LG Antwerp: 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.
LG Antwerp
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+36.7%), from €5.0m to €6.8m
of which Land and buildings: +€1.7m
- Receivables within one year +€87,913
up €87,913 (+5,099%), from €1,724 to €89,636
of which Trade receivables: +€87,913
- Other debts +€1.7m
up €1.7m (+42.2%), from €4.1m to €5.8m
- Gross operating margin -€22,293
down €22,293 (-6.7%), from €330,793 to €308,500
- Depreciation +€9,238
up €9,238 (+5.1%), from €181,207 to €190,445
- Financial income +€4,553
up €4,553 (+745%), from €611 to €5,164
- Staff costs -€3,502
down €3,502 (-12.8%), from €27,401 to €23,899
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 | €5,146,535 | €6,989,677 | +€1.8m | +35.8% |
| Fixed assets | 21/28 | €4,973,274 | €6,796,680 | +€1.8m | +36.7% |
| Tangible fixed assets | 22/27 | €4,972,774 | €6,796,180 | +€1.8m | +36.7% |
| Land and buildings | 22 | €4,968,215 | €6,680,421 | +€1.7m | +34.5% |
| Plant, machinery and equipment | 23 | €1,496 | €939 | -€557 | -37.2% |
| Furniture and vehicles | 24 | €3,063 | €114,820 | +€111,757 | +3,649% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €173,261 | €192,997 | +€19,737 | +11.4% |
| Amounts receivable within one year | 40/41 | €1,724 | €89,636 | +€87,913 | +5,099% |
| Trade receivables | 40 | €1,724 | €89,636 | +€87,913 | +5,099% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €164,135 | €95,902 | -€68,232 | -41.6% |
| Deferred charges and accrued income | 490/1 | €7,402 | €7,458 | +€57 | +0.8% |
| Total equity and liabilities | 10/49 | €5,146,535 | €6,989,677 | +€1.8m | +35.8% |
| Equity | 10/15 | €926,219 | €1,000,066 | +€73,847 | +8.0% |
| Contributions | 10/11 | €2,700,000 | €2,730,000 | +€30,000 | +1.1% |
| Revaluation surpluses | 12 | €242,043 | €242,043 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,015,824 | -€1,971,977 | +€43,847 | +2.2% |
| Amounts payable | 17/49 | €4,220,315 | €5,989,611 | +€1.8m | +41.9% |
| Amounts payable within one year | 42/48 | €4,220,315 | €5,989,611 | +€1.8m | +41.9% |
| Trade debts | 44 | €124,841 | €148,597 | +€23,755 | +19.0% |
| Suppliers | 440/4 | €124,841 | €148,597 | +€23,755 | +19.0% |
| Taxes, remuneration and social security | 45 | €10,096 | €29,923 | +€19,826 | +196% |
| Taxes | 450/3 | €6,805 | €21,919 | +€15,114 | +222% |
| Remuneration and social security | 454/9 | €3,291 | €8,004 | +€4,713 | +143% |
| Other amounts payable | 47/48 | €4,085,378 | €5,811,092 | +€1.7m | +42.2% |
| Remuneration, social security and pensions | 62 | €27,401 | €23,899 | -€3,502 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,207 | €190,445 | +€9,238 | +5.1% |
| Other operating charges | 640/8 | €26,083 | €28,993 | +€2,910 | +11.2% |
| Gross operating margin | 9900 | €330,793 | €308,500 | -€22,293 | -6.7% |
| Operating profit (loss) | 9901 | €96,102 | €65,162 | -€30,940 | -32.2% |
| Financial income | 75/76B | €611 | €5,164 | +€4,553 | +745% |
| Recurring financial income | 75 | €611 | €5,164 | +€4,553 | +745% |
| Financial charges | 65/66B | €361 | €515 | +€154 | +42.7% |
| Recurring financial charges | 65 | €361 | €515 | +€154 | +42.7% |
| Profit (loss) for the period before taxes | 9903 | €96,352 | €69,811 | -€26,542 | -27.5% |
| Income taxes | 67/77 | - | €1,037 | +€1,037 | |
| Profit (loss) for the period | 9904 | €96,352 | €68,773 | -€27,579 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €96,352 | €68,773 | -€27,579 | -28.6% |
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 29 October 2026 via checked.be.