LGC: what changed
Two fiscal 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 +€82,756
up €82,756 (+27.5%), from €301,341 to €384,097
mainly Net result for the year (+€98,117) and Receivables after one year (+€47,699)
- Receivables after one year -€47,699
down €47,699 (-23.5%), from €202,699 to €155,000
- Tangible fixed assets -€19,241
down €19,241 (-26.3%), from €73,183 to €53,942
of which Furniture and vehicles: -€12,036
- Receivables within one year -€12,302
down €12,302 (-40.5%), from €30,371 to €18,069
of which Other amounts receivable: -€10,884
- Reserves +€8,779
up €8,779 (+1.5%), from €582,962 to €591,741
- Gross operating margin -€18,565
down €18,565 (-10.8%), from €171,743 to €153,178
- Taxes -€4,838
down €4,838 (-10.7%), from €45,088 to €40,249
- Depreciation +€3,807
up €3,807 (+24.7%), from €15,435 to €19,241
- Financial income +€2,643
up €2,643 (+88.0%), from €3,003 to €5,646
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €608,640 | €616,084 | +€7,444 | +1.2% |
| Fixed assets | 21/28 | €73,183 | €53,942 | -€19,241 | -26.3% |
| Tangible fixed assets | 22/27 | €73,183 | €53,942 | -€19,241 | -26.3% |
| Plant, machinery and equipment | 23 | €313 | - | -€313 | |
| Furniture and vehicles | 24 | €49,722 | €37,686 | -€12,036 | -24.2% |
| Other tangible fixed assets | 26 | €23,149 | €16,257 | -€6,893 | -29.8% |
| Current assets | 29/58 | €535,457 | €562,142 | +€26,685 | +5.0% |
| Amounts receivable after more than one year | 29 | €202,699 | €155,000 | -€47,699 | -23.5% |
| Other amounts receivable | 291 | €202,699 | €155,000 | -€47,699 | -23.5% |
| Amounts receivable within one year | 40/41 | €30,371 | €18,069 | -€12,302 | -40.5% |
| Trade receivables | 40 | €19,205 | €17,787 | -€1,418 | -7.4% |
| Other amounts receivable | 41 | €11,166 | €282 | -€10,884 | -97.5% |
| Cash at bank and in hand | 54/58 | €301,341 | €384,097 | +€82,756 | +27.5% |
| Deferred charges and accrued income | 490/1 | €1,046 | €4,976 | +€3,930 | +375.6% |
| Total equity and liabilities | 10/49 | €608,640 | €616,084 | +€7,444 | +1.2% |
| Equity | 10/15 | €589,605 | €598,384 | +€8,779 | +1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €582,962 | €591,741 | +€8,779 | +1.5% |
| Distributable reserves | 133 | €582,962 | €591,741 | +€8,779 | +1.5% |
| Profit (loss) carried forward | 14 | €443 | €443 | = | 0.0% |
| Amounts payable | 17/49 | €19,036 | €17,700 | -€1,336 | -7.0% |
| Amounts payable within one year | 42/48 | €19,036 | €17,700 | -€1,336 | -7.0% |
| Trade debts | 44 | €2,649 | €3,308 | +€660 | +24.9% |
| Suppliers | 440/4 | €2,649 | €3,308 | +€660 | +24.9% |
| Taxes, remuneration and social security | 45 | €16,387 | €14,379 | -€2,008 | -12.3% |
| Taxes | 450/3 | €16,387 | €14,379 | -€2,008 | -12.3% |
| Other amounts payable | 47/48 | - | €13 | +€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,435 | €19,241 | +€3,807 | +24.7% |
| Other operating charges | 640/8 | €917 | €1,082 | +€165 | +18.0% |
| Gross operating margin | 9900 | €171,743 | €153,178 | -€18,565 | -10.8% |
| Operating profit (loss) | 9901 | €155,392 | €132,855 | -€22,536 | -14.5% |
| Financial income | 75/76B | €3,003 | €5,646 | +€2,643 | +88.0% |
| Recurring financial income | 75 | €3,003 | €5,646 | +€2,643 | +88.0% |
| Financial charges | 65/66B | €127 | €135 | +€8 | +6.1% |
| Recurring financial charges | 65 | €127 | €135 | +€8 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €158,267 | €138,366 | -€19,901 | -12.6% |
| Income taxes | 67/77 | €45,088 | €40,249 | -€4,838 | -10.7% |
| Profit (loss) for the period | 9904 | €113,179 | €98,117 | -€15,062 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €113,179 | €98,117 | -€15,062 | -13.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.