Anne Lejeune: 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.
Anne Lejeune
Largest movements
- Receivables within one year -€53,859
down €53,859 (-97.8%), from €55,062 to €1,203
of which Other amounts receivable: -€53,395
- Cash -€8,537
down €8,537 (-20.1%), from €42,477 to €33,940
mainly Other debts (-€76,335) and Tax, wage and social debts (-€15,738)
- Deferred charges and accrued income -€5,987
down €5,987 (-87.8%), from €6,819 to €832
- Tangible fixed assets +€1,598
up €1,598 (+9.6%), from €16,682 to €18,280
of which Other tangible fixed assets: +€2,988
- Other debts -€76,335
down €76,335 (-85.6%), from €89,184 to €12,849
- Reserves +€30,470
new in 2025: €30,470
- Tax, wage and social debts -€15,738
no longer reported in 2025 (was €15,738)
- Debts after one year -€4,440
down €4,440 (-85.6%), from €5,188 to €748
- Depreciation -€4,911
down €4,911 (-61.1%), from €8,032 to €3,121
- Gross operating margin +€3,362
up €3,362 (+8.1%), from €41,523 to €44,885
- Financial income -€1,943
down €1,943 (-66.5%), from €2,922 to €979
- Taxes +€1,284
up €1,284 (+12.9%), from €9,936 to €11,220
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 | €121,040 | €54,255 | -€66,784 | -55.2% |
| Fixed assets | 21/28 | €16,682 | €18,280 | +€1,598 | +9.6% |
| Tangible fixed assets | 22/27 | €16,682 | €18,280 | +€1,598 | +9.6% |
| Furniture and vehicles | 24 | €2,216 | €826 | -€1,390 | -62.7% |
| Other tangible fixed assets | 26 | €14,466 | €17,454 | +€2,988 | +20.7% |
| Current assets | 29/58 | €104,358 | €35,975 | -€68,383 | -65.5% |
| Amounts receivable within one year | 40/41 | €55,062 | €1,203 | -€53,859 | -97.8% |
| Trade receivables | 40 | €464 | - | -€464 | |
| Other amounts receivable | 41 | €54,598 | €1,203 | -€53,395 | -97.8% |
| Cash at bank and in hand | 54/58 | €42,477 | €33,940 | -€8,537 | -20.1% |
| Deferred charges and accrued income | 490/1 | €6,819 | €832 | -€5,987 | -87.8% |
| Total equity and liabilities | 10/49 | €121,040 | €54,255 | -€66,784 | -55.2% |
| Equity | 10/15 | €4,000 | €34,470 | +€30,470 | +762% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €30,470 | +€30,470 | |
| Distributable reserves | 133 | - | €30,470 | +€30,470 | |
| Amounts payable | 17/49 | €117,040 | €19,785 | -€97,254 | -83.1% |
| Amounts payable after more than one year | 17 | €5,188 | €748 | -€4,440 | -85.6% |
| Financial debts | 170/4 | €5,188 | €748 | -€4,440 | -85.6% |
| Amounts payable within one year | 42/48 | €111,852 | €19,037 | -€92,814 | -83.0% |
| Current portion of amounts payable after more than one year | 42 | €6,929 | €5,720 | -€1,209 | -17.4% |
| Trade debts | 44 | - | €468 | +€468 | |
| Suppliers | 440/4 | - | €468 | +€468 | |
| Taxes, remuneration and social security | 45 | €15,738 | - | -€15,738 | |
| Taxes | 450/3 | €15,738 | - | -€15,738 | |
| Other amounts payable | 47/48 | €89,184 | €12,849 | -€76,335 | -85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,032 | €3,121 | -€4,911 | -61.1% |
| Gross operating margin | 9900 | €41,523 | €44,885 | +€3,362 | +8.1% |
| Operating profit (loss) | 9901 | €33,491 | €41,764 | +€8,274 | +24.7% |
| Financial income | 75/76B | €2,922 | €979 | -€1,943 | -66.5% |
| Recurring financial income | 75 | €2,922 | €979 | -€1,943 | -66.5% |
| Financial charges | 65/66B | €1,319 | €1,053 | -€265 | -20.1% |
| Recurring financial charges | 65 | €1,319 | €1,053 | -€265 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €35,094 | €41,690 | +€6,597 | +18.8% |
| Income taxes | 67/77 | €9,936 | €11,220 | +€1,284 | +12.9% |
| Profit (loss) for the period | 9904 | €25,158 | €30,470 | +€5,312 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,158 | €30,470 | +€5,312 | +21.1% |
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 28 October 2026 via checked.be.