LZ BENELUX: 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.
LZ BENELUX
Largest movements
- Receivables within one year +€32,430
up €32,430 (+111%), from €29,305 to €61,735
of which Other amounts receivable: +€40,028
- Cash +€25,348
up €25,348 (+382%), from €6,642 to €31,990
mainly Other debts (+€62,986) and Advances received (+€26,411)
- Stocks and contracts -€11,500
down €11,500 (-14.7%), from €78,153 to €66,653
- Other debts +€62,986
up €62,986 (+920%), from €6,844 to €69,830
- Trade debts -€50,278
down €50,278 (-62.9%), from €79,913 to €29,635
- Advances received +€26,411
up €26,411 (+816%), from €3,235 to €29,646
- Contributions +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Profit (loss) carried forward +€2,126
up €2,126 (+8.3%), from €25,610 to €27,736
- Gross operating margin -€22,319
down €22,319 (-85.5%), from €26,111 to €3,792
- Taxes +€531
new in 2024: €531
- Financial charges +€427
up €427 (+305%), from €140 to €567
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,100 | €172,378 | +€46,278 | +36.7% |
| Fixed assets | 21/28 | €12,000 | €12,000 | = | 0.0% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €114,100 | €160,378 | +€46,278 | +40.6% |
| Stocks and contracts in progress | 3 | €78,153 | €66,653 | -€11,500 | -14.7% |
| Stocks | 30/36 | €78,153 | €66,653 | -€11,500 | -14.7% |
| Amounts receivable within one year | 40/41 | €29,305 | €61,735 | +€32,430 | +111% |
| Trade receivables | 40 | €10,676 | €3,078 | -€7,598 | -71.2% |
| Other amounts receivable | 41 | €18,629 | €58,657 | +€40,028 | +215% |
| Cash at bank and in hand | 54/58 | €6,642 | €31,990 | +€25,348 | +382% |
| Total equity and liabilities | 10/49 | €126,100 | €172,378 | +€46,278 | +36.7% |
| Equity | 10/15 | €35,610 | €42,736 | +€7,126 | +20.0% |
| Contributions | 10/11 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Profit (loss) carried forward | 14 | €25,610 | €27,736 | +€2,126 | +8.3% |
| Amounts payable | 17/49 | €90,490 | €129,642 | +€39,152 | +43.3% |
| Amounts payable within one year | 42/48 | €90,490 | €129,642 | +€39,152 | +43.3% |
| Trade debts | 44 | €79,913 | €29,635 | -€50,278 | -62.9% |
| Suppliers | 440/4 | €79,913 | €29,635 | -€50,278 | -62.9% |
| Advances received on contracts in progress | 46 | €3,235 | €29,646 | +€26,411 | +816% |
| Taxes, remuneration and social security | 45 | €498 | €531 | +€33 | +6.6% |
| Taxes | 450/3 | €498 | €531 | +€33 | +6.6% |
| Other amounts payable | 47/48 | €6,844 | €69,830 | +€62,986 | +920% |
| Other operating charges | 640/8 | €361 | €568 | +€207 | +57.3% |
| Gross operating margin | 9900 | €26,111 | €3,792 | -€22,319 | -85.5% |
| Operating profit (loss) | 9901 | €25,750 | €3,224 | -€22,526 | -87.5% |
| Financial charges | 65/66B | €140 | €567 | +€427 | +305% |
| Recurring financial charges | 65 | €140 | €567 | +€427 | +305% |
| Profit (loss) for the period before taxes | 9903 | €25,610 | €2,657 | -€22,953 | -89.6% |
| Income taxes | 67/77 | - | €531 | +€531 | |
| Profit (loss) for the period | 9904 | €25,610 | €2,126 | -€23,484 | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,610 | €2,126 | -€23,484 | -91.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.