LC VENTURES: 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 VENTURES
Largest movements
- Cash +€63,172
up €63,172 (+352%), from €17,954 to €81,127
mainly Net result for the year (+€54,012) and Tax, wage and social debts (+€11,237)
- Receivables within one year +€2,679
up €2,679 (+21.4%), from €12,530 to €15,209
of which Other amounts receivable: +€14,162
- Tangible fixed assets +€1,818
new in 2025: €1,818
- Reserves +€52,346
up €52,346 (+365%), from €14,337 to €66,683
- Tax, wage and social debts +€11,237
up €11,237 (+101%), from €11,113 to €22,350
- Trade debts +€3,373
up €3,373 (+281%), from €1,201 to €4,575
- Gross operating margin +€50,092
up €50,092 (+258%), from €19,418 to €69,510
- Taxes +€11,236
up €11,236 (+273%), from €4,122 to €15,358
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 | €30,485 | €98,798 | +€68,313 | +224% |
| Fixed assets | 21/28 | - | €1,818 | +€1,818 | |
| Tangible fixed assets | 22/27 | - | €1,818 | +€1,818 | |
| Furniture and vehicles | 24 | - | €1,818 | +€1,818 | |
| Current assets | 29/58 | €30,485 | €96,980 | +€66,495 | +218% |
| Amounts receivable within one year | 40/41 | €12,530 | €15,209 | +€2,679 | +21.4% |
| Trade receivables | 40 | €11,483 | €0 | -€11,483 | -100% |
| Other amounts receivable | 41 | €1,047 | €15,209 | +€14,162 | +1,352% |
| Cash at bank and in hand | 54/58 | €17,954 | €81,127 | +€63,172 | +352% |
| Deferred charges and accrued income | 490/1 | - | €644 | +€644 | |
| Total equity and liabilities | 10/49 | €30,485 | €98,798 | +€68,313 | +224% |
| Equity | 10/15 | €17,337 | €69,683 | +€52,346 | +302% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,337 | €66,683 | +€52,346 | +365% |
| Distributable reserves | 133 | €14,337 | €66,683 | +€52,346 | +365% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,148 | €29,115 | +€15,967 | +121% |
| Amounts payable within one year | 42/48 | €13,148 | €28,591 | +€15,443 | +117% |
| Trade debts | 44 | €1,201 | €4,575 | +€3,373 | +281% |
| Suppliers | 440/4 | €1,201 | €4,575 | +€3,373 | +281% |
| Taxes, remuneration and social security | 45 | €11,113 | €22,350 | +€11,237 | +101% |
| Taxes | 450/3 | €11,113 | €22,350 | +€11,237 | +101% |
| Other amounts payable | 47/48 | €833 | €1,666 | +€833 | +100% |
| Accrued charges and deferred income | 492/3 | - | €524 | +€524 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €197 | +€197 | |
| Other operating charges | 640/8 | €106 | €273 | +€167 | +158% |
| Gross operating margin | 9900 | €19,418 | €69,510 | +€50,092 | +258% |
| Operating profit (loss) | 9901 | €19,313 | €69,041 | +€49,728 | +257% |
| Financial income | 75/76B | €14 | €480 | +€466 | +3,320% |
| Recurring financial income | 75 | €14 | €480 | +€466 | +3,320% |
| Financial charges | 65/66B | €35 | €151 | +€116 | +331% |
| Recurring financial charges | 65 | €35 | €151 | +€116 | +331% |
| Profit (loss) for the period before taxes | 9903 | €19,292 | €69,369 | +€50,078 | +260% |
| Income taxes | 67/77 | €4,122 | €15,358 | +€11,236 | +273% |
| Profit (loss) for the period | 9904 | €15,170 | €54,012 | +€38,842 | +256% |
| Profit (loss) for the period to be appropriated | 9905 | €15,170 | €54,012 | +€38,842 | +256% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.