LCR CONCEPT: 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.
LCR CONCEPT
Largest movements
- Receivables within one year -€681
down €681 (-97.5%), from €698 to €17
of which Trade receivables: -€681
- Tangible fixed assets -€204
down €204 (-12.7%), from €1,603 to €1,399
- Cash -€88
down €88 (-11.5%), from €765 to €677
mainly Other debts (-€12,418)
- Intangible fixed assets -€85
down €85 (-35.9%), from €237 to €152
- Other debts -€12,418
down €12,418 (-32.2%), from €38,542 to €26,125
- Profit (loss) carried forward +€9,051
up €9,051 (+23.3%), from -€38,871 to -€29,820
- Tax, wage and social debts +€2,309
new in 2025: €2,309
- Gross operating margin +€16,705
up €16,705, from -€7,166 to €9,539
- Staff costs +€3,667
no longer reported in 2025 (was -€3,667)
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €3,303 | €2,245 | -€1,058 | -32.0% |
| Fixed assets | 21/28 | €1,840 | €1,551 | -€289 | -15.7% |
| Intangible fixed assets | 21 | €237 | €152 | -€85 | -35.9% |
| Tangible fixed assets | 22/27 | €1,603 | €1,399 | -€204 | -12.7% |
| Other tangible fixed assets | 26 | €1,603 | €1,399 | -€204 | -12.7% |
| Current assets | 29/58 | €1,463 | €694 | -€769 | -52.5% |
| Amounts receivable within one year | 40/41 | €698 | €17 | -€681 | -97.5% |
| Trade receivables | 40 | €681 | - | -€681 | |
| Other amounts receivable | 41 | €17 | €17 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €765 | €677 | -€88 | -11.5% |
| Total equity and liabilities | 10/49 | €3,303 | €2,245 | -€1,058 | -32.0% |
| Equity | 10/15 | -€35,871 | -€26,820 | +€9,051 | +25.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,871 | -€29,820 | +€9,051 | +23.3% |
| Amounts payable | 17/49 | €39,174 | €29,065 | -€10,109 | -25.8% |
| Amounts payable within one year | 42/48 | €39,174 | €29,065 | -€10,109 | -25.8% |
| Trade debts | 44 | €632 | €632 | = | 0.0% |
| Suppliers | 440/4 | €632 | €632 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €2,309 | +€2,309 | |
| Taxes | 450/3 | - | €2,309 | +€2,309 | |
| Other amounts payable | 47/48 | €38,542 | €26,125 | -€12,418 | -32.2% |
| Remuneration, social security and pensions | 62 | -€3,667 | - | +€3,667 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289 | €289 | = | 0.0% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Non-recurring operating charges | 66A | €469 | - | -€469 | |
| Gross operating margin | 9900 | -€7,166 | €9,539 | +€16,705 | |
| Operating profit (loss) | 9901 | -€4,642 | €9,250 | +€13,892 | |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €216 | €216 | -€0 | -0.2% |
| Recurring financial charges | 65 | €216 | €216 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,858 | €9,051 | +€13,909 | |
| Profit (loss) for the period | 9904 | -€4,858 | €9,051 | +€13,909 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,858 | €9,051 | +€13,909 |
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 16 October 2026 via checked.be.