LOS ANGELES: 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.
LOS ANGELES
Largest movements
- Cash -€72,366
down €72,366 (-37.8%), from €191,397 to €119,032
mainly Receivables within one year (-€69,354) and Trade debts (-€22,329)
- Receivables within one year +€69,354
up €69,354 (+164%), from €42,171 to €111,525
of which Other amounts receivable: +€72,465
- Tangible fixed assets -€33,732
down €33,732 (-23.9%), from €141,408 to €107,676
of which Plant, machinery and equipment: -€17,522
- Stocks and contracts +€18,009
up €18,009 (+51.7%), from €34,847 to €52,856
- Trade debts -€22,329
down €22,329 (-77.5%), from €28,800 to €6,470
- Profit (loss) carried forward +€15,097
up €15,097 (+6.3%), from €239,871 to €254,968
- Debts after one year -€9,872
down €9,872 (-100%), from €9,872 to €0
- Gross operating margin -€33,279
down €33,279 (-12.2%), from €271,731 to €238,452
- Staff costs +€25,027
up €25,027 (+17.4%), from €143,609 to €168,635
- Taxes -€14,119
down €14,119 (-72.7%), from €19,415 to €5,296
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 | €417,584 | €401,531 | -€16,053 | -3.8% |
| Fixed assets | 21/28 | €141,858 | €108,126 | -€33,732 | -23.8% |
| Tangible fixed assets | 22/27 | €141,408 | €107,676 | -€33,732 | -23.9% |
| Plant, machinery and equipment | 23 | €56,036 | €38,514 | -€17,522 | -31.3% |
| Furniture and vehicles | 24 | €35,355 | €30,921 | -€4,434 | -12.5% |
| Other tangible fixed assets | 26 | €50,017 | €38,241 | -€11,776 | -23.5% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €275,726 | €293,404 | +€17,678 | +6.4% |
| Stocks and contracts in progress | 3 | €34,847 | €52,856 | +€18,009 | +51.7% |
| Stocks | 30/36 | €34,847 | €52,856 | +€18,009 | +51.7% |
| Amounts receivable within one year | 40/41 | €42,171 | €111,525 | +€69,354 | +164% |
| Trade receivables | 40 | €23,913 | €20,802 | -€3,111 | -13.0% |
| Other amounts receivable | 41 | €18,258 | €90,724 | +€72,465 | +397% |
| Cash at bank and in hand | 54/58 | €191,397 | €119,032 | -€72,366 | -37.8% |
| Deferred charges and accrued income | 490/1 | €7,310 | €9,991 | +€2,681 | +36.7% |
| Total equity and liabilities | 10/49 | €417,584 | €401,531 | -€16,053 | -3.8% |
| Equity | 10/15 | €358,071 | €373,168 | +€15,097 | +4.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €56,200 | €56,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,871 | €254,968 | +€15,097 | +6.3% |
| Amounts payable | 17/49 | €59,513 | €28,362 | -€31,151 | -52.3% |
| Amounts payable after more than one year | 17 | €9,872 | €0 | -€9,872 | -100% |
| Financial debts | 170/4 | €9,872 | €0 | -€9,872 | -100% |
| Amounts payable within one year | 42/48 | €49,642 | €28,362 | -€21,279 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €12,797 | €9,872 | -€2,925 | -22.9% |
| Trade debts | 44 | €28,800 | €6,470 | -€22,329 | -77.5% |
| Suppliers | 440/4 | €28,800 | €6,470 | -€22,329 | -77.5% |
| Advances received on contracts in progress | 46 | - | €150 | +€150 | |
| Taxes, remuneration and social security | 45 | €8,045 | €11,871 | +€3,825 | +47.5% |
| Taxes | 450/3 | €818 | €1,896 | +€1,078 | +132% |
| Remuneration and social security | 454/9 | €7,227 | €9,974 | +€2,747 | +38.0% |
| Non-recurring operating income | 76A | €6,996 | €0 | -€6,996 | -100% |
| Remuneration, social security and pensions | 62 | €143,609 | €168,635 | +€25,027 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,637 | €43,713 | -€924 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€20 | -€81 | -€61 | -305% |
| Other operating charges | 640/8 | €5,321 | €5,163 | -€158 | -3.0% |
| Gross operating margin | 9900 | €271,731 | €238,452 | -€33,279 | -12.2% |
| Operating profit (loss) | 9901 | €78,184 | €21,022 | -€57,162 | -73.1% |
| Financial charges | 65/66B | €1,273 | €629 | -€644 | -50.6% |
| Recurring financial charges | 65 | €1,273 | €629 | -€644 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €76,911 | €20,393 | -€56,518 | -73.5% |
| Income taxes | 67/77 | €19,415 | €5,296 | -€14,119 | -72.7% |
| Profit (loss) for the period | 9904 | €57,496 | €15,097 | -€42,399 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,496 | €15,097 | -€42,399 | -73.7% |
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.