LC Med: 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 Med
Largest movements
- Receivables within one year +€20,085
up €20,085 (+25.8%), from €77,814 to €97,898
of which Other amounts receivable: +€24,939
- Cash -€14,076
down €14,076 (-10.3%), from €136,932 to €122,856
mainly Contributions, distributions and other (-€121,405) and Tax, wage and social debts (-€40,389)
- Other debts +€121,405
new in 2025: €121,405
- Profit (loss) carried forward -€77,834
no longer reported in 2025 (was €77,834)
- Tax, wage and social debts -€40,389
down €40,389 (-95.3%), from €42,389 to €2,000
- Gross operating margin -€38,053
down €38,053 (-38.1%), from €99,799 to €61,747
- Taxes -€7,487
down €7,487 (-37.8%), from €19,832 to €12,345
- Financial charges +€3,519
up €3,519 (+1355.5%), from €260 to €3,779
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 | €233,008 | €235,900 | +€2,891 | +1.2% |
| Fixed assets | 21/28 | €15,070 | €13,936 | -€1,134 | -7.5% |
| Tangible fixed assets | 22/27 | €2,570 | €1,436 | -€1,134 | -44.1% |
| Plant, machinery and equipment | 23 | €523 | €331 | -€193 | -36.8% |
| Furniture and vehicles | 24 | €2,046 | €1,105 | -€941 | -46.0% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €217,939 | €221,964 | +€4,025 | +1.8% |
| Amounts receivable within one year | 40/41 | €77,814 | €97,898 | +€20,085 | +25.8% |
| Trade receivables | 40 | €16,399 | €11,545 | -€4,854 | -29.6% |
| Other amounts receivable | 41 | €61,415 | €86,354 | +€24,939 | +40.6% |
| Cash at bank and in hand | 54/58 | €136,932 | €122,856 | -€14,076 | -10.3% |
| Deferred charges and accrued income | 490/1 | €3,194 | €1,209 | -€1,985 | -62.1% |
| Total equity and liabilities | 10/49 | €233,008 | €235,900 | +€2,891 | +1.2% |
| Equity | 10/15 | €187,415 | €109,581 | -€77,834 | -41.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €107,081 | €107,081 | = | 0.0% |
| Distributable reserves | 133 | €107,081 | €107,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,834 | - | -€77,834 | |
| Amounts payable | 17/49 | €45,594 | €126,319 | +€80,725 | +177.1% |
| Amounts payable within one year | 42/48 | €45,472 | €126,193 | +€80,721 | +177.5% |
| Trade debts | 44 | €3,082 | €2,787 | -€295 | -9.6% |
| Suppliers | 440/4 | €3,082 | €2,787 | -€295 | -9.6% |
| Taxes, remuneration and social security | 45 | €42,389 | €2,000 | -€40,389 | -95.3% |
| Taxes | 450/3 | €42,389 | €2,000 | -€40,389 | -95.3% |
| Other amounts payable | 47/48 | - | €121,405 | +€121,405 | |
| Accrued charges and deferred income | 492/3 | €122 | €126 | +€4 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,489 | €1,652 | +€162 | +10.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €99,799 | €61,747 | -€38,053 | -38.1% |
| Operating profit (loss) | 9901 | €97,923 | €59,695 | -€38,228 | -39.0% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €260 | €3,779 | +€3,519 | +1355.5% |
| Recurring financial charges | 65 | €260 | €3,779 | +€3,519 | +1355.5% |
| Profit (loss) for the period before taxes | 9903 | €97,666 | €55,917 | -€41,750 | -42.7% |
| Income taxes | 67/77 | €19,832 | €12,345 | -€7,487 | -37.8% |
| Profit (loss) for the period | 9904 | €77,834 | €43,571 | -€34,262 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,834 | €43,571 | -€34,262 | -44.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.