LC PATHOLOGIE: 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 PATHOLOGIE
Largest movements
- Current investments +€120,846
up €120,846 (+110%), from €110,000 to €230,846
- Receivables within one year +€40,124
new in 2025: €40,124
of which Trade receivables: +€31,000
- Tangible fixed assets -€13,095
down €13,095 (-24.5%), from €53,452 to €40,357
of which Furniture and vehicles: -€8,886
- Cash +€9,153
up €9,153 (+42.4%), from €21,593 to €30,745
mainly Net result for the year (+€150,412) and Depreciation (+€13,095)
- Reserves +€150,412
up €150,412 (+92.4%), from €162,697 to €313,109
- Tax, wage and social debts +€7,476
up €7,476 (+64.0%), from €11,683 to €19,159
of which Remuneration and social security: +€7,476
- Depreciation +€9,490
up €9,490 (+263%), from €3,606 to €13,095
- Gross operating margin -€7,931
down €7,931 (-3.7%), from €216,935 to €209,004
- Taxes -€2,807
down €2,807 (-5.8%), from €48,683 to €45,876
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 | €186,111 | €342,609 | +€156,499 | +84.1% |
| Fixed assets | 21/28 | €53,452 | €40,357 | -€13,095 | -24.5% |
| Tangible fixed assets | 22/27 | €53,452 | €40,357 | -€13,095 | -24.5% |
| Plant, machinery and equipment | 23 | €10,921 | €6,712 | -€4,209 | -38.5% |
| Furniture and vehicles | 24 | €42,531 | €33,645 | -€8,886 | -20.9% |
| Current assets | 29/58 | €132,658 | €302,252 | +€169,594 | +128% |
| Amounts receivable within one year | 40/41 | - | €40,124 | +€40,124 | |
| Trade receivables | 40 | - | €31,000 | +€31,000 | |
| Other amounts receivable | 41 | - | €9,124 | +€9,124 | |
| Current investments | 50/53 | €110,000 | €230,846 | +€120,846 | +110% |
| Cash at bank and in hand | 54/58 | €21,593 | €30,745 | +€9,153 | +42.4% |
| Deferred charges and accrued income | 490/1 | €1,065 | €536 | -€529 | -49.6% |
| Total equity and liabilities | 10/49 | €186,111 | €342,609 | +€156,499 | +84.1% |
| Equity | 10/15 | €167,697 | €318,109 | +€150,412 | +89.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €162,697 | €313,109 | +€150,412 | +92.4% |
| Distributable reserves | 133 | €162,697 | €313,109 | +€150,412 | +92.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €18,413 | €24,500 | +€6,087 | +33.1% |
| Amounts payable within one year | 42/48 | €18,413 | €24,500 | +€6,087 | +33.1% |
| Trade debts | 44 | €4,444 | €1,778 | -€2,667 | -60.0% |
| Suppliers | 440/4 | €4,444 | €1,778 | -€2,667 | -60.0% |
| Taxes, remuneration and social security | 45 | €11,683 | €19,159 | +€7,476 | +64.0% |
| Taxes | 450/3 | €11,683 | €11,683 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €7,476 | +€7,476 | |
| Other amounts payable | 47/48 | €2,286 | €3,564 | +€1,278 | +55.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,606 | €13,095 | +€9,490 | +263% |
| Other operating charges | 640/8 | €328 | €423 | +€95 | +28.9% |
| Gross operating margin | 9900 | €216,935 | €209,004 | -€7,931 | -3.7% |
| Operating profit (loss) | 9901 | €213,001 | €195,486 | -€17,516 | -8.2% |
| Financial income | 75/76B | - | €847 | +€847 | |
| Recurring financial income | 75 | - | €847 | +€847 | |
| Financial charges | 65/66B | €164 | €45 | -€119 | -72.5% |
| Recurring financial charges | 65 | €164 | €45 | -€119 | -72.5% |
| Profit (loss) for the period before taxes | 9903 | €212,837 | €196,287 | -€16,550 | -7.8% |
| Income taxes | 67/77 | €48,683 | €45,876 | -€2,807 | -5.8% |
| Profit (loss) for the period | 9904 | €164,155 | €150,412 | -€13,743 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €164,155 | €150,412 | -€13,743 | -8.4% |
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 17 October 2026 via checked.be.