LAGI: 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.
LAGI
Largest movements
- Tangible fixed assets -€6,748
down €6,748 (-7.4%), from €91,378 to €84,629
- Profit (loss) carried forward -€9,322
down €9,322 (-52.2%), from -€17,873 to -€27,195
- Other debts +€1,252
up €1,252 (+5.5%), from €22,959 to €24,211
- Gross operating margin +€10,157
up €10,157 (+80.5%), from -€12,621 to -€2,464
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 | €96,662 | €88,592 | -€8,070 | -8.3% |
| Fixed assets | 21/28 | €91,670 | €84,922 | -€6,748 | -7.4% |
| Tangible fixed assets | 22/27 | €91,378 | €84,629 | -€6,748 | -7.4% |
| Land and buildings | 22 | €91,378 | €84,629 | -€6,748 | -7.4% |
| Financial fixed assets | 28 | €293 | €293 | = | 0.0% |
| Current assets | 29/58 | €4,991 | €3,670 | -€1,322 | -26.5% |
| Amounts receivable within one year | 40/41 | €3,072 | €2,401 | -€671 | -21.8% |
| Other amounts receivable | 41 | €3,072 | €2,401 | -€671 | -21.8% |
| Cash at bank and in hand | 54/58 | €1,920 | €1,269 | -€651 | -33.9% |
| Total equity and liabilities | 10/49 | €96,662 | €88,592 | -€8,070 | -8.3% |
| Equity | 10/15 | €73,703 | €64,381 | -€9,322 | -12.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €73,027 | €73,027 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €69,928 | €69,928 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,873 | -€27,195 | -€9,322 | -52.2% |
| Amounts payable | 17/49 | €22,959 | €24,211 | +€1,252 | +5.5% |
| Amounts payable within one year | 42/48 | €22,959 | €24,211 | +€1,252 | +5.5% |
| Other amounts payable | 47/48 | €22,959 | €24,211 | +€1,252 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,748 | €6,748 | = | 0.0% |
| Gross operating margin | 9900 | -€12,621 | -€2,464 | +€10,157 | +80.5% |
| Operating profit (loss) | 9901 | -€19,369 | -€9,212 | +€10,157 | +52.4% |
| Financial charges | 65/66B | €138 | €110 | -€28 | -20.2% |
| Recurring financial charges | 65 | €138 | €110 | -€28 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,507 | -€9,322 | +€10,185 | +52.2% |
| Profit (loss) for the period | 9904 | -€19,507 | -€9,322 | +€10,185 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,507 | -€9,322 | +€10,185 | +52.2% |
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 12 October 2026 via checked.be.