Lagom: 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.
Lagom
Largest movements
- Cash -€12,789
down €12,789 (-61.6%), from €20,754 to €7,965
mainly Current portion of long-term debt (-€7,879) and Debts after one year (-€4,890)
- Receivables within one year +€4,377
up €4,377 (+113.4%), from €3,861 to €8,238
of which Trade receivables: +€8,220
- Tangible fixed assets -€3,939
down €3,939 (-8.4%), from €47,059 to €43,121
of which Other tangible fixed assets: -€2,978
- Deferred charges and accrued income -€2,019
down €2,019 (-36.6%), from €5,515 to €3,496
- Current portion of long-term debt -€7,879
down €7,879 (-61.7%), from €12,769 to €4,890
- Debts after one year -€4,890
down €4,890 (-27.6%), from €17,720 to €12,830
- Profit (loss) carried forward -€4,604
down €4,604 (-34.1%), from -€13,494 to -€18,097
- Gross operating margin +€8,305
up €8,305, from -€1,500 to €6,805
- Financial income -€762
down €762 (-98.7%), from €773 to €10
of which Non-recurring financial income: -€762
- Financial charges -€634
down €634 (-11.4%), from €5,548 to €4,914
of which Financial charges: -€1,206
- Other operating charges -€438
down €438 (-15.8%), from €2,781 to €2,343
- Staff costs -€198
no longer reported in 2024 (was €198)
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 | €84,439 | €69,731 | -€14,708 | -17.4% |
| Fixed assets | 21/28 | €52,059 | €48,121 | -€3,939 | -7.6% |
| Tangible fixed assets | 22/27 | €47,059 | €43,121 | -€3,939 | -8.4% |
| Plant, machinery and equipment | 23 | €1,192 | €422 | -€770 | -64.6% |
| Furniture and vehicles | 24 | €760 | €570 | -€190 | -25.0% |
| Other tangible fixed assets | 26 | €45,108 | €42,130 | -€2,978 | -6.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €32,379 | €21,610 | -€10,769 | -33.3% |
| Stocks and contracts in progress | 3 | €2,249 | €1,911 | -€338 | -15.0% |
| Stocks | 30/36 | €2,249 | €1,911 | -€338 | -15.0% |
| Amounts receivable within one year | 40/41 | €3,861 | €8,238 | +€4,377 | +113.4% |
| Trade receivables | 40 | €11 | €8,231 | +€8,220 | +74794.0% |
| Other amounts receivable | 41 | €3,850 | €7 | -€3,843 | -99.8% |
| Cash at bank and in hand | 54/58 | €20,754 | €7,965 | -€12,789 | -61.6% |
| Deferred charges and accrued income | 490/1 | €5,515 | €3,496 | -€2,019 | -36.6% |
| Total equity and liabilities | 10/49 | €84,439 | €69,731 | -€14,708 | -17.4% |
| Equity | 10/15 | €32,848 | €28,244 | -€4,604 | -14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,741 | €27,741 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,881 | €25,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,494 | -€18,097 | -€4,604 | -34.1% |
| Amounts payable | 17/49 | €51,591 | €41,487 | -€10,104 | -19.6% |
| Amounts payable after more than one year | 17 | €17,720 | €12,830 | -€4,890 | -27.6% |
| Financial debts | 170/4 | €17,720 | €12,830 | -€4,890 | -27.6% |
| Amounts payable within one year | 42/48 | €33,871 | €28,217 | -€5,654 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €12,769 | €4,890 | -€7,879 | -61.7% |
| Trade debts | 44 | €14,061 | €14,355 | +€294 | +2.1% |
| Suppliers | 440/4 | €14,061 | €14,355 | +€294 | +2.1% |
| Advances received on contracts in progress | 46 | - | €625 | +€625 | |
| Taxes, remuneration and social security | 45 | €7,040 | €7,796 | +€755 | +10.7% |
| Taxes | 450/3 | €5,240 | €4,596 | -€645 | -12.3% |
| Remuneration and social security | 454/9 | €1,800 | €3,200 | +€1,400 | +77.8% |
| Other amounts payable | 47/48 | - | €551 | +€551 | |
| Accrued charges and deferred income | 492/3 | - | €440 | +€440 | |
| Remuneration, social security and pensions | 62 | €198 | - | -€198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,019 | €3,939 | -€80 | -2.0% |
| Other operating charges | 640/8 | €2,781 | €2,343 | -€438 | -15.8% |
| Gross operating margin | 9900 | -€1,500 | €6,805 | +€8,305 | |
| Operating profit (loss) | 9901 | -€8,498 | €524 | +€9,022 | |
| Financial income | 75/76B | €773 | €10 | -€762 | -98.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -82.5% |
| Non-recurring financial income | 76B | €772 | €10 | -€762 | -98.7% |
| Financial charges | 65/66B | €5,548 | €4,914 | -€634 | -11.4% |
| Recurring financial charges | 65 | €5,548 | €4,342 | -€1,206 | -21.7% |
| Non-recurring financial charges | 66B | - | €572 | +€572 | |
| Profit (loss) for the period before taxes | 9903 | -€13,273 | -€4,380 | +€8,893 | +67.0% |
| Income taxes | 67/77 | €220 | €224 | +€3 | +1.5% |
| Profit (loss) for the period | 9904 | -€13,494 | -€4,604 | +€8,890 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,494 | -€4,604 | +€8,890 | +65.9% |
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 10 October 2026 via checked.be.