LRY: 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.
LRY
Largest movements
- Receivables within one year +€13,032
up €13,032 (+236.8%), from €5,504 to €18,537
of which Trade receivables: +€7,260
- Tangible fixed assets -€12,830
down €12,830 (-28.1%), from €45,712 to €32,882
- Cash -€9,396
down €9,396 (-42.1%), from €22,298 to €12,902
mainly Debts after one year (-€16,003) and Receivables within one year (-€13,032)
- Debts after one year -€16,003
down €16,003 (-35.7%), from €44,783 to €28,780
- Tax, wage and social debts +€3,188
up €3,188 (+98.4%), from €3,239 to €6,427
of which Taxes: +€1,838
- Profit (loss) carried forward +€2,371
up €2,371 (+54.2%), from €4,373 to €6,744
- Current portion of long-term debt +€884
up €884 (+5.9%), from €15,119 to €16,003
- Gross operating margin -€22,556
down €22,556 (-51.9%), from €43,469 to €20,913
- Other operating charges -€9,669
down €9,669 (-93.4%), from €10,353 to €684
- Depreciation -€5,609
down €5,609 (-30.4%), from €18,439 to €12,830
- Financial charges -€3,534
down €3,534 (-53.4%), from €6,613 to €3,079
- Taxes -€1,743
down €1,743 (-47.2%), from €3,692 to €1,949
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 | €73,514 | €64,320 | -€9,194 | -12.5% |
| Fixed assets | 21/28 | €45,712 | €32,882 | -€12,830 | -28.1% |
| Tangible fixed assets | 22/27 | €45,712 | €32,882 | -€12,830 | -28.1% |
| Furniture and vehicles | 24 | €45,712 | €32,882 | -€12,830 | -28.1% |
| Current assets | 29/58 | €27,802 | €31,439 | +€3,637 | +13.1% |
| Amounts receivable within one year | 40/41 | €5,504 | €18,537 | +€13,032 | +236.8% |
| Trade receivables | 40 | - | €7,260 | +€7,260 | |
| Other amounts receivable | 41 | €5,504 | €11,277 | +€5,772 | +104.9% |
| Cash at bank and in hand | 54/58 | €22,298 | €12,902 | -€9,396 | -42.1% |
| Total equity and liabilities | 10/49 | €73,514 | €64,320 | -€9,194 | -12.5% |
| Equity | 10/15 | €10,373 | €12,744 | +€2,371 | +22.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Other | 1109/19 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,373 | €6,744 | +€2,371 | +54.2% |
| Amounts payable | 17/49 | €63,141 | €51,577 | -€11,565 | -18.3% |
| Amounts payable after more than one year | 17 | €44,783 | €28,780 | -€16,003 | -35.7% |
| Financial debts | 170/4 | €44,783 | €28,780 | -€16,003 | -35.7% |
| Amounts payable within one year | 42/48 | €18,358 | €22,797 | +€4,439 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €15,119 | €16,003 | +€884 | +5.9% |
| Trade debts | 44 | - | €366 | +€366 | |
| Suppliers | 440/4 | - | €366 | +€366 | |
| Taxes, remuneration and social security | 45 | €3,239 | €6,427 | +€3,188 | +98.4% |
| Taxes | 450/3 | €3,239 | €5,077 | +€1,838 | +56.8% |
| Remuneration and social security | 454/9 | - | €1,350 | +€1,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,439 | €12,830 | -€5,609 | -30.4% |
| Other operating charges | 640/8 | €10,353 | €684 | -€9,669 | -93.4% |
| Gross operating margin | 9900 | €43,469 | €20,913 | -€22,556 | -51.9% |
| Operating profit (loss) | 9901 | €14,677 | €7,399 | -€7,278 | -49.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,613 | €3,079 | -€3,534 | -53.4% |
| Recurring financial charges | 65 | €6,613 | €3,079 | -€3,534 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €8,064 | €4,320 | -€3,745 | -46.4% |
| Income taxes | 67/77 | €3,692 | €1,949 | -€1,743 | -47.2% |
| Profit (loss) for the period | 9904 | €4,373 | €2,371 | -€2,002 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,373 | €2,371 | -€2,002 | -45.8% |
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 2 October 2026 via checked.be.