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LBCS HOLDING: what changed

Two fiscal 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.

What changed

LBCS HOLDING

BE 0801.278.396
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€248,868
2024 · €189,103+€59,765
Equity
€465,812
2024 · €216,945+€248,868
Cash
€8,889
2024 · €22,309-€13,420
Balance sheet total
€2.1m
2024 · €2.1m-€13,420

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward +€248,868

      up €248,868 (+117.4%), from €211,945 to €460,812

    • Debts after one year -€207,069

      down €207,069 (-16.0%), from €1.3m to €1.1m

    • Other debts -€56,000

      down €56,000 (-31.2%), from €179,625 to €123,625

    Income statement
    • Financial income +€70,000

      up €70,000 (+28.2%), from €248,000 to €318,000

    • Financial charges +€18,938

      up €18,938 (+42.4%), from €44,654 to €63,592

    • Gross operating margin +€8,762

      up €8,762 (+63.2%), from -€13,859 to -€5,097

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 €189,103
    Gross operating margin +€8,762
    Other operating charges -€59
    Financial income +€70,000
    Financial charges -€18,938
    Result 2025 €248,868

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations +€189,543
    Investment €0
    Financing -€202,964
    Cash 2024 €22,309
    Net result for the year +€248,868
    Trade debts -€136
    Tax, wage and social debts -€3,188
    Other debts -€56,000
    Debts after one year -€207,069
    Current portion of long-term debt +€4,105
    Cash 2025 €8,889
    Every line side by side 31 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €2,132,309 €2,118,889 -€13,420 -0.6%
    Fixed assets 21/28 €2,110,000 €2,110,000 = 0.0%
    Financial fixed assets 28 €2,110,000 €2,110,000 = 0.0%
    Current assets 29/58 €22,309 €8,889 -€13,420 -60.2%
    Cash at bank and in hand 54/58 €22,309 €8,889 -€13,420 -60.2%
    Total equity and liabilities 10/49 €2,132,309 €2,118,889 -€13,420 -0.6%
    Equity 10/15 €216,945 €465,812 +€248,868 +114.7%
    Contributions 10/11 €5,000 €5,000 = 0.0%
    Profit (loss) carried forward 14 €211,945 €460,812 +€248,868 +117.4%
    Amounts payable 17/49 €1,915,365 €1,653,077 -€262,288 -13.7%
    Amounts payable after more than one year 17 €1,294,001 €1,086,932 -€207,069 -16.0%
    Financial debts 170/4 €1,294,001 €1,086,932 -€207,069 -16.0%
    Amounts payable within one year 42/48 €621,364 €566,145 -€55,219 -8.9%
    Current portion of amounts payable after more than one year 42 €188,414 €192,520 +€4,105 +2.2%
    Financial debts 43 €250,000 €250,000 = 0.0%
    Credit institutions 430/8 €250,000 €250,000 = 0.0%
    Trade debts 44 €136 - -€136
    Suppliers 440/4 €136 - -€136
    Taxes, remuneration and social security 45 €3,188 - -€3,188
    Taxes 450/3 €3,188 - -€3,188
    Other amounts payable 47/48 €179,625 €123,625 -€56,000 -31.2%
    Other operating charges 640/8 €384 €443 +€59 +15.3%
    Gross operating margin 9900 -€13,859 -€5,097 +€8,762 +63.2%
    Operating profit (loss) 9901 -€14,243 -€5,540 +€8,703 +61.1%
    Financial income 75/76B €248,000 €318,000 +€70,000 +28.2%
    Recurring financial income 75 €248,000 €318,000 +€70,000 +28.2%
    Financial charges 65/66B €44,654 €63,592 +€18,938 +42.4%
    Recurring financial charges 65 €44,654 €63,592 +€18,938 +42.4%
    Profit (loss) for the period before taxes 9903 €189,103 €248,868 +€59,765 +31.6%
    Profit (loss) for the period 9904 €189,103 €248,868 +€59,765 +31.6%
    Profit (loss) for the period to be appropriated 9905 €189,103 €248,868 +€59,765 +31.6%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.