LARGOTAN: 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.
LARGOTAN
Largest movements
- Receivables within one year +€221,287
up €221,287 (+1040.5%), from €21,268 to €242,555
of which Trade receivables: +€218,780
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Cash +€128,207
up €128,207 (+181.7%), from €70,544 to €198,752
mainly Trade debts (+€161,067) and Current investments (+€150,000)
- Tangible fixed assets -€24,394
down €24,394 (-45.9%), from €53,178 to €28,784
of which Other tangible fixed assets: -€30,749
- Stocks and contracts +€16,662
up €16,662 (+25.2%), from €66,051 to €82,713
- Trade debts +€161,067
up €161,067 (+337.5%), from €47,725 to €208,792
- Profit (loss) carried forward +€68,286
up €68,286 (+32.2%), from €211,765 to €280,051
- Current portion of long-term debt -€36,989
no longer reported in 2025 (was €36,989)
- Tax, wage and social debts +€15,234
up €15,234 (+77.9%), from €19,568 to €34,802
of which Remuneration and social security: +€13,036
- Investment grants -€11,627
no longer reported in 2025 (was €11,627)
- Gross operating margin +€80,513
up €80,513 (+30.1%), from €267,559 to €348,071
- Taxes +€35,557
up €35,557 (+17354.2%), from €205 to €35,762
- Financial income +€12,388
up €12,388 (+98.2%), from €12,618 to €25,006
- Staff costs +€12,163
up €12,163 (+5.9%), from €205,454 to €217,617
- Financial charges +€5,723
up €5,723, from -€3,433 to €2,290
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 | €362,993 | €559,243 | +€196,251 | +54.1% |
| Fixed assets | 21/28 | €53,178 | €28,784 | -€24,394 | -45.9% |
| Tangible fixed assets | 22/27 | €53,178 | €28,784 | -€24,394 | -45.9% |
| Plant, machinery and equipment | 23 | €2,624 | €12,471 | +€9,847 | +375.3% |
| Furniture and vehicles | 24 | €9,489 | €5,997 | -€3,492 | -36.8% |
| Other tangible fixed assets | 26 | €41,065 | €10,316 | -€30,749 | -74.9% |
| Current assets | 29/58 | €309,815 | €530,460 | +€220,645 | +71.2% |
| Stocks and contracts in progress | 3 | €66,051 | €82,713 | +€16,662 | +25.2% |
| Stocks | 30/36 | €66,051 | €82,713 | +€16,662 | +25.2% |
| Amounts receivable within one year | 40/41 | €21,268 | €242,555 | +€221,287 | +1040.5% |
| Trade receivables | 40 | €1,904 | €220,685 | +€218,780 | +11488.0% |
| Other amounts receivable | 41 | €19,364 | €21,871 | +€2,507 | +12.9% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €70,544 | €198,752 | +€128,207 | +181.7% |
| Deferred charges and accrued income | 490/1 | €1,952 | €6,440 | +€4,489 | +230.0% |
| Total equity and liabilities | 10/49 | €362,993 | €559,243 | +€196,251 | +54.1% |
| Equity | 10/15 | €256,392 | €313,051 | +€56,659 | +22.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | - | -€3,000 | |
| Reserves not available under the articles | 1311 | €3,000 | - | -€3,000 | |
| Distributable reserves | 133 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €211,765 | €280,051 | +€68,286 | +32.2% |
| Investment grants | 15 | €11,627 | - | -€11,627 | |
| Amounts payable | 17/49 | €106,600 | €246,192 | +€139,592 | +130.9% |
| Amounts payable within one year | 42/48 | €106,529 | €245,993 | +€139,464 | +130.9% |
| Current portion of amounts payable after more than one year | 42 | €36,989 | - | -€36,989 | |
| Trade debts | 44 | €47,725 | €208,792 | +€161,067 | +337.5% |
| Suppliers | 440/4 | €47,725 | €208,792 | +€161,067 | +337.5% |
| Taxes, remuneration and social security | 45 | €19,568 | €34,802 | +€15,234 | +77.9% |
| Taxes | 450/3 | €728 | €2,926 | +€2,198 | +301.8% |
| Remuneration and social security | 454/9 | €18,839 | €31,876 | +€13,036 | +69.2% |
| Other amounts payable | 47/48 | €2,247 | €2,399 | +€151 | +6.7% |
| Accrued charges and deferred income | 492/3 | €72 | €200 | +€128 | +178.3% |
| Remuneration, social security and pensions | 62 | €205,454 | €217,617 | +€12,163 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,218 | €43,529 | +€1,311 | +3.1% |
| Other operating charges | 640/8 | €192 | €5,593 | +€5,401 | +2809.9% |
| Gross operating margin | 9900 | €267,559 | €348,071 | +€80,513 | +30.1% |
| Operating profit (loss) | 9901 | €19,695 | €81,332 | +€61,637 | +313.0% |
| Financial income | 75/76B | €12,618 | €25,006 | +€12,388 | +98.2% |
| Recurring financial income | 75 | €12,618 | €25,006 | +€12,388 | +98.2% |
| Financial charges | 65/66B | -€3,433 | €2,290 | +€5,723 | |
| Recurring financial charges | 65 | -€3,433 | €2,290 | +€5,723 | |
| Profit (loss) for the period before taxes | 9903 | €35,746 | €104,047 | +€68,302 | +191.1% |
| Income taxes | 67/77 | €205 | €35,762 | +€35,557 | +17354.2% |
| Profit (loss) for the period | 9904 | €35,541 | €68,286 | +€32,745 | +92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,541 | €68,286 | +€32,745 | +92.1% |
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 12 October 2026 via checked.be.