LRSB: 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.
LRSB
Largest movements
- Receivables within one year +€11,588
up €11,588 (+55.5%), from €20,870 to €32,459
of which Other amounts receivable: +€9,900
- Cash -€5,332
down €5,332 (-98.4%), from €5,420 to €88
mainly Receivables within one year (-€11,588) and Other debts (-€2,845)
- Trade debts +€3,878
up €3,878 (+47.3%), from €8,198 to €12,077
- Reserves +€3,780
up €3,780 (+99.6%), from €3,794 to €7,574
- Other debts -€2,845
no longer reported in 2025 (was €2,845)
- Tax, wage and social debts +€1,443
up €1,443 (+99.4%), from €1,453 to €2,896
- Gross operating margin -€1,058
down €1,058 (-16.4%), from €6,462 to €5,404
- Other operating charges -€498
down €498 (-80.6%), from €618 to €120
- Taxes +€323
up €323 (+25.1%), from €1,287 to €1,609
- Financial income +€306
new in 2025: €306
- Financial charges -€164
down €164 (-45.0%), from €365 to €201
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 | €26,291 | €32,547 | +€6,256 | +23.8% |
| Current assets | 29/58 | €26,291 | €32,547 | +€6,256 | +23.8% |
| Amounts receivable within one year | 40/41 | €20,870 | €32,459 | +€11,588 | +55.5% |
| Trade receivables | 40 | €17,368 | €19,056 | +€1,688 | +9.7% |
| Other amounts receivable | 41 | €3,503 | €13,403 | +€9,900 | +282.6% |
| Cash at bank and in hand | 54/58 | €5,420 | €88 | -€5,332 | -98.4% |
| Total equity and liabilities | 10/49 | €26,291 | €32,547 | +€6,256 | +23.8% |
| Equity | 10/15 | €13,794 | €17,574 | +€3,780 | +27.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €3,794 | €7,574 | +€3,780 | +99.6% |
| Distributable reserves | 133 | €3,794 | €7,574 | +€3,780 | +99.6% |
| Amounts payable | 17/49 | €12,496 | €14,973 | +€2,476 | +19.8% |
| Amounts payable within one year | 42/48 | €12,496 | €14,973 | +€2,476 | +19.8% |
| Trade debts | 44 | €8,198 | €12,077 | +€3,878 | +47.3% |
| Suppliers | 440/4 | €8,198 | €12,077 | +€3,878 | +47.3% |
| Taxes, remuneration and social security | 45 | €1,453 | €2,896 | +€1,443 | +99.4% |
| Taxes | 450/3 | €1,453 | €2,896 | +€1,443 | +99.4% |
| Other amounts payable | 47/48 | €2,845 | - | -€2,845 | |
| Other operating charges | 640/8 | €618 | €120 | -€498 | -80.6% |
| Gross operating margin | 9900 | €6,462 | €5,404 | -€1,058 | -16.4% |
| Operating profit (loss) | 9901 | €5,844 | €5,284 | -€560 | -9.6% |
| Financial income | 75/76B | - | €306 | +€306 | |
| Recurring financial income | 75 | - | €306 | +€306 | |
| Financial charges | 65/66B | €365 | €201 | -€164 | -45.0% |
| Recurring financial charges | 65 | €365 | €201 | -€164 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €5,479 | €5,389 | -€90 | -1.6% |
| Income taxes | 67/77 | €1,287 | €1,609 | +€323 | +25.1% |
| Profit (loss) for the period | 9904 | €4,192 | €3,780 | -€413 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,192 | €3,780 | -€413 | -9.8% |
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.