LAGROU: 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.
LAGROU
Largest movements
- Receivables within one year -€33,068
down €33,068 (-18.3%), from €180,897 to €147,829
of which Trade receivables: -€34,854
- Deferred charges and accrued income -€15,629
down €15,629 (-100%), from €15,629 to €0
- Tangible fixed assets -€2,689
down €2,689 (-100%), from €2,689 to €0
of which Plant, machinery and equipment: -€1,555
- Trade debts -€65,335
down €65,335 (-42.6%), from €153,299 to €87,964
- Other debts +€31,653
up €31,653 (+4.8%), from €656,269 to €687,922
- Profit (loss) carried forward -€14,450
down €14,450 (-1.8%), from -€791,748 to -€806,198
- Tax, wage and social debts -€5,597
down €5,597 (-100%), from €5,597 to €0
- Gross operating margin +€21,365
up €21,365 (+71.0%), from €30,085 to €51,450
- Staff costs -€20,319
down €20,319 (-33.0%), from €61,589 to €41,270
- Other operating charges -€14,441
down €14,441 (-47.4%), from €30,466 to €16,025
- Financial charges +€906
up €906 (+12.5%), from €7,271 to €8,178
- Depreciation -€734
down €734 (-95.3%), from €770 to €36
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.
Derived cash bridge
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 | €207,764 | €154,035 | -€53,729 | -25.9% |
| Fixed assets | 21/28 | €9,189 | €6,000 | -€3,189 | -34.7% |
| Tangible fixed assets | 22/27 | €2,689 | €0 | -€2,689 | -100% |
| Plant, machinery and equipment | 23 | €1,555 | €0 | -€1,555 | -100% |
| Other tangible fixed assets | 26 | €1,134 | €0 | -€1,134 | -100% |
| Financial fixed assets | 28 | €6,500 | €6,000 | -€500 | -7.7% |
| Current assets | 29/58 | €198,575 | €148,035 | -€50,540 | -25.5% |
| Amounts receivable within one year | 40/41 | €180,897 | €147,829 | -€33,068 | -18.3% |
| Trade receivables | 40 | €154,745 | €119,891 | -€34,854 | -22.5% |
| Other amounts receivable | 41 | €26,153 | €27,938 | +€1,786 | +6.8% |
| Cash at bank and in hand | 54/58 | €2,049 | €206 | -€1,843 | -89.9% |
| Deferred charges and accrued income | 490/1 | €15,629 | €0 | -€15,629 | -100% |
| Total equity and liabilities | 10/49 | €207,764 | €154,035 | -€53,729 | -25.9% |
| Equity | 10/15 | -€607,401 | -€621,851 | -€14,450 | -2.4% |
| Contributions | 10/11 | €123,985 | €123,985 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Contributions outside capital | 11 | €38 | €38 | = | 0.0% |
| Share premium | 1100/10 | €38 | €38 | = | 0.0% |
| Reserves | 13 | €60,362 | €60,362 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,904 | €17,904 | = | 0.0% |
| Legal reserve | 130 | €17,904 | €17,904 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,458 | €42,458 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€791,748 | -€806,198 | -€14,450 | -1.8% |
| Amounts payable | 17/49 | €815,165 | €775,886 | -€39,279 | -4.8% |
| Amounts payable within one year | 42/48 | €815,165 | €775,886 | -€39,279 | -4.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €153,299 | €87,964 | -€65,335 | -42.6% |
| Suppliers | 440/4 | €153,299 | €87,964 | -€65,335 | -42.6% |
| Taxes, remuneration and social security | 45 | €5,597 | €0 | -€5,597 | -100% |
| Remuneration and social security | 454/9 | €5,597 | €0 | -€5,597 | -100% |
| Other amounts payable | 47/48 | €656,269 | €687,922 | +€31,653 | +4.8% |
| Non-recurring operating income | 76A | €0 | €45,674 | +€45,674 | |
| Remuneration, social security and pensions | 62 | €61,589 | €41,270 | -€20,319 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €770 | €36 | -€734 | -95.3% |
| Other operating charges | 640/8 | €30,466 | €16,025 | -€14,441 | -47.4% |
| Non-recurring operating charges | 66A | €1,468 | €1,104 | -€363 | -24.8% |
| Gross operating margin | 9900 | €30,085 | €51,450 | +€21,365 | +71.0% |
| Operating profit (loss) | 9901 | -€64,208 | -€6,986 | +€57,222 | +89.1% |
| Financial income | 75/76B | €698 | €714 | +€16 | +2.3% |
| Recurring financial income | 75 | €698 | €714 | +€16 | +2.3% |
| Financial charges | 65/66B | €7,271 | €8,178 | +€906 | +12.5% |
| Recurring financial charges | 65 | €7,271 | €8,178 | +€906 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | -€70,781 | -€14,449 | +€56,332 | +79.6% |
| Income taxes | 67/77 | €1 | €1 | -€1 | -46.5% |
| Profit (loss) for the period | 9904 | -€70,782 | -€14,450 | +€56,333 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,782 | -€14,450 | +€56,333 | +79.6% |
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 27 October 2026 via checked.be.