LCG: 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.
LCG
Largest movements
- Cash +€24,073
up €24,073 (+50.6%), from €47,537 to €71,610
mainly Receivables within one year (+€23,427) and Net result for the year (+€11,223)
- Receivables within one year -€23,427
down €23,427 (-32.1%), from €72,942 to €49,515
of which Trade receivables: -€26,566
- Tangible fixed assets -€13,158
down €13,158 (-93.7%), from €14,049 to €891
of which Furniture and vehicles: -€12,122
- Deferred charges and accrued income -€3,759
down €3,759 (-73.6%), from €5,110 to €1,351
- Tax, wage and social debts -€22,920
down €22,920 (-65.7%), from €34,879 to €11,959
of which Remuneration and social security: -€17,522
- Profit (loss) carried forward +€11,223
up €11,223 (+5.2%), from -€217,164 to -€205,941
- Trade debts -€4,574
down €4,574 (-9.4%), from €48,543 to €43,969
- Staff costs -€97,319
down €97,319 (-38.1%), from €255,458 to €158,139
- Gross operating margin -€18,397
down €18,397 (-9.2%), from €198,918 to €180,521
- Depreciation -€7,702
down €7,702 (-50.6%), from €15,226 to €7,525
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 | €139,638 | €123,368 | -€16,271 | -11.7% |
| Fixed assets | 21/28 | €14,049 | €891 | -€13,158 | -93.7% |
| Tangible fixed assets | 22/27 | €14,049 | €891 | -€13,158 | -93.7% |
| Plant, machinery and equipment | 23 | €1,874 | €838 | -€1,036 | -55.3% |
| Furniture and vehicles | 24 | €12,175 | €53 | -€12,122 | -99.6% |
| Current assets | 29/58 | €125,589 | €122,476 | -€3,113 | -2.5% |
| Amounts receivable within one year | 40/41 | €72,942 | €49,515 | -€23,427 | -32.1% |
| Trade receivables | 40 | €72,642 | €46,076 | -€26,566 | -36.6% |
| Other amounts receivable | 41 | €300 | €3,439 | +€3,139 | +1,046% |
| Cash at bank and in hand | 54/58 | €47,537 | €71,610 | +€24,073 | +50.6% |
| Deferred charges and accrued income | 490/1 | €5,110 | €1,351 | -€3,759 | -73.6% |
| Total equity and liabilities | 10/49 | €139,638 | €123,368 | -€16,271 | -11.7% |
| Equity | 10/15 | -€212,164 | -€200,941 | +€11,223 | +5.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€217,164 | -€205,941 | +€11,223 | +5.2% |
| Amounts payable | 17/49 | €351,802 | €324,309 | -€27,494 | -7.8% |
| Amounts payable within one year | 42/48 | €351,802 | €324,309 | -€27,494 | -7.8% |
| Trade debts | 44 | €48,543 | €43,969 | -€4,574 | -9.4% |
| Suppliers | 440/4 | €48,543 | €43,969 | -€4,574 | -9.4% |
| Taxes, remuneration and social security | 45 | €34,879 | €11,959 | -€22,920 | -65.7% |
| Taxes | 450/3 | €6,328 | €930 | -€5,398 | -85.3% |
| Remuneration and social security | 454/9 | €28,551 | €11,029 | -€17,522 | -61.4% |
| Other amounts payable | 47/48 | €268,380 | €268,380 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €255,458 | €158,139 | -€97,319 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,226 | €7,525 | -€7,702 | -50.6% |
| Other operating charges | 640/8 | €878 | €595 | -€283 | -32.2% |
| Gross operating margin | 9900 | €198,918 | €180,521 | -€18,397 | -9.2% |
| Operating profit (loss) | 9901 | -€72,645 | €14,262 | +€86,907 | |
| Financial income | 75/76B | €47 | €13 | -€34 | -72.7% |
| Recurring financial income | 75 | €47 | €13 | -€34 | -72.7% |
| Financial charges | 65/66B | €2,186 | €2,704 | +€518 | +23.7% |
| Recurring financial charges | 65 | €2,186 | €2,704 | +€518 | +23.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€74,784 | €11,571 | +€86,355 | |
| Income taxes | 67/77 | €583 | €347 | -€235 | -40.4% |
| Profit (loss) for the period | 9904 | -€75,367 | €11,223 | +€86,590 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,367 | €11,223 | +€86,590 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.