LXM: 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.
LXM
Largest movements
- Receivables within one year +€35,592
up €35,592 (+79.3%), from €44,858 to €80,450
of which Other amounts receivable: +€35,312
- Tangible fixed assets +€17,228
up €17,228 (+497%), from €3,467 to €20,695
- Cash +€14,905
up €14,905 (+1,987%), from €750 to €15,656
mainly Net result for the year (+€60,272) and Tax, wage and social debts (+€31,325)
- Deferred charges and accrued income +€5,576
up €5,576 (+73.7%), from €7,561 to €13,138
- Stocks and contracts +€4,165
up €4,165 (+69.2%), from €6,016 to €10,181
- Reserves +€45,300
up €45,300 (+107%), from €42,200 to €87,500
- Tax, wage and social debts +€31,325
up €31,325 (+313%), from €10,000 to €41,325
of which Taxes: +€28,045
- Other debts +€8,700
new in 2025: €8,700
- Trade debts -€8,646
down €8,646 (-75.9%), from €11,396 to €2,750
- Profit (loss) carried forward +€6,272
up €6,272, from -€5,921 to €352
- Gross operating margin +€85,482
up €85,482 (+848%), from €10,083 to €95,566
- Taxes +€23,364
up €23,364 (+2,005%), from €1,165 to €24,529
- Depreciation +€4,602
up €4,602 (+206%), from €2,230 to €6,831
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 | €64,653 | €142,120 | +€77,467 | +120% |
| Fixed assets | 21/28 | €5,467 | €22,695 | +€17,228 | +315% |
| Tangible fixed assets | 22/27 | €3,467 | €20,695 | +€17,228 | +497% |
| Furniture and vehicles | 24 | €3,467 | €20,695 | +€17,228 | +497% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €59,186 | €119,425 | +€60,239 | +102% |
| Stocks and contracts in progress | 3 | €6,016 | €10,181 | +€4,165 | +69.2% |
| Stocks | 30/36 | €6,016 | €10,181 | +€4,165 | +69.2% |
| Amounts receivable within one year | 40/41 | €44,858 | €80,450 | +€35,592 | +79.3% |
| Trade receivables | 40 | €33,253 | €33,533 | +€280 | +0.8% |
| Other amounts receivable | 41 | €11,604 | €46,917 | +€35,312 | +304% |
| Cash at bank and in hand | 54/58 | €750 | €15,656 | +€14,905 | +1,987% |
| Deferred charges and accrued income | 490/1 | €7,561 | €13,138 | +€5,576 | +73.7% |
| Total equity and liabilities | 10/49 | €64,653 | €142,120 | +€77,467 | +120% |
| Equity | 10/15 | €37,279 | €88,852 | +€51,572 | +138% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €42,200 | €87,500 | +€45,300 | +107% |
| Distributable reserves | 133 | €42,200 | €87,500 | +€45,300 | +107% |
| Profit (loss) carried forward | 14 | -€5,921 | €352 | +€6,272 | |
| Amounts payable | 17/49 | €27,373 | €53,268 | +€25,895 | +94.6% |
| Amounts payable within one year | 42/48 | €21,401 | €52,775 | +€31,374 | +147% |
| Financial debts | 43 | €6 | - | -€6 | |
| Credit institutions | 430/8 | €6 | - | -€6 | |
| Trade debts | 44 | €11,396 | €2,750 | -€8,646 | -75.9% |
| Suppliers | 440/4 | €11,396 | €2,750 | -€8,646 | -75.9% |
| Taxes, remuneration and social security | 45 | €10,000 | €41,325 | +€31,325 | +313% |
| Taxes | 450/3 | €6,240 | €34,285 | +€28,045 | +449% |
| Remuneration and social security | 454/9 | €3,760 | €7,040 | +€3,280 | +87.2% |
| Other amounts payable | 47/48 | - | €8,700 | +€8,700 | |
| Accrued charges and deferred income | 492/3 | €5,972 | €493 | -€5,479 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,230 | €6,831 | +€4,602 | +206% |
| Other operating charges | 640/8 | €1,443 | €1,272 | -€172 | -11.9% |
| Gross operating margin | 9900 | €10,083 | €95,566 | +€85,482 | +848% |
| Operating profit (loss) | 9901 | €6,410 | €87,463 | +€81,052 | +1,264% |
| Financial income | 75/76B | €458 | €1,165 | +€707 | +154% |
| Recurring financial income | 75 | €458 | €1,165 | +€707 | +154% |
| Financial charges | 65/66B | €3,048 | €3,826 | +€779 | +25.5% |
| Recurring financial charges | 65 | €3,048 | €3,826 | +€779 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €3,821 | €84,802 | +€80,981 | +2,119% |
| Income taxes | 67/77 | €1,165 | €24,529 | +€23,364 | +2,005% |
| Profit (loss) for the period | 9904 | €2,655 | €60,272 | +€57,617 | +2,170% |
| Profit (loss) for the period to be appropriated | 9905 | €2,655 | €60,272 | +€57,617 | +2,170% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.