LZ AANNEMINGEN: what changed
LZ AANNEMINGEN
Largest movements
- Tangible fixed assets +€57,919
up €57,919 (+530%), from €10,925 to €68,844
of which Furniture and vehicles: +€57,976
- Receivables within one year +€20,682
up €20,682 (+96.2%), from €21,503 to €42,185
of which Trade receivables: +€20,080
- Cash +€13,064
up €13,064 (+298%), from €4,390 to €17,454
mainly Debts after one year (+€51,254) and Trade debts (+€29,018)
- Stocks and contracts +€5,275
up €5,275 (+264%), from €2,000 to €7,275
- Deferred charges and accrued income -€3,828
down €3,828 (-96.6%), from €3,962 to €134
- Debts after one year +€51,254
new in 2025: €51,254
- Trade debts +€29,018
up €29,018 (+158%), from €18,399 to €47,418
- Current portion of long-term debt +€5,146
up €5,146 (+65.5%), from €7,854 to €13,000
- Profit (loss) carried forward +€5,033
up €5,033 (+67.6%), from €7,444 to €12,477
- Tax, wage and social debts +€3,529
up €3,529 (+597%), from €591 to €4,120
- Gross operating margin +€20,157
up €20,157 (+192%), from €10,490 to €30,647
- Depreciation +€11,697
up €11,697 (+185%), from €6,309 to €18,006
- Financial charges +€4,218
up €4,218 (+480%), from €879 to €5,097
- Taxes +€834
up €834 (+141%), from €591 to €1,425
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,780 | €138,291 | +€95,511 | +223% |
| Fixed assets | 21/28 | €10,925 | €71,244 | +€60,319 | +552% |
| Tangible fixed assets | 22/27 | €10,925 | €68,844 | +€57,919 | +530% |
| Plant, machinery and equipment | 23 | €5,701 | €5,644 | -€58 | -1.0% |
| Furniture and vehicles | 24 | €5,224 | €63,200 | +€57,976 | +1,110% |
| Financial fixed assets | 28 | - | €2,400 | +€2,400 | |
| Current assets | 29/58 | €31,855 | €67,047 | +€35,193 | +110% |
| Stocks and contracts in progress | 3 | €2,000 | €7,275 | +€5,275 | +264% |
| Stocks | 30/36 | €2,000 | €7,275 | +€5,275 | +264% |
| Amounts receivable within one year | 40/41 | €21,503 | €42,185 | +€20,682 | +96.2% |
| Trade receivables | 40 | €16,292 | €36,373 | +€20,080 | +123% |
| Other amounts receivable | 41 | €5,211 | €5,812 | +€602 | +11.5% |
| Cash at bank and in hand | 54/58 | €4,390 | €17,454 | +€13,064 | +298% |
| Deferred charges and accrued income | 490/1 | €3,962 | €134 | -€3,828 | -96.6% |
| Total equity and liabilities | 10/49 | €42,780 | €138,291 | +€95,511 | +223% |
| Equity | 10/15 | €9,944 | €14,977 | +€5,033 | +50.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,444 | €12,477 | +€5,033 | +67.6% |
| Amounts payable | 17/49 | €32,836 | €123,314 | +€90,478 | +276% |
| Amounts payable after more than one year | 17 | - | €51,254 | +€51,254 | |
| Financial debts | 170/4 | - | €51,254 | +€51,254 | |
| Amounts payable within one year | 42/48 | €32,836 | €72,060 | +€39,224 | +119% |
| Current portion of amounts payable after more than one year | 42 | €7,854 | €13,000 | +€5,146 | +65.5% |
| Trade debts | 44 | €18,399 | €47,418 | +€29,018 | +158% |
| Suppliers | 440/4 | €18,399 | €47,418 | +€29,018 | +158% |
| Taxes, remuneration and social security | 45 | €591 | €4,120 | +€3,529 | +597% |
| Taxes | 450/3 | €591 | €4,120 | +€3,529 | +597% |
| Other amounts payable | 47/48 | €5,992 | €7,522 | +€1,530 | +25.5% |
| Non-recurring operating income | 76A | - | €5,933 | +€5,933 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,309 | €18,006 | +€11,697 | +185% |
| Other operating charges | 640/8 | €862 | €1,086 | +€224 | +25.9% |
| Gross operating margin | 9900 | €10,490 | €30,647 | +€20,157 | +192% |
| Operating profit (loss) | 9901 | €3,319 | €11,555 | +€8,236 | +248% |
| Financial income | 75/76B | €1 | €0 | -€0 | -60.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -60.0% |
| Financial charges | 65/66B | €879 | €5,097 | +€4,218 | +480% |
| Recurring financial charges | 65 | €879 | €5,097 | +€4,218 | +480% |
| Profit (loss) for the period before taxes | 9903 | €2,441 | €6,458 | +€4,017 | +165% |
| Income taxes | 67/77 | €591 | €1,425 | +€834 | +141% |
| Profit (loss) for the period | 9904 | €1,850 | €5,033 | +€3,183 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €1,850 | €5,033 | +€3,183 | +172% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.