LAGIMO FINANCE: 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.
LAGIMO FINANCE
Largest movements
- Cash -€203,721
down €203,721 (-93.1%), from €218,748 to €15,027
mainly Trade debts (-€215,623) and Debts after one year (-€7,965)
- Deferred charges and accrued income -€15,495
down €15,495 (-90.9%), from €17,041 to €1,545
- Tangible fixed assets -€9,597
down €9,597 (-22.7%), from €42,320 to €32,723
of which Furniture and vehicles: -€8,402
- Receivables within one year +€7,421
up €7,421 (+93.3%), from €7,956 to €15,377
of which Trade receivables: +€8,863
- Trade debts -€215,623
down €215,623 (-95.3%), from €226,186 to €10,564
- Accrued charges and deferred income +€8,863
new in 2025: €8,863
- Debts after one year -€7,965
down €7,965 (-33.8%), from €23,569 to €15,604
- Current portion of long-term debt -€4,637
down €4,637 (-36.8%), from €12,602 to €7,965
- Reserves -€3,409
down €3,409 (-10.0%), from €34,162 to €30,753
- Staff costs +€10,731
up €10,731 (+4.1%), from €260,060 to €270,791
- Taxes -€4,651
down €4,651 (-54.8%), from €8,484 to €3,833
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 | €305,447 | €82,055 | -€223,392 | -73.1% |
| Fixed assets | 21/28 | €61,703 | €50,106 | -€11,597 | -18.8% |
| Intangible fixed assets | 21 | €19,383 | €17,383 | -€2,000 | -10.3% |
| Tangible fixed assets | 22/27 | €42,320 | €32,723 | -€9,597 | -22.7% |
| Plant, machinery and equipment | 23 | €10,059 | €8,863 | -€1,196 | -11.9% |
| Furniture and vehicles | 24 | €32,262 | €23,860 | -€8,402 | -26.0% |
| Current assets | 29/58 | €243,744 | €31,949 | -€211,795 | -86.9% |
| Amounts receivable within one year | 40/41 | €7,956 | €15,377 | +€7,421 | +93.3% |
| Trade receivables | 40 | €5,000 | €13,863 | +€8,863 | +177% |
| Other amounts receivable | 41 | €2,956 | €1,515 | -€1,441 | -48.8% |
| Cash at bank and in hand | 54/58 | €218,748 | €15,027 | -€203,721 | -93.1% |
| Deferred charges and accrued income | 490/1 | €17,041 | €1,545 | -€15,495 | -90.9% |
| Total equity and liabilities | 10/49 | €305,447 | €82,055 | -€223,392 | -73.1% |
| Equity | 10/15 | €40,362 | €36,953 | -€3,409 | -8.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,162 | €30,753 | -€3,409 | -10.0% |
| Distributable reserves | 133 | €34,162 | €30,753 | -€3,409 | -10.0% |
| Amounts payable | 17/49 | €265,086 | €45,102 | -€219,983 | -83.0% |
| Amounts payable after more than one year | 17 | €23,569 | €15,604 | -€7,965 | -33.8% |
| Financial debts | 170/4 | €23,569 | €15,604 | -€7,965 | -33.8% |
| Amounts payable within one year | 42/48 | €241,516 | €20,636 | -€220,881 | -91.5% |
| Current portion of amounts payable after more than one year | 42 | €12,602 | €7,965 | -€4,637 | -36.8% |
| Trade debts | 44 | €226,186 | €10,564 | -€215,623 | -95.3% |
| Suppliers | 440/4 | €226,186 | €10,564 | -€215,623 | -95.3% |
| Taxes, remuneration and social security | 45 | €741 | - | -€741 | |
| Remuneration and social security | 454/9 | €741 | - | -€741 | |
| Other amounts payable | 47/48 | €1,987 | €2,107 | +€120 | +6.0% |
| Accrued charges and deferred income | 492/3 | - | €8,863 | +€8,863 | |
| Remuneration, social security and pensions | 62 | €260,060 | €270,791 | +€10,731 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,215 | €11,597 | +€1,383 | +13.5% |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Non-recurring operating charges | 66A | €399 | - | -€399 | |
| Gross operating margin | 9900 | €284,309 | €285,232 | +€923 | +0.3% |
| Operating profit (loss) | 9901 | €13,636 | €2,780 | -€10,856 | -79.6% |
| Financial income | 75/76B | €296 | €224 | -€71 | -24.1% |
| Recurring financial income | 75 | €296 | €224 | -€71 | -24.1% |
| Financial charges | 65/66B | €4,104 | €2,580 | -€1,524 | -37.1% |
| Recurring financial charges | 65 | €4,104 | €2,580 | -€1,524 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €9,828 | €424 | -€9,403 | -95.7% |
| Income taxes | 67/77 | €8,484 | €3,833 | -€4,651 | -54.8% |
| Profit (loss) for the period | 9904 | €1,344 | -€3,409 | -€4,753 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,344 | -€3,409 | -€4,753 |
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 23 October 2026 via checked.be.