LMRC: 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.
LMRC
Largest movements
- Receivables within one year +€17,650
up €17,650 (+51.0%), from €34,594 to €52,244
of which Trade receivables: +€17,612
- Tangible fixed assets -€7,546
down €7,546 (-27.1%), from €27,883 to €20,337
of which Furniture and vehicles: -€6,726
- Cash +€2,645
up €2,645 (+29.7%), from €8,905 to €11,550
mainly Other debts (+€23,437) and Depreciation (+€10,222)
- Deferred charges and accrued income -€2,036
no longer reported in 2025 (was €2,036)
- Other debts +€23,437
up €23,437 (+202.6%), from €11,567 to €35,004
- Tax, wage and social debts -€7,882
down €7,882 (-96.0%), from €8,208 to €326
- Profit (loss) carried forward -€3,497
down €3,497 (-9.8%), from -€35,724 to -€39,221
- Trade debts -€1,346
down €1,346 (-9.4%), from €14,367 to €13,021
- Gross operating margin +€37,416
up €37,416, from -€29,359 to €8,058
- Depreciation +€1,035
up €1,035 (+11.3%), from €9,187 to €10,222
- Other operating charges +€444
up €444 (+67.7%), from €656 to €1,100
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 | €73,417 | €84,130 | +€10,713 | +14.6% |
| Fixed assets | 21/28 | €27,883 | €20,337 | -€7,546 | -27.1% |
| Tangible fixed assets | 22/27 | €27,883 | €20,337 | -€7,546 | -27.1% |
| Plant, machinery and equipment | 23 | €9,233 | €8,413 | -€820 | -8.9% |
| Furniture and vehicles | 24 | €18,649 | €11,923 | -€6,726 | -36.1% |
| Current assets | 29/58 | €45,535 | €63,793 | +€18,259 | +40.1% |
| Amounts receivable within one year | 40/41 | €34,594 | €52,244 | +€17,650 | +51.0% |
| Trade receivables | 40 | €21,007 | €38,619 | +€17,612 | +83.8% |
| Other amounts receivable | 41 | €13,586 | €13,625 | +€38 | +0.3% |
| Cash at bank and in hand | 54/58 | €8,905 | €11,550 | +€2,645 | +29.7% |
| Deferred charges and accrued income | 490/1 | €2,036 | - | -€2,036 | |
| Total equity and liabilities | 10/49 | €73,417 | €84,130 | +€10,713 | +14.6% |
| Equity | 10/15 | -€5,724 | -€9,221 | -€3,497 | -61.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,724 | -€39,221 | -€3,497 | -9.8% |
| Amounts payable | 17/49 | €79,142 | €93,351 | +€14,210 | +18.0% |
| Amounts payable after more than one year | 17 | €45,000 | €45,000 | = | 0.0% |
| Other amounts payable | 178/9 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,142 | €48,351 | +€14,210 | +41.6% |
| Trade debts | 44 | €14,367 | €13,021 | -€1,346 | -9.4% |
| Suppliers | 440/4 | €14,367 | €13,021 | -€1,346 | -9.4% |
| Taxes, remuneration and social security | 45 | €8,208 | €326 | -€7,882 | -96.0% |
| Taxes | 450/3 | €8,208 | €326 | -€7,882 | -96.0% |
| Other amounts payable | 47/48 | €11,567 | €35,004 | +€23,437 | +202.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,187 | €10,222 | +€1,035 | +11.3% |
| Other operating charges | 640/8 | €656 | €1,100 | +€444 | +67.7% |
| Gross operating margin | 9900 | -€29,359 | €8,058 | +€37,416 | |
| Operating profit (loss) | 9901 | -€39,201 | -€3,264 | +€35,937 | +91.7% |
| Financial income | 75/76B | €49 | €8 | -€41 | -83.4% |
| Recurring financial income | 75 | €49 | €8 | -€41 | -83.4% |
| Financial charges | 65/66B | €492 | €241 | -€251 | -51.0% |
| Recurring financial charges | 65 | €492 | €241 | -€251 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | -€39,644 | -€3,497 | +€36,148 | +91.2% |
| Profit (loss) for the period | 9904 | -€39,644 | -€3,497 | +€36,148 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,644 | -€3,497 | +€36,148 | +91.2% |
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 11 October 2026 via checked.be.