L.C. CONSTRUCT: 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. CONSTRUCT
Largest movements
- Cash +€59,982
up €59,982 (+60.9%), from €98,479 to €158,462
mainly Net result for the year (+€43,824) and Tax, wage and social debts (+€23,789)
- Receivables within one year +€14,030
up €14,030 (+2014.8%), from €696 to €14,726
of which Trade receivables: +€14,147
- Deferred charges and accrued income +€1,823
new in 2025: €1,823
- Reserves +€43,824
up €43,824 (+61.3%), from €71,500 to €115,324
- Tax, wage and social debts +€23,789
up €23,789 (+246.3%), from €9,658 to €33,447
of which Taxes: +€23,789
- Trade debts +€7,233
up €7,233 (+11022.9%), from €66 to €7,299
- Gross operating margin +€50,939
up €50,939 (+86.6%), from €58,821 to €109,760
- Taxes +€14,131
up €14,131 (+146.3%), from €9,658 to €23,789
- Staff costs +€9,550
up €9,550 (+33.4%), from €28,574 to €38,124
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 | €100,845 | €175,636 | +€74,791 | +74.2% |
| Fixed assets | 21/28 | €1,669 | €625 | -€1,044 | -62.5% |
| Tangible fixed assets | 22/27 | €1,669 | €625 | -€1,044 | -62.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,669 | €625 | -€1,044 | -62.5% |
| Current assets | 29/58 | €99,176 | €175,010 | +€75,835 | +76.5% |
| Amounts receivable within one year | 40/41 | €696 | €14,726 | +€14,030 | +2014.8% |
| Trade receivables | 40 | - | €14,147 | +€14,147 | |
| Other amounts receivable | 41 | €696 | €579 | -€117 | -16.9% |
| Cash at bank and in hand | 54/58 | €98,479 | €158,462 | +€59,982 | +60.9% |
| Deferred charges and accrued income | 490/1 | - | €1,823 | +€1,823 | |
| Total equity and liabilities | 10/49 | €100,845 | €175,636 | +€74,791 | +74.2% |
| Equity | 10/15 | €91,066 | €134,890 | +€43,824 | +48.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,500 | €115,324 | +€43,824 | +61.3% |
| Distributable reserves | 133 | €71,500 | €115,324 | +€43,824 | +61.3% |
| Profit (loss) carried forward | 14 | €966 | €966 | = | 0.0% |
| Amounts payable | 17/49 | €9,779 | €40,745 | +€30,966 | +316.7% |
| Amounts payable within one year | 42/48 | €9,779 | €40,745 | +€30,966 | +316.7% |
| Trade debts | 44 | €66 | €7,299 | +€7,233 | +11022.9% |
| Suppliers | 440/4 | €66 | €7,299 | +€7,233 | +11022.9% |
| Taxes, remuneration and social security | 45 | €9,658 | €33,447 | +€23,789 | +246.3% |
| Taxes | 450/3 | €9,658 | €33,447 | +€23,789 | +246.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €56 | - | -€56 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €28,574 | €38,124 | +€9,550 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,903 | €1,044 | -€859 | -45.1% |
| Other operating charges | 640/8 | €3,096 | €3,184 | +€88 | +2.8% |
| Gross operating margin | 9900 | €58,821 | €109,760 | +€50,939 | +86.6% |
| Operating profit (loss) | 9901 | €25,248 | €67,408 | +€42,160 | +167.0% |
| Financial income | 75/76B | €359 | €433 | +€74 | +20.6% |
| Recurring financial income | 75 | €359 | €433 | +€74 | +20.6% |
| Financial charges | 65/66B | €164 | €228 | +€64 | +38.9% |
| Recurring financial charges | 65 | €164 | €228 | +€64 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €25,443 | €67,613 | +€42,170 | +165.7% |
| Income taxes | 67/77 | €9,658 | €23,789 | +€14,131 | +146.3% |
| Profit (loss) for the period | 9904 | €15,785 | €43,824 | +€28,039 | +177.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,785 | €43,824 | +€28,039 | +177.6% |
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 3 October 2026 via checked.be.