LCNP: 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.
What changed
LCNP
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€41,980
2024 · €72,558-€30,577
Equity
-€3,897
2024 · -€45,877+€41,980
Cash
€112,226
2024 · €108,883+€3,343
Balance sheet total
€2.5m
2024 · €2.7m-€271,175
Largest movements
Assets
- Tangible fixed assets -€169,072
down €169,072 (-7.3%), from €2.3m to €2.1m
- Receivables within one year -€87,533
down €87,533 (-78.4%), from €111,701 to €24,169
of which Trade receivables: -€75,343
Equity and liabilities
- Debts after one year -€267,081
down €267,081 (-11.4%), from €2.3m to €2.1m
of which Financial debts: -€142,665
- Trade debts -€51,623
down €51,623 (-55.2%), from €93,546 to €41,923
- Profit (loss) carried forward +€41,980
up €41,980 (+17.3%), from -€241,993 to -€200,013
Income statement
- Gross operating margin -€31,644
down €31,644 (-3.8%), from €841,094 to €809,450
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.
Result 2024
€72,558
Gross operating margin
-€31,644
Staff costs
-€6,768
Depreciation
+€6,032
Other operating charges
-€310
Financial income
+€495
Financial charges
+€1,596
Taxes
+€22
Result 2025
€41,980
raises the resultlowers the result
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.
From operations
+€282,366
Investment
-€9,264
Financing
-€269,759
Cash 2024
€108,883
From operations (derived)
+€282,366
Net result for the year
+€41,980
Depreciation
+€174,935
Stocks and contracts
+€13,027
Receivables within one year
+€87,533
Deferred charges and accrued income
+€8,288
Trade debts
-€51,623
Tax, wage and social debts
-€6,231
Advances received
-€1,080
Other debts
+€18,374
Accrued charges and deferred income
-€2,835
Investment (derived)
-€9,264
Investment in fixed assets (net)
-€9,264
Financing
-€269,759
Debts after one year
-€267,081
Current portion of long-term debt
-€2,679
Cash 2025
€112,226
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,733,536 | €2,462,361 | -€271,175 | -9.9% |
| Fixed assets | 21/28 | €2,309,734 | €2,144,063 | -€165,671 | -7.2% |
| Tangible fixed assets | 22/27 | €2,309,734 | €2,140,663 | -€169,072 | -7.3% |
| Land and buildings | 22 | €2,014,362 | €1,929,860 | -€84,502 | -4.2% |
| Plant, machinery and equipment | 23 | €163,804 | €118,890 | -€44,915 | -27.4% |
| Furniture and vehicles | 24 | €2,867 | €6,759 | +€3,892 | +136% |
| Other tangible fixed assets | 26 | €128,702 | €85,154 | -€43,548 | -33.8% |
| Financial fixed assets | 28 | - | €3,401 | +€3,401 | |
| Current assets | 29/58 | €423,801 | €318,298 | -€105,504 | -24.9% |
| Stocks and contracts in progress | 3 | €183,908 | €170,881 | -€13,027 | -7.1% |
| Stocks | 30/36 | €183,908 | €170,881 | -€13,027 | -7.1% |
| Amounts receivable within one year | 40/41 | €111,701 | €24,169 | -€87,533 | -78.4% |
| Trade receivables | 40 | €92,761 | €17,418 | -€75,343 | -81.2% |
| Other amounts receivable | 41 | €18,940 | €6,750 | -€12,190 | -64.4% |
| Cash at bank and in hand | 54/58 | €108,883 | €112,226 | +€3,343 | +3.1% |
| Deferred charges and accrued income | 490/1 | €19,309 | €11,021 | -€8,288 | -42.9% |
| Total equity and liabilities | 10/49 | €2,733,536 | €2,462,361 | -€271,175 | -9.9% |
| Equity | 10/15 | -€45,877 | -€3,897 | +€41,980 | +91.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €46,117 | €46,117 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,306 | - | -€2,306 | |
| Reserves not available under the articles | 1311 | €2,306 | - | -€2,306 | |
| Distributable reserves | 133 | €43,811 | €46,117 | +€2,306 | +5.3% |
| Profit (loss) carried forward | 14 | -€241,993 | -€200,013 | +€41,980 | +17.3% |
| Amounts payable | 17/49 | €2,779,413 | €2,466,258 | -€313,155 | -11.3% |
| Amounts payable after more than one year | 17 | €2,344,487 | €2,077,407 | -€267,081 | -11.4% |
| Financial debts | 170/4 | €2,154,732 | €2,012,067 | -€142,665 | -6.6% |
| Trade debts | 175 | €189,755 | €65,339 | -€124,416 | -65.6% |
| Amounts payable within one year | 42/48 | €428,425 | €385,186 | -€43,239 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €238,106 | €235,427 | -€2,679 | -1.1% |
| Trade debts | 44 | €93,546 | €41,923 | -€51,623 | -55.2% |
| Suppliers | 440/4 | €93,546 | €41,923 | -€51,623 | -55.2% |
| Advances received on contracts in progress | 46 | €1,080 | - | -€1,080 | |
| Taxes, remuneration and social security | 45 | €46,680 | €40,449 | -€6,231 | -13.3% |
| Taxes | 450/3 | €1,672 | €6,980 | +€5,308 | +318% |
| Remuneration and social security | 454/9 | €45,008 | €33,469 | -€11,539 | -25.6% |
| Other amounts payable | 47/48 | €49,014 | €67,388 | +€18,374 | +37.5% |
| Accrued charges and deferred income | 492/3 | €6,500 | €3,665 | -€2,835 | -43.6% |
| Remuneration, social security and pensions | 62 | €497,096 | €503,864 | +€6,768 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,966 | €174,935 | -€6,032 | -3.3% |
| Other operating charges | 640/8 | €18,959 | €19,269 | +€310 | +1.6% |
| Gross operating margin | 9900 | €841,094 | €809,450 | -€31,644 | -3.8% |
| Operating profit (loss) | 9901 | €144,073 | €111,382 | -€32,691 | -22.7% |
| Financial income | 75/76B | €585 | €1,080 | +€495 | +84.7% |
| Recurring financial income | 75 | €585 | €1,080 | +€495 | +84.7% |
| Financial charges | 65/66B | €71,235 | €69,639 | -€1,596 | -2.2% |
| Recurring financial charges | 65 | €71,235 | €69,639 | -€1,596 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €73,423 | €42,823 | -€30,600 | -41.7% |
| Income taxes | 67/77 | €866 | €843 | -€22 | -2.6% |
| Profit (loss) for the period | 9904 | €72,558 | €41,980 | -€30,577 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,558 | €41,980 | -€30,577 | -42.1% |
Source: filed annual accounts (NBB), financial years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.