LAGARDERE: 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.
LAGARDERE
Largest movements
- Current investments -€100,000
down €100,000 (-99.7%), from €100,297 to €297
- Stocks and contracts -€67,590
down €67,590 (-45.5%), from €148,475 to €80,884
- Cash +€54,255
up €54,255 (+98.8%), from €54,914 to €109,170
mainly Current investments (+€100,000) and Debts after one year (+€97,388)
- Receivables within one year +€16,668
up €16,668 (+132.1%), from €12,618 to €29,286
of which Trade receivables: +€9,976
- Financial fixed assets +€10,000
up €10,000 (+72.3%), from €13,835 to €23,835
- Profit (loss) carried forward -€121,444
down €121,444 (-29.1%), from -€417,178 to -€538,622
- Contributions -€111,620
down €111,620 (-31.0%), from €359,514 to €247,894
- Debts after one year +€97,388
up €97,388 (+34.0%), from €286,629 to €384,017
- Trade debts +€42,950
up €42,950 (+454.7%), from €9,447 to €52,397
- Tax, wage and social debts +€7,321
up €7,321 (+12.3%), from €59,475 to €66,795
of which Remuneration and social security: +€10,774
- Depreciation -€61,366
down €61,366 (-91.3%), from €67,226 to €5,861
- Write-downs +€45,170
no longer reported in 2024 (was -€45,170)
- Gross operating margin -€20,869
down €20,869 (-30.3%), from -€68,958 to -€89,826
- Other operating charges +€1,507
up €1,507 (+236.2%), from €638 to €2,145
- Staff costs -€1,036
down €1,036 (-4.1%), from €25,453 to €24,416
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 | €346,480 | €261,075 | -€85,405 | -24.6% |
| Fixed assets | 21/28 | €26,847 | €32,554 | +€5,707 | +21.3% |
| Intangible fixed assets | 21 | €8,542 | €8,542 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,469 | €177 | -€4,293 | -96.0% |
| Furniture and vehicles | 24 | €4,469 | €177 | -€4,293 | -96.0% |
| Financial fixed assets | 28 | €13,835 | €23,835 | +€10,000 | +72.3% |
| Current assets | 29/58 | €319,633 | €228,521 | -€91,112 | -28.5% |
| Stocks and contracts in progress | 3 | €148,475 | €80,884 | -€67,590 | -45.5% |
| Stocks | 30/36 | €148,475 | €80,884 | -€67,590 | -45.5% |
| Amounts receivable within one year | 40/41 | €12,618 | €29,286 | +€16,668 | +132.1% |
| Trade receivables | 40 | €9,307 | €19,284 | +€9,976 | +107.2% |
| Other amounts receivable | 41 | €3,311 | €10,002 | +€6,692 | +202.1% |
| Current investments | 50/53 | €100,297 | €297 | -€100,000 | -99.7% |
| Cash at bank and in hand | 54/58 | €54,914 | €109,170 | +€54,255 | +98.8% |
| Deferred charges and accrued income | 490/1 | €3,329 | €8,884 | +€5,555 | +166.9% |
| Total equity and liabilities | 10/49 | €346,480 | €261,075 | -€85,405 | -24.6% |
| Equity | 10/15 | -€9,071 | -€242,135 | -€233,064 | -2569.4% |
| Contributions | 10/11 | €359,514 | €247,894 | -€111,620 | -31.0% |
| Capital | 10 | €359,514 | €247,894 | -€111,620 | -31.0% |
| Issued capital | 100 | €359,514 | €247,894 | -€111,620 | -31.0% |
| Reserves | 13 | €48,594 | €48,594 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,060 | €3,060 | = | 0.0% |
| Legal reserve | 130 | €3,060 | €3,060 | = | 0.0% |
| Distributable reserves | 133 | €45,534 | €45,534 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€417,178 | -€538,622 | -€121,444 | -29.1% |
| Amounts payable | 17/49 | €355,550 | €503,210 | +€147,660 | +41.5% |
| Amounts payable after more than one year | 17 | €286,629 | €384,017 | +€97,388 | +34.0% |
| Other amounts payable | 178/9 | €286,629 | €384,017 | +€97,388 | +34.0% |
| Amounts payable within one year | 42/48 | €68,921 | €119,192 | +€50,271 | +72.9% |
| Trade debts | 44 | €9,447 | €52,397 | +€42,950 | +454.7% |
| Suppliers | 440/4 | €9,447 | €52,397 | +€42,950 | +454.7% |
| Taxes, remuneration and social security | 45 | €59,475 | €66,795 | +€7,321 | +12.3% |
| Taxes | 450/3 | €3,541 | €88 | -€3,453 | -97.5% |
| Remuneration and social security | 454/9 | €55,934 | €66,708 | +€10,774 | +19.3% |
| Remuneration, social security and pensions | 62 | €25,453 | €24,416 | -€1,036 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,226 | €5,861 | -€61,366 | -91.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€45,170 | - | +€45,170 | |
| Other operating charges | 640/8 | €638 | €2,145 | +€1,507 | +236.2% |
| Gross operating margin | 9900 | -€68,958 | -€89,826 | -€20,869 | -30.3% |
| Operating profit (loss) | 9901 | -€117,105 | -€122,248 | -€5,144 | -4.4% |
| Financial income | 75/76B | - | €939 | +€939 | |
| Recurring financial income | 75 | - | €939 | +€939 | |
| Financial charges | 65/66B | €978 | €135 | -€843 | -86.2% |
| Recurring financial charges | 65 | €978 | €135 | -€843 | -86.2% |
| Profit (loss) for the period before taxes | 9903 | -€118,082 | -€121,444 | -€3,362 | -2.8% |
| Profit (loss) for the period | 9904 | -€118,082 | -€121,444 | -€3,362 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,082 | -€121,444 | -€3,362 | -2.8% |
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 9 October 2026 via checked.be.