LR3: 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.
LR3
Largest movements
- Cash +€12,066
up €12,066 (+36.3%), from €33,256 to €45,322
mainly Net result for the year (+€134,910) and Other debts (+€60,172)
- Receivables within one year +€3,390
up €3,390 (+3.1%), from €108,721 to €112,110
of which Other amounts receivable: +€34,460
- Other debts +€60,172
up €60,172 (+115.9%), from €51,921 to €112,093
- Profit (loss) carried forward -€40,090
down €40,090 (-29.4%), from €136,226 to €96,136
- Short-term financial debts +€5,061
up €5,061, from €0 to €5,061
- Current portion of long-term debt -€4,281
down €4,281 (-74.8%), from €5,722 to €1,442
- Tax, wage and social debts -€4,127
down €4,127 (-11.8%), from €34,856 to €30,729
of which Taxes: -€3,561
- Gross operating margin +€20,028
up €20,028 (+13.0%), from €154,061 to €174,089
- Taxes +€16,662
up €16,662 (+60.1%), from €27,715 to €44,377
- Financial income +€10,148
up €10,148 (+202554.9%), from €5 to €10,153
of which Non-recurring financial income: +€8,693
- Depreciation -€6,704
down €6,704 (-75.4%), from €8,892 to €2,188
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.
Cash bridge derived
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 | €231,634 | €247,778 | +€16,145 | +7.0% |
| Fixed assets | 21/28 | €89,193 | €89,220 | +€27 | 0.0% |
| Tangible fixed assets | 22/27 | €5,443 | €5,470 | +€27 | +0.5% |
| Furniture and vehicles | 24 | €2,024 | €921 | -€1,102 | -54.5% |
| Other tangible fixed assets | 26 | €3,420 | €4,549 | +€1,129 | +33.0% |
| Financial fixed assets | 28 | €83,750 | €83,750 | = | 0.0% |
| Current assets | 29/58 | €142,440 | €158,558 | +€16,118 | +11.3% |
| Amounts receivable within one year | 40/41 | €108,721 | €112,110 | +€3,390 | +3.1% |
| Trade receivables | 40 | €88,721 | €57,650 | -€31,070 | -35.0% |
| Other amounts receivable | 41 | €20,000 | €54,460 | +€34,460 | +172.3% |
| Cash at bank and in hand | 54/58 | €33,256 | €45,322 | +€12,066 | +36.3% |
| Deferred charges and accrued income | 490/1 | €464 | €1,126 | +€662 | +142.7% |
| Total equity and liabilities | 10/49 | €231,634 | €247,778 | +€16,145 | +7.0% |
| Equity | 10/15 | €137,226 | €97,136 | -€40,090 | -29.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,226 | €96,136 | -€40,090 | -29.4% |
| Amounts payable | 17/49 | €94,407 | €150,642 | +€56,235 | +59.6% |
| Amounts payable after more than one year | 17 | €1,442 | €0 | -€1,442 | -100.0% |
| Financial debts | 170/4 | €1,442 | €0 | -€1,442 | -100.0% |
| Amounts payable within one year | 42/48 | €92,966 | €150,642 | +€57,677 | +62.0% |
| Current portion of amounts payable after more than one year | 42 | €5,722 | €1,442 | -€4,281 | -74.8% |
| Financial debts | 43 | €0 | €5,061 | +€5,061 | |
| Credit institutions | 430/8 | €0 | €5,061 | +€5,061 | |
| Trade debts | 44 | €466 | €1,317 | +€851 | +182.5% |
| Suppliers | 440/4 | €466 | €1,317 | +€851 | +182.5% |
| Taxes, remuneration and social security | 45 | €34,856 | €30,729 | -€4,127 | -11.8% |
| Taxes | 450/3 | €34,290 | €30,729 | -€3,561 | -10.4% |
| Remuneration and social security | 454/9 | €567 | €0 | -€567 | -100.0% |
| Other amounts payable | 47/48 | €51,921 | €112,093 | +€60,172 | +115.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,892 | €2,188 | -€6,704 | -75.4% |
| Other operating charges | 640/8 | €783 | €641 | -€142 | -18.1% |
| Gross operating margin | 9900 | €154,061 | €174,089 | +€20,028 | +13.0% |
| Operating profit (loss) | 9901 | €144,385 | €171,259 | +€26,874 | +18.6% |
| Financial income | 75/76B | €5 | €10,153 | +€10,148 | +202554.9% |
| Recurring financial income | 75 | €5 | €1,460 | +€1,455 | +29044.7% |
| Non-recurring financial income | 76B | - | €8,693 | +€8,693 | |
| Financial charges | 65/66B | €1,471 | €2,126 | +€655 | +44.5% |
| Recurring financial charges | 65 | €1,471 | €2,126 | +€655 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €142,919 | €179,286 | +€36,367 | +25.4% |
| Income taxes | 67/77 | €27,715 | €44,377 | +€16,662 | +60.1% |
| Profit (loss) for the period | 9904 | €115,204 | €134,910 | +€19,706 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €115,204 | €134,910 | +€19,706 | +17.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.