BRUNO LEFEBURE: 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.
BRUNO LEFEBURE
Largest movements
- Cash -€41,827
down €41,827 (-99.5%), from €42,037 to €211
mainly Trade debts (-€36,500) and Debts after one year (-€31,674)
- Tangible fixed assets -€12,954
down €12,954 (-1.7%), from €752,261 to €739,307
of which Land and buildings: -€27,332
- Trade debts -€36,500
down €36,500 (-41.9%), from €87,073 to €50,573
- Debts after one year -€31,674
down €31,674 (-27.7%), from €114,152 to €82,478
- Staff costs +€23,390
up €23,390 (+218.9%), from €10,686 to €34,076
- Gross operating margin -€16,903
down €16,903 (-16.8%), from €100,461 to €83,558
- Taxes -€10,345
down €10,345 (-84.6%), from €12,223 to €1,878
- Financial charges -€2,327
down €2,327 (-40.0%), from €5,814 to €3,487
- Other operating charges -€1,162
down €1,162 (-18.5%), from €6,263 to €5,102
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 | €814,599 | €752,818 | -€61,781 | -7.6% |
| Fixed assets | 21/28 | €752,561 | €739,607 | -€12,954 | -1.7% |
| Tangible fixed assets | 22/27 | €752,261 | €739,307 | -€12,954 | -1.7% |
| Land and buildings | 22 | €728,983 | €701,651 | -€27,332 | -3.7% |
| Furniture and vehicles | 24 | €23,279 | €37,657 | +€14,378 | +61.8% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €62,037 | €13,211 | -€48,827 | -78.7% |
| Amounts receivable within one year | 40/41 | €20,000 | €13,000 | -€7,000 | -35.0% |
| Other amounts receivable | 41 | €20,000 | €13,000 | -€7,000 | -35.0% |
| Cash at bank and in hand | 54/58 | €42,037 | €211 | -€41,827 | -99.5% |
| Total equity and liabilities | 10/49 | €814,599 | €752,818 | -€61,781 | -7.6% |
| Equity | 10/15 | €607,118 | €608,889 | +€1,771 | +0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €123,860 | €123,860 | = | 0.0% |
| Distributable reserves | 133 | €123,860 | €123,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €470,858 | €472,629 | +€1,771 | +0.4% |
| Amounts payable | 17/49 | €207,480 | €143,929 | -€63,552 | -30.6% |
| Amounts payable after more than one year | 17 | €114,152 | €82,478 | -€31,674 | -27.7% |
| Financial debts | 170/4 | €114,152 | €82,478 | -€31,674 | -27.7% |
| Amounts payable within one year | 42/48 | €93,328 | €61,451 | -€31,877 | -34.2% |
| Financial debts | 43 | - | €559 | +€559 | |
| Credit institutions | 430/8 | - | €559 | +€559 | |
| Trade debts | 44 | €87,073 | €50,573 | -€36,500 | -41.9% |
| Suppliers | 440/4 | €87,073 | €50,573 | -€36,500 | -41.9% |
| Taxes, remuneration and social security | 45 | €6,255 | €10,319 | +€4,064 | +65.0% |
| Taxes | 450/3 | €6,255 | €10,319 | +€4,064 | +65.0% |
| Remuneration, social security and pensions | 62 | €10,686 | €34,076 | +€23,390 | +218.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,262 | €37,243 | -€18 | 0.0% |
| Other operating charges | 640/8 | €6,263 | €5,102 | -€1,162 | -18.5% |
| Gross operating margin | 9900 | €100,461 | €83,558 | -€16,903 | -16.8% |
| Operating profit (loss) | 9901 | €46,250 | €7,137 | -€39,113 | -84.6% |
| Financial charges | 65/66B | €5,814 | €3,487 | -€2,327 | -40.0% |
| Recurring financial charges | 65 | €5,814 | €3,487 | -€2,327 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €40,436 | €3,649 | -€36,786 | -91.0% |
| Income taxes | 67/77 | €12,223 | €1,878 | -€10,345 | -84.6% |
| Profit (loss) for the period | 9904 | €28,212 | €1,771 | -€26,442 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,212 | €1,771 | -€26,442 | -93.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.