LR EXPRESS: 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.
LR EXPRESS
Largest movements
- Tangible fixed assets +€17,338
up €17,338 (+32.4%), from €53,458 to €70,795
of which Leasing and similar rights: +€29,305
- Receivables within one year +€10,387
up €10,387 (+73.3%), from €14,177 to €24,563
of which Other amounts receivable: +€9,270
- Debts after one year +€19,839
up €19,839 (+77.7%), from €25,528 to €45,366
- Current portion of long-term debt +€8,982
up €8,982 (+103.1%), from €8,716 to €17,699
- Profit (loss) carried forward -€2,826
down €2,826 (-24.6%), from €11,471 to €8,645
- Gross operating margin +€14,363
up €14,363 (+203.7%), from €7,053 to €21,416
- Depreciation +€4,598
up €4,598 (+32.4%), from €14,205 to €18,803
- Other operating charges +€1,436
up €1,436 (+95.3%), from €1,507 to €2,943
- Taxes +€1,339
up €1,339 (+308.9%), from €434 to €1,773
- Financial charges +€634
up €634 (+505.2%), from €126 to €760
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,698 | €97,673 | +€26,975 | +38.2% |
| Fixed assets | 21/28 | €53,458 | €70,795 | +€17,338 | +32.4% |
| Tangible fixed assets | 22/27 | €53,458 | €70,795 | +€17,338 | +32.4% |
| Plant, machinery and equipment | 23 | €1,643 | €1,701 | +€57 | +3.5% |
| Furniture and vehicles | 24 | €17,475 | €5,450 | -€12,025 | -68.8% |
| Leasing and similar rights | 25 | €34,339 | €63,645 | +€29,305 | +85.3% |
| Current assets | 29/58 | €17,240 | €26,878 | +€9,637 | +55.9% |
| Amounts receivable within one year | 40/41 | €14,177 | €24,563 | +€10,387 | +73.3% |
| Trade receivables | 40 | €12,923 | €14,040 | +€1,116 | +8.6% |
| Other amounts receivable | 41 | €1,253 | €10,524 | +€9,270 | +739.7% |
| Cash at bank and in hand | 54/58 | €3,063 | €2,314 | -€749 | -24.5% |
| Total equity and liabilities | 10/49 | €70,698 | €97,673 | +€26,975 | +38.2% |
| Equity | 10/15 | €21,471 | €18,645 | -€2,826 | -13.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,471 | €8,645 | -€2,826 | -24.6% |
| Amounts payable | 17/49 | €49,226 | €79,028 | +€29,802 | +60.5% |
| Amounts payable after more than one year | 17 | €25,528 | €45,366 | +€19,839 | +77.7% |
| Financial debts | 170/4 | €25,528 | €45,366 | +€19,839 | +77.7% |
| Amounts payable within one year | 42/48 | €23,699 | €33,661 | +€9,963 | +42.0% |
| Current portion of amounts payable after more than one year | 42 | €8,716 | €17,699 | +€8,982 | +103.1% |
| Trade debts | 44 | €6,931 | €7,822 | +€891 | +12.9% |
| Suppliers | 440/4 | €6,931 | €7,822 | +€891 | +12.9% |
| Taxes, remuneration and social security | 45 | €8,051 | €8,141 | +€90 | +1.1% |
| Taxes | 450/3 | €8,051 | €8,141 | +€90 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,205 | €18,803 | +€4,598 | +32.4% |
| Other operating charges | 640/8 | €1,507 | €2,943 | +€1,436 | +95.3% |
| Gross operating margin | 9900 | €7,053 | €21,416 | +€14,363 | +203.7% |
| Operating profit (loss) | 9901 | -€8,660 | -€331 | +€8,329 | +96.2% |
| Financial income | 75/76B | €80 | €37 | -€44 | -54.6% |
| Recurring financial income | 75 | €80 | €37 | -€44 | -54.6% |
| Financial charges | 65/66B | €126 | €760 | +€634 | +505.2% |
| Recurring financial charges | 65 | €126 | €760 | +€634 | +505.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,705 | -€1,054 | +€7,651 | +87.9% |
| Income taxes | 67/77 | €434 | €1,773 | +€1,339 | +308.9% |
| Profit (loss) for the period | 9904 | -€9,138 | -€2,826 | +€6,312 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,138 | -€2,826 | +€6,312 | +69.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.