LGK Confection: what changed
LGK Confection
Largest movements
- Receivables within one year +€37,356
up €37,356 (+1,190%), from €3,139 to €40,495
of which Trade receivables: +€38,319
- Tangible fixed assets +€35,773
up €35,773 (+142%), from €25,218 to €60,991
of which Other tangible fixed assets: +€21,545
- Cash -€20,627
down €20,627 (-52.0%), from €39,635 to €19,008
mainly Net result for the year (-€52,264) and Investment in fixed assets (net) (-€47,963)
- Deferred charges and accrued income +€1,417
new in 2025: €1,417
- Profit (loss) carried forward -€52,264
down €52,264, from €28,771 to -€23,493
- Other debts +€37,890
up €37,890 (+2,765%), from €1,370 to €39,260
- Debts after one year +€35,617
up €35,617 (+870%), from €4,092 to €39,709
- Tax, wage and social debts +€20,329
up €20,329 (+139%), from €14,612 to €34,941
of which Remuneration and social security: +€19,972
- Trade debts +€8,818
up €8,818 (+349%), from €2,527 to €11,345
- Gross operating margin -€53,804
down €53,804 (-59.5%), from €90,362 to €36,558
- Staff costs +€24,002
up €24,002 (+50.9%), from €47,142 to €71,144
- Depreciation +€8,986
up €8,986 (+280%), from €3,204 to €12,190
- Taxes -€8,198
down €8,198 (-97.5%), from €8,409 to €210
- Other operating charges +€1,476
up €1,476 (+264%), from €560 to €2,036
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,991 | €121,912 | +€53,920 | +79.3% |
| Fixed assets | 21/28 | €25,218 | €60,991 | +€35,773 | +142% |
| Tangible fixed assets | 22/27 | €25,218 | €60,991 | +€35,773 | +142% |
| Plant, machinery and equipment | 23 | €11,482 | €8,606 | -€2,876 | -25.0% |
| Furniture and vehicles | 24 | €12,506 | €29,610 | +€17,104 | +137% |
| Other tangible fixed assets | 26 | €1,229 | €22,774 | +€21,545 | +1,753% |
| Current assets | 29/58 | €42,773 | €60,921 | +€18,147 | +42.4% |
| Amounts receivable within one year | 40/41 | €3,139 | €40,495 | +€37,356 | +1,190% |
| Trade receivables | 40 | - | €38,319 | +€38,319 | |
| Other amounts receivable | 41 | €3,139 | €2,176 | -€963 | -30.7% |
| Cash at bank and in hand | 54/58 | €39,635 | €19,008 | -€20,627 | -52.0% |
| Deferred charges and accrued income | 490/1 | - | €1,417 | +€1,417 | |
| Total equity and liabilities | 10/49 | €67,991 | €121,912 | +€53,920 | +79.3% |
| Equity | 10/15 | €43,771 | -€8,493 | -€52,264 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,771 | -€23,493 | -€52,264 | |
| Amounts payable | 17/49 | €24,221 | €130,405 | +€106,184 | +438% |
| Amounts payable after more than one year | 17 | €4,092 | €39,709 | +€35,617 | +870% |
| Financial debts | 170/4 | €4,092 | €39,709 | +€35,617 | +870% |
| Amounts payable within one year | 42/48 | €20,129 | €90,696 | +€70,567 | +351% |
| Current portion of amounts payable after more than one year | 42 | €1,620 | €5,151 | +€3,531 | +218% |
| Trade debts | 44 | €2,527 | €11,345 | +€8,818 | +349% |
| Suppliers | 440/4 | €2,527 | €11,345 | +€8,818 | +349% |
| Taxes, remuneration and social security | 45 | €14,612 | €34,941 | +€20,329 | +139% |
| Taxes | 450/3 | €8,545 | €8,901 | +€356 | +4.2% |
| Remuneration and social security | 454/9 | €6,067 | €26,039 | +€19,972 | +329% |
| Other amounts payable | 47/48 | €1,370 | €39,260 | +€37,890 | +2,765% |
| Remuneration, social security and pensions | 62 | €47,142 | €71,144 | +€24,002 | +50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,204 | €12,190 | +€8,986 | +280% |
| Other operating charges | 640/8 | €560 | €2,036 | +€1,476 | +264% |
| Gross operating margin | 9900 | €90,362 | €36,558 | -€53,804 | -59.5% |
| Operating profit (loss) | 9901 | €39,456 | -€48,812 | -€88,268 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,278 | €3,242 | +€964 | +42.3% |
| Recurring financial charges | 65 | €2,278 | €3,242 | +€964 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €37,179 | -€52,054 | -€89,233 | |
| Income taxes | 67/77 | €8,409 | €210 | -€8,198 | -97.5% |
| Profit (loss) for the period | 9904 | €28,771 | -€52,264 | -€81,034 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,771 | -€52,264 | -€81,034 |
Next steps
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 4 November 2026 via checked.be.