LRGS: 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.
LRGS
Largest movements
- Receivables within one year +€40,425
up €40,425 (+354.2%), from €11,412 to €51,836
of which Other amounts receivable: +€31,161
- Cash +€4,350
up €4,350 (+10.0%), from €43,493 to €47,843
mainly Net result for the year (+€34,292) and Tax, wage and social debts (+€5,476)
- Reserves +€34,292
up €34,292 (+70.9%), from €48,334 to €82,626
- Tax, wage and social debts +€5,476
up €5,476 (+178.0%), from €3,077 to €8,554
- Trade debts +€5,075
up €5,075 (+549.1%), from €924 to €5,999
- Gross operating margin -€19,872
down €19,872 (-29.3%), from €67,794 to €47,922
- Taxes -€5,623
down €5,623 (-29.4%), from €19,101 to €13,477
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 | €54,904 | €99,679 | +€44,775 | +81.6% |
| Current assets | 29/58 | €54,904 | €99,679 | +€44,775 | +81.6% |
| Amounts receivable within one year | 40/41 | €11,412 | €51,836 | +€40,425 | +354.2% |
| Trade receivables | 40 | €8,066 | €17,330 | +€9,264 | +114.8% |
| Other amounts receivable | 41 | €3,345 | €34,506 | +€31,161 | +931.5% |
| Cash at bank and in hand | 54/58 | €43,493 | €47,843 | +€4,350 | +10.0% |
| Total equity and liabilities | 10/49 | €54,904 | €99,679 | +€44,775 | +81.6% |
| Equity | 10/15 | €50,834 | €85,126 | +€34,292 | +67.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €48,334 | €82,626 | +€34,292 | +70.9% |
| Distributable reserves | 133 | €48,334 | €82,626 | +€34,292 | +70.9% |
| Amounts payable | 17/49 | €4,070 | €14,553 | +€10,482 | +257.5% |
| Amounts payable within one year | 42/48 | €4,070 | €14,553 | +€10,482 | +257.5% |
| Trade debts | 44 | €924 | €5,999 | +€5,075 | +549.1% |
| Suppliers | 440/4 | €924 | €5,999 | +€5,075 | +549.1% |
| Taxes, remuneration and social security | 45 | €3,077 | €8,554 | +€5,476 | +178.0% |
| Taxes | 450/3 | €3,077 | €8,554 | +€5,476 | +178.0% |
| Other amounts payable | 47/48 | €69 | - | -€69 | |
| Other operating charges | 640/8 | €45 | €29 | -€16 | -36.0% |
| Gross operating margin | 9900 | €67,794 | €47,922 | -€19,872 | -29.3% |
| Operating profit (loss) | 9901 | €67,750 | €47,894 | -€19,856 | -29.3% |
| Financial income | 75/76B | €1 | €2 | +€1 | +72.4% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +72.4% |
| Financial charges | 65/66B | €316 | €126 | -€190 | -60.1% |
| Recurring financial charges | 65 | €316 | €126 | -€190 | -60.1% |
| Profit (loss) for the period before taxes | 9903 | €67,435 | €47,770 | -€19,665 | -29.2% |
| Income taxes | 67/77 | €19,101 | €13,477 | -€5,623 | -29.4% |
| Profit (loss) for the period | 9904 | €48,334 | €34,292 | -€14,042 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,334 | €34,292 | -€14,042 | -29.1% |
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 2 October 2026 via checked.be.