L.C.-PARTNERS: 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.-PARTNERS
Largest movements
- Receivables within one year +€149,178
up €149,178 (+11.8%), from €1.3m to €1.4m
of which Other amounts receivable: +€77,165
- Debts after one year -€928,000
down €928,000 (-100%), from €928,000 to €0
- Other debts +€850,991
up €850,991 (+41.3%), from €2.1m to €2.9m
- Profit (loss) carried forward +€189,883
up €189,883 (+7.4%), from €2.6m to €2.8m
- Gross operating margin -€209,702
down €209,702 (-26.1%), from €802,639 to €592,937
- Write-downs -€55,090
down €55,090 (-18.5%), from €298,000 to €242,910
- Financial charges -€25,772
down €25,772 (-11.0%), from €233,260 to €207,488
- Financial income -€25,499
down €25,499 (-34.4%), from €74,233 to €48,734
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 | €11,724,911 | €11,841,492 | +€116,581 | +1.0% |
| Fixed assets | 21/28 | €10,366,482 | €10,366,206 | -€277 | 0.0% |
| Tangible fixed assets | 22/27 | €277 | €0 | -€277 | -100% |
| Furniture and vehicles | 24 | €277 | €0 | -€277 | -100% |
| Financial fixed assets | 28 | €10,366,206 | €10,366,206 | = | 0.0% |
| Current assets | 29/58 | €1,358,428 | €1,475,286 | +€116,858 | +8.6% |
| Amounts receivable within one year | 40/41 | €1,261,080 | €1,410,258 | +€149,178 | +11.8% |
| Trade receivables | 40 | €0 | €72,013 | +€72,013 | |
| Other amounts receivable | 41 | €1,261,080 | €1,338,246 | +€77,165 | +6.1% |
| Current investments | 50/53 | €2,487 | €1,717 | -€770 | -31.0% |
| Cash at bank and in hand | 54/58 | €94,861 | €63,311 | -€31,550 | -33.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €11,724,911 | €11,841,492 | +€116,581 | +1.0% |
| Equity | 10/15 | €8,620,053 | €8,809,936 | +€189,883 | +2.2% |
| Contributions | 10/11 | €5,632,372 | €5,632,372 | = | 0.0% |
| Capital | 10 | €5,632,372 | €5,632,372 | = | 0.0% |
| Issued capital | 100 | €5,632,372 | €5,632,372 | = | 0.0% |
| Reserves | 13 | €425,247 | €425,247 | = | 0.0% |
| Non-distributable reserves | 130/1 | €425,247 | €425,247 | = | 0.0% |
| Legal reserve | 130 | €425,247 | €425,247 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,562,435 | €2,752,318 | +€189,883 | +7.4% |
| Amounts payable | 17/49 | €3,104,857 | €3,031,556 | -€73,302 | -2.4% |
| Amounts payable after more than one year | 17 | €928,000 | €0 | -€928,000 | -100% |
| Other amounts payable | 178/9 | €928,000 | €0 | -€928,000 | -100% |
| Amounts payable within one year | 42/48 | €2,111,276 | €2,961,906 | +€850,630 | +40.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €47 | €0 | -€47 | -100% |
| Suppliers | 440/4 | €47 | €0 | -€47 | -100% |
| Taxes, remuneration and social security | 45 | €48,571 | €48,257 | -€314 | -0.6% |
| Taxes | 450/3 | €48,571 | €48,257 | -€314 | -0.6% |
| Other amounts payable | 47/48 | €2,062,658 | €2,913,649 | +€850,991 | +41.3% |
| Accrued charges and deferred income | 492/3 | €65,581 | €69,650 | +€4,068 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423 | €277 | -€146 | -34.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €298,000 | €242,910 | -€55,090 | -18.5% |
| Other operating charges | 640/8 | €1,451 | €1,112 | -€339 | -23.4% |
| Gross operating margin | 9900 | €802,639 | €592,937 | -€209,702 | -26.1% |
| Operating profit (loss) | 9901 | €502,766 | €348,639 | -€154,126 | -30.7% |
| Financial income | 75/76B | €74,233 | €48,734 | -€25,499 | -34.4% |
| Recurring financial income | 75 | €74,233 | €48,734 | -€25,499 | -34.4% |
| Financial charges | 65/66B | €233,260 | €207,488 | -€25,772 | -11.0% |
| Recurring financial charges | 65 | €233,260 | €207,488 | -€25,772 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €343,739 | €189,885 | -€153,854 | -44.8% |
| Income taxes | 67/77 | €2 | €2 | +€0 | +4.2% |
| Profit (loss) for the period | 9904 | €343,737 | €189,883 | -€153,854 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €343,737 | €189,883 | -€153,854 | -44.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.