LRB CONSTRUCTION: what changed
LRB CONSTRUCTION
Largest movements
- Receivables within one year +€10,454
up €10,454 (+82.9%), from €12,609 to €23,062
of which Trade receivables: +€6,881
- Cash +€9,849
up €9,849 (+335%), from €2,942 to €12,791
mainly Net result for the year (+€20,714) and Tax, wage and social debts (+€4,531)
- Formation expenses -€618
down €618 (-55.1%), from €1,121 to €503
- Reserves +€20,000
up €20,000 (+667%), from €3,000 to €23,000
- Tax, wage and social debts +€4,531
up €4,531 (+543%), from €834 to €5,364
of which Taxes: +€3,868
- Other debts -€3,115
no longer reported in 2025 (was €3,115)
- Trade debts -€2,444
down €2,444 (-32.8%), from €7,460 to €5,016
- Profit (loss) carried forward +€714
up €714 (+272%), from €262 to €976
- Gross operating margin +€25,607
up €25,607 (+258%), from €9,906 to €35,514
- Staff costs +€6,297
up €6,297 (+262%), from €2,404 to €8,701
- Taxes +€4,467
up €4,467 (+490%), from €912 to €5,379
- Depreciation +€503
up €503 (+437%), from €115 to €618
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 | €16,671 | €36,356 | +€19,685 | +118% |
| Formation expenses | 20 | €1,121 | €503 | -€618 | -55.1% |
| Current assets | 29/58 | €15,551 | €35,854 | +€20,303 | +131% |
| Amounts receivable within one year | 40/41 | €12,609 | €23,062 | +€10,454 | +82.9% |
| Trade receivables | 40 | €7,079 | €13,959 | +€6,881 | +97.2% |
| Other amounts receivable | 41 | €5,530 | €9,103 | +€3,573 | +64.6% |
| Cash at bank and in hand | 54/58 | €2,942 | €12,791 | +€9,849 | +335% |
| Total equity and liabilities | 10/49 | €16,671 | €36,356 | +€19,685 | +118% |
| Equity | 10/15 | €5,262 | €25,976 | +€20,714 | +394% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €23,000 | +€20,000 | +667% |
| Distributable reserves | 133 | €3,000 | €23,000 | +€20,000 | +667% |
| Profit (loss) carried forward | 14 | €262 | €976 | +€714 | +272% |
| Amounts payable | 17/49 | €11,409 | €10,380 | -€1,029 | -9.0% |
| Amounts payable within one year | 42/48 | €11,409 | €10,380 | -€1,029 | -9.0% |
| Trade debts | 44 | €7,460 | €5,016 | -€2,444 | -32.8% |
| Suppliers | 440/4 | €7,460 | €5,016 | -€2,444 | -32.8% |
| Taxes, remuneration and social security | 45 | €834 | €5,364 | +€4,531 | +543% |
| Taxes | 450/3 | €834 | €4,702 | +€3,868 | +464% |
| Remuneration and social security | 454/9 | - | €662 | +€662 | |
| Other amounts payable | 47/48 | €3,115 | - | -€3,115 | |
| Remuneration, social security and pensions | 62 | €2,404 | €8,701 | +€6,297 | +262% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115 | €618 | +€503 | +437% |
| Other operating charges | 640/8 | €149 | - | -€149 | |
| Gross operating margin | 9900 | €9,906 | €35,514 | +€25,607 | +258% |
| Operating profit (loss) | 9901 | €7,238 | €26,195 | +€18,957 | +262% |
| Financial charges | 65/66B | €65 | €102 | +€37 | +57.8% |
| Recurring financial charges | 65 | €65 | €102 | +€37 | +57.8% |
| Profit (loss) for the period before taxes | 9903 | €7,174 | €26,093 | +€18,919 | +264% |
| Income taxes | 67/77 | €912 | €5,379 | +€4,467 | +490% |
| Profit (loss) for the period | 9904 | €6,262 | €20,714 | +€14,452 | +231% |
| Profit (loss) for the period to be appropriated | 9905 | €6,262 | €20,714 | +€14,452 | +231% |
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 2 November 2026 via checked.be.