LECLUYSE NICK: 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.
LECLUYSE NICK
Largest movements
- Current investments +€80,000
up €80,000 (+820%), from €9,761 to €89,761
- Tangible fixed assets -€33,736
down €33,736 (-28.6%), from €118,085 to €84,348
of which Furniture and vehicles: -€41,399
- Receivables within one year -€24,528
down €24,528 (-26.3%), from €93,389 to €68,861
of which Trade receivables: -€19,914
- Cash +€16,968
up €16,968 (+12.3%), from €138,454 to €155,421
mainly Net result for the year (+€36,690) and Trade debts (+€29,854)
- Trade debts +€29,854
up €29,854 (+190%), from €15,684 to €45,538
- Reserves +€19,638
up €19,638 (+7.7%), from €255,456 to €275,094
of which Tax-exempt reserves: +€22,821
- Tax, wage and social debts -€16,107
down €16,107 (-66.2%), from €24,336 to €8,228
- Debts after one year -€7,931
down €7,931 (-49.6%), from €15,993 to €8,062
- Provisions +€7,607
up €7,607 (+122%), from €6,250 to €13,857
- Gross operating margin -€55,214
down €55,214 (-63.4%), from €87,116 to €31,902
- Financial income +€29,870
up €29,870 (+587%), from €5,087 to €34,957
of which Non-recurring financial income: +€30,429
- Taxes -€18,137
down €18,137 (-70.3%), from €25,787 to €7,650
- Other operating charges -€1,796
down €1,796 (-39.0%), from €4,612 to €2,815
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 | €385,075 | €418,364 | +€33,289 | +8.6% |
| Fixed assets | 21/28 | €128,200 | €90,987 | -€37,213 | -29.0% |
| Tangible fixed assets | 22/27 | €118,085 | €84,348 | -€33,736 | -28.6% |
| Land and buildings | 22 | €71,801 | €76,506 | +€4,705 | +6.6% |
| Plant, machinery and equipment | 23 | €2,248 | €5,206 | +€2,957 | +132% |
| Furniture and vehicles | 24 | €44,035 | €2,636 | -€41,399 | -94.0% |
| Financial fixed assets | 28 | €10,115 | €6,639 | -€3,476 | -34.4% |
| Current assets | 29/58 | €256,875 | €327,377 | +€70,502 | +27.4% |
| Stocks and contracts in progress | 3 | €5,820 | €7,232 | +€1,412 | +24.3% |
| Stocks | 30/36 | €5,820 | €7,232 | +€1,412 | +24.3% |
| Amounts receivable within one year | 40/41 | €93,389 | €68,861 | -€24,528 | -26.3% |
| Trade receivables | 40 | €39,454 | €19,541 | -€19,914 | -50.5% |
| Other amounts receivable | 41 | €53,935 | €49,320 | -€4,614 | -8.6% |
| Current investments | 50/53 | €9,761 | €89,761 | +€80,000 | +820% |
| Cash at bank and in hand | 54/58 | €138,454 | €155,421 | +€16,968 | +12.3% |
| Deferred charges and accrued income | 490/1 | €9,451 | €6,102 | -€3,349 | -35.4% |
| Total equity and liabilities | 10/49 | €385,075 | €418,364 | +€33,289 | +8.6% |
| Equity | 10/15 | €313,920 | €333,558 | +€19,638 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €255,456 | €275,094 | +€19,638 | +7.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,900 | €32,721 | +€22,821 | +231% |
| Distributable reserves | 133 | €243,696 | €240,513 | -€3,183 | -1.3% |
| Profit (loss) carried forward | 14 | €39,864 | €39,864 | = | 0.0% |
| Provisions and deferred taxes | 16 | €6,250 | €13,857 | +€7,607 | +122% |
| Provisions for liabilities and charges | 160/5 | €6,250 | €13,857 | +€7,607 | +122% |
| Taxes | 161 | - | €7,607 | +€7,607 | |
| Major repairs and maintenance | 162 | €6,250 | €6,250 | = | 0.0% |
| Amounts payable | 17/49 | €64,904 | €70,949 | +€6,044 | +9.3% |
| Amounts payable after more than one year | 17 | €15,993 | €8,062 | -€7,931 | -49.6% |
| Financial debts | 170/4 | €15,993 | €8,062 | -€7,931 | -49.6% |
| Amounts payable within one year | 42/48 | €47,823 | €61,698 | +€13,875 | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €7,803 | €7,931 | +€128 | +1.6% |
| Trade debts | 44 | €15,684 | €45,538 | +€29,854 | +190% |
| Suppliers | 440/4 | €15,684 | €45,538 | +€29,854 | +190% |
| Taxes, remuneration and social security | 45 | €24,336 | €8,228 | -€16,107 | -66.2% |
| Taxes | 450/3 | €24,336 | €8,228 | -€16,107 | -66.2% |
| Accrued charges and deferred income | 492/3 | €1,088 | €1,189 | +€101 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,952 | €9,328 | +€376 | +4.2% |
| Other operating charges | 640/8 | €4,612 | €2,815 | -€1,796 | -39.0% |
| Gross operating margin | 9900 | €87,116 | €31,902 | -€55,214 | -63.4% |
| Operating profit (loss) | 9901 | €73,552 | €19,758 | -€53,794 | -73.1% |
| Financial income | 75/76B | €5,087 | €34,957 | +€29,870 | +587% |
| Recurring financial income | 75 | €5,087 | €4,529 | -€558 | -11.0% |
| Non-recurring financial income | 76B | - | €30,429 | +€30,429 | |
| Financial charges | 65/66B | €3,348 | €2,769 | -€580 | -17.3% |
| Recurring financial charges | 65 | €3,348 | €2,769 | -€580 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €75,291 | €51,947 | -€23,344 | -31.0% |
| Transfer to deferred taxes | 680 | - | €7,607 | +€7,607 | |
| Income taxes | 67/77 | €25,787 | €7,650 | -€18,137 | -70.3% |
| Profit (loss) for the period | 9904 | €49,504 | €36,690 | -€12,814 | -25.9% |
| Transfer to tax-exempt reserves | 689 | - | €22,821 | +€22,821 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,504 | €13,868 | -€35,636 | -72.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.