LFCH: 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.
LFCH
Largest movements
- Cash -€25,530
down €25,530 (-34.9%), from €73,118 to €47,588
mainly Contributions, distributions and other (-€78,962) and Other debts (-€26,333)
- Receivables within one year -€18,307
down €18,307 (-55.8%), from €32,803 to €14,496
of which Other amounts receivable: -€26,625
- Other debts -€26,333
down €26,333 (-68.1%), from €38,677 to €12,344
- Reserves -€19,735
down €19,735 (-6.2%), from €320,712 to €300,977
of which Distributable reserves: -€19,735
- Tax, wage and social debts +€13,244
up €13,244 (+62.4%), from €21,218 to €34,462
- Trade debts -€9,576
down €9,576 (-91.6%), from €10,451 to €875
- Gross operating margin +€63,732
up €63,732 (+263.3%), from €24,209 to €87,941
- Taxes +€20,372
up €20,372 (+319.6%), from €6,374 to €26,746
- Financial charges +€2,127
up €2,127 (+643.7%), from €330 to €2,458
- Other operating charges -€1,157
down €1,157 (-69.0%), from €1,677 to €520
- Financial income +€1,062
up €1,062 (+4423.2%), from €24 to €1,086
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 | €403,458 | €361,058 | -€42,400 | -10.5% |
| Fixed assets | 21/28 | €295,807 | €296,599 | +€792 | +0.3% |
| Tangible fixed assets | 22/27 | - | €792 | +€792 | |
| Furniture and vehicles | 24 | - | €792 | +€792 | |
| Financial fixed assets | 28 | €295,807 | €295,807 | = | 0.0% |
| Current assets | 29/58 | €107,651 | €64,459 | -€43,192 | -40.1% |
| Amounts receivable within one year | 40/41 | €32,803 | €14,496 | -€18,307 | -55.8% |
| Trade receivables | 40 | €0 | €8,317 | +€8,317 | |
| Other amounts receivable | 41 | €32,803 | €6,178 | -€26,625 | -81.2% |
| Cash at bank and in hand | 54/58 | €73,118 | €47,588 | -€25,530 | -34.9% |
| Deferred charges and accrued income | 490/1 | €1,729 | €2,375 | +€645 | +37.3% |
| Total equity and liabilities | 10/49 | €403,458 | €361,058 | -€42,400 | -10.5% |
| Equity | 10/15 | €333,112 | €313,377 | -€19,735 | -5.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €320,712 | €300,977 | -€19,735 | -6.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €320,712 | €300,977 | -€19,735 | -6.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €70,346 | €47,681 | -€22,665 | -32.2% |
| Amounts payable within one year | 42/48 | €70,346 | €47,681 | -€22,665 | -32.2% |
| Trade debts | 44 | €10,451 | €875 | -€9,576 | -91.6% |
| Suppliers | 440/4 | €10,451 | €875 | -€9,576 | -91.6% |
| Taxes, remuneration and social security | 45 | €21,218 | €34,462 | +€13,244 | +62.4% |
| Taxes | 450/3 | €21,218 | €34,462 | +€13,244 | +62.4% |
| Other amounts payable | 47/48 | €38,677 | €12,344 | -€26,333 | -68.1% |
| Non-recurring operating income | 76A | - | €31,358 | +€31,358 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €77 | +€77 | |
| Other operating charges | 640/8 | €1,677 | €520 | -€1,157 | -69.0% |
| Gross operating margin | 9900 | €24,209 | €87,941 | +€63,732 | +263.3% |
| Operating profit (loss) | 9901 | €22,533 | €87,345 | +€64,812 | +287.6% |
| Financial income | 75/76B | €24 | €1,086 | +€1,062 | +4423.2% |
| Recurring financial income | 75 | €24 | €1,086 | +€1,062 | +4423.2% |
| Financial charges | 65/66B | €330 | €2,458 | +€2,127 | +643.7% |
| Recurring financial charges | 65 | €330 | €2,458 | +€2,127 | +643.7% |
| Profit (loss) for the period before taxes | 9903 | €22,226 | €85,973 | +€63,747 | +286.8% |
| Income taxes | 67/77 | €6,374 | €26,746 | +€20,372 | +319.6% |
| Profit (loss) for the period | 9904 | €15,852 | €59,227 | +€43,375 | +273.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,852 | €59,227 | +€43,375 | +273.6% |
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 1 October 2026 via checked.be.