LMCS: 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.
LMCS
Largest movements
- Tangible fixed assets +€72,990
up €72,990 (+854.4%), from €8,543 to €81,533
of which Furniture and vehicles: +€73,869
- Cash -€33,649
down €33,649 (-71.6%), from €47,000 to €13,352
mainly Investment in fixed assets (net) (-€94,871) and Accrued charges and deferred income (-€26,000)
- Receivables within one year +€11,220
up €11,220 (+1515.8%), from €740 to €11,960
of which Other amounts receivable: +€8,520
- Intangible fixed assets -€2,000
down €2,000 (-33.3%), from €6,000 to €4,000
- Other debts +€67,295
new in 2025: €67,295
- Accrued charges and deferred income -€26,000
no longer reported in 2025 (was €26,000)
- Profit (loss) carried forward +€13,370
up €13,370 (+70.0%), from €19,093 to €32,463
- Trade debts -€3,302
down €3,302 (-65.3%), from €5,054 to €1,753
- Tax, wage and social debts -€2,671
down €2,671 (-32.3%), from €8,281 to €5,610
of which Remuneration and social security: -€5,692
- Gross operating margin +€27,620
up €27,620 (+54.1%), from €51,084 to €78,704
- Depreciation +€15,300
up €15,300 (+178.3%), from €8,582 to €23,882
- Taxes +€2,935
up €2,935 (+672.3%), from €437 to €3,372
- Staff costs -€2,863
down €2,863 (-7.6%), from €37,450 to €34,588
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 | €79,328 | €128,020 | +€48,692 | +61.4% |
| Fixed assets | 21/28 | €20,093 | €91,083 | +€70,990 | +353.3% |
| Intangible fixed assets | 21 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Tangible fixed assets | 22/27 | €8,543 | €81,533 | +€72,990 | +854.4% |
| Plant, machinery and equipment | 23 | €1,521 | €642 | -€879 | -57.8% |
| Furniture and vehicles | 24 | €7,022 | €80,891 | +€73,869 | +1051.9% |
| Financial fixed assets | 28 | €5,550 | €5,550 | = | 0.0% |
| Current assets | 29/58 | €59,235 | €36,937 | -€22,298 | -37.6% |
| Stocks and contracts in progress | 3 | €9,357 | €8,747 | -€610 | -6.5% |
| Stocks | 30/36 | €9,357 | €8,747 | -€610 | -6.5% |
| Amounts receivable within one year | 40/41 | €740 | €11,960 | +€11,220 | +1515.8% |
| Trade receivables | 40 | - | €2,700 | +€2,700 | |
| Other amounts receivable | 41 | €740 | €9,260 | +€8,520 | +1151.0% |
| Cash at bank and in hand | 54/58 | €47,000 | €13,352 | -€33,649 | -71.6% |
| Deferred charges and accrued income | 490/1 | €2,138 | €2,879 | +€741 | +34.7% |
| Total equity and liabilities | 10/49 | €79,328 | €128,020 | +€48,692 | +61.4% |
| Equity | 10/15 | €39,993 | €53,363 | +€13,370 | +33.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Reserves not available under the articles | 1311 | €1,900 | - | -€1,900 | |
| Distributable reserves | 133 | - | €1,900 | +€1,900 | |
| Profit (loss) carried forward | 14 | €19,093 | €32,463 | +€13,370 | +70.0% |
| Amounts payable | 17/49 | €39,335 | €74,657 | +€35,322 | +89.8% |
| Amounts payable within one year | 42/48 | €13,335 | €74,657 | +€61,322 | +459.9% |
| Trade debts | 44 | €5,054 | €1,753 | -€3,302 | -65.3% |
| Suppliers | 440/4 | €5,054 | €1,753 | -€3,302 | -65.3% |
| Taxes, remuneration and social security | 45 | €8,281 | €5,610 | -€2,671 | -32.3% |
| Taxes | 450/3 | €1,569 | €4,590 | +€3,021 | +192.6% |
| Remuneration and social security | 454/9 | €6,712 | €1,020 | -€5,692 | -84.8% |
| Other amounts payable | 47/48 | - | €67,295 | +€67,295 | |
| Accrued charges and deferred income | 492/3 | €26,000 | - | -€26,000 | |
| Non-recurring operating income | 76A | - | €7,938 | +€7,938 | |
| Remuneration, social security and pensions | 62 | €37,450 | €34,588 | -€2,863 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,582 | €23,882 | +€15,300 | +178.3% |
| Other operating charges | 640/8 | €3,017 | €3,196 | +€179 | +5.9% |
| Gross operating margin | 9900 | €51,084 | €78,704 | +€27,620 | +54.1% |
| Operating profit (loss) | 9901 | €2,034 | €17,038 | +€15,004 | +737.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €26 | €297 | +€271 | +1036.8% |
| Recurring financial charges | 65 | €26 | €297 | +€271 | +1036.8% |
| Profit (loss) for the period before taxes | 9903 | €2,008 | €16,742 | +€14,733 | +733.6% |
| Income taxes | 67/77 | €437 | €3,372 | +€2,935 | +672.3% |
| Profit (loss) for the period | 9904 | €1,572 | €13,370 | +€11,798 | +750.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,572 | €13,370 | +€11,798 | +750.7% |
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 5 October 2026 via checked.be.