LMCL: 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.
LMCL
Largest movements
- Current investments +€556,210
up €556,210 (+103.0%), from €539,771 to €1.1m
- Cash -€502,804
down €502,804 (-97.9%), from €513,654 to €10,851
mainly Current investments (-€556,210) and Net result for the year (-€33,876)
- Other debts +€61,035
up €61,035 (+2.6%), from €2.4m to €2.4m
- Financial income -€206,531
down €206,531 (-57.3%), from €360,454 to €153,922
of which Non-recurring financial income: -€191,398
- Financial charges -€24,209
down €24,209 (-15.0%), from €161,094 to €136,885
- Taxes -€14,119
down €14,119 (-95.7%), from €14,747 to €628
- Gross operating margin -€12,987
down €12,987, from €10,904 to -€2,083
- Other operating charges -€7,119
down €7,119 (-35.0%), from €20,361 to €13,242
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,027,735 | €5,052,855 | +€25,120 | +0.5% |
| Fixed assets | 21/28 | €3,913,644 | €3,878,683 | -€34,960 | -0.9% |
| Tangible fixed assets | 22/27 | €512,581 | €477,620 | -€34,960 | -6.8% |
| Land and buildings | 22 | €449,809 | €432,531 | -€17,277 | -3.8% |
| Plant, machinery and equipment | 23 | €31,281 | €24,668 | -€6,613 | -21.1% |
| Furniture and vehicles | 24 | €31,491 | €20,421 | -€11,070 | -35.2% |
| Financial fixed assets | 28 | €3,401,063 | €3,401,063 | = | 0.0% |
| Current assets | 29/58 | €1,114,092 | €1,174,172 | +€60,080 | +5.4% |
| Amounts receivable within one year | 40/41 | €57,111 | €63,223 | +€6,113 | +10.7% |
| Trade receivables | 40 | €4,709 | €566 | -€4,144 | -88.0% |
| Other amounts receivable | 41 | €52,401 | €62,657 | +€10,256 | +19.6% |
| Current investments | 50/53 | €539,771 | €1,095,981 | +€556,210 | +103.0% |
| Cash at bank and in hand | 54/58 | €513,654 | €10,851 | -€502,804 | -97.9% |
| Deferred charges and accrued income | 490/1 | €3,556 | €4,117 | +€561 | +15.8% |
| Total equity and liabilities | 10/49 | €5,027,735 | €5,052,855 | +€25,120 | +0.5% |
| Equity | 10/15 | €2,626,724 | €2,592,848 | -€33,876 | -1.3% |
| Contributions | 10/11 | €1,982,000 | €1,982,000 | = | 0.0% |
| Capital | 10 | €1,982,000 | €1,982,000 | = | 0.0% |
| Issued capital | 100 | €1,982,000 | €1,982,000 | = | 0.0% |
| Reserves | 13 | €206,991 | €206,991 | = | 0.0% |
| Non-distributable reserves | 130/1 | €65,919 | €65,919 | = | 0.0% |
| Legal reserve | 130 | €65,919 | €65,919 | = | 0.0% |
| Distributable reserves | 133 | €141,072 | €141,072 | = | 0.0% |
| Profit (loss) carried forward | 14 | €437,732 | €403,857 | -€33,876 | -7.7% |
| Amounts payable | 17/49 | €2,401,012 | €2,460,007 | +€58,996 | +2.5% |
| Amounts payable within one year | 42/48 | €2,394,377 | €2,455,982 | +€61,605 | +2.6% |
| Financial debts | 43 | - | €5,007 | +€5,007 | |
| Credit institutions | 430/8 | - | €5,007 | +€5,007 | |
| Trade debts | 44 | €5,551 | €3,312 | -€2,239 | -40.3% |
| Suppliers | 440/4 | €5,551 | €3,312 | -€2,239 | -40.3% |
| Taxes, remuneration and social security | 45 | €3,999 | €1,801 | -€2,197 | -55.0% |
| Taxes | 450/3 | €3,999 | €1,801 | -€2,197 | -55.0% |
| Other amounts payable | 47/48 | €2,384,828 | €2,445,863 | +€61,035 | +2.6% |
| Accrued charges and deferred income | 492/3 | €6,634 | €4,025 | -€2,610 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,083 | €34,960 | +€877 | +2.6% |
| Other operating charges | 640/8 | €20,361 | €13,242 | -€7,119 | -35.0% |
| Gross operating margin | 9900 | €10,904 | -€2,083 | -€12,987 | |
| Operating profit (loss) | 9901 | -€43,541 | -€50,286 | -€6,745 | -15.5% |
| Financial income | 75/76B | €360,454 | €153,922 | -€206,531 | -57.3% |
| Recurring financial income | 75 | €169,055 | €153,922 | -€15,133 | -9.0% |
| Non-recurring financial income | 76B | €191,398 | - | -€191,398 | |
| Financial charges | 65/66B | €161,094 | €136,885 | -€24,209 | -15.0% |
| Recurring financial charges | 65 | €161,094 | €136,885 | -€24,209 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €155,819 | -€33,248 | -€189,067 | |
| Income taxes | 67/77 | €14,747 | €628 | -€14,119 | -95.7% |
| Profit (loss) for the period | 9904 | €141,072 | -€33,876 | -€174,948 | |
| Profit (loss) for the period to be appropriated | 9905 | €141,072 | -€33,876 | -€174,948 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.