LC TRADING: 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 TRADING
Largest movements
- Receivables within one year -€35,246
down €35,246 (-65.9%), from €53,521 to €18,275
of which Trade receivables: -€47,844
- Cash +€16,098
up €16,098 (+84.1%), from €19,132 to €35,230
mainly Receivables within one year (+€35,246) and Depreciation (+€14,188)
- Tangible fixed assets +€13,312
up €13,312 (+45.9%), from €29,027 to €42,339
- Profit (loss) carried forward -€13,218
down €13,218, from €9,745 to -€3,473
- Trade debts +€10,667
up €10,667 (+20.3%), from €52,532 to €63,199
- Tax, wage and social debts -€2,424
down €2,424 (-8.2%), from €29,542 to €27,118
- Gross operating margin -€14,981
down €14,981 (-56.0%), from €26,737 to €11,756
- Depreciation +€4,000
up €4,000 (+39.3%), from €10,188 to €14,188
- Taxes +€2,350
up €2,350 (+118%), from €2,000 to €4,350
- Other operating charges +€511
up €511 (+8.6%), from €5,923 to €6,434
- Staff costs -€435
no longer reported in 2024 (was €435)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,680 | €95,844 | -€5,836 | -5.7% |
| Fixed assets | 21/28 | €29,027 | €42,339 | +€13,312 | +45.9% |
| Tangible fixed assets | 22/27 | €29,027 | €42,339 | +€13,312 | +45.9% |
| Furniture and vehicles | 24 | €29,027 | €42,339 | +€13,312 | +45.9% |
| Current assets | 29/58 | €72,653 | €53,505 | -€19,148 | -26.4% |
| Amounts receivable within one year | 40/41 | €53,521 | €18,275 | -€35,246 | -65.9% |
| Trade receivables | 40 | €53,521 | €5,677 | -€47,844 | -89.4% |
| Other amounts receivable | 41 | - | €12,598 | +€12,598 | |
| Cash at bank and in hand | 54/58 | €19,132 | €35,230 | +€16,098 | +84.1% |
| Total equity and liabilities | 10/49 | €101,680 | €95,844 | -€5,836 | -5.7% |
| Equity | 10/15 | €12,745 | -€473 | -€13,218 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,745 | -€3,473 | -€13,218 | |
| Amounts payable | 17/49 | €88,935 | €96,317 | +€7,382 | +8.3% |
| Amounts payable after more than one year | 17 | €6,861 | €6,000 | -€861 | -12.5% |
| Financial debts | 170/4 | €6,861 | €6,000 | -€861 | -12.5% |
| Amounts payable within one year | 42/48 | €82,074 | €90,317 | +€8,243 | +10.0% |
| Trade debts | 44 | €52,532 | €63,199 | +€10,667 | +20.3% |
| Suppliers | 440/4 | €52,532 | €63,199 | +€10,667 | +20.3% |
| Taxes, remuneration and social security | 45 | €29,542 | €27,118 | -€2,424 | -8.2% |
| Taxes | 450/3 | €29,542 | €27,118 | -€2,424 | -8.2% |
| Remuneration, social security and pensions | 62 | €435 | - | -€435 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,188 | €14,188 | +€4,000 | +39.3% |
| Other operating charges | 640/8 | €5,923 | €6,434 | +€511 | +8.6% |
| Non-recurring operating charges | 66A | €466 | €149 | -€317 | -68.0% |
| Gross operating margin | 9900 | €26,737 | €11,756 | -€14,981 | -56.0% |
| Operating profit (loss) | 9901 | €9,725 | -€9,015 | -€18,740 | |
| Financial income | 75/76B | €10 | €327 | +€317 | +3,170% |
| Recurring financial income | 75 | €10 | €327 | +€317 | +3,170% |
| Financial charges | 65/66B | €186 | €180 | -€6 | -3.2% |
| Recurring financial charges | 65 | €186 | €180 | -€6 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €9,549 | -€8,868 | -€18,417 | |
| Income taxes | 67/77 | €2,000 | €4,350 | +€2,350 | +118% |
| Profit (loss) for the period | 9904 | €7,549 | -€13,218 | -€20,767 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,549 | -€13,218 | -€20,767 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.