Lechwe: 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.
Lechwe
Largest movements
- Current investments -€174,742
down €174,742 (-7.1%), from €2.4m to €2.3m
- Deferred charges and accrued income +€90,398
up €90,398 (+206.1%), from €43,854 to €134,252
- Receivables within one year -€67,576
down €67,576 (-19.6%), from €345,046 to €277,470
- Other debts -€198,000
down €198,000 (-7.5%), from €2.6m to €2.4m
- Tax, wage and social debts +€105,493
new in 2025: €105,493
- Financial income -€228,589
down €228,589 (-80.0%), from €285,849 to €57,260
of which Non-recurring financial income: -€229,848
- Financial charges -€71,071
down €71,071 (-61.6%), from €115,319 to €44,248
of which Non-recurring financial charges: -€63,399
- Gross operating margin -€19,009
down €19,009 (-211.1%), from -€9,004 to -€28,013
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 | €4,800,368 | €4,674,710 | -€125,658 | -2.6% |
| Fixed assets | 21/28 | €1,900,321 | €1,900,321 | = | 0.0% |
| Financial fixed assets | 28 | €1,900,321 | €1,900,321 | = | 0.0% |
| Current assets | 29/58 | €2,900,047 | €2,774,390 | -€125,658 | -4.3% |
| Amounts receivable within one year | 40/41 | €345,046 | €277,470 | -€67,576 | -19.6% |
| Other amounts receivable | 41 | €345,046 | €277,470 | -€67,576 | -19.6% |
| Current investments | 50/53 | €2,448,248 | €2,273,506 | -€174,742 | -7.1% |
| Cash at bank and in hand | 54/58 | €62,898 | €89,160 | +€26,262 | +41.8% |
| Deferred charges and accrued income | 490/1 | €43,854 | €134,252 | +€90,398 | +206.1% |
| Total equity and liabilities | 10/49 | €4,800,368 | €4,674,710 | -€125,658 | -2.6% |
| Equity | 10/15 | €2,155,941 | €2,140,898 | -€15,043 | -0.7% |
| Contributions | 10/11 | €3,009,106 | €3,009,106 | = | 0.0% |
| Reserves | 13 | €23,770 | €23,770 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,770 | €23,770 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,770 | €23,770 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€876,935 | -€891,978 | -€15,043 | -1.7% |
| Amounts payable | 17/49 | €2,644,427 | €2,533,812 | -€110,614 | -4.2% |
| Amounts payable within one year | 42/48 | €2,629,441 | €2,533,812 | -€95,629 | -3.6% |
| Trade debts | 44 | €5,990 | €2,868 | -€3,122 | -52.1% |
| Suppliers | 440/4 | €5,990 | €2,868 | -€3,122 | -52.1% |
| Taxes, remuneration and social security | 45 | - | €105,493 | +€105,493 | |
| Taxes | 450/3 | - | €105,493 | +€105,493 | |
| Other amounts payable | 47/48 | €2,623,452 | €2,425,452 | -€198,000 | -7.5% |
| Accrued charges and deferred income | 492/3 | €14,986 | - | -€14,986 | |
| Gross operating margin | 9900 | -€9,004 | -€28,013 | -€19,009 | -211.1% |
| Operating profit (loss) | 9901 | -€9,004 | -€28,013 | -€19,009 | -211.1% |
| Financial income | 75/76B | €285,849 | €57,260 | -€228,589 | -80.0% |
| Recurring financial income | 75 | €521 | €1,780 | +€1,259 | +241.5% |
| Non-recurring financial income | 76B | €285,328 | €55,480 | -€229,848 | -80.6% |
| Financial charges | 65/66B | €115,319 | €44,248 | -€71,071 | -61.6% |
| Recurring financial charges | 65 | €30,010 | €22,337 | -€7,673 | -25.6% |
| Non-recurring financial charges | 66B | €85,309 | €21,911 | -€63,399 | -74.3% |
| Profit (loss) for the period before taxes | 9903 | €161,526 | -€15,001 | -€176,527 | |
| Income taxes | 67/77 | - | €42 | +€42 | |
| Profit (loss) for the period | 9904 | €161,526 | -€15,043 | -€176,569 | |
| Profit (loss) for the period to be appropriated | 9905 | €161,526 | -€15,043 | -€176,569 |
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 2 October 2026 via checked.be.