LS Kraanbakken: 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 Kraanbakken
Largest movements
- Receivables within one year -€238,307
down €238,307 (-75.3%), from €316,641 to €78,334
of which Trade receivables: -€169,099
- Cash +€52,219
up €52,219 (+225%), from €23,183 to €75,403
mainly Receivables within one year (+€238,307) and Depreciation (+€65,317)
- Tangible fixed assets +€47,333
up €47,333 (+918%), from €5,155 to €52,488
of which Furniture and vehicles: +€48,506
- Deferred charges and accrued income +€40,497
up €40,497 (+7,337%), from €552 to €41,048
- Stocks and contracts +€27,659
up €27,659 (+51.5%), from €53,662 to €81,322
- Tax, wage and social debts -€54,209
down €54,209 (-97.0%), from €55,893 to €1,684
- Trade debts -€22,280
down €22,280 (-36.3%), from €61,425 to €39,145
- Other debts -€11,266
down €11,266 (-69.9%), from €16,126 to €4,860
- Debts after one year +€9,740
up €9,740 (+8.5%), from €115,000 to €124,740
- Current portion of long-term debt +€9,209
new in 2025: €9,209
- Depreciation +€61,980
up €61,980 (+1,857%), from €3,337 to €65,317
- Write-downs +€35,528
up €35,528, from -€35,528 to €0
- Gross operating margin +€29,535
up €29,535 (+65.1%), from €45,338 to €74,873
- Taxes -€14,324
down €14,324 (-100%), from €14,324 to €0
- Financial charges -€5,238
down €5,238 (-52.3%), from €10,024 to €4,787
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 | €699,194 | €634,383 | -€64,811 | -9.3% |
| Fixed assets | 21/28 | €305,155 | €358,276 | +€53,121 | +17.4% |
| Intangible fixed assets | 21 | €300,000 | €305,788 | +€5,788 | +1.9% |
| Tangible fixed assets | 22/27 | €5,155 | €52,488 | +€47,333 | +918% |
| Plant, machinery and equipment | 23 | €5,155 | €3,981 | -€1,174 | -22.8% |
| Furniture and vehicles | 24 | - | €48,506 | +€48,506 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €394,039 | €276,107 | -€117,932 | -29.9% |
| Stocks and contracts in progress | 3 | €53,662 | €81,322 | +€27,659 | +51.5% |
| Stocks | 30/36 | €53,662 | €81,322 | +€27,659 | +51.5% |
| Amounts receivable within one year | 40/41 | €316,641 | €78,334 | -€238,307 | -75.3% |
| Trade receivables | 40 | €242,432 | €73,334 | -€169,099 | -69.8% |
| Other amounts receivable | 41 | €74,209 | €5,000 | -€69,209 | -93.3% |
| Cash at bank and in hand | 54/58 | €23,183 | €75,403 | +€52,219 | +225% |
| Deferred charges and accrued income | 490/1 | €552 | €41,048 | +€40,497 | +7,337% |
| Total equity and liabilities | 10/49 | €699,194 | €634,383 | -€64,811 | -9.3% |
| Equity | 10/15 | €350,749 | €354,744 | +€3,995 | +1.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €340,000 | €343,995 | +€3,995 | +1.2% |
| Distributable reserves | 133 | €340,000 | €343,995 | +€3,995 | +1.2% |
| Profit (loss) carried forward | 14 | €749 | €749 | = | 0.0% |
| Amounts payable | 17/49 | €348,444 | €279,639 | -€68,806 | -19.7% |
| Amounts payable after more than one year | 17 | €115,000 | €124,740 | +€9,740 | +8.5% |
| Financial debts | 170/4 | €115,000 | €124,740 | +€9,740 | +8.5% |
| Amounts payable within one year | 42/48 | €233,444 | €154,899 | -€78,546 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,209 | +€9,209 | |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €61,425 | €39,145 | -€22,280 | -36.3% |
| Suppliers | 440/4 | €61,425 | €39,145 | -€22,280 | -36.3% |
| Taxes, remuneration and social security | 45 | €55,893 | €1,684 | -€54,209 | -97.0% |
| Taxes | 450/3 | €55,893 | €1,684 | -€54,209 | -97.0% |
| Other amounts payable | 47/48 | €16,126 | €4,860 | -€11,266 | -69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,337 | €65,317 | +€61,980 | +1,857% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€35,528 | €0 | +€35,528 | |
| Other operating charges | 640/8 | €723 | €775 | +€51 | +7.1% |
| Gross operating margin | 9900 | €45,338 | €74,873 | +€29,535 | +65.1% |
| Operating profit (loss) | 9901 | €76,806 | €8,782 | -€68,024 | -88.6% |
| Financial income | 75/76B | €118 | €0 | -€118 | -100% |
| Recurring financial income | 75 | €118 | €0 | -€118 | -100% |
| Financial charges | 65/66B | €10,024 | €4,787 | -€5,238 | -52.3% |
| Recurring financial charges | 65 | €10,024 | €4,787 | -€5,238 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €66,899 | €3,995 | -€62,904 | -94.0% |
| Income taxes | 67/77 | €14,324 | €0 | -€14,324 | -100% |
| Profit (loss) for the period | 9904 | €52,575 | €3,995 | -€48,580 | -92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,575 | €3,995 | -€48,580 | -92.4% |
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 19 October 2026 via checked.be.