LYGA: 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.
LYGA
Largest movements
- Receivables within one year +€21,001
up €21,001 (+165.1%), from €12,721 to €33,721
of which Trade receivables: +€22,392
- Cash -€14,242
down €14,242 (-98.8%), from €14,409 to €167
mainly Receivables within one year (-€21,001) and Net result for the year (-€18,237)
- Tangible fixed assets +€7,182
up €7,182 (+1702.3%), from €422 to €7,604
- Trade debts +€20,190
up €20,190 (+132.2%), from €15,274 to €35,464
- Other debts +€18,732
up €18,732 (+37.1%), from €50,542 to €69,274
- Profit (loss) carried forward -€18,237
down €18,237 (-36.4%), from -€50,105 to -€68,342
- Tax, wage and social debts -€6,745
down €6,745 (-76.3%), from €8,841 to €2,096
of which Remuneration and social security: -€6,958
- Gross operating margin +€21,802
up €21,802 (+56.6%), from -€38,549 to -€16,746
- Financial charges -€11,042
down €11,042 (-98.6%), from €11,199 to €156
- Other operating charges -€2,506
down €2,506 (-86.2%), from €2,906 to €400
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 | €28,552 | €42,493 | +€13,941 | +48.8% |
| Fixed assets | 21/28 | €1,422 | €8,604 | +€7,182 | +505.1% |
| Tangible fixed assets | 22/27 | €422 | €7,604 | +€7,182 | +1702.3% |
| Furniture and vehicles | 24 | €422 | €7,604 | +€7,182 | +1702.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €27,130 | €33,888 | +€6,759 | +24.9% |
| Amounts receivable within one year | 40/41 | €12,721 | €33,721 | +€21,001 | +165.1% |
| Trade receivables | 40 | €10,529 | €32,921 | +€22,392 | +212.7% |
| Other amounts receivable | 41 | €2,191 | €801 | -€1,391 | -63.5% |
| Cash at bank and in hand | 54/58 | €14,409 | €167 | -€14,242 | -98.8% |
| Total equity and liabilities | 10/49 | €28,552 | €42,493 | +€13,941 | +48.8% |
| Equity | 10/15 | -€46,105 | -€64,342 | -€18,237 | -39.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,105 | -€68,342 | -€18,237 | -36.4% |
| Amounts payable | 17/49 | €74,657 | €106,834 | +€32,178 | +43.1% |
| Amounts payable within one year | 42/48 | €74,657 | €106,834 | +€32,178 | +43.1% |
| Trade debts | 44 | €15,274 | €35,464 | +€20,190 | +132.2% |
| Suppliers | 440/4 | €15,274 | €35,464 | +€20,190 | +132.2% |
| Taxes, remuneration and social security | 45 | €8,841 | €2,096 | -€6,745 | -76.3% |
| Taxes | 450/3 | €1,883 | €2,096 | +€213 | +11.3% |
| Remuneration and social security | 454/9 | €6,958 | - | -€6,958 | |
| Other amounts payable | 47/48 | €50,542 | €69,274 | +€18,732 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €349 | €722 | +€372 | +106.5% |
| Other operating charges | 640/8 | €2,906 | €400 | -€2,506 | -86.2% |
| Gross operating margin | 9900 | -€38,549 | -€16,746 | +€21,802 | +56.6% |
| Operating profit (loss) | 9901 | -€41,804 | -€17,868 | +€23,936 | +57.3% |
| Financial charges | 65/66B | €11,199 | €156 | -€11,042 | -98.6% |
| Recurring financial charges | 65 | €11,199 | €156 | -€11,042 | -98.6% |
| Profit (loss) for the period before taxes | 9903 | -€53,002 | -€18,024 | +€34,979 | +66.0% |
| Income taxes | 67/77 | - | €213 | +€213 | |
| Profit (loss) for the period | 9904 | -€53,002 | -€18,237 | +€34,766 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,002 | -€18,237 | +€34,766 | +65.6% |
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 7 October 2026 via checked.be.