LC CONTRACTORS: 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 CONTRACTORS
Largest movements
- Tangible fixed assets +€51,136
up €51,136 (+2,559%), from €1,998 to €53,134
of which Furniture and vehicles: +€49,254
- Cash -€6,236
down €6,236 (-46.7%), from €13,349 to €7,112
mainly Investment in fixed assets (net) (-€60,857)
- Receivables within one year -€3,443
down €3,443 (-5.3%), from €65,231 to €61,788
of which Trade receivables: -€2,536
- Profit (loss) carried forward +€18,206
up €18,206 (+121%), from €15,053 to €33,259
- Other debts +€10,592
up €10,592 (+25.2%), from €42,018 to €52,610
- Tax, wage and social debts +€9,911
up €9,911 (+200%), from €4,944 to €14,855
- Trade debts +€2,747
up €2,747 (+3.2%), from €87,064 to €89,811
- Gross operating margin +€24,202
up €24,202 (+155%), from €15,642 to €39,844
- Depreciation +€9,721
new in 2024: €9,721
- Taxes +€5,929
up €5,929 (+149%), from €3,982 to €9,911
- Other operating charges +€1,578
up €1,578 (+762%), from €207 to €1,785
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,395 | €196,851 | +€41,456 | +26.7% |
| Fixed assets | 21/28 | €1,998 | €53,134 | +€51,136 | +2,559% |
| Tangible fixed assets | 22/27 | €1,998 | €53,134 | +€51,136 | +2,559% |
| Plant, machinery and equipment | 23 | - | €965 | +€965 | |
| Furniture and vehicles | 24 | €1,998 | €51,252 | +€49,254 | +2,465% |
| Leasing and similar rights | 25 | - | €917 | +€917 | |
| Current assets | 29/58 | €153,397 | €143,717 | -€9,680 | -6.3% |
| Amounts receivable within one year | 40/41 | €65,231 | €61,788 | -€3,443 | -5.3% |
| Trade receivables | 40 | €63,866 | €61,330 | -€2,536 | -4.0% |
| Other amounts receivable | 41 | €1,366 | €458 | -€907 | -66.4% |
| Cash at bank and in hand | 54/58 | €13,349 | €7,112 | -€6,236 | -46.7% |
| Deferred charges and accrued income | 490/1 | €74,817 | €74,817 | = | 0.0% |
| Total equity and liabilities | 10/49 | €155,395 | €196,851 | +€41,456 | +26.7% |
| Equity | 10/15 | €15,053 | €33,259 | +€18,206 | +121% |
| Profit (loss) carried forward | 14 | €15,053 | €33,259 | +€18,206 | +121% |
| Amounts payable | 17/49 | €140,342 | €163,592 | +€23,250 | +16.6% |
| Amounts payable within one year | 42/48 | €140,342 | €163,592 | +€23,250 | +16.6% |
| Trade debts | 44 | €87,064 | €89,811 | +€2,747 | +3.2% |
| Suppliers | 440/4 | €87,064 | €89,811 | +€2,747 | +3.2% |
| Advances received on contracts in progress | 46 | €6,316 | €6,316 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,944 | €14,855 | +€9,911 | +200% |
| Taxes | 450/3 | €4,944 | €14,855 | +€9,911 | +200% |
| Other amounts payable | 47/48 | €42,018 | €52,610 | +€10,592 | +25.2% |
| Remuneration, social security and pensions | 62 | €155 | €125 | -€30 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,721 | +€9,721 | |
| Other operating charges | 640/8 | €207 | €1,785 | +€1,578 | +762% |
| Gross operating margin | 9900 | €15,642 | €39,844 | +€24,202 | +155% |
| Operating profit (loss) | 9901 | €15,280 | €28,212 | +€12,933 | +84.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €93 | €96 | +€3 | +3.7% |
| Recurring financial charges | 65 | €93 | €96 | +€3 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €15,187 | €28,117 | +€12,930 | +85.1% |
| Income taxes | 67/77 | €3,982 | €9,911 | +€5,929 | +149% |
| Profit (loss) for the period | 9904 | €11,205 | €18,206 | +€7,001 | +62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,205 | €18,206 | +€7,001 | +62.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.