LC THE ONE: 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 THE ONE
Largest movements
- Receivables within one year +€35,049
up €35,049 (+1,739%), from €2,016 to €37,065
of which Trade receivables: +€32,815
- Stocks and contracts +€30,000
up €30,000 (+200%), from €15,000 to €45,000
- Cash +€4,331
up €4,331 (+6.4%), from €67,447 to €71,778
mainly Trade debts (+€54,326) and Other debts (+€32,581)
- Trade debts +€54,326
up €54,326 (+455%), from €11,943 to €66,269
- Other debts +€32,581
up €32,581 (+906%), from €3,594 to €36,175
- Profit (loss) carried forward -€32,159
down €32,159 (-71.9%), from €44,701 to €12,542
- Tax, wage and social debts +€14,633
up €14,633 (+65.5%), from €22,344 to €36,977
of which Remuneration and social security: +€10,116
- Staff costs +€27,140
up €27,140 (+81.3%), from €33,375 to €60,515
- Gross operating margin +€19,382
up €19,382 (+39.8%), from €48,669 to €68,052
- Taxes -€8,522
no longer reported in 2025 (was €8,522)
- Financial charges +€2,071
up €2,071 (+97.5%), from €2,124 to €4,196
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 | €84,583 | €153,963 | +€69,380 | +82.0% |
| Current assets | 29/58 | €84,583 | €153,963 | +€69,380 | +82.0% |
| Stocks and contracts in progress | 3 | €15,000 | €45,000 | +€30,000 | +200% |
| Stocks | 30/36 | €15,000 | €45,000 | +€30,000 | +200% |
| Amounts receivable within one year | 40/41 | €2,016 | €37,065 | +€35,049 | +1,739% |
| Trade receivables | 40 | €1,513 | €34,327 | +€32,815 | +2,170% |
| Other amounts receivable | 41 | €504 | €2,738 | +€2,234 | +444% |
| Cash at bank and in hand | 54/58 | €67,447 | €71,778 | +€4,331 | +6.4% |
| Deferred charges and accrued income | 490/1 | €120 | €120 | = | 0.0% |
| Total equity and liabilities | 10/49 | €84,583 | €153,963 | +€69,380 | +82.0% |
| Equity | 10/15 | €46,701 | €14,542 | -€32,159 | -68.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,701 | €12,542 | -€32,159 | -71.9% |
| Amounts payable | 17/49 | €37,882 | €139,421 | +€101,539 | +268% |
| Amounts payable within one year | 42/48 | €37,882 | €139,421 | +€101,539 | +268% |
| Trade debts | 44 | €11,943 | €66,269 | +€54,326 | +455% |
| Suppliers | 440/4 | €11,943 | €66,269 | +€54,326 | +455% |
| Taxes, remuneration and social security | 45 | €22,344 | €36,977 | +€14,633 | +65.5% |
| Taxes | 450/3 | €5,578 | €10,095 | +€4,517 | +81.0% |
| Remuneration and social security | 454/9 | €16,766 | €26,882 | +€10,116 | +60.3% |
| Other amounts payable | 47/48 | €3,594 | €36,175 | +€32,581 | +906% |
| Remuneration, social security and pensions | 62 | €33,375 | €60,515 | +€27,140 | +81.3% |
| Other operating charges | 640/8 | €63 | - | -€63 | |
| Gross operating margin | 9900 | €48,669 | €68,052 | +€19,382 | +39.8% |
| Operating profit (loss) | 9901 | €15,232 | €7,537 | -€7,695 | -50.5% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €2,124 | €4,196 | +€2,071 | +97.5% |
| Recurring financial charges | 65 | €2,124 | €4,196 | +€2,071 | +97.5% |
| Profit (loss) for the period before taxes | 9903 | €13,110 | €3,341 | -€9,769 | -74.5% |
| Income taxes | 67/77 | €8,522 | - | -€8,522 | |
| Profit (loss) for the period | 9904 | €4,589 | €3,341 | -€1,248 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,589 | €3,341 | -€1,248 | -27.2% |
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 27 October 2026 via checked.be.