LE2: 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.
LE2
Largest movements
- Cash +€15,983
up €15,983 (+84.3%), from €18,962 to €34,945
mainly Net result for the year (+€17,028) and Depreciation (+€8,182)
- Tangible fixed assets +€6,828
up €6,828 (+64.6%), from €10,575 to €17,403
of which Furniture and vehicles: +€8,475
- Receivables within one year -€929
down €929 (-10.1%), from €9,171 to €8,242
of which Other amounts receivable: -€1,137
- Reserves +€15,304
up €15,304 (+63.9%), from €23,952 to €39,257
- Trade debts +€3,674
up €3,674 (+294.2%), from €1,249 to €4,922
- Tax, wage and social debts +€1,908
up €1,908 (+95.6%), from €1,995 to €3,902
- Profit (loss) carried forward +€924
no longer reported in 2024 (was -€924)
- Gross operating margin +€30,333
up €30,333 (+721.0%), from €4,207 to €34,541
- Taxes +€7,079
up €7,079 (+879.3%), from €805 to €7,884
- Depreciation +€5,041
up €5,041 (+160.5%), from €3,141 to €8,182
- Other operating charges +€769
up €769 (+130.2%), from €591 to €1,360
- Financial charges -€518
down €518 (-70.7%), from €733 to €215
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,835 | €62,161 | +€22,326 | +56.0% |
| Fixed assets | 21/28 | €10,575 | €17,403 | +€6,828 | +64.6% |
| Tangible fixed assets | 22/27 | €10,575 | €17,403 | +€6,828 | +64.6% |
| Land and buildings | 22 | €9,833 | €8,186 | -€1,647 | -16.7% |
| Furniture and vehicles | 24 | €743 | €9,218 | +€8,475 | +1141.1% |
| Current assets | 29/58 | €29,260 | €44,758 | +€15,498 | +53.0% |
| Amounts receivable within one year | 40/41 | €9,171 | €8,242 | -€929 | -10.1% |
| Trade receivables | 40 | - | €208 | +€208 | |
| Other amounts receivable | 41 | €9,171 | €8,034 | -€1,137 | -12.4% |
| Cash at bank and in hand | 54/58 | €18,962 | €34,945 | +€15,983 | +84.3% |
| Deferred charges and accrued income | 490/1 | €1,126 | €1,570 | +€444 | +39.4% |
| Total equity and liabilities | 10/49 | €39,835 | €62,161 | +€22,326 | +56.0% |
| Equity | 10/15 | €35,428 | €51,657 | +€16,228 | +45.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Share premium | 1100/10 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €23,952 | €39,257 | +€15,304 | +63.9% |
| Distributable reserves | 133 | €23,952 | €39,257 | +€15,304 | +63.9% |
| Profit (loss) carried forward | 14 | -€924 | - | +€924 | |
| Amounts payable | 17/49 | €4,407 | €10,504 | +€6,098 | +138.4% |
| Amounts payable within one year | 42/48 | €4,407 | €10,504 | +€6,098 | +138.4% |
| Trade debts | 44 | €1,249 | €4,922 | +€3,674 | +294.2% |
| Suppliers | 440/4 | €1,249 | €4,922 | +€3,674 | +294.2% |
| Taxes, remuneration and social security | 45 | €1,995 | €3,902 | +€1,908 | +95.6% |
| Taxes | 450/3 | €1,995 | €3,902 | +€1,908 | +95.6% |
| Other amounts payable | 47/48 | €1,164 | €1,680 | +€516 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,141 | €8,182 | +€5,041 | +160.5% |
| Other operating charges | 640/8 | €591 | €1,360 | +€769 | +130.2% |
| Gross operating margin | 9900 | €4,207 | €34,541 | +€30,333 | +721.0% |
| Operating profit (loss) | 9901 | €475 | €24,998 | +€24,523 | +5160.8% |
| Financial income | 75/76B | €139 | €129 | -€10 | -7.2% |
| Recurring financial income | 75 | €139 | €129 | -€10 | -7.2% |
| Financial charges | 65/66B | €733 | €215 | -€518 | -70.7% |
| Recurring financial charges | 65 | €733 | €215 | -€518 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | -€119 | €24,912 | +€25,031 | |
| Income taxes | 67/77 | €805 | €7,884 | +€7,079 | +879.3% |
| Profit (loss) for the period | 9904 | -€924 | €17,028 | +€17,953 | |
| Profit (loss) for the period to be appropriated | 9905 | -€924 | €17,028 | +€17,953 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.