LY Team: what changed
Two fiscal 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.
LY Team
Largest movements
- Tangible fixed assets -€9,255
down €9,255 (-57.4%), from €16,125 to €6,870
of which Furniture and vehicles: -€8,928
- Cash +€2,297
up €2,297 (+45.0%), from €5,103 to €7,400
mainly Depreciation (+€9,255) and Net result for the year (+€2,551)
- Receivables within one year +€605
new in 2025: €605
- Trade debts -€3,920
down €3,920 (-98.3%), from €3,988 to €68
- Debts after one year -€3,728
down €3,728 (-93.7%), from €3,979 to €251
- Current portion of long-term debt -€3,611
down €3,611 (-46.8%), from €7,711 to €4,100
- Profit (loss) carried forward +€2,551
up €2,551 (+18.1%), from -€14,125 to -€11,573
- Other debts +€1,548
up €1,548 (+27.8%), from €5,563 to €7,112
- Turnover +€61,399
up €61,399 (+8.1%), from €759,943 to €821,342
- Purchases and services +€50,777
up €50,777 (+7.1%), from €715,921 to €766,698
- Gross operating margin +€9,091
up €9,091 (+19.9%), from €45,703 to €54,794
- Staff costs -€8,976
down €8,976 (-17.7%), from €50,708 to €41,732
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.
Cash bridge derived
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 | €21,228 | €14,875 | -€6,353 | -29.9% |
| Fixed assets | 21/28 | €16,125 | €6,870 | -€9,255 | -57.4% |
| Tangible fixed assets | 22/27 | €16,125 | €6,870 | -€9,255 | -57.4% |
| Plant, machinery and equipment | 23 | €327 | - | -€327 | |
| Furniture and vehicles | 24 | €15,798 | €6,870 | -€8,928 | -56.5% |
| Current assets | 29/58 | €5,103 | €8,005 | +€2,902 | +56.9% |
| Amounts receivable within one year | 40/41 | - | €605 | +€605 | |
| Trade receivables | 40 | - | €605 | +€605 | |
| Cash at bank and in hand | 54/58 | €5,103 | €7,400 | +€2,297 | +45.0% |
| Total equity and liabilities | 10/49 | €21,228 | €14,875 | -€6,353 | -29.9% |
| Equity | 10/15 | -€7,877 | -€5,326 | +€2,551 | +32.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €48 | €48 | = | 0.0% |
| Non-distributable reserves | 130/1 | €48 | €48 | = | 0.0% |
| Reserves not available under the articles | 1311 | €48 | €48 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,125 | -€11,573 | +€2,551 | +18.1% |
| Amounts payable | 17/49 | €29,105 | €20,201 | -€8,904 | -30.6% |
| Amounts payable after more than one year | 17 | €3,979 | €251 | -€3,728 | -93.7% |
| Financial debts | 170/4 | €3,979 | €251 | -€3,728 | -93.7% |
| Amounts payable within one year | 42/48 | €25,126 | €19,450 | -€5,676 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €7,711 | €4,100 | -€3,611 | -46.8% |
| Trade debts | 44 | €3,988 | €68 | -€3,920 | -98.3% |
| Suppliers | 440/4 | €3,988 | €68 | -€3,920 | -98.3% |
| Taxes, remuneration and social security | 45 | €7,864 | €8,170 | +€306 | +3.9% |
| Taxes | 450/3 | €5,264 | €5,570 | +€306 | +5.8% |
| Remuneration and social security | 454/9 | €2,600 | €2,600 | = | 0.0% |
| Other amounts payable | 47/48 | €5,563 | €7,112 | +€1,548 | +27.8% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Turnover | 70 | €759,943 | €821,342 | +€61,399 | +8.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €715,921 | €766,698 | +€50,777 | +7.1% |
| Remuneration, social security and pensions | 62 | €50,708 | €41,732 | -€8,976 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,364 | €9,255 | -€109 | -1.2% |
| Other operating charges | 640/8 | €727 | €742 | +€14 | +2.0% |
| Gross operating margin | 9900 | €45,703 | €54,794 | +€9,091 | +19.9% |
| Operating profit (loss) | 9901 | -€15,097 | €3,065 | +€18,162 | |
| Financial charges | 65/66B | €575 | €514 | -€61 | -10.6% |
| Recurring financial charges | 65 | €575 | €514 | -€61 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,671 | €2,551 | +€18,223 | |
| Profit (loss) for the period | 9904 | -€15,671 | €2,551 | +€18,223 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,671 | €2,551 | +€18,223 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.