L.C.K.- TRANS: 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.K.- TRANS
Largest movements
- Cash +€24,091
up €24,091 (+24.5%), from €98,435 to €122,526
mainly Trade debts (+€49,438) and Receivables after one year (+€10,000)
- Receivables within one year +€15,728
up €15,728 (+20.8%), from €75,560 to €91,288
of which Trade receivables: +€14,119
- Deferred charges and accrued income +€13,673
up €13,673 (+56.4%), from €24,255 to €37,928
- Receivables after one year -€10,000
no longer reported in 2025 (was €10,000)
- Stocks and contracts +€3,500
new in 2025: €3,500
- Trade debts +€49,438
up €49,438 (+1,488%), from €3,323 to €52,761
- Reserves +€9,481
up €9,481 (+4.6%), from €208,205 to €217,686
of which Distributable reserves: +€9,481
- Tax, wage and social debts -€8,987
down €8,987 (-52.6%), from €17,090 to €8,103
of which Taxes: -€8,987
- Gross operating margin -€25,213
down €25,213 (-47.1%), from €53,492 to €28,279
- Taxes -€8,154
down €8,154 (-66.3%), from €12,296 to €4,142
- Financial income -€1,931
down €1,931 (-75.3%), from €2,563 to €632
- Other operating charges +€1,717
up €1,717 (+52.6%), from €3,267 to €4,984
- Depreciation +€1,346
up €1,346 (+15.9%), from €8,486 to €9,832
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 | €236,190 | €284,750 | +€48,560 | +20.6% |
| Fixed assets | 21/28 | €27,940 | €29,508 | +€1,568 | +5.6% |
| Tangible fixed assets | 22/27 | €27,730 | €29,298 | +€1,568 | +5.7% |
| Plant, machinery and equipment | 23 | €7,045 | €8,830 | +€1,785 | +25.3% |
| Furniture and vehicles | 24 | €15,703 | €16,778 | +€1,075 | +6.8% |
| Other tangible fixed assets | 26 | €4,982 | €3,690 | -€1,292 | -25.9% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €208,250 | €255,242 | +€46,992 | +22.6% |
| Amounts receivable after more than one year | 29 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 291 | €10,000 | - | -€10,000 | |
| Stocks and contracts in progress | 3 | - | €3,500 | +€3,500 | |
| Stocks | 30/36 | - | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €75,560 | €91,288 | +€15,728 | +20.8% |
| Trade receivables | 40 | €22,787 | €36,906 | +€14,119 | +62.0% |
| Other amounts receivable | 41 | €52,773 | €54,382 | +€1,609 | +3.0% |
| Cash at bank and in hand | 54/58 | €98,435 | €122,526 | +€24,091 | +24.5% |
| Deferred charges and accrued income | 490/1 | €24,255 | €37,928 | +€13,673 | +56.4% |
| Total equity and liabilities | 10/49 | €236,190 | €284,750 | +€48,560 | +20.6% |
| Equity | 10/15 | €214,405 | €223,886 | +€9,481 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €208,205 | €217,686 | +€9,481 | +4.6% |
| Tax-exempt reserves | 132 | €40,748 | €40,748 | = | 0.0% |
| Distributable reserves | 133 | €167,457 | €176,938 | +€9,481 | +5.7% |
| Amounts payable | 17/49 | €21,785 | €60,864 | +€39,079 | +179% |
| Amounts payable within one year | 42/48 | €21,785 | €60,864 | +€39,079 | +179% |
| Trade debts | 44 | €3,323 | €52,761 | +€49,438 | +1,488% |
| Suppliers | 440/4 | €3,323 | €52,761 | +€49,438 | +1,488% |
| Taxes, remuneration and social security | 45 | €17,090 | €8,103 | -€8,987 | -52.6% |
| Taxes | 450/3 | €14,510 | €5,523 | -€8,987 | -61.9% |
| Remuneration and social security | 454/9 | €2,580 | €2,580 | = | 0.0% |
| Other amounts payable | 47/48 | €1,372 | - | -€1,372 | |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,486 | €9,832 | +€1,346 | +15.9% |
| Other operating charges | 640/8 | €3,267 | €4,984 | +€1,717 | +52.6% |
| Gross operating margin | 9900 | €53,492 | €28,279 | -€25,213 | -47.1% |
| Operating profit (loss) | 9901 | €41,739 | €13,463 | -€28,276 | -67.7% |
| Financial income | 75/76B | €2,563 | €632 | -€1,931 | -75.3% |
| Recurring financial income | 75 | €2,563 | €632 | -€1,931 | -75.3% |
| Financial charges | 65/66B | €409 | €472 | +€63 | +15.4% |
| Recurring financial charges | 65 | €409 | €472 | +€63 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €43,893 | €13,623 | -€30,270 | -69.0% |
| Income taxes | 67/77 | €12,296 | €4,142 | -€8,154 | -66.3% |
| Profit (loss) for the period | 9904 | €31,597 | €9,481 | -€22,116 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,597 | €9,481 | -€22,116 | -70.0% |
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 30 October 2026 via checked.be.