LAGRAPH: 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.
LAGRAPH
Largest movements
- Cash +€276,391
up €276,391 (+121.6%), from €227,307 to €503,697
mainly Net result for the year (+€230,145) and Current investments (+€200,000)
- Current investments -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Receivables within one year +€134,189
up €134,189 (+554.5%), from €24,200 to €158,389
- Reserves +€230,145
up €230,145 (+73.8%), from €312,029 to €542,174
- Tax, wage and social debts -€19,815
down €19,815 (-15.4%), from €128,783 to €108,967
of which Taxes: -€22,815
- Gross operating margin -€112,006
down €112,006 (-27.2%), from €411,080 to €299,074
- Taxes -€27,295
down €27,295 (-28.0%), from €97,343 to €70,048
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 | €451,507 | €662,087 | +€210,580 | +46.6% |
| Current assets | 29/58 | €451,507 | €662,087 | +€210,580 | +46.6% |
| Amounts receivable within one year | 40/41 | €24,200 | €158,389 | +€134,189 | +554.5% |
| Trade receivables | 40 | €24,200 | €158,389 | +€134,189 | +554.5% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €227,307 | €503,697 | +€276,391 | +121.6% |
| Total equity and liabilities | 10/49 | €451,507 | €662,087 | +€210,580 | +46.6% |
| Equity | 10/15 | €312,129 | €542,274 | +€230,145 | +73.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €312,029 | €542,174 | +€230,145 | +73.8% |
| Distributable reserves | 133 | €312,029 | €542,174 | +€230,145 | +73.8% |
| Amounts payable | 17/49 | €139,377 | €119,813 | -€19,565 | -14.0% |
| Amounts payable within one year | 42/48 | €139,087 | €118,313 | -€20,774 | -14.9% |
| Trade debts | 44 | €770 | €682 | -€88 | -11.4% |
| Suppliers | 440/4 | €770 | €682 | -€88 | -11.4% |
| Taxes, remuneration and social security | 45 | €128,783 | €108,967 | -€19,815 | -15.4% |
| Taxes | 450/3 | €128,783 | €105,967 | -€22,815 | -17.7% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €9,534 | €8,663 | -€871 | -9.1% |
| Accrued charges and deferred income | 492/3 | €291 | €1,500 | +€1,209 | +416.3% |
| Other operating charges | 640/8 | €1,520 | €540 | -€980 | -64.5% |
| Gross operating margin | 9900 | €411,080 | €299,074 | -€112,006 | -27.2% |
| Operating profit (loss) | 9901 | €409,560 | €298,534 | -€111,026 | -27.1% |
| Financial income | 75/76B | - | €2,395 | +€2,395 | |
| Recurring financial income | 75 | - | €2,395 | +€2,395 | |
| Financial charges | 65/66B | €188 | €736 | +€549 | +292.6% |
| Recurring financial charges | 65 | €188 | €736 | +€549 | +292.6% |
| Profit (loss) for the period before taxes | 9903 | €409,373 | €300,193 | -€109,180 | -26.7% |
| Income taxes | 67/77 | €97,343 | €70,048 | -€27,295 | -28.0% |
| Profit (loss) for the period | 9904 | €312,029 | €230,145 | -€81,885 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €312,029 | €230,145 | -€81,885 | -26.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.