LS TECHNICS: what changed
Two fiscal 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 TECHNICS
Largest movements
- Cash -€8,439
down €8,439 (-84.9%), from €9,944 to €1,505
mainly Debts after one year (-€26,239) and Receivables within one year (-€2,325)
- Tangible fixed assets -€4,931
down €4,931 (-21.2%), from €23,243 to €18,312
- Debts after one year -€26,239
down €26,239 (-27.6%), from €95,014 to €68,775
- Reserves +€16,358
up €16,358 (+28.9%), from €56,643 to €73,000
- Financial income -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Gross operating margin -€20,364
down €20,364 (-39.6%), from €51,468 to €31,103
- Financial charges -€4,986
down €4,986 (-55.1%), from €9,045 to €4,059
- Depreciation +€3,517
up €3,517 (+248.7%), from €1,414 to €4,931
- Taxes -€3,366
down €3,366 (-41.3%), from €8,142 to €4,777
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 | €393,991 | €382,737 | -€11,255 | -2.9% |
| Fixed assets | 21/28 | €373,243 | €368,312 | -€4,931 | -1.3% |
| Tangible fixed assets | 22/27 | €23,243 | €18,312 | -€4,931 | -21.2% |
| Furniture and vehicles | 24 | €23,243 | €18,312 | -€4,931 | -21.2% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €20,749 | €14,425 | -€6,323 | -30.5% |
| Amounts receivable within one year | 40/41 | €9,075 | €11,400 | +€2,325 | +25.6% |
| Trade receivables | 40 | €9,075 | €9,900 | +€825 | +9.1% |
| Other amounts receivable | 41 | - | €1,500 | +€1,500 | |
| Cash at bank and in hand | 54/58 | €9,944 | €1,505 | -€8,439 | -84.9% |
| Deferred charges and accrued income | 490/1 | €1,729 | €1,520 | -€209 | -12.1% |
| Total equity and liabilities | 10/49 | €393,991 | €382,737 | -€11,255 | -2.9% |
| Equity | 10/15 | €62,643 | €79,000 | +€16,358 | +26.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €56,643 | €73,000 | +€16,358 | +28.9% |
| Distributable reserves | 133 | €56,643 | €73,000 | +€16,358 | +28.9% |
| Amounts payable | 17/49 | €331,349 | €303,736 | -€27,612 | -8.3% |
| Amounts payable after more than one year | 17 | €95,014 | €68,775 | -€26,239 | -27.6% |
| Financial debts | 170/4 | €95,014 | €68,775 | -€26,239 | -27.6% |
| Amounts payable within one year | 42/48 | €233,636 | €232,163 | -€1,473 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €25,114 | €26,239 | +€1,125 | +4.5% |
| Trade debts | 44 | €736 | €261 | -€475 | -64.5% |
| Suppliers | 440/4 | €736 | €261 | -€475 | -64.5% |
| Taxes, remuneration and social security | 45 | €9,145 | €8,132 | -€1,013 | -11.1% |
| Taxes | 450/3 | €9,145 | €8,132 | -€1,013 | -11.1% |
| Other amounts payable | 47/48 | €198,642 | €197,532 | -€1,110 | -0.6% |
| Accrued charges and deferred income | 492/3 | €2,699 | €2,798 | +€99 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,414 | €4,931 | +€3,517 | +248.7% |
| Other operating charges | 640/8 | €1,224 | €978 | -€246 | -20.1% |
| Gross operating margin | 9900 | €51,468 | €31,103 | -€20,364 | -39.6% |
| Operating profit (loss) | 9901 | €48,829 | €25,193 | -€23,636 | -48.4% |
| Financial income | 75/76B | €25,000 | €0 | -€25,000 | -100.0% |
| Recurring financial income | 75 | €25,000 | €0 | -€25,000 | -100.0% |
| Financial charges | 65/66B | €9,045 | €4,059 | -€4,986 | -55.1% |
| Recurring financial charges | 65 | €9,045 | €4,059 | -€4,986 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | €64,785 | €21,134 | -€43,651 | -67.4% |
| Income taxes | 67/77 | €8,142 | €4,777 | -€3,366 | -41.3% |
| Profit (loss) for the period | 9904 | €56,643 | €16,358 | -€40,285 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,643 | €16,358 | -€40,285 | -71.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.