LACBC: 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.
LACBC
Largest movements
- Cash -€71,172
down €71,172 (-33.6%), from €211,743 to €140,571
mainly Contributions, distributions and other (-€70,000) and Investment in fixed assets (net) (-€56,647)
- Tangible fixed assets +€42,465
up €42,465 (+94.1%), from €45,135 to €87,600
of which Furniture and vehicles: +€42,903
- Receivables within one year +€13,451
up €13,451 (+50.8%), from €26,458 to €39,909
of which Trade receivables: +€26,223
- Deferred charges and accrued income +€3,383
up €3,383 (+84.1%), from €4,021 to €7,403
- Trade debts -€41,936
down €41,936 (-99.1%), from €42,297 to €361
- Other debts +€18,809
up €18,809 (+16.2%), from €115,827 to €134,636
- Tax, wage and social debts +€5,159
up €5,159 (+98.0%), from €5,264 to €10,423
of which Taxes: +€5,347
- Reserves +€3,613
up €3,613 (+3.4%), from €107,849 to €111,462
- Depreciation +€5,016
up €5,016 (+43.0%), from €11,666 to €16,682
- Gross operating margin +€2,795
up €2,795 (+2.3%), from €120,411 to €123,206
- Staff costs +€2,782
up €2,782 (+128%), from €2,170 to €4,952
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 | €289,856 | €275,483 | -€14,373 | -5.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €47,635 | €87,600 | +€39,965 | +83.9% |
| Tangible fixed assets | 22/27 | €45,135 | €87,600 | +€42,465 | +94.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €43,385 | €86,288 | +€42,903 | +98.9% |
| Other tangible fixed assets | 26 | €1,750 | €1,312 | -€438 | -25.0% |
| Financial fixed assets | 28 | €2,500 | €0 | -€2,500 | -100% |
| Current assets | 29/58 | €242,221 | €187,883 | -€54,338 | -22.4% |
| Amounts receivable within one year | 40/41 | €26,458 | €39,909 | +€13,451 | +50.8% |
| Trade receivables | 40 | €13,571 | €39,794 | +€26,223 | +193% |
| Other amounts receivable | 41 | €12,887 | €115 | -€12,772 | -99.1% |
| Cash at bank and in hand | 54/58 | €211,743 | €140,571 | -€71,172 | -33.6% |
| Deferred charges and accrued income | 490/1 | €4,021 | €7,403 | +€3,383 | +84.1% |
| Total equity and liabilities | 10/49 | €289,856 | €275,483 | -€14,373 | -5.0% |
| Equity | 10/15 | €126,449 | €130,062 | +€3,613 | +2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,849 | €111,462 | +€3,613 | +3.4% |
| Distributable reserves | 133 | €107,849 | €111,462 | +€3,613 | +3.4% |
| Amounts payable | 17/49 | €163,407 | €145,420 | -€17,986 | -11.0% |
| Amounts payable within one year | 42/48 | €163,389 | €145,420 | -€17,968 | -11.0% |
| Trade debts | 44 | €42,297 | €361 | -€41,936 | -99.1% |
| Suppliers | 440/4 | €42,297 | €361 | -€41,936 | -99.1% |
| Taxes, remuneration and social security | 45 | €5,264 | €10,423 | +€5,159 | +98.0% |
| Taxes | 450/3 | €5,076 | €10,423 | +€5,347 | +105% |
| Remuneration and social security | 454/9 | €188 | €0 | -€188 | -100% |
| Other amounts payable | 47/48 | €115,827 | €134,636 | +€18,809 | +16.2% |
| Accrued charges and deferred income | 492/3 | €18 | €0 | -€18 | -100% |
| Remuneration, social security and pensions | 62 | €2,170 | €4,952 | +€2,782 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,666 | €16,682 | +€5,016 | +43.0% |
| Other operating charges | 640/8 | €669 | €601 | -€68 | -10.1% |
| Non-recurring operating charges | 66A | - | €1,420 | +€1,420 | |
| Gross operating margin | 9900 | €120,411 | €123,206 | +€2,795 | +2.3% |
| Operating profit (loss) | 9901 | €105,906 | €99,551 | -€6,355 | -6.0% |
| Financial income | 75/76B | €0 | €5 | +€5 | +16,600% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +16,600% |
| Financial charges | 65/66B | €3,850 | €4,898 | +€1,049 | +27.2% |
| Recurring financial charges | 65 | €3,850 | €4,898 | +€1,049 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €102,057 | €94,658 | -€7,399 | -7.2% |
| Income taxes | 67/77 | €21,033 | €21,045 | +€12 | +0.1% |
| Profit (loss) for the period | 9904 | €81,024 | €73,613 | -€7,410 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €81,024 | €73,613 | -€7,410 | -9.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.