La.Ge.Se.: 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.
La.Ge.Se.
Largest movements
- Cash -€12,022
down €12,022 (-46.3%), from €25,960 to €13,938
mainly Net result for the year (-€15,636) and Investment in fixed assets (net) (-€1,662)
- Tangible fixed assets -€2,888
down €2,888 (-2.1%), from €135,618 to €132,730
- Profit (loss) carried forward -€12,510
down €12,510 (-52.5%), from -€23,832 to -€36,342
- Reserves -€3,126
down €3,126 (-3.5%), from €89,104 to €85,978
of which Tax-exempt reserves: -€3,126
- Gross operating margin +€9,076
up €9,076 (+55.6%), from -€16,328 to -€7,253
- Other operating charges -€3,601
down €3,601 (-47.0%), from €7,667 to €4,066
- Depreciation +€3,116
up €3,116 (+217%), from €1,434 to €4,550
- Financial charges +€713
up €713 (+749%), from €95 to €809
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €287,541 | €272,631 | -€14,910 | -5.2% |
| Fixed assets | 21/28 | €135,618 | €132,730 | -€2,888 | -2.1% |
| Tangible fixed assets | 22/27 | €135,618 | €132,730 | -€2,888 | -2.1% |
| Land and buildings | 22 | €135,618 | €132,730 | -€2,888 | -2.1% |
| Current assets | 29/58 | €151,923 | €139,902 | -€12,022 | -7.9% |
| Amounts receivable within one year | 40/41 | €112,918 | €112,918 | = | 0.0% |
| Other amounts receivable | 41 | €112,918 | €112,918 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,960 | €13,938 | -€12,022 | -46.3% |
| Deferred charges and accrued income | 490/1 | €13,045 | €13,045 | = | 0.0% |
| Total equity and liabilities | 10/49 | €287,541 | €272,631 | -€14,910 | -5.2% |
| Equity | 10/15 | €124,766 | €109,130 | -€15,636 | -12.5% |
| Contributions | 10/11 | €59,494 | €59,494 | = | 0.0% |
| Capital | 10 | €59,494 | €59,494 | = | 0.0% |
| Issued capital | 100 | €59,494 | €59,494 | = | 0.0% |
| Reserves | 13 | €89,104 | €85,978 | -€3,126 | -3.5% |
| Non-distributable reserves | 130/1 | €91 | €91 | = | 0.0% |
| Legal reserve | 130 | €91 | €91 | = | 0.0% |
| Tax-exempt reserves | 132 | €89,012 | €85,887 | -€3,126 | -3.5% |
| Profit (loss) carried forward | 14 | -€23,832 | -€36,342 | -€12,510 | -52.5% |
| Provisions and deferred taxes | 16 | €29,671 | €28,629 | -€1,042 | -3.5% |
| Deferred taxes | 168 | €29,671 | €28,629 | -€1,042 | -3.5% |
| Amounts payable | 17/49 | €133,104 | €134,872 | +€1,768 | +1.3% |
| Amounts payable within one year | 42/48 | €133,104 | €134,872 | +€1,768 | +1.3% |
| Trade debts | 44 | €3,226 | €5,622 | +€2,396 | +74.3% |
| Suppliers | 440/4 | €3,226 | €5,622 | +€2,396 | +74.3% |
| Taxes, remuneration and social security | 45 | €16,102 | €16,102 | = | 0.0% |
| Taxes | 450/3 | €16,102 | €16,102 | = | 0.0% |
| Other amounts payable | 47/48 | €113,776 | €113,148 | -€628 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,434 | €4,550 | +€3,116 | +217% |
| Other operating charges | 640/8 | €7,667 | €4,066 | -€3,601 | -47.0% |
| Gross operating margin | 9900 | -€16,328 | -€7,253 | +€9,076 | +55.6% |
| Operating profit (loss) | 9901 | -€25,430 | -€15,869 | +€9,561 | +37.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +12.5% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +12.5% |
| Financial charges | 65/66B | €95 | €809 | +€713 | +749% |
| Recurring financial charges | 65 | €95 | €809 | +€713 | +749% |
| Profit (loss) for the period before taxes | 9903 | -€25,525 | -€16,677 | +€8,848 | +34.7% |
| Transfer from deferred taxes | 780 | €329 | €1,042 | +€713 | +216% |
| Profit (loss) for the period | 9904 | -€25,196 | -€15,636 | +€9,560 | +37.9% |
| Transfer from tax-exempt reserves | 789 | €988 | €3,126 | +€2,138 | +216% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,208 | -€12,510 | +€11,698 | +48.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.