LG-Project: 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-Project
Largest movements
- Cash -€14,010
down €14,010 (-77.4%), from €18,105 to €4,094
mainly Receivables within one year (-€11,993) and Net result for the year (-€1,518)
- Receivables within one year +€11,993
up €11,993 (+32.9%), from €36,425 to €48,418
of which Other amounts receivable: +€7,940
- Deferred charges and accrued income -€853
down €853 (-68.8%), from €1,239 to €386
- Profit (loss) carried forward -€1,518
down €1,518 (-347%), from -€438 to -€1,956
- Tax, wage and social debts -€1,333
down €1,333 (-21.1%), from €6,329 to €4,995
- Gross operating margin -€2,365
down €2,365, from €1,282 to -€1,083
- Financial income +€723
up €723 (+159%), from €455 to €1,178
- Financial charges -€575
down €575 (-34.6%), from €1,661 to €1,086
- Other operating charges +€14
up €14 (+2.8%), from €513 to €528
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 | €69,201 | €66,271 | -€2,930 | -4.2% |
| Current assets | 29/58 | €69,201 | €66,271 | -€2,930 | -4.2% |
| Stocks and contracts in progress | 3 | €13,432 | €13,372 | -€60 | -0.4% |
| Contracts in progress | 37 | €13,432 | €13,372 | -€60 | -0.4% |
| Amounts receivable within one year | 40/41 | €36,425 | €48,418 | +€11,993 | +32.9% |
| Trade receivables | 40 | €23,748 | €27,801 | +€4,053 | +17.1% |
| Other amounts receivable | 41 | €12,677 | €20,617 | +€7,940 | +62.6% |
| Cash at bank and in hand | 54/58 | €18,105 | €4,094 | -€14,010 | -77.4% |
| Deferred charges and accrued income | 490/1 | €1,239 | €386 | -€853 | -68.8% |
| Total equity and liabilities | 10/49 | €69,201 | €66,271 | -€2,930 | -4.2% |
| Equity | 10/15 | €58,950 | €57,432 | -€1,518 | -2.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €40,838 | €40,838 | = | 0.0% |
| Distributable reserves | 133 | €40,838 | €40,838 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€438 | -€1,956 | -€1,518 | -347% |
| Amounts payable | 17/49 | €10,250 | €8,839 | -€1,412 | -13.8% |
| Amounts payable within one year | 42/48 | €10,250 | €8,839 | -€1,412 | -13.8% |
| Trade debts | 44 | €3,333 | €3,843 | +€510 | +15.3% |
| Suppliers | 440/4 | €3,333 | €3,843 | +€510 | +15.3% |
| Taxes, remuneration and social security | 45 | €6,329 | €4,995 | -€1,333 | -21.1% |
| Taxes | 450/3 | €6,329 | €4,995 | -€1,333 | -21.1% |
| Other amounts payable | 47/48 | €588 | - | -€588 | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €1,282 | -€1,083 | -€2,365 | |
| Operating profit (loss) | 9901 | €769 | -€1,610 | -€2,379 | |
| Financial income | 75/76B | €455 | €1,178 | +€723 | +159% |
| Recurring financial income | 75 | €455 | €1,178 | +€723 | +159% |
| Financial charges | 65/66B | €1,661 | €1,086 | -€575 | -34.6% |
| Recurring financial charges | 65 | €1,661 | €1,086 | -€575 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | -€438 | -€1,518 | -€1,081 | -247% |
| Profit (loss) for the period | 9904 | -€438 | -€1,518 | -€1,081 | -247% |
| Profit (loss) for the period to be appropriated | 9905 | -€438 | -€1,518 | -€1,081 | -247% |
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 28 October 2026 via checked.be.