LA GRANGE: 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 GRANGE
Largest movements
- Receivables after one year +€636,420
new in 2024: €636,420
- Receivables within one year -€585,564
down €585,564 (-96.9%), from €604,591 to €19,027
of which Other amounts receivable: -€567,812
- Cash +€17,968
up €17,968 (+20.3%), from €88,709 to €106,676
mainly Receivables within one year (+€585,564) and Net result for the year (+€54,794)
- Reserves +€50,000
up €50,000 (+15.2%), from €328,136 to €378,136
of which Distributable reserves: +€50,000
- Other debts +€18,990
new in 2024: €18,990
- Tax, wage and social debts -€18,108
down €18,108 (-15.5%), from €116,619 to €98,511
of which Taxes: -€20,903
- Trade debts +€16,169
up €16,169 (+24.5%), from €66,125 to €82,294
- Gross operating margin +€118,145
up €118,145 (+42.7%), from €276,445 to €394,590
- Staff costs +€86,557
up €86,557 (+46.0%), from €188,326 to €274,883
- Other operating charges +€29,696
up €29,696 (+604%), from €4,916 to €34,612
- Taxes +€12,024
up €12,024 (+24.3%), from €49,500 to €61,524
- Financial income +€8,789
up €8,789 (+29.3%), from €29,965 to €38,754
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 | €724,871 | €791,833 | +€66,962 | +9.2% |
| Fixed assets | 21/28 | €30,062 | €23,265 | -€6,797 | -22.6% |
| Tangible fixed assets | 22/27 | €20,533 | €13,736 | -€6,797 | -33.1% |
| Plant, machinery and equipment | 23 | €16,387 | €11,478 | -€4,909 | -30.0% |
| Furniture and vehicles | 24 | - | €205 | +€205 | |
| Other tangible fixed assets | 26 | €4,146 | €2,054 | -€2,093 | -50.5% |
| Financial fixed assets | 28 | €9,529 | €9,529 | = | 0.0% |
| Current assets | 29/58 | €694,809 | €768,567 | +€73,758 | +10.6% |
| Amounts receivable after more than one year | 29 | - | €636,420 | +€636,420 | |
| Other amounts receivable | 291 | - | €636,420 | +€636,420 | |
| Stocks and contracts in progress | 3 | €1,255 | €2,302 | +€1,047 | +83.5% |
| Stocks | 30/36 | €1,255 | €2,302 | +€1,047 | +83.5% |
| Amounts receivable within one year | 40/41 | €604,591 | €19,027 | -€585,564 | -96.9% |
| Trade receivables | 40 | €33,396 | €15,645 | -€17,752 | -53.2% |
| Other amounts receivable | 41 | €571,195 | €3,383 | -€567,812 | -99.4% |
| Cash at bank and in hand | 54/58 | €88,709 | €106,676 | +€17,968 | +20.3% |
| Deferred charges and accrued income | 490/1 | €254 | €4,142 | +€3,887 | +1,529% |
| Total equity and liabilities | 10/49 | €724,871 | €791,833 | +€66,962 | +9.2% |
| Equity | 10/15 | €537,244 | €592,038 | +€54,794 | +10.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €328,136 | €378,136 | +€50,000 | +15.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €326,277 | €376,277 | +€50,000 | +15.3% |
| Profit (loss) carried forward | 14 | €190,516 | €195,310 | +€4,794 | +2.5% |
| Amounts payable | 17/49 | €187,627 | €199,795 | +€12,168 | +6.5% |
| Amounts payable within one year | 42/48 | €182,744 | €199,795 | +€17,051 | +9.3% |
| Trade debts | 44 | €66,125 | €82,294 | +€16,169 | +24.5% |
| Suppliers | 440/4 | €66,125 | €82,294 | +€16,169 | +24.5% |
| Taxes, remuneration and social security | 45 | €116,619 | €98,511 | -€18,108 | -15.5% |
| Taxes | 450/3 | €93,984 | €73,081 | -€20,903 | -22.2% |
| Remuneration and social security | 454/9 | €22,635 | €25,430 | +€2,795 | +12.3% |
| Other amounts payable | 47/48 | - | €18,990 | +€18,990 | |
| Accrued charges and deferred income | 492/3 | €4,883 | - | -€4,883 | |
| Remuneration, social security and pensions | 62 | €188,326 | €274,883 | +€86,557 | +46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,845 | €7,101 | -€2,744 | -27.9% |
| Other operating charges | 640/8 | €4,916 | €34,612 | +€29,696 | +604% |
| Gross operating margin | 9900 | €276,445 | €394,590 | +€118,145 | +42.7% |
| Operating profit (loss) | 9901 | €73,359 | €77,994 | +€4,635 | +6.3% |
| Financial income | 75/76B | €29,965 | €38,754 | +€8,789 | +29.3% |
| Recurring financial income | 75 | €29,965 | €38,754 | +€8,789 | +29.3% |
| Financial charges | 65/66B | €4,336 | €430 | -€3,906 | -90.1% |
| Recurring financial charges | 65 | €4,336 | €430 | -€3,906 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €98,988 | €116,318 | +€17,330 | +17.5% |
| Income taxes | 67/77 | €49,500 | €61,524 | +€12,024 | +24.3% |
| Profit (loss) for the period | 9904 | €49,488 | €54,794 | +€5,306 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,488 | €54,794 | +€5,306 | +10.7% |
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 15 October 2026 via checked.be.