LGC+: 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.
LGC+
Largest movements
- Cash +€18,193
up €18,193 (+34.5%), from €52,709 to €70,902
mainly Net result for the year (+€6,349) and Other debts (+€4,521)
- Tangible fixed assets -€3,929
down €3,929 (-71.8%), from €5,475 to €1,546
of which Furniture and vehicles: -€3,254
- Receivables within one year -€2,043
down €2,043 (-17.5%), from €11,672 to €9,630
of which Trade receivables: -€2,517
- Deferred charges and accrued income -€1,495
down €1,495 (-44.0%), from €3,394 to €1,899
- Profit (loss) carried forward +€6,349
up €6,349 (+23.5%), from -€26,973 to -€20,624
- Other debts +€4,521
up €4,521 (+55.2%), from €8,194 to €12,714
- Trade debts -€1,551
down €1,551 (-87.9%), from €1,765 to €213
- Tax, wage and social debts +€1,339
up €1,339 (+25.0%), from €5,364 to €6,703
- Gross operating margin -€4,249
down €4,249 (-27.6%), from €15,375 to €11,126
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 | €73,251 | €83,977 | +€10,726 | +14.6% |
| Fixed assets | 21/28 | €5,475 | €1,546 | -€3,929 | -71.8% |
| Tangible fixed assets | 22/27 | €5,475 | €1,546 | -€3,929 | -71.8% |
| Land and buildings | 22 | €1,349 | €675 | -€675 | -50.0% |
| Furniture and vehicles | 24 | €4,125 | €871 | -€3,254 | -78.9% |
| Current assets | 29/58 | €67,776 | €82,431 | +€14,655 | +21.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €11,672 | €9,630 | -€2,043 | -17.5% |
| Trade receivables | 40 | €11,229 | €8,712 | -€2,517 | -22.4% |
| Other amounts receivable | 41 | €443 | €918 | +€475 | +107% |
| Cash at bank and in hand | 54/58 | €52,709 | €70,902 | +€18,193 | +34.5% |
| Deferred charges and accrued income | 490/1 | €3,394 | €1,899 | -€1,495 | -44.0% |
| Total equity and liabilities | 10/49 | €73,251 | €83,977 | +€10,726 | +14.6% |
| Equity | 10/15 | €57,257 | €63,606 | +€6,349 | +11.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €71,731 | €71,731 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €69,871 | €69,871 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,973 | -€20,624 | +€6,349 | +23.5% |
| Amounts payable | 17/49 | €15,993 | €20,370 | +€4,377 | +27.4% |
| Amounts payable within one year | 42/48 | €15,322 | €19,630 | +€4,308 | +28.1% |
| Trade debts | 44 | €1,765 | €213 | -€1,551 | -87.9% |
| Suppliers | 440/4 | €1,765 | €213 | -€1,551 | -87.9% |
| Taxes, remuneration and social security | 45 | €5,364 | €6,703 | +€1,339 | +25.0% |
| Taxes | 450/3 | €5,364 | €6,703 | +€1,339 | +25.0% |
| Other amounts payable | 47/48 | €8,194 | €12,714 | +€4,521 | +55.2% |
| Accrued charges and deferred income | 492/3 | €671 | €740 | +€69 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,959 | €3,929 | -€30 | -0.8% |
| Other operating charges | 640/8 | €248 | €162 | -€86 | -34.7% |
| Gross operating margin | 9900 | €15,375 | €11,126 | -€4,249 | -27.6% |
| Operating profit (loss) | 9901 | €11,169 | €7,035 | -€4,133 | -37.0% |
| Financial income | 75/76B | €237 | €357 | +€120 | +50.5% |
| Recurring financial income | 75 | €237 | €357 | +€120 | +50.5% |
| Financial charges | 65/66B | €822 | €911 | +€89 | +10.9% |
| Recurring financial charges | 65 | €822 | €911 | +€89 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €10,584 | €6,481 | -€4,103 | -38.8% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | €10,456 | €6,349 | -€4,107 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,456 | €6,349 | -€4,107 | -39.3% |
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 20 October 2026 via checked.be.