LSS: 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.
LSS
Largest movements
- Tangible fixed assets -€8,121
down €8,121 (-26.0%), from €31,243 to €23,122
- Receivables within one year +€6,783
up €6,783 (+85.1%), from €7,970 to €14,753
of which Other amounts receivable: +€7,216
- Cash -€4,065
down €4,065 (-54.4%), from €7,469 to €3,404
mainly Debts after one year (-€7,968) and Receivables within one year (-€6,783)
- Debts after one year -€7,968
down €7,968 (-32.6%), from €24,409 to €16,442
- Profit (loss) carried forward +€1,192
up €1,192 (+16.1%), from €7,388 to €8,580
- Tax, wage and social debts +€1,082
up €1,082 (+43.0%), from €2,514 to €3,595
of which Taxes: +€1,082
- Gross operating margin -€10,781
down €10,781 (-46.2%), from €23,354 to €12,574
- Taxes -€1,564
down €1,564 (-66.5%), from €2,354 to €789
- Depreciation -€1,243
down €1,243 (-13.3%), from €9,364 to €8,121
- Financial charges -€750
down €750 (-27.8%), from €2,698 to €1,948
- Financial income +€601
new in 2025: €601
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 | €47,010 | €41,719 | -€5,292 | -11.3% |
| Fixed assets | 21/28 | €31,303 | €23,182 | -€8,121 | -25.9% |
| Tangible fixed assets | 22/27 | €31,243 | €23,122 | -€8,121 | -26.0% |
| Furniture and vehicles | 24 | €31,243 | €23,122 | -€8,121 | -26.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €15,707 | €18,537 | +€2,830 | +18.0% |
| Amounts receivable within one year | 40/41 | €7,970 | €14,753 | +€6,783 | +85.1% |
| Trade receivables | 40 | €433 | €0 | -€433 | -100% |
| Other amounts receivable | 41 | €7,537 | €14,753 | +€7,216 | +95.7% |
| Cash at bank and in hand | 54/58 | €7,469 | €3,404 | -€4,065 | -54.4% |
| Deferred charges and accrued income | 490/1 | €268 | €380 | +€112 | +41.7% |
| Total equity and liabilities | 10/49 | €47,010 | €41,719 | -€5,292 | -11.3% |
| Equity | 10/15 | €12,388 | €13,580 | +€1,192 | +9.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,388 | €8,580 | +€1,192 | +16.1% |
| Amounts payable | 17/49 | €34,623 | €28,139 | -€6,484 | -18.7% |
| Amounts payable after more than one year | 17 | €24,409 | €16,442 | -€7,968 | -32.6% |
| Financial debts | 170/4 | €24,409 | €16,442 | -€7,968 | -32.6% |
| Amounts payable within one year | 42/48 | €10,213 | €11,697 | +€1,484 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €7,576 | €7,968 | +€391 | +5.2% |
| Trade debts | 44 | €123 | €134 | +€11 | +8.6% |
| Suppliers | 440/4 | €123 | €134 | +€11 | +8.6% |
| Taxes, remuneration and social security | 45 | €2,514 | €3,595 | +€1,082 | +43.0% |
| Taxes | 450/3 | €2,354 | €3,435 | +€1,082 | +45.9% |
| Remuneration and social security | 454/9 | €160 | €160 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,364 | €8,121 | -€1,243 | -13.3% |
| Other operating charges | 640/8 | €1,551 | €1,124 | -€427 | -27.5% |
| Gross operating margin | 9900 | €23,354 | €12,574 | -€10,781 | -46.2% |
| Operating profit (loss) | 9901 | €12,440 | €3,329 | -€9,111 | -73.2% |
| Financial income | 75/76B | - | €601 | +€601 | |
| Recurring financial income | 75 | - | €601 | +€601 | |
| Financial charges | 65/66B | €2,698 | €1,948 | -€750 | -27.8% |
| Recurring financial charges | 65 | €2,698 | €1,948 | -€750 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €9,742 | €1,982 | -€7,760 | -79.7% |
| Income taxes | 67/77 | €2,354 | €789 | -€1,564 | -66.5% |
| Profit (loss) for the period | 9904 | €7,388 | €1,192 | -€6,195 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,388 | €1,192 | -€6,195 | -83.9% |
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 16 October 2026 via checked.be.