LLDM: 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.
LLDM
Largest movements
- Tangible fixed assets +€127,268
up €127,268 (+19.5%), from €651,624 to €778,892
- Trade debts +€104,857
new in 2025: €104,857
- Other debts +€30,000
up €30,000 (+4.1%), from €729,281 to €759,281
- Profit (loss) carried forward -€12,438
down €12,438 (-161%), from -€7,734 to -€20,172
- Depreciation +€3,075
up €3,075 (+117%), from €2,624 to €5,699
- Gross operating margin -€2,646
down €2,646 (-80.4%), from -€3,290 to -€5,936
- Financial charges -€622
down €622 (-48.6%), from €1,281 to €659
- Other operating charges -€395
down €395 (-73.3%), from €539 to €144
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.
Derived cash bridge
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 | €741,617 | €864,036 | +€122,419 | +16.5% |
| Formation expenses | 20 | €1,106 | €816 | -€290 | -26.3% |
| Fixed assets | 21/28 | €651,624 | €778,892 | +€127,268 | +19.5% |
| Tangible fixed assets | 22/27 | €651,624 | €778,892 | +€127,268 | +19.5% |
| Land and buildings | 22 | €651,624 | €778,892 | +€127,268 | +19.5% |
| Current assets | 29/58 | €88,887 | €84,328 | -€4,559 | -5.1% |
| Cash at bank and in hand | 54/58 | €88,887 | €84,328 | -€4,559 | -5.1% |
| Total equity and liabilities | 10/49 | €741,617 | €864,036 | +€122,419 | +16.5% |
| Equity | 10/15 | €12,266 | -€172 | -€12,438 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,734 | -€20,172 | -€12,438 | -161% |
| Amounts payable | 17/49 | €729,351 | €864,208 | +€134,857 | +18.5% |
| Amounts payable within one year | 42/48 | €729,281 | €864,138 | +€134,857 | +18.5% |
| Trade debts | 44 | - | €104,857 | +€104,857 | |
| Suppliers | 440/4 | - | €104,857 | +€104,857 | |
| Other amounts payable | 47/48 | €729,281 | €759,281 | +€30,000 | +4.1% |
| Accrued charges and deferred income | 492/3 | €70 | €70 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,624 | €5,699 | +€3,075 | +117% |
| Other operating charges | 640/8 | €539 | €144 | -€395 | -73.3% |
| Gross operating margin | 9900 | -€3,290 | -€5,936 | -€2,646 | -80.4% |
| Operating profit (loss) | 9901 | -€6,453 | -€11,779 | -€5,326 | -82.5% |
| Financial charges | 65/66B | €1,281 | €659 | -€622 | -48.6% |
| Recurring financial charges | 65 | €1,281 | €659 | -€622 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,734 | -€12,438 | -€4,704 | -60.8% |
| Profit (loss) for the period | 9904 | -€7,734 | -€12,438 | -€4,704 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,734 | -€12,438 | -€4,704 | -60.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.