LCLD: 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.
LCLD
Largest movements
- Cash -€10,066
no longer reported in 2025 (was €10,066)
mainly Investment in fixed assets (net) (-€22,773) and Net result for the year (-€13,534)
- Stocks and contracts +€8,878
up €8,878 (+21.2%), from €41,967 to €50,845
- Tangible fixed assets +€8,341
up €8,341 (+17.8%), from €46,795 to €55,136
of which Plant, machinery and equipment: +€7,888
- Deferred charges and accrued income +€4,636
up €4,636 (+881%), from €526 to €5,162
- Financial fixed assets +€2,000
up €2,000 (+39.2%), from €5,100 to €7,100
- Short-term financial debts +€19,408
new in 2025: €19,408
- Profit (loss) carried forward -€13,534
down €13,534, from €10,061 to -€3,473
- Current portion of long-term debt +€8,657
up €8,657 (+99.6%), from €8,692 to €17,350
- Other debts -€6,155
down €6,155 (-57.5%), from €10,711 to €4,556
- Debts after one year +€4,823
up €4,823 (+20.4%), from €23,645 to €28,468
- Gross operating margin -€12,250
down €12,250 (-9.4%), from €130,186 to €117,936
- Staff costs +€6,895
up €6,895 (+7.1%), from €96,633 to €103,528
- Depreciation +€6,404
up €6,404 (+106%), from €6,028 to €12,432
- Taxes -€4,973
down €4,973 (-89.3%), from €5,568 to €595
- Financial charges +€4,942
up €4,942 (+54.6%), from €9,054 to €13,997
of which Financial charges: +€2,592
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 | €106,566 | €119,256 | +€12,690 | +11.9% |
| Fixed assets | 21/28 | €51,895 | €62,236 | +€10,341 | +19.9% |
| Tangible fixed assets | 22/27 | €46,795 | €55,136 | +€8,341 | +17.8% |
| Plant, machinery and equipment | 23 | €2,986 | €10,873 | +€7,888 | +264% |
| Furniture and vehicles | 24 | €261 | €1,086 | +€825 | +316% |
| Leasing and similar rights | 25 | €26,833 | €20,902 | -€5,930 | -22.1% |
| Other tangible fixed assets | 26 | €16,716 | €22,275 | +€5,559 | +33.3% |
| Financial fixed assets | 28 | €5,100 | €7,100 | +€2,000 | +39.2% |
| Current assets | 29/58 | €54,671 | €57,020 | +€2,349 | +4.3% |
| Stocks and contracts in progress | 3 | €41,967 | €50,845 | +€8,878 | +21.2% |
| Stocks | 30/36 | €41,967 | €50,845 | +€8,878 | +21.2% |
| Amounts receivable within one year | 40/41 | €2,112 | €1,013 | -€1,099 | -52.0% |
| Trade receivables | 40 | €1,638 | €66 | -€1,572 | -96.0% |
| Other amounts receivable | 41 | €474 | €947 | +€472 | +99.6% |
| Cash at bank and in hand | 54/58 | €10,066 | - | -€10,066 | |
| Deferred charges and accrued income | 490/1 | €526 | €5,162 | +€4,636 | +881% |
| Total equity and liabilities | 10/49 | €106,566 | €119,256 | +€12,690 | +11.9% |
| Equity | 10/15 | €22,061 | €8,527 | -€13,534 | -61.3% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,061 | -€3,473 | -€13,534 | |
| Amounts payable | 17/49 | €84,505 | €110,730 | +€26,224 | +31.0% |
| Amounts payable after more than one year | 17 | €23,645 | €28,468 | +€4,823 | +20.4% |
| Financial debts | 170/4 | €23,645 | €28,468 | +€4,823 | +20.4% |
| Amounts payable within one year | 42/48 | €60,860 | €82,261 | +€21,401 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €8,692 | €17,350 | +€8,657 | +99.6% |
| Financial debts | 43 | - | €19,408 | +€19,408 | |
| Credit institutions | 430/8 | - | €19,408 | +€19,408 | |
| Trade debts | 44 | €16,428 | €17,128 | +€699 | +4.3% |
| Suppliers | 440/4 | €16,428 | €17,128 | +€699 | +4.3% |
| Taxes, remuneration and social security | 45 | €25,028 | €23,821 | -€1,208 | -4.8% |
| Taxes | 450/3 | €7,281 | €3,857 | -€3,424 | -47.0% |
| Remuneration and social security | 454/9 | €17,748 | €19,964 | +€2,216 | +12.5% |
| Other amounts payable | 47/48 | €10,711 | €4,556 | -€6,155 | -57.5% |
| Remuneration, social security and pensions | 62 | €96,633 | €103,528 | +€6,895 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,028 | €12,432 | +€6,404 | +106% |
| Other operating charges | 640/8 | €447 | €934 | +€486 | +109% |
| Non-recurring operating charges | 66A | €3,232 | - | -€3,232 | |
| Gross operating margin | 9900 | €130,186 | €117,936 | -€12,250 | -9.4% |
| Operating profit (loss) | 9901 | €23,845 | €1,042 | -€22,803 | -95.6% |
| Financial income | 75/76B | €68 | €15 | -€53 | -77.6% |
| Recurring financial income | 75 | €68 | €15 | -€53 | -77.6% |
| Financial charges | 65/66B | €9,054 | €13,997 | +€4,942 | +54.6% |
| Recurring financial charges | 65 | €3,411 | €6,003 | +€2,592 | +76.0% |
| Non-recurring financial charges | 66B | €5,643 | €7,994 | +€2,351 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €14,859 | -€12,939 | -€27,798 | |
| Income taxes | 67/77 | €5,568 | €595 | -€4,973 | -89.3% |
| Profit (loss) for the period | 9904 | €9,291 | -€13,534 | -€22,825 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,291 | -€13,534 | -€22,825 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.