LAG: what changed
Two fiscal 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.
LAG
Largest movements
- Cash +€23,885
up €23,885 (+2132.2%), from €1,120 to €25,005
mainly Receivables within one year (+€17,270) and Depreciation (+€16,492)
- Receivables within one year -€17,270
no longer reported in 2024 (was €17,270)
- Tangible fixed assets -€9,375
down €9,375 (-15.1%), from €62,211 to €52,836
of which Furniture and vehicles: -€13,950
- Financial fixed assets +€7,000
new in 2024: €7,000
- Tax, wage and social debts +€13,432
up €13,432 (+154.1%), from €8,719 to €22,151
of which Remuneration and social security: +€9,089
- Debts after one year -€8,287
down €8,287 (-25.9%), from €31,943 to €23,655
- Profit (loss) carried forward +€5,305
up €5,305 (+57.7%), from -€9,195 to -€3,890
- Accrued charges and deferred income -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Other debts -€1,317
down €1,317 (-27.5%), from €4,792 to €3,475
- Staff costs -€14,096
down €14,096 (-99.3%), from €14,198 to €102
- Gross operating margin -€7,871
down €7,871 (-13.0%), from €60,543 to €52,672
- Depreciation +€828
up €828 (+5.3%), from €15,663 to €16,492
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.
Cash bridge derived
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 | €82,601 | €87,632 | +€5,031 | +6.1% |
| Fixed assets | 21/28 | €62,211 | €59,836 | -€2,375 | -3.8% |
| Tangible fixed assets | 22/27 | €62,211 | €52,836 | -€9,375 | -15.1% |
| Plant, machinery and equipment | 23 | €1,755 | €6,330 | +€4,575 | +260.7% |
| Furniture and vehicles | 24 | €60,456 | €46,506 | -€13,950 | -23.1% |
| Financial fixed assets | 28 | - | €7,000 | +€7,000 | |
| Current assets | 29/58 | €20,390 | €27,796 | +€7,406 | +36.3% |
| Stocks and contracts in progress | 3 | €2,000 | €2,791 | +€791 | +39.5% |
| Stocks | 30/36 | €2,000 | €2,791 | +€791 | +39.5% |
| Amounts receivable within one year | 40/41 | €17,270 | - | -€17,270 | |
| Other amounts receivable | 41 | €17,270 | - | -€17,270 | |
| Cash at bank and in hand | 54/58 | €1,120 | €25,005 | +€23,885 | +2132.2% |
| Total equity and liabilities | 10/49 | €82,601 | €87,632 | +€5,031 | +6.1% |
| Equity | 10/15 | -€2,995 | €2,310 | +€5,305 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,195 | -€3,890 | +€5,305 | +57.7% |
| Amounts payable | 17/49 | €85,596 | €85,321 | -€274 | -0.3% |
| Amounts payable after more than one year | 17 | €31,943 | €23,655 | -€8,287 | -25.9% |
| Financial debts | 170/4 | €31,943 | €23,655 | -€8,287 | -25.9% |
| Amounts payable within one year | 42/48 | €38,653 | €51,666 | +€13,013 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €8,125 | €9,043 | +€918 | +11.3% |
| Trade debts | 44 | €17,017 | €16,997 | -€20 | -0.1% |
| Suppliers | 440/4 | €17,017 | €16,997 | -€20 | -0.1% |
| Taxes, remuneration and social security | 45 | €8,719 | €22,151 | +€13,432 | +154.1% |
| Taxes | 450/3 | €7,808 | €12,151 | +€4,343 | +55.6% |
| Remuneration and social security | 454/9 | €911 | €10,000 | +€9,089 | +997.6% |
| Other amounts payable | 47/48 | €4,792 | €3,475 | -€1,317 | -27.5% |
| Accrued charges and deferred income | 492/3 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Non-recurring operating income | 76A | €50,801 | €592 | -€50,209 | -98.8% |
| Remuneration, social security and pensions | 62 | €14,198 | €102 | -€14,096 | -99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,663 | €16,492 | +€828 | +5.3% |
| Other operating charges | 640/8 | €3,455 | €3,714 | +€259 | +7.5% |
| Non-recurring operating charges | 66A | €506 | €25,022 | +€24,516 | +4840.8% |
| Gross operating margin | 9900 | €60,543 | €52,672 | -€7,871 | -13.0% |
| Operating profit (loss) | 9901 | €26,720 | €7,343 | -€19,377 | -72.5% |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €2,352 | €2,038 | -€314 | -13.3% |
| Recurring financial charges | 65 | €2,352 | €2,038 | -€314 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €24,393 | €5,305 | -€19,087 | -78.3% |
| Profit (loss) for the period | 9904 | €24,393 | €5,305 | -€19,087 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,393 | €5,305 | -€19,087 | -78.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.