LSLiving: 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.
LSLiving
Largest movements
- Stocks and contracts +€2.2m
up €2.2m (+476.6%), from €466,386 to €2.7m
of which Stocks: +€2.2m
- Cash +€761,094
up €761,094 (+3133.2%), from €24,291 to €785,385
mainly Advances received (+€1.5m) and Short-term financial debts (+€1.1m)
- Receivables within one year +€48,099
up €48,099 (+177.0%), from €27,182 to €75,281
of which Trade receivables: +€27,102
- Advances received +€1.5m
new in 2025: €1.5m
- Short-term financial debts +€1.1m
up €1.1m (+1153.0%), from €92,750 to €1.2m
- Tax, wage and social debts +€162,613
up €162,613 (+11360.5%), from €1,431 to €164,045
- Trade debts +€160,556
up €160,556 (+6178.1%), from €2,599 to €163,155
- Other debts +€101,346
up €101,346 (+26.9%), from €377,210 to €478,557
- Gross operating margin -€12,668
down €12,668, from €11,909 to -€759
- Financial charges -€12,133
down €12,133 (-48.0%), from €25,287 to €13,154
- Taxes +€358
up €358, from €0 to €358
- Depreciation -€133
down €133 (-22.2%), from €600 to €467
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 | €537,444 | €3,553,051 | +€3.0m | +561.1% |
| Fixed assets | 21/28 | €467 | €0 | -€467 | -100.0% |
| Intangible fixed assets | 21 | €467 | €0 | -€467 | -100.0% |
| Current assets | 29/58 | €536,978 | €3,553,051 | +€3.0m | +561.7% |
| Stocks and contracts in progress | 3 | €466,386 | €2,689,237 | +€2.2m | +476.6% |
| Stocks | 30/36 | €455,670 | €2,607,056 | +€2.2m | +472.1% |
| Contracts in progress | 37 | €10,715 | €82,181 | +€71,465 | +666.9% |
| Amounts receivable within one year | 40/41 | €27,182 | €75,281 | +€48,099 | +177.0% |
| Trade receivables | 40 | €0 | €27,102 | +€27,102 | |
| Other amounts receivable | 41 | €27,182 | €48,179 | +€20,998 | +77.2% |
| Cash at bank and in hand | 54/58 | €24,291 | €785,385 | +€761,094 | +3133.2% |
| Deferred charges and accrued income | 490/1 | €19,119 | €3,148 | -€15,971 | -83.5% |
| Total equity and liabilities | 10/49 | €537,444 | €3,553,051 | +€3.0m | +561.1% |
| Equity | 10/15 | €50,928 | €35,593 | -€15,334 | -30.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€9,072 | -€24,407 | -€15,334 | -169.0% |
| Amounts payable | 17/49 | €486,517 | €3,517,458 | +€3.0m | +623.0% |
| Amounts payable within one year | 42/48 | €473,991 | €3,477,814 | +€3.0m | +633.7% |
| Financial debts | 43 | €92,750 | €1,162,121 | +€1.1m | +1153.0% |
| Credit institutions | 430/8 | €92,750 | €1,162,121 | +€1.1m | +1153.0% |
| Trade debts | 44 | €2,599 | €163,155 | +€160,556 | +6178.1% |
| Suppliers | 440/4 | €2,599 | €163,155 | +€160,556 | +6178.1% |
| Advances received on contracts in progress | 46 | - | €1,509,937 | +€1.5m | |
| Taxes, remuneration and social security | 45 | €1,431 | €164,045 | +€162,613 | +11360.5% |
| Taxes | 450/3 | €1,431 | €164,045 | +€162,613 | +11360.5% |
| Other amounts payable | 47/48 | €377,210 | €478,557 | +€101,346 | +26.9% |
| Accrued charges and deferred income | 492/3 | €12,526 | €39,644 | +€27,118 | +216.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €600 | €467 | -€133 | -22.2% |
| Other operating charges | 640/8 | €650 | €650 | -€0 | 0.0% |
| Gross operating margin | 9900 | €11,909 | -€759 | -€12,668 | |
| Operating profit (loss) | 9901 | €10,659 | -€1,875 | -€12,535 | |
| Financial income | 75/76B | €46 | €53 | +€7 | +14.9% |
| Recurring financial income | 75 | €46 | €53 | +€7 | +14.9% |
| Financial charges | 65/66B | €25,287 | €13,154 | -€12,133 | -48.0% |
| Recurring financial charges | 65 | €25,287 | €13,154 | -€12,133 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,582 | -€14,976 | -€394 | -2.7% |
| Income taxes | 67/77 | €0 | €358 | +€358 | |
| Profit (loss) for the period | 9904 | -€14,582 | -€15,334 | -€752 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,582 | -€15,334 | -€752 | -5.2% |
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 5 October 2026 via checked.be.