LRM MANAGEMENT: 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.
LRM MANAGEMENT
Largest movements
- Cash +€4,710
up €4,710 (+104898.4%), from €4 to €4,714
mainly Other debts (+€9,920) and Trade debts (+€2,482)
- Deferred charges and accrued income +€3,310
new in 2025: €3,310
- Receivables within one year -€1,289
down €1,289 (-22.1%), from €5,826 to €4,538
of which Trade receivables: -€1,826
- Tangible fixed assets +€327
up €327 (+18.2%), from €1,800 to €2,127
- Other debts +€9,920
up €9,920 (+25.3%), from €39,140 to €49,060
- Tax, wage and social debts -€3,695
down €3,695 (-99.3%), from €3,721 to €26
of which Taxes: -€3,695
- Trade debts +€2,482
up €2,482 (+69.7%), from €3,560 to €6,042
- Profit (loss) carried forward -€1,646
down €1,646 (-3.8%), from -€42,792 to -€44,438
- Gross operating margin +€2,205
up €2,205, from -€1,531 to €674
- Financial charges +€1,155
up €1,155 (+3609.1%), from €32 to €1,187
- Depreciation +€775
up €775 (+1238.9%), from €63 to €838
- Other operating charges -€417
down €417 (-60.7%), from €687 to €270
- Financial income -€60
down €60 (-100.0%), from €60 to €0
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 | €7,631 | €14,689 | +€7,059 | +92.5% |
| Fixed assets | 21/28 | €1,800 | €2,127 | +€327 | +18.2% |
| Tangible fixed assets | 22/27 | €1,800 | €2,127 | +€327 | +18.2% |
| Furniture and vehicles | 24 | €1,800 | €2,127 | +€327 | +18.2% |
| Current assets | 29/58 | €5,831 | €12,562 | +€6,731 | +115.4% |
| Amounts receivable within one year | 40/41 | €5,826 | €4,538 | -€1,289 | -22.1% |
| Trade receivables | 40 | €5,826 | €4,000 | -€1,826 | -31.3% |
| Other amounts receivable | 41 | €0 | €538 | +€538 | |
| Cash at bank and in hand | 54/58 | €4 | €4,714 | +€4,710 | +104898.4% |
| Deferred charges and accrued income | 490/1 | - | €3,310 | +€3,310 | |
| Total equity and liabilities | 10/49 | €7,631 | €14,689 | +€7,059 | +92.5% |
| Equity | 10/15 | -€38,792 | -€40,438 | -€1,646 | -4.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,792 | -€44,438 | -€1,646 | -3.8% |
| Amounts payable | 17/49 | €46,423 | €55,128 | +€8,705 | +18.8% |
| Amounts payable within one year | 42/48 | €46,423 | €55,128 | +€8,705 | +18.8% |
| Financial debts | 43 | €2 | €0 | -€2 | -100.0% |
| Credit institutions | 430/8 | €2 | €0 | -€2 | -100.0% |
| Trade debts | 44 | €3,560 | €6,042 | +€2,482 | +69.7% |
| Suppliers | 440/4 | €3,560 | €6,042 | +€2,482 | +69.7% |
| Taxes, remuneration and social security | 45 | €3,721 | €26 | -€3,695 | -99.3% |
| Taxes | 450/3 | €3,721 | €26 | -€3,695 | -99.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €39,140 | €49,060 | +€9,920 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63 | €838 | +€775 | +1238.9% |
| Other operating charges | 640/8 | €687 | €270 | -€417 | -60.7% |
| Gross operating margin | 9900 | -€1,531 | €674 | +€2,205 | |
| Operating profit (loss) | 9901 | -€2,281 | -€433 | +€1,848 | +81.0% |
| Financial income | 75/76B | €60 | €0 | -€60 | -100.0% |
| Recurring financial income | 75 | €60 | €0 | -€60 | -100.0% |
| Financial charges | 65/66B | €32 | €1,187 | +€1,155 | +3609.1% |
| Recurring financial charges | 65 | €32 | €1,187 | +€1,155 | +3609.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,253 | -€1,620 | +€633 | +28.1% |
| Income taxes | 67/77 | - | €26 | +€26 | |
| Profit (loss) for the period | 9904 | -€2,253 | -€1,646 | +€607 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,253 | -€1,646 | +€607 | +26.9% |
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 6 October 2026 via checked.be.