LAGRANGE: 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.
LAGRANGE
Largest movements
- Receivables within one year -€84,685
down €84,685 (-7.6%), from €1.1m to €1.0m
- Tangible fixed assets +€67,194
up €67,194 (+649.3%), from €10,349 to €77,543
of which Land and buildings: +€68,083
- Financial fixed assets -€62,000
no longer reported in 2024 (was €62,000)
- Cash -€24,375
down €24,375 (-99.5%), from €24,509 to €133
mainly Debts after one year (-€70,123) and Tax, wage and social debts (-€65,543)
- Debts after one year -€70,123
down €70,123 (-11.4%), from €617,030 to €546,907
of which Financial debts: -€220,123
- Tax, wage and social debts -€65,543
down €65,543 (-72.6%), from €90,248 to €24,706
- Taxes -€12,786
no longer reported in 2024 (was €12,786)
- Gross operating margin -€6,375
down €6,375 (-12.7%), from €50,056 to €43,681
- Financial charges +€2,665
up €2,665 (+8.5%), from €31,201 to €33,866
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 | €2,227,158 | €2,104,221 | -€122,937 | -5.5% |
| Fixed assets | 21/28 | €72,349 | €77,543 | +€5,194 | +7.2% |
| Tangible fixed assets | 22/27 | €10,349 | €77,543 | +€67,194 | +649.3% |
| Land and buildings | 22 | €7,875 | €75,958 | +€68,083 | +864.5% |
| Furniture and vehicles | 24 | €2,474 | €1,586 | -€889 | -35.9% |
| Financial fixed assets | 28 | €62,000 | - | -€62,000 | |
| Current assets | 29/58 | €2,154,809 | €2,026,678 | -€128,132 | -5.9% |
| Stocks and contracts in progress | 3 | €1,018,018 | €999,038 | -€18,981 | -1.9% |
| Stocks | 30/36 | €1,018,018 | €999,038 | -€18,981 | -1.9% |
| Amounts receivable within one year | 40/41 | €1,111,671 | €1,026,986 | -€84,685 | -7.6% |
| Trade receivables | 40 | €1,111,671 | €1,026,986 | -€84,685 | -7.6% |
| Cash at bank and in hand | 54/58 | €24,509 | €133 | -€24,375 | -99.5% |
| Deferred charges and accrued income | 490/1 | €611 | €521 | -€90 | -14.8% |
| Total equity and liabilities | 10/49 | €2,227,158 | €2,104,221 | -€122,937 | -5.5% |
| Equity | 10/15 | €593,657 | €600,608 | +€6,951 | +1.2% |
| Contributions | 10/11 | €179,800 | €179,800 | = | 0.0% |
| Capital | 10 | €179,800 | €179,800 | = | 0.0% |
| Issued capital | 100 | €179,800 | €179,800 | = | 0.0% |
| Reserves | 13 | €17,980 | €17,980 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,980 | €17,980 | = | 0.0% |
| Legal reserve | 130 | €17,980 | €17,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | €395,877 | €402,828 | +€6,951 | +1.8% |
| Amounts payable | 17/49 | €1,633,502 | €1,503,613 | -€129,889 | -8.0% |
| Amounts payable after more than one year | 17 | €617,030 | €546,907 | -€70,123 | -11.4% |
| Financial debts | 170/4 | €617,030 | €396,907 | -€220,123 | -35.7% |
| Other amounts payable | 178/9 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €1,016,472 | €956,706 | -€59,765 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €88,295 | €84,887 | -€3,408 | -3.9% |
| Trade debts | 44 | €659,711 | €657,143 | -€2,567 | -0.4% |
| Suppliers | 440/4 | €659,711 | €657,143 | -€2,567 | -0.4% |
| Taxes, remuneration and social security | 45 | €90,248 | €24,706 | -€65,543 | -72.6% |
| Taxes | 450/3 | €90,248 | €24,706 | -€65,543 | -72.6% |
| Other amounts payable | 47/48 | €178,218 | €189,970 | +€11,753 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,305 | €2,032 | -€273 | -11.8% |
| Other operating charges | 640/8 | €622 | €832 | +€210 | +33.7% |
| Gross operating margin | 9900 | €50,056 | €43,681 | -€6,375 | -12.7% |
| Operating profit (loss) | 9901 | €47,129 | €40,817 | -€6,312 | -13.4% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €31,201 | €33,866 | +€2,665 | +8.5% |
| Recurring financial charges | 65 | €31,201 | €33,866 | +€2,665 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €15,945 | €6,951 | -€8,994 | -56.4% |
| Income taxes | 67/77 | €12,786 | - | -€12,786 | |
| Profit (loss) for the period | 9904 | €3,159 | €6,951 | +€3,793 | +120.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,159 | €6,951 | +€3,793 | +120.1% |
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.