LCN: 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.
LCN
Largest movements
- Receivables within one year -€10,026
down €10,026 (-16.6%), from €60,321 to €50,295
- Receivables after one year +€6,500
up €6,500 (+2.8%), from €229,854 to €236,354
- Financial fixed assets -€4,999
no longer reported in 2025 (was €4,999)
- Cash -€4,702
down €4,702 (-72.5%), from €6,487 to €1,784
mainly Short-term financial debts (-€9,900) and Receivables after one year (-€6,500)
- Deferred charges and accrued income +€3,842
new in 2025: €3,842
- Short-term financial debts -€9,900
down €9,900 (-25.1%), from €39,500 to €29,600
- Accrued charges and deferred income +€3,800
new in 2025: €3,800
- Trade debts -€3,376
no longer reported in 2025 (was €3,376)
- Financial income -€1,081
down €1,081 (-11.0%), from €9,809 to €8,729
- Financial charges -€1,033
down €1,033 (-26.5%), from €3,905 to €2,872
- Gross operating margin -€61
down €61 (-1.2%), from -€5,120 to -€5,181
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 | €301,661 | €292,276 | -€9,386 | -3.1% |
| Fixed assets | 21/28 | €4,999 | - | -€4,999 | |
| Financial fixed assets | 28 | €4,999 | - | -€4,999 | |
| Current assets | 29/58 | €296,662 | €292,276 | -€4,387 | -1.5% |
| Amounts receivable after more than one year | 29 | €229,854 | €236,354 | +€6,500 | +2.8% |
| Other amounts receivable | 291 | €229,854 | €236,354 | +€6,500 | +2.8% |
| Amounts receivable within one year | 40/41 | €60,321 | €50,295 | -€10,026 | -16.6% |
| Other amounts receivable | 41 | €60,321 | €50,295 | -€10,026 | -16.6% |
| Cash at bank and in hand | 54/58 | €6,487 | €1,784 | -€4,702 | -72.5% |
| Deferred charges and accrued income | 490/1 | - | €3,842 | +€3,842 | |
| Total equity and liabilities | 10/49 | €301,661 | €292,276 | -€9,386 | -3.1% |
| Equity | 10/15 | €258,471 | €258,580 | +€109 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,862 | €4,862 | = | 0.0% |
| Distributable reserves | 133 | €4,862 | €4,862 | = | 0.0% |
| Profit (loss) carried forward | 14 | €247,409 | €247,518 | +€109 | 0.0% |
| Amounts payable | 17/49 | €43,190 | €33,696 | -€9,495 | -22.0% |
| Amounts payable within one year | 42/48 | €43,190 | €29,896 | -€13,295 | -30.8% |
| Financial debts | 43 | €39,500 | €29,600 | -€9,900 | -25.1% |
| Credit institutions | 430/8 | €39,500 | €29,600 | -€9,900 | -25.1% |
| Trade debts | 44 | €3,376 | - | -€3,376 | |
| Suppliers | 440/4 | €3,376 | - | -€3,376 | |
| Taxes, remuneration and social security | 45 | €132 | €114 | -€19 | -14.1% |
| Taxes | 450/3 | €132 | €114 | -€19 | -14.1% |
| Other amounts payable | 47/48 | €182 | €182 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €3,800 | +€3,800 | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€5,120 | -€5,181 | -€61 | -1.2% |
| Operating profit (loss) | 9901 | -€5,633 | -€5,708 | -€75 | -1.3% |
| Financial income | 75/76B | €9,809 | €8,729 | -€1,081 | -11.0% |
| Recurring financial income | 75 | €9,809 | €8,729 | -€1,081 | -11.0% |
| Financial charges | 65/66B | €3,905 | €2,872 | -€1,033 | -26.5% |
| Recurring financial charges | 65 | €3,905 | €2,872 | -€1,033 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €272 | €149 | -€123 | -45.2% |
| Income taxes | 67/77 | €74 | €40 | -€34 | -46.4% |
| Profit (loss) for the period | 9904 | €198 | €109 | -€89 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €198 | €109 | -€89 | -44.8% |
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 27 October 2026 via checked.be.