LCC: 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.
LCC
Largest movements
- Cash +€15,832
up €15,832 (+11.6%), from €136,653 to €152,486
mainly Net result for the year (+€31,523) and Depreciation (+€3,978)
- Tangible fixed assets -€3,978
down €3,978 (-35.2%), from €11,302 to €7,324
- Reserves +€31,523
up €31,523 (+33.0%), from €95,600 to €127,123
- Tax, wage and social debts -€17,865
down €17,865 (-81.3%), from €21,963 to €4,098
- Gross operating margin -€42,326
down €42,326 (-48.3%), from €87,672 to €45,345
- Taxes -€8,338
down €8,338 (-47.0%), from €17,722 to €9,384
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,516 | €161,928 | +€12,412 | +8.3% |
| Fixed assets | 21/28 | €11,302 | €7,324 | -€3,978 | -35.2% |
| Tangible fixed assets | 22/27 | €11,302 | €7,324 | -€3,978 | -35.2% |
| Furniture and vehicles | 24 | €11,302 | €7,324 | -€3,978 | -35.2% |
| Current assets | 29/58 | €138,214 | €154,604 | +€16,390 | +11.9% |
| Amounts receivable within one year | 40/41 | €216 | €616 | +€400 | +185.0% |
| Trade receivables | 40 | €216 | - | -€216 | |
| Other amounts receivable | 41 | - | €616 | +€616 | |
| Cash at bank and in hand | 54/58 | €136,653 | €152,486 | +€15,832 | +11.6% |
| Deferred charges and accrued income | 490/1 | €1,345 | €1,503 | +€157 | +11.7% |
| Total equity and liabilities | 10/49 | €149,516 | €161,928 | +€12,412 | +8.3% |
| Equity | 10/15 | €100,600 | €132,123 | +€31,523 | +31.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €95,600 | €127,123 | +€31,523 | +33.0% |
| Distributable reserves | 133 | €95,600 | €127,123 | +€31,523 | +33.0% |
| Amounts payable | 17/49 | €48,916 | €29,805 | -€19,111 | -39.1% |
| Amounts payable within one year | 42/48 | €48,548 | €29,805 | -€18,743 | -38.6% |
| Trade debts | 44 | €191 | - | -€191 | |
| Suppliers | 440/4 | €191 | - | -€191 | |
| Taxes, remuneration and social security | 45 | €21,963 | €4,098 | -€17,865 | -81.3% |
| Taxes | 450/3 | €21,963 | €4,098 | -€17,865 | -81.3% |
| Other amounts payable | 47/48 | €26,394 | €25,707 | -€687 | -2.6% |
| Accrued charges and deferred income | 492/3 | €368 | - | -€368 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,978 | €3,978 | = | 0.0% |
| Other operating charges | 640/8 | €359 | €329 | -€30 | -8.3% |
| Gross operating margin | 9900 | €87,672 | €45,345 | -€42,326 | -48.3% |
| Operating profit (loss) | 9901 | €83,335 | €41,038 | -€42,296 | -50.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €128 | €131 | +€3 | +2.0% |
| Recurring financial charges | 65 | €128 | €131 | +€3 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €83,206 | €40,907 | -€42,299 | -50.8% |
| Income taxes | 67/77 | €17,722 | €9,384 | -€8,338 | -47.0% |
| Profit (loss) for the period | 9904 | €65,484 | €31,523 | -€33,961 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,484 | €31,523 | -€33,961 | -51.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.