LCE 2015: 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.
What changed
LCE 2015
NACE 56.111, Full-service restaurants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,451
2024 · €4,956-€2,505
Equity
€166,369
2024 · €163,918+€2,451
Cash
€38,210
2024 · €55,936-€17,726
Balance sheet total
€787,709
2024 · €869,407-€81,698
Largest movements
Assets
- Tangible fixed assets -€54,274
down €54,274 (-7.1%), from €765,578 to €711,304
of which Land and buildings: -€29,893
- Cash -€17,726
down €17,726 (-31.7%), from €55,936 to €38,210
mainly Debts after one year (-€59,313) and Current portion of long-term debt (-€11,768)
Equity and liabilities
- Debts after one year -€59,313
down €59,313 (-14.2%), from €419,006 to €359,694
- Current portion of long-term debt -€11,768
down €11,768 (-15.8%), from €74,565 to €62,797
Income statement
- Gross operating margin +€20,813
up €20,813 (+13.2%), from €157,641 to €178,454
- Staff costs +€11,990
up €11,990 (+16.5%), from €72,821 to €84,811
- Depreciation +€2,336
up €2,336 (+4.1%), from €56,315 to €58,651
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.
Result 2024
€4,956
Gross operating margin
+€20,813
Staff costs
-€11,990
Depreciation
-€2,336
Other operating charges
-€420
Other operating items
-€7,489
Financial income
-€1,734
Financial charges
+€653
Taxes
-€2
Result 2025
€2,451
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.
From operations
+€53,354
Investment
€0
Financing
-€71,081
Cash 2024
€55,936
From operations (derived)
+€53,354
Net result for the year
+€2,451
Depreciation
+€58,651
Stocks and contracts
+€1,158
Receivables within one year
+€3,021
Deferred charges and accrued income
+€1,141
Trade debts
-€7,225
Tax, wage and social debts
-€3,221
Other debts
-€2,882
Accrued charges and deferred income
+€259
Financing
-€71,081
Debts after one year
-€59,313
Current portion of long-term debt
-€11,768
Cash 2025
€38,210
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €869,407 | €787,709 | -€81,698 | -9.4% |
| Fixed assets | 21/28 | €770,629 | €711,978 | -€58,651 | -7.6% |
| Intangible fixed assets | 21 | €5,051 | €675 | -€4,377 | -86.6% |
| Tangible fixed assets | 22/27 | €765,578 | €711,304 | -€54,274 | -7.1% |
| Land and buildings | 22 | €554,555 | €524,662 | -€29,893 | -5.4% |
| Plant, machinery and equipment | 23 | €193,128 | €173,160 | -€19,968 | -10.3% |
| Furniture and vehicles | 24 | €17,895 | €13,483 | -€4,412 | -24.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €98,778 | €75,730 | -€23,048 | -23.3% |
| Stocks and contracts in progress | 3 | €19,861 | €18,702 | -€1,158 | -5.8% |
| Stocks | 30/36 | €19,861 | €18,702 | -€1,158 | -5.8% |
| Amounts receivable within one year | 40/41 | €20,912 | €17,890 | -€3,021 | -14.4% |
| Trade receivables | 40 | €2,350 | €14,024 | +€11,675 | +496.9% |
| Other amounts receivable | 41 | €18,562 | €3,866 | -€14,696 | -79.2% |
| Cash at bank and in hand | 54/58 | €55,936 | €38,210 | -€17,726 | -31.7% |
| Deferred charges and accrued income | 490/1 | €2,069 | €928 | -€1,141 | -55.2% |
| Total equity and liabilities | 10/49 | €869,407 | €787,709 | -€81,698 | -9.4% |
| Equity | 10/15 | €163,918 | €166,369 | +€2,451 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €140,000 | €140,000 | = | 0.0% |
| Distributable reserves | 133 | €140,000 | €140,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,318 | €7,769 | +€2,451 | +46.1% |
| Amounts payable | 17/49 | €705,489 | €621,340 | -€84,149 | -11.9% |
| Amounts payable after more than one year | 17 | €419,006 | €359,694 | -€59,313 | -14.2% |
| Financial debts | 170/4 | €419,006 | €359,694 | -€59,313 | -14.2% |
| Amounts payable within one year | 42/48 | €286,440 | €261,345 | -€25,096 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €74,565 | €62,797 | -€11,768 | -15.8% |
| Trade debts | 44 | €30,051 | €22,827 | -€7,225 | -24.0% |
| Suppliers | 440/4 | €30,051 | €22,827 | -€7,225 | -24.0% |
| Taxes, remuneration and social security | 45 | €20,689 | €17,468 | -€3,221 | -15.6% |
| Taxes | 450/3 | €12,135 | €10,141 | -€1,995 | -16.4% |
| Remuneration and social security | 454/9 | €8,554 | €7,327 | -€1,226 | -14.3% |
| Other amounts payable | 47/48 | €161,135 | €158,254 | -€2,882 | -1.8% |
| Accrued charges and deferred income | 492/3 | €42 | €301 | +€259 | +610.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €72,821 | €84,811 | +€11,990 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,315 | €58,651 | +€2,336 | +4.1% |
| Other operating charges | 640/8 | €2,128 | €2,548 | +€420 | +19.8% |
| Non-recurring operating charges | 66A | €0 | €7,489 | +€7,489 | |
| Gross operating margin | 9900 | €157,641 | €178,454 | +€20,813 | +13.2% |
| Operating profit (loss) | 9901 | €26,377 | €24,955 | -€1,422 | -5.4% |
| Financial income | 75/76B | €2,343 | €609 | -€1,734 | -74.0% |
| Recurring financial income | 75 | €177 | €609 | +€432 | +243.8% |
| Non-recurring financial income | 76B | €2,166 | €0 | -€2,166 | -100.0% |
| Financial charges | 65/66B | €22,923 | €22,270 | -€653 | -2.9% |
| Recurring financial charges | 65 | €22,923 | €22,270 | -€653 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €5,797 | €3,295 | -€2,503 | -43.2% |
| Income taxes | 67/77 | €841 | €843 | +€2 | +0.2% |
| Profit (loss) for the period | 9904 | €4,956 | €2,451 | -€2,505 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,956 | €2,451 | -€2,505 | -50.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.