LR Business: 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.
LR Business
Largest movements
- Tangible fixed assets -€8,721
down €8,721 (-24.9%), from €34,959 to €26,237
of which Furniture and vehicles: -€8,417
- Cash +€4,028
up €4,028 (+27.8%), from €14,490 to €18,517
mainly Other debts (+€12,424) and Depreciation (+€8,916)
- Receivables within one year -€3,048
down €3,048 (-42.8%), from €7,124 to €4,076
of which Other amounts receivable: -€4,791
- Deferred charges and accrued income +€1,773
up €1,773 (+168%), from €1,055 to €2,829
- Debts after one year -€14,720
down €14,720 (-32.4%), from €45,443 to €30,722
- Other debts +€12,424
up €12,424 (+136%), from €9,156 to €21,581
- Profit (loss) carried forward -€4,527
down €4,527 (-13.0%), from -€34,782 to -€39,309
- Trade debts +€1,615
up €1,615 (+187%), from €866 to €2,480
- Accrued charges and deferred income -€998
down €998 (-32.6%), from €3,064 to €2,066
- Gross operating margin +€61,789
up €61,789, from -€14,132 to €47,658
- Staff costs +€23,494
up €23,494 (+145%), from €16,237 to €39,731
- Depreciation +€5,830
up €5,830 (+189%), from €3,086 to €8,916
- Financial charges +€2,152
up €2,152 (+195%), from €1,102 to €3,254
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 | €58,545 | €52,382 | -€6,164 | -10.5% |
| Fixed assets | 21/28 | €35,876 | €26,960 | -€8,916 | -24.9% |
| Intangible fixed assets | 21 | €917 | €722 | -€195 | -21.3% |
| Tangible fixed assets | 22/27 | €34,959 | €26,237 | -€8,721 | -24.9% |
| Furniture and vehicles | 24 | €30,327 | €21,910 | -€8,417 | -27.8% |
| Other tangible fixed assets | 26 | €4,631 | €4,327 | -€304 | -6.6% |
| Current assets | 29/58 | €22,669 | €25,422 | +€2,753 | +12.1% |
| Amounts receivable within one year | 40/41 | €7,124 | €4,076 | -€3,048 | -42.8% |
| Trade receivables | 40 | €2,334 | €4,076 | +€1,742 | +74.7% |
| Other amounts receivable | 41 | €4,791 | €0 | -€4,791 | -100% |
| Cash at bank and in hand | 54/58 | €14,490 | €18,517 | +€4,028 | +27.8% |
| Deferred charges and accrued income | 490/1 | €1,055 | €2,829 | +€1,773 | +168% |
| Total equity and liabilities | 10/49 | €58,545 | €52,382 | -€6,164 | -10.5% |
| Equity | 10/15 | -€19,782 | -€24,309 | -€4,527 | -22.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,782 | -€39,309 | -€4,527 | -13.0% |
| Amounts payable | 17/49 | €78,327 | €76,691 | -€1,636 | -2.1% |
| Amounts payable after more than one year | 17 | €45,443 | €30,722 | -€14,720 | -32.4% |
| Financial debts | 170/4 | €45,443 | €30,722 | -€14,720 | -32.4% |
| Amounts payable within one year | 42/48 | €29,821 | €43,903 | +€14,082 | +47.2% |
| Current portion of amounts payable after more than one year | 42 | €14,171 | €14,720 | +€549 | +3.9% |
| Trade debts | 44 | €866 | €2,480 | +€1,615 | +187% |
| Suppliers | 440/4 | €866 | €2,480 | +€1,615 | +187% |
| Taxes, remuneration and social security | 45 | €5,628 | €5,122 | -€506 | -9.0% |
| Taxes | 450/3 | €355 | €5,122 | +€4,767 | +1,342% |
| Remuneration and social security | 454/9 | €5,272 | €0 | -€5,272 | -100% |
| Other amounts payable | 47/48 | €9,156 | €21,581 | +€12,424 | +136% |
| Accrued charges and deferred income | 492/3 | €3,064 | €2,066 | -€998 | -32.6% |
| Remuneration, social security and pensions | 62 | €16,237 | €39,731 | +€23,494 | +145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,086 | €8,916 | +€5,830 | +189% |
| Other operating charges | 640/8 | €183 | €134 | -€49 | -26.6% |
| Gross operating margin | 9900 | -€14,132 | €47,658 | +€61,789 | |
| Operating profit (loss) | 9901 | -€33,638 | -€1,124 | +€32,514 | +96.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,102 | €3,254 | +€2,152 | +195% |
| Recurring financial charges | 65 | €1,102 | €3,254 | +€2,152 | +195% |
| Profit (loss) for the period before taxes | 9903 | -€34,739 | -€4,377 | +€30,362 | +87.4% |
| Income taxes | 67/77 | €43 | €150 | +€107 | +252% |
| Profit (loss) for the period | 9904 | -€34,782 | -€4,527 | +€30,255 | +87.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,782 | -€4,527 | +€30,255 | +87.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.