LXB MANAGEMENT: 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.
LXB MANAGEMENT
Largest movements
- Receivables within one year +€18,211
up €18,211 (+29.0%), from €62,752 to €80,962
- Cash +€17,312
up €17,312 (+45.4%), from €38,169 to €55,482
mainly Net result for the year (+€39,525) and Other debts (+€3,633)
- Reserves +€39,000
up €39,000 (+47.4%), from €82,360 to €121,360
of which Distributable reserves: +€39,000
- Other debts +€3,633
up €3,633 (+244%), from €1,488 to €5,121
- Financial income -€2,022
down €2,022 (-39.5%), from €5,121 to €3,100
- Gross operating margin -€1,395
down €1,395 (-2.3%), from €60,873 to €59,478
- Taxes -€1,183
down €1,183 (-7.0%), from €16,950 to €15,767
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 | €307,683 | €346,255 | +€38,572 | +12.5% |
| Fixed assets | 21/28 | €6,762 | €9,811 | +€3,049 | +45.1% |
| Tangible fixed assets | 22/27 | €6,762 | €9,811 | +€3,049 | +45.1% |
| Land and buildings | 22 | €6,492 | €5,493 | -€1,000 | -15.4% |
| Furniture and vehicles | 24 | €269 | €4,318 | +€4,049 | +1,503% |
| Current assets | 29/58 | €300,921 | €336,444 | +€35,523 | +11.8% |
| Amounts receivable within one year | 40/41 | €62,752 | €80,962 | +€18,211 | +29.0% |
| Trade receivables | 40 | €62,752 | €80,962 | +€18,211 | +29.0% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,169 | €55,482 | +€17,312 | +45.4% |
| Total equity and liabilities | 10/49 | €307,683 | €346,255 | +€38,572 | +12.5% |
| Equity | 10/15 | €276,562 | €316,088 | +€39,525 | +14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,360 | €121,360 | +€39,000 | +47.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €80,500 | €119,500 | +€39,000 | +48.4% |
| Profit (loss) carried forward | 14 | €188,002 | €188,528 | +€525 | +0.3% |
| Amounts payable | 17/49 | €31,120 | €30,167 | -€953 | -3.1% |
| Amounts payable within one year | 42/48 | €31,120 | €30,167 | -€953 | -3.1% |
| Trade debts | 44 | €2,275 | €890 | -€1,385 | -60.9% |
| Suppliers | 440/4 | €2,275 | €890 | -€1,385 | -60.9% |
| Taxes, remuneration and social security | 45 | €27,358 | €24,156 | -€3,201 | -11.7% |
| Taxes | 450/3 | €27,358 | €24,156 | -€3,201 | -11.7% |
| Other amounts payable | 47/48 | €1,488 | €5,121 | +€3,633 | +244% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,702 | €1,662 | -€40 | -2.4% |
| Other operating charges | 640/8 | €2,900 | €3,277 | +€377 | +13.0% |
| Gross operating margin | 9900 | €60,873 | €59,478 | -€1,395 | -2.3% |
| Operating profit (loss) | 9901 | €56,271 | €54,539 | -€1,731 | -3.1% |
| Financial income | 75/76B | €5,121 | €3,100 | -€2,022 | -39.5% |
| Recurring financial income | 75 | €5,121 | €3,100 | -€2,022 | -39.5% |
| Financial charges | 65/66B | €1,888 | €2,347 | +€459 | +24.3% |
| Recurring financial charges | 65 | €1,888 | €2,347 | +€459 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €59,504 | €55,292 | -€4,212 | -7.1% |
| Income taxes | 67/77 | €16,950 | €15,767 | -€1,183 | -7.0% |
| Profit (loss) for the period | 9904 | €42,554 | €39,525 | -€3,029 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,554 | €39,525 | -€3,029 | -7.1% |
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 23 October 2026 via checked.be.