LMC BENELUX: what changed
LMC BENELUX
Largest movements
- Cash +€229,593
up €229,593 (+96.7%), from €237,435 to €467,028
mainly Net result for the year (+€310,938) and Other debts (+€265,359)
- Receivables within one year -€85,298
down €85,298 (-12.7%), from €672,640 to €587,342
of which Trade receivables: -€97,477
- Tangible fixed assets -€27,681
down €27,681 (-16.5%), from €168,161 to €140,481
of which Land and buildings: -€24,008
- Trade debts -€266,396
down €266,396 (-51.1%), from €521,131 to €254,734
- Other debts +€265,359
up €265,359, from €0 to €265,359
- Tax, wage and social debts +€49,865
up €49,865 (+34.1%), from €146,378 to €196,243
of which Taxes: +€40,605
- Reserves +€36,000
new in 2025: €36,000
- Profit (loss) carried forward +€24,938
up €24,938 (+15.7%), from €158,476 to €183,414
- Staff costs -€763,220
down €763,220 (-71.6%), from €1.1m to €302,163
- Gross operating margin -€363,771
down €363,771 (-31.3%), from €1.2m to €799,049
- Financial income -€100,284
down €100,284 (-99.5%), from €100,805 to €521
of which Financial income: -€100,284
- Taxes +€92,818
up €92,818 (+331%), from €28,022 to €120,841
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,185,985 | €1,295,751 | +€109,766 | +9.3% |
| Fixed assets | 21/28 | €267,725 | €240,481 | -€27,244 | -10.2% |
| Tangible fixed assets | 22/27 | €168,161 | €140,481 | -€27,681 | -16.5% |
| Land and buildings | 22 | €145,447 | €121,440 | -€24,008 | -16.5% |
| Plant, machinery and equipment | 23 | €8,697 | €11,164 | +€2,466 | +28.4% |
| Furniture and vehicles | 24 | €14,017 | €7,877 | -€6,139 | -43.8% |
| Financial fixed assets | 28 | €99,564 | €100,000 | +€436 | +0.4% |
| Current assets | 29/58 | €918,260 | €1,055,270 | +€137,010 | +14.9% |
| Amounts receivable within one year | 40/41 | €672,640 | €587,342 | -€85,298 | -12.7% |
| Trade receivables | 40 | €628,731 | €531,253 | -€97,477 | -15.5% |
| Other amounts receivable | 41 | €43,909 | €56,089 | +€12,180 | +27.7% |
| Cash at bank and in hand | 54/58 | €237,435 | €467,028 | +€229,593 | +96.7% |
| Deferred charges and accrued income | 490/1 | €8,185 | €900 | -€7,285 | -89.0% |
| Total equity and liabilities | 10/49 | €1,185,985 | €1,295,751 | +€109,766 | +9.3% |
| Equity | 10/15 | €518,476 | €579,414 | +€60,938 | +11.8% |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Capital | 10 | €360,000 | €360,000 | = | 0.0% |
| Issued capital | 100 | €360,000 | €360,000 | = | 0.0% |
| Reserves | 13 | - | €36,000 | +€36,000 | |
| Non-distributable reserves | 130/1 | - | €36,000 | +€36,000 | |
| Legal reserve | 130 | - | €36,000 | +€36,000 | |
| Profit (loss) carried forward | 14 | €158,476 | €183,414 | +€24,938 | +15.7% |
| Amounts payable | 17/49 | €667,508 | €716,336 | +€48,828 | +7.3% |
| Amounts payable within one year | 42/48 | €667,508 | €716,336 | +€48,828 | +7.3% |
| Trade debts | 44 | €521,131 | €254,734 | -€266,396 | -51.1% |
| Suppliers | 440/4 | €521,131 | €254,734 | -€266,396 | -51.1% |
| Taxes, remuneration and social security | 45 | €146,378 | €196,243 | +€49,865 | +34.1% |
| Taxes | 450/3 | €51,060 | €91,666 | +€40,605 | +79.5% |
| Remuneration and social security | 454/9 | €95,317 | €104,577 | +€9,260 | +9.7% |
| Other amounts payable | 47/48 | €0 | €265,359 | +€265,359 | |
| Non-recurring operating income | 76A | - | €70,000 | +€70,000 | |
| Remuneration, social security and pensions | 62 | €1,065,383 | €302,163 | -€763,220 | -71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,597 | €43,563 | +€8,966 | +25.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€974 | -€8,485 | -€7,512 | -771% |
| Other operating charges | 640/8 | €22,199 | €30,551 | +€8,352 | +37.6% |
| Non-recurring operating charges | 66A | €525 | €0 | -€525 | -100% |
| Gross operating margin | 9900 | €1,162,820 | €799,049 | -€363,771 | -31.3% |
| Operating profit (loss) | 9901 | €41,090 | €431,257 | +€390,167 | +950% |
| Financial income | 75/76B | €100,805 | €521 | -€100,284 | -99.5% |
| Recurring financial income | 75 | €100,805 | €521 | -€100,284 | -99.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €0 | - | = | |
| Recurring financial charges | 65 | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €141,895 | €431,779 | +€289,884 | +204% |
| Income taxes | 67/77 | €28,022 | €120,841 | +€92,818 | +331% |
| Profit (loss) for the period | 9904 | €113,873 | €310,938 | +€197,065 | +173% |
| Profit (loss) for the period to be appropriated | 9905 | €113,873 | €310,938 | +€197,065 | +173% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.