LS ÉLECTRICITÉ: 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 ÉLECTRICITÉ
Largest movements
- Receivables within one year -€7,976
down €7,976 (-49.3%), from €16,177 to €8,201
of which Trade receivables: -€4,830
- Stocks and contracts -€3,655
no longer reported in 2025 (was €3,655)
- Cash +€3,233
up €3,233 (+235%), from €1,378 to €4,611
mainly Receivables within one year (+€7,976) and Net result for the year (+€6,865)
- Other debts -€25,111
down €25,111 (-40.2%), from €62,517 to €37,406
- Profit (loss) carried forward +€6,643
up €6,643 (+11.2%), from -€59,507 to -€52,864
- Tax, wage and social debts +€6,021
new in 2025: €6,021
of which Remuneration and social security: +€3,721
- Trade debts +€3,827
up €3,827 (+1,407%), from €272 to €4,099
- Reserves +€222
up €222 (+15.5%), from €1,428 to €1,650
- Gross operating margin +€38,629
up €38,629 (+11,670%), from €331 to €38,960
- Purchases and services -€28,702
down €28,702 (-27.1%), from €105,924 to €77,222
- Staff costs +€27,312
new in 2025: €27,312
- Turnover +€20,559
up €20,559 (+21.6%), from €95,287 to €115,846
- Taxes +€3,390
new in 2025: €3,390
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 | €21,210 | €12,812 | -€8,398 | -39.6% |
| Current assets | 29/58 | €21,210 | €12,812 | -€8,398 | -39.6% |
| Stocks and contracts in progress | 3 | €3,655 | - | -€3,655 | |
| Stocks | 30/36 | €3,655 | - | -€3,655 | |
| Amounts receivable within one year | 40/41 | €16,177 | €8,201 | -€7,976 | -49.3% |
| Trade receivables | 40 | €9,369 | €4,539 | -€4,830 | -51.6% |
| Other amounts receivable | 41 | €6,808 | €3,662 | -€3,146 | -46.2% |
| Cash at bank and in hand | 54/58 | €1,378 | €4,611 | +€3,233 | +235% |
| Total equity and liabilities | 10/49 | €21,210 | €12,812 | -€8,398 | -39.6% |
| Equity | 10/15 | -€41,579 | -€34,714 | +€6,865 | +16.5% |
| Contributions | 10/11 | €16,500 | €16,500 | = | 0.0% |
| Capital | 10 | €16,500 | €16,500 | = | 0.0% |
| Issued capital | 100 | €16,500 | €16,500 | = | 0.0% |
| Reserves | 13 | €1,428 | €1,650 | +€222 | +15.5% |
| Non-distributable reserves | 130/1 | €1,428 | €1,650 | +€222 | +15.5% |
| Legal reserve | 130 | €1,428 | €1,650 | +€222 | +15.5% |
| Profit (loss) carried forward | 14 | -€59,507 | -€52,864 | +€6,643 | +11.2% |
| Amounts payable | 17/49 | €62,789 | €47,526 | -€15,263 | -24.3% |
| Amounts payable within one year | 42/48 | €62,789 | €47,526 | -€15,263 | -24.3% |
| Trade debts | 44 | €272 | €4,099 | +€3,827 | +1,407% |
| Suppliers | 440/4 | €272 | €4,099 | +€3,827 | +1,407% |
| Taxes, remuneration and social security | 45 | - | €6,021 | +€6,021 | |
| Taxes | 450/3 | - | €2,300 | +€2,300 | |
| Remuneration and social security | 454/9 | - | €3,721 | +€3,721 | |
| Other amounts payable | 47/48 | €62,517 | €37,406 | -€25,111 | -40.2% |
| Turnover | 70 | €95,287 | €115,846 | +€20,559 | +21.6% |
| Non-recurring operating income | 76A | €10,968 | €336 | -€10,632 | -96.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €105,924 | €77,222 | -€28,702 | -27.1% |
| Remuneration, social security and pensions | 62 | - | €27,312 | +€27,312 | |
| Other operating charges | 640/8 | €298 | €632 | +€334 | +112% |
| Gross operating margin | 9900 | €331 | €38,960 | +€38,629 | +11,670% |
| Operating profit (loss) | 9901 | €33 | €11,016 | +€10,983 | +33,282% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €490 | €763 | +€273 | +55.7% |
| Recurring financial charges | 65 | €490 | €763 | +€273 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | -€457 | €10,255 | +€10,712 | |
| Income taxes | 67/77 | - | €3,390 | +€3,390 | |
| Profit (loss) for the period | 9904 | -€457 | €6,865 | +€7,322 | |
| Profit (loss) for the period to be appropriated | 9905 | -€457 | €6,865 | +€7,322 |
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 28 October 2026 via checked.be.