LMC CONSTRUCT: 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.
LMC CONSTRUCT
Largest movements
- Receivables within one year -€60,696
down €60,696 (-15.5%), from €392,410 to €331,713
of which Trade receivables: -€53,394
- Tangible fixed assets -€23,356
down €23,356 (-13.8%), from €169,219 to €145,863
of which Plant, machinery and equipment: -€15,960
- Cash -€8,107
down €8,107 (-73.1%), from €11,092 to €2,985
mainly Trade debts (-€109,555) and Debts after one year (-€8,268)
- Trade debts -€109,555
down €109,555 (-32.7%), from €335,309 to €225,754
- Tax, wage and social debts +€8,587
up €8,587 (+7.6%), from €112,812 to €121,399
of which Remuneration and social security: +€7,992
- Debts after one year -€8,268
down €8,268 (-7.7%), from €106,686 to €98,418
- Profit (loss) carried forward +€6,521
up €6,521 (+265.4%), from €2,457 to €8,978
- Turnover -€1.0m
no longer reported in 2025 (was €1.0m)
- Purchases and services -€519,344
no longer reported in 2025 (was €519,344)
- Gross operating margin +€58,136
up €58,136 (+11.0%), from €527,077 to €585,213
- Financial charges +€20,550
up €20,550 (+211.0%), from €9,741 to €30,291
- Other operating charges +€20,416
up €20,416 (+946.1%), from €2,158 to €22,574
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 | €624,196 | €527,015 | -€97,181 | -15.6% |
| Fixed assets | 21/28 | €169,219 | €145,863 | -€23,356 | -13.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €169,219 | €145,863 | -€23,356 | -13.8% |
| Land and buildings | 22 | €44,625 | €38,157 | -€6,468 | -14.5% |
| Plant, machinery and equipment | 23 | €123,666 | €107,706 | -€15,960 | -12.9% |
| Furniture and vehicles | 24 | €928 | - | -€928 | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €454,978 | €381,152 | -€73,826 | -16.2% |
| Stocks and contracts in progress | 3 | €43,552 | €38,835 | -€4,717 | -10.8% |
| Stocks | 30/36 | €43,552 | €38,835 | -€4,717 | -10.8% |
| Amounts receivable within one year | 40/41 | €392,410 | €331,713 | -€60,696 | -15.5% |
| Trade receivables | 40 | €343,910 | €290,516 | -€53,394 | -15.5% |
| Other amounts receivable | 41 | €48,500 | €41,197 | -€7,303 | -15.1% |
| Cash at bank and in hand | 54/58 | €11,092 | €2,985 | -€8,107 | -73.1% |
| Deferred charges and accrued income | 490/1 | €7,924 | €7,619 | -€306 | -3.9% |
| Total equity and liabilities | 10/49 | €624,196 | €527,015 | -€97,181 | -15.6% |
| Equity | 10/15 | €22,917 | €29,438 | +€6,521 | +28.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,457 | €8,978 | +€6,521 | +265.4% |
| Amounts payable | 17/49 | €601,279 | €497,576 | -€103,702 | -17.2% |
| Amounts payable after more than one year | 17 | €106,686 | €98,418 | -€8,268 | -7.7% |
| Financial debts | 170/4 | €106,686 | €98,418 | -€8,268 | -7.7% |
| Amounts payable within one year | 42/48 | €494,593 | €399,158 | -€95,435 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €7,846 | €8,268 | +€422 | +5.4% |
| Trade debts | 44 | €335,309 | €225,754 | -€109,555 | -32.7% |
| Suppliers | 440/4 | €335,309 | €225,754 | -€109,555 | -32.7% |
| Taxes, remuneration and social security | 45 | €112,812 | €121,399 | +€8,587 | +7.6% |
| Taxes | 450/3 | €1,533 | €2,128 | +€595 | +38.8% |
| Remuneration and social security | 454/9 | €111,279 | €119,271 | +€7,992 | +7.2% |
| Other amounts payable | 47/48 | €38,626 | €43,738 | +€5,112 | +13.2% |
| Turnover | 70 | €1,046,421 | - | -€1.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | €519,344 | - | -€519,344 | |
| Remuneration, social security and pensions | 62 | €494,830 | €499,763 | +€4,932 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,668 | €23,356 | +€6,688 | +40.1% |
| Other operating charges | 640/8 | €2,158 | €22,574 | +€20,416 | +946.1% |
| Non-recurring operating charges | 66A | €152 | - | -€152 | |
| Gross operating margin | 9900 | €527,077 | €585,213 | +€58,136 | +11.0% |
| Operating profit (loss) | 9901 | €13,269 | €39,521 | +€26,252 | +197.8% |
| Financial charges | 65/66B | €9,741 | €30,291 | +€20,550 | +211.0% |
| Recurring financial charges | 65 | €9,741 | €30,291 | +€20,550 | +211.0% |
| Profit (loss) for the period before taxes | 9903 | €3,527 | €9,230 | +€5,702 | +161.7% |
| Income taxes | 67/77 | €1,238 | €2,709 | +€1,471 | +118.8% |
| Profit (loss) for the period | 9904 | €2,290 | €6,521 | +€4,231 | +184.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,290 | €6,521 | +€4,231 | +184.8% |
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 30 September 2026 via checked.be.