A.E.K. Le Page: 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.
A.E.K. Le Page
Largest movements
- Tangible fixed assets -€5,313
down €5,313 (-16.0%), from €33,162 to €27,849
of which Furniture and vehicles: -€4,921
- Receivables within one year +€4,947
up €4,947 (+198%), from €2,494 to €7,441
of which Trade receivables: +€4,441
- Stocks and contracts +€4,237
up €4,237 (+38.3%), from €11,056 to €15,293
- Cash +€2,677
up €2,677 (+32.8%), from €8,167 to €10,844
mainly Net result for the year (+€7,800) and Trade debts (+€5,465)
- Debts after one year -€7,452
down €7,452 (-39.1%), from €19,050 to €11,598
- Trade debts +€5,465
up €5,465 (+253%), from €2,161 to €7,626
- Profit (loss) carried forward +€5,300
up €5,300 (+27.5%), from €19,268 to €24,568
- Other debts +€2,500
new in 2025: €2,500
- Current portion of long-term debt +€1,907
up €1,907 (+26.4%), from €7,236 to €9,143
- Gross operating margin -€1,579
down €1,579 (-8.3%), from €18,931 to €17,352
- Taxes -€514
down €514 (-15.1%), from €3,404 to €2,890
- Financial charges -€233
down €233 (-22.3%), from €1,044 to €811
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 | €55,615 | €62,435 | +€6,820 | +12.3% |
| Fixed assets | 21/28 | €33,162 | €27,849 | -€5,313 | -16.0% |
| Tangible fixed assets | 22/27 | €33,162 | €27,849 | -€5,313 | -16.0% |
| Plant, machinery and equipment | 23 | €1,174 | €782 | -€392 | -33.4% |
| Furniture and vehicles | 24 | €31,988 | €27,067 | -€4,921 | -15.4% |
| Current assets | 29/58 | €22,453 | €34,586 | +€12,133 | +54.0% |
| Stocks and contracts in progress | 3 | €11,056 | €15,293 | +€4,237 | +38.3% |
| Stocks | 30/36 | €11,056 | €15,293 | +€4,237 | +38.3% |
| Amounts receivable within one year | 40/41 | €2,494 | €7,441 | +€4,947 | +198% |
| Trade receivables | 40 | €379 | €4,820 | +€4,441 | +1,172% |
| Other amounts receivable | 41 | €2,115 | €2,621 | +€506 | +23.9% |
| Cash at bank and in hand | 54/58 | €8,167 | €10,844 | +€2,677 | +32.8% |
| Deferred charges and accrued income | 490/1 | €736 | €1,008 | +€272 | +37.0% |
| Total equity and liabilities | 10/49 | €55,615 | €62,435 | +€6,820 | +12.3% |
| Equity | 10/15 | €26,268 | €31,568 | +€5,300 | +20.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,268 | €24,568 | +€5,300 | +27.5% |
| Amounts payable | 17/49 | €29,347 | €30,867 | +€1,520 | +5.2% |
| Amounts payable after more than one year | 17 | €19,050 | €11,598 | -€7,452 | -39.1% |
| Financial debts | 170/4 | €19,050 | €11,598 | -€7,452 | -39.1% |
| Amounts payable within one year | 42/48 | €10,297 | €19,269 | +€8,972 | +87.1% |
| Current portion of amounts payable after more than one year | 42 | €7,236 | €9,143 | +€1,907 | +26.4% |
| Trade debts | 44 | €2,161 | €7,626 | +€5,465 | +253% |
| Suppliers | 440/4 | €2,161 | €7,626 | +€5,465 | +253% |
| Taxes, remuneration and social security | 45 | €900 | - | -€900 | |
| Taxes | 450/3 | €900 | - | -€900 | |
| Other amounts payable | 47/48 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,313 | €5,313 | = | 0.0% |
| Other operating charges | 640/8 | €536 | €581 | +€45 | +8.4% |
| Gross operating margin | 9900 | €18,931 | €17,352 | -€1,579 | -8.3% |
| Operating profit (loss) | 9901 | €13,082 | €11,458 | -€1,624 | -12.4% |
| Financial income | 75/76B | €54 | €43 | -€11 | -20.4% |
| Recurring financial income | 75 | €54 | €43 | -€11 | -20.4% |
| Financial charges | 65/66B | €1,044 | €811 | -€233 | -22.3% |
| Recurring financial charges | 65 | €1,044 | €811 | -€233 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €12,092 | €10,690 | -€1,402 | -11.6% |
| Income taxes | 67/77 | €3,404 | €2,890 | -€514 | -15.1% |
| Profit (loss) for the period | 9904 | €8,688 | €7,800 | -€888 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,688 | €7,800 | -€888 | -10.2% |
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 15 October 2026 via checked.be.