LBK93: what changed
Two fiscal 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.
LBK93
Largest movements
- Cash +€43,420
up €43,420 (+87.2%), from €49,801 to €93,221
mainly Net result for the year (+€58,282) and Tax, wage and social debts (+€11,397)
- Receivables within one year +€16,532
up €16,532 (+8063.2%), from €205 to €16,737
of which Trade receivables: +€16,737
- Tangible fixed assets +€2,158
up €2,158 (+28.9%), from €7,462 to €9,619
of which Furniture and vehicles: +€3,306
- Reserves +€57,449
up €57,449 (+204.4%), from €28,107 to €85,556
- Tax, wage and social debts +€11,397
up €11,397 (+84.0%), from €13,565 to €24,962
of which Taxes: +€5,926
- Other debts -€4,917
down €4,917 (-51.4%), from €9,560 to €4,642
- Trade debts -€1,925
down €1,925 (-66.7%), from €2,887 to €962
- Gross operating margin +€21,109
up €21,109 (+36.0%), from €58,581 to €79,690
- Staff costs -€12,711
down €12,711 (-100.0%), from €12,711 to €0
- Taxes +€4,963
up €4,963 (+41.2%), from €12,054 to €17,018
- Other operating charges -€1,624
down €1,624 (-55.1%), from €2,949 to €1,325
- Depreciation +€1,561
up €1,561 (+174.9%), from €893 to €2,454
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.
Cash bridge derived
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 | €57,468 | €119,617 | +€62,148 | +108.1% |
| Fixed assets | 21/28 | €7,462 | €9,620 | +€2,157 | +28.9% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -52.2% |
| Tangible fixed assets | 22/27 | €7,462 | €9,619 | +€2,158 | +28.9% |
| Land and buildings | 22 | €5,312 | €4,196 | -€1,115 | -21.0% |
| Plant, machinery and equipment | 23 | €33 | €0 | -€33 | -100.0% |
| Furniture and vehicles | 24 | €2,117 | €5,423 | +€3,306 | +156.2% |
| Current assets | 29/58 | €50,006 | €109,997 | +€59,991 | +120.0% |
| Amounts receivable within one year | 40/41 | €205 | €16,737 | +€16,532 | +8063.2% |
| Trade receivables | 40 | - | €16,737 | +€16,737 | |
| Other amounts receivable | 41 | €205 | €0 | -€205 | -100.0% |
| Cash at bank and in hand | 54/58 | €49,801 | €93,221 | +€43,420 | +87.2% |
| Deferred charges and accrued income | 490/1 | - | €39 | +€39 | |
| Total equity and liabilities | 10/49 | €57,468 | €119,617 | +€62,148 | +108.1% |
| Equity | 10/15 | €31,107 | €88,556 | +€57,449 | +184.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €28,107 | €85,556 | +€57,449 | +204.4% |
| Distributable reserves | 133 | €28,107 | €85,556 | +€57,449 | +204.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €26,362 | €31,061 | +€4,699 | +17.8% |
| Amounts payable within one year | 42/48 | €26,012 | €30,566 | +€4,554 | +17.5% |
| Trade debts | 44 | €2,887 | €962 | -€1,925 | -66.7% |
| Suppliers | 440/4 | €2,887 | €962 | -€1,925 | -66.7% |
| Taxes, remuneration and social security | 45 | €13,565 | €24,962 | +€11,397 | +84.0% |
| Taxes | 450/3 | €13,565 | €19,490 | +€5,926 | +43.7% |
| Remuneration and social security | 454/9 | - | €5,471 | +€5,471 | |
| Other amounts payable | 47/48 | €9,560 | €4,642 | -€4,917 | -51.4% |
| Accrued charges and deferred income | 492/3 | €350 | €495 | +€145 | +41.6% |
| Remuneration, social security and pensions | 62 | €12,711 | €0 | -€12,711 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €893 | €2,454 | +€1,561 | +174.9% |
| Other operating charges | 640/8 | €2,949 | €1,325 | -€1,624 | -55.1% |
| Gross operating margin | 9900 | €58,581 | €79,690 | +€21,109 | +36.0% |
| Operating profit (loss) | 9901 | €42,028 | €75,911 | +€33,884 | +80.6% |
| Financial charges | 65/66B | €1,034 | €612 | -€422 | -40.8% |
| Recurring financial charges | 65 | €1,034 | €612 | -€422 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €40,994 | €75,299 | +€34,306 | +83.7% |
| Income taxes | 67/77 | €12,054 | €17,018 | +€4,963 | +41.2% |
| Profit (loss) for the period | 9904 | €28,940 | €58,282 | +€29,342 | +101.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,940 | €58,282 | +€29,342 | +101.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.