DR. LESCRENIER: 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.
DR. LESCRENIER
Largest movements
- Tangible fixed assets -€20,949
down €20,949 (-3.6%), from €574,608 to €553,659
of which Land and buildings: -€19,703
- Cash +€12,752
up €12,752 (+14.5%), from €88,084 to €100,836
mainly Depreciation (+€24,399) and Net result for the year (+€4,550)
- Other debts -€14,208
down €14,208 (-15.8%), from €90,175 to €75,967
- Gross operating margin +€5,341
up €5,341 (+18.5%), from €28,882 to €34,223
- Depreciation -€1,054
down €1,054 (-4.1%), from €25,452 to €24,399
- Taxes +€455
new in 2025: €455
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 | €666,300 | €657,998 | -€8,301 | -1.2% |
| Fixed assets | 21/28 | €574,608 | €553,659 | -€20,949 | -3.6% |
| Tangible fixed assets | 22/27 | €574,608 | €553,659 | -€20,949 | -3.6% |
| Land and buildings | 22 | €566,155 | €546,452 | -€19,703 | -3.5% |
| Plant, machinery and equipment | 23 | €3,453 | €2,206 | -€1,247 | -36.1% |
| Furniture and vehicles | 24 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €91,692 | €104,340 | +€12,648 | +13.8% |
| Amounts receivable within one year | 40/41 | €212 | €0 | -€212 | -100.0% |
| Other amounts receivable | 41 | €212 | €0 | -€212 | -100.0% |
| Cash at bank and in hand | 54/58 | €88,084 | €100,836 | +€12,752 | +14.5% |
| Deferred charges and accrued income | 490/1 | €3,396 | €3,504 | +€108 | +3.2% |
| Total equity and liabilities | 10/49 | €666,300 | €657,998 | -€8,301 | -1.2% |
| Equity | 10/15 | €571,035 | €575,585 | +€4,550 | +0.8% |
| Contributions | 10/11 | €43,510 | €43,510 | = | 0.0% |
| Reserves | 13 | €527,525 | €532,075 | +€4,550 | +0.9% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €471,275 | €475,825 | +€4,550 | +1.0% |
| Amounts payable | 17/49 | €95,265 | €82,414 | -€12,851 | -13.5% |
| Amounts payable within one year | 42/48 | €95,265 | €79,603 | -€15,661 | -16.4% |
| Trade debts | 44 | €5,090 | €3,368 | -€1,722 | -33.8% |
| Suppliers | 440/4 | €5,090 | €3,368 | -€1,722 | -33.8% |
| Taxes, remuneration and social security | 45 | - | €269 | +€269 | |
| Taxes | 450/3 | - | €269 | +€269 | |
| Other amounts payable | 47/48 | €90,175 | €75,967 | -€14,208 | -15.8% |
| Accrued charges and deferred income | 492/3 | - | €2,810 | +€2,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,452 | €24,399 | -€1,054 | -4.1% |
| Other operating charges | 640/8 | €5,058 | €5,215 | +€158 | +3.1% |
| Gross operating margin | 9900 | €28,882 | €34,223 | +€5,341 | +18.5% |
| Operating profit (loss) | 9901 | -€1,628 | €4,609 | +€6,237 | |
| Financial income | 75/76B | €712 | €634 | -€79 | -11.0% |
| Recurring financial income | 75 | €712 | €634 | -€79 | -11.0% |
| Financial charges | 65/66B | €207 | €238 | +€31 | +15.0% |
| Recurring financial charges | 65 | €207 | €238 | +€31 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,122 | €5,005 | +€6,127 | |
| Income taxes | 67/77 | - | €455 | +€455 | |
| Profit (loss) for the period | 9904 | -€1,122 | €4,550 | +€5,672 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,122 | €4,550 | +€5,672 |
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 11 October 2026 via checked.be.