Julien Lenartz Construction: 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.
Julien Lenartz Construction
Largest movements
- Cash -€56,872
down €56,872 (-72.5%), from €78,437 to €21,566
mainly Receivables within one year (-€56,651) and Trade debts (-€26,536)
- Receivables within one year +€56,651
up €56,651 (+16,144%), from €351 to €57,002
of which Trade receivables: +€54,030
- Stocks and contracts -€16,983
down €16,983 (-6.6%), from €258,582 to €241,598
of which Contracts in progress: -€38,000
- Tangible fixed assets -€16,205
down €16,205 (-16.4%), from €98,925 to €82,720
of which Furniture and vehicles: -€12,131
- Trade debts -€26,536
down €26,536 (-55.0%), from €48,252 to €21,716
- Debts after one year -€23,755
down €23,755 (-11.8%), from €201,417 to €177,663
- Short-term financial debts +€16,064
new in 2025: €16,064
- Current portion of long-term debt -€8,916
down €8,916 (-19.5%), from €45,743 to €36,827
- Tax, wage and social debts +€8,507
up €8,507 (+45.3%), from €18,796 to €27,303
of which Taxes: +€14,533
- Gross operating margin -€57,316
down €57,316 (-17.0%), from €337,391 to €280,075
- Other operating charges -€26,097
down €26,097 (-93.2%), from €27,999 to €1,902
- Staff costs -€19,911
down €19,911 (-8.0%), from €249,487 to €229,577
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 | €442,153 | €409,496 | -€32,657 | -7.4% |
| Fixed assets | 21/28 | €98,925 | €82,720 | -€16,205 | -16.4% |
| Tangible fixed assets | 22/27 | €98,925 | €82,720 | -€16,205 | -16.4% |
| Plant, machinery and equipment | 23 | €11,467 | €7,393 | -€4,074 | -35.5% |
| Furniture and vehicles | 24 | €87,458 | €75,327 | -€12,131 | -13.9% |
| Current assets | 29/58 | €343,227 | €326,776 | -€16,451 | -4.8% |
| Stocks and contracts in progress | 3 | €258,582 | €241,598 | -€16,983 | -6.6% |
| Stocks | 30/36 | €200,582 | €221,598 | +€21,017 | +10.5% |
| Contracts in progress | 37 | €58,000 | €20,000 | -€38,000 | -65.5% |
| Amounts receivable within one year | 40/41 | €351 | €57,002 | +€56,651 | +16,144% |
| Trade receivables | 40 | - | €54,030 | +€54,030 | |
| Other amounts receivable | 41 | €351 | €2,972 | +€2,621 | +747% |
| Cash at bank and in hand | 54/58 | €78,437 | €21,566 | -€56,872 | -72.5% |
| Deferred charges and accrued income | 490/1 | €5,858 | €6,610 | +€752 | +12.8% |
| Total equity and liabilities | 10/49 | €442,153 | €409,496 | -€32,657 | -7.4% |
| Equity | 10/15 | €86,782 | €89,327 | +€2,545 | +2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,322 | €68,867 | +€2,545 | +3.8% |
| Amounts payable | 17/49 | €355,371 | €320,169 | -€35,202 | -9.9% |
| Amounts payable after more than one year | 17 | €201,417 | €177,663 | -€23,755 | -11.8% |
| Financial debts | 170/4 | €201,417 | €177,663 | -€23,755 | -11.8% |
| Amounts payable within one year | 42/48 | €153,954 | €142,506 | -€11,447 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €45,743 | €36,827 | -€8,916 | -19.5% |
| Financial debts | 43 | - | €16,064 | +€16,064 | |
| Credit institutions | 430/8 | - | €16,064 | +€16,064 | |
| Trade debts | 44 | €48,252 | €21,716 | -€26,536 | -55.0% |
| Suppliers | 440/4 | €48,252 | €21,716 | -€26,536 | -55.0% |
| Advances received on contracts in progress | 46 | €193 | - | -€193 | |
| Taxes, remuneration and social security | 45 | €18,796 | €27,303 | +€8,507 | +45.3% |
| Taxes | 450/3 | €8,841 | €23,374 | +€14,533 | +164% |
| Remuneration and social security | 454/9 | €9,955 | €3,929 | -€6,026 | -60.5% |
| Other amounts payable | 47/48 | €40,969 | €40,596 | -€373 | -0.9% |
| Remuneration, social security and pensions | 62 | €249,487 | €229,577 | -€19,911 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,963 | €34,705 | -€3,257 | -8.6% |
| Other operating charges | 640/8 | €27,999 | €1,902 | -€26,097 | -93.2% |
| Non-recurring operating charges | 66A | €415 | €237 | -€179 | -43.0% |
| Gross operating margin | 9900 | €337,391 | €280,075 | -€57,316 | -17.0% |
| Operating profit (loss) | 9901 | €21,527 | €13,655 | -€7,872 | -36.6% |
| Financial income | 75/76B | €0 | €762 | +€762 | +544,136% |
| Recurring financial income | 75 | €0 | €762 | +€762 | +544,136% |
| Financial charges | 65/66B | €8,648 | €10,249 | +€1,601 | +18.5% |
| Recurring financial charges | 65 | €8,648 | €10,249 | +€1,601 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €12,879 | €4,168 | -€8,711 | -67.6% |
| Income taxes | 67/77 | €3,904 | €1,623 | -€2,281 | -58.4% |
| Profit (loss) for the period | 9904 | €8,976 | €2,545 | -€6,430 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,976 | €2,545 | -€6,430 | -71.6% |
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 22 October 2026 via checked.be.