LNS53: 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.
LNS53
Largest movements
- Tangible fixed assets -€120,749
down €120,749 (-3.3%), from €3.6m to €3.5m
of which Land and buildings: -€118,670
- Profit (loss) carried forward -€119,871
down €119,871 (-7.3%), from -€1.6m to -€1.8m
- Other debts +€40,992
up €40,992 (+36.0%), from €113,837 to €154,830
- Debts after one year -€39,555
down €39,555 (-0.8%), from €5.0m to €5.0m
- Gross operating margin -€4,300
down €4,300 (-2.3%), from €187,184 to €182,884
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 | €3,677,344 | €3,561,868 | -€115,476 | -3.1% |
| Fixed assets | 21/28 | €3,617,862 | €3,497,113 | -€120,749 | -3.3% |
| Tangible fixed assets | 22/27 | €3,617,862 | €3,497,113 | -€120,749 | -3.3% |
| Land and buildings | 22 | €3,607,938 | €3,489,268 | -€118,670 | -3.3% |
| Plant, machinery and equipment | 23 | €9,415 | €7,846 | -€1,569 | -16.7% |
| Furniture and vehicles | 24 | €510 | €0 | -€510 | -100.0% |
| Current assets | 29/58 | €59,481 | €64,754 | +€5,273 | +8.9% |
| Amounts receivable within one year | 40/41 | €46,370 | €48,638 | +€2,268 | +4.9% |
| Other amounts receivable | 41 | €46,370 | €48,638 | +€2,268 | +4.9% |
| Cash at bank and in hand | 54/58 | €10,139 | €12,761 | +€2,621 | +25.9% |
| Deferred charges and accrued income | 490/1 | €2,972 | €3,356 | +€383 | +12.9% |
| Total equity and liabilities | 10/49 | €3,677,344 | €3,561,868 | -€115,476 | -3.1% |
| Equity | 10/15 | -€1,628,125 | -€1,747,996 | -€119,871 | -7.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,648,125 | -€1,767,996 | -€119,871 | -7.3% |
| Amounts payable | 17/49 | €5,305,468 | €5,309,864 | +€4,395 | +0.1% |
| Amounts payable after more than one year | 17 | €5,036,470 | €4,996,914 | -€39,555 | -0.8% |
| Financial debts | 170/4 | €5,036,470 | €4,996,914 | -€39,555 | -0.8% |
| Amounts payable within one year | 42/48 | €262,788 | €307,990 | +€45,202 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €141,668 | €145,008 | +€3,339 | +2.4% |
| Trade debts | 44 | €7,282 | €8,153 | +€871 | +12.0% |
| Suppliers | 440/4 | €7,282 | €8,153 | +€871 | +12.0% |
| Other amounts payable | 47/48 | €113,837 | €154,830 | +€40,992 | +36.0% |
| Accrued charges and deferred income | 492/3 | €6,211 | €4,959 | -€1,252 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,749 | €120,749 | = | 0.0% |
| Other operating charges | 640/8 | €9,040 | €9,542 | +€502 | +5.6% |
| Gross operating margin | 9900 | €187,184 | €182,884 | -€4,300 | -2.3% |
| Operating profit (loss) | 9901 | €57,395 | €52,593 | -€4,802 | -8.4% |
| Financial income | 75/76B | €2,160 | €2,268 | +€108 | +5.0% |
| Recurring financial income | 75 | €2,160 | €2,268 | +€108 | +5.0% |
| Financial charges | 65/66B | €173,198 | €174,733 | +€1,535 | +0.9% |
| Recurring financial charges | 65 | €173,198 | €174,733 | +€1,535 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€113,642 | -€119,871 | -€6,229 | -5.5% |
| Profit (loss) for the period | 9904 | -€113,642 | -€119,871 | -€6,229 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€113,642 | -€119,871 | -€6,229 | -5.5% |
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 7 October 2026 via checked.be.