LS COMPANY: what changed
Two financial 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.
LS COMPANY
Largest movements
- Stocks and contracts +€184,553
up €184,553 (+57.8%), from €319,362 to €503,915
- Cash -€34,486
down €34,486 (-87.0%), from €39,617 to €5,132
mainly Stocks and contracts (-€184,553) and Net result for the year (-€96,987)
- Receivables within one year -€5,729
down €5,729 (-46.6%), from €12,288 to €6,560
of which Trade receivables: -€5,013
- Debts after one year +€126,678
new in 2025: €126,678
- Other debts +€98,308
up €98,308 (+30.8%), from €319,176 to €417,483
- Profit (loss) carried forward -€96,987
down €96,987 (-2,077%), from -€4,669 to -€101,656
- Current portion of long-term debt +€10,732
up €10,732 (+489%), from €2,195 to €12,927
- Gross operating margin -€36,533
down €36,533 (-150%), from -€24,387 to -€60,919
- Financial income -€7,530
down €7,530 (-99.0%), from €7,608 to €79
of which Non-recurring financial income: -€7,560
- Financial charges +€7,197
up €7,197 (+218%), from €3,297 to €10,495
- Depreciation -€3,396
down €3,396 (-36.6%), from €9,286 to €5,890
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.
Derived cash bridge
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 | €411,413 | €550,685 | +€139,272 | +33.9% |
| Fixed assets | 21/28 | €38,164 | €33,374 | -€4,790 | -12.6% |
| Tangible fixed assets | 22/27 | €37,914 | €33,267 | -€4,646 | -12.3% |
| Land and buildings | 22 | €14,006 | - | -€14,006 | |
| Plant, machinery and equipment | 23 | €5,937 | €4,036 | -€1,902 | -32.0% |
| Furniture and vehicles | 24 | €17,970 | €29,232 | +€11,261 | +62.7% |
| Financial fixed assets | 28 | €250 | €106 | -€144 | -57.4% |
| Current assets | 29/58 | €373,249 | €517,311 | +€144,062 | +38.6% |
| Stocks and contracts in progress | 3 | €319,362 | €503,915 | +€184,553 | +57.8% |
| Stocks | 30/36 | €319,362 | €503,915 | +€184,553 | +57.8% |
| Amounts receivable within one year | 40/41 | €12,288 | €6,560 | -€5,729 | -46.6% |
| Trade receivables | 40 | €5,013 | - | -€5,013 | |
| Other amounts receivable | 41 | €7,276 | €6,560 | -€716 | -9.8% |
| Cash at bank and in hand | 54/58 | €39,617 | €5,132 | -€34,486 | -87.0% |
| Deferred charges and accrued income | 490/1 | €1,982 | €1,705 | -€277 | -14.0% |
| Total equity and liabilities | 10/49 | €411,413 | €550,685 | +€139,272 | +33.9% |
| Equity | 10/15 | €80,254 | -€16,733 | -€96,987 | |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €4,923 | €4,923 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,923 | €4,923 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,923 | €4,923 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,669 | -€101,656 | -€96,987 | -2,077% |
| Amounts payable | 17/49 | €331,159 | €567,418 | +€236,259 | +71.3% |
| Amounts payable after more than one year | 17 | - | €126,678 | +€126,678 | |
| Financial debts | 170/4 | - | €126,678 | +€126,678 | |
| Amounts payable within one year | 42/48 | €331,159 | €440,740 | +€109,581 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €2,195 | €12,927 | +€10,732 | +489% |
| Trade debts | 44 | €6,690 | €7,490 | +€800 | +12.0% |
| Suppliers | 440/4 | €6,690 | €7,490 | +€800 | +12.0% |
| Taxes, remuneration and social security | 45 | €3,098 | €2,840 | -€258 | -8.3% |
| Taxes | 450/3 | €848 | €590 | -€258 | -30.5% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €319,176 | €417,483 | +€98,308 | +30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,286 | €5,890 | -€3,396 | -36.6% |
| Other operating charges | 640/8 | €294 | €344 | +€50 | +17.2% |
| Non-recurring operating charges | 66A | - | €19,328 | +€19,328 | |
| Gross operating margin | 9900 | -€24,387 | -€60,919 | -€36,533 | -150% |
| Operating profit (loss) | 9901 | -€33,967 | -€86,481 | -€52,514 | -155% |
| Financial income | 75/76B | €7,608 | €79 | -€7,530 | -99.0% |
| Recurring financial income | 75 | €48 | €79 | +€30 | +62.2% |
| Non-recurring financial income | 76B | €7,560 | - | -€7,560 | |
| Financial charges | 65/66B | €3,297 | €10,495 | +€7,197 | +218% |
| Recurring financial charges | 65 | €3,297 | €10,495 | +€7,197 | +218% |
| Profit (loss) for the period before taxes | 9903 | -€29,656 | -€96,897 | -€67,242 | -227% |
| Income taxes | 67/77 | €131 | €90 | -€41 | -31.5% |
| Profit (loss) for the period | 9904 | -€29,787 | -€96,987 | -€67,200 | -226% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,787 | -€96,987 | -€67,200 | -226% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.