LGU Management: 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.
LGU Management
Largest movements
- Cash +€10,706
up €10,706 (+115%), from €9,315 to €20,021
mainly Net result for the year (+€15,221) and Deferred charges and accrued income (+€3,513)
- Deferred charges and accrued income -€3,513
no longer reported in 2025 (was €3,513)
- Current investments -€990
no longer reported in 2025 (was €990)
- Tangible fixed assets -€930
down €930 (-31.3%), from €2,972 to €2,042
of which Plant, machinery and equipment: -€616
- Profit (loss) carried forward +€15,221
up €15,221 (+54.8%), from -€27,779 to -€12,558
- Other debts -€9,043
down €9,043 (-23.4%), from €38,662 to €29,619
- Trade debts -€1,056
down €1,056 (-57.6%), from €1,834 to €778
- Accrued charges and deferred income +€396
up €396 (+53.7%), from €737 to €1,133
- Gross operating margin +€24,868
up €24,868, from -€7,876 to €16,992
- Depreciation -€249
down €249 (-21.1%), from €1,179 to €930
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 | €33,454 | €38,972 | +€5,518 | +16.5% |
| Fixed assets | 21/28 | €2,972 | €2,042 | -€930 | -31.3% |
| Tangible fixed assets | 22/27 | €2,972 | €2,042 | -€930 | -31.3% |
| Plant, machinery and equipment | 23 | €2,164 | €1,548 | -€616 | -28.5% |
| Furniture and vehicles | 24 | €808 | €494 | -€314 | -38.9% |
| Current assets | 29/58 | €30,482 | €36,930 | +€6,448 | +21.2% |
| Stocks and contracts in progress | 3 | €14,560 | €14,476 | -€84 | -0.6% |
| Stocks | 30/36 | €14,560 | €14,476 | -€84 | -0.6% |
| Amounts receivable within one year | 40/41 | €2,104 | €2,433 | +€329 | +15.6% |
| Trade receivables | 40 | €1,719 | €1,799 | +€80 | +4.7% |
| Other amounts receivable | 41 | €385 | €634 | +€249 | +64.7% |
| Current investments | 50/53 | €990 | - | -€990 | |
| Cash at bank and in hand | 54/58 | €9,315 | €20,021 | +€10,706 | +115% |
| Deferred charges and accrued income | 490/1 | €3,513 | - | -€3,513 | |
| Total equity and liabilities | 10/49 | €33,454 | €38,972 | +€5,518 | +16.5% |
| Equity | 10/15 | -€7,779 | €7,442 | +€15,221 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,779 | -€12,558 | +€15,221 | +54.8% |
| Amounts payable | 17/49 | €41,233 | €31,530 | -€9,703 | -23.5% |
| Amounts payable within one year | 42/48 | €40,496 | €30,397 | -€10,099 | -24.9% |
| Trade debts | 44 | €1,834 | €778 | -€1,056 | -57.6% |
| Suppliers | 440/4 | €1,834 | €778 | -€1,056 | -57.6% |
| Other amounts payable | 47/48 | €38,662 | €29,619 | -€9,043 | -23.4% |
| Accrued charges and deferred income | 492/3 | €737 | €1,133 | +€396 | +53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,179 | €930 | -€249 | -21.1% |
| Other operating charges | 640/8 | €753 | €756 | +€3 | +0.4% |
| Gross operating margin | 9900 | -€7,876 | €16,992 | +€24,868 | |
| Operating profit (loss) | 9901 | -€9,808 | €15,306 | +€25,114 | |
| Financial charges | 65/66B | €84 | €85 | +€1 | +1.2% |
| Recurring financial charges | 65 | €84 | €85 | +€1 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,892 | €15,221 | +€25,113 | |
| Profit (loss) for the period | 9904 | -€9,892 | €15,221 | +€25,113 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,892 | €15,221 | +€25,113 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.