L.G.C.: 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.
L.G.C.
Largest movements
- Cash +€6,388
new in 2025: €6,388
mainly Net result for the year (+€9,885) and Depreciation (+€3,587)
- Profit (loss) carried forward +€9,885
up €9,885 (+13.4%), from €73,879 to €83,764
- Trade debts +€3,177
up €3,177 (+10.3%), from €30,886 to €34,062
- Short-term financial debts -€2,861
no longer reported in 2025 (was €2,861)
- Current portion of long-term debt -€2,014
no longer reported in 2025 (was €2,014)
- Gross operating margin +€10,033
up €10,033 (+107%), from €9,374 to €19,406
- Taxes +€2,791
up €2,791 (+175%), from €1,597 to €4,389
- Financial charges -€714
down €714 (-56.0%), from €1,276 to €562
- Other operating charges +€306
up €306 (+45.1%), from €677 to €983
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 | €150,926 | €158,304 | +€7,378 | +4.9% |
| Fixed assets | 21/28 | €87,804 | €87,729 | -€75 | -0.1% |
| Tangible fixed assets | 22/27 | €6,730 | €5,906 | -€825 | -12.3% |
| Plant, machinery and equipment | 23 | €1,452 | €864 | -€588 | -40.5% |
| Furniture and vehicles | 24 | €5,278 | €5,041 | -€237 | -4.5% |
| Financial fixed assets | 28 | €81,073 | €81,823 | +€750 | +0.9% |
| Current assets | 29/58 | €63,122 | €70,575 | +€7,453 | +11.8% |
| Amounts receivable within one year | 40/41 | €48,922 | €49,459 | +€536 | +1.1% |
| Trade receivables | 40 | €6,822 | €6,822 | = | 0.0% |
| Other amounts receivable | 41 | €42,100 | €42,637 | +€536 | +1.3% |
| Current investments | 50/53 | €13,781 | €14,291 | +€510 | +3.7% |
| Cash at bank and in hand | 54/58 | - | €6,388 | +€6,388 | |
| Deferred charges and accrued income | 490/1 | €418 | €438 | +€19 | +4.6% |
| Total equity and liabilities | 10/49 | €150,926 | €158,304 | +€7,378 | +4.9% |
| Equity | 10/15 | €109,622 | €119,507 | +€9,885 | +9.0% |
| Contributions | 10/11 | €35,743 | €35,743 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,879 | €83,764 | +€9,885 | +13.4% |
| Amounts payable | 17/49 | €41,304 | €38,797 | -€2,507 | -6.1% |
| Amounts payable within one year | 42/48 | €41,304 | €38,797 | -€2,507 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €2,014 | - | -€2,014 | |
| Financial debts | 43 | €2,861 | - | -€2,861 | |
| Credit institutions | 430/8 | €2,861 | - | -€2,861 | |
| Trade debts | 44 | €30,886 | €34,062 | +€3,177 | +10.3% |
| Suppliers | 440/4 | €30,886 | €34,062 | +€3,177 | +10.3% |
| Taxes, remuneration and social security | 45 | €5,499 | €4,604 | -€895 | -16.3% |
| Taxes | 450/3 | €5,499 | €4,604 | -€895 | -16.3% |
| Other amounts payable | 47/48 | €45 | €131 | +€86 | +194% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,687 | €3,587 | -€100 | -2.7% |
| Other operating charges | 640/8 | €677 | €983 | +€306 | +45.1% |
| Gross operating margin | 9900 | €9,374 | €19,406 | +€10,033 | +107% |
| Operating profit (loss) | 9901 | €5,009 | €14,836 | +€9,827 | +196% |
| Financial charges | 65/66B | €1,276 | €562 | -€714 | -56.0% |
| Recurring financial charges | 65 | €1,276 | €562 | -€714 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €3,733 | €14,274 | +€10,541 | +282% |
| Income taxes | 67/77 | €1,597 | €4,389 | +€2,791 | +175% |
| Profit (loss) for the period | 9904 | €2,135 | €9,885 | +€7,750 | +363% |
| Profit (loss) for the period to be appropriated | 9905 | €2,135 | €9,885 | +€7,750 | +363% |
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 25 October 2026 via checked.be.