LAGOON: 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.
LAGOON
Largest movements
- Receivables within one year +€56,364
up €56,364 (+127%), from €44,239 to €100,604
of which Trade receivables: +€45,872
- Cash +€20,361
up €20,361 (+729%), from €2,794 to €23,156
mainly Trade debts (+€55,690) and Net result for the year (+€14,814)
- Stocks and contracts -€2,891
down €2,891 (-36.8%), from €7,857 to €4,966
- Trade debts +€55,690
up €55,690 (+236%), from €23,613 to €79,302
- Profit (loss) carried forward +€14,822
up €14,822 (+63.9%), from -€23,177 to -€8,356
- Tax, wage and social debts +€3,610
up €3,610 (+34.2%), from €10,565 to €14,175
of which Remuneration and social security: +€2,129
- Staff costs -€6,077
down €6,077 (-7.6%), from €80,251 to €74,174
- Financial charges -€1,730
down €1,730 (-89.9%), from €1,924 to €194
- Gross operating margin +€1,507
up €1,507 (+1.7%), from €89,828 to €91,335
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 | €60,535 | €135,183 | +€74,648 | +123% |
| Fixed assets | 21/28 | €5,644 | €6,458 | +€814 | +14.4% |
| Tangible fixed assets | 22/27 | €964 | €1,778 | +€814 | +84.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €516 | €1,329 | +€814 | +158% |
| Other tangible fixed assets | 26 | €449 | €449 | = | 0.0% |
| Financial fixed assets | 28 | €4,680 | €4,680 | = | 0.0% |
| Current assets | 29/58 | €54,891 | €128,726 | +€73,835 | +135% |
| Stocks and contracts in progress | 3 | €7,857 | €4,966 | -€2,891 | -36.8% |
| Stocks | 30/36 | €7,857 | €4,966 | -€2,891 | -36.8% |
| Amounts receivable within one year | 40/41 | €44,239 | €100,604 | +€56,364 | +127% |
| Trade receivables | 40 | €38,871 | €84,743 | +€45,872 | +118% |
| Other amounts receivable | 41 | €5,369 | €15,861 | +€10,492 | +195% |
| Cash at bank and in hand | 54/58 | €2,794 | €23,156 | +€20,361 | +729% |
| Total equity and liabilities | 10/49 | €60,535 | €135,183 | +€74,648 | +123% |
| Equity | 10/15 | €23,415 | €38,237 | +€14,822 | +63.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €28,001 | €28,001 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €26,141 | €26,141 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,177 | -€8,356 | +€14,822 | +63.9% |
| Amounts payable | 17/49 | €37,120 | €96,946 | +€59,827 | +161% |
| Amounts payable within one year | 42/48 | €37,120 | €96,946 | +€59,827 | +161% |
| Trade debts | 44 | €23,613 | €79,302 | +€55,690 | +236% |
| Suppliers | 440/4 | €23,613 | €79,302 | +€55,690 | +236% |
| Taxes, remuneration and social security | 45 | €10,565 | €14,175 | +€3,610 | +34.2% |
| Taxes | 450/3 | €4,054 | €5,535 | +€1,481 | +36.5% |
| Remuneration and social security | 454/9 | €6,511 | €8,640 | +€2,129 | +32.7% |
| Other amounts payable | 47/48 | €2,942 | €3,469 | +€527 | +17.9% |
| Remuneration, social security and pensions | 62 | €80,251 | €74,174 | -€6,077 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €769 | - | -€769 | |
| Other operating charges | 640/8 | €2,153 | €2,154 | +€1 | +0.1% |
| Gross operating margin | 9900 | €89,828 | €91,335 | +€1,507 | +1.7% |
| Operating profit (loss) | 9901 | €6,654 | €15,006 | +€8,352 | +126% |
| Financial income | 75/76B | €715 | €2 | -€713 | -99.7% |
| Recurring financial income | 75 | €715 | €2 | -€713 | -99.7% |
| Financial charges | 65/66B | €1,924 | €194 | -€1,730 | -89.9% |
| Recurring financial charges | 65 | €1,924 | €194 | -€1,730 | -89.9% |
| Profit (loss) for the period before taxes | 9903 | €5,444 | €14,814 | +€9,370 | +172% |
| Income taxes | 67/77 | €864 | - | -€864 | |
| Profit (loss) for the period | 9904 | €4,580 | €14,814 | +€10,234 | +223% |
| Profit (loss) for the period to be appropriated | 9905 | €4,580 | €14,814 | +€10,234 | +223% |
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 14 October 2026 via checked.be.