LACEMCO: 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.
LACEMCO
Largest movements
- Cash +€37,471
up €37,471 (+81.7%), from €45,837 to €83,307
mainly Depreciation (+€35,242) and Receivables within one year (+€28,826)
- Receivables within one year -€28,826
down €28,826 (-31.2%), from €92,482 to €63,655
of which Other amounts receivable: -€26,726
- Tangible fixed assets +€25,725
up €25,725 (+2.4%), from €1.1m to €1.1m
- Current portion of long-term debt +€19,367
up €19,367 (+216%), from €8,962 to €28,329
- Trade debts +€18,912
up €18,912 (+141%), from €13,379 to €32,292
- Gross operating margin +€12,417
up €12,417 (+19.3%), from €64,365 to €76,782
- Depreciation +€4,815
up €4,815 (+15.8%), from €30,426 to €35,242
- Taxes +€2,004
up €2,004 (+926%), from €216 to €2,220
- Other operating charges -€847
down €847 (-3.1%), from €27,697 to €26,850
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 | €1,198,165 | €1,232,566 | +€34,401 | +2.9% |
| Fixed assets | 21/28 | €1,057,611 | €1,083,336 | +€25,725 | +2.4% |
| Tangible fixed assets | 22/27 | €1,057,611 | €1,083,336 | +€25,725 | +2.4% |
| Land and buildings | 22 | €1,057,611 | €1,083,336 | +€25,725 | +2.4% |
| Current assets | 29/58 | €140,554 | €149,229 | +€8,676 | +6.2% |
| Amounts receivable within one year | 40/41 | €92,482 | €63,655 | -€28,826 | -31.2% |
| Trade receivables | 40 | €2,100 | - | -€2,100 | |
| Other amounts receivable | 41 | €90,382 | €63,655 | -€26,726 | -29.6% |
| Cash at bank and in hand | 54/58 | €45,837 | €83,307 | +€37,471 | +81.7% |
| Deferred charges and accrued income | 490/1 | €2,235 | €2,267 | +€31 | +1.4% |
| Total equity and liabilities | 10/49 | €1,198,165 | €1,232,566 | +€34,401 | +2.9% |
| Equity | 10/15 | €1,057,720 | €1,066,833 | +€9,113 | +0.9% |
| Contributions | 10/11 | €786,400 | €786,400 | = | 0.0% |
| Reserves | 13 | €199,112 | €208,225 | +€9,113 | +4.6% |
| Distributable reserves | 133 | €199,112 | €208,225 | +€9,113 | +4.6% |
| Profit (loss) carried forward | 14 | €72,208 | €72,208 | = | 0.0% |
| Amounts payable | 17/49 | €140,445 | €165,733 | +€25,288 | +18.0% |
| Amounts payable after more than one year | 17 | €55,391 | €49,731 | -€5,659 | -10.2% |
| Financial debts | 170/4 | €55,391 | €49,731 | -€5,659 | -10.2% |
| Amounts payable within one year | 42/48 | €77,055 | €116,002 | +€38,947 | +50.5% |
| Current portion of amounts payable after more than one year | 42 | €8,962 | €28,329 | +€19,367 | +216% |
| Trade debts | 44 | €13,379 | €32,292 | +€18,912 | +141% |
| Suppliers | 440/4 | €13,379 | €32,292 | +€18,912 | +141% |
| Taxes, remuneration and social security | 45 | €244 | €911 | +€667 | +273% |
| Taxes | 450/3 | €244 | €911 | +€667 | +273% |
| Other amounts payable | 47/48 | €54,470 | €54,470 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,426 | €35,242 | +€4,815 | +15.8% |
| Other operating charges | 640/8 | €27,697 | €26,850 | -€847 | -3.1% |
| Gross operating margin | 9900 | €64,365 | €76,782 | +€12,417 | +19.3% |
| Operating profit (loss) | 9901 | €6,242 | €14,690 | +€8,449 | +135% |
| Financial income | 75/76B | €53 | €124 | +€70 | +131% |
| Recurring financial income | 75 | €53 | €124 | +€70 | +131% |
| Financial charges | 65/66B | €3,638 | €3,480 | -€158 | -4.3% |
| Recurring financial charges | 65 | €3,638 | €3,480 | -€158 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €2,657 | €11,333 | +€8,677 | +327% |
| Income taxes | 67/77 | €216 | €2,220 | +€2,004 | +926% |
| Profit (loss) for the period | 9904 | €2,440 | €9,113 | +€6,673 | +273% |
| Profit (loss) for the period to be appropriated | 9905 | €2,440 | €9,113 | +€6,673 | +273% |
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 24 October 2026 via checked.be.