LAG CONSULT: 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 CONSULT
Largest movements
- Cash +€30,337
up €30,337 (+83.0%), from €36,548 to €66,885
mainly Receivables within one year (+€19,598) and Depreciation (+€17,199)
- Receivables within one year -€19,598
down €19,598 (-74.1%), from €26,459 to €6,861
of which Trade receivables: -€19,623
- Tangible fixed assets -€15,558
down €15,558 (-19.4%), from €80,136 to €64,578
- Other debts -€4,330
down €4,330 (-24.5%), from €17,661 to €13,332
- Gross operating margin -€17,578
down €17,578 (-50.0%), from €35,179 to €17,600
- Depreciation +€11,475
up €11,475 (+200.5%), from €5,724 to €17,199
- Taxes -€6,223
down €6,223 (-91.4%), from €6,810 to €587
- Other operating charges +€479
up €479 (+824.6%), from €58 to €537
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,143 | €138,325 | -€4,818 | -3.4% |
| Fixed assets | 21/28 | €80,136 | €64,578 | -€15,558 | -19.4% |
| Tangible fixed assets | 22/27 | €80,136 | €64,578 | -€15,558 | -19.4% |
| Plant, machinery and equipment | 23 | €80,136 | €64,578 | -€15,558 | -19.4% |
| Current assets | 29/58 | €63,007 | €73,746 | +€10,740 | +17.0% |
| Amounts receivable within one year | 40/41 | €26,459 | €6,861 | -€19,598 | -74.1% |
| Trade receivables | 40 | €25,273 | €5,650 | -€19,623 | -77.6% |
| Other amounts receivable | 41 | €1,186 | €1,211 | +€25 | +2.1% |
| Cash at bank and in hand | 54/58 | €36,548 | €66,885 | +€30,337 | +83.0% |
| Total equity and liabilities | 10/49 | €143,143 | €138,325 | -€4,818 | -3.4% |
| Equity | 10/15 | €32,586 | €31,736 | -€851 | -2.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,586 | €21,736 | -€851 | -3.8% |
| Amounts payable | 17/49 | €110,557 | €106,589 | -€3,968 | -3.6% |
| Amounts payable within one year | 42/48 | €110,557 | €106,589 | -€3,968 | -3.6% |
| Trade debts | 44 | €86,085 | €85,860 | -€225 | -0.3% |
| Suppliers | 440/4 | €86,085 | €85,860 | -€225 | -0.3% |
| Taxes, remuneration and social security | 45 | €6,810 | €7,397 | +€587 | +8.6% |
| Taxes | 450/3 | €6,810 | €7,397 | +€587 | +8.6% |
| Other amounts payable | 47/48 | €17,661 | €13,332 | -€4,330 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,724 | €17,199 | +€11,475 | +200.5% |
| Other operating charges | 640/8 | €58 | €537 | +€479 | +824.6% |
| Gross operating margin | 9900 | €35,179 | €17,600 | -€17,578 | -50.0% |
| Operating profit (loss) | 9901 | €29,396 | -€136 | -€29,532 | |
| Financial charges | 65/66B | - | €128 | +€128 | |
| Recurring financial charges | 65 | - | €128 | +€128 | |
| Profit (loss) for the period before taxes | 9903 | €29,396 | -€264 | -€29,660 | |
| Income taxes | 67/77 | €6,810 | €587 | -€6,223 | -91.4% |
| Profit (loss) for the period | 9904 | €22,586 | -€851 | -€23,437 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,586 | -€851 | -€23,437 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.