Counye Lenz: what changed
Counye Lenz
Largest movements
- Cash -€46,082
down €46,082 (-28.4%), from €162,048 to €115,966
mainly Receivables within one year (-€27,200) and Contributions, distributions and other (-€15,000)
- Receivables within one year +€27,200
up €27,200 (+49.5%), from €55,004 to €82,204
of which Trade receivables: +€34,935
- Deferred charges and accrued income +€8,448
up €8,448 (+1,523%), from €555 to €9,002
- Tangible fixed assets +€6,467
up €6,467 (+2.6%), from €247,029 to €253,497
of which Land and buildings: +€6,467
- Reserves -€27,993
down €27,993 (-10.3%), from €272,174 to €244,181
of which Distributable reserves: -€27,993
- Trade debts +€20,061
up €20,061 (+225%), from €8,921 to €28,982
- Other debts +€9,082
up €9,082 (+151%), from €6,020 to €15,102
- Debts after one year -€8,358
down €8,358 (-5.5%), from €151,956 to €143,598
- Staff costs -€75,710
down €75,710 (-66.7%), from €113,530 to €37,820
- Gross operating margin -€71,815
down €71,815 (-62.2%), from €115,481 to €43,667
- Depreciation +€9,390
up €9,390 (+1,046%), from €898 to €10,288
- Financial charges +€3,545
up €3,545 (+82.6%), from €4,294 to €7,838
- Other operating charges -€1,485
down €1,485 (-71.1%), from €2,088 to €603
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €466,947 | €460,669 | -€6,278 | -1.3% |
| Fixed assets | 21/28 | €249,341 | €253,497 | +€4,156 | +1.7% |
| Tangible fixed assets | 22/27 | €247,029 | €253,497 | +€6,467 | +2.6% |
| Land and buildings | 22 | €247,029 | €253,497 | +€6,467 | +2.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €2,312 | €0 | -€2,312 | -100% |
| Current assets | 29/58 | €217,606 | €207,172 | -€10,434 | -4.8% |
| Amounts receivable within one year | 40/41 | €55,004 | €82,204 | +€27,200 | +49.5% |
| Trade receivables | 40 | €47,269 | €82,204 | +€34,935 | +73.9% |
| Other amounts receivable | 41 | €7,735 | €0 | -€7,735 | -100% |
| Cash at bank and in hand | 54/58 | €162,048 | €115,966 | -€46,082 | -28.4% |
| Deferred charges and accrued income | 490/1 | €555 | €9,002 | +€8,448 | +1,523% |
| Total equity and liabilities | 10/49 | €466,947 | €460,669 | -€6,278 | -1.3% |
| Equity | 10/15 | €290,774 | €262,781 | -€27,993 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €272,174 | €244,181 | -€27,993 | -10.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €270,314 | €242,321 | -€27,993 | -10.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €176,174 | €197,889 | +€21,715 | +12.3% |
| Amounts payable after more than one year | 17 | €151,956 | €143,598 | -€8,358 | -5.5% |
| Financial debts | 170/4 | €151,956 | €143,598 | -€8,358 | -5.5% |
| Amounts payable within one year | 42/48 | €23,437 | €54,290 | +€30,853 | +132% |
| Current portion of amounts payable after more than one year | 42 | €8,044 | €8,358 | +€315 | +3.9% |
| Trade debts | 44 | €8,921 | €28,982 | +€20,061 | +225% |
| Suppliers | 440/4 | €8,921 | €28,982 | +€20,061 | +225% |
| Taxes, remuneration and social security | 45 | €452 | €1,848 | +€1,396 | +308% |
| Taxes | 450/3 | €452 | €1,848 | +€1,396 | +308% |
| Other amounts payable | 47/48 | €6,020 | €15,102 | +€9,082 | +151% |
| Accrued charges and deferred income | 492/3 | €780 | €0 | -€780 | -100% |
| Remuneration, social security and pensions | 62 | €113,530 | €37,820 | -€75,710 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €898 | €10,288 | +€9,390 | +1,046% |
| Other operating charges | 640/8 | €2,088 | €603 | -€1,485 | -71.1% |
| Non-recurring operating charges | 66A | €837 | €115 | -€722 | -86.3% |
| Gross operating margin | 9900 | €115,481 | €43,667 | -€71,815 | -62.2% |
| Operating profit (loss) | 9901 | -€1,872 | -€5,160 | -€3,288 | -176% |
| Financial income | 75/76B | €209 | €5 | -€204 | -97.8% |
| Recurring financial income | 75 | €209 | €5 | -€204 | -97.8% |
| Financial charges | 65/66B | €4,294 | €7,838 | +€3,545 | +82.6% |
| Recurring financial charges | 65 | €4,294 | €7,838 | +€3,545 | +82.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,957 | -€12,993 | -€7,036 | -118% |
| Income taxes | 67/77 | €202 | €0 | -€202 | -100% |
| Profit (loss) for the period | 9904 | -€6,159 | -€12,993 | -€6,834 | -111% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,159 | -€12,993 | -€6,834 | -111% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.