LC: 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.
LC
Largest movements
- Tangible fixed assets -€8,324
down €8,324 (-29.7%), from €27,981 to €19,657
- Receivables within one year +€5,805
up €5,805 (+77.0%), from €7,537 to €13,341
of which Other amounts receivable: +€10,377
- Deferred charges and accrued income -€5,206
no longer reported in 2025 (was €5,206)
- Advances received -€7,238
no longer reported in 2025 (was €7,238)
- Debts after one year -€6,193
down €6,193 (-47.1%), from €13,158 to €6,965
- Tax, wage and social debts +€3,563
up €3,563 (+77.7%), from €4,585 to €8,148
- Reserves +€3,034
up €3,034 (+7.2%), from €42,002 to €45,037
- Gross operating margin -€7,517
down €7,517 (-32.2%), from €23,375 to €15,859
- Taxes -€935
down €935 (-21.8%), from €4,293 to €3,358
- Other operating charges -€607
down €607 (-47.4%), from €1,282 to €675
- Financial income +€308
up €308 (+7102.1%), from €4 to €312
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.
Cash bridge derived
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 | €76,164 | €69,400 | -€6,764 | -8.9% |
| Fixed assets | 21/28 | €27,981 | €19,657 | -€8,324 | -29.7% |
| Tangible fixed assets | 22/27 | €27,981 | €19,657 | -€8,324 | -29.7% |
| Furniture and vehicles | 24 | €27,981 | €19,657 | -€8,324 | -29.7% |
| Current assets | 29/58 | €48,183 | €49,743 | +€1,560 | +3.2% |
| Amounts receivable within one year | 40/41 | €7,537 | €13,341 | +€5,805 | +77.0% |
| Trade receivables | 40 | €6,269 | €1,696 | -€4,573 | -72.9% |
| Other amounts receivable | 41 | €1,268 | €11,646 | +€10,377 | +818.3% |
| Current investments | 50/53 | €2,004 | €2,304 | +€299 | +14.9% |
| Cash at bank and in hand | 54/58 | €33,436 | €34,098 | +€662 | +2.0% |
| Deferred charges and accrued income | 490/1 | €5,206 | - | -€5,206 | |
| Total equity and liabilities | 10/49 | €76,164 | €69,400 | -€6,764 | -8.9% |
| Equity | 10/15 | €44,002 | €47,037 | +€3,034 | +6.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €42,002 | €45,037 | +€3,034 | +7.2% |
| Distributable reserves | 133 | €42,002 | €45,037 | +€3,034 | +7.2% |
| Amounts payable | 17/49 | €32,162 | €22,364 | -€9,798 | -30.5% |
| Amounts payable after more than one year | 17 | €13,158 | €6,965 | -€6,193 | -47.1% |
| Financial debts | 170/4 | €13,158 | €6,965 | -€6,193 | -47.1% |
| Amounts payable within one year | 42/48 | €19,004 | €15,099 | -€3,905 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €5,974 | €6,193 | +€219 | +3.7% |
| Trade debts | 44 | €585 | €758 | +€173 | +29.5% |
| Suppliers | 440/4 | €585 | €758 | +€173 | +29.5% |
| Advances received on contracts in progress | 46 | €7,238 | - | -€7,238 | |
| Taxes, remuneration and social security | 45 | €4,585 | €8,148 | +€3,563 | +77.7% |
| Taxes | 450/3 | €4,585 | €8,148 | +€3,563 | +77.7% |
| Other amounts payable | 47/48 | €621 | - | -€621 | |
| Accrued charges and deferred income | 492/3 | - | €299 | +€299 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,324 | €8,324 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,282 | €675 | -€607 | -47.4% |
| Gross operating margin | 9900 | €23,375 | €15,859 | -€7,517 | -32.2% |
| Operating profit (loss) | 9901 | €13,769 | €6,860 | -€6,910 | -50.2% |
| Financial income | 75/76B | €4 | €312 | +€308 | +7102.1% |
| Recurring financial income | 75 | €4 | €312 | +€308 | +7102.1% |
| Financial charges | 65/66B | €998 | €779 | -€218 | -21.9% |
| Recurring financial charges | 65 | €998 | €779 | -€218 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €12,776 | €6,393 | -€6,384 | -50.0% |
| Income taxes | 67/77 | €4,293 | €3,358 | -€935 | -21.8% |
| Profit (loss) for the period | 9904 | €8,483 | €3,034 | -€5,449 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,483 | €3,034 | -€5,449 | -64.2% |
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 10 October 2026 via checked.be.