LG UNIVERSAL: 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 UNIVERSAL
Largest movements
- Tangible fixed assets +€64,101
up €64,101 (+1,449%), from €4,422 to €68,524
of which Furniture and vehicles: +€43,029
- Cash -€32,558
down €32,558 (-32.3%), from €100,841 to €68,283
mainly Investment in fixed assets (net) (-€75,049) and Tax, wage and social debts (-€19,861)
- Receivables within one year +€15,445
up €15,445 (+15.1%), from €102,173 to €117,618
of which Trade receivables: +€20,538
- Debts after one year +€51,232
new in 2025: €51,232
- Tax, wage and social debts -€19,861
down €19,861 (-62.0%), from €32,052 to €12,191
of which Taxes: -€17,636
- Current portion of long-term debt +€13,170
new in 2025: €13,170
- Profit (loss) carried forward +€3,147
up €3,147 (+2.3%), from €138,463 to €141,610
- Trade debts -€2,562
down €2,562 (-27.1%), from €9,456 to €6,895
- Staff costs -€12,949
down €12,949 (-67.7%), from €19,114 to €6,165
- Gross operating margin -€12,262
down €12,262 (-33.7%), from €36,375 to €24,113
- Depreciation +€9,189
up €9,189 (+523%), from €1,759 to €10,947
- Taxes -€2,235
down €2,235 (-54.7%), from €4,087 to €1,852
- Financial charges +€1,939
up €1,939 (+269%), from €720 to €2,659
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 | €208,576 | €255,169 | +€46,594 | +22.3% |
| Fixed assets | 21/28 | €4,422 | €68,524 | +€64,101 | +1,449% |
| Tangible fixed assets | 22/27 | €4,422 | €68,524 | +€64,101 | +1,449% |
| Plant, machinery and equipment | 23 | €2,126 | €1,269 | -€857 | -40.3% |
| Furniture and vehicles | 24 | €2,296 | €45,325 | +€43,029 | +1,874% |
| Leasing and similar rights | 25 | - | €21,929 | +€21,929 | |
| Current assets | 29/58 | €204,153 | €186,646 | -€17,508 | -8.6% |
| Stocks and contracts in progress | 3 | €1,139 | - | -€1,139 | |
| Stocks | 30/36 | €1,139 | - | -€1,139 | |
| Amounts receivable within one year | 40/41 | €102,173 | €117,618 | +€15,445 | +15.1% |
| Trade receivables | 40 | €93,604 | €114,141 | +€20,538 | +21.9% |
| Other amounts receivable | 41 | €8,570 | €3,477 | -€5,093 | -59.4% |
| Cash at bank and in hand | 54/58 | €100,841 | €68,283 | -€32,558 | -32.3% |
| Deferred charges and accrued income | 490/1 | - | €744 | +€744 | |
| Total equity and liabilities | 10/49 | €208,576 | €255,169 | +€46,594 | +22.3% |
| Equity | 10/15 | €160,863 | €164,010 | +€3,147 | +2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €138,463 | €141,610 | +€3,147 | +2.3% |
| Amounts payable | 17/49 | €47,713 | €91,160 | +€43,447 | +91.1% |
| Amounts payable after more than one year | 17 | - | €51,232 | +€51,232 | |
| Financial debts | 170/4 | - | €51,232 | +€51,232 | |
| Amounts payable within one year | 42/48 | €47,713 | €39,927 | -€7,785 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | - | €13,170 | +€13,170 | |
| Financial debts | 43 | €617 | - | -€617 | |
| Credit institutions | 430/8 | €617 | - | -€617 | |
| Trade debts | 44 | €9,456 | €6,895 | -€2,562 | -27.1% |
| Suppliers | 440/4 | €9,456 | €6,895 | -€2,562 | -27.1% |
| Taxes, remuneration and social security | 45 | €32,052 | €12,191 | -€19,861 | -62.0% |
| Taxes | 450/3 | €27,004 | €9,368 | -€17,636 | -65.3% |
| Remuneration and social security | 454/9 | €5,048 | €2,823 | -€2,224 | -44.1% |
| Other amounts payable | 47/48 | €5,587 | €7,671 | +€2,084 | +37.3% |
| Remuneration, social security and pensions | 62 | €19,114 | €6,165 | -€12,949 | -67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,759 | €10,947 | +€9,189 | +523% |
| Other operating charges | 640/8 | €2,251 | €628 | -€1,623 | -72.1% |
| Gross operating margin | 9900 | €36,375 | €24,113 | -€12,262 | -33.7% |
| Operating profit (loss) | 9901 | €13,251 | €6,372 | -€6,879 | -51.9% |
| Financial income | 75/76B | €0 | €1,285 | +€1,285 | +285,478% |
| Recurring financial income | 75 | €0 | €1,285 | +€1,285 | +285,478% |
| Financial charges | 65/66B | €720 | €2,659 | +€1,939 | +269% |
| Recurring financial charges | 65 | €720 | €2,659 | +€1,939 | +269% |
| Profit (loss) for the period before taxes | 9903 | €12,531 | €4,999 | -€7,533 | -60.1% |
| Income taxes | 67/77 | €4,087 | €1,852 | -€2,235 | -54.7% |
| Profit (loss) for the period | 9904 | €8,445 | €3,147 | -€5,298 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,445 | €3,147 | -€5,298 | -62.7% |
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 18 October 2026 via checked.be.