LGJC: 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.
LGJC
Largest movements
- Cash +€130,857
up €130,857 (+48.5%), from €269,550 to €400,407
mainly Net result for the year (+€116,011) and Debts after one year (+€72,065)
- Tangible fixed assets -€26,879
down €26,879 (-11.2%), from €239,532 to €212,654
of which Furniture and vehicles: -€15,269
- Receivables within one year -€11,493
down €11,493 (-15.7%), from €73,395 to €61,902
of which Trade receivables: -€17,551
- Debts after one year +€72,065
up €72,065 (+85.7%), from €84,077 to €156,142
- Accrued charges and deferred income +€33,341
up €33,341 (+336%), from €9,915 to €43,256
- Other debts +€20,893
up €20,893 (+12.1%), from €173,227 to €194,120
- Current portion of long-term debt -€10,773
down €10,773 (-27.8%), from €38,707 to €27,935
- Tax, wage and social debts -€8,527
down €8,527 (-34.4%), from €24,799 to €16,271
- Financial charges +€27,298
up €27,298 (+178%), from €15,304 to €42,601
- Provisions -€17,639
down €17,639, from €13,735 to -€3,904
- Taxes -€6,995
down €6,995 (-17.0%), from €41,174 to €34,179
- Gross operating margin -€4,771
down €4,771 (-2.1%), from €222,015 to €217,244
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 | €588,306 | €686,210 | +€97,903 | +16.6% |
| Fixed assets | 21/28 | €239,532 | €212,654 | -€26,879 | -11.2% |
| Tangible fixed assets | 22/27 | €239,532 | €212,654 | -€26,879 | -11.2% |
| Land and buildings | 22 | €199,905 | €189,910 | -€9,995 | -5.0% |
| Plant, machinery and equipment | 23 | €2,520 | €906 | -€1,614 | -64.0% |
| Furniture and vehicles | 24 | €37,107 | €21,837 | -€15,269 | -41.1% |
| Current assets | 29/58 | €348,774 | €473,556 | +€124,782 | +35.8% |
| Amounts receivable within one year | 40/41 | €73,395 | €61,902 | -€11,493 | -15.7% |
| Trade receivables | 40 | €73,395 | €55,844 | -€17,551 | -23.9% |
| Other amounts receivable | 41 | - | €6,058 | +€6,058 | |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €269,550 | €400,407 | +€130,857 | +48.5% |
| Deferred charges and accrued income | 490/1 | €4,829 | €10,247 | +€5,419 | +112% |
| Total equity and liabilities | 10/49 | €588,306 | €686,210 | +€97,903 | +16.6% |
| Equity | 10/15 | €226,844 | €221,583 | -€5,261 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,971 | €86,971 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €111 | €111 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,273 | €116,013 | -€5,261 | -4.3% |
| Provisions and deferred taxes | 16 | €30,427 | €26,523 | -€3,904 | -12.8% |
| Provisions for liabilities and charges | 160/5 | €30,427 | €26,523 | -€3,904 | -12.8% |
| Other liabilities and charges | 164/5 | €30,427 | €26,523 | -€3,904 | -12.8% |
| Amounts payable | 17/49 | €331,035 | €438,103 | +€107,068 | +32.3% |
| Amounts payable after more than one year | 17 | €84,077 | €156,142 | +€72,065 | +85.7% |
| Financial debts | 170/4 | €84,077 | €156,142 | +€72,065 | +85.7% |
| Amounts payable within one year | 42/48 | €237,044 | €238,705 | +€1,662 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €38,707 | €27,935 | -€10,773 | -27.8% |
| Trade debts | 44 | €311 | €379 | +€69 | +22.2% |
| Suppliers | 440/4 | €311 | €379 | +€69 | +22.2% |
| Taxes, remuneration and social security | 45 | €24,799 | €16,271 | -€8,527 | -34.4% |
| Taxes | 450/3 | €24,799 | €16,271 | -€8,527 | -34.4% |
| Other amounts payable | 47/48 | €173,227 | €194,120 | +€20,893 | +12.1% |
| Accrued charges and deferred income | 492/3 | €9,915 | €43,256 | +€33,341 | +336% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,262 | €26,879 | -€1,384 | -4.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €13,735 | -€3,904 | -€17,639 | |
| Other operating charges | 640/8 | €2,603 | €2,268 | -€336 | -12.9% |
| Gross operating margin | 9900 | €222,015 | €217,244 | -€4,771 | -2.1% |
| Operating profit (loss) | 9901 | €177,415 | €192,002 | +€14,587 | +8.2% |
| Financial income | 75/76B | €0 | €790 | +€790 | |
| Recurring financial income | 75 | €0 | €790 | +€790 | |
| Financial charges | 65/66B | €15,304 | €42,601 | +€27,298 | +178% |
| Recurring financial charges | 65 | €15,304 | €42,601 | +€27,298 | +178% |
| Profit (loss) for the period before taxes | 9903 | €162,111 | €150,190 | -€11,921 | -7.4% |
| Income taxes | 67/77 | €41,174 | €34,179 | -€6,995 | -17.0% |
| Profit (loss) for the period | 9904 | €120,937 | €116,011 | -€4,926 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €120,937 | €116,011 | -€4,926 | -4.1% |
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 19 October 2026 via checked.be.