A LEE: 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 LEE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€141,747
up €141,747 (+34.4%), from -€411,724 to -€269,977
- Debts after one year -€122,836
down €122,836 (-46.0%), from €266,889 to €144,053
of which Other amounts payable: -€107,836
- Trade debts -€21,061
down €21,061 (-74.2%), from €28,366 to €7,305
- Write-downs -€68,584
no longer reported in 2025 (was €68,584)
- Gross operating margin +€9,430
up €9,430 (+7.0%), from €134,423 to €143,853
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 | €1,000,240 | €1,000,022 | -€218 | 0.0% |
| Fixed assets | 21/28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €240 | €22 | -€218 | -90.8% |
| Cash at bank and in hand | 54/58 | €240 | €22 | -€218 | -90.8% |
| Total equity and liabilities | 10/49 | €1,000,240 | €1,000,022 | -€218 | 0.0% |
| Equity | 10/15 | €683,176 | €824,923 | +€141,747 | +20.7% |
| Contributions | 10/11 | €260,500 | €260,500 | = | 0.0% |
| Capital | 10 | €260,500 | €260,500 | = | 0.0% |
| Issued capital | 100 | €260,500 | €260,500 | = | 0.0% |
| Revaluation surpluses | 12 | €834,400 | €834,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€411,724 | -€269,977 | +€141,747 | +34.4% |
| Amounts payable | 17/49 | €317,064 | €175,099 | -€141,965 | -44.8% |
| Amounts payable after more than one year | 17 | €266,889 | €144,053 | -€122,836 | -46.0% |
| Financial debts | 170/4 | €32,860 | €17,860 | -€15,000 | -45.6% |
| Other amounts payable | 178/9 | €234,029 | €126,193 | -€107,836 | -46.1% |
| Amounts payable within one year | 42/48 | €50,175 | €31,046 | -€19,129 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €13,000 | €15,000 | +€2,000 | +15.4% |
| Trade debts | 44 | €28,366 | €7,305 | -€21,061 | -74.2% |
| Suppliers | 440/4 | €28,366 | €7,305 | -€21,061 | -74.2% |
| Taxes, remuneration and social security | 45 | €8,809 | €8,741 | -€68 | -0.8% |
| Taxes | 450/3 | €8,809 | €8,741 | -€68 | -0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €68,584 | - | -€68,584 | |
| Other operating charges | 640/8 | €504 | €1,370 | +€866 | +171.8% |
| Gross operating margin | 9900 | €134,423 | €143,853 | +€9,430 | +7.0% |
| Operating profit (loss) | 9901 | €65,335 | €142,483 | +€77,148 | +118.1% |
| Financial income | 75/76B | €139 | - | -€139 | |
| Recurring financial income | 75 | €139 | - | -€139 | |
| Financial charges | 65/66B | €613 | €736 | +€123 | +20.1% |
| Recurring financial charges | 65 | €613 | €736 | +€123 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | €64,861 | €141,747 | +€76,886 | +118.5% |
| Profit (loss) for the period | 9904 | €64,861 | €141,747 | +€76,886 | +118.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,861 | €141,747 | +€76,886 | +118.5% |
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 11 October 2026 via checked.be.