LR Technologies Belgium: 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 Technologies Belgium
Largest movements
- Cash -€50,442
down €50,442 (-73.7%), from €68,456 to €18,014
mainly Net result for the year (-€110,980) and Tax, wage and social debts (-€18,292)
- Receivables within one year -€38,633
down €38,633 (-70.3%), from €54,993 to €16,360
of which Trade receivables: -€27,198
- Profit (loss) carried forward -€110,980
down €110,980 (-46.5%), from -€238,791 to -€349,770
- Other debts +€42,097
new in 2025: €42,097
- Tax, wage and social debts -€18,292
down €18,292 (-55.9%), from €32,705 to €14,414
of which Remuneration and social security: -€15,588
- Trade debts -€2,279
down €2,279 (-6.8%), from €33,470 to €31,191
- Gross operating margin -€183,391
down €183,391, from €122,114 to -€61,277
- Staff costs -€108,645
down €108,645 (-70.1%), from €154,975 to €46,329
- Write-downs -€16,150
no longer reported in 2025 (was €16,150)
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 | €128,884 | €39,431 | -€89,453 | -69.4% |
| Fixed assets | 21/28 | €5,057 | €5,057 | = | 0.0% |
| Financial fixed assets | 28 | €5,057 | €5,057 | = | 0.0% |
| Current assets | 29/58 | €123,827 | €34,374 | -€89,453 | -72.2% |
| Amounts receivable within one year | 40/41 | €54,993 | €16,360 | -€38,633 | -70.3% |
| Trade receivables | 40 | €39,632 | €12,434 | -€27,198 | -68.6% |
| Other amounts receivable | 41 | €15,361 | €3,926 | -€11,435 | -74.4% |
| Cash at bank and in hand | 54/58 | €68,456 | €18,014 | -€50,442 | -73.7% |
| Deferred charges and accrued income | 490/1 | €378 | - | -€378 | |
| Total equity and liabilities | 10/49 | €128,884 | €39,431 | -€89,453 | -69.4% |
| Equity | 10/15 | €62,709 | -€48,270 | -€110,980 | |
| Contributions | 10/11 | €301,500 | €301,500 | = | 0.0% |
| Capital | 10 | €301,500 | €301,500 | = | 0.0% |
| Issued capital | 100 | €301,500 | €301,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€238,791 | -€349,770 | -€110,980 | -46.5% |
| Amounts payable | 17/49 | €66,175 | €87,702 | +€21,527 | +32.5% |
| Amounts payable within one year | 42/48 | €66,175 | €87,702 | +€21,527 | +32.5% |
| Trade debts | 44 | €33,470 | €31,191 | -€2,279 | -6.8% |
| Suppliers | 440/4 | €33,470 | €31,191 | -€2,279 | -6.8% |
| Taxes, remuneration and social security | 45 | €32,705 | €14,414 | -€18,292 | -55.9% |
| Taxes | 450/3 | €4,459 | €1,756 | -€2,703 | -60.6% |
| Remuneration and social security | 454/9 | €28,246 | €12,658 | -€15,588 | -55.2% |
| Other amounts payable | 47/48 | - | €42,097 | +€42,097 | |
| Remuneration, social security and pensions | 62 | €154,975 | €46,329 | -€108,645 | -70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77 | - | -€77 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,150 | - | -€16,150 | |
| Other operating charges | 640/8 | €1,221 | - | -€1,221 | |
| Gross operating margin | 9900 | €122,114 | -€61,277 | -€183,391 | |
| Operating profit (loss) | 9901 | -€50,308 | -€107,607 | -€57,298 | -114% |
| Financial charges | 65/66B | €3,080 | €3,197 | +€116 | +3.8% |
| Recurring financial charges | 65 | €3,080 | €3,197 | +€116 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€53,389 | -€110,803 | -€57,415 | -108% |
| Income taxes | 67/77 | - | €176 | +€176 | |
| Profit (loss) for the period | 9904 | -€53,389 | -€110,980 | -€57,591 | -108% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,389 | -€110,980 | -€57,591 | -108% |
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 30 October 2026 via checked.be.