LGdent: 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.
LGdent
Largest movements
- Receivables after one year -€60,000
down €60,000 (-100%), from €60,000 to €0
- Tangible fixed assets +€23,922
up €23,922 (+663%), from €3,609 to €27,531
of which Other tangible fixed assets: +€14,802
- Cash -€18,937
down €18,937 (-63.2%), from €29,946 to €11,009
mainly Contributions, distributions and other (-€82,353) and Investment in fixed assets (net) (-€29,509)
- Receivables within one year +€5,202
up €5,202 (+25.3%), from €20,561 to €25,763
of which Other amounts receivable: +€10,232
- Deferred charges and accrued income -€1,544
down €1,544 (-79.9%), from €1,932 to €388
- Reserves -€93,129
down €93,129 (-84.5%), from €110,207 to €17,078
- Other debts +€41,979
new in 2025: €41,979
- Tax, wage and social debts -€1,952
down €1,952 (-93.9%), from €2,078 to €126
- Trade debts +€1,745
up €1,745 (+1,070%), from €163 to €1,908
- Gross operating margin -€79,290
down €79,290, from €74,107 to -€5,183
- Taxes -€15,195
down €15,195 (-99.1%), from €15,327 to €132
- Depreciation +€3,402
up €3,402 (+156%), from €2,186 to €5,588
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 | €131,048 | €79,691 | -€51,357 | -39.2% |
| Fixed assets | 21/28 | €18,609 | €42,531 | +€23,922 | +129% |
| Tangible fixed assets | 22/27 | €3,609 | €27,531 | +€23,922 | +663% |
| Plant, machinery and equipment | 23 | €637 | €2,572 | +€1,935 | +304% |
| Furniture and vehicles | 24 | €2,972 | €10,157 | +€7,185 | +242% |
| Other tangible fixed assets | 26 | - | €14,802 | +€14,802 | |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €112,439 | €37,160 | -€75,279 | -67.0% |
| Amounts receivable after more than one year | 29 | €60,000 | €0 | -€60,000 | -100% |
| Other amounts receivable | 291 | €60,000 | €0 | -€60,000 | -100% |
| Amounts receivable within one year | 40/41 | €20,561 | €25,763 | +€5,202 | +25.3% |
| Trade receivables | 40 | €10,623 | €5,593 | -€5,030 | -47.4% |
| Other amounts receivable | 41 | €9,938 | €20,170 | +€10,232 | +103% |
| Cash at bank and in hand | 54/58 | €29,946 | €11,009 | -€18,937 | -63.2% |
| Deferred charges and accrued income | 490/1 | €1,932 | €388 | -€1,544 | -79.9% |
| Total equity and liabilities | 10/49 | €131,048 | €79,691 | -€51,357 | -39.2% |
| Equity | 10/15 | €128,807 | €35,678 | -€93,129 | -72.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,207 | €17,078 | -€93,129 | -84.5% |
| Distributable reserves | 133 | €110,207 | €17,078 | -€93,129 | -84.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,241 | €44,013 | +€41,772 | +1,864% |
| Amounts payable within one year | 42/48 | €2,241 | €44,013 | +€41,772 | +1,864% |
| Trade debts | 44 | €163 | €1,908 | +€1,745 | +1,070% |
| Suppliers | 440/4 | €163 | €1,908 | +€1,745 | +1,070% |
| Taxes, remuneration and social security | 45 | €2,078 | €126 | -€1,952 | -93.9% |
| Taxes | 450/3 | €2,078 | €126 | -€1,952 | -93.9% |
| Other amounts payable | 47/48 | - | €41,979 | +€41,979 | |
| Non-recurring operating income | 76A | €384 | €0 | -€384 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,186 | €5,588 | +€3,402 | +156% |
| Other operating charges | 640/8 | €803 | €1,008 | +€204 | +25.4% |
| Non-recurring operating charges | 66A | €20 | €0 | -€20 | -100% |
| Gross operating margin | 9900 | €74,107 | -€5,183 | -€79,290 | |
| Operating profit (loss) | 9901 | €71,098 | -€11,778 | -€82,876 | |
| Financial income | 75/76B | €967 | €1,243 | +€276 | +28.5% |
| Recurring financial income | 75 | €967 | €1,243 | +€276 | +28.5% |
| Financial charges | 65/66B | €288 | €109 | -€179 | -62.2% |
| Recurring financial charges | 65 | €288 | €109 | -€179 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €71,777 | -€10,644 | -€82,421 | |
| Income taxes | 67/77 | €15,327 | €132 | -€15,195 | -99.1% |
| Profit (loss) for the period | 9904 | €56,450 | -€10,776 | -€67,226 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,450 | -€10,776 | -€67,226 |
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.