Express Lelou: 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.
Express Lelou
Largest movements
- Tangible fixed assets -€9,920
down €9,920 (-57.5%), from €17,250 to €7,330
- Receivables within one year +€7,580
up €7,580 (+223%), from €3,398 to €10,978
- Deferred charges and accrued income -€280
no longer reported in 2025 (was €280)
- Trade debts -€7,922
down €7,922 (-75.7%), from €10,464 to €2,542
- Other debts +€5,035
up €5,035 (+119%), from €4,224 to €9,259
- Profit (loss) carried forward +€701
up €701 (+15.4%), from €4,554 to €5,255
- Gross operating margin -€5,641
down €5,641 (-32.0%), from €17,615 to €11,974
- Other operating charges -€2,532
down €2,532 (-82.7%), from €3,060 to €528
- Depreciation +€2,083
up €2,083 (+26.6%), from €7,837 to €9,920
- Taxes -€1,368
down €1,368 (-73.7%), from €1,857 to €489
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 | €26,939 | €24,524 | -€2,414 | -9.0% |
| Fixed assets | 21/28 | €17,250 | €7,330 | -€9,920 | -57.5% |
| Tangible fixed assets | 22/27 | €17,250 | €7,330 | -€9,920 | -57.5% |
| Furniture and vehicles | 24 | €17,250 | €7,330 | -€9,920 | -57.5% |
| Current assets | 29/58 | €9,689 | €17,194 | +€7,505 | +77.5% |
| Amounts receivable within one year | 40/41 | €3,398 | €10,978 | +€7,580 | +223% |
| Trade receivables | 40 | €3,398 | €10,978 | +€7,580 | +223% |
| Cash at bank and in hand | 54/58 | €6,011 | €6,216 | +€205 | +3.4% |
| Deferred charges and accrued income | 490/1 | €280 | - | -€280 | |
| Total equity and liabilities | 10/49 | €26,939 | €24,524 | -€2,414 | -9.0% |
| Equity | 10/15 | €9,554 | €10,255 | +€701 | +7.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,554 | €5,255 | +€701 | +15.4% |
| Amounts payable | 17/49 | €17,385 | €14,269 | -€3,116 | -17.9% |
| Amounts payable within one year | 42/48 | €17,385 | €14,269 | -€3,116 | -17.9% |
| Trade debts | 44 | €10,464 | €2,542 | -€7,922 | -75.7% |
| Suppliers | 440/4 | €10,464 | €2,542 | -€7,922 | -75.7% |
| Taxes, remuneration and social security | 45 | €2,697 | €2,469 | -€229 | -8.5% |
| Taxes | 450/3 | €2,697 | €2,469 | -€229 | -8.5% |
| Other amounts payable | 47/48 | €4,224 | €9,259 | +€5,035 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,837 | €9,920 | +€2,083 | +26.6% |
| Other operating charges | 640/8 | €3,060 | €528 | -€2,532 | -82.7% |
| Gross operating margin | 9900 | €17,615 | €11,974 | -€5,641 | -32.0% |
| Operating profit (loss) | 9901 | €6,718 | €1,526 | -€5,192 | -77.3% |
| Financial charges | 65/66B | €307 | €336 | +€29 | +9.4% |
| Recurring financial charges | 65 | €307 | €336 | +€29 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €6,411 | €1,190 | -€5,221 | -81.4% |
| Income taxes | 67/77 | €1,857 | €489 | -€1,368 | -73.7% |
| Profit (loss) for the period | 9904 | €4,554 | €701 | -€3,853 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,554 | €701 | -€3,853 | -84.6% |
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 17 October 2026 via checked.be.