LG Studio: 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 Studio
Largest movements
- Receivables within one year +€512,967
up €512,967 (+684%), from €75,025 to €587,992
of which Trade receivables: +€385,387
- Intangible fixed assets +€185,059
up €185,059 (+30.9%), from €598,604 to €783,663
- Stocks and contracts -€126,538
down €126,538 (-88.7%), from €142,607 to €16,069
- Deferred charges and accrued income +€54,500
new in 2025: €54,500
- Other debts +€450,000
up €450,000 (+60.0%), from €750,000 to €1.2m
- Trade debts +€217,425
up €217,425 (+130%), from €167,732 to €385,157
- Profit (loss) carried forward -€168,089
down €168,089 (-103%), from -€163,240 to -€331,329
- Accrued charges and deferred income +€143,600
up €143,600 (+145%), from €99,150 to €242,750
- Gross operating margin +€67,589
up €67,589 (+4,277%), from €1,580 to €69,169
- Staff costs +€66,423
up €66,423 (+108%), from €61,377 to €127,800
- Financial charges +€28,369
up €28,369 (+678,696%), from €4 to €28,374
- Financial income +€28,038
new in 2025: €28,038
- Depreciation +€5,282
up €5,282 (+5.1%), from €103,440 to €108,722
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 | €875,494 | €1,515,013 | +€639,519 | +73.0% |
| Fixed assets | 21/28 | €598,604 | €783,663 | +€185,059 | +30.9% |
| Intangible fixed assets | 21 | €598,604 | €783,663 | +€185,059 | +30.9% |
| Current assets | 29/58 | €276,890 | €731,350 | +€454,459 | +164% |
| Stocks and contracts in progress | 3 | €142,607 | €16,069 | -€126,538 | -88.7% |
| Contracts in progress | 37 | €142,607 | €16,069 | -€126,538 | -88.7% |
| Amounts receivable within one year | 40/41 | €75,025 | €587,992 | +€512,967 | +684% |
| Trade receivables | 40 | €39,694 | €425,081 | +€385,387 | +971% |
| Other amounts receivable | 41 | €35,330 | €162,911 | +€127,581 | +361% |
| Cash at bank and in hand | 54/58 | €59,259 | €72,789 | +€13,530 | +22.8% |
| Deferred charges and accrued income | 490/1 | - | €54,500 | +€54,500 | |
| Total equity and liabilities | 10/49 | €875,494 | €1,515,013 | +€639,519 | +73.0% |
| Equity | 10/15 | -€153,240 | -€321,329 | -€168,089 | -110% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,240 | -€331,329 | -€168,089 | -103% |
| Amounts payable | 17/49 | €1,028,734 | €1,836,342 | +€807,607 | +78.5% |
| Amounts payable within one year | 42/48 | €929,584 | €1,593,592 | +€664,007 | +71.4% |
| Trade debts | 44 | €167,732 | €385,157 | +€217,425 | +130% |
| Suppliers | 440/4 | €167,732 | €385,157 | +€217,425 | +130% |
| Taxes, remuneration and social security | 45 | €11,853 | €8,435 | -€3,418 | -28.8% |
| Taxes | 450/3 | €2,617 | - | -€2,617 | |
| Remuneration and social security | 454/9 | €9,235 | €8,435 | -€800 | -8.7% |
| Other amounts payable | 47/48 | €750,000 | €1,200,000 | +€450,000 | +60.0% |
| Accrued charges and deferred income | 492/3 | €99,150 | €242,750 | +€143,600 | +145% |
| Remuneration, social security and pensions | 62 | €61,377 | €127,800 | +€66,423 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,440 | €108,722 | +€5,282 | +5.1% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €1,580 | €69,169 | +€67,589 | +4,277% |
| Operating profit (loss) | 9901 | -€163,236 | -€167,753 | -€4,517 | -2.8% |
| Financial income | 75/76B | - | €28,038 | +€28,038 | |
| Recurring financial income | 75 | - | €28,038 | +€28,038 | |
| Financial charges | 65/66B | €4 | €28,374 | +€28,369 | +678,696% |
| Recurring financial charges | 65 | €4 | €28,374 | +€28,369 | +678,696% |
| Profit (loss) for the period before taxes | 9903 | -€163,240 | -€168,089 | -€4,848 | -3.0% |
| Profit (loss) for the period | 9904 | -€163,240 | -€168,089 | -€4,848 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€163,240 | -€168,089 | -€4,848 | -3.0% |
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 15 October 2026 via checked.be.