LG MGMT: 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 MGMT
Largest movements
- Current investments +€42,039
new in 2025: €42,039
- Receivables within one year +€36,708
up €36,708 (+79.7%), from €46,030 to €82,738
of which Trade receivables: +€25,479
- Tangible fixed assets +€23,319
new in 2025: €23,319
- Cash +€6,512
up €6,512 (+13.6%), from €47,972 to €54,484
mainly Net result for the year (+€101,510) and Tax, wage and social debts (+€31,309)
- Profit (loss) carried forward +€57,010
up €57,010 (+255%), from €22,339 to €79,349
- Tax, wage and social debts +€31,309
up €31,309 (+449%), from €6,975 to €38,283
of which Taxes: +€30,276
- Other debts +€20,622
up €20,622 (+35.4%), from €58,188 to €78,810
- Gross operating margin +€26,672
up €26,672 (+26.0%), from €102,624 to €129,296
- Taxes +€23,320
up €23,320 (+334%), from €6,975 to €30,295
- Financial income +€6,223
up €6,223 (+6,223%), from €100 to €6,323
- Depreciation +€2,525
new in 2025: €2,525
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 | €94,002 | €202,581 | +€108,578 | +116% |
| Fixed assets | 21/28 | - | €23,319 | +€23,319 | |
| Tangible fixed assets | 22/27 | - | €23,319 | +€23,319 | |
| Furniture and vehicles | 24 | - | €23,319 | +€23,319 | |
| Current assets | 29/58 | €94,002 | €179,262 | +€85,259 | +90.7% |
| Amounts receivable within one year | 40/41 | €46,030 | €82,738 | +€36,708 | +79.7% |
| Trade receivables | 40 | €26,003 | €51,482 | +€25,479 | +98.0% |
| Other amounts receivable | 41 | €20,027 | €31,256 | +€11,229 | +56.1% |
| Current investments | 50/53 | - | €42,039 | +€42,039 | |
| Cash at bank and in hand | 54/58 | €47,972 | €54,484 | +€6,512 | +13.6% |
| Total equity and liabilities | 10/49 | €94,002 | €202,581 | +€108,578 | +116% |
| Equity | 10/15 | €27,339 | €84,349 | +€57,010 | +209% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,339 | €79,349 | +€57,010 | +255% |
| Amounts payable | 17/49 | €66,663 | €118,231 | +€51,568 | +77.4% |
| Amounts payable within one year | 42/48 | €66,663 | €118,231 | +€51,568 | +77.4% |
| Trade debts | 44 | €1,500 | €1,138 | -€362 | -24.2% |
| Suppliers | 440/4 | €1,500 | €1,138 | -€362 | -24.2% |
| Taxes, remuneration and social security | 45 | €6,975 | €38,283 | +€31,309 | +449% |
| Taxes | 450/3 | €6,975 | €37,251 | +€30,276 | +434% |
| Remuneration and social security | 454/9 | - | €1,032 | +€1,032 | |
| Other amounts payable | 47/48 | €58,188 | €78,810 | +€20,622 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,525 | +€2,525 | |
| Other operating charges | 640/8 | - | €578 | +€578 | |
| Gross operating margin | 9900 | €102,624 | €129,296 | +€26,672 | +26.0% |
| Operating profit (loss) | 9901 | €102,624 | €126,192 | +€23,568 | +23.0% |
| Financial income | 75/76B | €100 | €6,323 | +€6,223 | +6,223% |
| Recurring financial income | 75 | €100 | €6,323 | +€6,223 | +6,223% |
| Financial charges | 65/66B | €176 | €710 | +€534 | +303% |
| Recurring financial charges | 65 | €176 | €710 | +€534 | +303% |
| Profit (loss) for the period before taxes | 9903 | €102,548 | €131,805 | +€29,257 | +28.5% |
| Income taxes | 67/77 | €6,975 | €30,295 | +€23,320 | +334% |
| Profit (loss) for the period | 9904 | €95,573 | €101,510 | +€5,937 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €95,573 | €101,510 | +€5,937 | +6.2% |
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 23 October 2026 via checked.be.