LAGRO: 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.
LAGRO
Largest movements
- Tangible fixed assets +€414,285
up €414,285 (+17.6%), from €2.3m to €2.8m
of which Land and buildings: +€444,346
- Receivables within one year -€148,879
down €148,879 (-21.1%), from €706,873 to €557,994
of which Other amounts receivable: -€148,564
- Cash -€148,167
down €148,167 (-97.2%), from €152,461 to €4,294
mainly Investment in fixed assets (net) (-€723,881) and Trade debts (-€81,765)
- Profit (loss) carried forward +€237,420
up €237,420 (+9.2%), from €2.6m to €2.8m
- Trade debts -€81,765
down €81,765 (-95.8%), from €85,362 to €3,596
- Depreciation +€86,277
up €86,277 (+38.6%), from €223,319 to €309,596
- Gross operating margin +€45,815
up €45,815 (+5.9%), from €774,551 to €820,366
- Financial income -€44,118
down €44,118 (-95.4%), from €46,223 to €2,105
- Financial charges -€21,393
down €21,393 (-15.3%), from €140,275 to €118,882
of which Financial charges: -€25,133
- Taxes -€18,451
down €18,451 (-18.3%), from €100,999 to €82,548
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 | €6,639,960 | €6,757,056 | +€117,097 | +1.8% |
| Fixed assets | 21/28 | €5,707,951 | €6,122,236 | +€414,285 | +7.3% |
| Tangible fixed assets | 22/27 | €2,349,517 | €2,763,802 | +€414,285 | +17.6% |
| Land and buildings | 22 | €2,273,689 | €2,718,035 | +€444,346 | +19.5% |
| Plant, machinery and equipment | 23 | €45,111 | €35,472 | -€9,639 | -21.4% |
| Furniture and vehicles | 24 | €30,717 | €10,295 | -€20,422 | -66.5% |
| Financial fixed assets | 28 | €3,358,434 | €3,358,434 | = | 0.0% |
| Current assets | 29/58 | €932,009 | €634,821 | -€297,188 | -31.9% |
| Amounts receivable after more than one year | 29 | €67,501 | €62,329 | -€5,172 | -7.7% |
| Other amounts receivable | 291 | €67,501 | €62,329 | -€5,172 | -7.7% |
| Amounts receivable within one year | 40/41 | €706,873 | €557,994 | -€148,879 | -21.1% |
| Trade receivables | 40 | €315 | €0 | -€315 | -100.0% |
| Other amounts receivable | 41 | €706,558 | €557,994 | -€148,564 | -21.0% |
| Cash at bank and in hand | 54/58 | €152,461 | €4,294 | -€148,167 | -97.2% |
| Deferred charges and accrued income | 490/1 | €5,174 | €10,204 | +€5,030 | +97.2% |
| Total equity and liabilities | 10/49 | €6,639,960 | €6,757,056 | +€117,097 | +1.8% |
| Equity | 10/15 | €3,408,821 | €3,628,621 | +€219,800 | +6.4% |
| Contributions | 10/11 | €561,500 | €561,500 | = | 0.0% |
| Capital | 10 | €561,500 | €561,500 | = | 0.0% |
| Issued capital | 100 | €561,500 | €561,500 | = | 0.0% |
| Reserves | 13 | €269,232 | €251,611 | -€17,621 | -6.5% |
| Non-distributable reserves | 130/1 | €60,000 | €60,000 | = | 0.0% |
| Legal reserve | 130 | €60,000 | €60,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €209,232 | €191,611 | -€17,621 | -8.4% |
| Profit (loss) carried forward | 14 | €2,578,089 | €2,815,510 | +€237,420 | +9.2% |
| Provisions and deferred taxes | 16 | €69,744 | €63,870 | -€5,874 | -8.4% |
| Deferred taxes | 168 | €69,744 | €63,870 | -€5,874 | -8.4% |
| Amounts payable | 17/49 | €3,161,394 | €3,064,565 | -€96,829 | -3.1% |
| Amounts payable after more than one year | 17 | €2,721,179 | €2,708,169 | -€13,010 | -0.5% |
| Financial debts | 170/4 | €2,721,179 | €2,708,169 | -€13,010 | -0.5% |
| Amounts payable within one year | 42/48 | €416,509 | €340,232 | -€76,277 | -18.3% |
| Trade debts | 44 | €85,362 | €3,596 | -€81,765 | -95.8% |
| Suppliers | 440/4 | €85,362 | €3,596 | -€81,765 | -95.8% |
| Taxes, remuneration and social security | 45 | €1,393 | €2,877 | +€1,485 | +106.6% |
| Taxes | 450/3 | €1,393 | €2,877 | +€1,485 | +106.6% |
| Other amounts payable | 47/48 | €329,755 | €333,759 | +€4,004 | +1.2% |
| Accrued charges and deferred income | 492/3 | €23,706 | €16,164 | -€7,542 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223,319 | €309,596 | +€86,277 | +38.6% |
| Other operating charges | 640/8 | €91,460 | €97,519 | +€6,059 | +6.6% |
| Gross operating margin | 9900 | €774,551 | €820,366 | +€45,815 | +5.9% |
| Operating profit (loss) | 9901 | €459,772 | €413,251 | -€46,521 | -10.1% |
| Financial income | 75/76B | €46,223 | €2,105 | -€44,118 | -95.4% |
| Recurring financial income | 75 | €46,223 | €2,105 | -€44,118 | -95.4% |
| Financial charges | 65/66B | €140,275 | €118,882 | -€21,393 | -15.3% |
| Recurring financial charges | 65 | €140,275 | €115,143 | -€25,133 | -17.9% |
| Non-recurring financial charges | 66B | - | €3,739 | +€3,739 | |
| Profit (loss) for the period before taxes | 9903 | €365,720 | €296,474 | -€69,245 | -18.9% |
| Transfer from deferred taxes | 780 | €5,874 | €5,874 | = | 0.0% |
| Income taxes | 67/77 | €100,999 | €82,548 | -€18,451 | -18.3% |
| Profit (loss) for the period | 9904 | €270,594 | €219,800 | -€50,794 | -18.8% |
| Transfer from tax-exempt reserves | 789 | €17,621 | €17,621 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €288,214 | €237,420 | -€50,794 | -17.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.