LSANE: 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.
LSANE
Largest movements
- Cash +€82,748
up €82,748 (+55.6%), from €148,934 to €231,682
mainly Net result for the year (+€284,268) and Other debts (+€62,027)
- Receivables within one year +€20,000
new in 2025: €20,000
- Other debts +€62,027
up €62,027 (+19.6%), from €316,548 to €378,576
- Tax, wage and social debts +€30,500
up €30,500 (+229.3%), from €13,300 to €43,800
- Profit (loss) carried forward +€14,268
up €14,268 (+628.7%), from €2,270 to €16,537
- Gross operating margin -€11,394
down €11,394 (-2.9%), from €390,704 to €379,310
- Taxes -€4,528
down €4,528 (-4.8%), from €95,174 to €90,646
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 | €338,627 | €443,488 | +€104,861 | +31.0% |
| Fixed assets | 21/28 | €1,553 | €3,973 | +€2,420 | +155.8% |
| Tangible fixed assets | 22/27 | €1,553 | €3,973 | +€2,420 | +155.8% |
| Plant, machinery and equipment | 23 | €1,553 | €541 | -€1,012 | -65.2% |
| Furniture and vehicles | 24 | - | €3,432 | +€3,432 | |
| Current assets | 29/58 | €337,074 | €439,515 | +€102,441 | +30.4% |
| Amounts receivable within one year | 40/41 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 41 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €148,934 | €231,682 | +€82,748 | +55.6% |
| Deferred charges and accrued income | 490/1 | €188,140 | €187,833 | -€307 | -0.2% |
| Total equity and liabilities | 10/49 | €338,627 | €443,488 | +€104,861 | +31.0% |
| Equity | 10/15 | €5,030 | €19,297 | +€14,268 | +283.7% |
| Contributions | 10/11 | €60 | €60 | = | 0.0% |
| Reserves | 13 | €2,700 | €2,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,700 | €2,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,270 | €16,537 | +€14,268 | +628.7% |
| Amounts payable | 17/49 | €333,597 | €424,191 | +€90,593 | +27.2% |
| Amounts payable within one year | 42/48 | €333,597 | €424,191 | +€90,593 | +27.2% |
| Trade debts | 44 | €3,749 | €1,815 | -€1,934 | -51.6% |
| Suppliers | 440/4 | €3,749 | €1,815 | -€1,934 | -51.6% |
| Taxes, remuneration and social security | 45 | €13,300 | €43,800 | +€30,500 | +229.3% |
| Taxes | 450/3 | €13,300 | €43,800 | +€30,500 | +229.3% |
| Other amounts payable | 47/48 | €316,548 | €378,576 | +€62,027 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,334 | €2,502 | +€1,168 | +87.5% |
| Other operating charges | 640/8 | €1,929 | €1,990 | +€61 | +3.2% |
| Gross operating margin | 9900 | €390,704 | €379,310 | -€11,394 | -2.9% |
| Operating profit (loss) | 9901 | €387,441 | €374,818 | -€12,623 | -3.3% |
| Financial income | 75/76B | €1,399 | €955 | -€444 | -31.7% |
| Recurring financial income | 75 | €1,399 | €955 | -€444 | -31.7% |
| Financial charges | 65/66B | €1,397 | €860 | -€537 | -38.5% |
| Recurring financial charges | 65 | €1,397 | €860 | -€537 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €387,443 | €374,914 | -€12,529 | -3.2% |
| Income taxes | 67/77 | €95,174 | €90,646 | -€4,528 | -4.8% |
| Profit (loss) for the period | 9904 | €292,270 | €284,268 | -€8,002 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €292,270 | €284,268 | -€8,002 | -2.7% |
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 7 October 2026 via checked.be.