LNS GESTION: 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 GESTION
Largest movements
- Tangible fixed assets +€217,211
up €217,211 (+59.7%), from €363,800 to €581,011
of which Land and buildings: +€217,211
- Cash +€10,790
new in 2025: €10,790
mainly Debts after one year (+€202,649) and Other debts (+€72,664)
- Debts after one year +€202,649
up €202,649 (+275%), from €73,632 to €276,281
of which Financial debts: +€202,649
- Other debts +€72,664
up €72,664 (+1,453%), from €5,000 to €77,663
- Profit (loss) carried forward -€40,682
down €40,682 (-29.7%), from €136,845 to €96,163
- Short-term financial debts -€13,130
no longer reported in 2025 (was €13,130)
- Current portion of long-term debt +€8,044
up €8,044 (+37.2%), from €21,633 to €29,677
- Purchases and services +€42,142
up €42,142 (+422%), from €9,985 to €52,127
- Gross operating margin -€38,672
down €38,672 (-73.3%), from €52,791 to €14,119
- Financial charges +€12,139
up €12,139 (+142%), from €8,574 to €20,713
of which Financial charges: +€12,289
- Depreciation +€4,966
up €4,966 (+24.8%), from €19,993 to €24,959
- Taxes -€4,824
no longer reported in 2025 (was €4,824)
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 | €366,827 | €594,208 | +€227,382 | +62.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €363,800 | €581,011 | +€217,211 | +59.7% |
| Tangible fixed assets | 22/27 | €363,800 | €581,011 | +€217,211 | +59.7% |
| Land and buildings | 22 | €363,800 | €581,011 | +€217,211 | +59.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €3,026 | €13,197 | +€10,171 | +336% |
| Amounts receivable within one year | 40/41 | €2,026 | €1,407 | -€619 | -30.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,026 | €1,407 | -€619 | -30.6% |
| Cash at bank and in hand | 54/58 | - | €10,790 | +€10,790 | |
| Deferred charges and accrued income | 490/1 | €1,000 | €1,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €366,827 | €594,208 | +€227,382 | +62.0% |
| Equity | 10/15 | €239,916 | €199,234 | -€40,682 | -17.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €41,571 | €41,571 | = | 0.0% |
| Non-distributable reserves | 130/1 | €680 | €680 | = | 0.0% |
| Legal reserve | 130 | €680 | €680 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €22,141 | €22,141 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,845 | €96,163 | -€40,682 | -29.7% |
| Amounts payable | 17/49 | €126,910 | €394,974 | +€268,064 | +211% |
| Amounts payable after more than one year | 17 | €73,632 | €276,281 | +€202,649 | +275% |
| Financial debts | 170/4 | €73,632 | €276,281 | +€202,649 | +275% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €48,752 | €113,250 | +€64,498 | +132% |
| Current portion of amounts payable after more than one year | 42 | €21,633 | €29,677 | +€8,044 | +37.2% |
| Financial debts | 43 | €13,130 | - | -€13,130 | |
| Credit institutions | 430/8 | €13,130 | - | -€13,130 | |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,990 | €5,910 | -€3,080 | -34.3% |
| Taxes | 450/3 | €8,990 | €5,910 | -€3,080 | -34.3% |
| Other amounts payable | 47/48 | €5,000 | €77,663 | +€72,664 | +1,453% |
| Accrued charges and deferred income | 492/3 | €4,527 | €5,443 | +€916 | +20.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,985 | €52,127 | +€42,142 | +422% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,993 | €24,959 | +€4,966 | +24.8% |
| Other operating charges | 640/8 | €8,021 | €9,200 | +€1,180 | +14.7% |
| Gross operating margin | 9900 | €52,791 | €14,119 | -€38,672 | -73.3% |
| Operating profit (loss) | 9901 | €24,777 | -€20,040 | -€44,817 | |
| Financial income | 75/76B | - | €71 | +€71 | |
| Recurring financial income | 75 | - | €71 | +€71 | |
| Non-recurring financial income | 76B | - | €71 | +€71 | |
| Financial charges | 65/66B | €8,574 | €20,713 | +€12,139 | +142% |
| Recurring financial charges | 65 | €8,424 | €20,713 | +€12,289 | +146% |
| Non-recurring financial charges | 66B | €150 | - | -€150 | |
| Profit (loss) for the period before taxes | 9903 | €16,203 | -€40,682 | -€56,885 | |
| Income taxes | 67/77 | €4,824 | - | -€4,824 | |
| Profit (loss) for the period | 9904 | €11,378 | -€40,682 | -€52,060 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,378 | -€40,682 | -€52,060 |
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 25 October 2026 via checked.be.