LCAMD: 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.
LCAMD
Largest movements
- Tangible fixed assets -€36,190
down €36,190 (-5.1%), from €714,837 to €678,647
- Cash +€21,167
up €21,167 (+161.2%), from €13,131 to €34,298
mainly Depreciation (+€41,707) and Net result for the year (+€6,348)
- Debts after one year -€16,997
down €16,997 (-2.3%), from €738,056 to €721,059
of which Financial debts: -€16,997
- Gross operating margin +€19,817
up €19,817 (+54.2%), from €36,549 to €56,366
- Depreciation +€5,816
up €5,816 (+16.2%), from €35,891 to €41,707
- Financial charges -€668
down €668 (-12.4%), from €5,375 to €4,707
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.
Cash bridge derived
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 | €727,968 | €712,945 | -€15,023 | -2.1% |
| Fixed assets | 21/28 | €714,837 | €678,647 | -€36,190 | -5.1% |
| Tangible fixed assets | 22/27 | €714,837 | €678,647 | -€36,190 | -5.1% |
| Land and buildings | 22 | €714,837 | €678,647 | -€36,190 | -5.1% |
| Current assets | 29/58 | €13,131 | €34,298 | +€21,167 | +161.2% |
| Cash at bank and in hand | 54/58 | €13,131 | €34,298 | +€21,167 | +161.2% |
| Total equity and liabilities | 10/49 | €727,968 | €712,945 | -€15,023 | -2.1% |
| Equity | 10/15 | -€39,863 | -€33,515 | +€6,348 | +15.9% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Outside capital | 11 | €120,000 | - | -€120,000 | |
| Share premium | 1100/10 | €120,000 | - | -€120,000 | |
| Profit (loss) carried forward | 14 | -€159,863 | -€153,515 | +€6,348 | +4.0% |
| Amounts payable | 17/49 | €767,831 | €746,460 | -€21,371 | -2.8% |
| Amounts payable after more than one year | 17 | €738,056 | €721,059 | -€16,997 | -2.3% |
| Financial debts | 170/4 | €101,056 | €84,059 | -€16,997 | -16.8% |
| Other amounts payable | 178/9 | €637,000 | €637,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,124 | €23,693 | -€4,431 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €16,301 | €16,997 | +€696 | +4.3% |
| Other amounts payable | 47/48 | €11,823 | €6,696 | -€5,127 | -43.4% |
| Accrued charges and deferred income | 492/3 | €1,651 | €1,708 | +€57 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,891 | €41,707 | +€5,816 | +16.2% |
| Other operating charges | 640/8 | €3,458 | €3,604 | +€146 | +4.2% |
| Gross operating margin | 9900 | €36,549 | €56,366 | +€19,817 | +54.2% |
| Operating profit (loss) | 9901 | -€2,800 | €11,055 | +€13,855 | |
| Financial charges | 65/66B | €5,375 | €4,707 | -€668 | -12.4% |
| Recurring financial charges | 65 | €5,375 | €4,707 | -€668 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,175 | €6,348 | +€14,523 | |
| Profit (loss) for the period | 9904 | -€8,175 | €6,348 | +€14,523 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,175 | €6,348 | +€14,523 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.