LX Finance: 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.
LX Finance
Largest movements
- Current investments -€278,000
no longer reported in 2025 (was €278,000)
- Deferred charges and accrued income -€16,024
down €16,024 (-34.8%), from €46,058 to €30,034
- Tangible fixed assets -€10,247
down €10,247 (-16.5%), from €62,081 to €51,834
of which Furniture and vehicles: -€18,443
- Cash -€6,958
down €6,958 (-23.2%), from €30,042 to €23,083
mainly Contributions, distributions and other (-€345,000) and Tax, wage and social debts (-€53,397)
- Reserves -€255,582
down €255,582 (-73.8%), from €346,192 to €90,609
- Tax, wage and social debts -€53,397
down €53,397 (-79.5%), from €67,201 to €13,803
of which Taxes: -€55,397
- Gross operating margin -€18,503
down €18,503 (-12.3%), from €150,874 to €132,372
- Taxes -€5,011
down €5,011 (-16.2%), from €30,902 to €25,891
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 | €417,204 | €104,951 | -€312,253 | -74.8% |
| Fixed assets | 21/28 | €62,081 | €51,834 | -€10,247 | -16.5% |
| Tangible fixed assets | 22/27 | €62,081 | €51,834 | -€10,247 | -16.5% |
| Plant, machinery and equipment | 23 | - | €8,196 | +€8,196 | |
| Furniture and vehicles | 24 | €62,081 | €43,638 | -€18,443 | -29.7% |
| Current assets | 29/58 | €355,123 | €53,117 | -€302,006 | -85.0% |
| Amounts receivable within one year | 40/41 | €1,023 | - | -€1,023 | |
| Trade receivables | 40 | €1,023 | - | -€1,023 | |
| Current investments | 50/53 | €278,000 | - | -€278,000 | |
| Cash at bank and in hand | 54/58 | €30,042 | €23,083 | -€6,958 | -23.2% |
| Deferred charges and accrued income | 490/1 | €46,058 | €30,034 | -€16,024 | -34.8% |
| Total equity and liabilities | 10/49 | €417,204 | €104,951 | -€312,253 | -74.8% |
| Equity | 10/15 | €346,312 | €90,729 | -€255,582 | -73.8% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Reserves | 13 | €346,192 | €90,609 | -€255,582 | -73.8% |
| Distributable reserves | 133 | €346,192 | €90,609 | -€255,582 | -73.8% |
| Amounts payable | 17/49 | €70,892 | €14,222 | -€56,670 | -79.9% |
| Amounts payable within one year | 42/48 | €70,892 | €14,222 | -€56,670 | -79.9% |
| Trade debts | 44 | €1,962 | €197 | -€1,765 | -89.9% |
| Suppliers | 440/4 | €1,962 | €197 | -€1,765 | -89.9% |
| Taxes, remuneration and social security | 45 | €67,201 | €13,803 | -€53,397 | -79.5% |
| Taxes | 450/3 | €67,201 | €11,803 | -€55,397 | -82.4% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €1,729 | €221 | -€1,508 | -87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,443 | €19,571 | +€1,128 | +6.1% |
| Other operating charges | 640/8 | €1,003 | €1,433 | +€430 | +42.9% |
| Gross operating margin | 9900 | €150,874 | €132,372 | -€18,503 | -12.3% |
| Operating profit (loss) | 9901 | €131,429 | €111,368 | -€20,061 | -15.3% |
| Financial income | 75/76B | €4,804 | €4,036 | -€769 | -16.0% |
| Recurring financial income | 75 | €4,804 | €4,036 | -€769 | -16.0% |
| Financial charges | 65/66B | €51 | €95 | +€44 | +87.4% |
| Recurring financial charges | 65 | €51 | €95 | +€44 | +87.4% |
| Profit (loss) for the period before taxes | 9903 | €136,183 | €115,309 | -€20,874 | -15.3% |
| Income taxes | 67/77 | €30,902 | €25,891 | -€5,011 | -16.2% |
| Profit (loss) for the period | 9904 | €105,280 | €89,418 | -€15,863 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €105,280 | €89,418 | -€15,863 | -15.1% |
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 25 October 2026 via checked.be.