FONDATEL LECOMTE: 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.
What changed
FONDATEL LECOMTE
NACE 24.510, Manufacture of basic metals
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€4.6m
2024 · -€1.1m-€3.6m
Equity
€17.2m
2024 · €21.8m-€4.6m
Cash
€180,453
2024 · €620,562-€440,109
Balance sheet total
€36.4m
2024 · €36.5m-€75,897
Largest movements
Assets
- Stocks and contracts -€2.9m
down €2.9m (-12.0%), from €24.3m to €21.4m
- Receivables within one year +€2.5m
up €2.5m (+47.0%), from €5.3m to €7.9m
of which Trade receivables: +€2.5m
- Tangible fixed assets +€1.3m
up €1.3m (+28.7%), from €4.4m to €5.7m
of which Plant, machinery and equipment: +€1.3m
- Cash -€440,109
down €440,109 (-70.9%), from €620,562 to €180,453
mainly Net result for the year (-€4.6m) and Investment in fixed assets (net) (-€2.5m)
- Intangible fixed assets -€386,369
down €386,369 (-22.7%), from €1.7m to €1.3m
Equity and liabilities
- Profit (loss) carried forward -€4.6m
down €4.6m, from €1.2m to -€3.5m
- Short-term financial debts +€4.5m
new in 2025: €4.5m
- Trade debts -€830,063
down €830,063 (-10.1%), from €8.2m to €7.4m
- Tax, wage and social debts +€749,709
up €749,709 (+136%), from €549,382 to €1.3m
of which Remuneration and social security: +€520,792
- Current portion of long-term debt +€625,165
up €625,165 (+208%), from €300,000 to €925,165
Income statement
- Services and other goods +€2.2m
up €2.2m (+17.7%), from €12.2m to €14.3m
- Staff costs +€1.4m
up €1.4m (+19.4%), from €7.4m to €8.8m
- Goods and materials -€895,943
down €895,943 (-3.6%), from €25.0m to €24.1m
of which Change in stocks: decrease (increase): -€525,339
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.
Result 2024
-€1.1m
Turnover
-€126,719
Other operating income
+€284,405
Goods and materials
+€895,943
Services and other goods
-€2.2m
Staff costs
-€1.4m
Depreciation
-€73,147
Write-downs
+€63,817
Other operating charges
+€171,368
Other operating items
-€1.1m
Financial income
+€7,335
Financial charges
-€54,081
Taxes
-€28,887
Result 2025
-€4.6m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€2.7m
Investment
-€2.5m
Financing
+€4.8m
Cash 2024
€620,562
From operations (derived)
-€2.7m
Net result for the year
-€4.6m
Depreciation
+€1.7m
Stocks and contracts
+€2.9m
Receivables within one year
-€2.5m
Deferred charges and accrued income
+€13,823
Trade debts
-€830,063
Tax, wage and social debts
+€749,709
Other debts
-€148,000
Accrued charges and deferred income
-€24,729
Investment (derived)
-€2.5m
Investment in fixed assets (net)
-€2.5m
Current investments
+€4,142
Financing
+€4.8m
Debts after one year
-€300,000
Current portion of long-term debt
+€625,165
Short-term financial debts
+€4.5m
Cash 2025
€180,453
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,521,734 | €36,445,837 | -€75,897 | -0.2% |
| Fixed assets | 21/28 | €6,199,973 | €6,987,645 | +€787,672 | +12.7% |
| Intangible fixed assets | 21 | €1,699,156 | €1,312,787 | -€386,369 | -22.7% |
| Tangible fixed assets | 22/27 | €4,400,347 | €5,664,388 | +€1.3m | +28.7% |
| Land and buildings | 22 | €1,440,473 | €1,301,536 | -€138,937 | -9.6% |
| Plant, machinery and equipment | 23 | €2,666,155 | €3,975,072 | +€1.3m | +49.1% |
| Furniture and vehicles | 24 | €177,306 | €276,976 | +€99,670 | +56.2% |
| Other tangible fixed assets | 26 | €116,414 | €110,804 | -€5,610 | -4.8% |
| Financial fixed assets | 28 | €100,470 | €10,470 | -€90,000 | -89.6% |
| Affiliated companies | 280/1 | €100,000 | €10,000 | -€90,000 | -90.0% |
| Participating interests | 280 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable | 281 | €90,000 | - | -€90,000 | |
| Other financial fixed assets | 284/8 | €470 | €470 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €470 | €470 | = | 0.0% |
| Current assets | 29/58 | €30,321,761 | €29,458,193 | -€863,569 | -2.8% |
| Stocks and contracts in progress | 3 | €24,304,477 | €21,382,801 | -€2.9m | -12.0% |
| Stocks | 30/36 | €24,304,477 | €21,382,801 | -€2.9m | -12.0% |
| Raw materials and consumables | 30/31 | €4,452,389 | €3,826,811 | -€625,579 | -14.1% |
| Work in progress | 32 | €17,170,300 | €15,230,267 | -€1.9m | -11.3% |
| Goods purchased for resale | 34 | €2,681,788 | €2,325,724 | -€356,064 | -13.3% |
| Amounts receivable within one year | 40/41 | €5,349,704 | €7,865,886 | +€2.5m | +47.0% |
| Trade receivables | 40 | €5,020,549 | €7,475,962 | +€2.5m | +48.9% |
| Other amounts receivable | 41 | €329,156 | €389,925 | +€60,769 | +18.5% |
