LGE Construct: what changed
What changed
LGE Construct
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€12,251
2024 · €3,178+€9,073
Equity
€23,265
2024 · €11,014+€12,251
Cash
€4,660
2024 · €4,763-€103
Balance sheet total
€106,760
2024 · €66,508+€40,252
Largest movements
Assets
- Receivables within one year +€40,552
up €40,552 (+67.1%), from €60,452 to €101,004
of which Trade receivables: +€28,110
Equity and liabilities
- Trade debts +€27,034
up €27,034 (+60.1%), from €44,948 to €71,982
- Profit (loss) carried forward +€12,251
up €12,251 (+136%), from €9,014 to €21,265
Income statement
- Gross operating margin +€6,662
up €6,662 (+53.4%), from €12,475 to €19,137
- Financial charges -€1,560
down €1,560 (-89.1%), from €1,751 to €191
- Depreciation -€1,346
down €1,346 (-87.3%), from €1,542 to €196
- Other operating charges +€929
up €929 (+123%), from €754 to €1,683
- Financial income +€679
up €679 (+177%), from €384 to €1,063
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.
Result 2024
€3,178
Gross operating margin
+€6,662
Depreciation
+€1,346
Other operating charges
-€929
Financial income
+€679
Financial charges
+€1,560
Taxes
-€245
Result 2025
€12,251
raises the resultlowers the result
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.
From operations
-€104
Investment
+€0
Financing
+€0
Cash 2024
€4,763
From operations (derived)
-€104
Net result for the year
+€12,251
Depreciation
+€196
Receivables within one year
-€40,552
Trade debts
+€27,034
Tax, wage and social debts
+€967
Investment (derived)
+€0
Investment in fixed assets (net)
+€0
Financing
+€0
Contributions, distributions and other
+€0
Cash 2025
€4,660
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,508 | €106,760 | +€40,252 | +60.5% |
| Fixed assets | 21/28 | €1,293 | €1,096 | -€197 | -15.2% |
| Tangible fixed assets | 22/27 | €268 | €71 | -€197 | -73.4% |
| Plant, machinery and equipment | 23 | €268 | €71 | -€197 | -73.4% |
| Financial fixed assets | 28 | €1,025 | €1,025 | = | 0.0% |
| Current assets | 29/58 | €65,215 | €105,664 | +€40,449 | +62.0% |
| Amounts receivable within one year | 40/41 | €60,452 | €101,004 | +€40,552 | +67.1% |
| Trade receivables | 40 | €45,755 | €73,865 | +€28,110 | +61.4% |
| Other amounts receivable | 41 | €14,697 | €27,139 | +€12,442 | +84.7% |
| Cash at bank and in hand | 54/58 | €4,763 | €4,660 | -€103 | -2.2% |
| Total equity and liabilities | 10/49 | €66,508 | €106,760 | +€40,252 | +60.5% |
| Equity | 10/15 | €11,014 | €23,265 | +€12,251 | +111% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,014 | €21,265 | +€12,251 | +136% |
| Amounts payable | 17/49 | €55,494 | €83,495 | +€28,001 | +50.5% |
| Amounts payable within one year | 42/48 | €55,494 | €83,495 | +€28,001 | +50.5% |
| Trade debts | 44 | €44,948 | €71,982 | +€27,034 | +60.1% |
| Suppliers | 440/4 | €44,948 | €71,982 | +€27,034 | +60.1% |
| Taxes, remuneration and social security | 45 | €10,546 | €11,513 | +€967 | +9.2% |
| Taxes | 450/3 | €10,546 | €11,513 | +€967 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,542 | €196 | -€1,346 | -87.3% |
| Other operating charges | 640/8 | €754 | €1,683 | +€929 | +123% |
| Gross operating margin | 9900 | €12,475 | €19,137 | +€6,662 | +53.4% |
| Operating profit (loss) | 9901 | €10,179 | €17,258 | +€7,079 | +69.5% |
| Financial income | 75/76B | €384 | €1,063 | +€679 | +177% |
| Recurring financial income | 75 | €384 | €1,063 | +€679 | +177% |
| Financial charges | 65/66B | €1,751 | €191 | -€1,560 | -89.1% |
| Recurring financial charges | 65 | €1,751 | €191 | -€1,560 | -89.1% |
| Profit (loss) for the period before taxes | 9903 | €8,812 | €18,130 | +€9,318 | +106% |
| Income taxes | 67/77 | €5,634 | €5,879 | +€245 | +4.3% |
| Profit (loss) for the period | 9904 | €3,178 | €12,251 | +€9,073 | +286% |
| Profit (loss) for the period to be appropriated | 9905 | €3,178 | €12,251 | +€9,073 | +286% |
Next steps
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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 6 November 2026 via checked.be.