LGP: what changed
What changed
LGP
NACE 01.610, Support activities for crop production
filed annual accounts (NBB)
Net result for the year
€5,621
2024 · €3,706+€1,915
Equity
€198,589
2024 · €192,968+€5,621
Cash
€1,339
2024 · €1,339
Balance sheet total
€518,452
2024 · €513,422+€5,030
Largest movements
Assets
- Receivables within one year +€8,678
up €8,678 (+16.8%), from €51,780 to €60,458
of which Trade receivables: +€23,001
Equity and liabilities
- Other debts +€54,541
up €54,541 (+500%), from €10,917 to €65,458
- Trade debts -€48,450
down €48,450 (-65.3%), from €74,141 to €25,691
- Debts after one year -€13,449
down €13,449 (-7.1%), from €190,107 to €176,658
- Reserves +€5,621
up €5,621 (+7.7%), from €72,968 to €78,589
of which Distributable reserves: +€5,621
Income statement
- Gross operating margin +€19,743
up €19,743 (+30.3%), from €65,240 to €84,984
- Depreciation +€15,248
up €15,248 (+34.4%), from €44,345 to €59,593
- Financial charges +€3,014
up €3,014 (+26.7%), from €11,277 to €14,291
- Other operating charges +€1,605
up €1,605 (+90.9%), from €1,765 to €3,369
- Taxes -€1,032
down €1,032 (-32.8%), from €3,142 to €2,110
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.
Result 2024
€3,706
Gross operating margin
+€19,743
Staff costs
+€1,006
Depreciation
-€15,248
Other operating charges
-€1,605
Financial income
+€1
Financial charges
-€3,014
Taxes
+€1,032
Result 2025
€5,621
raises the resultlowers the result
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.
From operations
+€63,376
Investment
-€55,945
Financing
-€7,431
Cash 2024
€1,339
From operations (derived)
+€63,376
Net result for the year
+€5,621
Depreciation
+€59,593
Receivables within one year
-€8,678
Trade debts
-€48,450
Tax, wage and social debts
+€749
Other debts
+€54,541
Investment (derived)
-€55,945
Investment in fixed assets (net)
-€55,945
Financing
-€7,431
Debts after one year
-€13,449
Current portion of long-term debt
+€3,707
Short-term financial debts
+€2,311
Cash 2025
€1,339
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €513,422 | €518,452 | +€5,030 | +1.0% |
| Fixed assets | 21/28 | €460,303 | €456,655 | -€3,648 | -0.8% |
| Tangible fixed assets | 22/27 | €460,303 | €456,655 | -€3,648 | -0.8% |
| Land and buildings | 22 | €344,214 | €322,715 | -€21,500 | -6.2% |
| Plant, machinery and equipment | 23 | €65,145 | €99,078 | +€33,933 | +52.1% |
| Furniture and vehicles | 24 | €50,944 | €34,862 | -€16,082 | -31.6% |
| Current assets | 29/58 | €53,119 | €61,797 | +€8,678 | +16.3% |
| Amounts receivable within one year | 40/41 | €51,780 | €60,458 | +€8,678 | +16.8% |
| Trade receivables | 40 | €37,457 | €60,458 | +€23,001 | +61.4% |
| Other amounts receivable | 41 | €14,323 | - | -€14,323 | |
| Cash at bank and in hand | 54/58 | €1,339 | €1,339 | = | 0.0% |
| Total equity and liabilities | 10/49 | €513,422 | €518,452 | +€5,030 | +1.0% |
| Equity | 10/15 | €192,968 | €198,589 | +€5,621 | +2.9% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €72,968 | €78,589 | +€5,621 | +7.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,108 | €76,729 | +€5,621 | +7.9% |
| Amounts payable | 17/49 | €320,454 | €319,863 | -€591 | -0.2% |
| Amounts payable after more than one year | 17 | €190,107 | €176,658 | -€13,449 | -7.1% |
| Financial debts | 170/4 | €190,107 | €176,658 | -€13,449 | -7.1% |
| Amounts payable within one year | 42/48 | €130,347 | €143,205 | +€12,858 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €35,065 | €38,772 | +€3,707 | +10.6% |
| Financial debts | 43 | €5,264 | €7,575 | +€2,311 | +43.9% |
| Credit institutions | 430/8 | €5,264 | €7,575 | +€2,311 | +43.9% |
| Trade debts | 44 | €74,141 | €25,691 | -€48,450 | -65.3% |
| Suppliers | 440/4 | €74,141 | €25,691 | -€48,450 | -65.3% |
| Taxes, remuneration and social security | 45 | €4,960 | €5,709 | +€749 | +15.1% |
| Taxes | 450/3 | €4,960 | €5,709 | +€749 | +15.1% |
| Other amounts payable | 47/48 | €10,917 | €65,458 | +€54,541 | +500% |
| Remuneration, social security and pensions | 62 | €1,006 | - | -€1,006 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,345 | €59,593 | +€15,248 | +34.4% |
| Other operating charges | 640/8 | €1,765 | €3,369 | +€1,605 | +90.9% |
| Gross operating margin | 9900 | €65,240 | €84,984 | +€19,743 | +30.3% |
| Operating profit (loss) | 9901 | €18,125 | €22,022 | +€3,897 | +21.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +6,900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +6,900% |
| Financial charges | 65/66B | €11,277 | €14,291 | +€3,014 | +26.7% |
| Recurring financial charges | 65 | €11,277 | €14,291 | +€3,014 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €6,848 | €7,731 | +€883 | +12.9% |
| Income taxes | 67/77 | €3,142 | €2,110 | -€1,032 | -32.8% |
| Profit (loss) for the period | 9904 | €3,706 | €5,621 | +€1,915 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,706 | €5,621 | +€1,915 | +51.7% |
Next steps
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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 2 November 2026 via checked.be.