LR-TECH: what changed
LR-TECH
Largest movements
- Cash -€6,883
down €6,883 (-32.3%), from €21,296 to €14,413
mainly Investment in fixed assets (net) (-€5,094) and Receivables within one year (-€3,087)
- Tangible fixed assets +€4,665
new in 2025: €4,665
- Receivables within one year +€3,087
new in 2025: €3,087
of which Trade receivables: +€3,013
- Profit (loss) carried forward +€3,466
up €3,466 (+54.2%), from -€6,393 to -€2,927
- Tax, wage and social debts -€2,689
no longer reported in 2025 (was €2,689)
- Gross operating margin -€1,835
down €1,835 (-27.9%), from €6,571 to €4,736
- Other operating charges +€787
new in 2025: €787
- Depreciation +€395
up €395 (+1,165%), from €34 to €429
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,296 | €22,166 | +€869 | +4.1% |
| Fixed assets | 21/28 | - | €4,665 | +€4,665 | |
| Tangible fixed assets | 22/27 | - | €4,665 | +€4,665 | |
| Plant, machinery and equipment | 23 | - | €4,665 | +€4,665 | |
| Current assets | 29/58 | €21,296 | €17,501 | -€3,796 | -17.8% |
| Amounts receivable within one year | 40/41 | - | €3,087 | +€3,087 | |
| Trade receivables | 40 | - | €3,013 | +€3,013 | |
| Other amounts receivable | 41 | - | €75 | +€75 | |
| Cash at bank and in hand | 54/58 | €21,296 | €14,413 | -€6,883 | -32.3% |
| Total equity and liabilities | 10/49 | €21,296 | €22,166 | +€869 | +4.1% |
| Equity | 10/15 | €18,607 | €22,073 | +€3,466 | +18.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,393 | -€2,927 | +€3,466 | +54.2% |
| Amounts payable | 17/49 | €2,689 | €92 | -€2,597 | -96.6% |
| Amounts payable within one year | 42/48 | €2,689 | €92 | -€2,597 | -96.6% |
| Trade debts | 44 | - | €92 | +€92 | |
| Suppliers | 440/4 | - | €92 | +€92 | |
| Taxes, remuneration and social security | 45 | €2,689 | - | -€2,689 | |
| Taxes | 450/3 | €2,689 | - | -€2,689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34 | €429 | +€395 | +1,165% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | €6,571 | €4,736 | -€1,835 | -27.9% |
| Operating profit (loss) | 9901 | €6,538 | €3,520 | -€3,017 | -46.2% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €6,484 | €3,466 | -€3,017 | -46.5% |
| Profit (loss) for the period | 9904 | €6,484 | €3,466 | -€3,017 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,484 | €3,466 | -€3,017 | -46.5% |
Next steps
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.