LG Precision: what changed
Two fiscal 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.
What changed
LG Precision
NACE 25.530, Machining of metals
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€167,521
2024 · €540,145-€372,625
Equity
€2.5m
2024 · €2.3m+€143,188
Cash
€683,038
2024 · €349,474+€333,564
Balance sheet total
€3.6m
2024 · €3.4m+€151,807
Largest movements
Assets
- Cash +€333,564
up €333,564 (+95.4%), from €349,474 to €683,038
mainly Depreciation (+€330,284) and Trade debts (+€249,110)
- Tangible fixed assets -€267,997
down €267,997 (-19.6%), from €1.4m to €1.1m
of which Leasing and similar rights: -€241,182
- Deferred charges and accrued income +€60,454
up €60,454 (+131.1%), from €46,106 to €106,559
Equity and liabilities
- Trade debts +€249,110
up €249,110 (+146.5%), from €170,057 to €419,167
- Debts after one year -€209,221
down €209,221 (-41.4%), from €505,448 to €296,227
- Reserves +€166,000
up €166,000 (+18.0%), from €920,297 to €1.1m
of which Distributable reserves: +€166,000
- Provisions +€49,527
up €49,527 (+1110.1%), from €4,462 to €53,989
of which Provisions for liabilities and charges: +€49,771
- Current portion of long-term debt -€43,494
down €43,494 (-17.2%), from €252,715 to €209,221
Income statement
- Gross operating margin -€446,641
down €446,641 (-27.7%), from €1.6m to €1.2m
- Taxes -€136,198
down €136,198 (-67.3%), from €202,236 to €66,038
- Provisions +€49,771
new in 2025: €49,771
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.
Result 2024
€540,145
Gross operating margin
-€446,641
Staff costs
-€4,721
Depreciation
-€3,835
Provisions
-€49,771
Other operating charges
+€149
Other operating items
-€251
Financial income
-€9,292
Financial charges
+€5,538
Taxes
+€136,198
Result 2025
€167,521
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.
From operations
+€672,898
Investment
-€62,287
Financing
-€277,048
Cash 2024
€349,474
From operations (derived)
+€672,898
Net result for the year
+€167,521
Depreciation
+€330,284
Stocks and contracts
+€9,856
Receivables within one year
-€35,643
Deferred charges and accrued income
-€60,454
Provisions
+€49,527
Trade debts
+€249,110
Tax, wage and social debts
-€37,599
Smaller working-capital items
+€296
Investment (derived)
-€62,287
Investment in fixed assets (net)
-€62,287
Financing
-€277,048
Debts after one year
-€209,221
Current portion of long-term debt
-€43,494
Contributions, distributions and other
-€24,333
Cash 2025
€683,038
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,419,425 | €3,571,232 | +€151,807 | +4.4% |
| Fixed assets | 21/28 | €1,368,988 | €1,100,991 | -€267,997 | -19.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,368,938 | €1,100,941 | -€267,997 | -19.6% |
| Land and buildings | 22 | €504,291 | €526,126 | +€21,835 | +4.3% |
| Plant, machinery and equipment | 23 | €163,310 | €136,944 | -€26,366 | -16.1% |
| Furniture and vehicles | 24 | €93,715 | €71,431 | -€22,283 | -23.8% |
| Leasing and similar rights | 25 | €607,622 | €366,440 | -€241,182 | -39.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €2,050,437 | €2,470,241 | +€419,804 | +20.5% |
| Stocks and contracts in progress | 3 | €82,254 | €72,398 | -€9,856 | -12.0% |
| Stocks | 30/36 | €82,254 | €72,398 | -€9,856 | -12.0% |
| Amounts receivable within one year | 40/41 | €572,602 | €608,245 | +€35,643 | +6.2% |
| Trade receivables | 40 | €513,310 | €572,089 | +€58,779 | +11.5% |
| Other amounts receivable | 41 | €59,292 | €36,156 | -€23,136 | -39.0% |
| Current investments | 50/53 | €1,000,000 | €1,000,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €349,474 | €683,038 | +€333,564 | +95.4% |
