LSD CONCEPT AGENCY: 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.
LSD CONCEPT AGENCY
Largest movements
- Tangible fixed assets +€27,351
up €27,351 (+29.0%), from €94,359 to €121,710
of which Leasing and similar rights: +€33,562
- Cash +€7,327
up €7,327 (+93.9%), from €7,806 to €15,133
mainly Debts after one year (+€16,445) and Depreciation (+€14,908)
- Stocks and contracts +€6,912
up €6,912 (+257%), from €2,691 to €9,603
- Receivables within one year +€3,664
up €3,664 (+39.0%), from €9,405 to €13,068
of which Trade receivables: +€3,357
- Debts after one year +€16,445
up €16,445 (+22.0%), from €74,813 to €91,258
- Trade debts +€10,635
up €10,635 (+499%), from €2,132 to €12,767
- Current portion of long-term debt +€7,684
up €7,684 (+129%), from €5,956 to €13,640
- Profit (loss) carried forward +€7,082
up €7,082 (+25.7%), from -€27,589 to -€20,507
- Other debts +€4,283
up €4,283 (+7.9%), from €54,222 to €58,505
- Gross operating margin +€13,515
up €13,515 (+95.1%), from €14,205 to €27,720
- Depreciation +€2,765
up €2,765 (+22.8%), from €12,143 to €14,908
- Financial charges +€1,236
up €1,236 (+29.6%), from €4,178 to €5,414
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 | €114,743 | €160,487 | +€45,745 | +39.9% |
| Fixed assets | 21/28 | €94,409 | €121,710 | +€27,301 | +28.9% |
| Tangible fixed assets | 22/27 | €94,359 | €121,710 | +€27,351 | +29.0% |
| Land and buildings | 22 | €72,099 | €67,659 | -€4,440 | -6.2% |
| Plant, machinery and equipment | 23 | €12,482 | €16,855 | +€4,373 | +35.0% |
| Furniture and vehicles | 24 | €9,778 | €3,635 | -€6,144 | -62.8% |
| Leasing and similar rights | 25 | - | €33,562 | +€33,562 | |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €20,333 | €38,777 | +€18,444 | +90.7% |
| Stocks and contracts in progress | 3 | €2,691 | €9,603 | +€6,912 | +257% |
| Stocks | 30/36 | €2,691 | €9,603 | +€6,912 | +257% |
| Amounts receivable within one year | 40/41 | €9,405 | €13,068 | +€3,664 | +39.0% |
| Trade receivables | 40 | €9,361 | €12,718 | +€3,357 | +35.9% |
| Other amounts receivable | 41 | €43 | €350 | +€307 | +708% |
| Cash at bank and in hand | 54/58 | €7,806 | €15,133 | +€7,327 | +93.9% |
| Deferred charges and accrued income | 490/1 | €432 | €973 | +€541 | +125% |
| Total equity and liabilities | 10/49 | €114,743 | €160,487 | +€45,745 | +39.9% |
| Equity | 10/15 | -€24,789 | -€17,707 | +€7,082 | +28.6% |
| Contributions | 10/11 | €2,800 | €2,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,589 | -€20,507 | +€7,082 | +25.7% |
| Amounts payable | 17/49 | €139,532 | €178,194 | +€38,663 | +27.7% |
| Amounts payable after more than one year | 17 | €74,813 | €91,258 | +€16,445 | +22.0% |
| Financial debts | 170/4 | €74,813 | €91,258 | +€16,445 | +22.0% |
| Amounts payable within one year | 42/48 | €64,718 | €86,936 | +€22,218 | +34.3% |
| Current portion of amounts payable after more than one year | 42 | €5,956 | €13,640 | +€7,684 | +129% |
| Trade debts | 44 | €2,132 | €12,767 | +€10,635 | +499% |
| Suppliers | 440/4 | €2,132 | €12,767 | +€10,635 | +499% |
| Taxes, remuneration and social security | 45 | €2,408 | €2,024 | -€384 | -15.9% |
| Taxes | 450/3 | €2,408 | €2,024 | -€384 | -15.9% |
| Other amounts payable | 47/48 | €54,222 | €58,505 | +€4,283 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,143 | €14,908 | +€2,765 | +22.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €172 | - | -€172 | |
| Gross operating margin | 9900 | €14,205 | €27,720 | +€13,515 | +95.1% |
| Operating profit (loss) | 9901 | €1,890 | €12,812 | +€10,922 | +578% |
| Financial income | 75/76B | €4 | €7 | +€2 | +57.8% |
| Recurring financial income | 75 | €4 | €7 | +€2 | +57.8% |
| Financial charges | 65/66B | €4,178 | €5,414 | +€1,236 | +29.6% |
| Recurring financial charges | 65 | €4,178 | €5,414 | +€1,236 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,284 | €7,404 | +€9,688 | |
| Income taxes | 67/77 | €193 | €323 | +€130 | +67.3% |
| Profit (loss) for the period | 9904 | -€2,477 | €7,082 | +€9,558 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,477 | €7,082 | +€9,558 |
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 29 October 2026 via checked.be.