LE NEC: what changed
LE NEC
Largest movements
- Cash +€15,461
up €15,461 (+2,614%), from €591 to €16,052
mainly Other debts (+€17,358) and Depreciation (+€5,489)
- Tangible fixed assets -€5,489
down €5,489 (-6.6%), from €83,161 to €77,672
of which Land and buildings: -€5,259
- Receivables within one year +€1,988
up €1,988 (+7.3%), from €27,354 to €29,342
- Other debts +€17,358
up €17,358 (+4.2%), from €409,962 to €427,320
- Profit (loss) carried forward -€2,499
down €2,499 (-0.8%), from -€324,979 to -€327,478
- Tax, wage and social debts -€1,661
down €1,661 (-60.5%), from €2,748 to €1,086
- Trade debts -€1,238
down €1,238 (-25.9%), from €4,776 to €3,538
- Gross operating margin +€7,781
up €7,781, from -€5,211 to €2,571
- Financial income +€910
new in 2025: €910
- Taxes -€872
down €872 (-77.8%), from €1,122 to €249
- Depreciation -€77
down €77 (-1.4%), from €5,566 to €5,489
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,106 | €123,066 | +€11,959 | +10.8% |
| Fixed assets | 21/28 | €83,161 | €77,672 | -€5,489 | -6.6% |
| Tangible fixed assets | 22/27 | €83,161 | €77,672 | -€5,489 | -6.6% |
| Land and buildings | 22 | €82,931 | €77,672 | -€5,259 | -6.3% |
| Plant, machinery and equipment | 23 | €230 | €0 | -€230 | -100% |
| Current assets | 29/58 | €27,945 | €45,394 | +€17,449 | +62.4% |
| Amounts receivable within one year | 40/41 | €27,354 | €29,342 | +€1,988 | +7.3% |
| Other amounts receivable | 41 | €27,354 | €29,342 | +€1,988 | +7.3% |
| Cash at bank and in hand | 54/58 | €591 | €16,052 | +€15,461 | +2,614% |
| Total equity and liabilities | 10/49 | €111,106 | €123,066 | +€11,959 | +10.8% |
| Equity | 10/15 | -€306,379 | -€308,878 | -€2,499 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€324,979 | -€327,478 | -€2,499 | -0.8% |
| Amounts payable | 17/49 | €417,485 | €431,944 | +€14,459 | +3.5% |
| Amounts payable within one year | 42/48 | €417,485 | €431,944 | +€14,459 | +3.5% |
| Trade debts | 44 | €4,776 | €3,538 | -€1,238 | -25.9% |
| Suppliers | 440/4 | €4,776 | €3,538 | -€1,238 | -25.9% |
| Taxes, remuneration and social security | 45 | €2,748 | €1,086 | -€1,661 | -60.5% |
| Taxes | 450/3 | €2,748 | €1,086 | -€1,661 | -60.5% |
| Other amounts payable | 47/48 | €409,962 | €427,320 | +€17,358 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,566 | €5,489 | -€77 | -1.4% |
| Other operating charges | 640/8 | €50 | €91 | +€41 | +81.4% |
| Gross operating margin | 9900 | -€5,211 | €2,571 | +€7,781 | |
| Operating profit (loss) | 9901 | -€10,827 | -€3,009 | +€7,817 | +72.2% |
| Financial income | 75/76B | - | €910 | +€910 | |
| Recurring financial income | 75 | - | €910 | +€910 | |
| Financial charges | 65/66B | €170 | €151 | -€19 | -11.1% |
| Recurring financial charges | 65 | €170 | €151 | -€19 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,996 | -€2,250 | +€8,746 | +79.5% |
| Income taxes | 67/77 | €1,122 | €249 | -€872 | -77.8% |
| Profit (loss) for the period | 9904 | -€12,118 | -€2,499 | +€9,619 | +79.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,118 | -€2,499 | +€9,619 | +79.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.