LEC ELEC: 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.
LEC ELEC
Largest movements
- Receivables within one year -€17,184
down €17,184 (-18.2%), from €94,446 to €77,262
of which Trade receivables: -€16,938
- Cash -€6,229
down €6,229 (-98.9%), from €6,300 to €71
mainly Net result for the year (-€17,318) and Stocks and contracts (-€5,732)
- Stocks and contracts +€5,732
up €5,732 (+126%), from €4,550 to €10,282
- Profit (loss) carried forward -€17,318
new in 2025: -€17,318
- Trade debts +€1,800
up €1,800 (+10.8%), from €16,703 to €18,502
- Tax, wage and social debts -€1,750
down €1,750 (-6.6%), from €26,687 to €24,937
of which Remuneration and social security: -€2,000
- Gross operating margin -€105,126
down €105,126, from €86,807 to -€18,319
- Taxes -€24,437
no longer reported in 2025 (was €24,437)
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 | €109,562 | €92,294 | -€17,268 | -15.8% |
| Current assets | 29/58 | €109,562 | €92,294 | -€17,268 | -15.8% |
| Stocks and contracts in progress | 3 | €4,550 | €10,282 | +€5,732 | +126% |
| Stocks | 30/36 | €4,550 | €10,282 | +€5,732 | +126% |
| Amounts receivable within one year | 40/41 | €94,446 | €77,262 | -€17,184 | -18.2% |
| Trade receivables | 40 | €52,616 | €35,678 | -€16,938 | -32.2% |
| Other amounts receivable | 41 | €41,830 | €41,584 | -€246 | -0.6% |
| Cash at bank and in hand | 54/58 | €6,300 | €71 | -€6,229 | -98.9% |
| Deferred charges and accrued income | 490/1 | €4,265 | €4,678 | +€413 | +9.7% |
| Total equity and liabilities | 10/49 | €109,562 | €92,294 | -€17,268 | -15.8% |
| Equity | 10/15 | €66,172 | €48,854 | -€17,318 | -26.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €64,172 | €64,172 | = | 0.0% |
| Distributable reserves | 133 | €64,172 | €64,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€17,318 | -€17,318 | |
| Amounts payable | 17/49 | €43,390 | €43,440 | +€50 | +0.1% |
| Amounts payable within one year | 42/48 | €43,390 | €43,440 | +€50 | +0.1% |
| Trade debts | 44 | €16,703 | €18,502 | +€1,800 | +10.8% |
| Suppliers | 440/4 | €16,703 | €18,502 | +€1,800 | +10.8% |
| Taxes, remuneration and social security | 45 | €26,687 | €24,937 | -€1,750 | -6.6% |
| Taxes | 450/3 | €24,687 | €24,937 | +€250 | +1.0% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other operating charges | 640/8 | €384 | €835 | +€450 | +117% |
| Gross operating margin | 9900 | €86,807 | -€18,319 | -€105,126 | |
| Operating profit (loss) | 9901 | €86,423 | -€19,153 | -€105,576 | |
| Financial income | 75/76B | €2,250 | €2,086 | -€165 | -7.3% |
| Recurring financial income | 75 | €2,250 | €2,086 | -€165 | -7.3% |
| Financial charges | 65/66B | €64 | €250 | +€186 | +288% |
| Recurring financial charges | 65 | €64 | €250 | +€186 | +288% |
| Profit (loss) for the period before taxes | 9903 | €88,609 | -€17,318 | -€105,927 | |
| Income taxes | 67/77 | €24,437 | - | -€24,437 | |
| Profit (loss) for the period | 9904 | €64,172 | -€17,318 | -€81,489 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,172 | -€17,318 | -€81,489 |
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 16 October 2026 via checked.be.