LAGO BV: 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.
LAGO BV
Largest movements
- Tangible fixed assets -€5,454
down €5,454 (-3.0%), from €183,540 to €178,087
of which Land and buildings: -€5,312
- Debts after one year -€21,850
down €21,850 (-18.8%), from €116,140 to €94,291
- Other debts +€13,781
up €13,781 (+71.8%), from €19,202 to €32,982
- Profit (loss) carried forward +€5,079
up €5,079 (+29.2%), from €17,378 to €22,457
- Tax, wage and social debts -€3,054
down €3,054 (-62.3%), from €4,903 to €1,849
- Gross operating margin +€2,399
up €2,399 (+11.7%), from €20,521 to €22,920
- Taxes +€997
up €997 (+117%), from €852 to €1,849
- Financial charges -€837
down €837 (-9.9%), from €8,438 to €7,601
- Other operating charges -€297
down €297 (-9.2%), from €3,234 to €2,938
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 | €187,110 | €181,535 | -€5,574 | -3.0% |
| Fixed assets | 21/28 | €183,540 | €178,087 | -€5,454 | -3.0% |
| Tangible fixed assets | 22/27 | €183,540 | €178,087 | -€5,454 | -3.0% |
| Land and buildings | 22 | €182,137 | €176,825 | -€5,312 | -2.9% |
| Plant, machinery and equipment | 23 | €1,403 | €1,262 | -€142 | -10.1% |
| Current assets | 29/58 | €3,569 | €3,449 | -€121 | -3.4% |
| Amounts receivable within one year | 40/41 | €2,648 | €2,648 | = | 0.0% |
| Other amounts receivable | 41 | €2,648 | €2,648 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €290 | €141 | -€149 | -51.4% |
| Deferred charges and accrued income | 490/1 | €631 | €660 | +€28 | +4.5% |
| Total equity and liabilities | 10/49 | €187,110 | €181,535 | -€5,574 | -3.0% |
| Equity | 10/15 | €20,378 | €25,457 | +€5,079 | +24.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,378 | €22,457 | +€5,079 | +29.2% |
| Amounts payable | 17/49 | €166,732 | €156,078 | -€10,653 | -6.4% |
| Amounts payable after more than one year | 17 | €116,140 | €94,291 | -€21,850 | -18.8% |
| Financial debts | 170/4 | €116,140 | €94,291 | -€21,850 | -18.8% |
| Amounts payable within one year | 42/48 | €50,591 | €61,787 | +€11,196 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €20,816 | €21,850 | +€1,034 | +5.0% |
| Trade debts | 44 | €5,671 | €5,107 | -€564 | -9.9% |
| Suppliers | 440/4 | €5,671 | €5,107 | -€564 | -9.9% |
| Taxes, remuneration and social security | 45 | €4,903 | €1,849 | -€3,054 | -62.3% |
| Taxes | 450/3 | €4,903 | €1,849 | -€3,054 | -62.3% |
| Other amounts payable | 47/48 | €19,202 | €32,982 | +€13,781 | +71.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,327 | €5,454 | +€126 | +2.4% |
| Other operating charges | 640/8 | €3,234 | €2,938 | -€297 | -9.2% |
| Gross operating margin | 9900 | €20,521 | €22,920 | +€2,399 | +11.7% |
| Operating profit (loss) | 9901 | €11,959 | €14,529 | +€2,570 | +21.5% |
| Financial charges | 65/66B | €8,438 | €7,601 | -€837 | -9.9% |
| Recurring financial charges | 65 | €8,438 | €7,601 | -€837 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €3,521 | €6,928 | +€3,407 | +96.8% |
| Income taxes | 67/77 | €852 | €1,849 | +€997 | +117% |
| Profit (loss) for the period | 9904 | €2,669 | €5,079 | +€2,410 | +90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,669 | €5,079 | +€2,410 | +90.3% |
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.