LCCM: 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.
LCCM
Largest movements
- Cash -€25,535
down €25,535 (-42.3%), from €60,421 to €34,886
mainly Contributions, distributions and other (-€113,000) and Debts after one year (-€14,604)
- Tangible fixed assets -€15,131
down €15,131 (-4.5%), from €334,147 to €319,016
of which Plant, machinery and equipment: -€8,540
- Receivables within one year +€14,343
up €14,343 (+205.5%), from €6,980 to €21,323
of which Trade receivables: +€16,101
- Contributions -€70,000
down €70,000 (-98.6%), from €71,000 to €1,000
- Other debts +€50,848
up €50,848 (+72.3%), from €70,284 to €121,132
- Debts after one year -€14,604
down €14,604 (-6.3%), from €230,901 to €216,297
- Trade debts +€6,183
up €6,183 (+1936.9%), from €319 to €6,502
- Purchases and services -€65,786
no longer reported in 2025 (was €65,786)
- Gross operating margin +€9,860
up €9,860 (+12.8%), from €76,783 to €86,643
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 | €401,548 | €375,225 | -€26,323 | -6.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €334,147 | €319,016 | -€15,131 | -4.5% |
| Tangible fixed assets | 22/27 | €334,147 | €319,016 | -€15,131 | -4.5% |
| Land and buildings | 22 | €195,465 | €191,306 | -€4,159 | -2.1% |
| Plant, machinery and equipment | 23 | €133,941 | €125,401 | -€8,540 | -6.4% |
| Furniture and vehicles | 24 | €4,741 | €2,310 | -€2,432 | -51.3% |
| Current assets | 29/58 | €67,401 | €56,209 | -€11,192 | -16.6% |
| Amounts receivable within one year | 40/41 | €6,980 | €21,323 | +€14,343 | +205.5% |
| Trade receivables | 40 | €5,222 | €21,323 | +€16,101 | +308.4% |
| Other amounts receivable | 41 | €1,759 | - | -€1,759 | |
| Cash at bank and in hand | 54/58 | €60,421 | €34,886 | -€25,535 | -42.3% |
| Total equity and liabilities | 10/49 | €401,548 | €375,225 | -€26,323 | -6.6% |
| Equity | 10/15 | €71,028 | €1,348 | -€69,680 | -98.1% |
| Contributions | 10/11 | €71,000 | €1,000 | -€70,000 | -98.6% |
| Capital | 10 | €71,000 | - | -€71,000 | |
| Issued capital | 100 | €71,000 | - | -€71,000 | |
| Profit (loss) carried forward | 14 | €28 | €348 | +€320 | +1128.2% |
| Amounts payable | 17/49 | €330,520 | €373,877 | +€43,357 | +13.1% |
| Amounts payable after more than one year | 17 | €230,901 | €216,297 | -€14,604 | -6.3% |
| Financial debts | 170/4 | €230,901 | €216,297 | -€14,604 | -6.3% |
| Amounts payable within one year | 42/48 | €99,619 | €157,580 | +€57,961 | +58.2% |
| Current portion of amounts payable after more than one year | 42 | €15,216 | €14,604 | -€612 | -4.0% |
| Trade debts | 44 | €319 | €6,502 | +€6,183 | +1936.9% |
| Suppliers | 440/4 | €319 | €6,502 | +€6,183 | +1936.9% |
| Taxes, remuneration and social security | 45 | €13,800 | €15,342 | +€1,542 | +11.2% |
| Taxes | 450/3 | €13,800 | €15,342 | +€1,542 | +11.2% |
| Other amounts payable | 47/48 | €70,284 | €121,132 | +€50,848 | +72.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €65,786 | - | -€65,786 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,212 | €24,617 | +€404 | +1.7% |
| Other operating charges | 640/8 | €1,305 | €1,513 | +€208 | +15.9% |
| Gross operating margin | 9900 | €76,783 | €86,643 | +€9,860 | +12.8% |
| Operating profit (loss) | 9901 | €51,265 | €60,513 | +€9,248 | +18.0% |
| Financial income | 75/76B | €83 | €438 | +€356 | +431.4% |
| Recurring financial income | 75 | €83 | €438 | +€356 | +431.4% |
| Financial charges | 65/66B | €4,507 | €4,390 | -€117 | -2.6% |
| Recurring financial charges | 65 | €4,507 | €4,390 | -€117 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €46,840 | €56,562 | +€9,721 | +20.8% |
| Income taxes | 67/77 | €13,825 | €13,241 | -€584 | -4.2% |
| Profit (loss) for the period | 9904 | €33,015 | €43,320 | +€10,305 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,015 | €43,320 | +€10,305 | +31.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.