LC Gestion: 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 Gestion
Largest movements
- Receivables within one year +€17,210
up €17,210 (+89.3%), from €19,262 to €36,472
of which Trade receivables: +€28,338
- Cash +€9,484
up €9,484 (+9.7%), from €97,865 to €107,349
mainly Net result for the year (+€31,009) and Depreciation (+€3,887)
- Tangible fixed assets -€1,916
down €1,916 (-14.4%), from €13,260 to €11,344
of which Furniture and vehicles: -€3,690
- Reserves +€30,000
up €30,000 (+32.1%), from €93,500 to €123,500
- Other debts -€8,370
down €8,370 (-82.2%), from €10,178 to €1,807
- Tax, wage and social debts +€2,983
up €2,983 (+17.8%), from €16,778 to €19,761
of which Taxes: +€3,324
- Gross operating margin +€11,861
up €11,861 (+40.6%), from €29,203 to €41,064
- Taxes -€3,137
down €3,137 (-37.5%), from €8,374 to €5,237
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 | €131,175 | €156,004 | +€24,829 | +18.9% |
| Fixed assets | 21/28 | €13,260 | €11,344 | -€1,916 | -14.4% |
| Tangible fixed assets | 22/27 | €13,260 | €11,344 | -€1,916 | -14.4% |
| Furniture and vehicles | 24 | €13,260 | €9,570 | -€3,690 | -27.8% |
| Other tangible fixed assets | 26 | - | €1,774 | +€1,774 | |
| Current assets | 29/58 | €117,916 | €144,660 | +€26,744 | +22.7% |
| Amounts receivable within one year | 40/41 | €19,262 | €36,472 | +€17,210 | +89.3% |
| Trade receivables | 40 | €8,134 | €36,472 | +€28,338 | +348% |
| Other amounts receivable | 41 | €11,128 | - | -€11,128 | |
| Cash at bank and in hand | 54/58 | €97,865 | €107,349 | +€9,484 | +9.7% |
| Deferred charges and accrued income | 490/1 | €789 | €839 | +€50 | +6.4% |
| Total equity and liabilities | 10/49 | €131,175 | €156,004 | +€24,829 | +18.9% |
| Equity | 10/15 | €100,577 | €131,586 | +€31,009 | +30.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €93,500 | €123,500 | +€30,000 | +32.1% |
| Distributable reserves | 133 | €93,500 | €123,500 | +€30,000 | +32.1% |
| Profit (loss) carried forward | 14 | €4,577 | €5,586 | +€1,009 | +22.0% |
| Amounts payable | 17/49 | €30,598 | €24,418 | -€6,180 | -20.2% |
| Amounts payable within one year | 42/48 | €30,598 | €24,418 | -€6,180 | -20.2% |
| Trade debts | 44 | €3,643 | €2,849 | -€793 | -21.8% |
| Suppliers | 440/4 | €3,643 | €2,849 | -€793 | -21.8% |
| Taxes, remuneration and social security | 45 | €16,778 | €19,761 | +€2,983 | +17.8% |
| Taxes | 450/3 | €13,630 | €16,953 | +€3,324 | +24.4% |
| Remuneration and social security | 454/9 | €3,148 | €2,808 | -€341 | -10.8% |
| Other amounts payable | 47/48 | €10,178 | €1,807 | -€8,370 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,690 | €3,887 | +€197 | +5.3% |
| Other operating charges | 640/8 | €1,132 | €782 | -€351 | -31.0% |
| Gross operating margin | 9900 | €29,203 | €41,064 | +€11,861 | +40.6% |
| Operating profit (loss) | 9901 | €24,381 | €36,396 | +€12,015 | +49.3% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €154 | €153 | -€0 | -0.3% |
| Recurring financial charges | 65 | €154 | €153 | -€0 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €24,227 | €36,246 | +€12,018 | +49.6% |
| Income taxes | 67/77 | €8,374 | €5,237 | -€3,137 | -37.5% |
| Profit (loss) for the period | 9904 | €15,853 | €31,009 | +€15,156 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,853 | €31,009 | +€15,156 | +95.6% |
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 13 October 2026 via checked.be.