LC ENERGY: 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 ENERGY
Largest movements
- Cash -€5,276
down €5,276 (-52.7%), from €10,018 to €4,742
mainly Net result for the year (-€8,955) and Tax, wage and social debts (-€4,672)
- Tangible fixed assets -€4,333
down €4,333 (-66.8%), from €6,483 to €2,150
- Receivables within one year -€2,441
down €2,441 (-73.3%), from €3,329 to €888
of which Trade receivables: -€2,680
- Profit (loss) carried forward -€8,955
down €8,955 (-452%), from -€1,981 to -€10,936
- Tax, wage and social debts -€4,672
down €4,672 (-80.3%), from €5,817 to €1,145
of which Taxes: -€4,367
- Trade debts +€2,040
up €2,040 (+171%), from €1,191 to €3,231
- Other debts -€463
down €463 (-52.5%), from €881 to €418
- Gross operating margin -€18,202
down €18,202, from €14,266 to -€3,936
- Staff costs -€5,686
no longer reported in 2025 (was €5,686)
- Write-downs -€5,440
no longer reported in 2025 (was €5,440)
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 | €20,280 | €8,230 | -€12,050 | -59.4% |
| Fixed assets | 21/28 | €6,933 | €2,600 | -€4,333 | -62.5% |
| Tangible fixed assets | 22/27 | €6,483 | €2,150 | -€4,333 | -66.8% |
| Furniture and vehicles | 24 | €6,483 | €2,150 | -€4,333 | -66.8% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €13,347 | €5,631 | -€7,717 | -57.8% |
| Amounts receivable within one year | 40/41 | €3,329 | €888 | -€2,441 | -73.3% |
| Trade receivables | 40 | €2,754 | €74 | -€2,680 | -97.3% |
| Other amounts receivable | 41 | €575 | €815 | +€239 | +41.6% |
| Cash at bank and in hand | 54/58 | €10,018 | €4,742 | -€5,276 | -52.7% |
| Total equity and liabilities | 10/49 | €20,280 | €8,230 | -€12,050 | -59.4% |
| Equity | 10/15 | €12,391 | €3,436 | -€8,955 | -72.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,372 | €11,372 | = | 0.0% |
| Distributable reserves | 133 | €11,372 | €11,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,981 | -€10,936 | -€8,955 | -452% |
| Amounts payable | 17/49 | €7,889 | €4,794 | -€3,094 | -39.2% |
| Amounts payable within one year | 42/48 | €7,889 | €4,794 | -€3,094 | -39.2% |
| Trade debts | 44 | €1,191 | €3,231 | +€2,040 | +171% |
| Suppliers | 440/4 | €1,191 | €3,231 | +€2,040 | +171% |
| Taxes, remuneration and social security | 45 | €5,817 | €1,145 | -€4,672 | -80.3% |
| Taxes | 450/3 | €4,491 | €124 | -€4,367 | -97.2% |
| Remuneration and social security | 454/9 | €1,326 | €1,021 | -€305 | -23.0% |
| Other amounts payable | 47/48 | €881 | €418 | -€463 | -52.5% |
| Remuneration, social security and pensions | 62 | €5,686 | - | -€5,686 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,333 | €4,333 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,440 | - | -€5,440 | |
| Other operating charges | 640/8 | €612 | €506 | -€106 | -17.3% |
| Gross operating margin | 9900 | €14,266 | -€3,936 | -€18,202 | |
| Operating profit (loss) | 9901 | -€1,804 | -€8,775 | -€6,970 | -386% |
| Financial income | 75/76B | €2 | €10 | +€8 | +404% |
| Recurring financial income | 75 | €2 | €10 | +€8 | +404% |
| Financial charges | 65/66B | €53 | €191 | +€138 | +260% |
| Recurring financial charges | 65 | €53 | €191 | +€138 | +260% |
| Profit (loss) for the period before taxes | 9903 | -€1,856 | -€8,956 | -€7,100 | -383% |
| Income taxes | 67/77 | €125 | -€1 | -€126 | |
| Profit (loss) for the period | 9904 | -€1,981 | -€8,955 | -€6,975 | -352% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,981 | -€8,955 | -€6,975 | -352% |
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 30 October 2026 via checked.be.