K.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.
K.Lecomte
Largest movements
- Cash -€37,224
down €37,224 (-78.6%), from €47,383 to €10,159
mainly Receivables within one year (-€24,615) and Tax, wage and social debts (-€6,881)
- Receivables within one year +€24,615
up €24,615 (+83.3%), from €29,537 to €54,152
of which Other amounts receivable: +€24,842
- Deferred charges and accrued income +€2,552
new in 2025: €2,552
- Tax, wage and social debts -€6,881
down €6,881 (-37.3%), from €18,461 to €11,580
of which Taxes: -€4,264
- Other debts +€2,500
new in 2025: €2,500
- Trade debts -€2,406
down €2,406 (-21.7%), from €11,108 to €8,702
- Profit (loss) carried forward -€2,385
down €2,385, from €975 to -€1,410
- Gross operating margin -€14,253
down €14,253 (-19.6%), from €72,895 to €58,642
- Staff costs -€9,617
down €9,617 (-14.8%), from €65,122 to €55,505
- Financial income +€2,202
new in 2025: €2,202
- Financial charges +€2,044
up €2,044 (+156%), from €1,308 to €3,352
- Other operating charges -€1,292
down €1,292 (-36.8%), from €3,507 to €2,215
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 | €83,544 | €74,372 | -€9,172 | -11.0% |
| Fixed assets | 21/28 | €3,657 | €3,789 | +€132 | +3.6% |
| Tangible fixed assets | 22/27 | €3,657 | €3,789 | +€132 | +3.6% |
| Plant, machinery and equipment | 23 | - | €1,574 | +€1,574 | |
| Other tangible fixed assets | 26 | €3,657 | €2,215 | -€1,442 | -39.4% |
| Current assets | 29/58 | €79,887 | €70,583 | -€9,304 | -11.6% |
| Stocks and contracts in progress | 3 | €2,967 | €3,720 | +€753 | +25.4% |
| Stocks | 30/36 | €2,967 | €3,720 | +€753 | +25.4% |
| Amounts receivable within one year | 40/41 | €29,537 | €54,152 | +€24,615 | +83.3% |
| Trade receivables | 40 | €227 | - | -€227 | |
| Other amounts receivable | 41 | €29,310 | €54,152 | +€24,842 | +84.8% |
| Cash at bank and in hand | 54/58 | €47,383 | €10,159 | -€37,224 | -78.6% |
| Deferred charges and accrued income | 490/1 | - | €2,552 | +€2,552 | |
| Total equity and liabilities | 10/49 | €83,544 | €74,372 | -€9,172 | -11.0% |
| Equity | 10/15 | €53,975 | €51,590 | -€2,385 | -4.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €975 | -€1,410 | -€2,385 | |
| Amounts payable | 17/49 | €29,569 | €22,782 | -€6,787 | -23.0% |
| Amounts payable within one year | 42/48 | €29,569 | €22,782 | -€6,787 | -23.0% |
| Trade debts | 44 | €11,108 | €8,702 | -€2,406 | -21.7% |
| Suppliers | 440/4 | €11,108 | €8,702 | -€2,406 | -21.7% |
| Taxes, remuneration and social security | 45 | €18,461 | €11,580 | -€6,881 | -37.3% |
| Taxes | 450/3 | €7,293 | €3,029 | -€4,264 | -58.5% |
| Remuneration and social security | 454/9 | €11,168 | €8,551 | -€2,617 | -23.4% |
| Other amounts payable | 47/48 | - | €2,500 | +€2,500 | |
| Remuneration, social security and pensions | 62 | €65,122 | €55,505 | -€9,617 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,442 | €1,818 | +€376 | +26.1% |
| Other operating charges | 640/8 | €3,507 | €2,215 | -€1,292 | -36.8% |
| Non-recurring operating charges | 66A | €0 | €54 | +€54 | |
| Gross operating margin | 9900 | €72,895 | €58,642 | -€14,253 | -19.6% |
| Operating profit (loss) | 9901 | €2,824 | -€950 | -€3,774 | |
| Financial income | 75/76B | - | €2,202 | +€2,202 | |
| Recurring financial income | 75 | - | €2,202 | +€2,202 | |
| Financial charges | 65/66B | €1,308 | €3,352 | +€2,044 | +156% |
| Recurring financial charges | 65 | €1,308 | €3,352 | +€2,044 | +156% |
| Profit (loss) for the period before taxes | 9903 | €1,516 | -€2,100 | -€3,616 | |
| Income taxes | 67/77 | €1,442 | €285 | -€1,157 | -80.2% |
| Profit (loss) for the period | 9904 | €74 | -€2,385 | -€2,459 | |
| Profit (loss) for the period to be appropriated | 9905 | €74 | -€2,385 | -€2,459 |
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.