LS MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year +€6,901
up €6,901 (+32.8%), from €21,032 to €27,933
of which Trade receivables: +€21,780
- Cash +€300
up €300 (+69.9%), from €429 to €729
mainly Net result for the year (+€7,146) and Tax, wage and social debts (+€55)
- Profit (loss) carried forward +€7,146
up €7,146 (+53.6%), from €13,331 to €20,477
- Gross operating margin +€15,387
up €15,387, from -€1,568 to €13,820
- Other operating charges +€6,144
up €6,144 (+9629.3%), from €64 to €6,207
- Taxes +€291
new in 2025: €291
- Financial charges +€173
up €173 (+9530.2%), from €2 to €175
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 | €21,811 | €29,012 | +€7,201 | +33.0% |
| Fixed assets | 21/28 | €350 | €350 | = | 0.0% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €21,461 | €28,662 | +€7,201 | +33.6% |
| Amounts receivable within one year | 40/41 | €21,032 | €27,933 | +€6,901 | +32.8% |
| Trade receivables | 40 | - | €21,780 | +€21,780 | |
| Other amounts receivable | 41 | €21,032 | €6,153 | -€14,879 | -70.7% |
| Cash at bank and in hand | 54/58 | €429 | €729 | +€300 | +69.9% |
| Total equity and liabilities | 10/49 | €21,811 | €29,012 | +€7,201 | +33.0% |
| Equity | 10/15 | €21,391 | €28,537 | +€7,146 | +33.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,331 | €20,477 | +€7,146 | +53.6% |
| Amounts payable | 17/49 | €420 | €475 | +€55 | +13.1% |
| Amounts payable within one year | 42/48 | €420 | €475 | +€55 | +13.1% |
| Taxes, remuneration and social security | 45 | €420 | €475 | +€55 | +13.1% |
| Taxes | 450/3 | €420 | €475 | +€55 | +13.1% |
| Other operating charges | 640/8 | €64 | €6,207 | +€6,144 | +9629.3% |
| Gross operating margin | 9900 | -€1,568 | €13,820 | +€15,387 | |
| Operating profit (loss) | 9901 | -€1,631 | €7,612 | +€9,244 | |
| Financial charges | 65/66B | €2 | €175 | +€173 | +9530.2% |
| Recurring financial charges | 65 | €2 | €175 | +€173 | +9530.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,633 | €7,437 | +€9,071 | |
| Income taxes | 67/77 | - | €291 | +€291 | |
| Profit (loss) for the period | 9904 | -€1,633 | €7,146 | +€8,779 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,633 | €7,146 | +€8,779 |
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 12 October 2026 via checked.be.