LEBAS ARNAUD: 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.
LEBAS ARNAUD
Largest movements
- Receivables within one year +€6,156
up €6,156 (+314%), from €1,962 to €8,117
of which Trade receivables: +€4,720
- Tangible fixed assets +€4,206
up €4,206 (+20.1%), from €20,900 to €25,106
of which Plant, machinery and equipment: +€6,206
- Cash -€4,084
down €4,084 (-4.1%), from €100,621 to €96,537
mainly Contributions, distributions and other (-€80,000) and Investment in fixed assets (net) (-€7,746)
- Profit (loss) carried forward -€43,429
down €43,429 (-40.7%), from €106,582 to €63,153
- Other debts +€35,976
up €35,976 (+2,915%), from €1,234 to €37,211
- Tax, wage and social debts +€13,126
up €13,126 (+120%), from €10,946 to €24,071
of which Taxes: +€10,726
- Gross operating margin -€29,918
down €29,918 (-35.4%), from €84,480 to €54,563
- Taxes -€5,725
down €5,725 (-35.9%), from €15,949 to €10,224
- Financial charges +€1,104
up €1,104 (+77.8%), from €1,418 to €2,522
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.
Derived cash bridge
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 | €125,820 | €132,308 | +€6,488 | +5.2% |
| Fixed assets | 21/28 | €20,900 | €25,106 | +€4,206 | +20.1% |
| Tangible fixed assets | 22/27 | €20,900 | €25,106 | +€4,206 | +20.1% |
| Land and buildings | 22 | €19,082 | €17,082 | -€2,000 | -10.5% |
| Plant, machinery and equipment | 23 | €1,818 | €8,024 | +€6,206 | +341% |
| Current assets | 29/58 | €104,920 | €107,203 | +€2,282 | +2.2% |
| Amounts receivable within one year | 40/41 | €1,962 | €8,117 | +€6,156 | +314% |
| Trade receivables | 40 | €1,122 | €5,842 | +€4,720 | +421% |
| Other amounts receivable | 41 | €840 | €2,276 | +€1,436 | +171% |
| Cash at bank and in hand | 54/58 | €100,621 | €96,537 | -€4,084 | -4.1% |
| Deferred charges and accrued income | 490/1 | €2,337 | €2,548 | +€211 | +9.0% |
| Total equity and liabilities | 10/49 | €125,820 | €132,308 | +€6,488 | +5.2% |
| Equity | 10/15 | €111,582 | €68,153 | -€43,429 | -38.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,582 | €63,153 | -€43,429 | -40.7% |
| Amounts payable | 17/49 | €14,238 | €64,155 | +€49,917 | +351% |
| Amounts payable within one year | 42/48 | €14,238 | €64,155 | +€49,917 | +351% |
| Trade debts | 44 | €2,058 | €2,873 | +€815 | +39.6% |
| Suppliers | 440/4 | €2,058 | €2,873 | +€815 | +39.6% |
| Taxes, remuneration and social security | 45 | €10,946 | €24,071 | +€13,126 | +120% |
| Taxes | 450/3 | €10,946 | €21,671 | +€10,726 | +98.0% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €1,234 | €37,211 | +€35,976 | +2,915% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,026 | €3,540 | -€486 | -12.1% |
| Other operating charges | 640/8 | €1,948 | €1,828 | -€120 | -6.2% |
| Gross operating margin | 9900 | €84,480 | €54,563 | -€29,918 | -35.4% |
| Operating profit (loss) | 9901 | €78,506 | €49,195 | -€29,311 | -37.3% |
| Financial income | 75/76B | €1 | €122 | +€121 | +15,921% |
| Recurring financial income | 75 | €1 | €122 | +€121 | +15,921% |
| Financial charges | 65/66B | €1,418 | €2,522 | +€1,104 | +77.8% |
| Recurring financial charges | 65 | €1,418 | €2,522 | +€1,104 | +77.8% |
| Profit (loss) for the period before taxes | 9903 | €77,088 | €46,795 | -€30,294 | -39.3% |
| Income taxes | 67/77 | €15,949 | €10,224 | -€5,725 | -35.9% |
| Profit (loss) for the period | 9904 | €61,139 | €36,571 | -€24,569 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,139 | €36,571 | -€24,569 | -40.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.