LC DESIGN: 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.
LC DESIGN
Largest movements
- Intangible fixed assets -€11,397
down €11,397 (-100.0%), from €11,397 to €0
- Tangible fixed assets -€5,378
down €5,378 (-15.3%), from €35,213 to €29,836
of which Other tangible fixed assets: -€3,297
- Receivables within one year +€5,023
up €5,023 (+6.0%), from €83,061 to €88,084
of which Trade receivables: +€5,368
- Cash +€4,950
new in 2025: €4,950
mainly Other debts (+€28,579) and Trade debts (+€17,204)
- Profit (loss) carried forward -€30,638
down €30,638 (-357.1%), from -€8,581 to -€39,219
- Other debts +€28,579
up €28,579 (+46.4%), from €61,636 to €90,215
- Trade debts +€17,204
up €17,204 (+408.3%), from €4,213 to €21,417
- Tax, wage and social debts -€13,832
down €13,832 (-85.0%), from €16,281 to €2,450
- Current portion of long-term debt -€3,561
down €3,561 (-57.4%), from €6,199 to €2,638
- Purchases and services -€48,167
down €48,167 (-30.5%), from €157,822 to €109,655
- Gross operating margin -€38,440
down €38,440, from €36,239 to -€2,201
- Other operating charges +€4,913
up €4,913 (+177.9%), from €2,761 to €7,674
- Staff costs +€4,685
up €4,685, from -€4,583 to €102
- Financial charges -€743
down €743 (-16.6%), from €4,482 to €3,739
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 | €133,504 | €125,806 | -€7,698 | -5.8% |
| Fixed assets | 21/28 | €46,771 | €29,996 | -€16,775 | -35.9% |
| Intangible fixed assets | 21 | €11,397 | €0 | -€11,397 | -100.0% |
| Tangible fixed assets | 22/27 | €35,213 | €29,836 | -€5,378 | -15.3% |
| Plant, machinery and equipment | 23 | €3,630 | €1,958 | -€1,672 | -46.1% |
| Furniture and vehicles | 24 | €507 | €100 | -€408 | -80.4% |
| Other tangible fixed assets | 26 | €31,076 | €27,779 | -€3,297 | -10.6% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €86,733 | €95,810 | +€9,077 | +10.5% |
| Stocks and contracts in progress | 3 | €3,512 | €2,477 | -€1,035 | -29.5% |
| Stocks | 30/36 | €3,512 | €2,477 | -€1,035 | -29.5% |
| Amounts receivable within one year | 40/41 | €83,061 | €88,084 | +€5,023 | +6.0% |
| Trade receivables | 40 | €78,376 | €83,743 | +€5,368 | +6.8% |
| Other amounts receivable | 41 | €4,685 | €4,341 | -€344 | -7.4% |
| Cash at bank and in hand | 54/58 | - | €4,950 | +€4,950 | |
| Deferred charges and accrued income | 490/1 | €161 | €300 | +€139 | +86.3% |
| Total equity and liabilities | 10/49 | €133,504 | €125,806 | -€7,698 | -5.8% |
| Equity | 10/15 | €11,879 | -€18,759 | -€30,638 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,581 | -€39,219 | -€30,638 | -357.1% |
| Amounts payable | 17/49 | €121,625 | €144,565 | +€22,940 | +18.9% |
| Amounts payable after more than one year | 17 | €2,638 | - | -€2,638 | |
| Financial debts | 170/4 | €2,638 | - | -€2,638 | |
| Amounts payable within one year | 42/48 | €118,987 | €144,565 | +€25,578 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €6,199 | €2,638 | -€3,561 | -57.4% |
| Financial debts | 43 | €30,658 | €27,845 | -€2,812 | -9.2% |
| Credit institutions | 430/8 | €30,658 | €27,845 | -€2,812 | -9.2% |
| Trade debts | 44 | €4,213 | €21,417 | +€17,204 | +408.3% |
| Suppliers | 440/4 | €4,213 | €21,417 | +€17,204 | +408.3% |
| Taxes, remuneration and social security | 45 | €16,281 | €2,450 | -€13,832 | -85.0% |
| Taxes | 450/3 | €16,281 | €2,450 | -€13,832 | -85.0% |
| Other amounts payable | 47/48 | €61,636 | €90,215 | +€28,579 | +46.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €157,822 | €109,655 | -€48,167 | -30.5% |
| Remuneration, social security and pensions | 62 | -€4,583 | €102 | +€4,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,105 | €16,775 | -€331 | -1.9% |
| Other operating charges | 640/8 | €2,761 | €7,674 | +€4,913 | +177.9% |
| Gross operating margin | 9900 | €36,239 | -€2,201 | -€38,440 | |
| Operating profit (loss) | 9901 | €20,956 | -€26,752 | -€47,707 | |
| Financial income | 75/76B | €94 | €56 | -€38 | -40.6% |
| Recurring financial income | 75 | €94 | €56 | -€38 | -40.6% |
| Financial charges | 65/66B | €4,482 | €3,739 | -€743 | -16.6% |
| Recurring financial charges | 65 | €4,482 | €3,739 | -€743 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €16,567 | -€30,435 | -€47,003 | |
| Income taxes | 67/77 | €213 | €203 | -€10 | -4.8% |
| Profit (loss) for the period | 9904 | €16,354 | -€30,638 | -€46,993 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,354 | -€30,638 | -€46,993 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.