taxes | 67/77 | €4,528 | €4,904 | +€376 | +8.3% |
| Profit (loss) for the period | 9904 | €25,613 | €18,791 | -€6,822 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,613 | €18,791 | -€6,822 | -26.6% |
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 26 October 2026 via checked.be.