LGMS CONSULT: 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.
LGMS CONSULT
Largest movements
- Receivables within one year +€75,806
up €75,806 (+20.5%), from €369,991 to €445,797
of which Other amounts receivable: +€51,000
- Tangible fixed assets -€32,964
down €32,964 (-45.9%), from €71,775 to €38,811
of which Furniture and vehicles: -€30,319
- Deferred charges and accrued income -€27,600
down €27,600 (-14.1%), from €195,600 to €168,000
- Cash -€20,837
down €20,837 (-87.6%), from €23,783 to €2,946
mainly Contributions, distributions and other (-€200,000) and Receivables within one year (-€75,806)
- Reserves +€50,227
up €50,227 (+10.2%), from €491,481 to €541,707
of which Distributable reserves: +€50,227
- Debts after one year -€19,808
down €19,808 (-45.6%), from €43,395 to €23,587
- Trade debts -€17,747
down €17,747 (-97.3%), from €18,242 to €494
- Tax, wage and social debts -€17,367
down €17,367 (-27.6%), from €62,844 to €45,478
of which Taxes: -€17,250
- Gross operating margin +€99,718
up €99,718 (+34.5%), from €288,952 to €388,670
- Turnover +€92,158
up €92,158 (+21.2%), from €435,566 to €527,724
- Taxes +€16,429
up €16,429 (+35.2%), from €46,609 to €63,038
- Staff costs +€10,154
up €10,154 (+45.3%), from €22,406 to €32,560
- Depreciation +€9,100
up €9,100 (+38.1%), from €23,864 to €32,964
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €661,150 | €655,555 | -€5,595 | -0.8% |
| Fixed assets | 21/28 | €71,775 | €38,811 | -€32,964 | -45.9% |
| Tangible fixed assets | 22/27 | €71,775 | €38,811 | -€32,964 | -45.9% |
| Furniture and vehicles | 24 | €66,485 | €36,166 | -€30,319 | -45.6% |
| Other tangible fixed assets | 26 | €5,290 | €2,645 | -€2,645 | -50.0% |
| Current assets | 29/58 | €589,375 | €616,744 | +€27,369 | +4.6% |
| Amounts receivable within one year | 40/41 | €369,991 | €445,797 | +€75,806 | +20.5% |
| Trade receivables | 40 | €45,296 | €70,102 | +€24,806 | +54.8% |
| Other amounts receivable | 41 | €324,695 | €375,695 | +€51,000 | +15.7% |
| Cash at bank and in hand | 54/58 | €23,783 | €2,946 | -€20,837 | -87.6% |
| Deferred charges and accrued income | 490/1 | €195,600 | €168,000 | -€27,600 | -14.1% |
| Total equity and liabilities | 10/49 | €661,150 | €655,555 | -€5,595 | -0.8% |
| Equity | 10/15 | €510,081 | €560,307 | +€50,227 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €491,481 | €541,707 | +€50,227 | +10.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €489,621 | €539,847 | +€50,227 | +10.3% |
| Amounts payable | 17/49 | €151,069 | €95,247 | -€55,822 | -37.0% |
| Amounts payable after more than one year | 17 | €43,395 | €23,587 | -€19,808 | -45.6% |
| Financial debts | 170/4 | €43,395 | €23,587 | -€19,808 | -45.6% |
| Amounts payable within one year | 42/48 | €103,394 | €65,780 | -€37,614 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €22,308 | €19,808 | -€2,500 | -11.2% |
| Trade debts | 44 | €18,242 | €494 | -€17,747 | -97.3% |
| Suppliers | 440/4 | €18,242 | €494 | -€17,747 | -97.3% |
| Taxes, remuneration and social security | 45 | €62,844 | €45,478 | -€17,367 | -27.6% |
| Taxes | 450/3 | €57,687 | €40,437 | -€17,250 | -29.9% |
| Remuneration and social security | 454/9 | €5,157 | €5,041 | -€116 | -2.3% |
| Accrued charges and deferred income | 492/3 | €4,281 | €5,881 | +€1,600 | +37.4% |
| Turnover | 70 | €435,566 | €527,724 | +€92,158 | +21.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €146,614 | €139,054 | -€7,560 | -5.2% |
| Remuneration, social security and pensions | 62 | €22,406 | €32,560 | +€10,154 | +45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,864 | €32,964 | +€9,100 | +38.1% |
| Other operating charges | 640/8 | €7,870 | €4,348 | -€3,522 | -44.7% |
| Gross operating margin | 9900 | €288,952 | €388,670 | +€99,718 | +34.5% |
| Operating profit (loss) | 9901 | €234,811 | €318,797 | +€83,986 | +35.8% |
| Financial charges | 65/66B | €5,029 | €5,532 | +€503 | +10.0% |
| Recurring financial charges | 65 | €5,029 | €5,532 | +€503 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €229,782 | €313,265 | +€83,483 | +36.3% |
| Income taxes | 67/77 | €46,609 | €63,038 | +€16,429 | +35.2% |
| Profit (loss) for the period | 9904 | €183,173 | €250,227 | +€67,054 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €183,173 | €250,227 | +€67,054 | +36.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.