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LAG Services: 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.

What changed

LAG Services

BE 0802.053.804
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€25,648
2024 · €79,296-€53,648
Equity
€107,279
2024 · €82,463+€24,815
Cash
€10,179
2024 · €2,969+€7,210
Balance sheet total
€117,771
2024 · €123,272-€5,502

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€10,242

    down €10,242 (-76.9%), from €13,326 to €3,084

    of which Trade receivables: -€13,114

  • Cash +€7,210

    up €7,210 (+242.8%), from €2,969 to €10,179

    mainly Net result for the year (+€25,648) and Receivables within one year (+€10,242)

  • Current investments -€6,048

    down €6,048 (-5.7%), from €106,048 to €100,000

  • Tangible fixed assets +€4,456

    new in 2025: €4,456

Equity and liabilities
  • Tax, wage and social debts -€31,789

    down €31,789 (-96.7%), from €32,869 to €1,081

    of which Remuneration and social security: -€16,275

  • Profit (loss) carried forward +€24,815

    new in 2025: €24,815

  • Other debts +€2,668

    up €2,668 (+44.0%), from €6,066 to €8,734

Income statement
  • Gross operating margin -€77,678

    down €77,678 (-69.5%), from €111,732 to €34,054

  • Taxes -€23,644

    down €23,644 (-76.3%), from €30,979 to €7,335

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €79,296
Gross operating margin -€77,678
Depreciation +€199
Other operating charges -€298
Financial income +€577
Financial charges -€92
Taxes +€23,644
Result 2025 €25,648

Cash bridge derived

cash 2024 to 2025

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.

From operations +€7,319
Investment +€728
Financing -€837
Cash 2024 €2,969
Net result for the year +€25,648
Depreciation +€864
Receivables within one year +€10,242
Deferred charges and accrued income +€878
Trade debts -€443
Tax, wage and social debts -€31,789
Other debts +€2,668
Accrued charges and deferred income -€750
Investment in fixed assets (net) -€5,320
Current investments +€6,048
Short-term financial debts -€4
Contributions, distributions and other -€833
Cash 2025 €10,179
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €123,272 €117,771 -€5,502 -4.5%
Fixed assets 21/28 - €4,456 +€4,456
Tangible fixed assets 22/27 - €4,456 +€4,456
Furniture and vehicles 24 - €4,456 +€4,456
Current assets 29/58 €123,272 €113,315 -€9,958 -8.1%
Amounts receivable within one year 40/41 €13,326 €3,084 -€10,242 -76.9%
Trade receivables 40 €13,250 €137 -€13,114 -99.0%
Other amounts receivable 41 €76 €2,948 +€2,872 +3783.0%
Current investments 50/53 €106,048 €100,000 -€6,048 -5.7%
Cash at bank and in hand 54/58 €2,969 €10,179 +€7,210 +242.8%
Deferred charges and accrued income 490/1 €929 €51 -€878 -94.5%
Total equity and liabilities 10/49 €123,272 €117,771 -€5,502 -4.5%
Equity 10/15 €82,463 €107,279 +€24,815 +30.1%
Contributions 10/11 €4,000 €4,000 = 0.0%
Reserves 13 €78,463 €78,463 = 0.0%
Distributable reserves 133 €78,463 €78,463 = 0.0%
Profit (loss) carried forward 14 - €24,815 +€24,815
Amounts payable 17/49 €40,809 €10,492 -€30,317 -74.3%
Amounts payable within one year 42/48 €40,059 €10,492 -€29,567 -73.8%
Financial debts 43 €38 €34 -€4 -9.7%
Credit institutions 430/8 €38 €34 -€4 -9.7%
Trade debts 44 €1,086 €643 -€443 -40.8%
Suppliers 440/4 €1,086 €643 -€443 -40.8%
Taxes, remuneration and social security 45 €32,869 €1,081 -€31,789 -96.7%
Taxes 450/3 €16,594 €1,081 -€15,514 -93.5%
Remuneration and social security 454/9 €16,275 - -€16,275
Other amounts payable 47/48 €6,066 €8,734 +€2,668 +44.0%
Accrued charges and deferred income 492/3 €750 - -€750
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,063 €864 -€199 -18.7%
Other operating charges 640/8 €384 €682 +€298 +77.5%
Gross operating margin 9900 €111,732 €34,054 -€77,678 -69.5%
Operating profit (loss) 9901 €110,285 €32,508 -€77,777 -70.5%
Financial income 75/76B €68 €645 +€577 +848.1%
Recurring financial income 75 €68 €645 +€577 +848.1%
Financial charges 65/66B €77 €170 +€92 +119.5%
Recurring financial charges 65 €77 €170 +€92 +119.5%
Profit (loss) for the period before taxes 9903 €110,275 €32,983 -€77,292 -70.1%
Income taxes 67/77 €30,979 €7,335 -€23,644 -76.3%
Profit (loss) for the period 9904 €79,296 €25,648 -€53,648 -67.7%
Profit (loss) for the period to be appropriated 9905 €79,296 €25,648 -€53,648 -67.7%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.