LRGC FINANCE: what changed
What changed
LRGC FINANCE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€128,313
2024 · €77,668+€50,645
Equity
€165,698
2024 · €210,333-€44,635
Cash
€221,346
2024 · €127,625+€93,721
Balance sheet total
€342,720
2024 · €293,092+€49,628
Largest movements
Assets
- Cash +€93,721
up €93,721 (+73.4%), from €127,625 to €221,346
mainly Net result for the year (+€128,313) and Other debts (+€95,132)
- Receivables after one year -€45,000
down €45,000 (-33.3%), from €135,000 to €90,000
Equity and liabilities
- Other debts +€95,132
up €95,132 (+122%), from €78,015 to €173,146
- Reserves -€44,635
down €44,635 (-21.5%), from €207,333 to €162,698
Income statement
- Financial income +€49,134
up €49,134 (+932%), from €5,270 to €54,404
- Gross operating margin +€4,760
up €4,760 (+4.8%), from €98,627 to €103,387
- Taxes +€1,617
up €1,617 (+7.6%), from €21,413 to €23,030
- Financial charges +€1,391
up €1,391 (+41.3%), from €3,368 to €4,759
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€77,668
Gross operating margin
+€4,760
Depreciation
-€326
Other operating charges
+€86
Financial income
+€49,134
Financial charges
-€1,391
Taxes
-€1,617
Result 2025
€128,313
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€270,936
Investment
-€4,267
Financing
-€172,948
Cash 2024
€127,625
From operations (derived)
+€270,936
Net result for the year
+€128,313
Depreciation
+€987
Receivables after one year
+€45,000
Receivables within one year
+€2,292
Deferred charges and accrued income
+€81
Trade debts
-€1,935
Tax, wage and social debts
+€1,067
Other debts
+€95,132
Investment (derived)
-€4,267
Investment in fixed assets (net)
-€4,267
Financing
-€172,948
Contributions, distributions and other
-€172,948
Cash 2025
€221,346
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €293,092 | €342,720 | +€49,628 | +16.9% |
| Formation expenses | 20 | €18 | - | -€18 | |
| Fixed assets | 21/28 | €22,189 | €25,487 | +€3,298 | +14.9% |
| Tangible fixed assets | 22/27 | €5,239 | €8,537 | +€3,298 | +63.0% |
| Plant, machinery and equipment | 23 | - | €2,715 | +€2,715 | |
| Furniture and vehicles | 24 | €1,350 | €2,352 | +€1,002 | +74.3% |
| Other tangible fixed assets | 26 | €3,889 | €3,469 | -€420 | -10.8% |
| Financial fixed assets | 28 | €16,950 | €16,950 | = | 0.0% |
| Current assets | 29/58 | €270,885 | €317,234 | +€46,349 | +17.1% |
| Amounts receivable after more than one year | 29 | €135,000 | €90,000 | -€45,000 | -33.3% |
| Other amounts receivable | 291 | €135,000 | €90,000 | -€45,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €7,072 | €4,780 | -€2,292 | -32.4% |
| Other amounts receivable | 41 | €7,072 | €4,780 | -€2,292 | -32.4% |
| Cash at bank and in hand | 54/58 | €127,625 | €221,346 | +€93,721 | +73.4% |
| Deferred charges and accrued income | 490/1 | €1,188 | €1,107 | -€81 | -6.8% |
| Total equity and liabilities | 10/49 | €293,092 | €342,720 | +€49,628 | +16.9% |
| Equity | 10/15 | €210,333 | €165,698 | -€44,635 | -21.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €207,333 | €162,698 | -€44,635 | -21.5% |
| Distributable reserves | 133 | €207,333 | €162,698 | -€44,635 | -21.5% |
| Amounts payable | 17/49 | €82,759 | €177,022 | +€94,263 | +114% |
| Amounts payable within one year | 42/48 | €82,759 | €177,022 | +€94,263 | +114% |
| Trade debts | 44 | €3,832 | €1,897 | -€1,935 | -50.5% |
| Suppliers | 440/4 | €3,832 | €1,897 | -€1,935 | -50.5% |
| Taxes, remuneration and social security | 45 | €913 | €1,979 | +€1,067 | +117% |
| Taxes | 450/3 | €913 | €1,979 | +€1,067 | +117% |
| Other amounts payable | 47/48 | €78,015 | €173,146 | +€95,132 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €661 | €987 | +€326 | +49.4% |
| Other operating charges | 640/8 | €787 | €701 | -€86 | -10.9% |
| Gross operating margin | 9900 | €98,627 | €103,387 | +€4,760 | +4.8% |
| Operating profit (loss) | 9901 | €97,179 | €101,699 | +€4,520 | +4.7% |
| Financial income | 75/76B | €5,270 | €54,404 | +€49,134 | +932% |
| Recurring financial income | 75 | €5,270 | €54,404 | +€49,134 | +932% |
| Financial charges | 65/66B | €3,368 | €4,759 | +€1,391 | +41.3% |
| Recurring financial charges | 65 | €3,368 | €4,759 | +€1,391 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | €99,081 | €151,343 | +€52,263 | +52.7% |
| Income taxes | 67/77 | €21,413 | €23,030 | +€1,617 | +7.6% |
| Profit (loss) for the period | 9904 | €77,668 | €128,313 | +€50,645 | +65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €77,668 | €128,313 | +€50,645 | +65.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.