LEBON CODE: 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.
LEBON CODE
Largest movements
- Cash +€4,063
up €4,063 (+19.1%), from €21,260 to €25,323
mainly Net result for the year (+€22,982) and Other debts (+€17,587)
- Receivables within one year +€3,231
up €3,231 (+66.8%), from €4,840 to €8,071
- Tangible fixed assets -€3,085
down €3,085 (-17.3%), from €17,843 to €14,759
- Deferred charges and accrued income +€500
up €500 (+38.8%), from €1,291 to €1,791
- Other debts +€17,587
up €17,587 (+111.2%), from €15,819 to €33,406
- Profit (loss) carried forward -€5,133
no longer reported in 2025 (was €5,133)
- Debts after one year -€3,479
down €3,479 (-79.4%), from €4,381 to €902
- Tax, wage and social debts -€3,190
down €3,190 (-37.6%), from €8,482 to €5,292
- Trade debts -€1,674
down €1,674 (-54.5%), from €3,071 to €1,397
- Gross operating margin +€5,896
up €5,896 (+19.9%), from €29,592 to €35,488
- Taxes +€3,626
up €3,626 (+109.6%), from €3,309 to €6,935
- Depreciation +€1,177
up €1,177 (+37.9%), from €3,108 to €4,286
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 | €45,234 | €49,943 | +€4,709 | +10.4% |
| Fixed assets | 21/28 | €17,843 | €14,759 | -€3,085 | -17.3% |
| Tangible fixed assets | 22/27 | €17,843 | €14,759 | -€3,085 | -17.3% |
| Furniture and vehicles | 24 | €17,843 | €14,759 | -€3,085 | -17.3% |
| Current assets | 29/58 | €27,390 | €35,184 | +€7,794 | +28.5% |
| Amounts receivable within one year | 40/41 | €4,840 | €8,071 | +€3,231 | +66.8% |
| Trade receivables | 40 | €4,840 | €8,071 | +€3,231 | +66.8% |
| Cash at bank and in hand | 54/58 | €21,260 | €25,323 | +€4,063 | +19.1% |
| Deferred charges and accrued income | 490/1 | €1,291 | €1,791 | +€500 | +38.8% |
| Total equity and liabilities | 10/49 | €45,234 | €49,943 | +€4,709 | +10.4% |
| Equity | 10/15 | €10,133 | €5,000 | -€5,133 | -50.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,133 | - | -€5,133 | |
| Amounts payable | 17/49 | €35,101 | €44,943 | +€9,842 | +28.0% |
| Amounts payable after more than one year | 17 | €4,381 | €902 | -€3,479 | -79.4% |
| Financial debts | 170/4 | €4,381 | €902 | -€3,479 | -79.4% |
| Amounts payable within one year | 42/48 | €30,654 | €43,574 | +€12,920 | +42.1% |
| Current portion of amounts payable after more than one year | 42 | €3,282 | €3,479 | +€197 | +6.0% |
| Trade debts | 44 | €3,071 | €1,397 | -€1,674 | -54.5% |
| Suppliers | 440/4 | €3,071 | €1,397 | -€1,674 | -54.5% |
| Taxes, remuneration and social security | 45 | €8,482 | €5,292 | -€3,190 | -37.6% |
| Taxes | 450/3 | €8,482 | €5,292 | -€3,190 | -37.6% |
| Other amounts payable | 47/48 | €15,819 | €33,406 | +€17,587 | +111.2% |
| Accrued charges and deferred income | 492/3 | €66 | €467 | +€401 | +610.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,108 | €4,286 | +€1,177 | +37.9% |
| Other operating charges | 640/8 | €952 | €788 | -€164 | -17.2% |
| Gross operating margin | 9900 | €29,592 | €35,488 | +€5,896 | +19.9% |
| Operating profit (loss) | 9901 | €25,531 | €30,414 | +€4,883 | +19.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €716 | €497 | -€219 | -30.6% |
| Recurring financial charges | 65 | €716 | €497 | -€219 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €24,816 | €29,917 | +€5,102 | +20.6% |
| Income taxes | 67/77 | €3,309 | €6,935 | +€3,626 | +109.6% |
| Profit (loss) for the period | 9904 | €21,507 | €22,982 | +€1,476 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,507 | €22,982 | +€1,476 | +6.9% |
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.