LCH DIGITAL: 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.
LCH DIGITAL
Largest movements
- Receivables within one year -€515,909
down €515,909 (-77.5%), from €665,364 to €149,455
of which Trade receivables: -€519,488
- Receivables after one year +€466,397
new in 2025: €466,397
- Financial fixed assets +€350,000
up €350,000 (+25.9%), from €1.3m to €1.7m
- Current investments -€327,506
down €327,506 (-6.7%), from €4.9m to €4.6m
- Cash -€75,418
down €75,418 (-42.0%), from €179,493 to €104,074
mainly Receivables after one year (-€466,397) and Investment in fixed assets (net) (-€350,000)
- Profit (loss) carried forward -€92,352
down €92,352 (-2.0%), from €4.7m to €4.6m
- Financial income -€361,586
down €361,586 (-73.6%), from €491,234 to €129,648
of which Non-recurring financial income: -€345,963
- Gross operating margin +€255,658
up €255,658 (+82.6%), from -€309,496 to -€53,838
- Financial charges +€125,210
up €125,210 (+316.8%), from €39,526 to €164,737
- Taxes -€60,790
no longer reported in 2025 (was €60,790)
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 | €7,088,928 | €6,986,339 | -€102,589 | -1.4% |
| Fixed assets | 21/28 | €1,351,076 | €1,700,676 | +€349,600 | +25.9% |
| Tangible fixed assets | 22/27 | €1,333 | €933 | -€400 | -30.0% |
| Plant, machinery and equipment | 23 | €1,333 | €933 | -€400 | -30.0% |
| Financial fixed assets | 28 | €1,349,743 | €1,699,743 | +€350,000 | +25.9% |
| Current assets | 29/58 | €5,737,852 | €5,285,663 | -€452,189 | -7.9% |
| Amounts receivable after more than one year | 29 | - | €466,397 | +€466,397 | |
| Trade receivables | 290 | - | €466,397 | +€466,397 | |
| Amounts receivable within one year | 40/41 | €665,364 | €149,455 | -€515,909 | -77.5% |
| Trade receivables | 40 | €600,000 | €80,512 | -€519,488 | -86.6% |
| Other amounts receivable | 41 | €65,364 | €68,943 | +€3,579 | +5.5% |
| Current investments | 50/53 | €4,892,995 | €4,565,489 | -€327,506 | -6.7% |
| Cash at bank and in hand | 54/58 | €179,493 | €104,074 | -€75,418 | -42.0% |
| Deferred charges and accrued income | 490/1 | - | €247 | +€247 | |
| Total equity and liabilities | 10/49 | €7,088,928 | €6,986,339 | -€102,589 | -1.4% |
| Equity | 10/15 | €4,704,833 | €4,612,481 | -€92,352 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €4,684,373 | €4,592,021 | -€92,352 | -2.0% |
| Amounts payable | 17/49 | €2,384,095 | €2,373,858 | -€10,237 | -0.4% |
| Amounts payable after more than one year | 17 | €2,350,000 | €2,350,000 | = | 0.0% |
| Financial debts | 170/4 | €2,350,000 | €2,350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,095 | €22,860 | -€11,235 | -33.0% |
| Trade debts | 44 | €34,095 | €22,860 | -€11,235 | -33.0% |
| Suppliers | 440/4 | €34,095 | €22,860 | -€11,235 | -33.0% |
| Accrued charges and deferred income | 492/3 | - | €998 | +€998 | |
| Non-recurring operating income | 76A | €345,963 | - | -€345,963 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €400 | = | 0.0% |
| Other operating charges | 640/8 | €3,173 | €3,026 | -€147 | -4.6% |
| Non-recurring operating charges | 66A | €218,550 | - | -€218,550 | |
| Gross operating margin | 9900 | -€309,496 | -€53,838 | +€255,658 | +82.6% |
| Operating profit (loss) | 9901 | -€531,619 | -€57,264 | +€474,356 | +89.2% |
| Financial income | 75/76B | €491,234 | €129,648 | -€361,586 | -73.6% |
| Recurring financial income | 75 | €145,271 | €129,648 | -€15,622 | -10.8% |
| Non-recurring financial income | 76B | €345,963 | - | -€345,963 | |
| Financial charges | 65/66B | €39,526 | €164,737 | +€125,210 | +316.8% |
| Recurring financial charges | 65 | €39,526 | €164,737 | +€125,210 | +316.8% |
| Profit (loss) for the period before taxes | 9903 | -€79,912 | -€92,352 | -€12,440 | -15.6% |
| Income taxes | 67/77 | €60,790 | - | -€60,790 | |
| Profit (loss) for the period | 9904 | -€140,702 | -€92,352 | +€48,350 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€140,702 | -€92,352 | +€48,350 | +34.4% |
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 6 October 2026 via checked.be.