Le Bois: 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.
Le Bois
Largest movements
- Cash +€287,999
up €287,999 (+19.5%), from €1.5m to €1.8m
mainly Net result for the year (+€351,312) and Receivables within one year (+€207,389)
- Stocks and contracts +€210,859
up €210,859 (+47.9%), from €440,214 to €651,073
- Receivables within one year -€207,389
down €207,389 (-30.6%), from €677,312 to €469,923
of which Trade receivables: -€211,507
- Tangible fixed assets -€88,244
down €88,244 (-16.0%), from €552,685 to €464,441
of which Leasing and similar rights: -€45,045
- Profit (loss) carried forward +€221,312
up €221,312 (+11.1%), from €2.0m to €2.2m
- Debts after one year -€38,076
down €38,076 (-51.3%), from €74,294 to €36,218
- Gross operating margin +€41,525
up €41,525 (+5.4%), from €772,611 to €814,136
- Staff costs +€33,478
up €33,478 (+14.4%), from €232,103 to €265,581
- Other operating charges -€13,149
down €13,149 (-61.2%), from €21,474 to €8,326
- Depreciation -€9,394
down €9,394 (-13.0%), from €72,319 to €62,924
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 | €3,151,007 | €3,353,587 | +€202,580 | +6.4% |
| Fixed assets | 21/28 | €552,940 | €464,696 | -€88,244 | -16.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €552,685 | €464,441 | -€88,244 | -16.0% |
| Land and buildings | 22 | €67,320 | €67,320 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €102,437 | €62,306 | -€40,131 | -39.2% |
| Leasing and similar rights | 25 | €360,713 | €315,668 | -€45,045 | -12.5% |
| Other tangible fixed assets | 26 | €22,215 | €19,147 | -€3,068 | -13.8% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €2,598,067 | €2,888,891 | +€290,825 | +11.2% |
| Stocks and contracts in progress | 3 | €440,214 | €651,073 | +€210,859 | +47.9% |
| Stocks | 30/36 | €440,214 | €651,073 | +€210,859 | +47.9% |
| Amounts receivable within one year | 40/41 | €677,312 | €469,923 | -€207,389 | -30.6% |
| Trade receivables | 40 | €664,465 | €452,958 | -€211,507 | -31.8% |
| Other amounts receivable | 41 | €12,848 | €16,965 | +€4,118 | +32.1% |
| Cash at bank and in hand | 54/58 | €1,475,128 | €1,763,127 | +€287,999 | +19.5% |
| Deferred charges and accrued income | 490/1 | €5,413 | €4,768 | -€645 | -11.9% |
| Total equity and liabilities | 10/49 | €3,151,007 | €3,353,587 | +€202,580 | +6.4% |
| Equity | 10/15 | €2,174,080 | €2,392,110 | +€218,030 | +10.0% |
| Contributions | 10/11 | €42,500 | €42,500 | = | 0.0% |
| Reserves | 13 | €64,600 | €64,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €60,350 | €60,350 | = | 0.0% |
| Distributable reserves | 133 | €4,250 | €4,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,002,083 | €2,223,395 | +€221,312 | +11.1% |
| Investment grants | 15 | €64,897 | €61,615 | -€3,282 | -5.1% |
| Amounts payable | 17/49 | €976,926 | €961,477 | -€15,450 | -1.6% |
| Amounts payable after more than one year | 17 | €74,294 | €36,218 | -€38,076 | -51.3% |
| Financial debts | 170/4 | €74,294 | €36,218 | -€38,076 | -51.3% |
| Amounts payable within one year | 42/48 | €902,633 | €925,259 | +€22,626 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €37,561 | €38,076 | +€515 | +1.4% |
| Trade debts | 44 | €686,421 | €705,162 | +€18,741 | +2.7% |
| Suppliers | 440/4 | €686,421 | €705,162 | +€18,741 | +2.7% |
| Taxes, remuneration and social security | 45 | €68,650 | €52,021 | -€16,629 | -24.2% |
| Taxes | 450/3 | €32,779 | €23,918 | -€8,861 | -27.0% |
| Remuneration and social security | 454/9 | €35,871 | €28,103 | -€7,768 | -21.7% |
| Other amounts payable | 47/48 | €110,000 | €130,000 | +€20,000 | +18.2% |
| Remuneration, social security and pensions | 62 | €232,103 | €265,581 | +€33,478 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,319 | €62,924 | -€9,394 | -13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,822 | -€4,411 | -€589 | -15.4% |
| Other operating charges | 640/8 | €21,474 | €8,326 | -€13,149 | -61.2% |
| Non-recurring operating charges | 66A | - | €25,320 | +€25,320 | |
| Gross operating margin | 9900 | €772,611 | €814,136 | +€41,525 | +5.4% |
| Operating profit (loss) | 9901 | €450,537 | €456,396 | +€5,859 | +1.3% |
| Financial income | 75/76B | €23,631 | €28,221 | +€4,590 | +19.4% |
| Recurring financial income | 75 | €23,631 | €28,221 | +€4,590 | +19.4% |
| Financial charges | 65/66B | €3,907 | €6,307 | +€2,400 | +61.4% |
| Recurring financial charges | 65 | €3,907 | €6,307 | +€2,400 | +61.4% |
| Profit (loss) for the period before taxes | 9903 | €470,260 | €478,310 | +€8,049 | +1.7% |
| Income taxes | 67/77 | €121,553 | €126,998 | +€5,445 | +4.5% |
| Profit (loss) for the period | 9904 | €348,708 | €351,312 | +€2,604 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €348,708 | €351,312 | +€2,604 | +0.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.