LARGO-DOX: 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.
LARGO-DOX
Largest movements
- Receivables within one year -€53,066
down €53,066 (-15.4%), from €344,660 to €291,594
- Cash +€12,402
up €12,402 (+1,089%), from €1,139 to €13,541
mainly Trade debts (+€75,605) and Receivables within one year (+€53,066)
- Tangible fixed assets -€12,211
down €12,211 (-57.5%), from €21,244 to €9,033
- Other debts -€172,304
down €172,304 (-55.3%), from €311,723 to €139,419
- Trade debts +€75,605
up €75,605 (+90,480%), from €84 to €75,689
- Reserves +€38,597
up €38,597 (+381%), from €10,141 to €48,739
of which Distributable reserves: +€38,597
- Tax, wage and social debts +€18,795
new in 2025: €18,795
- Debts after one year -€10,242
down €10,242 (-79.2%), from €12,927 to €2,685
- Taxes +€25,344
up €25,344, from -€6,549 to €18,795
- Financial charges -€812
down €812 (-47.7%), from €1,702 to €890
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.
Derived cash bridge
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 | €367,042 | €314,168 | -€52,874 | -14.4% |
| Fixed assets | 21/28 | €21,244 | €9,033 | -€12,211 | -57.5% |
| Tangible fixed assets | 22/27 | €21,244 | €9,033 | -€12,211 | -57.5% |
| Plant, machinery and equipment | 23 | €21,244 | €9,033 | -€12,211 | -57.5% |
| Current assets | 29/58 | €345,798 | €305,135 | -€40,663 | -11.8% |
| Amounts receivable within one year | 40/41 | €344,660 | €291,594 | -€53,066 | -15.4% |
| Other amounts receivable | 41 | €344,660 | €291,594 | -€53,066 | -15.4% |
| Cash at bank and in hand | 54/58 | €1,139 | €13,541 | +€12,402 | +1,089% |
| Total equity and liabilities | 10/49 | €367,042 | €314,168 | -€52,874 | -14.4% |
| Equity | 10/15 | €28,741 | €67,339 | +€38,597 | +134% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,141 | €48,739 | +€38,597 | +381% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,281 | €46,879 | +€38,597 | +466% |
| Amounts payable | 17/49 | €338,301 | €246,829 | -€91,472 | -27.0% |
| Amounts payable after more than one year | 17 | €12,927 | €2,685 | -€10,242 | -79.2% |
| Financial debts | 170/4 | €12,927 | €2,685 | -€10,242 | -79.2% |
| Amounts payable within one year | 42/48 | €325,374 | €244,144 | -€81,230 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €13,568 | €10,242 | -€3,326 | -24.5% |
| Trade debts | 44 | €84 | €75,689 | +€75,605 | +90,480% |
| Suppliers | 440/4 | €84 | €75,689 | +€75,605 | +90,480% |
| Taxes, remuneration and social security | 45 | - | €18,795 | +€18,795 | |
| Taxes | 450/3 | - | €18,795 | +€18,795 | |
| Other amounts payable | 47/48 | €311,723 | €139,419 | -€172,304 | -55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,211 | €12,211 | = | 0.0% |
| Other operating charges | 640/8 | €878 | €575 | -€302 | -34.5% |
| Gross operating margin | 9900 | €68,856 | €68,572 | -€284 | -0.4% |
| Operating profit (loss) | 9901 | €55,767 | €55,786 | +€18 | 0.0% |
| Financial income | 75/76B | €2,715 | €2,497 | -€218 | -8.0% |
| Recurring financial income | 75 | €2,715 | €2,497 | -€218 | -8.0% |
| Financial charges | 65/66B | €1,702 | €890 | -€812 | -47.7% |
| Recurring financial charges | 65 | €1,702 | €890 | -€812 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | €56,780 | €57,392 | +€612 | +1.1% |
| Income taxes | 67/77 | -€6,549 | €18,795 | +€25,344 | |
| Profit (loss) for the period | 9904 | €63,330 | €38,597 | -€24,732 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,330 | €38,597 | -€24,732 | -39.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.