LNRT: what changed
Two fiscal 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.
LNRT
Largest movements
- Cash +€53,903
up €53,903 (+111.1%), from €48,501 to €102,403
mainly Net result for the year (+€42,411) and Tax, wage and social debts (+€17,448)
- Receivables within one year +€3,285
up €3,285 (+24.5%), from €13,432 to €16,717
of which Trade receivables: +€3,349
- Tangible fixed assets +€2,532
up €2,532 (+39.7%), from €6,381 to €8,912
of which Furniture and vehicles: +€3,926
- Reserves +€41,578
up €41,578 (+96.9%), from €42,895 to €84,473
- Tax, wage and social debts +€17,448
up €17,448 (+74.5%), from €23,431 to €40,879
- Depreciation +€1,604
up €1,604 (+273.0%), from €588 to €2,192
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 | €68,452 | €128,178 | +€59,726 | +87.3% |
| Fixed assets | 21/28 | €6,381 | €8,912 | +€2,532 | +39.7% |
| Tangible fixed assets | 22/27 | €6,381 | €8,912 | +€2,532 | +39.7% |
| Plant, machinery and equipment | 23 | €6,381 | €4,987 | -€1,394 | -21.8% |
| Furniture and vehicles | 24 | - | €3,926 | +€3,926 | |
| Current assets | 29/58 | €62,072 | €119,266 | +€57,194 | +92.1% |
| Amounts receivable within one year | 40/41 | €13,432 | €16,717 | +€3,285 | +24.5% |
| Trade receivables | 40 | €13,062 | €16,411 | +€3,349 | +25.6% |
| Other amounts receivable | 41 | €370 | €306 | -€64 | -17.3% |
| Cash at bank and in hand | 54/58 | €48,501 | €102,403 | +€53,903 | +111.1% |
| Deferred charges and accrued income | 490/1 | €139 | €146 | +€6 | +4.6% |
| Total equity and liabilities | 10/49 | €68,452 | €128,178 | +€59,726 | +87.3% |
| Equity | 10/15 | €43,895 | €85,473 | +€41,578 | +94.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €42,895 | €84,473 | +€41,578 | +96.9% |
| Distributable reserves | 133 | €42,895 | €84,473 | +€41,578 | +96.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €24,557 | €42,705 | +€18,148 | +73.9% |
| Amounts payable within one year | 42/48 | €24,557 | €42,705 | +€18,148 | +73.9% |
| Financial debts | 43 | €140 | €375 | +€235 | +168.4% |
| Credit institutions | 430/8 | €140 | €375 | +€235 | +168.4% |
| Trade debts | 44 | €885 | €1,451 | +€566 | +63.9% |
| Suppliers | 440/4 | €885 | €1,451 | +€566 | +63.9% |
| Taxes, remuneration and social security | 45 | €23,431 | €40,879 | +€17,448 | +74.5% |
| Taxes | 450/3 | €23,431 | €40,879 | +€17,448 | +74.5% |
| Other amounts payable | 47/48 | €101 | €0 | -€101 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €588 | €2,192 | +€1,604 | +273.0% |
| Other operating charges | 640/8 | €770 | €690 | -€80 | -10.4% |
| Gross operating margin | 9900 | €62,922 | €62,893 | -€29 | 0.0% |
| Operating profit (loss) | 9901 | €61,564 | €60,011 | -€1,553 | -2.5% |
| Financial income | 75/76B | €15 | €398 | +€384 | +2602.0% |
| Recurring financial income | 75 | €15 | €398 | +€384 | +2602.0% |
| Financial charges | 65/66B | €1,990 | €1,455 | -€535 | -26.9% |
| Recurring financial charges | 65 | €1,990 | €1,455 | -€535 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €59,589 | €58,955 | -€634 | -1.1% |
| Income taxes | 67/77 | €16,694 | €16,544 | -€150 | -0.9% |
| Profit (loss) for the period | 9904 | €42,895 | €42,411 | -€484 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,895 | €42,411 | -€484 | -1.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.