LGG LOGISTICS: 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.
LGG LOGISTICS
Largest movements
- Receivables within one year +€789,340
up €789,340 (+194%), from €405,891 to €1.2m
of which Trade receivables: +€739,939
- Cash +€160,390
up €160,390 (+79.4%), from €202,112 to €362,502
mainly Net result for the year (+€707,022) and Tax, wage and social debts (+€184,282)
- Tangible fixed assets +€68,690
up €68,690 (+153%), from €44,941 to €113,631
- Profit (loss) carried forward +€707,022
up €707,022 (+699%), from €101,117 to €808,139
- Tax, wage and social debts +€184,282
up €184,282 (+349%), from €52,789 to €237,071
of which Taxes: +€172,796
- Trade debts +€141,168
up €141,168 (+28.1%), from €501,539 to €642,707
- Gross operating margin +€1.1m
up €1.1m, from -€29,001 to €1.0m
- Taxes +€219,467
up €219,467 (+255,075%), from €86 to €219,553
- Staff costs +€70,448
up €70,448 (+624%), from €11,283 to €81,731
- Depreciation +€12,053
up €12,053 (+204%), from €5,919 to €17,973
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 | €661,044 | €1,691,917 | +€1.0m | +156% |
| Fixed assets | 21/28 | €52,441 | €121,131 | +€68,690 | +131% |
| Tangible fixed assets | 22/27 | €44,941 | €113,631 | +€68,690 | +153% |
| Furniture and vehicles | 24 | €44,941 | €113,631 | +€68,690 | +153% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €608,604 | €1,570,786 | +€962,182 | +158% |
| Amounts receivable within one year | 40/41 | €405,891 | €1,195,231 | +€789,340 | +194% |
| Trade receivables | 40 | €393,666 | €1,133,605 | +€739,939 | +188% |
| Other amounts receivable | 41 | €12,226 | €61,626 | +€49,400 | +404% |
| Cash at bank and in hand | 54/58 | €202,112 | €362,502 | +€160,390 | +79.4% |
| Deferred charges and accrued income | 490/1 | €600 | €13,053 | +€12,453 | +2,076% |
| Total equity and liabilities | 10/49 | €661,044 | €1,691,917 | +€1.0m | +156% |
| Equity | 10/15 | €105,117 | €812,139 | +€707,022 | +673% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,117 | €808,139 | +€707,022 | +699% |
| Amounts payable | 17/49 | €555,928 | €879,778 | +€323,850 | +58.3% |
| Amounts payable within one year | 42/48 | €555,928 | €879,778 | +€323,850 | +58.3% |
| Trade debts | 44 | €501,539 | €642,707 | +€141,168 | +28.1% |
| Suppliers | 440/4 | €501,539 | €642,707 | +€141,168 | +28.1% |
| Taxes, remuneration and social security | 45 | €52,789 | €237,071 | +€184,282 | +349% |
| Taxes | 450/3 | €49,478 | €222,274 | +€172,796 | +349% |
| Remuneration and social security | 454/9 | €3,311 | €14,797 | +€11,486 | +347% |
| Other amounts payable | 47/48 | €1,599 | €0 | -€1,599 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €11,283 | €81,731 | +€70,448 | +624% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,919 | €17,973 | +€12,053 | +204% |
| Other operating charges | 640/8 | €0 | €4,350 | +€4,350 | |
| Gross operating margin | 9900 | -€29,001 | €1,029,997 | +€1.1m | |
| Operating profit (loss) | 9901 | -€46,203 | €925,943 | +€972,147 | |
| Financial income | 75/76B | €156 | €270 | +€114 | +73.2% |
| Recurring financial income | 75 | €156 | €270 | +€114 | +73.2% |
| Financial charges | 65/66B | €2,271 | -€361 | -€2,632 | |
| Recurring financial charges | 65 | €2,271 | -€361 | -€2,632 | |
| Profit (loss) for the period before taxes | 9903 | -€48,319 | €926,575 | +€974,893 | |
| Income taxes | 67/77 | €86 | €219,553 | +€219,467 | +255,075% |
| Profit (loss) for the period | 9904 | -€48,405 | €707,022 | +€755,427 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,405 | €707,022 | +€755,427 |
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 26 October 2026 via checked.be.