LS TRANS: 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 TRANS
Largest movements
- Cash +€68,900
up €68,900 (+49.3%), from €139,696 to €208,595
mainly Net result for the year (+€111,592) and Tax, wage and social debts (+€44,849)
- Tangible fixed assets +€41,665
up €41,665 (+318%), from €13,111 to €54,775
of which Furniture and vehicles: +€42,411
- Financial fixed assets +€24,000
up €24,000 (+338%), from €7,102 to €31,102
- Stocks and contracts +€15,900
new in 2025: €15,900
- Receivables within one year -€9,913
down €9,913 (-5.8%), from €171,045 to €161,132
of which Other amounts receivable: -€60,195
- Profit (loss) carried forward +€60,592
up €60,592 (+25.6%), from €236,791 to €297,384
- Tax, wage and social debts +€44,849
up €44,849 (+107%), from €41,892 to €86,741
of which Taxes: +€38,855
- Current portion of long-term debt +€41,000
new in 2025: €41,000
- Trade debts -€14,046
down €14,046 (-44.2%), from €31,810 to €17,764
- Other debts +€9,267
new in 2025: €9,267
- Gross operating margin +€101,083
up €101,083 (+32.1%), from €314,654 to €415,737
- Staff costs +€43,898
up €43,898 (+22.4%), from €195,994 to €239,893
- Taxes +€29,835
up €29,835 (+172%), from €17,388 to €47,223
- Depreciation -€24,148
down €24,148 (-61.2%), from €39,483 to €15,335
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 | €330,953 | €472,615 | +€141,662 | +42.8% |
| Fixed assets | 21/28 | €20,213 | €85,878 | +€65,665 | +325% |
| Tangible fixed assets | 22/27 | €13,111 | €54,775 | +€41,665 | +318% |
| Plant, machinery and equipment | 23 | €1,492 | €746 | -€746 | -50.0% |
| Furniture and vehicles | 24 | €11,618 | €54,029 | +€42,411 | +365% |
| Financial fixed assets | 28 | €7,102 | €31,102 | +€24,000 | +338% |
| Current assets | 29/58 | €310,740 | €386,738 | +€75,997 | +24.5% |
| Stocks and contracts in progress | 3 | - | €15,900 | +€15,900 | |
| Stocks | 30/36 | - | €15,900 | +€15,900 | |
| Amounts receivable within one year | 40/41 | €171,045 | €161,132 | -€9,913 | -5.8% |
| Trade receivables | 40 | €87,067 | €137,348 | +€50,282 | +57.8% |
| Other amounts receivable | 41 | €83,978 | €23,783 | -€60,195 | -71.7% |
| Cash at bank and in hand | 54/58 | €139,696 | €208,595 | +€68,900 | +49.3% |
| Deferred charges and accrued income | 490/1 | - | €1,110 | +€1,110 | |
| Total equity and liabilities | 10/49 | €330,953 | €472,615 | +€141,662 | +42.8% |
| Equity | 10/15 | €257,251 | €317,844 | +€60,592 | +23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €236,791 | €297,384 | +€60,592 | +25.6% |
| Amounts payable | 17/49 | €73,702 | €154,772 | +€81,069 | +110% |
| Amounts payable within one year | 42/48 | €73,702 | €154,772 | +€81,069 | +110% |
| Current portion of amounts payable after more than one year | 42 | - | €41,000 | +€41,000 | |
| Trade debts | 44 | €31,810 | €17,764 | -€14,046 | -44.2% |
| Suppliers | 440/4 | €31,810 | €17,764 | -€14,046 | -44.2% |
| Taxes, remuneration and social security | 45 | €41,892 | €86,741 | +€44,849 | +107% |
| Taxes | 450/3 | €8,753 | €47,609 | +€38,855 | +444% |
| Remuneration and social security | 454/9 | €33,139 | €39,132 | +€5,994 | +18.1% |
| Other amounts payable | 47/48 | - | €9,267 | +€9,267 | |
| Remuneration, social security and pensions | 62 | €195,994 | €239,893 | +€43,898 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,483 | €15,335 | -€24,148 | -61.2% |
| Other operating charges | 640/8 | €2,330 | €3,630 | +€1,300 | +55.8% |
| Gross operating margin | 9900 | €314,654 | €415,737 | +€101,083 | +32.1% |
| Operating profit (loss) | 9901 | €76,846 | €156,879 | +€80,032 | +104% |
| Financial income | 75/76B | €2,482 | €2,229 | -€253 | -10.2% |
| Recurring financial income | 75 | €2,482 | €2,229 | -€253 | -10.2% |
| Financial charges | 65/66B | €323 | €292 | -€31 | -9.6% |
| Recurring financial charges | 65 | €323 | €292 | -€31 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €79,005 | €158,815 | +€79,810 | +101% |
| Income taxes | 67/77 | €17,388 | €47,223 | +€29,835 | +172% |
| Profit (loss) for the period | 9904 | €61,617 | €111,592 | +€49,975 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €61,617 | €111,592 | +€49,975 | +81.1% |
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 14 October 2026 via checked.be.