LAGASH HEUSDEN: 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.
LAGASH HEUSDEN
Largest movements
- Cash +€7,713
up €7,713 (+120%), from €6,408 to €14,121
mainly Other debts (+€12,482) and Depreciation (+€4,916)
- Stocks and contracts +€4,873
up €4,873 (+65.9%), from €7,390 to €12,263
- Tangible fixed assets -€2,016
down €2,016 (-11.4%), from €17,624 to €15,607
of which Plant, machinery and equipment: -€4,751
- Deferred charges and accrued income +€827
new in 2025: €827
- Other debts +€12,482
up €12,482 (+33.8%), from €36,905 to €49,387
- Trade debts -€1,854
down €1,854 (-39.1%), from €4,737 to €2,883
- Tax, wage and social debts +€595
up €595 (+55.5%), from €1,072 to €1,667
of which Taxes: +€595
- Gross operating margin +€13,308
up €13,308, from -€6,317 to €6,991
- Staff costs -€533
no longer reported in 2025 (was €533)
- Depreciation +€456
up €456 (+10.2%), from €4,461 to €4,916
- Financial charges -€245
down €245 (-75.8%), from €323 to €78
- Other operating charges +€100
up €100 (+6.0%), from €1,659 to €1,758
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.
Derived cash bridge
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 | €34,421 | €45,883 | +€11,462 | +33.3% |
| Fixed assets | 21/28 | €20,624 | €18,607 | -€2,016 | -9.8% |
| Tangible fixed assets | 22/27 | €17,624 | €15,607 | -€2,016 | -11.4% |
| Plant, machinery and equipment | 23 | €17,624 | €12,873 | -€4,751 | -27.0% |
| Furniture and vehicles | 24 | - | €2,735 | +€2,735 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €13,797 | €27,276 | +€13,478 | +97.7% |
| Stocks and contracts in progress | 3 | €7,390 | €12,263 | +€4,873 | +65.9% |
| Stocks | 30/36 | €7,390 | €12,263 | +€4,873 | +65.9% |
| Amounts receivable within one year | 40/41 | - | €65 | +€65 | |
| Other amounts receivable | 41 | - | €65 | +€65 | |
| Cash at bank and in hand | 54/58 | €6,408 | €14,121 | +€7,713 | +120% |
| Deferred charges and accrued income | 490/1 | - | €827 | +€827 | |
| Total equity and liabilities | 10/49 | €34,421 | €45,883 | +€11,462 | +33.3% |
| Equity | 10/15 | -€8,293 | -€8,054 | +€238 | +2.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,293 | -€13,054 | +€238 | +1.8% |
| Amounts payable | 17/49 | €42,714 | €53,937 | +€11,223 | +26.3% |
| Amounts payable within one year | 42/48 | €42,714 | €53,937 | +€11,223 | +26.3% |
| Trade debts | 44 | €4,737 | €2,883 | -€1,854 | -39.1% |
| Suppliers | 440/4 | €4,737 | €2,883 | -€1,854 | -39.1% |
| Taxes, remuneration and social security | 45 | €1,072 | €1,667 | +€595 | +55.5% |
| Taxes | 450/3 | €128 | €723 | +€595 | +465% |
| Remuneration and social security | 454/9 | €944 | €944 | = | 0.0% |
| Other amounts payable | 47/48 | €36,905 | €49,387 | +€12,482 | +33.8% |
| Remuneration, social security and pensions | 62 | €533 | - | -€533 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,461 | €4,916 | +€456 | +10.2% |
| Other operating charges | 640/8 | €1,659 | €1,758 | +€100 | +6.0% |
| Gross operating margin | 9900 | -€6,317 | €6,991 | +€13,308 | |
| Operating profit (loss) | 9901 | -€12,969 | €317 | +€13,286 | |
| Financial charges | 65/66B | €323 | €78 | -€245 | -75.8% |
| Recurring financial charges | 65 | €323 | €78 | -€245 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,293 | €238 | +€13,531 | |
| Profit (loss) for the period | 9904 | -€13,293 | €238 | +€13,531 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,293 | €238 | +€13,531 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.