LGTech: what changed
Two fiscal 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.
LGTech
Largest movements
- Receivables within one year -€151,956
down €151,956 (-22.2%), from €683,781 to €531,825
of which Other amounts receivable: -€126,790
- Tangible fixed assets +€39,780
up €39,780 (+21.6%), from €183,954 to €223,734
of which Furniture and vehicles: +€44,472
- Stocks and contracts -€27,833
down €27,833 (-20.4%), from €136,476 to €108,643
- Other debts -€203,155
down €203,155 (-20.6%), from €984,347 to €781,192
- Trade debts +€96,420
up €96,420 (+35.3%), from €273,291 to €369,711
- Profit (loss) carried forward -€57,635
down €57,635 (-8.7%), from -€665,580 to -€723,215
- Tax, wage and social debts +€17,096
up €17,096 (+7.8%), from €218,786 to €235,882
of which Remuneration and social security: +€9,056
- Staff costs +€159,707
up €159,707 (+16.5%), from €969,206 to €1.1m
- Gross operating margin +€109,926
up €109,926 (+10.0%), from €1.1m to €1.2m
- Financial charges -€16,854
down €16,854 (-48.5%), from €34,727 to €17,873
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 | €1,027,087 | €885,139 | -€141,948 | -13.8% |
| Fixed assets | 21/28 | €184,467 | €223,734 | +€39,267 | +21.3% |
| Intangible fixed assets | 21 | €513 | - | -€513 | |
| Tangible fixed assets | 22/27 | €183,954 | €223,734 | +€39,780 | +21.6% |
| Furniture and vehicles | 24 | €167,336 | €211,808 | +€44,472 | +26.6% |
| Other tangible fixed assets | 26 | €16,618 | €11,926 | -€4,692 | -28.2% |
| Current assets | 29/58 | €842,620 | €661,405 | -€181,215 | -21.5% |
| Stocks and contracts in progress | 3 | €136,476 | €108,643 | -€27,833 | -20.4% |
| Stocks | 30/36 | €136,476 | €108,643 | -€27,833 | -20.4% |
| Amounts receivable within one year | 40/41 | €683,781 | €531,825 | -€151,956 | -22.2% |
| Trade receivables | 40 | €524,036 | €498,870 | -€25,166 | -4.8% |
| Other amounts receivable | 41 | €159,745 | €32,955 | -€126,790 | -79.4% |
| Cash at bank and in hand | 54/58 | €13,097 | €10,868 | -€2,229 | -17.0% |
| Deferred charges and accrued income | 490/1 | €9,266 | €10,069 | +€803 | +8.7% |
| Total equity and liabilities | 10/49 | €1,027,087 | €885,139 | -€141,948 | -13.8% |
| Equity | 10/15 | -€465,580 | -€523,215 | -€57,635 | -12.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€665,580 | -€723,215 | -€57,635 | -8.7% |
| Amounts payable | 17/49 | €1,492,667 | €1,408,354 | -€84,313 | -5.6% |
| Amounts payable within one year | 42/48 | €1,476,424 | €1,386,785 | -€89,639 | -6.1% |
| Trade debts | 44 | €273,291 | €369,711 | +€96,420 | +35.3% |
| Suppliers | 440/4 | €273,291 | €369,711 | +€96,420 | +35.3% |
| Taxes, remuneration and social security | 45 | €218,786 | €235,882 | +€17,096 | +7.8% |
| Taxes | 450/3 | €30,649 | €38,689 | +€8,040 | +26.2% |
| Remuneration and social security | 454/9 | €188,137 | €197,193 | +€9,056 | +4.8% |
| Other amounts payable | 47/48 | €984,347 | €781,192 | -€203,155 | -20.6% |
| Accrued charges and deferred income | 492/3 | €16,243 | €21,569 | +€5,326 | +32.8% |
| Remuneration, social security and pensions | 62 | €969,206 | €1,128,913 | +€159,707 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,143 | €101,492 | +€11,349 | +12.6% |
| Other operating charges | 640/8 | €6,679 | €16,656 | +€9,977 | +149.4% |
| Gross operating margin | 9900 | €1,099,696 | €1,209,622 | +€109,926 | +10.0% |
| Operating profit (loss) | 9901 | €33,668 | -€37,439 | -€71,107 | |
| Financial income | 75/76B | €2,145 | €6 | -€2,139 | -99.7% |
| Recurring financial income | 75 | €2,145 | €6 | -€2,139 | -99.7% |
| Financial charges | 65/66B | €34,727 | €17,873 | -€16,854 | -48.5% |
| Recurring financial charges | 65 | €34,727 | €17,873 | -€16,854 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €1,086 | -€55,306 | -€56,392 | |
| Income taxes | 67/77 | €2,328 | €2,328 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€1,242 | -€57,634 | -€56,392 | -4540.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,242 | -€57,634 | -€56,392 | -4540.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.