LCS MANAGEMENT: 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.
LCS MANAGEMENT
Largest movements
- Cash -€8,069
down €8,069 (-53.6%), from €15,046 to €6,977
mainly Receivables within one year (-€8,031) and Net result for the year (-€2,899)
- Receivables within one year +€8,031
up €8,031 (+28.8%), from €27,912 to €35,942
of which Other amounts receivable: +€14,188
- Trade debts +€3,763
up €3,763 (+1535.8%), from €245 to €4,008
- Profit (loss) carried forward -€2,899
down €2,899 (-8.3%), from €35,094 to €32,195
- Tax, wage and social debts -€902
no longer reported in 2025 (was €902)
- Gross operating margin -€12,441
down €12,441 (-90.0%), from €13,817 to €1,376
- Other operating charges +€636
up €636 (+306.3%), from €208 to €843
- Taxes +€577
up €577 (+18.0%), from €3,200 to €3,776
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.
Cash bridge derived
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 | €42,958 | €42,920 | -€38 | -0.1% |
| Current assets | 29/58 | €42,958 | €42,920 | -€38 | -0.1% |
| Amounts receivable within one year | 40/41 | €27,912 | €35,942 | +€8,031 | +28.8% |
| Trade receivables | 40 | €8,157 | €2,000 | -€6,157 | -75.5% |
| Other amounts receivable | 41 | €19,754 | €33,942 | +€14,188 | +71.8% |
| Cash at bank and in hand | 54/58 | €15,046 | €6,977 | -€8,069 | -53.6% |
| Total equity and liabilities | 10/49 | €42,958 | €42,920 | -€38 | -0.1% |
| Equity | 10/15 | €41,810 | €38,912 | -€2,899 | -6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €517 | €517 | = | 0.0% |
| Non-distributable reserves | 130/1 | €517 | €517 | = | 0.0% |
| Other | 1319 | €517 | €517 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,094 | €32,195 | -€2,899 | -8.3% |
| Amounts payable | 17/49 | €1,147 | €4,008 | +€2,861 | +249.4% |
| Amounts payable within one year | 42/48 | €1,147 | €4,008 | +€2,861 | +249.4% |
| Trade debts | 44 | €245 | €4,008 | +€3,763 | +1535.8% |
| Suppliers | 440/4 | €245 | €4,008 | +€3,763 | +1535.8% |
| Taxes, remuneration and social security | 45 | €902 | - | -€902 | |
| Taxes | 450/3 | €902 | - | -€902 | |
| Other operating charges | 640/8 | €208 | €843 | +€636 | +306.3% |
| Gross operating margin | 9900 | €13,817 | €1,376 | -€12,441 | -90.0% |
| Operating profit (loss) | 9901 | €13,610 | €533 | -€13,077 | -96.1% |
| Financial income | 75/76B | €344 | €452 | +€107 | +31.2% |
| Recurring financial income | 75 | €344 | €452 | +€107 | +31.2% |
| Financial charges | 65/66B | €96 | €107 | +€12 | +12.4% |
| Recurring financial charges | 65 | €96 | €107 | +€12 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €13,859 | €878 | -€12,981 | -93.7% |
| Income taxes | 67/77 | €3,200 | €3,776 | +€577 | +18.0% |
| Profit (loss) for the period | 9904 | €10,659 | -€2,899 | -€13,558 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,659 | -€2,899 | -€13,558 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.