LCM COLLECTIVE: 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.
LCM COLLECTIVE
Largest movements
- Receivables within one year +€60,698
up €60,698 (+112%), from €54,165 to €114,864
of which Other amounts receivable: +€44,015
- Tangible fixed assets -€36,841
down €36,841 (-81.5%), from €45,186 to €8,345
of which Furniture and vehicles: -€36,581
- Cash -€4,649
down €4,649 (-21.0%), from €22,097 to €17,448
mainly Contributions, distributions and other (-€115,000) and Receivables within one year (-€60,698)
- Deferred charges and accrued income -€2,454
down €2,454 (-97.3%), from €2,523 to €69
- Other debts +€94,300
new in 2025: €94,300
- Profit (loss) carried forward -€74,600
down €74,600 (-97.2%), from €76,762 to €2,162
- Tax, wage and social debts +€23,646
up €23,646 (+151%), from €15,629 to €39,275
- Debts after one year -€19,094
no longer reported in 2025 (was €19,094)
- Current portion of long-term debt -€7,291
down €7,291 (-73.9%), from €9,864 to €2,573
- Gross operating margin +€14,815
up €14,815 (+28.7%), from €51,709 to €66,524
- Depreciation -€9,141
down €9,141 (-71.5%), from €12,784 to €3,642
- Taxes +€2,626
up €2,626 (+29.9%), from €8,794 to €11,420
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 | €123,972 | €140,726 | +€16,754 | +13.5% |
| Fixed assets | 21/28 | €45,186 | €8,345 | -€36,841 | -81.5% |
| Tangible fixed assets | 22/27 | €45,186 | €8,345 | -€36,841 | -81.5% |
| Land and buildings | 22 | €2,549 | €2,289 | -€260 | -10.2% |
| Furniture and vehicles | 24 | €42,638 | €6,056 | -€36,581 | -85.8% |
| Current assets | 29/58 | €78,786 | €132,381 | +€53,595 | +68.0% |
| Amounts receivable within one year | 40/41 | €54,165 | €114,864 | +€60,698 | +112% |
| Trade receivables | 40 | €14,617 | €31,300 | +€16,684 | +114% |
| Other amounts receivable | 41 | €39,548 | €83,563 | +€44,015 | +111% |
| Cash at bank and in hand | 54/58 | €22,097 | €17,448 | -€4,649 | -21.0% |
| Deferred charges and accrued income | 490/1 | €2,523 | €69 | -€2,454 | -97.3% |
| Total equity and liabilities | 10/49 | €123,972 | €140,726 | +€16,754 | +13.5% |
| Equity | 10/15 | €77,762 | €3,162 | -€74,600 | -95.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,762 | €2,162 | -€74,600 | -97.2% |
| Amounts payable | 17/49 | €46,210 | €137,564 | +€91,354 | +198% |
| Amounts payable after more than one year | 17 | €19,094 | - | -€19,094 | |
| Financial debts | 170/4 | €19,094 | - | -€19,094 | |
| Amounts payable within one year | 42/48 | €27,116 | €137,564 | +€110,449 | +407% |
| Current portion of amounts payable after more than one year | 42 | €9,864 | €2,573 | -€7,291 | -73.9% |
| Trade debts | 44 | €1,622 | €1,416 | -€206 | -12.7% |
| Suppliers | 440/4 | €1,622 | €1,416 | -€206 | -12.7% |
| Taxes, remuneration and social security | 45 | €15,629 | €39,275 | +€23,646 | +151% |
| Taxes | 450/3 | €15,629 | €39,275 | +€23,646 | +151% |
| Other amounts payable | 47/48 | - | €94,300 | +€94,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,784 | €3,642 | -€9,141 | -71.5% |
| Other operating charges | 640/8 | €158 | €415 | +€257 | +163% |
| Non-recurring operating charges | 66A | - | €8,247 | +€8,247 | |
| Gross operating margin | 9900 | €51,709 | €66,524 | +€14,815 | +28.7% |
| Operating profit (loss) | 9901 | €38,767 | €54,220 | +€15,453 | +39.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,857 | €2,400 | +€543 | +29.2% |
| Recurring financial charges | 65 | €1,857 | €2,400 | +€543 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | €36,910 | €51,820 | +€14,910 | +40.4% |
| Income taxes | 67/77 | €8,794 | €11,420 | +€2,626 | +29.9% |
| Profit (loss) for the period | 9904 | €28,116 | €40,400 | +€12,284 | +43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,116 | €40,400 | +€12,284 | +43.7% |
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 26 October 2026 via checked.be.