LG CODING: 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 CODING
Largest movements
- Receivables within one year +€16,883
up €16,883 (+120.8%), from €13,975 to €30,858
of which Trade receivables: +€14,530
- Cash -€11,824
down €11,824 (-10.4%), from €113,360 to €101,536
mainly Contributions, distributions and other (-€42,000) and Receivables within one year (-€16,883)
- Tangible fixed assets -€2,793
down €2,793 (-70.3%), from €3,974 to €1,181
of which Furniture and vehicles: -€2,603
- Other debts +€28,966
up €28,966 (+33.7%), from €85,948 to €114,914
- Profit (loss) carried forward -€18,638
down €18,638 (-89.2%), from €20,898 to €2,260
- Tax, wage and social debts -€8,796
down €8,796 (-44.0%), from €19,986 to €11,190
of which Taxes: -€6,920
- Gross operating margin -€58,760
down €58,760 (-63.1%), from €93,081 to €34,321
- Taxes -€12,167
down €12,167 (-61.5%), from €19,798 to €7,631
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 | €132,390 | €134,912 | +€2,522 | +1.9% |
| Fixed assets | 21/28 | €3,974 | €1,181 | -€2,793 | -70.3% |
| Tangible fixed assets | 22/27 | €3,974 | €1,181 | -€2,793 | -70.3% |
| Furniture and vehicles | 24 | €3,784 | €1,181 | -€2,603 | -68.8% |
| Other tangible fixed assets | 26 | €190 | - | -€190 | |
| Current assets | 29/58 | €128,416 | €133,731 | +€5,315 | +4.1% |
| Amounts receivable within one year | 40/41 | €13,975 | €30,858 | +€16,883 | +120.8% |
| Trade receivables | 40 | €13,975 | €28,505 | +€14,530 | +104.0% |
| Other amounts receivable | 41 | - | €2,353 | +€2,353 | |
| Cash at bank and in hand | 54/58 | €113,360 | €101,536 | -€11,824 | -10.4% |
| Deferred charges and accrued income | 490/1 | €1,081 | €1,337 | +€256 | +23.7% |
| Total equity and liabilities | 10/49 | €132,390 | €134,912 | +€2,522 | +1.9% |
| Equity | 10/15 | €24,398 | €5,760 | -€18,638 | -76.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,898 | €2,260 | -€18,638 | -89.2% |
| Amounts payable | 17/49 | €107,992 | €129,152 | +€21,160 | +19.6% |
| Amounts payable within one year | 42/48 | €107,926 | €129,085 | +€21,159 | +19.6% |
| Trade debts | 44 | €1,992 | €2,981 | +€989 | +49.6% |
| Suppliers | 440/4 | €1,992 | €2,981 | +€989 | +49.6% |
| Taxes, remuneration and social security | 45 | €19,986 | €11,190 | -€8,796 | -44.0% |
| Taxes | 450/3 | €18,110 | €11,190 | -€6,920 | -38.2% |
| Remuneration and social security | 454/9 | €1,876 | - | -€1,876 | |
| Other amounts payable | 47/48 | €85,948 | €114,914 | +€28,966 | +33.7% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,089 | €2,793 | -€296 | -9.6% |
| Other operating charges | 640/8 | €554 | €761 | +€207 | +37.4% |
| Gross operating margin | 9900 | €93,081 | €34,321 | -€58,760 | -63.1% |
| Operating profit (loss) | 9901 | €89,438 | €30,767 | -€58,671 | -65.6% |
| Financial income | 75/76B | - | €280 | +€280 | |
| Recurring financial income | 75 | - | €280 | +€280 | |
| Financial charges | 65/66B | €102 | €54 | -€48 | -47.1% |
| Recurring financial charges | 65 | €102 | €54 | -€48 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €89,336 | €30,993 | -€58,343 | -65.3% |
| Income taxes | 67/77 | €19,798 | €7,631 | -€12,167 | -61.5% |
| Profit (loss) for the period | 9904 | €69,538 | €23,362 | -€46,176 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,538 | €23,362 | -€46,176 | -66.4% |
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 10 October 2026 via checked.be.