LGS: 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.
LGS
Largest movements
- Cash +€3,837
up €3,837 (+15.2%), from €25,214 to €29,052
mainly Net result for the year (+€18,862) and Other debts (+€11,535)
- Receivables within one year +€877
up €877 (+4.4%), from €19,844 to €20,721
of which Trade receivables: +€4,386
- Tangible fixed assets +€847
new in 2025: €847
- Other debts +€11,535
new in 2025: €11,535
- Trade debts -€9,326
down €9,326 (-97.8%), from €9,537 to €210
- Profit (loss) carried forward +€6,862
up €6,862, from -€5,814 to €1,048
- Tax, wage and social debts -€3,633
down €3,633 (-17.3%), from €21,000 to €17,367
of which Remuneration and social security: -€15,000
- Gross operating margin +€11,240
up €11,240 (+55.5%), from €20,247 to €31,487
- Taxes +€5,021
up €5,021 (+83.7%), from €6,000 to €11,021
- Other operating charges +€736
up €736 (+168%), from €437 to €1,173
- Depreciation +€423
new in 2025: €423
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 | €45,183 | €50,620 | +€5,437 | +12.0% |
| Fixed assets | 21/28 | - | €847 | +€847 | |
| Tangible fixed assets | 22/27 | - | €847 | +€847 | |
| Furniture and vehicles | 24 | - | €847 | +€847 | |
| Current assets | 29/58 | €45,183 | €49,773 | +€4,590 | +10.2% |
| Amounts receivable within one year | 40/41 | €19,844 | €20,721 | +€877 | +4.4% |
| Trade receivables | 40 | €16,335 | €20,721 | +€4,386 | +26.9% |
| Other amounts receivable | 41 | €3,509 | - | -€3,509 | |
| Cash at bank and in hand | 54/58 | €25,214 | €29,052 | +€3,837 | +15.2% |
| Deferred charges and accrued income | 490/1 | €125 | - | -€125 | |
| Total equity and liabilities | 10/49 | €45,183 | €50,620 | +€5,437 | +12.0% |
| Equity | 10/15 | €14,646 | €21,508 | +€6,862 | +46.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,814 | €1,048 | +€6,862 | |
| Amounts payable | 17/49 | €30,537 | €29,111 | -€1,425 | -4.7% |
| Amounts payable within one year | 42/48 | €30,537 | €29,111 | -€1,425 | -4.7% |
| Trade debts | 44 | €9,537 | €210 | -€9,326 | -97.8% |
| Suppliers | 440/4 | €9,537 | €210 | -€9,326 | -97.8% |
| Taxes, remuneration and social security | 45 | €21,000 | €17,367 | -€3,633 | -17.3% |
| Taxes | 450/3 | €6,000 | €17,367 | +€11,367 | +189% |
| Remuneration and social security | 454/9 | €15,000 | - | -€15,000 | |
| Other amounts payable | 47/48 | - | €11,535 | +€11,535 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €423 | +€423 | |
| Other operating charges | 640/8 | €437 | €1,173 | +€736 | +168% |
| Gross operating margin | 9900 | €20,247 | €31,487 | +€11,240 | +55.5% |
| Operating profit (loss) | 9901 | €19,810 | €29,891 | +€10,081 | +50.9% |
| Financial charges | 65/66B | €2 | €8 | +€6 | +268% |
| Recurring financial charges | 65 | €2 | €8 | +€6 | +268% |
| Profit (loss) for the period before taxes | 9903 | €19,808 | €29,883 | +€10,075 | +50.9% |
| Income taxes | 67/77 | €6,000 | €11,021 | +€5,021 | +83.7% |
| Profit (loss) for the period | 9904 | €13,808 | €18,862 | +€5,054 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,808 | €18,862 | +€5,054 | +36.6% |
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 20 October 2026 via checked.be.