LAGRANGE MAXIME: 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.
LAGRANGE MAXIME
Largest movements
- Cash -€59,259
down €59,259 (-61.7%), from €96,082 to €36,823
mainly Other debts (-€38,824) and Debts after one year (-€19,455)
- Tangible fixed assets -€14,183
down €14,183 (-22.1%), from €64,272 to €50,088
of which Furniture and vehicles: -€13,896
- Receivables within one year -€11,101
down €11,101 (-49.0%), from €22,644 to €11,543
of which Trade receivables: -€9,689
- Deferred charges and accrued income +€2,261
up €2,261 (+289.5%), from €781 to €3,043
- Other debts -€38,824
down €38,824 (-46.9%), from €82,864 to €44,041
- Debts after one year -€19,455
down €19,455 (-62.4%), from €31,181 to €11,726
- Tax, wage and social debts -€14,713
down €14,713 (-98.1%), from €15,000 to €287
- Profit (loss) carried forward -€7,811
down €7,811 (-36.7%), from €21,306 to €13,495
- Trade debts -€3,420
down €3,420 (-73.1%), from €4,680 to €1,261
- Gross operating margin -€58,875
down €58,875 (-81.1%), from €72,599 to €13,724
- Taxes -€13,301
down €13,301 (-97.9%), from €13,588 to €287
- Financial charges -€1,214
down €1,214 (-35.3%), from €3,443 to €2,229
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,779 | €101,497 | -€82,282 | -44.8% |
| Fixed assets | 21/28 | €64,272 | €50,088 | -€14,183 | -22.1% |
| Tangible fixed assets | 22/27 | €64,272 | €50,088 | -€14,183 | -22.1% |
| Plant, machinery and equipment | 23 | €2,055 | €1,768 | -€287 | -14.0% |
| Furniture and vehicles | 24 | €62,216 | €48,320 | -€13,896 | -22.3% |
| Current assets | 29/58 | €119,508 | €51,409 | -€68,099 | -57.0% |
| Amounts receivable within one year | 40/41 | €22,644 | €11,543 | -€11,101 | -49.0% |
| Trade receivables | 40 | €21,232 | €11,543 | -€9,689 | -45.6% |
| Other amounts receivable | 41 | €1,412 | - | -€1,412 | |
| Cash at bank and in hand | 54/58 | €96,082 | €36,823 | -€59,259 | -61.7% |
| Deferred charges and accrued income | 490/1 | €781 | €3,043 | +€2,261 | +289.5% |
| Total equity and liabilities | 10/49 | €183,779 | €101,497 | -€82,282 | -44.8% |
| Equity | 10/15 | €23,806 | €15,995 | -€7,811 | -32.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,306 | €13,495 | -€7,811 | -36.7% |
| Amounts payable | 17/49 | €159,973 | €85,501 | -€74,471 | -46.6% |
| Amounts payable after more than one year | 17 | €31,181 | €11,726 | -€19,455 | -62.4% |
| Financial debts | 170/4 | €31,181 | €11,726 | -€19,455 | -62.4% |
| Amounts payable within one year | 42/48 | €128,792 | €73,775 | -€55,017 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €26,247 | €28,186 | +€1,940 | +7.4% |
| Trade debts | 44 | €4,680 | €1,261 | -€3,420 | -73.1% |
| Suppliers | 440/4 | €4,680 | €1,261 | -€3,420 | -73.1% |
| Taxes, remuneration and social security | 45 | €15,000 | €287 | -€14,713 | -98.1% |
| Taxes | 450/3 | €15,000 | €287 | -€14,713 | -98.1% |
| Other amounts payable | 47/48 | €82,864 | €44,041 | -€38,824 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,691 | €18,360 | +€669 | +3.8% |
| Other operating charges | 640/8 | €318 | €658 | +€341 | +107.1% |
| Non-recurring operating charges | 66A | €644 | - | -€644 | |
| Gross operating margin | 9900 | €72,599 | €13,724 | -€58,875 | -81.1% |
| Operating profit (loss) | 9901 | €53,945 | -€5,295 | -€59,240 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,443 | €2,229 | -€1,214 | -35.3% |
| Recurring financial charges | 65 | €3,443 | €2,229 | -€1,214 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €50,502 | -€7,524 | -€58,026 | |
| Income taxes | 67/77 | €13,588 | €287 | -€13,301 | -97.9% |
| Profit (loss) for the period | 9904 | €36,914 | -€7,811 | -€44,725 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,914 | -€7,811 | -€44,725 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.