LA TABLE DE LEA: 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.
LA TABLE DE LEA
Largest movements
- Receivables within one year -€58,633
down €58,633 (-53.9%), from €108,680 to €50,048
of which Trade receivables: -€58,443
- Cash -€16,186
down €16,186 (-52.0%), from €31,123 to €14,936
mainly Other debts (-€51,415) and Debts after one year (-€15,942)
- Tangible fixed assets -€10,865
down €10,865 (-5.7%), from €189,461 to €178,596
of which Land and buildings: -€8,114
- Other debts -€51,415
down €51,415 (-89.4%), from €57,487 to €6,072
- Debts after one year -€15,942
down €15,942 (-100%), from €15,942 to €0
- Tax, wage and social debts +€15,642
up €15,642 (+87.2%), from €17,940 to €33,582
of which Taxes: +€10,484
- Current portion of long-term debt -€9,400
down €9,400 (-29.0%), from €32,453 to €23,053
- Reserves -€8,860
down €8,860 (-5.7%), from €155,860 to €147,000
- Gross operating margin -€105,430
down €105,430 (-39.0%), from €270,432 to €165,002
- Other operating charges -€49,670
down €49,670 (-95.5%), from €52,031 to €2,361
- Staff costs +€3,946
up €3,946 (+2.6%), from €153,052 to €156,998
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 | €371,024 | €287,357 | -€83,667 | -22.6% |
| Fixed assets | 21/28 | €189,736 | €179,457 | -€10,279 | -5.4% |
| Intangible fixed assets | 21 | - | €711 | +€711 | |
| Tangible fixed assets | 22/27 | €189,461 | €178,596 | -€10,865 | -5.7% |
| Land and buildings | 22 | €180,285 | €172,172 | -€8,114 | -4.5% |
| Furniture and vehicles | 24 | €9,176 | €6,425 | -€2,751 | -30.0% |
| Financial fixed assets | 28 | €275 | €150 | -€125 | -45.5% |
| Current assets | 29/58 | €181,288 | €107,900 | -€73,388 | -40.5% |
| Stocks and contracts in progress | 3 | €41,485 | €42,916 | +€1,431 | +3.4% |
| Stocks | 30/36 | €41,485 | €42,916 | +€1,431 | +3.4% |
| Amounts receivable within one year | 40/41 | €108,680 | €50,048 | -€58,633 | -53.9% |
| Trade receivables | 40 | €75,321 | €16,878 | -€58,443 | -77.6% |
| Other amounts receivable | 41 | €33,359 | €33,169 | -€190 | -0.6% |
| Cash at bank and in hand | 54/58 | €31,123 | €14,936 | -€16,186 | -52.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €371,024 | €287,357 | -€83,667 | -22.6% |
| Equity | 10/15 | €174,337 | €160,375 | -€13,962 | -8.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €155,860 | €147,000 | -€8,860 | -5.7% |
| Distributable reserves | 133 | €155,860 | €147,000 | -€8,860 | -5.7% |
| Profit (loss) carried forward | 14 | €6,077 | €975 | -€5,102 | -84.0% |
| Amounts payable | 17/49 | €196,687 | €126,982 | -€69,705 | -35.4% |
| Amounts payable after more than one year | 17 | €15,942 | €0 | -€15,942 | -100% |
| Financial debts | 170/4 | €15,942 | €0 | -€15,942 | -100% |
| Amounts payable within one year | 42/48 | €178,721 | €124,958 | -€53,763 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | €32,453 | €23,053 | -€9,400 | -29.0% |
| Trade debts | 44 | €70,840 | €62,250 | -€8,590 | -12.1% |
| Suppliers | 440/4 | €70,840 | €62,250 | -€8,590 | -12.1% |
| Taxes, remuneration and social security | 45 | €17,940 | €33,582 | +€15,642 | +87.2% |
| Taxes | 450/3 | €7,347 | €17,832 | +€10,484 | +143% |
| Remuneration and social security | 454/9 | €10,593 | €15,750 | +€5,158 | +48.7% |
| Other amounts payable | 47/48 | €57,487 | €6,072 | -€51,415 | -89.4% |
| Accrued charges and deferred income | 492/3 | €2,024 | €2,024 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €153,052 | €156,998 | +€3,946 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,620 | €11,516 | -€104 | -0.9% |
| Other operating charges | 640/8 | €52,031 | €2,361 | -€49,670 | -95.5% |
| Non-recurring operating charges | 66A | €39,883 | €125 | -€39,758 | -99.7% |
| Gross operating margin | 9900 | €270,432 | €165,002 | -€105,430 | -39.0% |
| Operating profit (loss) | 9901 | €13,846 | -€5,998 | -€19,843 | |
| Financial income | 75/76B | €37 | €21 | -€16 | -43.7% |
| Recurring financial income | 75 | €37 | €21 | -€16 | -43.7% |
| Financial charges | 65/66B | €8,161 | €7,979 | -€182 | -2.2% |
| Recurring financial charges | 65 | €8,161 | €7,979 | -€182 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €5,722 | -€13,956 | -€19,677 | |
| Income taxes | 67/77 | €75 | €6 | -€69 | -91.7% |
| Profit (loss) for the period | 9904 | €5,646 | -€13,962 | -€19,608 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,646 | -€13,962 | -€19,608 |
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 16 October 2026 via checked.be.