| Deferred charges and accrued income | 490/1 | €46,106 | €106,559 | +€60,454 | +131.1% |
| Total equity and liabilities | 10/49 | €3,419,425 | €3,571,232 | +€151,807 | +4.4% |
| Equity | 10/15 | €2,347,937 | €2,491,125 | +€143,188 | +6.1% |
| Contributions | 10/11 | €747,472 | €747,472 | = | 0.0% |
| Capital | 10 | €747,472 | €747,472 | = | 0.0% |
| Issued capital | 100 | €747,472 | €747,472 | = | 0.0% |
| Reserves | 13 | €920,297 | €1,086,297 | +€166,000 | +18.0% |
| Non-distributable reserves | 130/1 | €74,747 | €74,747 | = | 0.0% |
| Legal reserve | 130 | €74,747 | €74,747 | = | 0.0% |
| Tax-exempt reserves | 132 | €231,550 | €231,550 | = | 0.0% |
| Distributable reserves | 133 | €614,000 | €780,000 | +€166,000 | +27.0% |
| Profit (loss) carried forward | 14 | €626,199 | €627,720 | +€1,521 | +0.2% |
| Investment grants | 15 | €53,968 | €29,636 | -€24,333 | -45.1% |
| Provisions and deferred taxes | 16 | €4,462 | €53,989 | +€49,527 | +1110.1% |
| Provisions for liabilities and charges | 160/5 | - | €49,771 | +€49,771 | |
| Other liabilities and charges | 164/5 | - | €49,771 | +€49,771 | |
| Deferred taxes | 168 | €4,462 | €4,218 | -€244 | -5.5% |
| Amounts payable | 17/49 | €1,067,026 | €1,026,119 | -€40,908 | -3.8% |
| Amounts payable after more than one year | 17 | €505,448 | €296,227 | -€209,221 | -41.4% |
| Financial debts | 170/4 | €505,448 | €296,227 | -€209,221 | -41.4% |
| Amounts payable within one year | 42/48 | €552,832 | €720,658 | +€167,825 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | €252,715 | €209,221 | -€43,494 | -17.2% |
| Trade debts | 44 | €170,057 | €419,167 | +€249,110 | +146.5% |
| Suppliers | 440/4 | €170,057 | €419,167 | +€249,110 | +146.5% |
| Taxes, remuneration and social security | 45 | €103,016 | €65,416 | -€37,599 | -36.5% |
| Taxes | 450/3 | €54,478 | €9,288 | -€45,190 | -83.0% |
| Remuneration and social security | 454/9 | €48,538 | €56,129 | +€7,590 | +15.6% |
| Other amounts payable | 47/48 | €27,045 | €26,853 | -€192 | -0.7% |
| Accrued charges and deferred income | 492/3 | €8,746 | €9,234 | +€488 | +5.6% |
| Non-recurring operating income | 76A | - | €3,397 | +€3,397 | |
| Remuneration, social security and pensions | 62 | €546,781 | €551,501 | +€4,721 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €326,449 | €330,284 | +€3,835 | +1.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €49,771 | +€49,771 | |
| Other operating charges | 640/8 | €11,953 | €11,805 | -€149 | -1.2% |
| Non-recurring operating charges | 66A | - | €251 | +€251 | |
| Gross operating margin | 9900 | €1,610,949 | €1,164,308 | -€446,641 | -27.7% |
| Operating profit (loss) | 9901 | €725,767 | €220,697 | -€505,070 | -69.6% |
| Financial income | 75/76B | €50,103 | €40,812 | -€9,292 | -18.5% |
| Recurring financial income | 75 | €50,103 | €40,812 | -€9,292 | -18.5% |
| Financial charges | 65/66B | €33,732 | €28,194 | -€5,538 | -16.4% |
| Recurring financial charges | 65 | €33,732 | €28,194 | -€5,538 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €742,137 | €233,315 | -€508,823 | -68.6% |
| Transfer from deferred taxes | 780 | €244 | €244 | = | 0.0% |
| Income taxes | 67/77 | €202,236 | €66,038 | -€136,198 | -67.3% |
| Profit (loss) for the period | 9904 | €540,145 | €167,521 | -€372,625 | -69.0% |
| Transfer to tax-exempt reserves | 689 | €231,550 | - | -€231,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €308,595 | €167,521 | -€141,075 | -45.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.