LS TECHNOLOGIES: 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 TECHNOLOGIES
Largest movements
- Cash +€107,098
up €107,098 (+2063.4%), from €5,190 to €112,288
mainly Current investments (+€99,250) and Net result for the year (+€18,274)
- Current investments -€99,250
no longer reported in 2025 (was €99,250)
- Financial fixed assets +€5,097
new in 2025: €5,097
- Receivables within one year +€1,552
up €1,552 (+132.9%), from €1,167 to €2,719
of which Trade receivables: +€1,963
- Profit (loss) carried forward +€17,441
up €17,441 (+19.7%), from €88,671 to €106,112
- Tax, wage and social debts -€2,905
down €2,905 (-23.7%), from €12,237 to €9,332
of which Taxes: -€6,629
- Gross operating margin -€31,040
down €31,040 (-57.2%), from €54,275 to €23,234
- Taxes -€6,681
down €6,681 (-57.2%), from €11,679 to €4,997
- Depreciation +€886
up €886 (+516.0%), from €172 to €1,057
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 | €108,608 | €122,048 | +€13,439 | +12.4% |
| Fixed assets | 21/28 | €3,000 | €7,040 | +€4,040 | +134.6% |
| Tangible fixed assets | 22/27 | €3,000 | €1,943 | -€1,057 | -35.2% |
| Furniture and vehicles | 24 | €3,000 | €1,943 | -€1,057 | -35.2% |
| Financial fixed assets | 28 | - | €5,097 | +€5,097 | |
| Current assets | 29/58 | €105,608 | €115,007 | +€9,400 | +8.9% |
| Amounts receivable within one year | 40/41 | €1,167 | €2,719 | +€1,552 | +132.9% |
| Trade receivables | 40 | €127 | €2,090 | +€1,963 | +1549.1% |
| Other amounts receivable | 41 | €1,041 | €629 | -€412 | -39.6% |
| Current investments | 50/53 | €99,250 | - | -€99,250 | |
| Cash at bank and in hand | 54/58 | €5,190 | €112,288 | +€107,098 | +2063.4% |
| Total equity and liabilities | 10/49 | €108,608 | €122,048 | +€13,439 | +12.4% |
| Equity | 10/15 | €90,671 | €108,112 | +€17,441 | +19.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,671 | €106,112 | +€17,441 | +19.7% |
| Amounts payable | 17/49 | €17,937 | €13,936 | -€4,001 | -22.3% |
| Amounts payable within one year | 42/48 | €17,937 | €13,936 | -€4,001 | -22.3% |
| Financial debts | 43 | €1,016 | €425 | -€591 | -58.2% |
| Credit institutions | 430/8 | €1,016 | €425 | -€591 | -58.2% |
| Trade debts | 44 | €2,292 | €1,235 | -€1,057 | -46.1% |
| Suppliers | 440/4 | €2,292 | €1,235 | -€1,057 | -46.1% |
| Taxes, remuneration and social security | 45 | €12,237 | €9,332 | -€2,905 | -23.7% |
| Taxes | 450/3 | €11,501 | €4,872 | -€6,629 | -57.6% |
| Remuneration and social security | 454/9 | €736 | €4,460 | +€3,724 | +506.0% |
| Other amounts payable | 47/48 | €2,392 | €2,943 | +€551 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172 | €1,057 | +€886 | +516.0% |
| Other operating charges | 640/8 | €80 | - | -€80 | |
| Gross operating margin | 9900 | €54,275 | €23,234 | -€31,040 | -57.2% |
| Operating profit (loss) | 9901 | €54,023 | €22,177 | -€31,846 | -58.9% |
| Financial income | 75/76B | €1,610 | €1,389 | -€221 | -13.7% |
| Recurring financial income | 75 | €1,610 | €1,389 | -€221 | -13.7% |
| Financial charges | 65/66B | €357 | €295 | -€62 | -17.3% |
| Recurring financial charges | 65 | €357 | €295 | -€62 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €55,276 | €23,271 | -€32,005 | -57.9% |
| Income taxes | 67/77 | €11,679 | €4,997 | -€6,681 | -57.2% |
| Profit (loss) for the period | 9904 | €43,598 | €18,274 | -€25,324 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,598 | €18,274 | -€25,324 | -58.1% |
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.