LCW Management: 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.
LCW Management
Largest movements
- Cash +€5,176
up €5,176 (+287.7%), from €1,799 to €6,975
mainly Net result for the year (+€8,464) and Receivables within one year (+€750)
- Deferred charges and accrued income +€2,375
up €2,375 (+281.1%), from €845 to €3,220
- Receivables within one year -€750
down €750 (-13.4%), from €5,587 to €4,837
- Profit (loss) carried forward +€6,798
up €6,798 (+407.8%), from €1,667 to €8,466
- Other debts +€712
up €712 (+33.0%), from €2,156 to €2,869
- Trade debts -€704
down €704 (-64.3%), from €1,096 to €391
- Gross operating margin +€6,071
up €6,071 (+128.7%), from €4,718 to €10,788
- Taxes +€1,365
up €1,365 (+161.3%), from €846 to €2,211
- Other operating charges -€415
down €415 (-86.3%), from €480 to €66
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 | €8,231 | €15,031 | +€6,800 | +82.6% |
| Current assets | 29/58 | €8,231 | €15,031 | +€6,800 | +82.6% |
| Amounts receivable within one year | 40/41 | €5,587 | €4,837 | -€750 | -13.4% |
| Trade receivables | 40 | €5,587 | €4,837 | -€750 | -13.4% |
| Cash at bank and in hand | 54/58 | €1,799 | €6,975 | +€5,176 | +287.7% |
| Deferred charges and accrued income | 490/1 | €845 | €3,220 | +€2,375 | +281.1% |
| Total equity and liabilities | 10/49 | €8,231 | €15,031 | +€6,800 | +82.6% |
| Equity | 10/15 | €3,667 | €10,466 | +€6,798 | +185.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,667 | €8,466 | +€6,798 | +407.8% |
| Amounts payable | 17/49 | €4,564 | €4,566 | +€2 | 0.0% |
| Amounts payable within one year | 42/48 | €4,564 | €4,566 | +€2 | 0.0% |
| Trade debts | 44 | €1,096 | €391 | -€704 | -64.3% |
| Suppliers | 440/4 | €1,096 | €391 | -€704 | -64.3% |
| Taxes, remuneration and social security | 45 | €1,312 | €1,306 | -€6 | -0.5% |
| Taxes | 450/3 | €1,312 | €1,306 | -€6 | -0.5% |
| Other amounts payable | 47/48 | €2,156 | €2,869 | +€712 | +33.0% |
| Other operating charges | 640/8 | €480 | €66 | -€415 | -86.3% |
| Gross operating margin | 9900 | €4,718 | €10,788 | +€6,071 | +128.7% |
| Operating profit (loss) | 9901 | €4,237 | €10,723 | +€6,485 | +153.0% |
| Financial charges | 65/66B | €6 | €47 | +€41 | +700.5% |
| Recurring financial charges | 65 | €6 | €47 | +€41 | +700.5% |
| Profit (loss) for the period before taxes | 9903 | €4,232 | €10,676 | +€6,444 | +152.3% |
| Income taxes | 67/77 | €846 | €2,211 | +€1,365 | +161.3% |
| Profit (loss) for the period | 9904 | €3,385 | €8,464 | +€5,079 | +150.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,385 | €8,464 | +€5,079 | +150.0% |
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 12 October 2026 via checked.be.