LGF.BE: 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.
LGF.BE
Largest movements
- Cash +€27,837
up €27,837 (+592%), from €4,704 to €32,541
mainly Depreciation (+€15,125) and Receivables within one year (+€10,356)
- Tangible fixed assets -€15,125
down €15,125 (-34.7%), from €43,637 to €28,512
of which Furniture and vehicles: -€14,042
- Receivables within one year -€10,356
down €10,356 (-30.9%), from €33,568 to €23,212
of which Trade receivables: -€12,474
- Tax, wage and social debts +€2,249
up €2,249 (+18.3%), from €12,309 to €14,559
- Trade debts +€1,230
up €1,230 (+105%), from €1,173 to €2,402
- Gross operating margin +€6,211
up €6,211 (+41.2%), from €15,092 to €21,303
- Taxes -€3,764
down €3,764 (-41.0%), from €9,182 to €5,418
- Other operating charges +€265
up €265 (+26.7%), from €993 to €1,258
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 | €81,909 | €84,265 | +€2,356 | +2.9% |
| Fixed assets | 21/28 | €43,637 | €28,512 | -€15,125 | -34.7% |
| Tangible fixed assets | 22/27 | €43,637 | €28,512 | -€15,125 | -34.7% |
| Land and buildings | 22 | €6,651 | €5,824 | -€828 | -12.4% |
| Plant, machinery and equipment | 23 | €468 | €213 | -€255 | -54.5% |
| Furniture and vehicles | 24 | €36,517 | €22,476 | -€14,042 | -38.5% |
| Current assets | 29/58 | €38,272 | €55,753 | +€17,481 | +45.7% |
| Amounts receivable within one year | 40/41 | €33,568 | €23,212 | -€10,356 | -30.9% |
| Trade receivables | 40 | €32,670 | €20,196 | -€12,474 | -38.2% |
| Other amounts receivable | 41 | €898 | €3,017 | +€2,118 | +236% |
| Cash at bank and in hand | 54/58 | €4,704 | €32,541 | +€27,837 | +592% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €81,909 | €84,265 | +€2,356 | +2.9% |
| Equity | 10/15 | €67,015 | €66,420 | -€594 | -0.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €79,360 | €79,360 | = | 0.0% |
| Distributable reserves | 133 | €79,360 | €79,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,745 | -€25,340 | -€594 | -2.4% |
| Amounts payable | 17/49 | €14,894 | €17,845 | +€2,951 | +19.8% |
| Amounts payable within one year | 42/48 | €13,530 | €16,961 | +€3,431 | +25.4% |
| Trade debts | 44 | €1,173 | €2,402 | +€1,230 | +105% |
| Suppliers | 440/4 | €1,173 | €2,402 | +€1,230 | +105% |
| Taxes, remuneration and social security | 45 | €12,309 | €14,559 | +€2,249 | +18.3% |
| Taxes | 450/3 | €12,309 | €14,559 | +€2,249 | +18.3% |
| Other amounts payable | 47/48 | €48 | €0 | -€48 | -100% |
| Accrued charges and deferred income | 492/3 | €1,365 | €884 | -€480 | -35.2% |
| Non-recurring operating income | 76A | €1,176 | €0 | -€1,176 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,124 | €15,125 | +€0 | 0.0% |
| Other operating charges | 640/8 | €993 | €1,258 | +€265 | +26.7% |
| Gross operating margin | 9900 | €15,092 | €21,303 | +€6,211 | +41.2% |
| Operating profit (loss) | 9901 | -€1,025 | €4,920 | +€5,946 | |
| Financial income | 75/76B | €155 | €75 | -€80 | -51.4% |
| Recurring financial income | 75 | €155 | €75 | -€80 | -51.4% |
| Financial charges | 65/66B | €136 | €172 | +€37 | +26.9% |
| Recurring financial charges | 65 | €136 | €172 | +€37 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,006 | €4,824 | +€5,830 | |
| Income taxes | 67/77 | €9,182 | €5,418 | -€3,764 | -41.0% |
| Profit (loss) for the period | 9904 | -€10,188 | -€594 | +€9,593 | +94.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,188 | -€594 | +€9,593 | +94.2% |
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 16 October 2026 via checked.be.