LCGE: 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.
LCGE
Largest movements
- Receivables within one year -€6,434
down €6,434 (-38.2%), from €16,834 to €10,400
of which Trade receivables: -€6,294
- Tangible fixed assets -€780
down €780 (-83.9%), from €930 to €150
of which Plant, machinery and equipment: -€480
- Cash +€254
up €254 (+8.6%), from €2,962 to €3,216
mainly Receivables within one year (+€6,434) and Trade debts (+€1,161)
- Profit (loss) carried forward -€9,099
down €9,099, from €4,099 to -€5,000
- Trade debts +€1,161
up €1,161 (+492%), from €236 to €1,397
- Other debts +€800
up €800 (+9.1%), from €8,776 to €9,577
- Gross operating margin -€21,460
down €21,460 (-78.5%), from €27,328 to €5,868
- Staff costs -€8,754
down €8,754 (-40.1%), from €21,807 to €13,053
- Other operating charges -€1,581
down €1,581 (-60.2%), from €2,625 to €1,043
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 | €21,031 | €14,070 | -€6,961 | -33.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €930 | €150 | -€780 | -83.9% |
| Tangible fixed assets | 22/27 | €930 | €150 | -€780 | -83.9% |
| Plant, machinery and equipment | 23 | €480 | €0 | -€480 | -100% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €450 | €150 | -€300 | -66.7% |
| Current assets | 29/58 | €20,101 | €13,920 | -€6,181 | -30.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €16,834 | €10,400 | -€6,434 | -38.2% |
| Trade receivables | 40 | €16,388 | €10,095 | -€6,294 | -38.4% |
| Other amounts receivable | 41 | €446 | €305 | -€141 | -31.5% |
| Current investments | 50/53 | €136 | €136 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,962 | €3,216 | +€254 | +8.6% |
| Deferred charges and accrued income | 490/1 | €168 | €168 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €21,031 | €14,070 | -€6,961 | -33.1% |
| Equity | 10/15 | €10,299 | €1,200 | -€9,099 | -88.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,099 | -€5,000 | -€9,099 | |
| Amounts payable | 17/49 | €10,731 | €12,870 | +€2,138 | +19.9% |
| Amounts payable within one year | 42/48 | €10,731 | €12,870 | +€2,138 | +19.9% |
| Trade debts | 44 | €236 | €1,397 | +€1,161 | +492% |
| Suppliers | 440/4 | €236 | €1,397 | +€1,161 | +492% |
| Taxes, remuneration and social security | 45 | €1,719 | €1,896 | +€177 | +10.3% |
| Taxes | 450/3 | €0 | €280 | +€280 | |
| Remuneration and social security | 454/9 | €1,719 | €1,616 | -€103 | -6.0% |
| Other amounts payable | 47/48 | €8,776 | €9,577 | +€800 | +9.1% |
| Remuneration, social security and pensions | 62 | €21,807 | €13,053 | -€8,754 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €940 | €780 | -€160 | -17.0% |
| Other operating charges | 640/8 | €2,625 | €1,043 | -€1,581 | -60.2% |
| Gross operating margin | 9900 | €27,328 | €5,868 | -€21,460 | -78.5% |
| Operating profit (loss) | 9901 | €1,957 | -€9,008 | -€10,965 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €67 | €91 | +€24 | +35.6% |
| Recurring financial charges | 65 | €67 | €91 | +€24 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | €1,890 | -€9,099 | -€10,989 | |
| Profit (loss) for the period | 9904 | €1,890 | -€9,099 | -€10,989 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,890 | -€9,099 | -€10,989 |
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 20 October 2026 via checked.be.