LS DECO CONCEPT: 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 DECO CONCEPT
Largest movements
- Receivables within one year +€24,463
up €24,463 (+70.9%), from €34,492 to €58,955
of which Trade receivables: +€24,250
- Cash +€14,474
up €14,474 (+11,675%), from €124 to €14,598
mainly Accrued charges and deferred income (+€63,215) and Net result for the year (+€11,762)
- Tangible fixed assets +€8,786
up €8,786 (+832%), from €1,056 to €9,842
of which Furniture and vehicles: +€9,164
- Deferred charges and accrued income +€8,092
up €8,092 (+3,460%), from €234 to €8,326
- Accrued charges and deferred income +€63,215
new in 2025: €63,215
- Other debts -€20,727
down €20,727 (-96.8%), from €21,407 to €680
- Reserves +€11,050
up €11,050 (+662%), from €1,670 to €12,721
- Trade debts +€1,846
up €1,846 (+22.2%), from €8,313 to €10,159
- Gross operating margin +€6,692
up €6,692 (+72.0%), from €9,300 to €15,992
- Depreciation -€1,561
down €1,561 (-68.6%), from €2,274 to €714
- Taxes +€1,529
up €1,529 (+1,034%), from €148 to €1,676
- Staff costs -€762
no longer reported in 2025 (was €762)
- Financial charges +€315
up €315 (+112%), from €282 to €597
of which Financial charges: +€274
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 | €35,906 | €91,721 | +€55,815 | +155% |
| Fixed assets | 21/28 | €1,056 | €9,842 | +€8,786 | +832% |
| Tangible fixed assets | 22/27 | €1,056 | €9,842 | +€8,786 | +832% |
| Plant, machinery and equipment | 23 | €635 | €258 | -€377 | -59.4% |
| Furniture and vehicles | 24 | €421 | €9,585 | +€9,164 | +2,176% |
| Current assets | 29/58 | €34,850 | €81,879 | +€47,029 | +135% |
| Amounts receivable within one year | 40/41 | €34,492 | €58,955 | +€24,463 | +70.9% |
| Trade receivables | 40 | €30,801 | €55,051 | +€24,250 | +78.7% |
| Other amounts receivable | 41 | €3,691 | €3,904 | +€213 | +5.8% |
| Cash at bank and in hand | 54/58 | €124 | €14,598 | +€14,474 | +11,675% |
| Deferred charges and accrued income | 490/1 | €234 | €8,326 | +€8,092 | +3,460% |
| Total equity and liabilities | 10/49 | €35,906 | €91,721 | +€55,815 | +155% |
| Equity | 10/15 | €2,659 | €14,421 | +€11,762 | +442% |
| Contributions | 10/11 | €1,700 | €1,700 | = | 0.0% |
| Reserves | 13 | €1,670 | €12,721 | +€11,050 | +662% |
| Distributable reserves | 133 | €1,670 | €12,721 | +€11,050 | +662% |
| Profit (loss) carried forward | 14 | -€712 | - | +€712 | |
| Amounts payable | 17/49 | €33,247 | €77,301 | +€44,053 | +133% |
| Amounts payable within one year | 42/48 | €33,247 | €14,085 | -€19,162 | -57.6% |
| Trade debts | 44 | €8,313 | €10,159 | +€1,846 | +22.2% |
| Suppliers | 440/4 | €8,313 | €10,159 | +€1,846 | +22.2% |
| Taxes, remuneration and social security | 45 | €3,527 | €3,246 | -€281 | -8.0% |
| Taxes | 450/3 | €991 | €1,782 | +€791 | +79.9% |
| Remuneration and social security | 454/9 | €2,536 | €1,464 | -€1,072 | -42.3% |
| Other amounts payable | 47/48 | €21,407 | €680 | -€20,727 | -96.8% |
| Accrued charges and deferred income | 492/3 | - | €63,215 | +€63,215 | |
| Remuneration, social security and pensions | 62 | €762 | - | -€762 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,274 | €714 | -€1,561 | -68.6% |
| Other operating charges | 640/8 | €1,047 | €1,243 | +€195 | +18.6% |
| Gross operating margin | 9900 | €9,300 | €15,992 | +€6,692 | +72.0% |
| Operating profit (loss) | 9901 | €5,215 | €14,035 | +€8,820 | +169% |
| Financial income | 75/76B | €0 | €0 | +€0 | +300% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +300% |
| Financial charges | 65/66B | €282 | €597 | +€315 | +112% |
| Recurring financial charges | 65 | €153 | €427 | +€274 | +179% |
| Non-recurring financial charges | 66B | €129 | €171 | +€42 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €4,933 | €13,438 | +€8,505 | +172% |
| Income taxes | 67/77 | €148 | €1,676 | +€1,529 | +1,034% |
| Profit (loss) for the period | 9904 | €4,786 | €11,762 | +€6,976 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €4,786 | €11,762 | +€6,976 | +146% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.