L.C.S: 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.S
Largest movements
- Tangible fixed assets -€15,908
down €15,908 (-86.7%), from €18,342 to €2,435
- Receivables within one year +€12,156
up €12,156 (+19.7%), from €61,714 to €73,870
of which Other amounts receivable: +€14,287
- Deferred charges and accrued income +€2,483
up €2,483 (+872%), from €285 to €2,768
- Tax, wage and social debts -€8,968
down €8,968 (-28.6%), from €31,412 to €22,443
- Reserves +€8,035
up €8,035 (+25.0%), from €32,129 to €40,164
- Trade debts +€4,789
up €4,789 (+122%), from €3,930 to €8,720
- Debts after one year -€4,097
down €4,097 (-40.1%), from €10,223 to €6,126
- Profit (loss) carried forward -€1,008
down €1,008 (-100%), from €1,008 to €0
- Gross operating margin -€15,321
down €15,321 (-41.7%), from €36,714 to €21,393
- Depreciation -€4,695
down €4,695 (-85.9%), from €5,463 to €768
- Taxes -€4,601
down €4,601 (-44.9%), from €10,252 to €5,651
- Financial charges +€674
up €674 (+12.2%), from €5,520 to €6,194
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 | €83,121 | €82,050 | -€1,071 | -1.3% |
| Fixed assets | 21/28 | €18,342 | €2,435 | -€15,908 | -86.7% |
| Tangible fixed assets | 22/27 | €18,342 | €2,435 | -€15,908 | -86.7% |
| Furniture and vehicles | 24 | €18,342 | €2,435 | -€15,908 | -86.7% |
| Current assets | 29/58 | €64,778 | €79,615 | +€14,837 | +22.9% |
| Amounts receivable within one year | 40/41 | €61,714 | €73,870 | +€12,156 | +19.7% |
| Trade receivables | 40 | €18,302 | €16,171 | -€2,131 | -11.6% |
| Other amounts receivable | 41 | €43,412 | €57,699 | +€14,287 | +32.9% |
| Cash at bank and in hand | 54/58 | €2,779 | €2,977 | +€198 | +7.1% |
| Deferred charges and accrued income | 490/1 | €285 | €2,768 | +€2,483 | +872% |
| Total equity and liabilities | 10/49 | €83,121 | €82,050 | -€1,071 | -1.3% |
| Equity | 10/15 | €33,637 | €40,664 | +€7,027 | +20.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €32,129 | €40,164 | +€8,035 | +25.0% |
| Distributable reserves | 133 | €32,129 | €40,164 | +€8,035 | +25.0% |
| Profit (loss) carried forward | 14 | €1,008 | €0 | -€1,008 | -100% |
| Amounts payable | 17/49 | €49,483 | €41,386 | -€8,097 | -16.4% |
| Amounts payable after more than one year | 17 | €10,223 | €6,126 | -€4,097 | -40.1% |
| Financial debts | 170/4 | €10,223 | €6,126 | -€4,097 | -40.1% |
| Amounts payable within one year | 42/48 | €39,261 | €35,260 | -€4,000 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €3,919 | €4,097 | +€178 | +4.6% |
| Trade debts | 44 | €3,930 | €8,720 | +€4,789 | +122% |
| Suppliers | 440/4 | €3,930 | €8,720 | +€4,789 | +122% |
| Taxes, remuneration and social security | 45 | €31,412 | €22,443 | -€8,968 | -28.6% |
| Taxes | 450/3 | €31,412 | €22,443 | -€8,968 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,463 | €768 | -€4,695 | -85.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,057 | €1,738 | -€319 | -15.5% |
| Non-recurring operating charges | 66A | - | €2,743 | +€2,743 | |
| Gross operating margin | 9900 | €36,714 | €21,393 | -€15,321 | -41.7% |
| Operating profit (loss) | 9901 | €29,193 | €16,144 | -€13,049 | -44.7% |
| Financial income | 75/76B | €2,626 | €2,728 | +€102 | +3.9% |
| Recurring financial income | 75 | €2,626 | €2,728 | +€102 | +3.9% |
| Financial charges | 65/66B | €5,520 | €6,194 | +€674 | +12.2% |
| Recurring financial charges | 65 | €5,520 | €6,194 | +€674 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €26,299 | €12,678 | -€13,621 | -51.8% |
| Income taxes | 67/77 | €10,252 | €5,651 | -€4,601 | -44.9% |
| Profit (loss) for the period | 9904 | €16,046 | €7,027 | -€9,020 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,046 | €7,027 | -€9,020 | -56.2% |
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 25 October 2026 via checked.be.