LSSE: 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.
LSSE
Largest movements
- Receivables after one year -€50,000
no longer reported in 2025 (was €50,000)
- Receivables within one year +€43,310
up €43,310 (+221.9%), from €19,517 to €62,826
- Deferred charges and accrued income -€1,988
down €1,988 (-15.7%), from €12,678 to €10,690
- Cash +€1,270
up €1,270, from €0 to €1,270
mainly Receivables after one year (+€50,000) and Net result for the year (+€39,031)
- Other debts -€22,456
down €22,456 (-36.5%), from €61,487 to €39,031
- Tax, wage and social debts +€16,689
up €16,689 (+132.2%), from €12,625 to €29,314
- Trade debts -€1,641
down €1,641 (-50.0%), from €3,283 to €1,641
- Gross operating margin +€26,232
up €26,232 (+80.7%), from €32,503 to €58,735
- Taxes +€8,992
up €8,992 (+103.0%), from €8,726 to €17,718
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 | €82,395 | €74,986 | -€7,408 | -9.0% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €82,195 | €74,786 | -€7,408 | -9.0% |
| Amounts receivable after more than one year | 29 | €50,000 | - | -€50,000 | |
| Other amounts receivable | 291 | €50,000 | - | -€50,000 | |
| Amounts receivable within one year | 40/41 | €19,517 | €62,826 | +€43,310 | +221.9% |
| Other amounts receivable | 41 | €19,517 | €62,826 | +€43,310 | +221.9% |
| Cash at bank and in hand | 54/58 | €0 | €1,270 | +€1,270 | |
| Deferred charges and accrued income | 490/1 | €12,678 | €10,690 | -€1,988 | -15.7% |
| Total equity and liabilities | 10/49 | €82,395 | €74,986 | -€7,408 | -9.0% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €77,395 | €69,986 | -€7,408 | -9.6% |
| Amounts payable within one year | 42/48 | €77,395 | €69,986 | -€7,408 | -9.6% |
| Trade debts | 44 | €3,283 | €1,641 | -€1,641 | -50.0% |
| Suppliers | 440/4 | €3,283 | €1,641 | -€1,641 | -50.0% |
| Taxes, remuneration and social security | 45 | €12,625 | €29,314 | +€16,689 | +132.2% |
| Taxes | 450/3 | €12,625 | €29,314 | +€16,689 | +132.2% |
| Other amounts payable | 47/48 | €61,487 | €39,031 | -€22,456 | -36.5% |
| Other operating charges | 640/8 | €932 | €521 | -€411 | -44.1% |
| Gross operating margin | 9900 | €32,503 | €58,735 | +€26,232 | +80.7% |
| Operating profit (loss) | 9901 | €31,571 | €58,214 | +€26,643 | +84.4% |
| Financial income | 75/76B | €1,980 | €2,231 | +€251 | +12.7% |
| Recurring financial income | 75 | €1,980 | €2,231 | +€251 | +12.7% |
| Financial charges | 65/66B | €3,811 | €3,696 | -€115 | -3.0% |
| Recurring financial charges | 65 | €3,811 | €3,696 | -€115 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €29,740 | €56,749 | +€27,009 | +90.8% |
| Income taxes | 67/77 | €8,726 | €17,718 | +€8,992 | +103.0% |
| Profit (loss) for the period | 9904 | €21,014 | €39,031 | +€18,018 | +85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,014 | €39,031 | +€18,018 | +85.7% |
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 9 October 2026 via checked.be.