LS & MK: 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 & MK
Largest movements
- Receivables within one year +€16,321
up €16,321 (+807%), from €2,023 to €18,343
of which Trade receivables: +€17,568
- Tangible fixed assets +€8,698
new in 2024: €8,698
- Tax, wage and social debts +€13,832
new in 2024: €13,832
of which Taxes: +€8,327
- Profit (loss) carried forward +€8,015
up €8,015, from -€2,413 to €5,601
- Trade debts +€3,444
up €3,444 (+100%), from €3,436 to €6,880
- Turnover +€38,986
new in 2024: €38,986
- Gross operating margin +€21,017
up €21,017, from -€1,180 to €19,837
- Purchases and services +€19,195
new in 2024: €19,195
- Staff costs +€9,262
new in 2024: €9,262
- Taxes +€1,400
new in 2024: €1,400
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,023 | €27,313 | +€25,290 | +1,250% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | - | €8,698 | +€8,698 | |
| Tangible fixed assets | 22/27 | - | €8,698 | +€8,698 | |
| Furniture and vehicles | 24 | - | €8,698 | +€8,698 | |
| Current assets | 29/58 | €2,023 | €18,615 | +€16,592 | +820% |
| Amounts receivable within one year | 40/41 | €2,023 | €18,343 | +€16,321 | +807% |
| Trade receivables | 40 | €775 | €18,343 | +€17,568 | +2,267% |
| Other amounts receivable | 41 | €1,248 | - | -€1,248 | |
| Cash at bank and in hand | 54/58 | - | €271 | +€271 | |
| Total equity and liabilities | 10/49 | €2,023 | €27,313 | +€25,290 | +1,250% |
| Equity | 10/15 | -€1,413 | €6,601 | +€8,015 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | - | -€1,000 | |
| Issued capital | 100 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | -€2,413 | €5,601 | +€8,015 | |
| Amounts payable | 17/49 | €3,436 | €20,711 | +€17,275 | +503% |
| Amounts payable within one year | 42/48 | €3,436 | €20,711 | +€17,275 | +503% |
| Trade debts | 44 | €3,436 | €6,880 | +€3,444 | +100% |
| Suppliers | 440/4 | €3,436 | €6,880 | +€3,444 | +100% |
| Taxes, remuneration and social security | 45 | - | €13,832 | +€13,832 | |
| Taxes | 450/3 | - | €8,327 | +€8,327 | |
| Remuneration and social security | 454/9 | - | €5,505 | +€5,505 | |
| Turnover | 70 | - | €38,986 | +€38,986 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €19,195 | +€19,195 | |
| Remuneration, social security and pensions | 62 | - | €9,262 | +€9,262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,233 | €850 | -€383 | -31.0% |
| Other operating charges | 640/8 | - | €204 | +€204 | |
| Gross operating margin | 9900 | -€1,180 | €19,837 | +€21,017 | |
| Operating profit (loss) | 9901 | -€2,413 | €9,521 | +€11,934 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €107 | +€107 | |
| Recurring financial charges | 65 | - | €107 | +€107 | |
| Profit (loss) for the period before taxes | 9903 | -€2,413 | €9,415 | +€11,828 | |
| Income taxes | 67/77 | - | €1,400 | +€1,400 | |
| Profit (loss) for the period | 9904 | -€2,413 | €8,015 | +€10,428 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,413 | €8,015 | +€10,428 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.