LECLERCQ HELENE: what changed
LECLERCQ HELENE
Largest movements
- Current investments +€162,500
up €162,500 (+60.2%), from €270,000 to €432,500
- Cash -€49,956
down €49,956 (-29.3%), from €170,410 to €120,453
mainly Current investments (-€162,500) and Contributions, distributions and other (-€33,300)
- Receivables after one year -€30,000
down €30,000 (-50.0%), from €60,000 to €30,000
- Tangible fixed assets -€16,685
down €16,685 (-19.3%), from €86,667 to €69,982
of which Furniture and vehicles: -€10,777
- Reserves +€87,349
up €87,349 (+16.1%), from €541,285 to €628,634
of which Distributable reserves: +€87,349
- Other debts -€28,427
down €28,427 (-95.2%), from €29,854 to €1,428
- Gross operating margin +€7,319
up €7,319 (+4.0%), from €184,409 to €191,728
- Taxes +€2,523
up €2,523 (+5.3%), from €47,380 to €49,903
- Financial income +€2,047
up €2,047 (+31.4%), from €6,520 to €8,567
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €590,368 | €656,340 | +€65,972 | +11.2% |
| Fixed assets | 21/28 | €86,667 | €69,982 | -€16,685 | -19.3% |
| Tangible fixed assets | 22/27 | €86,667 | €69,982 | -€16,685 | -19.3% |
| Plant, machinery and equipment | 23 | €13,967 | €10,337 | -€3,630 | -26.0% |
| Furniture and vehicles | 24 | €44,493 | €33,717 | -€10,777 | -24.2% |
| Other tangible fixed assets | 26 | €28,207 | €25,929 | -€2,278 | -8.1% |
| Current assets | 29/58 | €503,701 | €586,358 | +€82,657 | +16.4% |
| Amounts receivable after more than one year | 29 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Other amounts receivable | 291 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Current investments | 50/53 | €270,000 | €432,500 | +€162,500 | +60.2% |
| Cash at bank and in hand | 54/58 | €170,410 | €120,453 | -€49,956 | -29.3% |
| Deferred charges and accrued income | 490/1 | €2,291 | €2,404 | +€113 | +4.9% |
| Total equity and liabilities | 10/49 | €590,368 | €656,340 | +€65,972 | +11.2% |
| Equity | 10/15 | €553,844 | €641,193 | +€87,349 | +15.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €541,285 | €628,634 | +€87,349 | +16.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €539,425 | €626,774 | +€87,349 | +16.2% |
| Profit (loss) carried forward | 14 | €159 | €159 | +€0 | 0.0% |
| Amounts payable | 17/49 | €36,524 | €15,147 | -€21,377 | -58.5% |
| Amounts payable within one year | 42/48 | €36,524 | €15,147 | -€21,377 | -58.5% |
| Trade debts | 44 | €1,354 | €3,009 | +€1,655 | +122% |
| Suppliers | 440/4 | €1,354 | €3,009 | +€1,655 | +122% |
| Taxes, remuneration and social security | 45 | €5,315 | €10,710 | +€5,395 | +102% |
| Taxes | 450/3 | €5,315 | €10,710 | +€5,395 | +102% |
| Other amounts payable | 47/48 | €29,854 | €1,428 | -€28,427 | -95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,883 | €28,240 | +€1,357 | +5.0% |
| Other operating charges | 640/8 | €1,046 | €1,082 | +€35 | +3.4% |
| Gross operating margin | 9900 | €184,409 | €191,728 | +€7,319 | +4.0% |
| Operating profit (loss) | 9901 | €156,479 | €162,406 | +€5,927 | +3.8% |
| Financial income | 75/76B | €6,520 | €8,567 | +€2,047 | +31.4% |
| Recurring financial income | 75 | €6,520 | €8,567 | +€2,047 | +31.4% |
| Financial charges | 65/66B | €340 | €421 | +€81 | +23.7% |
| Recurring financial charges | 65 | €340 | €421 | +€81 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €162,659 | €170,552 | +€7,893 | +4.9% |
| Income taxes | 67/77 | €47,380 | €49,903 | +€2,523 | +5.3% |
| Profit (loss) for the period | 9904 | €115,279 | €120,649 | +€5,370 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €115,279 | €120,649 | +€5,370 | +4.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.