LEBSY: 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.
LEBSY
Largest movements
- Cash +€144,692
up €144,692 (+112.6%), from €128,541 to €273,233
mainly Net result for the year (+€77,590) and Depreciation (+€24,248)
- Receivables within one year -€22,518
down €22,518 (-81.8%), from €27,521 to €5,004
- Tangible fixed assets -€21,729
down €21,729 (-6.1%), from €359,028 to €337,299
of which Land and buildings: -€21,833
- Deferred charges and accrued income -€10,521
down €10,521 (-15.6%), from €67,348 to €56,827
- Reserves +€77,590
up €77,590 (+16.0%), from €485,316 to €562,905
- Tax, wage and social debts +€14,951
up €14,951 (+506.4%), from €2,953 to €17,903
- Gross operating margin +€104,818
up €104,818 (+202.1%), from €51,865 to €156,683
- Taxes +€34,898
up €34,898 (+335.7%), from €10,396 to €45,294
- Depreciation -€8,338
down €8,338 (-25.6%), from €32,586 to €24,248
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 | €582,439 | €672,362 | +€89,923 | +15.4% |
| Fixed assets | 21/28 | €359,028 | €337,299 | -€21,729 | -6.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €359,028 | €337,299 | -€21,729 | -6.1% |
| Land and buildings | 22 | €341,702 | €319,869 | -€21,833 | -6.4% |
| Plant, machinery and equipment | 23 | €5,408 | €4,694 | -€714 | -13.2% |
| Furniture and vehicles | 24 | €1,797 | €884 | -€913 | -50.8% |
| Other tangible fixed assets | 26 | €10,122 | €11,852 | +€1,730 | +17.1% |
| Current assets | 29/58 | €223,410 | €335,063 | +€111,653 | +50.0% |
| Amounts receivable within one year | 40/41 | €27,521 | €5,004 | -€22,518 | -81.8% |
| Other amounts receivable | 41 | €27,521 | €5,004 | -€22,518 | -81.8% |
| Cash at bank and in hand | 54/58 | €128,541 | €273,233 | +€144,692 | +112.6% |
| Deferred charges and accrued income | 490/1 | €67,348 | €56,827 | -€10,521 | -15.6% |
| Total equity and liabilities | 10/49 | €582,439 | €672,362 | +€89,923 | +15.4% |
| Equity | 10/15 | €567,121 | €644,710 | +€77,590 | +13.7% |
| Contributions | 10/11 | €81,805 | €81,805 | = | 0.0% |
| Reserves | 13 | €485,316 | €562,905 | +€77,590 | +16.0% |
| Distributable reserves | 133 | €485,316 | €562,905 | +€77,590 | +16.0% |
| Amounts payable | 17/49 | €15,318 | €27,652 | +€12,333 | +80.5% |
| Amounts payable within one year | 42/48 | €15,252 | €27,121 | +€11,869 | +77.8% |
| Current portion of amounts payable after more than one year | 42 | €2,574 | €2,574 | +€0 | 0.0% |
| Trade debts | 44 | €9,725 | €5,637 | -€4,089 | -42.0% |
| Suppliers | 440/4 | €9,725 | €5,637 | -€4,089 | -42.0% |
| Taxes, remuneration and social security | 45 | €2,953 | €17,903 | +€14,951 | +506.4% |
| Taxes | 450/3 | €2,953 | €17,903 | +€14,951 | +506.4% |
| Other amounts payable | 47/48 | - | €1,007 | +€1,007 | |
| Accrued charges and deferred income | 492/3 | €66 | €531 | +€465 | +707.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,586 | €24,248 | -€8,338 | -25.6% |
| Other operating charges | 640/8 | €8,042 | €8,596 | +€554 | +6.9% |
| Gross operating margin | 9900 | €51,865 | €156,683 | +€104,818 | +202.1% |
| Operating profit (loss) | 9901 | €11,237 | €123,839 | +€112,602 | +1002.0% |
| Financial income | 75/76B | €1,333 | €1,181 | -€152 | -11.4% |
| Recurring financial income | 75 | €1,333 | €1,181 | -€152 | -11.4% |
| Financial charges | 65/66B | €708 | €2,136 | +€1,429 | +201.9% |
| Recurring financial charges | 65 | €708 | €2,136 | +€1,429 | +201.9% |
| Profit (loss) for the period before taxes | 9903 | €11,863 | €122,884 | +€111,021 | +935.9% |
| Income taxes | 67/77 | €10,396 | €45,294 | +€34,898 | +335.7% |
| Profit (loss) for the period | 9904 | €1,467 | €77,590 | +€76,123 | +5189.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,467 | €77,590 | +€76,123 | +5189.8% |
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 10 October 2026 via checked.be.