L&E RENOVATION: 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.
L&E RENOVATION
Largest movements
- Cash -€14,019
down €14,019 (-34.6%), from €40,507 to €26,488
mainly Other debts (-€13,256) and Net result for the year (-€10,096)
- Intangible fixed assets -€2,858
down €2,858 (-33.4%), from €8,568 to €5,710
- Receivables within one year -€1,729
down €1,729 (-6.9%), from €25,127 to €23,398
of which Other amounts receivable: -€3,057
- Deferred charges and accrued income +€1,092
up €1,092 (+677%), from €161 to €1,254
- Other debts -€13,256
down €13,256 (-58.4%), from €22,701 to €9,445
- Profit (loss) carried forward -€10,096
down €10,096 (-23.1%), from €43,769 to €33,672
- Trade debts +€5,601
up €5,601 (+97.7%), from €5,732 to €11,333
- Gross operating margin -€17,078
down €17,078, from €11,627 to -€5,451
- Depreciation -€3,302
down €3,302 (-48.2%), from €6,853 to €3,552
- Taxes -€916
down €916, from €911 to -€5
- Financial charges +€371
up €371 (+206%), from €180 to €551
of which Non-recurring financial charges: +€418
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 | €75,652 | €58,234 | -€17,418 | -23.0% |
| Fixed assets | 21/28 | €9,856 | €7,094 | -€2,762 | -28.0% |
| Intangible fixed assets | 21 | €8,568 | €5,710 | -€2,858 | -33.4% |
| Tangible fixed assets | 22/27 | €1,150 | €1,246 | +€96 | +8.4% |
| Plant, machinery and equipment | 23 | €620 | €280 | -€340 | -54.8% |
| Furniture and vehicles | 24 | €530 | €966 | +€436 | +82.2% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €65,796 | €51,140 | -€14,656 | -22.3% |
| Amounts receivable within one year | 40/41 | €25,127 | €23,398 | -€1,729 | -6.9% |
| Trade receivables | 40 | €21,674 | €23,002 | +€1,328 | +6.1% |
| Other amounts receivable | 41 | €3,453 | €396 | -€3,057 | -88.5% |
| Cash at bank and in hand | 54/58 | €40,507 | €26,488 | -€14,019 | -34.6% |
| Deferred charges and accrued income | 490/1 | €161 | €1,254 | +€1,092 | +677% |
| Total equity and liabilities | 10/49 | €75,652 | €58,234 | -€17,418 | -23.0% |
| Equity | 10/15 | €46,269 | €36,172 | -€10,096 | -21.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,769 | €33,672 | -€10,096 | -23.1% |
| Amounts payable | 17/49 | €29,383 | €22,062 | -€7,321 | -24.9% |
| Amounts payable within one year | 42/48 | €29,383 | €21,662 | -€7,721 | -26.3% |
| Trade debts | 44 | €5,732 | €11,333 | +€5,601 | +97.7% |
| Suppliers | 440/4 | €5,732 | €11,333 | +€5,601 | +97.7% |
| Taxes, remuneration and social security | 45 | €951 | €885 | -€66 | -7.0% |
| Taxes | 450/3 | €951 | €885 | -€66 | -7.0% |
| Other amounts payable | 47/48 | €22,701 | €9,445 | -€13,256 | -58.4% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,853 | €3,552 | -€3,302 | -48.2% |
| Other operating charges | 640/8 | €663 | €548 | -€115 | -17.3% |
| Gross operating margin | 9900 | €11,627 | -€5,451 | -€17,078 | |
| Operating profit (loss) | 9901 | €4,111 | -€9,551 | -€13,662 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +400% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +400% |
| Financial charges | 65/66B | €180 | €551 | +€371 | +206% |
| Recurring financial charges | 65 | €180 | €132 | -€48 | -26.6% |
| Non-recurring financial charges | 66B | - | €418 | +€418 | |
| Profit (loss) for the period before taxes | 9903 | €3,931 | -€10,102 | -€14,033 | |
| Income taxes | 67/77 | €911 | -€5 | -€916 | |
| Profit (loss) for the period | 9904 | €3,020 | -€10,096 | -€13,117 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,020 | -€10,096 | -€13,117 |
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 19 October 2026 via checked.be.