LGT-Concepts: 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.
LGT-Concepts
Largest movements
- Tangible fixed assets -€4,279
down €4,279 (-14.4%), from €29,716 to €25,437
of which Leasing and similar rights: -€4,241
- Receivables within one year +€1,503
up €1,503 (+8.5%), from €17,742 to €19,245
of which Other amounts receivable: +€1,135
- Cash +€1,273
up €1,273 (+62.8%), from €2,028 to €3,301
mainly Depreciation (+€4,279) and Trade debts (+€2,462)
- Deferred charges and accrued income +€715
up €715 (+33.3%), from €2,148 to €2,863
- Profit (loss) carried forward -€3,245
down €3,245 (-14,109%), from -€23 to -€3,268
- Trade debts +€2,462
up €2,462 (+92.7%), from €2,657 to €5,119
- Other debts +€2,394
up €2,394 (+11.5%), from €20,816 to €23,210
- Debts after one year -€1,986
down €1,986 (-11.5%), from €17,208 to €15,222
- Current portion of long-term debt -€1,067
down €1,067 (-24.7%), from €4,321 to €3,254
- Provisions -€4,286
no longer reported in 2025 (was €4,286)
- Depreciation +€3,832
up €3,832 (+857%), from €447 to €4,279
- Gross operating margin +€2,522
up €2,522 (+2,102%), from €120 to €2,642
- Financial charges +€1,157
up €1,157 (+689%), from €168 to €1,325
- Other operating charges -€51
down €51 (-29.1%), from €175 to €124
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 | €61,959 | €61,227 | -€732 | -1.2% |
| Fixed assets | 21/28 | €29,891 | €25,437 | -€4,454 | -14.9% |
| Tangible fixed assets | 22/27 | €29,716 | €25,437 | -€4,279 | -14.4% |
| Plant, machinery and equipment | 23 | €38 | - | -€38 | |
| Leasing and similar rights | 25 | €29,678 | €25,437 | -€4,241 | -14.3% |
| Financial fixed assets | 28 | €175 | - | -€175 | |
| Current assets | 29/58 | €32,068 | €35,790 | +€3,722 | +11.6% |
| Stocks and contracts in progress | 3 | €10,150 | €10,381 | +€231 | +2.3% |
| Stocks | 30/36 | €10,150 | €10,381 | +€231 | +2.3% |
| Amounts receivable within one year | 40/41 | €17,742 | €19,245 | +€1,503 | +8.5% |
| Trade receivables | 40 | €15,462 | €15,830 | +€368 | +2.4% |
| Other amounts receivable | 41 | €2,280 | €3,415 | +€1,135 | +49.8% |
| Cash at bank and in hand | 54/58 | €2,028 | €3,301 | +€1,273 | +62.8% |
| Deferred charges and accrued income | 490/1 | €2,148 | €2,863 | +€715 | +33.3% |
| Total equity and liabilities | 10/49 | €61,959 | €61,227 | -€732 | -1.2% |
| Equity | 10/15 | €16,957 | €13,712 | -€3,245 | -19.1% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €5,780 | €5,780 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,780 | €1,780 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23 | -€3,268 | -€3,245 | -14,109% |
| Amounts payable | 17/49 | €45,002 | €47,515 | +€2,513 | +5.6% |
| Amounts payable after more than one year | 17 | €17,208 | €15,222 | -€1,986 | -11.5% |
| Financial debts | 170/4 | €17,208 | €15,222 | -€1,986 | -11.5% |
| Amounts payable within one year | 42/48 | €27,794 | €32,293 | +€4,499 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €4,321 | €3,254 | -€1,067 | -24.7% |
| Trade debts | 44 | €2,657 | €5,119 | +€2,462 | +92.7% |
| Suppliers | 440/4 | €2,657 | €5,119 | +€2,462 | +92.7% |
| Taxes, remuneration and social security | 45 | - | €710 | +€710 | |
| Taxes | 450/3 | - | €710 | +€710 | |
| Other amounts payable | 47/48 | €20,816 | €23,210 | +€2,394 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €447 | €4,279 | +€3,832 | +857% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,286 | - | -€4,286 | |
| Other operating charges | 640/8 | €175 | €124 | -€51 | -29.1% |
| Non-recurring operating charges | 66A | - | €175 | +€175 | |
| Gross operating margin | 9900 | €120 | €2,642 | +€2,522 | +2,102% |
| Operating profit (loss) | 9901 | -€4,788 | -€1,936 | +€2,852 | +59.6% |
| Financial income | 75/76B | €9 | €19 | +€10 | +111% |
| Recurring financial income | 75 | €9 | €19 | +€10 | +111% |
| Financial charges | 65/66B | €168 | €1,325 | +€1,157 | +689% |
| Recurring financial charges | 65 | €168 | €1,325 | +€1,157 | +689% |
| Profit (loss) for the period before taxes | 9903 | -€4,947 | -€3,242 | +€1,705 | +34.5% |
| Income taxes | 67/77 | - | €3 | +€3 | |
| Profit (loss) for the period | 9904 | -€4,947 | -€3,245 | +€1,702 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,947 | -€3,245 | +€1,702 | +34.4% |
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 19 October 2026 via checked.be.