LGC CONSTRUCT: 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 CONSTRUCT
Largest movements
- Receivables within one year +€221,944
up €221,944 (+107%), from €207,939 to €429,883
of which Other amounts receivable: +€184,295
- Cash -€16,496
down €16,496 (-12.4%), from €133,279 to €116,783
mainly Receivables within one year (-€221,944) and Other debts (-€10,096)
- Tangible fixed assets -€15,477
down €15,477 (-24.4%), from €63,371 to €47,894
of which Leasing and similar rights: -€14,980
- Reserves +€100,000
up €100,000 (+41.6%), from €240,150 to €340,150
of which Distributable reserves: +€100,000
- Trade debts +€71,306
up €71,306 (+70.9%), from €100,576 to €171,882
- Profit (loss) carried forward +€13,699
up €13,699 (+1,042%), from €1,314 to €15,014
- Accrued charges and deferred income +€13,000
up €13,000 (+260%), from €5,000 to €18,000
- Tax, wage and social debts +€12,500
up €12,500 (+104%), from €12,000 to €24,500
- Gross operating margin +€28,511
up €28,511 (+19.6%), from €145,800 to €174,312
- Taxes +€14,542
up €14,542 (+49.0%), from €29,655 to €44,197
- Financial charges -€4,413
down €4,413 (-78.5%), from €5,619 to €1,206
of which Non-recurring financial charges: -€4,523
- Financial income +€3,182
up €3,182 (+90.9%), from €3,501 to €6,683
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 | €413,552 | €603,740 | +€190,187 | +46.0% |
| Fixed assets | 21/28 | €63,371 | €47,894 | -€15,477 | -24.4% |
| Tangible fixed assets | 22/27 | €63,371 | €47,894 | -€15,477 | -24.4% |
| Plant, machinery and equipment | 23 | €7,997 | €6,663 | -€1,333 | -16.7% |
| Furniture and vehicles | 24 | €4,809 | €5,645 | +€836 | +17.4% |
| Leasing and similar rights | 25 | €50,565 | €35,585 | -€14,980 | -29.6% |
| Current assets | 29/58 | €350,181 | €555,846 | +€205,665 | +58.7% |
| Stocks and contracts in progress | 3 | €4,820 | €4,470 | -€350 | -7.3% |
| Stocks | 30/36 | €4,820 | €4,470 | -€350 | -7.3% |
| Amounts receivable within one year | 40/41 | €207,939 | €429,883 | +€221,944 | +107% |
| Trade receivables | 40 | €122,845 | €160,494 | +€37,648 | +30.6% |
| Other amounts receivable | 41 | €85,094 | €269,389 | +€184,295 | +217% |
| Cash at bank and in hand | 54/58 | €133,279 | €116,783 | -€16,496 | -12.4% |
| Deferred charges and accrued income | 490/1 | €4,143 | €4,710 | +€567 | +13.7% |
| Total equity and liabilities | 10/49 | €413,552 | €603,740 | +€190,187 | +46.0% |
| Equity | 10/15 | €253,864 | €367,564 | +€113,699 | +44.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €240,150 | €340,150 | +€100,000 | +41.6% |
| Non-distributable reserves | 130/1 | €650 | €650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €650 | €650 | = | 0.0% |
| Distributable reserves | 133 | €239,500 | €339,500 | +€100,000 | +41.8% |
| Profit (loss) carried forward | 14 | €1,314 | €15,014 | +€13,699 | +1,042% |
| Amounts payable | 17/49 | €159,688 | €236,176 | +€76,488 | +47.9% |
| Amounts payable after more than one year | 17 | €9,804 | - | -€9,804 | |
| Financial debts | 170/4 | €9,804 | - | -€9,804 | |
| Amounts payable within one year | 42/48 | €144,884 | €218,176 | +€73,292 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €17,129 | €16,711 | -€418 | -2.4% |
| Financial debts | 43 | €5,083 | €5,083 | = | 0.0% |
| Credit institutions | 430/8 | €5,083 | €5,083 | = | 0.0% |
| Trade debts | 44 | €100,576 | €171,882 | +€71,306 | +70.9% |
| Suppliers | 440/4 | €100,576 | €171,882 | +€71,306 | +70.9% |
| Taxes, remuneration and social security | 45 | €12,000 | €24,500 | +€12,500 | +104% |
| Taxes | 450/3 | €12,000 | €24,500 | +€12,500 | +104% |
| Other amounts payable | 47/48 | €10,096 | - | -€10,096 | |
| Accrued charges and deferred income | 492/3 | €5,000 | €18,000 | +€13,000 | +260% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,714 | €20,545 | +€831 | +4.2% |
| Other operating charges | 640/8 | €594 | €1,347 | +€753 | +127% |
| Gross operating margin | 9900 | €145,800 | €174,312 | +€28,511 | +19.6% |
| Operating profit (loss) | 9901 | €125,492 | €152,420 | +€26,928 | +21.5% |
| Financial income | 75/76B | €3,501 | €6,683 | +€3,182 | +90.9% |
| Recurring financial income | 75 | €3,501 | €6,683 | +€3,182 | +90.9% |
| Financial charges | 65/66B | €5,619 | €1,206 | -€4,413 | -78.5% |
| Recurring financial charges | 65 | €1,096 | €1,206 | +€110 | +10.0% |
| Non-recurring financial charges | 66B | €4,523 | - | -€4,523 | |
| Profit (loss) for the period before taxes | 9903 | €123,374 | €157,897 | +€34,523 | +28.0% |
| Income taxes | 67/77 | €29,655 | €44,197 | +€14,542 | +49.0% |
| Profit (loss) for the period | 9904 | €93,719 | €113,699 | +€19,980 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,719 | €113,699 | +€19,980 | +21.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.