LNC SYNDIC: 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.
LNC SYNDIC
Largest movements
- Cash +€3,424
up €3,424 (+57.1%), from €5,997 to €9,421
mainly Other debts (+€13,959) and Depreciation (+€1,155)
- Tangible fixed assets -€1,155
down €1,155 (-31.6%), from €3,651 to €2,496
- Receivables within one year -€491
down €491 (-13.1%), from €3,752 to €3,261
of which Trade receivables: -€752
- Other debts +€13,959
up €13,959 (+19.7%), from €71,000 to €84,959
- Profit (loss) carried forward -€11,514
down €11,514 (-19.4%), from -€59,368 to -€70,881
- Trade debts -€667
no longer reported in 2025 (was €667)
- Gross operating margin +€32,608
up €32,608, from -€19,200 to €13,408
- Financial charges +€4,718
up €4,718 (+128%), from €3,692 to €8,410
- Other operating charges +€2,934
up €2,934 (+23.6%), from €12,422 to €15,356
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 | €13,400 | €15,178 | +€1,779 | +13.3% |
| Fixed assets | 21/28 | €3,651 | €2,496 | -€1,155 | -31.6% |
| Tangible fixed assets | 22/27 | €3,651 | €2,496 | -€1,155 | -31.6% |
| Furniture and vehicles | 24 | €3,651 | €2,496 | -€1,155 | -31.6% |
| Current assets | 29/58 | €9,749 | €12,682 | +€2,933 | +30.1% |
| Amounts receivable within one year | 40/41 | €3,752 | €3,261 | -€491 | -13.1% |
| Trade receivables | 40 | €752 | - | -€752 | |
| Other amounts receivable | 41 | €3,000 | €3,261 | +€261 | +8.7% |
| Cash at bank and in hand | 54/58 | €5,997 | €9,421 | +€3,424 | +57.1% |
| Total equity and liabilities | 10/49 | €13,400 | €15,178 | +€1,779 | +13.3% |
| Equity | 10/15 | -€58,268 | -€69,781 | -€11,514 | -19.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,368 | -€70,881 | -€11,514 | -19.4% |
| Amounts payable | 17/49 | €71,667 | €84,959 | +€13,292 | +18.5% |
| Amounts payable within one year | 42/48 | €71,667 | €84,959 | +€13,292 | +18.5% |
| Trade debts | 44 | €667 | - | -€667 | |
| Suppliers | 440/4 | €667 | - | -€667 | |
| Other amounts payable | 47/48 | €71,000 | €84,959 | +€13,959 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,020 | €1,155 | +€135 | +13.2% |
| Other operating charges | 640/8 | €12,422 | €15,356 | +€2,934 | +23.6% |
| Gross operating margin | 9900 | -€19,200 | €13,408 | +€32,608 | |
| Operating profit (loss) | 9901 | -€32,642 | -€3,103 | +€29,539 | +90.5% |
| Financial charges | 65/66B | €3,692 | €8,410 | +€4,718 | +128% |
| Recurring financial charges | 65 | €3,692 | €8,410 | +€4,718 | +128% |
| Profit (loss) for the period before taxes | 9903 | -€36,334 | -€11,514 | +€24,820 | +68.3% |
| Profit (loss) for the period | 9904 | -€36,334 | -€11,514 | +€24,820 | +68.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,334 | -€11,514 | +€24,820 | +68.3% |
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 18 October 2026 via checked.be.