LCML: 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.
LCML
Largest movements
- Receivables within one year +€19,495
up €19,495 (+57.7%), from €33,766 to €53,261
of which Other amounts receivable: +€19,495
- Cash -€16,901
down €16,901 (-9.0%), from €188,497 to €171,596
mainly Contributions, distributions and other (-€28,571) and Investment in fixed assets (net) (-€21,545)
- Tangible fixed assets +€14,732
up €14,732 (+328.3%), from €4,488 to €19,220
of which Plant, machinery and equipment: +€11,382
- Profit (loss) carried forward +€24,071
up €24,071 (+11.6%), from €206,923 to €230,994
- Other debts -€11,359
down €11,359 (-94.7%), from €12,000 to €641
- Reserves +€2,771
up €2,771 (+19.2%), from €14,421 to €17,192
- Gross operating margin +€36,853
up €36,853 (+79.5%), from €46,367 to €83,220
- Turnover +€32,543
up €32,543 (+9.3%), from €350,300 to €382,843
- Depreciation +€5,045
up €5,045 (+285.4%), from €1,768 to €6,813
- Purchases and services -€4,310
down €4,310 (-1.4%), from €303,933 to €299,623
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €249,700 | €267,421 | +€17,721 | +7.1% |
| Fixed assets | 21/28 | €4,488 | €19,220 | +€14,732 | +328.3% |
| Tangible fixed assets | 22/27 | €4,488 | €19,220 | +€14,732 | +328.3% |
| Plant, machinery and equipment | 23 | €4,488 | €15,870 | +€11,382 | +253.6% |
| Furniture and vehicles | 24 | - | €3,350 | +€3,350 | |
| Current assets | 29/58 | €245,212 | €248,201 | +€2,989 | +1.2% |
| Stocks and contracts in progress | 3 | €18,876 | €17,956 | -€920 | -4.9% |
| Stocks | 30/36 | €18,876 | €17,956 | -€920 | -4.9% |
| Amounts receivable within one year | 40/41 | €33,766 | €53,261 | +€19,495 | +57.7% |
| Trade receivables | 40 | €2,946 | €2,946 | = | 0.0% |
| Other amounts receivable | 41 | €30,820 | €50,315 | +€19,495 | +63.3% |
| Cash at bank and in hand | 54/58 | €188,497 | €171,596 | -€16,901 | -9.0% |
| Deferred charges and accrued income | 490/1 | €4,073 | €5,388 | +€1,315 | +32.3% |
| Total equity and liabilities | 10/49 | €249,700 | €267,421 | +€17,721 | +7.1% |
| Equity | 10/15 | €231,344 | €258,186 | +€26,842 | +11.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €8,600 | €8,600 | = | 0.0% |
| Reserves | 13 | €14,421 | €17,192 | +€2,771 | +19.2% |
| Non-distributable reserves | 130/1 | €14,421 | €17,192 | +€2,771 | +19.2% |
| Legal reserve | 130 | €14,421 | €17,192 | +€2,771 | +19.2% |
| Profit (loss) carried forward | 14 | €206,923 | €230,994 | +€24,071 | +11.6% |
| Amounts payable | 17/49 | €18,356 | €9,235 | -€9,121 | -49.7% |
| Amounts payable within one year | 42/48 | €18,356 | €9,235 | -€9,121 | -49.7% |
| Trade debts | 44 | €53 | €23 | -€30 | -56.6% |
| Suppliers | 440/4 | €53 | €23 | -€30 | -56.6% |
| Taxes, remuneration and social security | 45 | €6,303 | €8,571 | +€2,268 | +36.0% |
| Taxes | 450/3 | €6,303 | €8,571 | +€2,268 | +36.0% |
| Other amounts payable | 47/48 | €12,000 | €641 | -€11,359 | -94.7% |
| Turnover | 70 | €350,300 | €382,843 | +€32,543 | +9.3% |
| Non-recurring operating income | 76A | - | €5,769 | +€5,769 | |
| Goods, raw materials, services and sundry goods | 60/61 | €303,933 | €299,623 | -€4,310 | -1.4% |
| Remuneration, social security and pensions | 62 | €6,755 | €7,165 | +€410 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,768 | €6,813 | +€5,045 | +285.4% |
| Other operating charges | 640/8 | €1,940 | €1,753 | -€187 | -9.6% |
| Gross operating margin | 9900 | €46,367 | €83,220 | +€36,853 | +79.5% |
| Operating profit (loss) | 9901 | €35,904 | €67,489 | +€31,585 | +88.0% |
| Financial charges | 65/66B | €73 | €76 | +€3 | +4.1% |
| Recurring financial charges | 65 | €73 | €76 | +€3 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €35,831 | €67,413 | +€31,582 | +88.1% |
| Income taxes | 67/77 | €14,000 | €12,000 | -€2,000 | -14.3% |
| Profit (loss) for the period | 9904 | €21,831 | €55,413 | +€33,582 | +153.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,831 | €55,413 | +€33,582 | +153.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.