| Current investments | 50/53 | €4,142 | - | -€4,142 | |
| Other investments | 51/53 | €4,142 | - | -€4,142 | |
| Cash at bank and in hand | 54/58 | €620,562 | €180,453 | -€440,109 | -70.9% |
| Deferred charges and accrued income | 490/1 | €42,875 | €29,052 | -€13,823 | -32.2% |
| Total equity and liabilities | 10/49 | €36,521,734 | €36,445,837 | -€75,897 | -0.2% |
| Equity | 10/15 | €21,790,677 | €17,153,226 | -€4.6m | -21.3% |
| Contributions | 10/11 | €10,500,000 | €10,500,000 | = | 0.0% |
| Reserves | 13 | €10,104,256 | €10,104,256 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,067,956 | €1,067,956 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,067,956 | €1,067,956 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,300 | €36,300 | = | 0.0% |
| Distributable reserves | 133 | €9,000,000 | €9,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,186,421 | -€3,451,030 | -€4.6m | |
| Amounts payable | 17/49 | €14,731,057 | €19,292,612 | +€4.6m | +31.0% |
| Amounts payable after more than one year | 17 | €5,410,874 | €5,110,874 | -€300,000 | -5.5% |
| Financial debts | 170/4 | €5,410,874 | €5,110,874 | -€300,000 | -5.5% |
| Credit institutions | 173 | €450,000 | €150,000 | -€300,000 | -66.7% |
| Other loans | 174 | €4,960,874 | €4,960,874 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,245,852 | €14,132,136 | +€4.9m | +52.8% |
| Current portion of amounts payable after more than one year | 42 | €300,000 | €925,165 | +€625,165 | +208% |
| Financial debts | 43 | - | €4,489,473 | +€4.5m | |
| Credit institutions | 430/8 | - | €4,489,473 | +€4.5m | |
| Trade debts | 44 | €8,248,471 | €7,418,408 | -€830,063 | -10.1% |
| Suppliers | 440/4 | €8,248,471 | €7,418,408 | -€830,063 | -10.1% |
| Taxes, remuneration and social security | 45 | €549,382 | €1,299,090 | +€749,709 | +136% |
| Taxes | 450/3 | €1,291 | €230,207 | +€228,916 | +17,737% |
| Remuneration and social security | 454/9 | €548,091 | €1,068,883 | +€520,792 | +95.0% |
| Other amounts payable | 47/48 | €148,000 | - | -€148,000 | |
| Accrued charges and deferred income | 492/3 | €74,331 | €49,602 | -€24,729 | -33.3% |
| Operating income | 70/76A | €46,262,154 | €45,154,935 | -€1.1m | -2.4% |
| Turnover | 70 | €46,322,831 | €46,196,112 | -€126,719 | -0.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€775,200 | -€1,940,033 | -€1.2m | -150% |
| Own construction capitalised | 72 | €511,511 | €411,440 | -€100,071 | -19.6% |
| Other operating income | 74 | €203,011 | €487,417 | +€284,405 | +140% |
| Operating charges | 60/66A | €46,770,716 | €49,138,138 | +€2.4m | +5.1% |
| Goods for resale, raw materials and consumables | 60 | €25,024,185 | €24,128,242 | -€895,943 | -3.6% |
| Purchases | 600/8 | €23,503,802 | €23,133,197 | -€370,604 | -1.6% |
| Change in stocks: decrease (increase) | 609 | €1,520,383 | €995,044 | -€525,339 | -34.6% |
| Services and other goods | 61 | €12,154,483 | €14,306,919 | +€2.2m | +17.7% |
| Remuneration, social security and pensions | 62 | €7,371,551 | €8,804,872 | +€1.4m | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,674,846 | €1,747,993 | +€73,147 | +4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €52,155 | -€11,662 | -€63,817 | |
| Other operating charges | 640/8 | €333,143 | €161,775 | -€171,368 | -51.4% |
| Non-recurring operating charges | 66A | €160,353 | - | -€160,353 | |
| Operating profit (loss) | 9901 | -€508,562 | -€3,983,203 | -€3.5m | -683% |
| Financial income | 75/76B | €1,068 | €8,403 | +€7,335 | +687% |
| Recurring financial income | 75 | €1,068 | €8,403 | +€7,335 | +687% |
| Other financial income | 752/9 | €1,068 | €8,403 | +€7,335 | +687% |
| Financial charges | 65/66B | €580,711 | €634,793 | +€54,081 | +9.3% |
| Recurring financial charges | 65 | €580,711 | €634,793 | +€54,081 | +9.3% |
| Debt charges | 650 | €528,209 | €492,830 | -€35,379 | -6.7% |
| Other financial charges | 652/9 | €52,502 | €141,962 | +€89,460 | +170% |
| Profit (loss) for the period before taxes | 9903 | -€1,088,205 | -€4,609,593 | -€3.5m | -324% |
| Income taxes | 67/77 | -€1,028 | €27,859 | +€28,887 | |
| Taxes | 670/3 | €5,653 | €27,859 | +€22,206 | +393% |
| Tax adjustments and reversals of tax provisions | 77 | €6,681 | - | -€6,681 | |
| Profit (loss) for the period | 9904 | -€1,087,177 | -€4,637,452 | -€3.6m | -327% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,087,177 | -€4,637,452 | -€3.6m | -327% |
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 13 October 2026 via checked.be.