LG Vastgoed: what changed
LG Vastgoed
Largest movements
- Current investments +€18,500
up €18,500 (+1,233%), from €1,500 to €20,000
- Tangible fixed assets -€12,596
down €12,596 (-29.3%), from €43,043 to €30,447
- Receivables within one year +€7,887
up €7,887 (+8,691%), from €91 to €7,978
- Cash +€3,147
up €3,147 (+118%), from €2,667 to €5,814
mainly Net result for the year (+€26,331) and Depreciation (+€13,084)
- Reserves +€17,378
new in 2025: €17,378
- Debts after one year -€10,694
down €10,694 (-41.6%), from €25,721 to €15,027
- Profit (loss) carried forward +€8,954
no longer reported in 2025 (was -€8,954)
- Tax, wage and social debts +€2,451
up €2,451 (+115%), from €2,135 to €4,586
- Other debts -€1,920
down €1,920 (-13.4%), from €14,288 to €12,368
- Gross operating margin +€40,396
up €40,396 (+404%), from €9,989 to €50,385
- Taxes +€7,527
up €7,527 (+3,186%), from €236 to €7,763
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,301 | €64,467 | +€17,165 | +36.3% |
| Fixed assets | 21/28 | €43,043 | €30,447 | -€12,596 | -29.3% |
| Tangible fixed assets | 22/27 | €43,043 | €30,447 | -€12,596 | -29.3% |
| Furniture and vehicles | 24 | €43,043 | €30,447 | -€12,596 | -29.3% |
| Current assets | 29/58 | €4,258 | €34,020 | +€29,762 | +699% |
| Amounts receivable within one year | 40/41 | €91 | €7,978 | +€7,887 | +8,691% |
| Trade receivables | 40 | €91 | €7,978 | +€7,887 | +8,691% |
| Current investments | 50/53 | €1,500 | €20,000 | +€18,500 | +1,233% |
| Cash at bank and in hand | 54/58 | €2,667 | €5,814 | +€3,147 | +118% |
| Deferred charges and accrued income | 490/1 | - | €227 | +€227 | |
| Total equity and liabilities | 10/49 | €47,301 | €64,467 | +€17,165 | +36.3% |
| Equity | 10/15 | -€5,954 | €20,378 | +€26,331 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €17,378 | +€17,378 | |
| Distributable reserves | 133 | - | €17,378 | +€17,378 | |
| Profit (loss) carried forward | 14 | -€8,954 | - | +€8,954 | |
| Amounts payable | 17/49 | €53,255 | €44,089 | -€9,166 | -17.2% |
| Amounts payable after more than one year | 17 | €25,721 | €15,027 | -€10,694 | -41.6% |
| Financial debts | 170/4 | €25,721 | €15,027 | -€10,694 | -41.6% |
| Amounts payable within one year | 42/48 | €27,534 | €29,062 | +€1,528 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €10,225 | €10,694 | +€469 | +4.6% |
| Trade debts | 44 | €886 | €1,414 | +€528 | +59.6% |
| Suppliers | 440/4 | €886 | €1,414 | +€528 | +59.6% |
| Taxes, remuneration and social security | 45 | €2,135 | €4,586 | +€2,451 | +115% |
| Taxes | 450/3 | €2,135 | €4,586 | +€2,451 | +115% |
| Other amounts payable | 47/48 | €14,288 | €12,368 | -€1,920 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,830 | €13,084 | +€254 | +2.0% |
| Other operating charges | 640/8 | €1,482 | €1,722 | +€239 | +16.1% |
| Gross operating margin | 9900 | €9,989 | €50,385 | +€40,396 | +404% |
| Operating profit (loss) | 9901 | -€4,323 | €35,580 | +€39,903 | |
| Financial charges | 65/66B | €1,960 | €1,485 | -€475 | -24.2% |
| Recurring financial charges | 65 | €1,960 | €1,485 | -€475 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,283 | €34,095 | +€40,378 | |
| Income taxes | 67/77 | €236 | €7,763 | +€7,527 | +3,186% |
| Profit (loss) for the period | 9904 | -€6,520 | €26,331 | +€32,851 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,520 | €26,331 | +€32,851 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.