LC&partners: 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&partners
Largest movements
- Cash +€73,519
up €73,519 (+706%), from €10,416 to €83,935
mainly Debts after one year (+€47,716) and Depreciation (+€25,082)
- Tangible fixed assets +€20,224
up €20,224 (+77.6%), from €26,053 to €46,276
of which Furniture and vehicles: +€20,334
- Receivables within one year +€12,324
up €12,324 (+28.9%), from €42,644 to €54,968
of which Other amounts receivable: +€43,766
- Debts after one year +€47,716
up €47,716 (+591%), from €8,073 to €55,788
- Current portion of long-term debt +€24,989
up €24,989 (+382%), from €6,548 to €31,536
- Trade debts +€18,573
up €18,573 (+120%), from €15,435 to €34,007
- Tax, wage and social debts +€15,965
up €15,965 (+43.8%), from €36,455 to €52,420
of which Remuneration and social security: +€11,804
- Other debts +€9,156
up €9,156 (+104%), from €8,844 to €18,000
- Gross operating margin +€193,341
up €193,341 (+92.7%), from €208,579 to €401,920
- Staff costs +€155,488
up €155,488 (+90.0%), from €172,679 to €328,167
- Financial charges -€27,104
down €27,104 (-82.7%), from €32,755 to €5,651
- Depreciation +€15,686
up €15,686 (+167%), from €9,396 to €25,082
- Taxes +€14,236
up €14,236 (+323%), from €4,407 to €18,644
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 | €87,412 | €196,089 | +€108,677 | +124% |
| Fixed assets | 21/28 | €28,483 | €49,906 | +€21,424 | +75.2% |
| Tangible fixed assets | 22/27 | €26,053 | €46,276 | +€20,224 | +77.6% |
| Furniture and vehicles | 24 | €25,834 | €46,169 | +€20,334 | +78.7% |
| Other tangible fixed assets | 26 | €219 | €108 | -€111 | -50.6% |
| Financial fixed assets | 28 | €2,430 | €3,630 | +€1,200 | +49.4% |
| Current assets | 29/58 | €58,929 | €146,182 | +€87,253 | +148% |
| Amounts receivable within one year | 40/41 | €42,644 | €54,968 | +€12,324 | +28.9% |
| Trade receivables | 40 | €31,442 | - | -€31,442 | |
| Other amounts receivable | 41 | €11,202 | €54,968 | +€43,766 | +391% |
| Cash at bank and in hand | 54/58 | €10,416 | €83,935 | +€73,519 | +706% |
| Deferred charges and accrued income | 490/1 | €5,869 | €7,280 | +€1,410 | +24.0% |
| Total equity and liabilities | 10/49 | €87,412 | €196,089 | +€108,677 | +124% |
| Equity | 10/15 | €4,274 | €4,337 | +€63 | +1.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,274 | €2,337 | +€63 | +2.8% |
| Amounts payable | 17/49 | €83,138 | €191,752 | +€108,614 | +131% |
| Amounts payable after more than one year | 17 | €8,073 | €55,788 | +€47,716 | +591% |
| Financial debts | 170/4 | €8,073 | €55,788 | +€47,716 | +591% |
| Amounts payable within one year | 42/48 | €73,228 | €135,963 | +€62,735 | +85.7% |
| Current portion of amounts payable after more than one year | 42 | €6,548 | €31,536 | +€24,989 | +382% |
| Financial debts | 43 | €5,947 | - | -€5,947 | |
| Credit institutions | 430/8 | €5,947 | - | -€5,947 | |
| Trade debts | 44 | €15,435 | €34,007 | +€18,573 | +120% |
| Suppliers | 440/4 | €15,435 | €34,007 | +€18,573 | +120% |
| Taxes, remuneration and social security | 45 | €36,455 | €52,420 | +€15,965 | +43.8% |
| Taxes | 450/3 | €16,895 | €21,056 | +€4,161 | +24.6% |
| Remuneration and social security | 454/9 | €19,560 | €31,363 | +€11,804 | +60.3% |
| Other amounts payable | 47/48 | €8,844 | €18,000 | +€9,156 | +104% |
| Accrued charges and deferred income | 492/3 | €1,837 | - | -€1,837 | |
| Remuneration, social security and pensions | 62 | €172,679 | €328,167 | +€155,488 | +90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,396 | €25,082 | +€15,686 | +167% |
| Other operating charges | 640/8 | €4,193 | €4,109 | -€84 | -2.0% |
| Non-recurring operating charges | 66A | - | €2,328 | +€2,328 | |
| Gross operating margin | 9900 | €208,579 | €401,920 | +€193,341 | +92.7% |
| Operating profit (loss) | 9901 | €22,312 | €42,234 | +€19,922 | +89.3% |
| Financial income | 75/76B | €255 | €123 | -€132 | -51.7% |
| Recurring financial income | 75 | €255 | €123 | -€132 | -51.7% |
| Financial charges | 65/66B | €32,755 | €5,651 | -€27,104 | -82.7% |
| Recurring financial charges | 65 | €32,755 | €5,651 | -€27,104 | -82.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,188 | €36,706 | +€46,894 | |
| Income taxes | 67/77 | €4,407 | €18,644 | +€14,236 | +323% |
| Profit (loss) for the period | 9904 | -€14,595 | €18,063 | +€32,658 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,595 | €18,063 | +€32,658 |
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 16 October 2026 via checked.be.