LGSY: 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.
LGSY
Largest movements
- Receivables within one year +€38,093
up €38,093 (+485.0%), from €7,855 to €45,947
of which Trade receivables: +€37,276
- Cash -€4,881
down €4,881 (-36.9%), from €13,219 to €8,338
mainly Receivables within one year (-€38,093) and Investment in fixed assets (net) (-€899)
- Tangible fixed assets +€786
new in 2025: €786
- Reserves +€19,799
up €19,799 (+476.7%), from €4,154 to €23,953
- Trade debts +€8,876
up €8,876 (+466.1%), from €1,905 to €10,781
- Tax, wage and social debts +€5,382
up €5,382 (+54.4%), from €9,896 to €15,278
of which Taxes: +€8,228
- Gross operating margin +€26,158
up €26,158 (+2715.4%), from €963 to €27,121
- Taxes +€5,051
up €5,051 (+395.8%), from €1,276 to €6,327
- Other operating charges +€348
up €348 (+293.2%), from €119 to €467
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.
Cash bridge derived
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 | €21,074 | €55,079 | +€34,005 | +161.4% |
| Fixed assets | 21/28 | - | €786 | +€786 | |
| Tangible fixed assets | 22/27 | - | €786 | +€786 | |
| Furniture and vehicles | 24 | - | €786 | +€786 | |
| Current assets | 29/58 | €21,074 | €54,293 | +€33,219 | +157.6% |
| Amounts receivable within one year | 40/41 | €7,855 | €45,947 | +€38,093 | +485.0% |
| Trade receivables | 40 | €6,398 | €43,675 | +€37,276 | +582.6% |
| Other amounts receivable | 41 | €1,456 | €2,273 | +€816 | +56.1% |
| Cash at bank and in hand | 54/58 | €13,219 | €8,338 | -€4,881 | -36.9% |
| Deferred charges and accrued income | 490/1 | €0 | €7 | +€7 | |
| Total equity and liabilities | 10/49 | €21,074 | €55,079 | +€34,005 | +161.4% |
| Equity | 10/15 | €8,708 | €28,953 | +€20,245 | +232.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,154 | €23,953 | +€19,799 | +476.7% |
| Distributable reserves | 133 | €4,154 | €23,953 | +€19,799 | +476.7% |
| Profit (loss) carried forward | 14 | -€446 | €0 | +€446 | |
| Amounts payable | 17/49 | €12,366 | €26,126 | +€13,760 | +111.3% |
| Amounts payable within one year | 42/48 | €11,800 | €26,059 | +€14,259 | +120.8% |
| Trade debts | 44 | €1,905 | €10,781 | +€8,876 | +466.1% |
| Suppliers | 440/4 | €1,905 | €10,781 | +€8,876 | +466.1% |
| Taxes, remuneration and social security | 45 | €9,896 | €15,278 | +€5,382 | +54.4% |
| Taxes | 450/3 | €4,924 | €13,153 | +€8,228 | +167.1% |
| Remuneration and social security | 454/9 | €4,972 | €2,125 | -€2,846 | -57.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €566 | €67 | -€499 | -88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €113 | +€113 | |
| Other operating charges | 640/8 | €119 | €467 | +€348 | +293.2% |
| Gross operating margin | 9900 | €963 | €27,121 | +€26,158 | +2715.4% |
| Operating profit (loss) | 9901 | €845 | €26,541 | +€25,696 | +3042.3% |
| Financial income | 75/76B | €44 | €101 | +€57 | +128.9% |
| Recurring financial income | 75 | €44 | €101 | +€57 | +128.9% |
| Financial charges | 65/66B | €59 | €70 | +€12 | +20.4% |
| Recurring financial charges | 65 | €59 | €70 | +€12 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €830 | €26,571 | +€25,741 | +3100.4% |
| Income taxes | 67/77 | €1,276 | €6,327 | +€5,051 | +395.8% |
| Profit (loss) for the period | 9904 | -€446 | €20,245 | +€20,691 | |
| Profit (loss) for the period to be appropriated | 9905 | -€446 | €20,245 | +€20,691 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.