L.C. CONCEPT: 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.
L.C. CONCEPT
Largest movements
- Receivables within one year -€70,007
down €70,007 (-65.2%), from €107,329 to €37,322
of which Trade receivables: -€57,832
- Tangible fixed assets -€14,761
down €14,761 (-30.3%), from €48,693 to €33,932
of which Furniture and vehicles: -€14,937
- Receivables after one year +€4,610
up €4,610 (+2.9%), from €161,198 to €165,809
- Trade debts -€45,791
down €45,791 (-74.3%), from €61,600 to €15,809
- Tax, wage and social debts -€22,939
down €22,939 (-53.7%), from €42,753 to €19,813
of which Taxes: -€22,110
- Profit (loss) carried forward -€12,204
down €12,204 (-8.6%), from €141,717 to €129,513
- Gross operating margin -€84,023
down €84,023 (-85.7%), from €98,093 to €14,069
- Staff costs -€36,001
down €36,001 (-74.2%), from €48,505 to €12,505
- Taxes -€12,269
down €12,269 (-95.4%), from €12,865 to €596
- Depreciation +€5,690
up €5,690 (+60.0%), from €9,490 to €15,180
- Other operating charges -€2,689
down €2,689 (-100.0%), from €2,689 to €0
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 | €321,216 | €238,567 | -€82,649 | -25.7% |
| Fixed assets | 21/28 | €48,693 | €33,932 | -€14,761 | -30.3% |
| Tangible fixed assets | 22/27 | €48,693 | €33,932 | -€14,761 | -30.3% |
| Plant, machinery and equipment | 23 | €404 | €579 | +€175 | +43.4% |
| Furniture and vehicles | 24 | €48,289 | €33,352 | -€14,937 | -30.9% |
| Current assets | 29/58 | €272,523 | €204,636 | -€67,887 | -24.9% |
| Amounts receivable after more than one year | 29 | €161,198 | €165,809 | +€4,610 | +2.9% |
| Other amounts receivable | 291 | €161,198 | €165,809 | +€4,610 | +2.9% |
| Amounts receivable within one year | 40/41 | €107,329 | €37,322 | -€70,007 | -65.2% |
| Trade receivables | 40 | €87,184 | €29,353 | -€57,832 | -66.3% |
| Other amounts receivable | 41 | €20,145 | €7,969 | -€12,176 | -60.4% |
| Cash at bank and in hand | 54/58 | €3,392 | €1,159 | -€2,233 | -65.8% |
| Deferred charges and accrued income | 490/1 | €603 | €346 | -€258 | -42.7% |
| Total equity and liabilities | 10/49 | €321,216 | €238,567 | -€82,649 | -25.7% |
| Equity | 10/15 | €183,971 | €171,767 | -€12,204 | -6.6% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Outside capital | 11 | €12,395 | - | -€12,395 | |
| Other | 1109/19 | €12,395 | - | -€12,395 | |
| Reserves | 13 | €29,859 | €29,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €28,000 | €28,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,717 | €129,513 | -€12,204 | -8.6% |
| Amounts payable | 17/49 | €137,245 | €66,800 | -€70,444 | -51.3% |
| Amounts payable within one year | 42/48 | €137,245 | €66,800 | -€70,444 | -51.3% |
| Financial debts | 43 | €4,998 | €4,969 | -€30 | -0.6% |
| Credit institutions | 430/8 | €4,998 | €4,969 | -€30 | -0.6% |
| Trade debts | 44 | €61,600 | €15,809 | -€45,791 | -74.3% |
| Suppliers | 440/4 | €61,600 | €15,809 | -€45,791 | -74.3% |
| Taxes, remuneration and social security | 45 | €42,753 | €19,813 | -€22,939 | -53.7% |
| Taxes | 450/3 | €41,386 | €19,276 | -€22,110 | -53.4% |
| Remuneration and social security | 454/9 | €1,366 | €537 | -€829 | -60.7% |
| Other amounts payable | 47/48 | €27,893 | €26,209 | -€1,684 | -6.0% |
| Remuneration, social security and pensions | 62 | €48,505 | €12,505 | -€36,001 | -74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,490 | €15,180 | +€5,690 | +60.0% |
| Other operating charges | 640/8 | €2,689 | €0 | -€2,689 | -100.0% |
| Gross operating margin | 9900 | €98,093 | €14,069 | -€84,023 | -85.7% |
| Operating profit (loss) | 9901 | €37,408 | -€13,616 | -€51,024 | |
| Financial income | 75/76B | €4,484 | €4,666 | +€183 | +4.1% |
| Recurring financial income | 75 | €4,484 | €4,666 | +€183 | +4.1% |
| Financial charges | 65/66B | €2,838 | €2,659 | -€179 | -6.3% |
| Recurring financial charges | 65 | €2,838 | €2,659 | -€179 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €39,054 | -€11,608 | -€50,662 | |
| Income taxes | 67/77 | €12,865 | €596 | -€12,269 | -95.4% |
| Profit (loss) for the period | 9904 | €26,189 | -€12,204 | -€38,393 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,189 | -€12,204 | -€38,393 |
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 30 September 2026 via checked.be.