L.C.G.CONSTRUCTION: 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.
L.C.G.CONSTRUCTION
Largest movements
- Receivables within one year +€11,578
up €11,578 (+25.0%), from €46,315 to €57,893
of which Trade receivables: +€16,276
- Tangible fixed assets -€9,106
down €9,106 (-34.3%), from €26,541 to €17,435
of which Plant, machinery and equipment: -€8,112
- Cash +€7,200
up €7,200 (+1,607%), from €448 to €7,648
mainly Net result for the year (+€14,339) and Depreciation (+€9,106)
- Profit (loss) carried forward +€14,339
up €14,339 (+151%), from €9,527 to €23,866
- Accrued charges and deferred income -€5,485
no longer reported in 2025 (was €5,485)
- Debts after one year -€4,060
down €4,060 (-22.6%), from €17,950 to €13,890
- Trade debts +€3,458
up €3,458 (+35.3%), from €9,807 to €13,265
- Current portion of long-term debt +€2,564
up €2,564 (+21.7%), from €11,838 to €14,402
- Purchases and services -€29,515
down €29,515 (-11.0%), from €268,719 to €239,204
- Gross operating margin +€27,745
up €27,745 (+394%), from €7,038 to €34,783
- Taxes +€3,585
new in 2025: €3,585
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 | €87,308 | €96,473 | +€9,165 | +10.5% |
| Fixed assets | 21/28 | €27,041 | €17,935 | -€9,106 | -33.7% |
| Tangible fixed assets | 22/27 | €26,541 | €17,435 | -€9,106 | -34.3% |
| Plant, machinery and equipment | 23 | €23,924 | €15,812 | -€8,112 | -33.9% |
| Furniture and vehicles | 24 | €2,617 | €1,623 | -€994 | -38.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €60,267 | €78,538 | +€18,271 | +30.3% |
| Stocks and contracts in progress | 3 | €10,823 | €10,795 | -€28 | -0.3% |
| Stocks | 30/36 | €10,823 | €10,795 | -€28 | -0.3% |
| Amounts receivable within one year | 40/41 | €46,315 | €57,893 | +€11,578 | +25.0% |
| Trade receivables | 40 | €36,923 | €53,199 | +€16,276 | +44.1% |
| Other amounts receivable | 41 | €9,392 | €4,694 | -€4,698 | -50.0% |
| Cash at bank and in hand | 54/58 | €448 | €7,648 | +€7,200 | +1,607% |
| Deferred charges and accrued income | 490/1 | €2,681 | €2,202 | -€479 | -17.9% |
| Total equity and liabilities | 10/49 | €87,308 | €96,473 | +€9,165 | +10.5% |
| Equity | 10/15 | €28,685 | €43,024 | +€14,339 | +50.0% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Capital | 10 | €18,750 | €18,750 | = | 0.0% |
| Issued capital | 100 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €408 | €408 | = | 0.0% |
| Non-distributable reserves | 130/1 | €408 | €408 | = | 0.0% |
| Legal reserve | 130 | €408 | €408 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,527 | €23,866 | +€14,339 | +151% |
| Amounts payable | 17/49 | €58,623 | €53,449 | -€5,174 | -8.8% |
| Amounts payable after more than one year | 17 | €17,950 | €13,890 | -€4,060 | -22.6% |
| Financial debts | 170/4 | €17,950 | €13,890 | -€4,060 | -22.6% |
| Amounts payable within one year | 42/48 | €35,188 | €39,559 | +€4,371 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €11,838 | €14,402 | +€2,564 | +21.7% |
| Trade debts | 44 | €9,807 | €13,265 | +€3,458 | +35.3% |
| Suppliers | 440/4 | €9,807 | €13,265 | +€3,458 | +35.3% |
| Taxes, remuneration and social security | 45 | €13,543 | €11,892 | -€1,651 | -12.2% |
| Taxes | 450/3 | €13,500 | €3,585 | -€9,915 | -73.4% |
| Remuneration and social security | 454/9 | €43 | €8,307 | +€8,264 | +19,219% |
| Accrued charges and deferred income | 492/3 | €5,485 | - | -€5,485 | |
| Turnover | 70 | €275,757 | €273,988 | -€1,769 | -0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €268,719 | €239,204 | -€29,515 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,106 | €9,106 | = | 0.0% |
| Other operating charges | 640/8 | €673 | €793 | +€120 | +17.8% |
| Gross operating margin | 9900 | €7,038 | €34,783 | +€27,745 | +394% |
| Operating profit (loss) | 9901 | -€2,741 | €24,884 | +€27,625 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4,733 | €6,961 | +€2,228 | +47.1% |
| Recurring financial charges | 65 | €4,726 | €4,951 | +€225 | +4.8% |
| Non-recurring financial charges | 66B | €7 | €2,010 | +€2,003 | +28,614% |
| Profit (loss) for the period before taxes | 9903 | -€7,474 | €17,924 | +€25,398 | |
| Income taxes | 67/77 | - | €3,585 | +€3,585 | |
| Profit (loss) for the period | 9904 | -€7,474 | €14,339 | +€21,813 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,474 | €14,339 | +€21,813 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.