Lgx-group: 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.
Lgx-group
Largest movements
- Cash +€22,106
up €22,106 (+47.1%), from €46,930 to €69,036
mainly Net result for the year (+€49,170) and Tax, wage and social debts (+€6,606)
- Receivables within one year -€2,946
down €2,946 (-17.3%), from €17,040 to €14,094
of which Other amounts receivable: -€3,773
- Reserves +€48,624
up €48,624 (+346%), from €14,072 to €62,696
- Trade debts -€38,986
down €38,986 (-92.3%), from €42,236 to €3,249
- Tax, wage and social debts +€6,606
up €6,606 (+1,132%), from €583 to €7,190
- Current portion of long-term debt +€5,870
new in 2025: €5,870
- Other debts -€2,977
down €2,977 (-52.6%), from €5,665 to €2,688
- Gross operating margin +€67,181
up €67,181 (+2,177%), from €3,085 to €70,267
- Taxes +€16,971
up €16,971 (+6,868%), from €247 to €17,218
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 | €65,009 | €84,692 | +€19,683 | +30.3% |
| Fixed assets | 21/28 | €1,039 | €1,562 | +€523 | +50.4% |
| Tangible fixed assets | 22/27 | €1,039 | €1,562 | +€523 | +50.4% |
| Plant, machinery and equipment | 23 | €1,039 | €1,562 | +€523 | +50.4% |
| Current assets | 29/58 | €63,970 | €83,130 | +€19,160 | +30.0% |
| Amounts receivable within one year | 40/41 | €17,040 | €14,094 | -€2,946 | -17.3% |
| Trade receivables | 40 | €10,217 | €11,043 | +€827 | +8.1% |
| Other amounts receivable | 41 | €6,823 | €3,051 | -€3,773 | -55.3% |
| Cash at bank and in hand | 54/58 | €46,930 | €69,036 | +€22,106 | +47.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €65,009 | €84,692 | +€19,683 | +30.3% |
| Equity | 10/15 | €16,525 | €65,696 | +€49,170 | +298% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,072 | €62,696 | +€48,624 | +346% |
| Distributable reserves | 133 | €14,072 | €62,696 | +€48,624 | +346% |
| Profit (loss) carried forward | 14 | -€547 | €0 | +€547 | |
| Amounts payable | 17/49 | €48,484 | €18,996 | -€29,487 | -60.8% |
| Amounts payable within one year | 42/48 | €48,484 | €18,996 | -€29,487 | -60.8% |
| Current portion of amounts payable after more than one year | 42 | - | €5,870 | +€5,870 | |
| Trade debts | 44 | €42,236 | €3,249 | -€38,986 | -92.3% |
| Suppliers | 440/4 | €42,236 | €3,249 | -€38,986 | -92.3% |
| Taxes, remuneration and social security | 45 | €583 | €7,190 | +€6,606 | +1,132% |
| Taxes | 450/3 | €583 | €7,190 | +€6,606 | +1,132% |
| Other amounts payable | 47/48 | €5,665 | €2,688 | -€2,977 | -52.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298 | €450 | +€152 | +51.2% |
| Other operating charges | 640/8 | - | €340 | +€340 | |
| Gross operating margin | 9900 | €3,085 | €70,267 | +€67,181 | +2,177% |
| Operating profit (loss) | 9901 | €2,788 | €69,477 | +€66,689 | +2,392% |
| Financial income | 75/76B | €381 | €94 | -€287 | -75.3% |
| Recurring financial income | 75 | €381 | €94 | -€287 | -75.3% |
| Financial charges | 65/66B | €3,468 | €3,183 | -€286 | -8.2% |
| Recurring financial charges | 65 | €3,468 | €3,183 | -€286 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€300 | €66,388 | +€66,688 | |
| Income taxes | 67/77 | €247 | €17,218 | +€16,971 | +6,868% |
| Profit (loss) for the period | 9904 | -€547 | €49,170 | +€49,717 | |
| Profit (loss) for the period to be appropriated | 9905 | -€547 | €49,170 | +€49,717 |
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 27 October 2026 via checked.be.