FIDUCIAIRE LECOT: what changed
What changed
FIDUCIAIRE LECOT
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
€8,167
2024 · -€34,895+€43,062
Equity
€401,934
2024 · €393,767+€8,167
Cash
€69,065
2024 · €100,368-€31,303
Balance sheet total
€2.6m
2024 · €2.7m-€52,192
Largest movements
Assets
- Cash -€31,303
down €31,303 (-31.2%), from €100,368 to €69,065
mainly Tax, wage and social debts (-€82,361) and Short-term financial debts (-€32,509)
- Financial fixed assets -€29,205
down €29,205 (-1.2%), from €2.5m to €2.5m
Equity and liabilities
- Tax, wage and social debts -€82,361
down €82,361 (-93.6%), from €87,981 to €5,620
of which Taxes: -€47,840
- Trade debts +€79,859
up €79,859 (+1,080%), from €7,397 to €87,256
- Short-term financial debts -€32,509
no longer reported in 2025 (was €32,509)
- Profit (loss) carried forward +€31,687
up €31,687, from -€27,413 to €4,274
Income statement
- Purchases and services +€81,452
up €81,452 (+146%), from €55,945 to €137,397
- Staff costs -€68,111
down €68,111 (-78.7%), from €86,583 to €18,472
- Turnover +€43,350
up €43,350 (+23.1%), from €187,650 to €231,000
- Gross operating margin -€37,775
down €37,775 (-28.7%), from €131,724 to €93,949
- Taxes -€11,979
new in 2025: -€11,979
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.
Result 2024
-€34,895
Gross operating margin
-€37,775
Staff costs
+€68,111
Depreciation
+€205
Other operating charges
+€3,191
Financial income
-€2,868
Financial charges
+€219
Taxes
+€11,979
Result 2025
€8,167
raises the resultlowers the result
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.
From operations
-€19,743
Investment
+€29,205
Financing
-€40,764
Cash 2024
€100,368
From operations (derived)
-€19,743
Net result for the year
+€8,167
Receivables within one year
-€7,055
Deferred charges and accrued income
-€1,260
Trade debts
+€79,859
Tax, wage and social debts
-€82,361
Other debts
-€17,092
Investment (derived)
+€29,205
Investment in fixed assets (net)
+€29,205
Financing
-€40,764
Debts after one year
-€8,255
Short-term financial debts
-€32,509
Cash 2025
€69,065
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,681,286 | €2,629,095 | -€52,192 | -1.9% |
| Fixed assets | 21/28 | €2,487,771 | €2,458,566 | -€29,205 | -1.2% |
| Financial fixed assets | 28 | €2,487,771 | €2,458,566 | -€29,205 | -1.2% |
| Current assets | 29/58 | €193,516 | €170,529 | -€22,987 | -11.9% |
| Amounts receivable within one year | 40/41 | €89,862 | €96,918 | +€7,055 | +7.9% |
| Trade receivables | 40 | €50,843 | €35,778 | -€15,065 | -29.6% |
| Other amounts receivable | 41 | €39,020 | €61,140 | +€22,120 | +56.7% |
| Cash at bank and in hand | 54/58 | €100,368 | €69,065 | -€31,303 | -31.2% |
| Deferred charges and accrued income | 490/1 | €3,286 | €4,546 | +€1,260 | +38.4% |
| Total equity and liabilities | 10/49 | €2,681,286 | €2,629,095 | -€52,192 | -1.9% |
| Equity | 10/15 | €393,767 | €401,934 | +€8,167 | +2.1% |
| Contributions | 10/11 | €231,410 | €231,410 | = | 0.0% |
| Reserves | 13 | €189,770 | €166,250 | -€23,520 | -12.4% |
| Non-distributable reserves | 130/1 | €9,520 | - | -€9,520 | |
| Reserves not available under the articles | 1311 | €9,520 | - | -€9,520 | |
| Distributable reserves | 133 | €180,250 | €166,250 | -€14,000 | -7.8% |
| Profit (loss) carried forward | 14 | -€27,413 | €4,274 | +€31,687 | |
| Amounts payable | 17/49 | €2,287,520 | €2,227,161 | -€60,359 | -2.6% |
| Amounts payable after more than one year | 17 | €2,044,468 | €2,036,213 | -€8,255 | -0.4% |
| Financial debts | 170/4 | €110,715 | €118,498 | +€7,783 | +7.0% |
| Other amounts payable | 178/9 | €1,933,753 | €1,917,715 | -€16,037 | -0.8% |
| Amounts payable within one year | 42/48 | €243,052 | €190,948 | -€52,104 | -21.4% |
| Financial debts | 43 | €32,509 | - | -€32,509 | |
| Credit institutions | 430/8 | €32,509 | - | -€32,509 | |
| Trade debts | 44 | €7,397 | €87,256 | +€79,859 | +1,080% |
| Suppliers | 440/4 | €7,397 | €87,256 | +€79,859 | +1,080% |
| Taxes, remuneration and social security | 45 | €87,981 | €5,620 | -€82,361 | -93.6% |
| Taxes | 450/3 | €53,461 | €5,620 | -€47,840 | -89.5% |
| Remuneration and social security | 454/9 | €34,521 | - | -€34,521 | |
| Other amounts payable | 47/48 | €115,164 | €98,072 | -€17,092 | -14.8% |
| Turnover | 70 | €187,650 | €231,000 | +€43,350 | +23.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €55,945 | €137,397 | +€81,452 | +146% |
| Remuneration, social security and pensions | 62 | €86,583 | €18,472 | -€68,111 | -78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205 | - | -€205 | |
| Other operating charges | 640/8 | €5,018 | €1,827 | -€3,191 | -63.6% |
| Gross operating margin | 9900 | €131,724 | €93,949 | -€37,775 | -28.7% |
| Operating profit (loss) | 9901 | €39,918 | €73,650 | +€33,732 | +84.5% |
| Financial income | 75/76B | €13,325 | €10,457 | -€2,868 | -21.5% |
| Recurring financial income | 75 | €13,325 | €8,089 | -€5,236 | -39.3% |
| Non-recurring financial income | 76B | - | €2,368 | +€2,368 | |
| Financial charges | 65/66B | €88,138 | €87,919 | -€219 | -0.2% |
| Recurring financial charges | 65 | €74,424 | €85,416 | +€10,992 | +14.8% |
| Non-recurring financial charges | 66B | €13,714 | €2,503 | -€11,211 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | -€34,895 | -€3,812 | +€31,083 | +89.1% |
| Income taxes | 67/77 | - | -€11,979 | -€11,979 | |
| Profit (loss) for the period | 9904 | -€34,895 | €8,167 | +€43,062 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,895 | €8,167 | +€43,062 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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.