LW - Properties&Move: 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 - Properties&Move
Largest movements
- Cash +€4,134
up €4,134 (+191%), from €2,165 to €6,299
mainly Net result for the year (+€5,749) and Tax, wage and social debts (+€5,247)
- Tangible fixed assets +€3,973
up €3,973 (+297%), from €1,339 to €5,312
- Deferred charges and accrued income -€214
down €214 (-11.2%), from €1,913 to €1,699
- Receivables within one year -€145
no longer reported in 2025 (was €145)
- Profit (loss) carried forward +€5,749
up €5,749 (+43.4%), from -€13,236 to -€7,487
- Tax, wage and social debts +€5,247
up €5,247 (+72.3%), from €7,253 to €12,501
- Other debts -€3,911
down €3,911 (-53.1%), from €7,367 to €3,456
- Trade debts +€662
up €662 (+30.4%), from €2,177 to €2,840
- Gross operating margin +€9,302
up €9,302 (+119%), from €7,808 to €17,110
- Other operating charges -€5,072
down €5,072 (-66.3%), from €7,651 to €2,579
- Taxes +€2,731
up €2,731 (+90.9%), from €3,005 to €5,736
- Financial charges -€392
down €392 (-13.7%), from €2,854 to €2,462
- Depreciation +€258
up €258 (+77.0%), from €335 to €592
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 | €5,562 | €13,310 | +€7,748 | +139% |
| Fixed assets | 21/28 | €1,339 | €5,312 | +€3,973 | +297% |
| Tangible fixed assets | 22/27 | €1,339 | €5,312 | +€3,973 | +297% |
| Furniture and vehicles | 24 | €1,339 | €5,312 | +€3,973 | +297% |
| Current assets | 29/58 | €4,223 | €7,998 | +€3,775 | +89.4% |
| Amounts receivable within one year | 40/41 | €145 | - | -€145 | |
| Trade receivables | 40 | €145 | - | -€145 | |
| Cash at bank and in hand | 54/58 | €2,165 | €6,299 | +€4,134 | +191% |
| Deferred charges and accrued income | 490/1 | €1,913 | €1,699 | -€214 | -11.2% |
| Total equity and liabilities | 10/49 | €5,562 | €13,310 | +€7,748 | +139% |
| Equity | 10/15 | -€11,236 | -€5,487 | +€5,749 | +51.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,236 | -€7,487 | +€5,749 | +43.4% |
| Amounts payable | 17/49 | €16,798 | €18,797 | +€1,999 | +11.9% |
| Amounts payable within one year | 42/48 | €16,798 | €18,797 | +€1,999 | +11.9% |
| Trade debts | 44 | €2,177 | €2,840 | +€662 | +30.4% |
| Suppliers | 440/4 | €2,177 | €2,840 | +€662 | +30.4% |
| Taxes, remuneration and social security | 45 | €7,253 | €12,501 | +€5,247 | +72.3% |
| Taxes | 450/3 | €7,253 | €12,501 | +€5,247 | +72.3% |
| Other amounts payable | 47/48 | €7,367 | €3,456 | -€3,911 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335 | €592 | +€258 | +77.0% |
| Other operating charges | 640/8 | €7,651 | €2,579 | -€5,072 | -66.3% |
| Gross operating margin | 9900 | €7,808 | €17,110 | +€9,302 | +119% |
| Operating profit (loss) | 9901 | -€178 | €13,938 | +€14,117 | |
| Financial income | 75/76B | €47 | €10 | -€38 | -79.8% |
| Recurring financial income | 75 | €47 | €10 | -€38 | -79.8% |
| Financial charges | 65/66B | €2,854 | €2,462 | -€392 | -13.7% |
| Recurring financial charges | 65 | €2,854 | €2,462 | -€392 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,985 | €11,485 | +€14,471 | |
| Income taxes | 67/77 | €3,005 | €5,736 | +€2,731 | +90.9% |
| Profit (loss) for the period | 9904 | -€5,991 | €5,749 | +€11,740 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,991 | €5,749 | +€11,740 |
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 19 October 2026 via checked.be.