LG-P+: 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-P+
Largest movements
- Cash +€88,111
up €88,111 (+24.5%), from €359,956 to €448,067
mainly Net result for the year (+€128,229) and Depreciation (+€12,922)
- Tangible fixed assets -€12,922
down €12,922 (-43.8%), from €29,530 to €16,608
of which Furniture and vehicles: -€11,963
- Receivables within one year +€9,191
up €9,191 (+41.9%), from €21,920 to €31,111
of which Other amounts receivable: +€9,852
- Reserves +€128,229
up €128,229 (+37.6%), from €341,161 to €469,390
- Tax, wage and social debts -€45,198
down €45,198 (-66.5%), from €67,918 to €22,720
- Gross operating margin -€12,238
down €12,238 (-6.0%), from €203,878 to €191,641
- Taxes -€3,036
down €3,036 (-5.3%), from €57,547 to €54,511
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 | €412,318 | €497,293 | +€84,975 | +20.6% |
| Fixed assets | 21/28 | €29,530 | €16,608 | -€12,922 | -43.8% |
| Tangible fixed assets | 22/27 | €29,530 | €16,608 | -€12,922 | -43.8% |
| Plant, machinery and equipment | 23 | €3,571 | €2,612 | -€959 | -26.9% |
| Furniture and vehicles | 24 | €25,959 | €13,995 | -€11,963 | -46.1% |
| Current assets | 29/58 | €382,788 | €480,685 | +€97,897 | +25.6% |
| Amounts receivable within one year | 40/41 | €21,920 | €31,111 | +€9,191 | +41.9% |
| Trade receivables | 40 | €21,920 | €21,258 | -€662 | -3.0% |
| Other amounts receivable | 41 | - | €9,852 | +€9,852 | |
| Cash at bank and in hand | 54/58 | €359,956 | €448,067 | +€88,111 | +24.5% |
| Deferred charges and accrued income | 490/1 | €912 | €1,508 | +€596 | +65.3% |
| Total equity and liabilities | 10/49 | €412,318 | €497,293 | +€84,975 | +20.6% |
| Equity | 10/15 | €344,161 | €472,390 | +€128,229 | +37.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €341,161 | €469,390 | +€128,229 | +37.6% |
| Distributable reserves | 133 | €341,161 | €469,390 | +€128,229 | +37.6% |
| Amounts payable | 17/49 | €68,157 | €24,903 | -€43,254 | -63.5% |
| Amounts payable within one year | 42/48 | €68,157 | €24,903 | -€43,254 | -63.5% |
| Trade debts | 44 | - | €2,148 | +€2,148 | |
| Suppliers | 440/4 | - | €2,148 | +€2,148 | |
| Taxes, remuneration and social security | 45 | €67,918 | €22,720 | -€45,198 | -66.5% |
| Taxes | 450/3 | €67,918 | €22,720 | -€45,198 | -66.5% |
| Other amounts payable | 47/48 | €239 | €34 | -€205 | -85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,922 | €12,922 | = | 0.0% |
| Other operating charges | 640/8 | €654 | €1,051 | +€396 | +60.5% |
| Gross operating margin | 9900 | €203,878 | €191,641 | -€12,238 | -6.0% |
| Operating profit (loss) | 9901 | €190,301 | €177,668 | -€12,634 | -6.6% |
| Financial income | 75/76B | €3,579 | €5,136 | +€1,557 | +43.5% |
| Recurring financial income | 75 | €3,579 | €5,136 | +€1,557 | +43.5% |
| Financial charges | 65/66B | €45 | €63 | +€18 | +40.9% |
| Recurring financial charges | 65 | €45 | €63 | +€18 | +40.9% |
| Profit (loss) for the period before taxes | 9903 | €193,836 | €182,740 | -€11,095 | -5.7% |
| Income taxes | 67/77 | €57,547 | €54,511 | -€3,036 | -5.3% |
| Profit (loss) for the period | 9904 | €136,289 | €128,229 | -€8,060 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €136,289 | €128,229 | -€8,060 | -5.9% |
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 22 October 2026 via checked.be.