LEBARE: 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.
LEBARE
Largest movements
- Cash -€23,688
down €23,688 (-58.2%), from €40,709 to €17,021
mainly Trade debts (-€14,196) and Accrued charges and deferred income (-€11,364)
- Receivables within one year -€1,788
down €1,788 (-89.4%), from €2,000 to €212
- Trade debts -€14,196
down €14,196 (-73.1%), from €19,414 to €5,218
- Accrued charges and deferred income -€11,364
down €11,364 (-42.9%), from €26,491 to €15,127
- Tax, wage and social debts -€8,059
down €8,059 (-55.0%), from €14,646 to €6,587
of which Taxes: -€7,354
- Advances received +€7,020
up €7,020 (+39.8%), from €17,650 to €24,670
- Other debts +€2,500
new in 2025: €2,500
- Gross operating margin -€10,563
down €10,563 (-21.3%), from €49,516 to €38,953
- Other operating charges -€6,047
down €6,047 (-60.9%), from €9,924 to €3,877
- Staff costs +€1,830
up €1,830 (+5.9%), from €31,112 to €32,942
- Depreciation -€809
down €809 (-23.4%), from €3,450 to €2,641
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 | €62,237 | €36,881 | -€25,356 | -40.7% |
| Fixed assets | 21/28 | €17,869 | €17,627 | -€242 | -1.4% |
| Tangible fixed assets | 22/27 | €17,714 | €17,472 | -€242 | -1.4% |
| Plant, machinery and equipment | 23 | €2,555 | €2,017 | -€538 | -21.1% |
| Furniture and vehicles | 24 | €1,306 | €2,876 | +€1,570 | +120.2% |
| Other tangible fixed assets | 26 | €13,853 | €12,579 | -€1,274 | -9.2% |
| Financial fixed assets | 28 | €155 | €155 | = | 0.0% |
| Current assets | 29/58 | €44,368 | €19,254 | -€25,114 | -56.6% |
| Stocks and contracts in progress | 3 | €1,600 | €1,945 | +€345 | +21.6% |
| Stocks | 30/36 | €1,600 | €1,945 | +€345 | +21.6% |
| Amounts receivable within one year | 40/41 | €2,000 | €212 | -€1,788 | -89.4% |
| Trade receivables | 40 | €2,000 | €212 | -€1,788 | -89.4% |
| Cash at bank and in hand | 54/58 | €40,709 | €17,021 | -€23,688 | -58.2% |
| Deferred charges and accrued income | 490/1 | €59 | €76 | +€17 | +28.8% |
| Total equity and liabilities | 10/49 | €62,237 | €36,881 | -€25,356 | -40.7% |
| Equity | 10/15 | -€15,964 | -€17,221 | -€1,257 | -7.9% |
| Contributions | 10/11 | €133,600 | €133,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,564 | -€150,821 | -€1,257 | -0.8% |
| Amounts payable | 17/49 | €78,201 | €54,102 | -€24,099 | -30.8% |
| Amounts payable within one year | 42/48 | €51,710 | €38,975 | -€12,735 | -24.6% |
| Trade debts | 44 | €19,414 | €5,218 | -€14,196 | -73.1% |
| Suppliers | 440/4 | €19,414 | €5,218 | -€14,196 | -73.1% |
| Advances received on contracts in progress | 46 | €17,650 | €24,670 | +€7,020 | +39.8% |
| Taxes, remuneration and social security | 45 | €14,646 | €6,587 | -€8,059 | -55.0% |
| Taxes | 450/3 | €13,029 | €5,675 | -€7,354 | -56.4% |
| Remuneration and social security | 454/9 | €1,617 | €912 | -€705 | -43.6% |
| Other amounts payable | 47/48 | - | €2,500 | +€2,500 | |
| Accrued charges and deferred income | 492/3 | €26,491 | €15,127 | -€11,364 | -42.9% |
| Remuneration, social security and pensions | 62 | €31,112 | €32,942 | +€1,830 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,450 | €2,641 | -€809 | -23.4% |
| Other operating charges | 640/8 | €9,924 | €3,877 | -€6,047 | -60.9% |
| Gross operating margin | 9900 | €49,516 | €38,953 | -€10,563 | -21.3% |
| Operating profit (loss) | 9901 | €5,030 | -€507 | -€5,537 | |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €591 | €750 | +€159 | +26.9% |
| Recurring financial charges | 65 | €591 | €750 | +€159 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €4,447 | -€1,257 | -€5,704 | |
| Profit (loss) for the period | 9904 | €4,447 | -€1,257 | -€5,704 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,447 | -€1,257 | -€5,704 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.