LRCIA: 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.
LRCIA
Largest movements
- Receivables within one year -€18,448
down €18,448 (-46.2%), from €39,942 to €21,495
of which Other amounts receivable: -€12,794
- Tangible fixed assets -€6,283
down €6,283 (-24.4%), from €25,759 to €19,476
of which Furniture and vehicles: -€4,100
- Cash -€3,185
down €3,185 (-1.5%), from €213,329 to €210,144
mainly Contributions, distributions and other (-€220,000) and Tax, wage and social debts (-€8,787)
- Reserves -€132,000
down €132,000 (-60.0%), from €220,000 to €88,000
- Other debts +€118,616
up €118,616 (+1,415%), from €8,384 to €127,000
- Tax, wage and social debts -€8,787
down €8,787 (-24.2%), from €36,281 to €27,494
of which Remuneration and social security: -€6,300
- Trade debts -€7,287
down €7,287 (-95.8%), from €7,608 to €321
- Gross operating margin +€41,141
up €41,141 (+50.4%), from €81,617 to €122,757
- Taxes +€10,138
up €10,138 (+62.7%), from €16,158 to €26,296
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 | €280,724 | €252,768 | -€27,956 | -10.0% |
| Fixed assets | 21/28 | €25,759 | €19,476 | -€6,283 | -24.4% |
| Tangible fixed assets | 22/27 | €25,759 | €19,476 | -€6,283 | -24.4% |
| Land and buildings | 22 | €15,946 | €14,288 | -€1,658 | -10.4% |
| Plant, machinery and equipment | 23 | €2,418 | €1,893 | -€525 | -21.7% |
| Furniture and vehicles | 24 | €7,395 | €3,295 | -€4,100 | -55.4% |
| Current assets | 29/58 | €254,965 | €233,292 | -€21,673 | -8.5% |
| Amounts receivable within one year | 40/41 | €39,942 | €21,495 | -€18,448 | -46.2% |
| Trade receivables | 40 | €23,012 | €17,358 | -€5,654 | -24.6% |
| Other amounts receivable | 41 | €16,931 | €4,137 | -€12,794 | -75.6% |
| Cash at bank and in hand | 54/58 | €213,329 | €210,144 | -€3,185 | -1.5% |
| Deferred charges and accrued income | 490/1 | €1,694 | €1,653 | -€40 | -2.4% |
| Total equity and liabilities | 10/49 | €280,724 | €252,768 | -€27,956 | -10.0% |
| Equity | 10/15 | €228,452 | €97,953 | -€130,499 | -57.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €220,000 | €88,000 | -€132,000 | -60.0% |
| Distributable reserves | 133 | €220,000 | €88,000 | -€132,000 | -60.0% |
| Profit (loss) carried forward | 14 | €3,452 | €4,953 | +€1,501 | +43.5% |
| Amounts payable | 17/49 | €52,273 | €154,815 | +€102,543 | +196% |
| Amounts payable within one year | 42/48 | €52,273 | €154,815 | +€102,543 | +196% |
| Trade debts | 44 | €7,608 | €321 | -€7,287 | -95.8% |
| Suppliers | 440/4 | €7,608 | €321 | -€7,287 | -95.8% |
| Taxes, remuneration and social security | 45 | €36,281 | €27,494 | -€8,787 | -24.2% |
| Taxes | 450/3 | €29,981 | €27,494 | -€2,487 | -8.3% |
| Remuneration and social security | 454/9 | €6,300 | - | -€6,300 | |
| Other amounts payable | 47/48 | €8,384 | €127,000 | +€118,616 | +1,415% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,966 | €6,283 | +€317 | +5.3% |
| Other operating charges | 640/8 | €1,431 | €597 | -€834 | -58.3% |
| Gross operating margin | 9900 | €81,617 | €122,757 | +€41,141 | +50.4% |
| Operating profit (loss) | 9901 | €74,220 | €115,877 | +€41,658 | +56.1% |
| Financial income | 75/76B | €394 | €0 | -€394 | -99.9% |
| Recurring financial income | 75 | €394 | €0 | -€394 | -99.9% |
| Financial charges | 65/66B | €76 | €81 | +€5 | +6.3% |
| Recurring financial charges | 65 | €76 | €81 | +€5 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €74,538 | €115,797 | +€41,259 | +55.4% |
| Income taxes | 67/77 | €16,158 | €26,296 | +€10,138 | +62.7% |
| Profit (loss) for the period | 9904 | €58,380 | €89,501 | +€31,121 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,380 | €89,501 | +€31,121 | +53.3% |
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 15 October 2026 via checked.be.