LR Chauffage-Sanitaire: what changed
What changed
LR Chauffage-Sanitaire
NACE 43.230, Insulation installation
filed annual accounts (NBB)
Net result for the year
€46,568
2024 · €61,579-€15,011
Equity
€238,941
2024 · €202,372+€36,568
Cash
€203,557
2024 · €156,088+€47,468
Balance sheet total
€315,359
2024 · €257,224+€58,135
Largest movements
Assets
- Cash +€47,468
up €47,468 (+30.4%), from €156,088 to €203,557
mainly Net result for the year (+€46,568) and Receivables within one year (+€26,619)
- Tangible fixed assets +€33,722
up €33,722 (+82.1%), from €41,092 to €74,814
of which Furniture and vehicles: +€32,714
- Receivables within one year -€26,619
down €26,619 (-51.0%), from €52,165 to €25,546
of which Trade receivables: -€30,951
- Stocks and contracts +€4,249
up €4,249 (+75.4%), from €5,638 to €9,887
Equity and liabilities
- Reserves +€36,568
up €36,568 (+38.3%), from €95,469 to €132,038
of which Distributable reserves: +€32,489
- Debts after one year +€11,877
up €11,877 (+152%), from €7,834 to €19,710
- Advances received +€8,851
up €8,851, from €0 to €8,851
- Other debts -€5,074
down €5,074 (-16.3%), from €31,188 to €26,114
- Current portion of long-term debt +€5,019
up €5,019 (+109%), from €4,586 to €9,605
Income statement
- Staff costs +€14,224
up €14,224 (+353%), from €4,031 to €18,255
- Taxes -€9,974
down €9,974 (-49.1%), from €20,317 to €10,343
- Depreciation +€8,055
up €8,055 (+60.5%), from €13,324 to €21,379
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€61,579
Gross operating margin
+€596
Staff costs
-€14,224
Depreciation
-€8,055
Write-downs
-€1,000
Other operating charges
-€295
Financial income
-€135
Financial charges
-€512
Taxes
+€9,974
Deferred taxes and other
-€1,360
Result 2025
€46,568
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€95,674
Investment
-€55,101
Financing
+€6,895
Cash 2024
€156,088
From operations (derived)
+€95,674
Net result for the year
+€46,568
Depreciation
+€21,379
Stocks and contracts
-€4,249
Receivables within one year
+€26,619
Deferred charges and accrued income
+€685
Provisions
+€1,360
Trade debts
-€2,017
Tax, wage and social debts
+€1,552
Advances received
+€8,851
Other debts
-€5,074
Investment (derived)
-€55,101
Investment in fixed assets (net)
-€55,101
Financing
+€6,895
Debts after one year
+€11,877
Current portion of long-term debt
+€5,019
Contributions, distributions and other
-€10,000
Cash 2025
€203,557
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €257,224 | €315,359 | +€58,135 | +22.6% |
| Fixed assets | 21/28 | €41,142 | €74,864 | +€33,722 | +82.0% |
| Tangible fixed assets | 22/27 | €41,092 | €74,814 | +€33,722 | +82.1% |
| Plant, machinery and equipment | 23 | €4,972 | €5,980 | +€1,008 | +20.3% |
| Furniture and vehicles | 24 | €36,120 | €68,834 | +€32,714 | +90.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €216,083 | €240,495 | +€24,413 | +11.3% |
| Stocks and contracts in progress | 3 | €5,638 | €9,887 | +€4,249 | +75.4% |
| Stocks | 30/36 | €5,638 | €9,887 | +€4,249 | +75.4% |
| Amounts receivable within one year | 40/41 | €52,165 | €25,546 | -€26,619 | -51.0% |
| Trade receivables | 40 | €52,165 | €21,214 | -€30,951 | -59.3% |
| Other amounts receivable | 41 | €0 | €4,332 | +€4,332 | |
| Cash at bank and in hand | 54/58 | €156,088 | €203,557 | +€47,468 | +30.4% |
| Deferred charges and accrued income | 490/1 | €2,192 | €1,506 | -€685 | -31.3% |
| Total equity and liabilities | 10/49 | €257,224 | €315,359 | +€58,135 | +22.6% |
| Equity | 10/15 | €202,372 | €238,941 | +€36,568 | +18.1% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €95,469 | €132,038 | +€36,568 | +38.3% |
| Tax-exempt reserves | 132 | €10,517 | €14,597 | +€4,080 | +38.8% |
| Distributable reserves | 133 | €84,952 | €117,441 | +€32,489 | +38.2% |
| Profit (loss) carried forward | 14 | €92,643 | €92,643 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,483 | €2,842 | +€1,360 | +91.7% |
| Deferred taxes | 168 | €1,483 | €2,842 | +€1,360 | +91.7% |
| Amounts payable | 17/49 | €53,369 | €73,576 | +€20,207 | +37.9% |
| Amounts payable after more than one year | 17 | €7,834 | €19,710 | +€11,877 | +152% |
| Financial debts | 170/4 | €7,834 | €19,710 | +€11,877 | +152% |
| Amounts payable within one year | 42/48 | €45,536 | €53,866 | +€8,330 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €4,586 | €9,605 | +€5,019 | +109% |
| Trade debts | 44 | €4,317 | €2,299 | -€2,017 | -46.7% |
| Suppliers | 440/4 | €4,317 | €2,299 | -€2,017 | -46.7% |
| Advances received on contracts in progress | 46 | €0 | €8,851 | +€8,851 | |
| Taxes, remuneration and social security | 45 | €5,445 | €6,996 | +€1,552 | +28.5% |
| Taxes | 450/3 | €2,416 | €1,692 | -€724 | -30.0% |
| Remuneration and social security | 454/9 | €3,029 | €5,304 | +€2,276 | +75.1% |
| Other amounts payable | 47/48 | €31,188 | €26,114 | -€5,074 | -16.3% |
| Non-recurring operating income | 76A | - | €8,600 | +€8,600 | |
| Remuneration, social security and pensions | 62 | €4,031 | €18,255 | +€14,224 | +353% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,324 | €21,379 | +€8,055 | +60.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,000 | +€1,000 | |
| Other operating charges | 640/8 | €971 | €1,266 | +€295 | +30.4% |
| Gross operating margin | 9900 | €99,941 | €100,537 | +€596 | +0.6% |
| Operating profit (loss) | 9901 | €81,615 | €58,637 | -€22,978 | -28.2% |
| Financial income | 75/76B | €1,345 | €1,210 | -€135 | -10.0% |
| Recurring financial income | 75 | €1,345 | €1,210 | -€135 | -10.0% |
| Financial charges | 65/66B | €1,064 | €1,576 | +€512 | +48.1% |
| Recurring financial charges | 65 | €1,064 | €1,576 | +€512 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | €81,896 | €58,272 | -€23,625 | -28.8% |
| Transfer from deferred taxes | 780 | - | €790 | +€790 | |
| Transfer to deferred taxes | 680 | - | €2,150 | +€2,150 | |
| Income taxes | 67/77 | €20,317 | €10,343 | -€9,974 | -49.1% |
| Profit (loss) for the period | 9904 | €61,579 | €46,568 | -€15,011 | -24.4% |
| Transfer from tax-exempt reserves | 789 | - | €2,370 | +€2,370 | |
| Transfer to tax-exempt reserves | 689 | - | €6,450 | +€6,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,579 | €42,489 | -€19,091 | -31.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.