LE 80: what changed
Two fiscal 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.
LE 80
Largest movements
- Receivables within one year +€14,435
up €14,435 (+102.0%), from €14,158 to €28,593
of which Trade receivables: +€14,270
- Cash -€10,291
down €10,291 (-89.7%), from €11,470 to €1,178
mainly Current portion of long-term debt (-€31,579) and Receivables within one year (-€14,435)
- Tangible fixed assets -€4,233
down €4,233 (-2.4%), from €173,035 to €168,802
of which Plant, machinery and equipment: -€3,927
- Current portion of long-term debt -€31,579
down €31,579 (-65.3%), from €48,389 to €16,810
- Debts after one year +€20,189
up €20,189, from €0 to €20,189
- Tax, wage and social debts +€12,548
up €12,548 (+25.2%), from €49,742 to €62,289
of which Taxes: +€6,422
- Trade debts -€11,728
down €11,728 (-5.8%), from €202,104 to €190,377
- Profit (loss) carried forward +€6,676
up €6,676 (+7.2%), from -€93,283 to -€86,607
- Gross operating margin +€51,232
up €51,232 (+55.3%), from €92,584 to €143,816
- Staff costs +€6,840
up €6,840 (+7.5%), from €91,615 to €98,455
- Financial charges +€3,585
up €3,585 (+13.7%), from €26,095 to €29,680
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.
Cash bridge derived
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 | €234,345 | €231,840 | -€2,505 | -1.1% |
| Fixed assets | 21/28 | €182,805 | €177,572 | -€5,233 | -2.9% |
| Intangible fixed assets | 21 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Tangible fixed assets | 22/27 | €173,035 | €168,802 | -€4,233 | -2.4% |
| Plant, machinery and equipment | 23 | €170,140 | €166,213 | -€3,927 | -2.3% |
| Other tangible fixed assets | 26 | €2,895 | €2,589 | -€306 | -10.6% |
| Financial fixed assets | 28 | €5,770 | €5,770 | = | 0.0% |
| Current assets | 29/58 | €51,540 | €54,268 | +€2,728 | +5.3% |
| Stocks and contracts in progress | 3 | €25,912 | €23,850 | -€2,062 | -8.0% |
| Stocks | 30/36 | €25,912 | €23,850 | -€2,062 | -8.0% |
| Amounts receivable within one year | 40/41 | €14,158 | €28,593 | +€14,435 | +102.0% |
| Trade receivables | 40 | €13,818 | €28,087 | +€14,270 | +103.3% |
| Other amounts receivable | 41 | €340 | €506 | +€165 | +48.6% |
| Cash at bank and in hand | 54/58 | €11,470 | €1,178 | -€10,291 | -89.7% |
| Deferred charges and accrued income | 490/1 | - | €647 | +€647 | |
| Total equity and liabilities | 10/49 | €234,345 | €231,840 | -€2,505 | -1.1% |
| Equity | 10/15 | -€88,283 | -€81,607 | +€6,676 | +7.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,283 | -€86,607 | +€6,676 | +7.2% |
| Amounts payable | 17/49 | €322,627 | €313,447 | -€9,180 | -2.8% |
| Amounts payable after more than one year | 17 | €0 | €20,189 | +€20,189 | |
| Financial debts | 170/4 | €0 | €20,189 | +€20,189 | |
| Amounts payable within one year | 42/48 | €320,153 | €285,769 | -€34,384 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €48,389 | €16,810 | -€31,579 | -65.3% |
| Financial debts | 43 | €9,210 | €8,737 | -€473 | -5.1% |
| Credit institutions | 430/8 | €9,210 | €8,737 | -€473 | -5.1% |
| Trade debts | 44 | €202,104 | €190,377 | -€11,728 | -5.8% |
| Suppliers | 440/4 | €202,104 | €190,377 | -€11,728 | -5.8% |
| Taxes, remuneration and social security | 45 | €49,742 | €62,289 | +€12,548 | +25.2% |
| Taxes | 450/3 | €40,843 | €47,265 | +€6,422 | +15.7% |
| Remuneration and social security | 454/9 | €8,898 | €15,025 | +€6,126 | +68.8% |
| Other amounts payable | 47/48 | €10,708 | €7,556 | -€3,153 | -29.4% |
| Accrued charges and deferred income | 492/3 | €2,474 | €7,489 | +€5,015 | +202.7% |
| Remuneration, social security and pensions | 62 | €91,615 | €98,455 | +€6,840 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,487 | €5,233 | +€746 | +16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €610 | €786 | +€176 | +28.9% |
| Non-recurring operating charges | 66A | €6,000 | €2,989 | -€3,011 | -50.2% |
| Gross operating margin | 9900 | €92,584 | €143,816 | +€51,232 | +55.3% |
| Operating profit (loss) | 9901 | -€10,127 | €36,353 | +€46,481 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €26,095 | €29,680 | +€3,585 | +13.7% |
| Recurring financial charges | 65 | €26,095 | €29,680 | +€3,585 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | -€36,223 | €6,676 | +€42,899 | |
| Profit (loss) for the period | 9904 | -€36,223 | €6,676 | +€42,899 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,223 | €6,676 | +€42,899 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.