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
- Tangible fixed assets +€6,576
up €6,576 (+41.4%), from €15,895 to €22,471
of which Furniture and vehicles: +€4,061
- Current investments +€5,002
new in 2025: €5,002
- Cash +€943
up €943 (+53.5%), from €1,762 to €2,705
mainly Other debts (+€11,258) and Depreciation (+€5,574)
- Receivables within one year +€568
up €568 (+8.8%), from €6,474 to €7,042
of which Trade receivables: +€1,833
- Other debts +€11,258
new in 2025: €11,258
- Profit (loss) carried forward +€1,191
up €1,191 (+8.4%), from €14,236 to €15,427
- Tax, wage and social debts +€853
up €853 (+17.7%), from €4,809 to €5,662
- Depreciation +€4,649
up €4,649 (+502.6%), from €925 to €5,574
- Gross operating margin -€4,171
down €4,171 (-32.3%), from €12,900 to €8,729
- Taxes -€2,034
down €2,034 (-70.4%), from €2,890 to €856
- Financial income -€140
no longer reported in 2025 (was €140)
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 | €24,131 | €37,499 | +€13,368 | +55.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €15,895 | €22,471 | +€6,576 | +41.4% |
| Tangible fixed assets | 22/27 | €15,895 | €22,471 | +€6,576 | +41.4% |
| Plant, machinery and equipment | 23 | €2,978 | €3,812 | +€834 | +28.0% |
| Furniture and vehicles | 24 | €1,120 | €5,181 | +€4,061 | +362.6% |
| Other tangible fixed assets | 26 | €11,797 | €13,478 | +€1,681 | +14.2% |
| Current assets | 29/58 | €8,236 | €15,028 | +€6,792 | +82.5% |
| Amounts receivable within one year | 40/41 | €6,474 | €7,042 | +€568 | +8.8% |
| Trade receivables | 40 | €5,209 | €7,042 | +€1,833 | +35.2% |
| Other amounts receivable | 41 | €1,265 | - | -€1,265 | |
| Current investments | 50/53 | - | €5,002 | +€5,002 | |
| Cash at bank and in hand | 54/58 | €1,762 | €2,705 | +€943 | +53.5% |
| Deferred charges and accrued income | 490/1 | - | €279 | +€279 | |
| Total equity and liabilities | 10/49 | €24,131 | €37,499 | +€13,368 | +55.4% |
| Equity | 10/15 | €19,236 | €20,427 | +€1,191 | +6.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,236 | €15,427 | +€1,191 | +8.4% |
| Amounts payable | 17/49 | €4,895 | €17,072 | +€12,177 | +248.8% |
| Amounts payable within one year | 42/48 | €4,895 | €17,072 | +€12,177 | +248.8% |
| Trade debts | 44 | €86 | €152 | +€66 | +76.7% |
| Suppliers | 440/4 | €86 | €152 | +€66 | +76.7% |
| Taxes, remuneration and social security | 45 | €4,809 | €5,662 | +€853 | +17.7% |
| Taxes | 450/3 | €4,809 | €5,662 | +€853 | +17.7% |
| Other amounts payable | 47/48 | - | €11,258 | +€11,258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €925 | €5,574 | +€4,649 | +502.6% |
| Other operating charges | 640/8 | €845 | €867 | +€22 | +2.6% |
| Gross operating margin | 9900 | €12,900 | €8,729 | -€4,171 | -32.3% |
| Operating profit (loss) | 9901 | €11,130 | €2,288 | -€8,842 | -79.4% |
| Financial income | 75/76B | €140 | - | -€140 | |
| Recurring financial income | 75 | €140 | - | -€140 | |
| Financial charges | 65/66B | €366 | €241 | -€125 | -34.2% |
| Recurring financial charges | 65 | €366 | €241 | -€125 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €10,904 | €2,047 | -€8,857 | -81.2% |
| Income taxes | 67/77 | €2,890 | €856 | -€2,034 | -70.4% |
| Profit (loss) for the period | 9904 | €8,014 | €1,191 | -€6,823 | -85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,014 | €1,191 | -€6,823 | -85.1% |
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 9 October 2026 via checked.be.