LEBTEC: 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.
LEBTEC
Largest movements
- Cash -€17,768
down €17,768 (-56.3%), from €31,557 to €13,789
mainly Trade debts (-€15,060) and Net result for the year (-€12,279)
- Deferred charges and accrued income -€8,769
down €8,769 (-89.4%), from €9,813 to €1,044
- Tangible fixed assets -€981
down €981 (-33.7%), from €2,911 to €1,930
- Trade debts -€15,060
down €15,060 (-77.3%), from €19,490 to €4,430
- Profit (loss) carried forward -€12,279
new in 2025: -€12,279
- Tax, wage and social debts -€1,305
down €1,305 (-100%), from €1,305 to €0
- Other debts +€1,213
new in 2025: €1,213
- Gross operating margin -€38,896
down €38,896, from €28,963 to -€9,934
- Taxes -€5,702
down €5,702 (-100%), from €5,702 to €0
- Depreciation +€949
up €949 (+2,901%), from €33 to €981
- Other operating charges +€708
up €708 (+115%), from €613 to €1,320
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 | €44,370 | €16,940 | -€27,430 | -61.8% |
| Fixed assets | 21/28 | €2,911 | €1,930 | -€981 | -33.7% |
| Tangible fixed assets | 22/27 | €2,911 | €1,930 | -€981 | -33.7% |
| Furniture and vehicles | 24 | €2,911 | €1,930 | -€981 | -33.7% |
| Current assets | 29/58 | €41,460 | €15,010 | -€26,449 | -63.8% |
| Amounts receivable within one year | 40/41 | €90 | €177 | +€87 | +96.6% |
| Other amounts receivable | 41 | €90 | €177 | +€87 | +96.6% |
| Cash at bank and in hand | 54/58 | €31,557 | €13,789 | -€17,768 | -56.3% |
| Deferred charges and accrued income | 490/1 | €9,813 | €1,044 | -€8,769 | -89.4% |
| Total equity and liabilities | 10/49 | €44,370 | €16,940 | -€27,430 | -61.8% |
| Equity | 10/15 | €23,576 | €11,297 | -€12,279 | -52.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €22,576 | €22,576 | = | 0.0% |
| Distributable reserves | 133 | €22,576 | €22,576 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,279 | -€12,279 | |
| Amounts payable | 17/49 | €20,795 | €5,643 | -€15,151 | -72.9% |
| Amounts payable within one year | 42/48 | €20,795 | €5,643 | -€15,151 | -72.9% |
| Trade debts | 44 | €19,490 | €4,430 | -€15,060 | -77.3% |
| Suppliers | 440/4 | €19,490 | €4,430 | -€15,060 | -77.3% |
| Taxes, remuneration and social security | 45 | €1,305 | €0 | -€1,305 | -100% |
| Taxes | 450/3 | €1,305 | €0 | -€1,305 | -100% |
| Other amounts payable | 47/48 | - | €1,213 | +€1,213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €981 | +€949 | +2,901% |
| Other operating charges | 640/8 | €613 | €1,320 | +€708 | +115% |
| Gross operating margin | 9900 | €28,963 | -€9,934 | -€38,896 | |
| Operating profit (loss) | 9901 | €28,317 | -€12,235 | -€40,553 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -85.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -85.7% |
| Financial charges | 65/66B | €39 | €44 | +€4 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€4 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €28,278 | -€12,279 | -€40,557 | |
| Income taxes | 67/77 | €5,702 | €0 | -€5,702 | -100% |
| Profit (loss) for the period | 9904 | €22,576 | -€12,279 | -€34,855 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,576 | -€12,279 | -€34,855 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.