Lcs Tec: 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.
Lcs Tec
Largest movements
- Cash +€18,281
up €18,281 (+67.7%), from €26,999 to €45,280
mainly Net result for the year (+€25,695) and Receivables within one year (+€1,236)
- Receivables within one year -€1,236
down €1,236 (-12.0%), from €10,285 to €9,049
of which Trade receivables: -€1,785
- Reserves +€24,862
up €24,862 (+212%), from €11,720 to €36,582
- Tax, wage and social debts -€5,000
down €5,000 (-35.4%), from €14,117 to €9,116
- Trade debts -€1,840
down €1,840 (-75.5%), from €2,436 to €596
- Gross operating margin +€9,406
up €9,406 (+39.9%), from €23,583 to €32,988
- Depreciation -€3,538
no longer reported in 2025 (was €3,538)
- Taxes +€3,521
up €3,521 (+120%), from €2,930 to €6,451
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 | €37,284 | €54,912 | +€17,627 | +47.3% |
| Fixed assets | 21/28 | - | €400 | +€400 | |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €37,284 | €54,512 | +€17,227 | +46.2% |
| Amounts receivable within one year | 40/41 | €10,285 | €9,049 | -€1,236 | -12.0% |
| Trade receivables | 40 | €10,285 | €8,500 | -€1,785 | -17.4% |
| Other amounts receivable | 41 | - | €549 | +€549 | |
| Cash at bank and in hand | 54/58 | €26,999 | €45,280 | +€18,281 | +67.7% |
| Deferred charges and accrued income | 490/1 | - | €182 | +€182 | |
| Total equity and liabilities | 10/49 | €37,284 | €54,912 | +€17,627 | +47.3% |
| Equity | 10/15 | €14,220 | €39,082 | +€24,862 | +175% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €11,720 | €36,582 | +€24,862 | +212% |
| Distributable reserves | 133 | €11,720 | €36,582 | +€24,862 | +212% |
| Amounts payable | 17/49 | €23,064 | €15,830 | -€7,234 | -31.4% |
| Amounts payable within one year | 42/48 | €23,064 | €15,830 | -€7,234 | -31.4% |
| Trade debts | 44 | €2,436 | €596 | -€1,840 | -75.5% |
| Suppliers | 440/4 | €2,436 | €596 | -€1,840 | -75.5% |
| Taxes, remuneration and social security | 45 | €14,117 | €9,116 | -€5,000 | -35.4% |
| Taxes | 450/3 | €14,117 | €9,116 | -€5,000 | -35.4% |
| Other amounts payable | 47/48 | €6,512 | €6,117 | -€394 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,538 | - | -€3,538 | |
| Other operating charges | 640/8 | €387 | €591 | +€204 | +52.6% |
| Gross operating margin | 9900 | €23,583 | €32,988 | +€9,406 | +39.9% |
| Operating profit (loss) | 9901 | €19,657 | €32,397 | +€12,740 | +64.8% |
| Financial charges | 65/66B | €8 | €252 | +€244 | +3,254% |
| Recurring financial charges | 65 | €8 | €252 | +€244 | +3,254% |
| Profit (loss) for the period before taxes | 9903 | €19,650 | €32,146 | +€12,496 | +63.6% |
| Income taxes | 67/77 | €2,930 | €6,451 | +€3,521 | +120% |
| Profit (loss) for the period | 9904 | €16,720 | €25,695 | +€8,975 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,720 | €25,695 | +€8,975 | +53.7% |
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 18 October 2026 via checked.be.