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L.G. SOLUTIONS: 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. SOLUTIONS

BE 0760.859.585
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€1,371
2023 · -€19,668+€18,298
Equity
-€31,768
2023 · -€30,397-€1,371
Cash
€5,493
2023 · €3,709+€1,784
Balance sheet total
€48,056
2023 · €15,496+€32,560

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€33,301

    up €33,301 (+1,761%), from €1,891 to €35,192

    of which Trade receivables: +€31,788

  • Tangible fixed assets -€2,525

    down €2,525 (-28.8%), from €8,771 to €6,246

    of which Plant, machinery and equipment: -€1,703

  • Cash +€1,784

    up €1,784 (+48.1%), from €3,709 to €5,493

    mainly Other debts (+€43,527) and Depreciation (+€2,525)

Equity and liabilities
  • Other debts +€43,527

    up €43,527 (+1,068%), from €4,077 to €47,603

  • Accrued charges and deferred income -€6,173

    no longer reported in 2024 (was €6,173)

  • Advances received -€2,614

    no longer reported in 2024 (was €2,614)

  • Trade debts -€2,170

    down €2,170 (-6.6%), from €33,030 to €30,860

  • Profit (loss) carried forward -€1,371

    down €1,371 (-4.5%), from -€30,397 to -€31,768

Income statement
  • Gross operating margin +€16,370

    up €16,370, from -€14,856 to €1,515

  • Other operating charges -€2,025

    no longer reported in 2024 (was €2,025)

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 -€19,668
Gross operating margin +€16,370
Depreciation -€0
Other operating charges +€2,025
Financial income +€1
Financial charges -€97
Result 2024 -€1,371
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 +€1,784
Investment €0
Financing €0
Cash 2023 €3,709
Net result for the year -€1,371
Depreciation +€2,525
Receivables within one year -€33,301
Trade debts -€2,170
Tax, wage and social debts +€1,360
Advances received -€2,614
Other debts +€43,527
Accrued charges and deferred income -€6,173
Cash 2024 €5,493
brings cash intakes cash out
Every line side by side 34 lines
Line Code 2023 2024 Change %
Total assets 20/58 €15,496 €48,056 +€32,560 +210%
Fixed assets 21/28 €8,771 €6,246 -€2,525 -28.8%
Tangible fixed assets 22/27 €8,771 €6,246 -€2,525 -28.8%
Plant, machinery and equipment 23 €6,354 €4,651 -€1,703 -26.8%
Furniture and vehicles 24 €2,417 €1,595 -€822 -34.0%
Current assets 29/58 €6,725 €41,809 +€35,085 +522%
Amounts receivable within one year 40/41 €1,891 €35,192 +€33,301 +1,761%
Trade receivables 40 - €31,788 +€31,788
Other amounts receivable 41 €1,891 €3,404 +€1,513 +80.0%
Cash at bank and in hand 54/58 €3,709 €5,493 +€1,784 +48.1%
Deferred charges and accrued income 490/1 €1,125 €1,125 = 0.0%
Total equity and liabilities 10/49 €15,496 €48,056 +€32,560 +210%
Equity 10/15 -€30,397 -€31,768 -€1,371 -4.5%
Profit (loss) carried forward 14 -€30,397 -€31,768 -€1,371 -4.5%
Amounts payable 17/49 €45,893 €79,823 +€33,930 +73.9%
Amounts payable within one year 42/48 €39,720 €79,823 +€40,103 +101%
Trade debts 44 €33,030 €30,860 -€2,170 -6.6%
Suppliers 440/4 €33,030 €30,860 -€2,170 -6.6%
Advances received on contracts in progress 46 €2,614 - -€2,614
Taxes, remuneration and social security 45 - €1,360 +€1,360
Taxes 450/3 - €1,360 +€1,360
Other amounts payable 47/48 €4,077 €47,603 +€43,527 +1,068%
Accrued charges and deferred income 492/3 €6,173 - -€6,173
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,525 €2,525 +€0 0.0%
Other operating charges 640/8 €2,025 - -€2,025
Gross operating margin 9900 -€14,856 €1,515 +€16,370
Operating profit (loss) 9901 -€19,405 -€1,010 +€18,395 +94.8%
Financial income 75/76B €0 €1 +€1 +1,400%
Recurring financial income 75 €0 €1 +€1 +1,400%
Financial charges 65/66B €263 €361 +€97 +37.0%
Recurring financial charges 65 €263 €361 +€97 +37.0%
Profit (loss) for the period before taxes 9903 -€19,668 -€1,371 +€18,298 +93.0%
Profit (loss) for the period 9904 -€19,668 -€1,371 +€18,298 +93.0%
Profit (loss) for the period to be appropriated 9905 -€19,668 -€1,371 +€18,298 +93.0%

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 18 October 2026 via checked.be.