LC-IT: 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-IT
Largest movements
- Cash -€25,195
down €25,195 (-42.7%), from €58,995 to €33,799
mainly Contributions, distributions and other (-€117,848) and Investment in fixed assets (net) (-€5,177)
- Receivables within one year -€5,102
down €5,102 (-16.4%), from €31,080 to €25,978
of which Other amounts receivable: -€8,779
- Tangible fixed assets +€3,442
up €3,442 (+71.7%), from €4,804 to €8,246
of which Furniture and vehicles: +€3,737
- Reserves -€80,461
down €80,461 (-100.0%), from €80,461 to €0
- Other debts +€40,171
up €40,171, from €0 to €40,171
- Tax, wage and social debts +€12,200
up €12,200 (+86.4%), from €14,128 to €26,329
of which Taxes: +€9,609
- Gross operating margin +€10,881
up €10,881 (+27.3%), from €39,924 to €50,805
- Taxes +€2,158
up €2,158 (+25.8%), from €8,367 to €10,525
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 | €97,685 | €69,946 | -€27,738 | -28.4% |
| Fixed assets | 21/28 | €4,804 | €8,246 | +€3,442 | +71.7% |
| Tangible fixed assets | 22/27 | €4,804 | €8,246 | +€3,442 | +71.7% |
| Plant, machinery and equipment | 23 | €295 | €0 | -€295 | -100.0% |
| Furniture and vehicles | 24 | €4,509 | €8,246 | +€3,737 | +82.9% |
| Current assets | 29/58 | €92,881 | €61,700 | -€31,180 | -33.6% |
| Amounts receivable within one year | 40/41 | €31,080 | €25,978 | -€5,102 | -16.4% |
| Trade receivables | 40 | €20,695 | €24,373 | +€3,678 | +17.8% |
| Other amounts receivable | 41 | €10,384 | €1,605 | -€8,779 | -84.5% |
| Cash at bank and in hand | 54/58 | €58,995 | €33,799 | -€25,195 | -42.7% |
| Deferred charges and accrued income | 490/1 | €2,807 | €1,923 | -€884 | -31.5% |
| Total equity and liabilities | 10/49 | €97,685 | €69,946 | -€27,738 | -28.4% |
| Equity | 10/15 | €83,461 | €3,000 | -€80,461 | -96.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €80,461 | €0 | -€80,461 | -100.0% |
| Distributable reserves | 133 | €80,461 | €0 | -€80,461 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €14,224 | €66,946 | +€52,722 | +370.7% |
| Amounts payable within one year | 42/48 | €14,203 | €66,946 | +€52,744 | +371.4% |
| Trade debts | 44 | €74 | €447 | +€373 | +500.9% |
| Suppliers | 440/4 | €74 | €447 | +€373 | +500.9% |
| Taxes, remuneration and social security | 45 | €14,128 | €26,329 | +€12,200 | +86.4% |
| Taxes | 450/3 | €14,128 | €23,738 | +€9,609 | +68.0% |
| Remuneration and social security | 454/9 | - | €2,591 | +€2,591 | |
| Other amounts payable | 47/48 | €0 | €40,171 | +€40,171 | |
| Accrued charges and deferred income | 492/3 | €21 | €0 | -€21 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,129 | €1,735 | -€394 | -18.5% |
| Other operating charges | 640/8 | €505 | €585 | +€80 | +15.8% |
| Gross operating margin | 9900 | €39,924 | €50,805 | +€10,881 | +27.3% |
| Operating profit (loss) | 9901 | €37,289 | €48,485 | +€11,196 | +30.0% |
| Financial income | 75/76B | €94 | €189 | +€96 | +102.2% |
| Recurring financial income | 75 | €94 | €189 | +€96 | +102.2% |
| Financial charges | 65/66B | €1,049 | €763 | -€286 | -27.3% |
| Recurring financial charges | 65 | €1,049 | €763 | -€286 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €36,334 | €47,912 | +€11,577 | +31.9% |
| Income taxes | 67/77 | €8,367 | €10,525 | +€2,158 | +25.8% |
| Profit (loss) for the period | 9904 | €27,967 | €37,387 | +€9,420 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,967 | €37,387 | +€9,420 | +33.7% |
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 12 October 2026 via checked.be.