LC² Advisors: 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.
LC² Advisors
Largest movements
- Current investments +€250,000
up €250,000 (+50.0%), from €500,000 to €750,000
- Cash -€32,940
down €32,940 (-41.4%), from €79,643 to €46,704
mainly Current investments (-€250,000) and Receivables within one year (-€2,927)
- Profit (loss) carried forward +€220,406
up €220,406 (+35.0%), from €629,007 to €849,413
- Gross operating margin +€10,072
up €10,072 (+3.7%), from €270,276 to €280,348
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 | €715,193 | €937,757 | +€222,563 | +31.1% |
| Fixed assets | 21/28 | - | €2,257 | +€2,257 | |
| Tangible fixed assets | 22/27 | - | €2,257 | +€2,257 | |
| Furniture and vehicles | 24 | - | €2,257 | +€2,257 | |
| Current assets | 29/58 | €715,193 | €935,500 | +€220,307 | +30.8% |
| Amounts receivable within one year | 40/41 | €135,000 | €137,927 | +€2,927 | +2.2% |
| Trade receivables | 40 | €135,000 | €137,927 | +€2,927 | +2.2% |
| Current investments | 50/53 | €500,000 | €750,000 | +€250,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €79,643 | €46,704 | -€32,940 | -41.4% |
| Deferred charges and accrued income | 490/1 | €550 | €869 | +€319 | +58.1% |
| Total equity and liabilities | 10/49 | €715,193 | €937,757 | +€222,563 | +31.1% |
| Equity | 10/15 | €639,007 | €859,413 | +€220,406 | +34.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €629,007 | €849,413 | +€220,406 | +35.0% |
| Amounts payable | 17/49 | €76,186 | €78,344 | +€2,158 | +2.8% |
| Amounts payable within one year | 42/48 | €76,021 | €77,943 | +€1,922 | +2.5% |
| Trade debts | 44 | €1,867 | €1,250 | -€618 | -33.1% |
| Suppliers | 440/4 | €1,867 | €1,250 | -€618 | -33.1% |
| Taxes, remuneration and social security | 45 | €70,309 | €73,156 | +€2,847 | +4.0% |
| Taxes | 450/3 | €70,309 | €73,156 | +€2,847 | +4.0% |
| Other amounts payable | 47/48 | €3,845 | €3,537 | -€308 | -8.0% |
| Accrued charges and deferred income | 492/3 | €165 | €401 | +€236 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €103 | +€103 | |
| Other operating charges | 640/8 | €1,823 | €1,893 | +€70 | +3.9% |
| Gross operating margin | 9900 | €270,276 | €280,348 | +€10,072 | +3.7% |
| Operating profit (loss) | 9901 | €268,453 | €278,351 | +€9,898 | +3.7% |
| Financial income | 75/76B | €12,022 | €10,267 | -€1,754 | -14.6% |
| Recurring financial income | 75 | €12,022 | €10,267 | -€1,754 | -14.6% |
| Financial charges | 65/66B | €120 | €226 | +€106 | +87.9% |
| Recurring financial charges | 65 | €120 | €226 | +€106 | +87.9% |
| Profit (loss) for the period before taxes | 9903 | €280,355 | €288,393 | +€8,038 | +2.9% |
| Income taxes | 67/77 | €65,323 | €67,987 | +€2,664 | +4.1% |
| Profit (loss) for the period | 9904 | €215,032 | €220,406 | +€5,374 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €215,032 | €220,406 | +€5,374 | +2.5% |
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 20 October 2026 via checked.be.