LXR: 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.
LXR
Largest movements
- Cash +€45,396
up €45,396 (+99.7%), from €45,551 to €90,947
mainly Depreciation (+€30,642) and Net result for the year (+€17,555)
- Tangible fixed assets -€25,142
down €25,142 (-17.2%), from €146,126 to €120,984
of which Furniture and vehicles: -€15,972
- Profit (loss) carried forward +€17,555
up €17,555 (+26.7%), from -€65,699 to -€48,144
- Gross operating margin +€13,214
up €13,214 (+34.3%), from €38,470 to €51,683
- Depreciation +€11,126
up €11,126 (+57.0%), from €19,516 to €30,642
- Financial charges +€1,184
up €1,184 (+62.2%), from €1,903 to €3,087
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 | €266,383 | €287,388 | +€21,006 | +7.9% |
| Fixed assets | 21/28 | €146,126 | €120,984 | -€25,142 | -17.2% |
| Tangible fixed assets | 22/27 | €146,126 | €120,984 | -€25,142 | -17.2% |
| Plant, machinery and equipment | 23 | €66,189 | €57,019 | -€9,170 | -13.9% |
| Furniture and vehicles | 24 | €79,937 | €63,965 | -€15,972 | -20.0% |
| Current assets | 29/58 | €120,257 | €166,404 | +€46,147 | +38.4% |
| Amounts receivable within one year | 40/41 | €71,829 | €74,280 | +€2,452 | +3.4% |
| Trade receivables | 40 | €62,478 | €74,258 | +€11,780 | +18.9% |
| Other amounts receivable | 41 | €9,351 | €23 | -€9,328 | -99.8% |
| Cash at bank and in hand | 54/58 | €45,551 | €90,947 | +€45,396 | +99.7% |
| Deferred charges and accrued income | 490/1 | €2,877 | €1,177 | -€1,700 | -59.1% |
| Total equity and liabilities | 10/49 | €266,383 | €287,388 | +€21,006 | +7.9% |
| Equity | 10/15 | €134,301 | €151,856 | +€17,555 | +13.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,699 | -€48,144 | +€17,555 | +26.7% |
| Amounts payable | 17/49 | €132,081 | €135,532 | +€3,451 | +2.6% |
| Amounts payable within one year | 42/48 | €130,362 | €132,648 | +€2,286 | +1.8% |
| Trade debts | 44 | €34,243 | €34,710 | +€467 | +1.4% |
| Suppliers | 440/4 | €34,243 | €34,710 | +€467 | +1.4% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €96,119 | €97,938 | +€1,819 | +1.9% |
| Accrued charges and deferred income | 492/3 | €1,719 | €2,884 | +€1,165 | +67.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,516 | €30,642 | +€11,126 | +57.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €38,470 | €51,683 | +€13,214 | +34.3% |
| Operating profit (loss) | 9901 | €18,567 | €20,642 | +€2,075 | +11.2% |
| Financial charges | 65/66B | €1,903 | €3,087 | +€1,184 | +62.2% |
| Recurring financial charges | 65 | €1,903 | €3,087 | +€1,184 | +62.2% |
| Profit (loss) for the period before taxes | 9903 | €16,664 | €17,555 | +€891 | +5.3% |
| Profit (loss) for the period | 9904 | €16,664 | €17,555 | +€891 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,664 | €17,555 | +€891 | +5.3% |
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.