LMCV-XR: what changed
Two financial 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.
LMCV-XR
Largest movements
- Cash +€92,223
up €92,223 (+1,110%), from €8,309 to €100,532
mainly Net result for the year (+€73,917) and Tax, wage and social debts (+€18,898)
- Tangible fixed assets -€1,248
down €1,248 (-20.1%), from €6,210 to €4,962
- Reserves +€73,917
up €73,917 (+2,249%), from €3,287 to €77,204
- Tax, wage and social debts +€18,898
up €18,898 (+745%), from €2,535 to €21,433
- Other debts -€1,274
down €1,274 (-26.7%), from €4,768 to €3,494
- Gross operating margin +€85,239
up €85,239 (+884%), from €9,645 to €94,884
- Taxes +€16,863
up €16,863 (+738%), from €2,285 to €19,148
- Depreciation -€1,568
down €1,568 (-55.7%), from €2,816 to €1,248
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.
Derived cash bridge
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 | €14,519 | €105,494 | +€90,975 | +627% |
| Fixed assets | 21/28 | €6,210 | €4,962 | -€1,248 | -20.1% |
| Tangible fixed assets | 22/27 | €6,210 | €4,962 | -€1,248 | -20.1% |
| Plant, machinery and equipment | 23 | €6,210 | €4,962 | -€1,248 | -20.1% |
| Current assets | 29/58 | €8,309 | €100,532 | +€92,223 | +1,110% |
| Cash at bank and in hand | 54/58 | €8,309 | €100,532 | +€92,223 | +1,110% |
| Total equity and liabilities | 10/49 | €14,519 | €105,494 | +€90,975 | +627% |
| Equity | 10/15 | €6,287 | €80,204 | +€73,917 | +1,176% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,287 | €77,204 | +€73,917 | +2,249% |
| Distributable reserves | 133 | €3,287 | €77,204 | +€73,917 | +2,249% |
| Amounts payable | 17/49 | €8,233 | €25,290 | +€17,058 | +207% |
| Amounts payable within one year | 42/48 | €8,233 | €25,290 | +€17,058 | +207% |
| Trade debts | 44 | €930 | €363 | -€567 | -60.9% |
| Suppliers | 440/4 | €930 | €363 | -€567 | -60.9% |
| Taxes, remuneration and social security | 45 | €2,535 | €21,433 | +€18,898 | +745% |
| Taxes | 450/3 | €2,535 | €21,433 | +€18,898 | +745% |
| Other amounts payable | 47/48 | €4,768 | €3,494 | -€1,274 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,816 | €1,248 | -€1,568 | -55.7% |
| Other operating charges | 640/8 | €387 | €528 | +€140 | +36.2% |
| Gross operating margin | 9900 | €9,645 | €94,884 | +€85,239 | +884% |
| Operating profit (loss) | 9901 | €6,441 | €93,108 | +€86,667 | +1,346% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €36 | €45 | +€9 | +24.8% |
| Recurring financial charges | 65 | €36 | €45 | +€9 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €6,405 | €93,065 | +€86,660 | +1,353% |
| Income taxes | 67/77 | €2,285 | €19,148 | +€16,863 | +738% |
| Profit (loss) for the period | 9904 | €4,120 | €73,917 | +€69,797 | +1,694% |
| Profit (loss) for the period to be appropriated | 9905 | €4,120 | €73,917 | +€69,797 | +1,694% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.