LBtechnics: what changed
LBtechnics
Largest movements
- Tangible fixed assets +€47,904
up €47,904 (+133%), from €35,992 to €83,896
of which Furniture and vehicles: +€39,766
- Cash +€36,221
up €36,221 (+76.8%), from €47,186 to €83,408
mainly Debts after one year (+€85,141) and Trade debts (+€57,203)
- Receivables within one year +€25,036
up €25,036 (+66.1%), from €37,859 to €62,895
of which Trade receivables: +€27,625
- Debts after one year +€85,141
up €85,141 (+467%), from €18,243 to €103,383
- Trade debts +€57,203
up €57,203 (+448%), from €12,767 to €69,970
- Reserves -€51,926
down €51,926 (-64.8%), from €80,176 to €28,250
- Current portion of long-term debt +€11,023
up €11,023 (+166%), from €6,631 to €17,654
- Tax, wage and social debts +€8,902
up €8,902 (+112%), from €7,980 to €16,881
of which Remuneration and social security: +€8,706
- Gross operating margin +€52,459
up €52,459 (+63.7%), from €82,385 to €134,844
- Staff costs +€42,137
up €42,137 (+154%), from €27,307 to €69,443
- Depreciation +€14,162
up €14,162 (+128%), from €11,023 to €25,184
- Taxes -€1,893
down €1,893 (-21.5%), from €8,827 to €6,934
- Financial charges +€1,488
up €1,488 (+81.0%), from €1,836 to €3,324
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 | €137,361 | €246,121 | +€108,760 | +79.2% |
| Fixed assets | 21/28 | €38,692 | €86,596 | +€47,904 | +124% |
| Tangible fixed assets | 22/27 | €35,992 | €83,896 | +€47,904 | +133% |
| Plant, machinery and equipment | 23 | €12,192 | €20,330 | +€8,138 | +66.7% |
| Furniture and vehicles | 24 | €23,800 | €63,566 | +€39,766 | +167% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €98,669 | €159,526 | +€60,857 | +61.7% |
| Stocks and contracts in progress | 3 | €9,915 | €11,127 | +€1,213 | +12.2% |
| Stocks | 30/36 | €9,915 | €11,127 | +€1,213 | +12.2% |
| Amounts receivable within one year | 40/41 | €37,859 | €62,895 | +€25,036 | +66.1% |
| Trade receivables | 40 | €29,231 | €56,855 | +€27,625 | +94.5% |
| Other amounts receivable | 41 | €8,628 | €6,039 | -€2,589 | -30.0% |
| Cash at bank and in hand | 54/58 | €47,186 | €83,408 | +€36,221 | +76.8% |
| Deferred charges and accrued income | 490/1 | €3,709 | €2,095 | -€1,614 | -43.5% |
| Total equity and liabilities | 10/49 | €137,361 | €246,121 | +€108,760 | +79.2% |
| Equity | 10/15 | €82,676 | €30,750 | -€51,926 | -62.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €80,176 | €28,250 | -€51,926 | -64.8% |
| Distributable reserves | 133 | €80,176 | €28,250 | -€51,926 | -64.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,685 | €215,371 | +€160,686 | +294% |
| Amounts payable after more than one year | 17 | €18,243 | €103,383 | +€85,141 | +467% |
| Financial debts | 170/4 | €18,243 | €103,383 | +€85,141 | +467% |
| Amounts payable within one year | 42/48 | €35,787 | €110,300 | +€74,512 | +208% |
| Current portion of amounts payable after more than one year | 42 | €6,631 | €17,654 | +€11,023 | +166% |
| Trade debts | 44 | €12,767 | €69,970 | +€57,203 | +448% |
| Suppliers | 440/4 | €12,767 | €69,970 | +€57,203 | +448% |
| Taxes, remuneration and social security | 45 | €7,980 | €16,881 | +€8,902 | +112% |
| Taxes | 450/3 | €5,819 | €6,015 | +€196 | +3.4% |
| Remuneration and social security | 454/9 | €2,160 | €10,866 | +€8,706 | +403% |
| Other amounts payable | 47/48 | €8,409 | €5,794 | -€2,615 | -31.1% |
| Accrued charges and deferred income | 492/3 | €655 | €1,688 | +€1,033 | +158% |
| Remuneration, social security and pensions | 62 | €27,307 | €69,443 | +€42,137 | +154% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,023 | €25,184 | +€14,162 | +128% |
| Other operating charges | 640/8 | €1,452 | €2,415 | +€962 | +66.3% |
| Gross operating margin | 9900 | €82,385 | €134,844 | +€52,459 | +63.7% |
| Operating profit (loss) | 9901 | €42,604 | €37,802 | -€4,802 | -11.3% |
| Financial income | 75/76B | €227 | €706 | +€480 | +212% |
| Recurring financial income | 75 | €227 | €706 | +€480 | +212% |
| Financial charges | 65/66B | €1,836 | €3,324 | +€1,488 | +81.0% |
| Recurring financial charges | 65 | €1,836 | €3,324 | +€1,488 | +81.0% |
| Profit (loss) for the period before taxes | 9903 | €40,994 | €35,184 | -€5,810 | -14.2% |
| Income taxes | 67/77 | €8,827 | €6,934 | -€1,893 | -21.5% |
| Profit (loss) for the period | 9904 | €32,167 | €28,250 | -€3,916 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,167 | €28,250 | -€3,916 | -12.2% |
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 2 November 2026 via checked.be.