Lebeau19: what changed
What changed
Lebeau19
NACE 55.100, Hotels and similar accommodation
filed annual accounts (NBB)
Net result for the year
-€157,870
2024 · €87,450-€245,320
Equity
-€396,458
2024 · -€238,588-€157,870
Cash
€83,116
2024 · €139,320-€56,204
Balance sheet total
€1.3m
2024 · €1.2m+€76,244
Largest movements
Assets
- Tangible fixed assets +€73,088
up €73,088 (+8.2%), from €893,402 to €966,490
of which Other tangible fixed assets: +€63,303
- Cash -€56,204
down €56,204 (-40.3%), from €139,320 to €83,116
mainly Other debts (-€642,210) and Investment in fixed assets (net) (-€269,153)
- Stocks and contracts +€42,382
up €42,382 (+32.9%), from €128,698 to €171,080
- Receivables within one year +€21,186
up €21,186 (+82.4%), from €25,701 to €46,887
of which Other amounts receivable: +€39,541
Equity and liabilities
- Debts after one year +€997,178
up €997,178 (+353%), from €282,762 to €1.3m
of which Financial debts: +€1.0m
- Other debts -€642,210
down €642,210 (-98.8%), from €650,000 to €7,790
- Profit (loss) carried forward -€157,870
down €157,870 (-64.1%), from -€246,338 to -€404,208
- Current portion of long-term debt -€102,847
down €102,847 (-97.3%), from €105,669 to €2,822
- Trade debts +€101,681
up €101,681 (+70.6%), from €144,085 to €245,766
Income statement
- Gross operating margin -€691,997
down €691,997 (-42.0%), from €1.6m to €956,423
- Staff costs -€441,645
down €441,645 (-33.6%), from €1.3m to €874,449
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.
Result 2024
€87,450
Gross operating margin
-€691,997
Staff costs
+€441,645
Depreciation
-€12,081
Other operating charges
+€2,862
Financial income
+€40
Financial charges
+€13,889
Taxes
+€322
Result 2025
-€157,870
raises the resultlowers the result
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.
From operations
-€680,624
Investment
-€269,153
Financing
+€893,573
Cash 2024
€139,320
From operations (derived)
-€680,624
Net result for the year
-€157,870
Depreciation
+€197,007
Stocks and contracts
-€42,382
Receivables within one year
-€21,186
Deferred charges and accrued income
+€3,266
Trade debts
+€101,681
Tax, wage and social debts
-€13,123
Advances received
-€9,687
Other debts
-€642,210
Accrued charges and deferred income
-€96,121
Investment (derived)
-€269,153
Investment in fixed assets (net)
-€269,153
Financing
+€893,573
Debts after one year
+€997,178
Current portion of long-term debt
-€102,847
Short-term financial debts
-€758
Cash 2025
€83,116
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,201,346 | €1,277,590 | +€76,244 | +6.3% |
| Formation expenses | 20 | €1,169 | €226 | -€943 | -80.7% |
| Fixed assets | 21/28 | €893,402 | €966,490 | +€73,088 | +8.2% |
| Tangible fixed assets | 22/27 | €893,402 | €966,490 | +€73,088 | +8.2% |
| Plant, machinery and equipment | 23 | €196,784 | €227,529 | +€30,744 | +15.6% |
| Furniture and vehicles | 24 | €41,210 | €20,250 | -€20,959 | -50.9% |
| Other tangible fixed assets | 26 | €655,408 | €718,711 | +€63,303 | +9.7% |
| Current assets | 29/58 | €306,775 | €310,873 | +€4,099 | +1.3% |
| Stocks and contracts in progress | 3 | €128,698 | €171,080 | +€42,382 | +32.9% |
| Stocks | 30/36 | €128,698 | €171,080 | +€42,382 | +32.9% |
| Amounts receivable within one year | 40/41 | €25,701 | €46,887 | +€21,186 | +82.4% |
| Trade receivables | 40 | €23,674 | €5,320 | -€18,355 | -77.5% |
| Other amounts receivable | 41 | €2,027 | €41,568 | +€39,541 | +1,951% |
| Cash at bank and in hand | 54/58 | €139,320 | €83,116 | -€56,204 | -40.3% |
| Deferred charges and accrued income | 490/1 | €13,057 | €9,790 | -€3,266 | -25.0% |
| Total equity and liabilities | 10/49 | €1,201,346 | €1,277,590 | +€76,244 | +6.3% |
| Equity | 10/15 | -€238,588 | -€396,458 | -€157,870 | -66.2% |
| Contributions | 10/11 | €7,750 | €7,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€246,338 | -€404,208 | -€157,870 | -64.1% |
| Amounts payable | 17/49 | €1,439,934 | €1,674,048 | +€234,114 | +16.3% |
| Amounts payable after more than one year | 17 | €282,762 | €1,279,940 | +€997,178 | +353% |
| Financial debts | 170/4 | €279,940 | €1,279,940 | +€1.0m | +357% |
| Other amounts payable | 178/9 | €2,822 | - | -€2,822 | |
| Amounts payable within one year | 42/48 | €1,061,051 | €394,108 | -€666,943 | -62.9% |
| Current portion of amounts payable after more than one year | 42 | €105,669 | €2,822 | -€102,847 | -97.3% |
| Financial debts | 43 | €100,758 | €100,000 | -€758 | -0.8% |
| Credit institutions | 430/8 | €100,758 | €100,000 | -€758 | -0.8% |
| Trade debts | 44 | €144,085 | €245,766 | +€101,681 | +70.6% |
| Suppliers | 440/4 | €144,085 | €245,766 | +€101,681 | +70.6% |
| Advances received on contracts in progress | 46 | €13,361 | €3,674 | -€9,687 | -72.5% |
| Taxes, remuneration and social security | 45 | €47,177 | €34,055 | -€13,123 | -27.8% |
| Taxes | 450/3 | €7,683 | - | -€7,683 | |
| Remuneration and social security | 454/9 | €39,494 | €34,055 | -€5,439 | -13.8% |
| Other amounts payable | 47/48 | €650,000 | €7,790 | -€642,210 | -98.8% |
| Accrued charges and deferred income | 492/3 | €96,121 | - | -€96,121 | |
| Non-recurring operating income | 76A | €441,432 | - | -€441,432 | |
| Remuneration, social security and pensions | 62 | €1,316,094 | €874,449 | -€441,645 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,926 | €197,007 | +€12,081 | +6.5% |
| Other operating charges | 640/8 | €13,879 | €11,017 | -€2,862 | -20.6% |
| Gross operating margin | 9900 | €1,648,420 | €956,423 | -€691,997 | -42.0% |
| Operating profit (loss) | 9901 | €133,520 | -€126,051 | -€259,571 | |
| Financial income | 75/76B | €604 | €644 | +€40 | +6.7% |
| Recurring financial income | 75 | €604 | €644 | +€40 | +6.7% |
| Financial charges | 65/66B | €46,352 | €32,463 | -€13,889 | -30.0% |
| Recurring financial charges | 65 | €46,352 | €32,463 | -€13,889 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €87,772 | -€157,870 | -€245,642 | |
| Income taxes | 67/77 | €322 | - | -€322 | |
| Profit (loss) for the period | 9904 | €87,450 | -€157,870 | -€245,320 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,450 | -€157,870 | -€245,320 |
Next steps
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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 7 November 2026 via checked.be.