LGM Holding: 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.
LGM Holding
Largest movements
- Deferred charges and accrued income +€7,500
up €7,500 (+61.9%), from €12,111 to €19,611
- Other debts +€9,200
up €9,200 (+1,150%), from €800 to €10,000
- Financial income -€1,964
down €1,964 (-20.7%), from €9,504 to €7,540
- Taxes -€314
down €314 (-15.9%), from €1,971 to €1,657
- Gross operating margin +€104
up €104 (+11.3%), from -€915 to -€811
- Depreciation -€56
down €56 (-9.4%), from €598 to €542
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 | €556,217 | €559,453 | +€3,236 | +0.6% |
| Formation expenses | 20 | €542 | - | -€542 | |
| Fixed assets | 21/28 | €290,000 | €290,000 | = | 0.0% |
| Financial fixed assets | 28 | €290,000 | €290,000 | = | 0.0% |
| Current assets | 29/58 | €265,675 | €269,453 | +€3,778 | +1.4% |
| Amounts receivable after more than one year | 29 | €244,459 | €244,459 | = | 0.0% |
| Other amounts receivable | 291 | €244,459 | €244,459 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,106 | €5,383 | -€3,722 | -40.9% |
| Deferred charges and accrued income | 490/1 | €12,111 | €19,611 | +€7,500 | +61.9% |
| Total equity and liabilities | 10/49 | €556,217 | €559,453 | +€3,236 | +0.6% |
| Equity | 10/15 | €553,382 | €547,809 | -€5,574 | -1.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €545,000 | €545,000 | = | 0.0% |
| Distributable reserves | 133 | €545,000 | €545,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,382 | €809 | -€5,574 | -87.3% |
| Amounts payable | 17/49 | €2,835 | €11,644 | +€8,810 | +311% |
| Amounts payable within one year | 42/48 | €2,771 | €11,644 | +€8,874 | +320% |
| Taxes, remuneration and social security | 45 | €1,971 | €1,644 | -€326 | -16.6% |
| Taxes | 450/3 | €1,971 | €1,644 | -€326 | -16.6% |
| Other amounts payable | 47/48 | €800 | €10,000 | +€9,200 | +1,150% |
| Accrued charges and deferred income | 492/3 | €64 | - | -€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €598 | €542 | -€56 | -9.4% |
| Gross operating margin | 9900 | -€915 | -€811 | +€104 | +11.3% |
| Operating profit (loss) | 9901 | -€1,513 | -€1,353 | +€160 | +10.6% |
| Financial income | 75/76B | €9,504 | €7,540 | -€1,964 | -20.7% |
| Recurring financial income | 75 | €9,504 | €7,540 | -€1,964 | -20.7% |
| Financial charges | 65/66B | €108 | €104 | -€4 | -3.5% |
| Recurring financial charges | 65 | €108 | €104 | -€4 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €7,883 | €6,083 | -€1,800 | -22.8% |
| Income taxes | 67/77 | €1,971 | €1,657 | -€314 | -15.9% |
| Profit (loss) for the period | 9904 | €5,912 | €4,426 | -€1,486 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,912 | €4,426 | -€1,486 | -25.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.