LARGO: 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.
LARGO
Largest movements
- Stocks and contracts -€35,000
down €35,000 (-100.0%), from €35,000 to €0
- Receivables within one year -€8,398
down €8,398 (-3.0%), from €278,502 to €270,104
- Profit (loss) carried forward +€63,323
up €63,323 (+26.6%), from -€238,442 to -€175,119
- Tax, wage and social debts -€37,420
down €37,420 (-99.7%), from €37,522 to €102
- Debts after one year -€32,674
down €32,674 (-100.0%), from €32,674 to €0
- Other debts -€29,953
down €29,953 (-6.5%), from €461,260 to €431,307
- Current portion of long-term debt -€9,404
down €9,404 (-100.0%), from €9,404 to €0
- Taxes -€69,589
down €69,589, from €16,668 to -€52,921
- Other operating charges -€7,363
down €7,363 (-94.9%), from €7,762 to €400
- Gross operating margin +€5,092
up €5,092 (+51.3%), from €9,933 to €15,025
- Financial charges +€882
up €882 (+24.0%), from €3,671 to €4,553
- Financial income +€330
new in 2025: €330
of which Financial income: +€330
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 | €322,294 | €276,265 | -€46,029 | -14.3% |
| Fixed assets | 21/28 | €170 | €0 | -€170 | -100.0% |
| Financial fixed assets | 28 | €170 | €0 | -€170 | -100.0% |
| Current assets | 29/58 | €322,123 | €276,265 | -€45,858 | -14.2% |
| Stocks and contracts in progress | 3 | €35,000 | €0 | -€35,000 | -100.0% |
| Stocks | 30/36 | €35,000 | €0 | -€35,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €278,502 | €270,104 | -€8,398 | -3.0% |
| Other amounts receivable | 41 | €278,502 | €270,104 | -€8,398 | -3.0% |
| Cash at bank and in hand | 54/58 | €8,621 | €6,161 | -€2,460 | -28.5% |
| Total equity and liabilities | 10/49 | €322,294 | €276,265 | -€46,029 | -14.3% |
| Equity | 10/15 | -€218,866 | -€155,544 | +€63,323 | +28.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €975 | €975 | = | 0.0% |
| Non-distributable reserves | 130/1 | €975 | €975 | = | 0.0% |
| Reserves not available under the articles | 1311 | €975 | €975 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€238,442 | -€175,119 | +€63,323 | +26.6% |
| Amounts payable | 17/49 | €541,160 | €431,809 | -€109,351 | -20.2% |
| Amounts payable after more than one year | 17 | €32,674 | €0 | -€32,674 | -100.0% |
| Financial debts | 170/4 | €32,674 | €0 | -€32,674 | -100.0% |
| Amounts payable within one year | 42/48 | €508,486 | €431,809 | -€76,677 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €9,404 | €0 | -€9,404 | -100.0% |
| Trade debts | 44 | €300 | €400 | +€100 | +33.2% |
| Suppliers | 440/4 | €300 | €400 | +€100 | +33.2% |
| Taxes, remuneration and social security | 45 | €37,522 | €102 | -€37,420 | -99.7% |
| Taxes | 450/3 | €37,522 | €102 | -€37,420 | -99.7% |
| Other amounts payable | 47/48 | €461,260 | €431,307 | -€29,953 | -6.5% |
| Non-recurring operating income | 76A | - | €22,500 | +€22,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €7,762 | €400 | -€7,363 | -94.9% |
| Gross operating margin | 9900 | €9,933 | €15,025 | +€5,092 | +51.3% |
| Operating profit (loss) | 9901 | €2,170 | €14,625 | +€12,455 | +573.9% |
| Financial income | 75/76B | - | €330 | +€330 | |
| Recurring financial income | 75 | - | €330 | +€330 | |
| Non-recurring financial income | 76B | - | €330 | +€330 | |
| Financial charges | 65/66B | €3,671 | €4,553 | +€882 | +24.0% |
| Recurring financial charges | 65 | €3,671 | €4,553 | +€882 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,501 | €10,402 | +€11,902 | |
| Income taxes | 67/77 | €16,668 | -€52,921 | -€69,589 | |
| Profit (loss) for the period | 9904 | -€18,169 | €63,323 | +€81,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,169 | €63,323 | +€81,492 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.