LLAB: what changed
LLAB
Largest movements
- Receivables within one year +€12,100
new in 2025: €12,100
- Tangible fixed assets -€10,525
down €10,525 (-41.1%), from €25,585 to €15,060
- Cash +€7,591
up €7,591 (+15.0%), from €50,558 to €58,149
mainly Net result for the year (+€22,478) and Depreciation (+€10,525)
- Tax, wage and social debts +€9,638
up €9,638 (+93.6%), from €10,296 to €19,934
- Debts after one year -€6,533
down €6,533 (-38.7%), from €16,902 to €10,369
- Reserves +€6,478
new in 2025: €6,478
- Trade debts -€1,059
down €1,059 (-61.4%), from €1,726 to €667
- Gross operating margin +€6,306
up €6,306 (+13.5%), from €46,669 to €52,975
- Other operating charges -€4,915
down €4,915 (-27.6%), from €17,780 to €12,865
- Taxes +€2,562
up €2,562 (+73.2%), from €3,500 to €6,062
- Depreciation -€805
down €805 (-7.1%), from €11,330 to €10,525
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 | €76,143 | €85,310 | +€9,167 | +12.0% |
| Fixed assets | 21/28 | €25,585 | €15,060 | -€10,525 | -41.1% |
| Tangible fixed assets | 22/27 | €25,585 | €15,060 | -€10,525 | -41.1% |
| Furniture and vehicles | 24 | €25,585 | €15,060 | -€10,525 | -41.1% |
| Current assets | 29/58 | €50,558 | €70,249 | +€19,691 | +38.9% |
| Amounts receivable within one year | 40/41 | - | €12,100 | +€12,100 | |
| Trade receivables | 40 | - | €12,100 | +€12,100 | |
| Cash at bank and in hand | 54/58 | €50,558 | €58,149 | +€7,591 | +15.0% |
| Total equity and liabilities | 10/49 | €76,143 | €85,310 | +€9,167 | +12.0% |
| Equity | 10/15 | €38,373 | €44,851 | +€6,478 | +16.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | - | €6,478 | +€6,478 | |
| Distributable reserves | 133 | - | €6,478 | +€6,478 | |
| Profit (loss) carried forward | 14 | €30,313 | €30,313 | +€0 | 0.0% |
| Amounts payable | 17/49 | €37,770 | €40,459 | +€2,689 | +7.1% |
| Amounts payable after more than one year | 17 | €16,902 | €10,369 | -€6,533 | -38.7% |
| Financial debts | 170/4 | €16,902 | €10,369 | -€6,533 | -38.7% |
| Amounts payable within one year | 42/48 | €20,868 | €30,090 | +€9,222 | +44.2% |
| Current portion of amounts payable after more than one year | 42 | €6,244 | €6,533 | +€289 | +4.6% |
| Trade debts | 44 | €1,726 | €667 | -€1,059 | -61.4% |
| Suppliers | 440/4 | €1,726 | €667 | -€1,059 | -61.4% |
| Taxes, remuneration and social security | 45 | €10,296 | €19,934 | +€9,638 | +93.6% |
| Taxes | 450/3 | €10,296 | €19,934 | +€9,638 | +93.6% |
| Other amounts payable | 47/48 | €2,602 | €2,957 | +€355 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,330 | €10,525 | -€805 | -7.1% |
| Other operating charges | 640/8 | €17,780 | €12,865 | -€4,915 | -27.6% |
| Non-recurring operating charges | 66A | €1,708 | - | -€1,708 | |
| Gross operating margin | 9900 | €46,669 | €52,975 | +€6,306 | +13.5% |
| Operating profit (loss) | 9901 | €15,851 | €29,586 | +€13,735 | +86.6% |
| Financial charges | 65/66B | €1,250 | €1,046 | -€204 | -16.3% |
| Recurring financial charges | 65 | €1,250 | €1,046 | -€204 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €14,601 | €28,539 | +€13,938 | +95.5% |
| Income taxes | 67/77 | €3,500 | €6,062 | +€2,562 | +73.2% |
| Profit (loss) for the period | 9904 | €11,101 | €22,478 | +€11,377 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €11,101 | €22,478 | +€11,377 | +102% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.