LC Global Services: 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 Global Services
Largest movements
- Tangible fixed assets +€22,470
up €22,470 (+5.7%), from €394,125 to €416,594
of which Land and buildings: +€18,130
- Receivables within one year -€9,609
down €9,609 (-17.7%), from €54,308 to €44,699
of which Trade receivables: -€6,116
- Intangible fixed assets -€6,856
down €6,856 (-65.0%), from €10,541 to €3,685
- Advances received -€27,155
no longer reported in 2024 (was €27,155)
- Debts after one year -€23,405
down €23,405 (-7.4%), from €318,234 to €294,829
of which Other amounts payable: -€39,500
- Tax, wage and social debts +€16,245
up €16,245 (+43.8%), from €37,062 to €53,307
of which Remuneration and social security: +€8,733
- Profit (loss) carried forward +€12,546
up €12,546 (+92.5%), from -€13,570 to -€1,024
- Trade debts +€11,520
up €11,520 (+152%), from €7,592 to €19,112
- Gross operating margin +€75,481
up €75,481 (+76.5%), from €98,657 to €174,139
- Staff costs +€48,046
up €48,046 (+93.0%), from €51,672 to €99,718
- Depreciation +€7,722
up €7,722 (+25.0%), from €30,915 to €38,638
- Write-downs +€3,153
new in 2024: €3,153
- Financial charges +€2,216
up €2,216 (+25.8%), from €8,589 to €10,805
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 | €470,800 | €472,665 | +€1,865 | +0.4% |
| Fixed assets | 21/28 | €404,665 | €420,279 | +€15,613 | +3.9% |
| Intangible fixed assets | 21 | €10,541 | €3,685 | -€6,856 | -65.0% |
| Tangible fixed assets | 22/27 | €394,125 | €416,594 | +€22,470 | +5.7% |
| Land and buildings | 22 | €373,897 | €392,026 | +€18,130 | +4.8% |
| Plant, machinery and equipment | 23 | €19,978 | €15,901 | -€4,076 | -20.4% |
| Furniture and vehicles | 24 | €250 | €8,666 | +€8,416 | +3,363% |
| Current assets | 29/58 | €66,135 | €52,386 | -€13,748 | -20.8% |
| Amounts receivable within one year | 40/41 | €54,308 | €44,699 | -€9,609 | -17.7% |
| Trade receivables | 40 | €50,813 | €44,697 | -€6,116 | -12.0% |
| Other amounts receivable | 41 | €3,495 | €2 | -€3,493 | -99.9% |
| Cash at bank and in hand | 54/58 | €1,271 | €583 | -€688 | -54.1% |
| Deferred charges and accrued income | 490/1 | €10,555 | €7,105 | -€3,451 | -32.7% |
| Total equity and liabilities | 10/49 | €470,800 | €472,665 | +€1,865 | +0.4% |
| Equity | 10/15 | €50,030 | €62,576 | +€12,546 | +25.1% |
| Contributions | 10/11 | €63,600 | €63,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,570 | -€1,024 | +€12,546 | +92.5% |
| Amounts payable | 17/49 | €420,770 | €410,089 | -€10,681 | -2.5% |
| Amounts payable after more than one year | 17 | €318,234 | €294,829 | -€23,405 | -7.4% |
| Financial debts | 170/4 | €176,384 | €192,479 | +€16,095 | +9.1% |
| Other amounts payable | 178/9 | €141,850 | €102,350 | -€39,500 | -27.8% |
| Amounts payable within one year | 42/48 | €102,536 | €115,260 | +€12,724 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €18,636 | €23,653 | +€5,017 | +26.9% |
| Financial debts | 43 | - | €10,512 | +€10,512 | |
| Credit institutions | 430/8 | - | €10,512 | +€10,512 | |
| Trade debts | 44 | €7,592 | €19,112 | +€11,520 | +152% |
| Suppliers | 440/4 | €7,592 | €19,112 | +€11,520 | +152% |
| Advances received on contracts in progress | 46 | €27,155 | - | -€27,155 | |
| Taxes, remuneration and social security | 45 | €37,062 | €53,307 | +€16,245 | +43.8% |
| Taxes | 450/3 | €20,224 | €27,736 | +€7,512 | +37.1% |
| Remuneration and social security | 454/9 | €16,838 | €25,570 | +€8,733 | +51.9% |
| Other amounts payable | 47/48 | €12,091 | €8,676 | -€3,415 | -28.2% |
| Remuneration, social security and pensions | 62 | €51,672 | €99,718 | +€48,046 | +93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,915 | €38,638 | +€7,722 | +25.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,153 | +€3,153 | |
| Other operating charges | 640/8 | €6,095 | €7,683 | +€1,588 | +26.0% |
| Gross operating margin | 9900 | €98,657 | €174,139 | +€75,481 | +76.5% |
| Operating profit (loss) | 9901 | €9,975 | €24,947 | +€14,973 | +150% |
| Financial income | 75/76B | €30 | €1 | -€29 | -97.6% |
| Recurring financial income | 75 | €30 | €1 | -€29 | -97.6% |
| Financial charges | 65/66B | €8,589 | €10,805 | +€2,216 | +25.8% |
| Recurring financial charges | 65 | €8,589 | €10,805 | +€2,216 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €1,416 | €14,143 | +€12,728 | +899% |
| Income taxes | 67/77 | -€250 | €1,597 | +€1,847 | |
| Profit (loss) for the period | 9904 | €1,666 | €12,546 | +€10,880 | +653% |
| Profit (loss) for the period to be appropriated | 9905 | €1,666 | €12,546 | +€10,880 | +653% |
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 14 October 2026 via checked.be.