L.M.C. 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.M.C. CONSTRUCTION
Largest movements
- Tangible fixed assets -€24,966
down €24,966 (-28.3%), from €88,351 to €63,385
of which Furniture and vehicles: -€24,670
- Receivables within one year +€13,670
up €13,670 (+15.1%), from €90,570 to €104,240
of which Other amounts receivable: +€20,061
- Cash -€7,237
down €7,237 (-16.9%), from €42,823 to €35,586
mainly Debts after one year (-€13,794) and Receivables within one year (-€13,670)
- Stocks and contracts -€4,131
down €4,131 (-79.4%), from €5,206 to €1,075
of which Contracts in progress: -€2,800
- Debts after one year -€13,794
down €13,794 (-19.7%), from €70,185 to €56,391
- Tax, wage and social debts -€11,362
down €11,362 (-30.2%), from €37,610 to €26,248
of which Taxes: -€7,027
- Other debts -€5,422
down €5,422 (-93.1%), from €5,826 to €405
- Reserves +€5,114
up €5,114 (+14.6%), from €35,031 to €40,146
- Accrued charges and deferred income +€3,453
new in 2025: €3,453
- Staff costs +€15,947
up €15,947 (+12.4%), from €128,505 to €144,453
- Financial charges -€11,860
down €11,860 (-71.0%), from €16,697 to €4,838
of which Non-recurring financial charges: -€10,102
- Gross operating margin +€7,188
up €7,188 (+4.1%), from €176,188 to €183,377
- Financial income +€4,371
up €4,371 (+1,296%), from €337 to €4,709
of which Non-recurring financial income: +€4,143
- Other operating charges +€2,331
up €2,331 (+69.0%), from €3,377 to €5,708
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 | €233,734 | €210,549 | -€23,185 | -9.9% |
| Fixed assets | 21/28 | €88,557 | €63,591 | -€24,966 | -28.2% |
| Tangible fixed assets | 22/27 | €88,351 | €63,385 | -€24,966 | -28.3% |
| Plant, machinery and equipment | 23 | €296 | €0 | -€296 | -100% |
| Furniture and vehicles | 24 | €88,055 | €63,385 | -€24,670 | -28.0% |
| Financial fixed assets | 28 | €206 | €206 | = | 0.0% |
| Current assets | 29/58 | €145,177 | €146,958 | +€1,781 | +1.2% |
| Stocks and contracts in progress | 3 | €5,206 | €1,075 | -€4,131 | -79.4% |
| Stocks | 30/36 | €2,406 | €1,075 | -€1,331 | -55.3% |
| Contracts in progress | 37 | €2,800 | - | -€2,800 | |
| Amounts receivable within one year | 40/41 | €90,570 | €104,240 | +€13,670 | +15.1% |
| Trade receivables | 40 | €82,744 | €76,352 | -€6,392 | -7.7% |
| Other amounts receivable | 41 | €7,826 | €27,888 | +€20,061 | +256% |
| Cash at bank and in hand | 54/58 | €42,823 | €35,586 | -€7,237 | -16.9% |
| Deferred charges and accrued income | 490/1 | €6,578 | €6,057 | -€521 | -7.9% |
| Total equity and liabilities | 10/49 | €233,734 | €210,549 | -€23,185 | -9.9% |
| Equity | 10/15 | €75,560 | €80,674 | +€5,114 | +6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,031 | €40,146 | +€5,114 | +14.6% |
| Distributable reserves | 133 | €35,031 | €40,146 | +€5,114 | +14.6% |
| Profit (loss) carried forward | 14 | €34,328 | €34,328 | = | 0.0% |
| Amounts payable | 17/49 | €158,175 | €129,875 | -€28,299 | -17.9% |
| Amounts payable after more than one year | 17 | €70,185 | €56,391 | -€13,794 | -19.7% |
| Financial debts | 170/4 | €70,185 | €56,391 | -€13,794 | -19.7% |
| Amounts payable within one year | 42/48 | €87,990 | €70,032 | -€17,958 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €13,172 | €13,794 | +€622 | +4.7% |
| Financial debts | 43 | - | €1,273 | +€1,273 | |
| Credit institutions | 430/8 | - | €1,273 | +€1,273 | |
| Trade debts | 44 | €31,382 | €28,313 | -€3,069 | -9.8% |
| Suppliers | 440/4 | €31,382 | €28,313 | -€3,069 | -9.8% |
| Taxes, remuneration and social security | 45 | €37,610 | €26,248 | -€11,362 | -30.2% |
| Taxes | 450/3 | €13,901 | €6,873 | -€7,027 | -50.6% |
| Remuneration and social security | 454/9 | €23,709 | €19,375 | -€4,335 | -18.3% |
| Other amounts payable | 47/48 | €5,826 | €405 | -€5,422 | -93.1% |
| Accrued charges and deferred income | 492/3 | - | €3,453 | +€3,453 | |
| Remuneration, social security and pensions | 62 | €128,505 | €144,453 | +€15,947 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,985 | €24,966 | -€19 | -0.1% |
| Other operating charges | 640/8 | €3,377 | €5,708 | +€2,331 | +69.0% |
| Gross operating margin | 9900 | €176,188 | €183,377 | +€7,188 | +4.1% |
| Operating profit (loss) | 9901 | €19,321 | €8,250 | -€11,071 | -57.3% |
| Financial income | 75/76B | €337 | €4,709 | +€4,371 | +1,296% |
| Recurring financial income | 75 | €337 | €565 | +€228 | +67.6% |
| Non-recurring financial income | 76B | - | €4,143 | +€4,143 | |
| Financial charges | 65/66B | €16,697 | €4,838 | -€11,860 | -71.0% |
| Recurring financial charges | 65 | €6,595 | €4,838 | -€1,758 | -26.6% |
| Non-recurring financial charges | 66B | €10,102 | - | -€10,102 | |
| Profit (loss) for the period before taxes | 9903 | €2,961 | €8,121 | +€5,160 | +174% |
| Income taxes | 67/77 | €1,898 | €3,007 | +€1,109 | +58.4% |
| Profit (loss) for the period | 9904 | €1,063 | €5,114 | +€4,051 | +381% |
| Profit (loss) for the period to be appropriated | 9905 | €1,063 | €5,114 | +€4,051 | +381% |
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 28 October 2026 via checked.be.