Cedric Lefebvre Technology: 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.
Cedric Lefebvre Technology
Largest movements
- Cash +€23,902
up €23,902 (+25.4%), from €94,127 to €118,029
mainly Net result for the year (+€50,468) and Other debts (+€38,306)
- Receivables within one year +€3,468
up €3,468 (+12.9%), from €26,823 to €30,290
of which Other amounts receivable: +€14,366
- Other debts +€38,306
up €38,306 (+103%), from €37,062 to €75,369
- Reserves -€30,000
down €30,000 (-100%), from €30,000 to €0
- Tax, wage and social debts +€28,377
up €28,377 (+83.4%), from €34,012 to €62,389
of which Taxes: +€28,377
- Profit (loss) carried forward -€8,201
down €8,201 (-100%), from €8,201 to €0
- Gross operating margin -€4,722
down €4,722 (-6.5%), from €72,811 to €68,088
- Financial income +€792
up €792, from €0 to €792
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 | €126,140 | €153,531 | +€27,392 | +21.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,345 | €2,019 | -€1,326 | -39.6% |
| Tangible fixed assets | 22/27 | €3,345 | €2,019 | -€1,326 | -39.6% |
| Plant, machinery and equipment | 23 | €3,345 | €2,019 | -€1,326 | -39.6% |
| Current assets | 29/58 | €122,794 | €151,512 | +€28,718 | +23.4% |
| Amounts receivable within one year | 40/41 | €26,823 | €30,290 | +€3,468 | +12.9% |
| Trade receivables | 40 | €26,823 | €15,924 | -€10,899 | -40.6% |
| Other amounts receivable | 41 | €0 | €14,366 | +€14,366 | |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €94,127 | €118,029 | +€23,902 | +25.4% |
| Deferred charges and accrued income | 490/1 | €1,845 | €3,193 | +€1,348 | +73.1% |
| Total equity and liabilities | 10/49 | €126,140 | €153,531 | +€27,392 | +21.7% |
| Equity | 10/15 | €53,201 | €15,000 | -€38,201 | -71.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €0 | -€30,000 | -100% |
| Distributable reserves | 133 | €30,000 | €0 | -€30,000 | -100% |
| Profit (loss) carried forward | 14 | €8,201 | €0 | -€8,201 | -100% |
| Amounts payable | 17/49 | €72,939 | €138,531 | +€65,592 | +89.9% |
| Amounts payable within one year | 42/48 | €71,860 | €138,497 | +€66,637 | +92.7% |
| Trade debts | 44 | €785 | €739 | -€46 | -5.9% |
| Suppliers | 440/4 | €785 | €739 | -€46 | -5.9% |
| Taxes, remuneration and social security | 45 | €34,012 | €62,389 | +€28,377 | +83.4% |
| Taxes | 450/3 | €34,012 | €62,389 | +€28,377 | +83.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €37,062 | €75,369 | +€38,306 | +103% |
| Accrued charges and deferred income | 492/3 | €1,079 | €34 | -€1,045 | -96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,312 | €1,326 | +€14 | +1.1% |
| Other operating charges | 640/8 | €1,142 | €1,297 | +€155 | +13.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €72,811 | €68,088 | -€4,722 | -6.5% |
| Operating profit (loss) | 9901 | €70,357 | €65,466 | -€4,892 | -7.0% |
| Financial income | 75/76B | €0 | €792 | +€792 | |
| Recurring financial income | 75 | €0 | €792 | +€792 | |
| Financial charges | 65/66B | €1,272 | €1,232 | -€40 | -3.2% |
| Recurring financial charges | 65 | €1,272 | €1,232 | -€40 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €69,085 | €65,026 | -€4,060 | -5.9% |
| Income taxes | 67/77 | €14,408 | €14,557 | +€150 | +1.0% |
| Profit (loss) for the period | 9904 | €54,678 | €50,468 | -€4,209 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,678 | €50,468 | -€4,209 | -7.7% |
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 14 October 2026 via checked.be.