LONCIN: 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.
LONCIN
Largest movements
- Cash -€172,351
down €172,351 (-96.9%), from €177,815 to €5,464
mainly Short-term financial debts (-€105,742) and Trade debts (-€34,376)
- Receivables within one year +€7,794
up €7,794 (+8.2%), from €95,376 to €103,170
of which Other amounts receivable: +€9,348
- Stocks and contracts +€6,553
up €6,553 (+14.4%), from €45,419 to €51,972
- Short-term financial debts -€105,742
down €105,742 (-58.0%), from €182,470 to €76,729
- Trade debts -€34,376
down €34,376 (-30.6%), from €112,413 to €78,037
- Tax, wage and social debts -€10,691
down €10,691 (-50.7%), from €21,073 to €10,382
- Reserves +€9,552
new in 2025: €9,552
- Other debts -€8,521
down €8,521 (-100.0%), from €8,521 to €0
- Gross operating margin -€28,173
down €28,173 (-48.9%), from €57,590 to €29,417
- Taxes -€5,249
down €5,249 (-50.5%), from €10,397 to €5,148
- Financial charges +€3,276
up €3,276 (+33.7%), from €9,719 to €12,994
- Other operating charges +€2,286
up €2,286 (+113.5%), from €2,014 to €4,300
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 | €389,720 | €232,200 | -€157,520 | -40.4% |
| Fixed assets | 21/28 | €5,050 | €3,553 | -€1,497 | -29.6% |
| Intangible fixed assets | 21 | €1,667 | €1,092 | -€575 | -34.5% |
| Tangible fixed assets | 22/27 | €3,383 | €2,461 | -€922 | -27.2% |
| Plant, machinery and equipment | 23 | €569 | €254 | -€315 | -55.3% |
| Furniture and vehicles | 24 | €583 | €298 | -€285 | -48.9% |
| Other tangible fixed assets | 26 | €2,231 | €1,909 | -€321 | -14.4% |
| Current assets | 29/58 | €384,670 | €228,647 | -€156,023 | -40.6% |
| Amounts receivable after more than one year | 29 | €58,000 | €58,000 | = | 0.0% |
| Trade receivables | 290 | €48,000 | - | -€48,000 | |
| Other amounts receivable | 291 | €10,000 | €58,000 | +€48,000 | +480.0% |
| Stocks and contracts in progress | 3 | €45,419 | €51,972 | +€6,553 | +14.4% |
| Stocks | 30/36 | €45,419 | €51,972 | +€6,553 | +14.4% |
| Amounts receivable within one year | 40/41 | €95,376 | €103,170 | +€7,794 | +8.2% |
| Trade receivables | 40 | €55,188 | €53,634 | -€1,554 | -2.8% |
| Other amounts receivable | 41 | €40,188 | €49,537 | +€9,348 | +23.3% |
| Cash at bank and in hand | 54/58 | €177,815 | €5,464 | -€172,351 | -96.9% |
| Deferred charges and accrued income | 490/1 | €8,060 | €10,041 | +€1,980 | +24.6% |
| Total equity and liabilities | 10/49 | €389,720 | €232,200 | -€157,520 | -40.4% |
| Equity | 10/15 | €57,500 | €67,052 | +€9,552 | +16.6% |
| Contributions | 10/11 | €57,500 | €57,500 | = | 0.0% |
| Reserves | 13 | - | €9,552 | +€9,552 | |
| Distributable reserves | 133 | - | €9,552 | +€9,552 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €332,220 | €165,148 | -€167,072 | -50.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €330,477 | €165,148 | -€165,329 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €0 | -€6,000 | -100.0% |
| Financial debts | 43 | €182,470 | €76,729 | -€105,742 | -58.0% |
| Credit institutions | 430/8 | €182,470 | €76,729 | -€105,742 | -58.0% |
| Trade debts | 44 | €112,413 | €78,037 | -€34,376 | -30.6% |
| Suppliers | 440/4 | €112,413 | €78,037 | -€34,376 | -30.6% |
| Taxes, remuneration and social security | 45 | €21,073 | €10,382 | -€10,691 | -50.7% |
| Taxes | 450/3 | €21,073 | €10,382 | -€10,691 | -50.7% |
| Other amounts payable | 47/48 | €8,521 | €0 | -€8,521 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,743 | €0 | -€1,743 | -100.0% |
| Non-recurring operating income | 76A | €4,300 | €0 | -€4,300 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,671 | €1,497 | -€174 | -10.4% |
| Other operating charges | 640/8 | €2,014 | €4,300 | +€2,286 | +113.5% |
| Gross operating margin | 9900 | €57,590 | €29,417 | -€28,173 | -48.9% |
| Operating profit (loss) | 9901 | €53,905 | €23,620 | -€30,285 | -56.2% |
| Financial income | 75/76B | €3,660 | €4,074 | +€415 | +11.3% |
| Recurring financial income | 75 | €3,660 | €4,074 | +€415 | +11.3% |
| Financial charges | 65/66B | €9,719 | €12,994 | +€3,276 | +33.7% |
| Recurring financial charges | 65 | €9,719 | €12,994 | +€3,276 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €47,847 | €14,700 | -€33,146 | -69.3% |
| Income taxes | 67/77 | €10,397 | €5,148 | -€5,249 | -50.5% |
| Profit (loss) for the period | 9904 | €37,450 | €9,552 | -€27,898 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,450 | €9,552 | -€27,898 | -74.5% |
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.