LECHIEN GREGORY: 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.
LECHIEN GREGORY
Largest movements
- Deferred charges and accrued income +€740
new in 2025: €740
- Profit (loss) carried forward +€1,115
up €1,115 (+5.6%), from -€20,011 to -€18,896
- Trade debts -€501
down €501 (-36.4%), from €1,379 to €878
- Short-term financial debts +€126
up €126 (+2,316%), from €5 to €131
- Gross operating margin +€2,533
up €2,533, from -€1,347 to €1,185
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Financial charges +€54
up €54 (+338%), from €16 to €70
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €0 | €740 | +€740 | |
| Formation expenses | 20 | €0 | €0 | = | |
| Current assets | 29/58 | €0 | €740 | +€740 | |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | - | €740 | +€740 | |
| Total equity and liabilities | 10/49 | €0 | €740 | +€740 | |
| Equity | 10/15 | -€13,811 | -€12,696 | +€1,115 | +8.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,011 | -€18,896 | +€1,115 | +5.6% |
| Amounts payable | 17/49 | €13,811 | €13,435 | -€376 | -2.7% |
| Amounts payable within one year | 42/48 | €13,811 | €13,435 | -€376 | -2.7% |
| Financial debts | 43 | €5 | €131 | +€126 | +2,316% |
| Credit institutions | 430/8 | €5 | €131 | +€126 | +2,316% |
| Trade debts | 44 | €1,379 | €878 | -€501 | -36.4% |
| Suppliers | 440/4 | €1,379 | €878 | -€501 | -36.4% |
| Other amounts payable | 47/48 | €12,427 | €12,427 | = | 0.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€1,347 | €1,185 | +€2,533 | |
| Operating profit (loss) | 9901 | -€1,735 | €1,185 | +€2,920 | |
| Financial charges | 65/66B | €16 | €70 | +€54 | +338% |
| Recurring financial charges | 65 | €16 | €70 | +€54 | +338% |
| Profit (loss) for the period before taxes | 9903 | -€1,751 | €1,115 | +€2,866 | |
| Profit (loss) for the period | 9904 | -€1,751 | €1,115 | +€2,866 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,751 | €1,115 | +€2,866 |
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 23 October 2026 via checked.be.