LNS CHÂSSIS: 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.
LNS CHÂSSIS
Largest movements
- Tangible fixed assets -€122,865
down €122,865 (-90.5%), from €135,739 to €12,874
of which Land and buildings: -€109,310
- Receivables within one year -€37,449
down €37,449 (-28.3%), from €132,106 to €94,657
of which Trade receivables: -€33,208
- Stocks and contracts -€35,361
down €35,361 (-64.9%), from €54,486 to €19,125
- Cash -€9,171
down €9,171 (-17.3%), from €53,002 to €43,831
mainly Other debts (-€185,000) and Debts after one year (-€66,669)
- Deferred charges and accrued income -€5,049
down €5,049 (-55.9%), from €9,034 to €3,984
- Other debts -€185,000
down €185,000 (-86.7%), from €213,333 to €28,333
- Debts after one year -€66,669
down €66,669 (-100%), from €66,669 to €0
- Profit (loss) carried forward +€47,082
up €47,082 (+364%), from €12,950 to €60,032
- Tax, wage and social debts +€27,941
up €27,941 (+185%), from €15,104 to €43,045
of which Taxes: +€36,085
- Trade debts -€20,536
down €20,536 (-77.4%), from €26,523 to €5,987
- Turnover -€274,231
down €274,231 (-21.7%), from €1.3m to €991,483
- Staff costs -€180,487
down €180,487 (-88.7%), from €203,560 to €23,073
- Purchases and services -€148,222
down €148,222 (-13.7%), from €1.1m to €932,162
- Gross operating margin -€104,179
down €104,179 (-37.8%), from €275,818 to €171,639
- Taxes +€22,932
up €22,932 (+285%), from €8,049 to €30,981
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 | €385,872 | €175,977 | -€209,895 | -54.4% |
| Fixed assets | 21/28 | €137,245 | €14,380 | -€122,865 | -89.5% |
| Tangible fixed assets | 22/27 | €135,739 | €12,874 | -€122,865 | -90.5% |
| Land and buildings | 22 | €109,310 | €0 | -€109,310 | -100% |
| Plant, machinery and equipment | 23 | €9,096 | €6,086 | -€3,010 | -33.1% |
| Furniture and vehicles | 24 | €8,005 | €6,788 | -€1,217 | -15.2% |
| Other tangible fixed assets | 26 | €9,328 | €0 | -€9,328 | -100% |
| Financial fixed assets | 28 | €1,506 | €1,506 | = | 0.0% |
| Current assets | 29/58 | €248,628 | €161,597 | -€87,030 | -35.0% |
| Stocks and contracts in progress | 3 | €54,486 | €19,125 | -€35,361 | -64.9% |
| Stocks | 30/36 | €54,486 | €19,125 | -€35,361 | -64.9% |
| Amounts receivable within one year | 40/41 | €132,106 | €94,657 | -€37,449 | -28.3% |
| Trade receivables | 40 | €62,652 | €29,444 | -€33,208 | -53.0% |
| Other amounts receivable | 41 | €69,454 | €65,212 | -€4,241 | -6.1% |
| Cash at bank and in hand | 54/58 | €53,002 | €43,831 | -€9,171 | -17.3% |
| Deferred charges and accrued income | 490/1 | €9,034 | €3,984 | -€5,049 | -55.9% |
| Total equity and liabilities | 10/49 | €385,872 | €175,977 | -€209,895 | -54.4% |
| Equity | 10/15 | €50,410 | €97,492 | +€47,082 | +93.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,860 | €18,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,950 | €60,032 | +€47,082 | +364% |
| Amounts payable | 17/49 | €335,462 | €78,484 | -€256,978 | -76.6% |
| Amounts payable after more than one year | 17 | €66,669 | €0 | -€66,669 | -100% |
| Financial debts | 170/4 | €66,669 | €0 | -€66,669 | -100% |
| Amounts payable within one year | 42/48 | €264,769 | €77,365 | -€187,404 | -70.8% |
| Current portion of amounts payable after more than one year | 42 | €9,810 | €0 | -€9,810 | -100% |
| Financial debts | 43 | €0 | €0 | = | |
| Other loans | 439 | €0 | €0 | = | |
| Trade debts | 44 | €26,523 | €5,987 | -€20,536 | -77.4% |
| Suppliers | 440/4 | €26,523 | €5,987 | -€20,536 | -77.4% |
| Taxes, remuneration and social security | 45 | €15,104 | €43,045 | +€27,941 | +185% |
| Taxes | 450/3 | €6,960 | €43,045 | +€36,085 | +518% |
| Remuneration and social security | 454/9 | €8,144 | €0 | -€8,144 | -100% |
| Other amounts payable | 47/48 | €213,333 | €28,333 | -€185,000 | -86.7% |
| Accrued charges and deferred income | 492/3 | €4,024 | €1,119 | -€2,905 | -72.2% |
| Turnover | 70 | €1,265,714 | €991,483 | -€274,231 | -21.7% |
| Non-recurring operating income | 76A | €27,130 | €121,362 | +€94,232 | +347% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,080,384 | €932,162 | -€148,222 | -13.7% |
| Remuneration, social security and pensions | 62 | €203,560 | €23,073 | -€180,487 | -88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,860 | €6,564 | -€5,295 | -44.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€300 | - | +€300 | |
| Other operating charges | 640/8 | €12,595 | €2,343 | -€10,253 | -81.4% |
| Non-recurring operating charges | 66A | - | €24,935 | +€24,935 | |
| Gross operating margin | 9900 | €275,818 | €171,639 | -€104,179 | -37.8% |
| Operating profit (loss) | 9901 | €48,103 | €114,724 | +€66,621 | +138% |
| Financial income | 75/76B | €3,535 | €758 | -€2,777 | -78.6% |
| Recurring financial income | 75 | €3,535 | €663 | -€2,873 | -81.3% |
| Non-recurring financial income | 76B | - | €96 | +€96 | |
| Financial charges | 65/66B | €34,203 | €12,419 | -€21,784 | -63.7% |
| Recurring financial charges | 65 | €10,249 | €12,419 | +€2,170 | +21.2% |
| Non-recurring financial charges | 66B | €23,954 | - | -€23,954 | |
| Profit (loss) for the period before taxes | 9903 | €17,435 | €103,063 | +€85,628 | +491% |
| Income taxes | 67/77 | €8,049 | €30,981 | +€22,932 | +285% |
| Profit (loss) for the period | 9904 | €9,386 | €72,082 | +€62,696 | +668% |
| Profit (loss) for the period to be appropriated | 9905 | €9,386 | €72,082 | +€62,696 | +668% |
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 23 October 2026 via checked.be.