LAGOON: what changed
Two fiscal 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 +€252,293
up €252,293 (+38.6%), from €654,343 to €906,636
of which Trade receivables: +€218,264
- Other debts +€125,830
up €125,830 (+11.9%), from €1.1m to €1.2m
- Trade debts +€70,789
up €70,789 (+22.1%), from €319,888 to €390,677
- Profit (loss) carried forward +€57,621
up €57,621 (+7.6%), from -€762,180 to -€704,559
- Gross operating margin +€59,443
up €59,443 (+1469.6%), from €4,045 to €63,487
- Financial income +€27,762
up €27,762 (+271.9%), from €10,210 to €37,972
- Financial charges -€13,965
down €13,965 (-29.3%), from €47,690 to €33,725
- Depreciation -€13,528
down €13,528 (-68.5%), from €19,740 to €6,212
- Other operating charges -€4,859
down €4,859 (-55.5%), from €8,761 to €3,902
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 | €1,297,788 | €1,543,096 | +€245,307 | +18.9% |
| Fixed assets | 21/28 | €42,327 | €36,116 | -€6,212 | -14.7% |
| Tangible fixed assets | 22/27 | €42,327 | €36,116 | -€6,212 | -14.7% |
| Land and buildings | 22 | €37,837 | €36,113 | -€1,724 | -4.6% |
| Plant, machinery and equipment | 23 | €4,491 | €3 | -€4,488 | -99.9% |
| Current assets | 29/58 | €1,255,461 | €1,506,980 | +€251,519 | +20.0% |
| Amounts receivable after more than one year | 29 | €600,000 | €600,000 | = | 0.0% |
| Other amounts receivable | 291 | €600,000 | €600,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €654,343 | €906,636 | +€252,293 | +38.6% |
| Trade receivables | 40 | €591,532 | €809,796 | +€218,264 | +36.9% |
| Other amounts receivable | 41 | €62,811 | €96,840 | +€34,029 | +54.2% |
| Cash at bank and in hand | 54/58 | €1,118 | €344 | -€775 | -69.3% |
| Total equity and liabilities | 10/49 | €1,297,788 | €1,543,096 | +€245,307 | +18.9% |
| Equity | 10/15 | -€128,591 | -€70,970 | +€57,621 | +44.8% |
| Contributions | 10/11 | €632,400 | €632,400 | = | 0.0% |
| Capital | 10 | €632,400 | €632,400 | = | 0.0% |
| Issued capital | 100 | €632,400 | €632,400 | = | 0.0% |
| Reserves | 13 | €1,189 | €1,189 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,189 | €1,189 | = | 0.0% |
| Legal reserve | 130 | €1,189 | €1,189 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€762,180 | -€704,559 | +€57,621 | +7.6% |
| Amounts payable | 17/49 | €1,426,379 | €1,614,066 | +€187,686 | +13.2% |
| Amounts payable within one year | 42/48 | €1,426,379 | €1,614,066 | +€187,686 | +13.2% |
| Trade debts | 44 | €319,888 | €390,677 | +€70,789 | +22.1% |
| Suppliers | 440/4 | €319,888 | €390,677 | +€70,789 | +22.1% |
| Taxes, remuneration and social security | 45 | €51,229 | €42,296 | -€8,933 | -17.4% |
| Taxes | 450/3 | €51,229 | €42,296 | -€8,933 | -17.4% |
| Other amounts payable | 47/48 | €1,055,262 | €1,181,092 | +€125,830 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,740 | €6,212 | -€13,528 | -68.5% |
| Other operating charges | 640/8 | €8,761 | €3,902 | -€4,859 | -55.5% |
| Gross operating margin | 9900 | €4,045 | €63,487 | +€59,443 | +1469.6% |
| Operating profit (loss) | 9901 | -€24,456 | €53,373 | +€77,830 | |
| Financial income | 75/76B | €10,210 | €37,972 | +€27,762 | +271.9% |
| Recurring financial income | 75 | €10,210 | €37,972 | +€27,762 | +271.9% |
| Financial charges | 65/66B | €47,690 | €33,725 | -€13,965 | -29.3% |
| Recurring financial charges | 65 | €47,690 | €33,725 | -€13,965 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | -€61,936 | €57,621 | +€119,557 | |
| Profit (loss) for the period | 9904 | -€61,936 | €57,621 | +€119,557 | |
| Profit (loss) for the period to be appropriated | 9905 | -€61,936 | €57,621 | +€119,557 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.