LRG BOUW: 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.
LRG BOUW
Largest movements
- Receivables within one year -€8,017
down €8,017 (-87.6%), from €9,148 to €1,131
of which Trade receivables: -€8,158
- Tangible fixed assets -€5,267
down €5,267 (-35.6%), from €14,802 to €9,535
of which Furniture and vehicles: -€4,356
- Receivables after one year +€2,188
up €2,188 (+22.8%), from €9,587 to €11,775
- Cash +€2,066
up €2,066 (+94.8%), from €2,180 to €4,246
mainly Receivables within one year (+€8,017) and Depreciation (+€5,267)
- Debts after one year -€4,257
down €4,257 (-39.6%), from €10,751 to €6,494
- Profit (loss) carried forward +€3,732
up €3,732 (+37.7%), from -€9,907 to -€6,175
- Tax, wage and social debts -€3,688
down €3,688 (-62.6%), from €5,891 to €2,203
- Trade debts -€3,104
down €3,104 (-72.5%), from €4,283 to €1,179
- Advances received -€1,750
no longer reported in 2025 (was €1,750)
- Gross operating margin +€24,763
up €24,763, from -€14,752 to €10,011
- Financial charges +€361
up €361 (+56.1%), from €644 to €1,005
- Other operating charges -€343
down €343 (-65.1%), from €527 to €184
- Depreciation -€179
down €179 (-3.3%), from €5,446 to €5,267
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 | €36,481 | €27,667 | -€8,814 | -24.2% |
| Fixed assets | 21/28 | €15,537 | €10,270 | -€5,267 | -33.9% |
| Tangible fixed assets | 22/27 | €14,802 | €9,535 | -€5,267 | -35.6% |
| Plant, machinery and equipment | 23 | €1,006 | €95 | -€911 | -90.6% |
| Furniture and vehicles | 24 | €13,796 | €9,440 | -€4,356 | -31.6% |
| Financial fixed assets | 28 | €735 | €735 | = | 0.0% |
| Current assets | 29/58 | €20,944 | €17,397 | -€3,547 | -16.9% |
| Amounts receivable after more than one year | 29 | €9,587 | €11,775 | +€2,188 | +22.8% |
| Other amounts receivable | 291 | €9,587 | €11,775 | +€2,188 | +22.8% |
| Amounts receivable within one year | 40/41 | €9,148 | €1,131 | -€8,017 | -87.6% |
| Trade receivables | 40 | €8,158 | - | -€8,158 | |
| Other amounts receivable | 41 | €990 | €1,131 | +€141 | +14.2% |
| Cash at bank and in hand | 54/58 | €2,180 | €4,246 | +€2,066 | +94.8% |
| Deferred charges and accrued income | 490/1 | €29 | €245 | +€216 | +745% |
| Total equity and liabilities | 10/49 | €36,481 | €27,667 | -€8,814 | -24.2% |
| Equity | 10/15 | €11,629 | €15,361 | +€3,732 | +32.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,536 | €18,536 | = | 0.0% |
| Distributable reserves | 133 | €18,536 | €18,536 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,907 | -€6,175 | +€3,732 | +37.7% |
| Amounts payable | 17/49 | €24,852 | €12,306 | -€12,546 | -50.5% |
| Amounts payable after more than one year | 17 | €10,751 | €6,494 | -€4,257 | -39.6% |
| Financial debts | 170/4 | €10,751 | €6,494 | -€4,257 | -39.6% |
| Amounts payable within one year | 42/48 | €14,101 | €5,812 | -€8,289 | -58.8% |
| Current portion of amounts payable after more than one year | 42 | €2,177 | €2,430 | +€253 | +11.6% |
| Trade debts | 44 | €4,283 | €1,179 | -€3,104 | -72.5% |
| Suppliers | 440/4 | €4,283 | €1,179 | -€3,104 | -72.5% |
| Advances received on contracts in progress | 46 | €1,750 | - | -€1,750 | |
| Taxes, remuneration and social security | 45 | €5,891 | €2,203 | -€3,688 | -62.6% |
| Taxes | 450/3 | €5,891 | €2,203 | -€3,688 | -62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,446 | €5,267 | -€179 | -3.3% |
| Other operating charges | 640/8 | €527 | €184 | -€343 | -65.1% |
| Gross operating margin | 9900 | -€14,752 | €10,011 | +€24,763 | |
| Operating profit (loss) | 9901 | -€20,725 | €4,560 | +€25,285 | |
| Financial income | 75/76B | €152 | €177 | +€25 | +16.4% |
| Recurring financial income | 75 | €152 | €177 | +€25 | +16.4% |
| Financial charges | 65/66B | €644 | €1,005 | +€361 | +56.1% |
| Recurring financial charges | 65 | €644 | €1,005 | +€361 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,217 | €3,732 | +€24,949 | |
| Profit (loss) for the period | 9904 | -€21,217 | €3,732 | +€24,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,217 | €3,732 | +€24,949 |
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 26 October 2026 via checked.be.