LS CORP: 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.
LS CORP
Largest movements
- Cash +€43,053
up €43,053 (+80.2%), from €53,709 to €96,761
mainly Provisions (+€40,116) and Receivables within one year (+€23,236)
- Receivables within one year -€23,236
down €23,236 (-46.2%), from €50,324 to €27,088
of which Trade receivables: -€26,728
- Deferred charges and accrued income +€5,522
up €5,522 (+219.7%), from €2,513 to €8,035
- Tangible fixed assets +€1,831
up €1,831 (+26.9%), from €6,809 to €8,640
of which Furniture and vehicles: +€1,350
- Provisions +€40,116
new in 2025: €40,116
- Trade debts -€6,628
down €6,628 (-81.6%), from €8,127 to €1,499
- Tax, wage and social debts -€2,961
down €2,961 (-29.6%), from €10,013 to €7,051
of which Taxes: -€5,161
- Other debts -€2,246
down €2,246 (-100.0%), from €2,246 to €0
- Provisions +€40,116
new in 2025: €40,116
- Gross operating margin -€22,833
down €22,833 (-28.2%), from €80,915 to €58,082
- Taxes -€4,518
down €4,518 (-26.5%), from €17,021 to €12,503
- Financial charges +€3,482
up €3,482 (+3987.5%), from €87 to €3,569
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 | €113,354 | €140,525 | +€27,170 | +24.0% |
| Fixed assets | 21/28 | €6,809 | €8,640 | +€1,831 | +26.9% |
| Tangible fixed assets | 22/27 | €6,809 | €8,640 | +€1,831 | +26.9% |
| Plant, machinery and equipment | 23 | €1,184 | €865 | -€319 | -26.9% |
| Furniture and vehicles | 24 | €5,624 | €6,974 | +€1,350 | +24.0% |
| Other tangible fixed assets | 26 | - | €800 | +€800 | |
| Current assets | 29/58 | €106,546 | €131,885 | +€25,339 | +23.8% |
| Amounts receivable within one year | 40/41 | €50,324 | €27,088 | -€23,236 | -46.2% |
| Trade receivables | 40 | €50,288 | €23,561 | -€26,728 | -53.1% |
| Other amounts receivable | 41 | €36 | €3,528 | +€3,492 | +9642.9% |
| Cash at bank and in hand | 54/58 | €53,709 | €96,761 | +€43,053 | +80.2% |
| Deferred charges and accrued income | 490/1 | €2,513 | €8,035 | +€5,522 | +219.7% |
| Total equity and liabilities | 10/49 | €113,354 | €140,525 | +€27,170 | +24.0% |
| Equity | 10/15 | €92,969 | €91,858 | -€1,110 | -1.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,969 | €88,858 | -€1,110 | -1.2% |
| Provisions and deferred taxes | 16 | - | €40,116 | +€40,116 | |
| Provisions for liabilities and charges | 160/5 | - | €40,116 | +€40,116 | |
| Other liabilities and charges | 164/5 | - | €40,116 | +€40,116 | |
| Amounts payable | 17/49 | €20,386 | €8,551 | -€11,835 | -58.1% |
| Amounts payable within one year | 42/48 | €20,386 | €8,551 | -€11,835 | -58.1% |
| Trade debts | 44 | €8,127 | €1,499 | -€6,628 | -81.6% |
| Suppliers | 440/4 | €8,127 | €1,499 | -€6,628 | -81.6% |
| Taxes, remuneration and social security | 45 | €10,013 | €7,051 | -€2,961 | -29.6% |
| Taxes | 450/3 | €10,013 | €4,851 | -€5,161 | -51.5% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €2,246 | €0 | -€2,246 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,507 | €2,986 | +€479 | +19.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €40,116 | +€40,116 | |
| Other operating charges | 640/8 | €0 | €52 | +€52 | |
| Gross operating margin | 9900 | €80,915 | €58,082 | -€22,833 | -28.2% |
| Operating profit (loss) | 9901 | €78,408 | €14,928 | -€63,480 | -81.0% |
| Financial income | 75/76B | €12 | €34 | +€22 | +179.1% |
| Recurring financial income | 75 | €12 | €34 | +€22 | +179.1% |
| Financial charges | 65/66B | €87 | €3,569 | +€3,482 | +3987.5% |
| Recurring financial charges | 65 | €87 | €3,569 | +€3,482 | +3987.5% |
| Profit (loss) for the period before taxes | 9903 | €78,333 | €11,393 | -€66,940 | -85.5% |
| Income taxes | 67/77 | €17,021 | €12,503 | -€4,518 | -26.5% |
| Profit (loss) for the period | 9904 | €61,312 | -€1,110 | -€62,422 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,312 | -€1,110 | -€62,422 |
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 1 October 2026 via checked.be.