LEBIUS: 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.
What changed
LEBIUS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€48,399
2024 · -€65,277+€16,878
Equity
-€185,484
2024 · -€137,084-€48,399
Cash
€20,583
2024 · €16,589+€3,994
Balance sheet total
€2.0m
2024 · €2.0m-€1,763
Largest movements
Assets
- Current investments +€55,142
new in 2025: €55,142
- Receivables within one year -€30,675
down €30,675 (-41.5%), from €73,942 to €43,267
of which Trade receivables: -€17,013
- Tangible fixed assets -€27,415
down €27,415 (-1.4%), from €1.9m to €1.9m
of which Land and buildings: -€28,828
Equity and liabilities
- Profit (loss) carried forward -€48,399
down €48,399 (-22.4%), from -€215,950 to -€264,349
- Debts after one year +€42,843
up €42,843 (+2.1%), from €2.0m to €2.1m
Income statement
- Gross operating margin +€54,961
up €54,961 (+55.8%), from €98,478 to €153,439
- Financial charges +€21,686
up €21,686 (+88.1%), from €24,613 to €46,299
- Depreciation +€15,662
up €15,662 (+12.1%), from €129,124 to €144,786
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.
Result 2024
-€65,277
Gross operating margin
+€54,961
Depreciation
-€15,662
Other operating charges
-€445
Financial income
-€473
Financial charges
-€21,686
Taxes
+€183
Result 2025
-€48,399
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.
From operations
+€130,428
Investment
-€170,702
Financing
+€44,268
Cash 2024
€16,589
From operations (derived)
+€130,428
Net result for the year
-€48,399
Depreciation
+€144,786
Receivables within one year
+€30,675
Deferred charges and accrued income
+€998
Trade debts
-€16,476
Tax, wage and social debts
+€13,129
Advances received
+€196
Other debts
+€4,147
Accrued charges and deferred income
+€1,372
Investment (derived)
-€170,702
Investment in fixed assets (net)
-€115,560
Current investments
-€55,142
Financing
+€44,268
Debts after one year
+€42,843
Current portion of long-term debt
+€1,426
Cash 2025
€20,583
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,031,436 | €2,029,673 | -€1,763 | -0.1% |
| Fixed assets | 21/28 | €1,937,126 | €1,907,899 | -€29,226 | -1.5% |
| Intangible fixed assets | 21 | €6,966 | €5,155 | -€1,811 | -26.0% |
| Tangible fixed assets | 22/27 | €1,930,159 | €1,902,744 | -€27,415 | -1.4% |
| Land and buildings | 22 | €1,898,823 | €1,869,995 | -€28,828 | -1.5% |
| Plant, machinery and equipment | 23 | €195 | €2,683 | +€2,488 | +1274.5% |
| Furniture and vehicles | 24 | €31,141 | €30,067 | -€1,075 | -3.5% |
| Current assets | 29/58 | €94,311 | €121,773 | +€27,463 | +29.1% |
| Amounts receivable within one year | 40/41 | €73,942 | €43,267 | -€30,675 | -41.5% |
| Trade receivables | 40 | €58,424 | €41,411 | -€17,013 | -29.1% |
| Other amounts receivable | 41 | €15,518 | €1,856 | -€13,662 | -88.0% |
| Current investments | 50/53 | - | €55,142 | +€55,142 | |
| Cash at bank and in hand | 54/58 | €16,589 | €20,583 | +€3,994 | +24.1% |
| Deferred charges and accrued income | 490/1 | €3,779 | €2,781 | -€998 | -26.4% |
| Total equity and liabilities | 10/49 | €2,031,436 | €2,029,673 | -€1,763 | -0.1% |
| Equity | 10/15 | -€137,084 | -€185,484 | -€48,399 | -35.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €60,265 | €60,265 | = | 0.0% |
| Distributable reserves | 133 | €60,265 | €60,265 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€215,950 | -€264,349 | -€48,399 | -22.4% |
| Amounts payable | 17/49 | €2,168,520 | €2,215,156 | +€46,636 | +2.2% |
| Amounts payable after more than one year | 17 | €2,038,353 | €2,081,196 | +€42,843 | +2.1% |
| Financial debts | 170/4 | €2,038,353 | €2,081,196 | +€42,843 | +2.1% |
| Amounts payable within one year | 42/48 | €124,789 | €127,211 | +€2,421 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €90,732 | €92,157 | +€1,426 | +1.6% |
| Trade debts | 44 | €29,757 | €13,281 | -€16,476 | -55.4% |
| Suppliers | 440/4 | €29,757 | €13,281 | -€16,476 | -55.4% |
| Advances received on contracts in progress | 46 | - | €196 | +€196 | |
| Taxes, remuneration and social security | 45 | €4,301 | €17,430 | +€13,129 | +305.3% |
| Taxes | 450/3 | €4,301 | €17,430 | +€13,129 | +305.3% |
| Other amounts payable | 47/48 | €0 | €4,147 | +€4,147 | |
| Accrued charges and deferred income | 492/3 | €5,378 | €6,750 | +€1,372 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,124 | €144,786 | +€15,662 | +12.1% |
| Other operating charges | 640/8 | €10,842 | €11,287 | +€445 | +4.1% |
| Gross operating margin | 9900 | €98,478 | €153,439 | +€54,961 | +55.8% |
| Operating profit (loss) | 9901 | -€41,488 | -€2,634 | +€38,854 | +93.7% |
| Financial income | 75/76B | €1,186 | €713 | -€473 | -39.9% |
| Recurring financial income | 75 | €1,186 | €713 | -€473 | -39.9% |
| Financial charges | 65/66B | €24,613 | €46,299 | +€21,686 | +88.1% |
| Recurring financial charges | 65 | €24,613 | €46,299 | +€21,686 | +88.1% |
| Profit (loss) for the period before taxes | 9903 | -€64,915 | -€48,220 | +€16,695 | +25.7% |
| Income taxes | 67/77 | €362 | €179 | -€183 | -50.5% |
| Profit (loss) for the period | 9904 | -€65,277 | -€48,399 | +€16,878 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,277 | -€48,399 | +€16,878 | +25.9% |
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 6 October 2026 via checked.be.