DE LECTO ET SEDE: what changed
DE LECTO ET SEDE
Largest movements
- Tangible fixed assets -€23,658
down €23,658 (-34.2%), from €69,240 to €45,582
- Cash +€11,670
up €11,670 (+23.6%), from €49,462 to €61,132
mainly Depreciation (+€23,658) and Contributions, distributions and other (+€2,369)
- Profit (loss) carried forward -€5,160
down €5,160, from €67 to -€5,092
- Other debts -€3,149
down €3,149 (-4.6%), from €67,869 to €64,721
- Tax, wage and social debts -€2,910
down €2,910 (-83.2%), from €3,500 to €590
- Trade debts -€2,534
down €2,534 (-98.7%), from €2,568 to €34
- Reserves +€2,400
up €2,400 (+6.8%), from €35,210 to €37,610
- Gross operating margin -€16,720
down €16,720 (-45.5%), from €36,750 to €20,030
- Taxes -€3,203
down €3,203 (-92.1%), from €3,479 to €276
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 | €119,214 | €107,862 | -€11,353 | -9.5% |
| Fixed assets | 21/28 | €69,240 | €45,582 | -€23,658 | -34.2% |
| Tangible fixed assets | 22/27 | €69,240 | €45,582 | -€23,658 | -34.2% |
| Furniture and vehicles | 24 | €69,240 | €45,582 | -€23,658 | -34.2% |
| Current assets | 29/58 | €49,975 | €62,280 | +€12,305 | +24.6% |
| Amounts receivable within one year | 40/41 | €513 | €1,148 | +€634 | +124% |
| Trade receivables | 40 | - | €908 | +€908 | |
| Other amounts receivable | 41 | €513 | €240 | -€273 | -53.2% |
| Cash at bank and in hand | 54/58 | €49,462 | €61,132 | +€11,670 | +23.6% |
| Total equity and liabilities | 10/49 | €119,214 | €107,862 | -€11,353 | -9.5% |
| Equity | 10/15 | €45,277 | €42,518 | -€2,760 | -6.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €35,210 | €37,610 | +€2,400 | +6.8% |
| Distributable reserves | 133 | €35,210 | €37,610 | +€2,400 | +6.8% |
| Profit (loss) carried forward | 14 | €67 | -€5,092 | -€5,160 | |
| Amounts payable | 17/49 | €73,937 | €65,344 | -€8,593 | -11.6% |
| Amounts payable within one year | 42/48 | €73,937 | €65,344 | -€8,593 | -11.6% |
| Trade debts | 44 | €2,568 | €34 | -€2,534 | -98.7% |
| Suppliers | 440/4 | €2,568 | €34 | -€2,534 | -98.7% |
| Taxes, remuneration and social security | 45 | €3,500 | €590 | -€2,910 | -83.2% |
| Taxes | 450/3 | €3,500 | €590 | -€2,910 | -83.2% |
| Other amounts payable | 47/48 | €67,869 | €64,721 | -€3,149 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,654 | €23,658 | +€4 | 0.0% |
| Other operating charges | 640/8 | €1,086 | €1,154 | +€68 | +6.3% |
| Gross operating margin | 9900 | €36,750 | €20,030 | -€16,720 | -45.5% |
| Operating profit (loss) | 9901 | €12,011 | -€4,782 | -€16,793 | |
| Financial charges | 65/66B | €69 | €70 | +€1 | +1.7% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €11,942 | -€4,852 | -€16,794 | |
| Income taxes | 67/77 | €3,479 | €276 | -€3,203 | -92.1% |
| Profit (loss) for the period | 9904 | €8,462 | -€5,128 | -€13,591 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,462 | -€5,128 | -€13,591 |
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 6 November 2026 via checked.be.