Skip to content

LC TECHNIQUE: 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.

What changed

LC TECHNIQUE

BE 0804.052.794
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,621
2024 · €39,981-€29,360
Equity
€55,602
2024 · €44,981+€10,621
Cash
€44,156
2024 · €27,794+€16,362
Balance sheet total
€96,468
2024 · €88,442+€8,026

Largest movements

2024 to 2025
Assets
  • Cash +€16,362

    up €16,362 (+58.9%), from €27,794 to €44,156

    mainly Depreciation (+€14,971) and Net result for the year (+€10,621)

  • Tangible fixed assets -€12,051

    down €12,051 (-21.0%), from €57,484 to €45,433

    of which Furniture and vehicles: -€11,809

  • Receivables within one year +€2,448

    up €2,448 (+152.7%), from €1,603 to €4,051

    of which Trade receivables: +€1,583

  • Stocks and contracts +€1,498

    new in 2025: €1,498

Equity and liabilities
  • Profit (loss) carried forward +€10,621

    up €10,621 (+26.6%), from €39,981 to €50,602

  • Debts after one year -€8,378

    down €8,378 (-34.0%), from €24,672 to €16,294

  • Tax, wage and social debts +€2,677

    up €2,677 (+30.0%), from €8,916 to €11,593

  • Other debts +€1,812

    new in 2025: €1,812

Income statement
  • Gross operating margin -€43,393

    down €43,393 (-57.9%), from €74,904 to €31,511

  • Purchases and services -€29,573

    down €29,573 (-50.2%), from €58,872 to €29,299

  • Other operating charges -€9,781

    down €9,781 (-87.4%), from €11,192 to €1,411

  • Taxes -€6,239

    down €6,239 (-70.0%), from €8,916 to €2,677

  • Depreciation +€1,331

    up €1,331 (+9.8%), from €13,640 to €14,971

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €39,981
Gross operating margin -€43,393
Depreciation -€1,331
Other operating charges +€9,781
Financial income +€51
Financial charges -€707
Taxes +€6,239
Result 2025 €10,621

Cash bridge derived

cash 2024 to 2025

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.

From operations +€26,713
Investment -€2,460
Financing -€7,891
Cash 2024 €27,794
Net result for the year +€10,621
Depreciation +€14,971
Stocks and contracts -€1,498
Receivables within one year -€2,448
Deferred charges and accrued income -€229
Trade debts +€807
Tax, wage and social debts +€2,677
Other debts +€1,812
Investment in fixed assets (net) -€2,460
Debts after one year -€8,378
Current portion of long-term debt +€487
Cash 2025 €44,156
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €88,442 €96,468 +€8,026 +9.1%
Formation expenses 20 €1,380 €920 -€460 -33.3%
Fixed assets 21/28 €57,484 €45,433 -€12,051 -21.0%
Tangible fixed assets 22/27 €57,484 €45,433 -€12,051 -21.0%
Plant, machinery and equipment 23 €4,957 €4,715 -€242 -4.9%
Furniture and vehicles 24 €52,527 €40,718 -€11,809 -22.5%
Current assets 29/58 €29,578 €50,115 +€20,537 +69.4%
Stocks and contracts in progress 3 - €1,498 +€1,498
Stocks 30/36 - €1,498 +€1,498
Amounts receivable within one year 40/41 €1,603 €4,051 +€2,448 +152.7%
Trade receivables 40 €898 €2,481 +€1,583 +176.3%
Other amounts receivable 41 €705 €1,570 +€865 +122.7%
Cash at bank and in hand 54/58 €27,794 €44,156 +€16,362 +58.9%
Deferred charges and accrued income 490/1 €181 €410 +€229 +126.5%
Total equity and liabilities 10/49 €88,442 €96,468 +€8,026 +9.1%
Equity 10/15 €44,981 €55,602 +€10,621 +23.6%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €39,981 €50,602 +€10,621 +26.6%
Amounts payable 17/49 €43,461 €40,866 -€2,595 -6.0%
Amounts payable after more than one year 17 €24,672 €16,294 -€8,378 -34.0%
Financial debts 170/4 €24,672 €16,294 -€8,378 -34.0%
Amounts payable within one year 42/48 €18,789 €24,572 +€5,783 +30.8%
Current portion of amounts payable after more than one year 42 €9,628 €10,115 +€487 +5.1%
Trade debts 44 €245 €1,052 +€807 +329.4%
Suppliers 440/4 €245 €1,052 +€807 +329.4%
Taxes, remuneration and social security 45 €8,916 €11,593 +€2,677 +30.0%
Taxes 450/3 €8,916 €11,593 +€2,677 +30.0%
Other amounts payable 47/48 - €1,812 +€1,812
Non-recurring operating income 76A - €164 +€164
Goods, raw materials, services and sundry goods 60/61 €58,872 €29,299 -€29,573 -50.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,640 €14,971 +€1,331 +9.8%
Other operating charges 640/8 €11,192 €1,411 -€9,781 -87.4%
Gross operating margin 9900 €74,904 €31,511 -€43,393 -57.9%
Operating profit (loss) 9901 €50,072 €15,129 -€34,943 -69.8%
Financial income 75/76B - €51 +€51
Recurring financial income 75 - €51 +€51
Financial charges 65/66B €1,175 €1,882 +€707 +60.2%
Recurring financial charges 65 €1,175 €1,882 +€707 +60.2%
Profit (loss) for the period before taxes 9903 €48,897 €13,298 -€35,599 -72.8%
Income taxes 67/77 €8,916 €2,677 -€6,239 -70.0%
Profit (loss) for the period 9904 €39,981 €10,621 -€29,360 -73.4%
Profit (loss) for the period to be appropriated 9905 €39,981 €10,621 -€29,360 -73.4%

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 30 September 2026 via checked.be.