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L & G Estates: 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.

What changed

L & G Estates

BE 0795.113.354
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€548
2023 · -€1,944+€1,396
Equity
-€492
2023 · €56-€548
Cash
€395
2023 · -+€395
Balance sheet total
€395
2023 · €56+€339

Largest movements

2023 to 2024
Assets
  • Cash +€395

    new in 2024: €395

    mainly Other debts (+€743) and Trade debts (+€144)

  • Current investments -€56

    no longer reported in 2024 (was €56)

Equity and liabilities
  • Other debts +€743

    new in 2024: €743

  • Profit (loss) carried forward -€548

    down €548 (-28.2%), from -€1,944 to -€2,492

  • Trade debts +€144

    new in 2024: €144

Income statement
  • Gross operating margin +€1,544

    up €1,544 (+79.9%), from -€1,931 to -€387

  • Financial charges +€147

    up €147 (+1,142%), from €13 to €160

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€1,944
Gross operating margin +€1,544
Financial charges -€147
Result 2024 -€548
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€339
Investment +€56
Financing €0
Cash 2023 €0
Net result for the year -€548
Trade debts +€144
Other debts +€743
Current investments +€56
Cash 2024 €395
brings cash intakes cash out
Every line side by side 20 lines
Line Code 2023 2024 Change %
Total assets 20/58 €56 €395 +€339 +605%
Current assets 29/58 €56 €395 +€339 +605%
Current investments 50/53 €56 - -€56
Cash at bank and in hand 54/58 - €395 +€395
Total equity and liabilities 10/49 €56 €395 +€339 +605%
Equity 10/15 €56 -€492 -€548
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 -€1,944 -€2,492 -€548 -28.2%
Amounts payable 17/49 - €887 +€887
Amounts payable within one year 42/48 - €887 +€887
Trade debts 44 - €144 +€144
Suppliers 440/4 - €144 +€144
Other amounts payable 47/48 - €743 +€743
Gross operating margin 9900 -€1,931 -€387 +€1,544 +79.9%
Operating profit (loss) 9901 -€1,931 -€387 +€1,544 +79.9%
Financial charges 65/66B €13 €160 +€147 +1,142%
Recurring financial charges 65 €13 €160 +€147 +1,142%
Profit (loss) for the period before taxes 9903 -€1,944 -€548 +€1,396 +71.8%
Profit (loss) for the period 9904 -€1,944 -€548 +€1,396 +71.8%
Profit (loss) for the period to be appropriated 9905 -€1,944 -€548 +€1,396 +71.8%

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.