LGO LAW: 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.
LGO LAW
Largest movements
- Cash +€7,019
up €7,019 (+23.9%), from €29,421 to €36,440
mainly Net result for the year (+€27,200) and Other debts (+€13,789)
- Receivables within one year -€5,773
down €5,773 (-63.3%), from €9,113 to €3,340
of which Other amounts receivable: -€7,389
- Tangible fixed assets -€2,575
down €2,575 (-14.9%), from €17,257 to €14,682
- Receivables after one year -€1,837
no longer reported in 2025 (was €1,837)
- Other debts +€13,789
up €13,789 (+701%), from €1,966 to €15,755
- Profit (loss) carried forward -€12,961
down €12,961 (-36.3%), from €35,728 to €22,767
- Tax, wage and social debts -€3,742
down €3,742 (-27.3%), from €13,702 to €9,960
of which Remuneration and social security: -€5,000
- Trade debts +€807
up €807 (+85.6%), from €943 to €1,751
- Gross operating margin +€27,857
up €27,857 (+255%), from €10,923 to €38,780
- Taxes +€5,631
up €5,631 (+217%), from €2,592 to €8,222
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 | €57,828 | €55,232 | -€2,596 | -4.5% |
| Fixed assets | 21/28 | €17,457 | €14,882 | -€2,575 | -14.8% |
| Tangible fixed assets | 22/27 | €17,257 | €14,682 | -€2,575 | -14.9% |
| Furniture and vehicles | 24 | €17,257 | €14,682 | -€2,575 | -14.9% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €40,371 | €40,351 | -€21 | -0.1% |
| Amounts receivable after more than one year | 29 | €1,837 | - | -€1,837 | |
| Other amounts receivable | 291 | €1,837 | - | -€1,837 | |
| Amounts receivable within one year | 40/41 | €9,113 | €3,340 | -€5,773 | -63.3% |
| Trade receivables | 40 | €378 | €1,994 | +€1,616 | +428% |
| Other amounts receivable | 41 | €8,736 | €1,346 | -€7,389 | -84.6% |
| Cash at bank and in hand | 54/58 | €29,421 | €36,440 | +€7,019 | +23.9% |
| Deferred charges and accrued income | 490/1 | - | €571 | +€571 | |
| Total equity and liabilities | 10/49 | €57,828 | €55,232 | -€2,596 | -4.5% |
| Equity | 10/15 | €40,728 | €27,767 | -€12,961 | -31.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,728 | €22,767 | -€12,961 | -36.3% |
| Amounts payable | 17/49 | €17,100 | €27,465 | +€10,365 | +60.6% |
| Amounts payable within one year | 42/48 | €16,611 | €27,465 | +€10,854 | +65.3% |
| Trade debts | 44 | €943 | €1,751 | +€807 | +85.6% |
| Suppliers | 440/4 | €943 | €1,751 | +€807 | +85.6% |
| Taxes, remuneration and social security | 45 | €13,702 | €9,960 | -€3,742 | -27.3% |
| Taxes | 450/3 | €8,702 | €9,960 | +€1,258 | +14.5% |
| Remuneration and social security | 454/9 | €5,000 | - | -€5,000 | |
| Other amounts payable | 47/48 | €1,966 | €15,755 | +€13,789 | +701% |
| Accrued charges and deferred income | 492/3 | €489 | - | -€489 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,401 | €2,575 | +€174 | +7.2% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €10,923 | €38,780 | +€27,857 | +255% |
| Operating profit (loss) | 9901 | €8,137 | €35,817 | +€27,680 | +340% |
| Financial income | 75/76B | €91 | €430 | +€339 | +373% |
| Recurring financial income | 75 | €91 | €430 | +€339 | +373% |
| Financial charges | 65/66B | €726 | €826 | +€100 | +13.8% |
| Recurring financial charges | 65 | €726 | €826 | +€100 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €7,502 | €35,422 | +€27,920 | +372% |
| Income taxes | 67/77 | €2,592 | €8,222 | +€5,631 | +217% |
| Profit (loss) for the period | 9904 | €4,910 | €27,200 | +€22,289 | +454% |
| Profit (loss) for the period to be appropriated | 9905 | €4,910 | €27,200 | +€22,289 | +454% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.