HF LENAERTS: what changed
What changed
HF LENAERTS
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€445,777
2024 · €455,681-€9,904
Equity
€521,305
2024 · €575,528-€54,223
Cash
€653,164
2024 · €721,306-€68,142
Balance sheet total
€1.2m
2024 · €1.2m-€42,427
Largest movements
Assets
- Cash -€68,142
down €68,142 (-9.4%), from €721,306 to €653,164
mainly Contributions, distributions and other (-€500,000) and Receivables within one year (-€48,499)
- Receivables within one year +€48,499
up €48,499 (+14.1%), from €343,911 to €392,410
- Tangible fixed assets -€22,087
down €22,087 (-27.0%), from €81,782 to €59,695
Equity and liabilities
- Profit (loss) carried forward -€54,223
down €54,223 (-9.7%), from €556,928 to €502,705
- Other debts +€21,796
up €21,796 (+4.2%), from €517,497 to €539,293
Income statement
- Financial income -€10,407
down €10,407 (-72.7%), from €14,315 to €3,908
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
€455,681
Gross operating margin
-€4,864
Depreciation
+€162
Other operating charges
+€25
Financial income
-€10,407
Financial charges
+€412
Taxes
+€4,768
Result 2025
€445,777
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
+€431,858
Investment
€0
Financing
-€500,000
Cash 2024
€721,306
From operations (derived)
+€431,858
Net result for the year
+€445,777
Depreciation
+€22,087
Receivables within one year
-€48,499
Smaller working-capital items
+€1,189
Trade debts
-€5,741
Tax, wage and social debts
-€4,751
Other debts
+€21,796
Financing
-€500,000
Contributions, distributions and other
-€500,000
Cash 2025
€653,164
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,203,107 | €1,160,680 | -€42,427 | -3.5% |
| Fixed assets | 21/28 | €134,446 | €112,359 | -€22,087 | -16.4% |
| Tangible fixed assets | 22/27 | €81,782 | €59,695 | -€22,087 | -27.0% |
| Furniture and vehicles | 24 | €81,782 | €59,695 | -€22,087 | -27.0% |
| Financial fixed assets | 28 | €52,664 | €52,664 | = | 0.0% |
| Current assets | 29/58 | €1,068,661 | €1,048,321 | -€20,340 | -1.9% |
| Amounts receivable within one year | 40/41 | €343,911 | €392,410 | +€48,499 | +14.1% |
| Trade receivables | 40 | €343,911 | €392,410 | +€48,499 | +14.1% |
| Cash at bank and in hand | 54/58 | €721,306 | €653,164 | -€68,142 | -9.4% |
| Deferred charges and accrued income | 490/1 | €3,444 | €2,747 | -€697 | -20.2% |
| Total equity and liabilities | 10/49 | €1,203,107 | €1,160,680 | -€42,427 | -3.5% |
| Equity | 10/15 | €575,528 | €521,305 | -€54,223 | -9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €556,928 | €502,705 | -€54,223 | -9.7% |
| Amounts payable | 17/49 | €627,579 | €639,375 | +€11,796 | +1.9% |
| Amounts payable within one year | 42/48 | €627,579 | €638,883 | +€11,304 | +1.8% |
| Trade debts | 44 | €8,453 | €2,712 | -€5,741 | -67.9% |
| Suppliers | 440/4 | €8,453 | €2,712 | -€5,741 | -67.9% |
| Taxes, remuneration and social security | 45 | €101,629 | €96,878 | -€4,751 | -4.7% |
| Taxes | 450/3 | €81,029 | €86,878 | +€5,849 | +7.2% |
| Remuneration and social security | 454/9 | €20,600 | €10,000 | -€10,600 | -51.5% |
| Other amounts payable | 47/48 | €517,497 | €539,293 | +€21,796 | +4.2% |
| Accrued charges and deferred income | 492/3 | - | €492 | +€492 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,249 | €22,087 | -€162 | -0.7% |
| Other operating charges | 640/8 | €2,042 | €2,017 | -€25 | -1.2% |
| Gross operating margin | 9900 | €622,054 | €617,190 | -€4,864 | -0.8% |
| Operating profit (loss) | 9901 | €597,763 | €593,086 | -€4,677 | -0.8% |
| Financial income | 75/76B | €14,315 | €3,908 | -€10,407 | -72.7% |
| Recurring financial income | 75 | €14,315 | €3,908 | -€10,407 | -72.7% |
| Financial charges | 65/66B | €518 | €106 | -€412 | -79.5% |
| Recurring financial charges | 65 | €518 | €106 | -€412 | -79.5% |
| Profit (loss) for the period before taxes | 9903 | €611,560 | €596,888 | -€14,672 | -2.4% |
| Income taxes | 67/77 | €155,879 | €151,111 | -€4,768 | -3.1% |
| Profit (loss) for the period | 9904 | €455,681 | €445,777 | -€9,904 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €455,681 | €445,777 | -€9,904 | -2.2% |
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 2 November 2026 via checked.be.