LW ADVANCE: 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.
LW ADVANCE
Largest movements
- Cash +€962
up €962 (+273%), from €352 to €1,314
mainly Trade debts (+€1,173) and Other debts (+€504)
- Receivables within one year +€680
up €680 (+3.9%), from €17,263 to €17,943
of which Other amounts receivable: +€1,200
- Stocks and contracts +€500
up €500 (+100%), from €500 to €1,000
- Trade debts +€1,173
new in 2024: €1,173
- Other debts +€504
up €504 (+3.4%), from €15,017 to €15,521
- Profit (loss) carried forward +€465
up €465 (+1.1%), from -€41,902 to -€41,437
- Gross operating margin +€1,280
up €1,280, from -€721 to €559
- Turnover +€776
up €776 (+75.3%), from €1,030 to €1,806
- Other operating charges -€710
down €710 (-92.0%), from €772 to €62
- Purchases and services -€504
down €504 (-28.8%), from €1,751 to €1,247
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,115 | €20,257 | +€2,142 | +11.8% |
| Current assets | 29/58 | €18,115 | €20,257 | +€2,142 | +11.8% |
| Stocks and contracts in progress | 3 | €500 | €1,000 | +€500 | +100% |
| Stocks | 30/36 | €500 | €1,000 | +€500 | +100% |
| Amounts receivable within one year | 40/41 | €17,263 | €17,943 | +€680 | +3.9% |
| Trade receivables | 40 | €17,188 | €16,668 | -€520 | -3.0% |
| Other amounts receivable | 41 | €75 | €1,275 | +€1,200 | +1,600% |
| Cash at bank and in hand | 54/58 | €352 | €1,314 | +€962 | +273% |
| Total equity and liabilities | 10/49 | €18,115 | €20,257 | +€2,142 | +11.8% |
| Equity | 10/15 | €3,098 | €3,563 | +€465 | +15.0% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Capital | 10 | €45,000 | €45,000 | = | 0.0% |
| Issued capital | 100 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,902 | -€41,437 | +€465 | +1.1% |
| Amounts payable | 17/49 | €15,017 | €16,694 | +€1,677 | +11.2% |
| Amounts payable within one year | 42/48 | €15,017 | €16,694 | +€1,677 | +11.2% |
| Trade debts | 44 | - | €1,173 | +€1,173 | |
| Suppliers | 440/4 | - | €1,173 | +€1,173 | |
| Other amounts payable | 47/48 | €15,017 | €15,521 | +€504 | +3.4% |
| Turnover | 70 | €1,030 | €1,806 | +€776 | +75.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,751 | €1,247 | -€504 | -28.8% |
| Other operating charges | 640/8 | €772 | €62 | -€710 | -92.0% |
| Gross operating margin | 9900 | -€721 | €559 | +€1,280 | |
| Operating profit (loss) | 9901 | -€1,493 | €497 | +€1,990 | |
| Financial charges | 65/66B | €45 | €32 | -€13 | -28.9% |
| Recurring financial charges | 65 | €45 | €32 | -€13 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,538 | €465 | +€2,003 | |
| Profit (loss) for the period | 9904 | -€1,538 | €465 | +€2,003 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,538 | €465 | +€2,003 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.