L.G.U. TRADING: 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.U. TRADING
Largest movements
- Stocks and contracts +€4,186
up €4,186 (+5.4%), from €77,475 to €81,661
- Cash +€3,233
up €3,233 (+72.2%), from €4,479 to €7,712
mainly Depreciation (+€10,195) and Net result for the year (+€7,628)
- Tangible fixed assets -€3,035
down €3,035 (-14.8%), from €20,489 to €17,454
of which Furniture and vehicles: -€8,034
- Receivables within one year -€2,475
down €2,475 (-61.5%), from €4,026 to €1,551
of which Trade receivables: -€2,485
- Profit (loss) carried forward +€7,628
up €7,628 (+46.2%), from €16,525 to €24,153
- Trade debts -€4,842
down €4,842 (-10.2%), from €47,648 to €42,806
- Gross operating margin +€40,025
up €40,025 (+31.2%), from €128,198 to €168,223
- Staff costs +€29,569
up €29,569 (+27.5%), from €107,665 to €137,234
- Taxes +€4,910
up €4,910 (+503%), from €975 to €5,885
- Depreciation -€2,792
down €2,792 (-21.5%), from €12,986 to €10,195
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,470 | €109,358 | +€2,888 | +2.7% |
| Fixed assets | 21/28 | €20,489 | €17,454 | -€3,035 | -14.8% |
| Tangible fixed assets | 22/27 | €20,489 | €17,454 | -€3,035 | -14.8% |
| Plant, machinery and equipment | 23 | €1,913 | €753 | -€1,160 | -60.6% |
| Furniture and vehicles | 24 | €13,483 | €5,449 | -€8,034 | -59.6% |
| Other tangible fixed assets | 26 | €5,094 | €11,253 | +€6,159 | +121% |
| Current assets | 29/58 | €85,981 | €91,903 | +€5,923 | +6.9% |
| Stocks and contracts in progress | 3 | €77,475 | €81,661 | +€4,186 | +5.4% |
| Stocks | 30/36 | €77,475 | €81,661 | +€4,186 | +5.4% |
| Amounts receivable within one year | 40/41 | €4,026 | €1,551 | -€2,475 | -61.5% |
| Trade receivables | 40 | €3,880 | €1,395 | -€2,485 | -64.1% |
| Other amounts receivable | 41 | €147 | €157 | +€10 | +6.8% |
| Cash at bank and in hand | 54/58 | €4,479 | €7,712 | +€3,233 | +72.2% |
| Deferred charges and accrued income | 490/1 | - | €979 | +€979 | |
| Total equity and liabilities | 10/49 | €106,470 | €109,358 | +€2,888 | +2.7% |
| Equity | 10/15 | €26,525 | €34,153 | +€7,628 | +28.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,525 | €24,153 | +€7,628 | +46.2% |
| Amounts payable | 17/49 | €79,945 | €75,204 | -€4,740 | -5.9% |
| Amounts payable within one year | 42/48 | €79,945 | €75,204 | -€4,740 | -5.9% |
| Financial debts | 43 | €2,173 | €1,845 | -€328 | -15.1% |
| Credit institutions | 430/8 | €2,173 | €1,845 | -€328 | -15.1% |
| Trade debts | 44 | €47,648 | €42,806 | -€4,842 | -10.2% |
| Suppliers | 440/4 | €47,648 | €42,806 | -€4,842 | -10.2% |
| Taxes, remuneration and social security | 45 | €30,123 | €30,553 | +€430 | +1.4% |
| Taxes | 450/3 | €13,933 | €11,254 | -€2,678 | -19.2% |
| Remuneration and social security | 454/9 | €16,191 | €19,299 | +€3,108 | +19.2% |
| Remuneration, social security and pensions | 62 | €107,665 | €137,234 | +€29,569 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,986 | €10,195 | -€2,792 | -21.5% |
| Other operating charges | 640/8 | €4,985 | €3,498 | -€1,487 | -29.8% |
| Gross operating margin | 9900 | €128,198 | €168,223 | +€40,025 | +31.2% |
| Operating profit (loss) | 9901 | €2,561 | €17,296 | +€14,734 | +575% |
| Financial income | 75/76B | €4 | €4 | -€0 | -5.6% |
| Recurring financial income | 75 | €4 | €4 | -€0 | -5.6% |
| Financial charges | 65/66B | €2,681 | €3,786 | +€1,105 | +41.2% |
| Recurring financial charges | 65 | €2,681 | €3,786 | +€1,105 | +41.2% |
| Profit (loss) for the period before taxes | 9903 | -€116 | €13,513 | +€13,629 | |
| Income taxes | 67/77 | €975 | €5,885 | +€4,910 | +503% |
| Profit (loss) for the period | 9904 | -€1,091 | €7,628 | +€8,719 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,091 | €7,628 | +€8,719 |
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 30 October 2026 via checked.be.