LECOMTE: 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.
LECOMTE
Largest movements
- Cash -€191,417
down €191,417 (-89.9%), from €212,880 to €21,463
mainly Investment in fixed assets (net) (-€191,535) and Net result for the year (-€21,278)
- Tangible fixed assets +€164,921
up €164,921 (+176%), from €93,783 to €258,703
of which Land and buildings: +€191,535
- Profit (loss) carried forward -€15,998
down €15,998 (-13.1%), from €122,455 to €106,457
- Reserves -€5,280
down €5,280 (-2.9%), from €180,372 to €175,092
of which Tax-exempt reserves: -€5,280
- Gross operating margin -€13,282
down €13,282 (-88.8%), from €14,964 to €1,682
- Depreciation -€7,328
down €7,328 (-21.6%), from €33,942 to €26,614
- Financial income +€2,136
up €2,136 (+1,013%), from €211 to €2,347
- Taxes -€393
no longer reported in 2024 (was €393)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €331,184 | €306,956 | -€24,228 | -7.3% |
| Fixed assets | 21/28 | €93,783 | €258,703 | +€164,921 | +176% |
| Tangible fixed assets | 22/27 | €93,783 | €258,703 | +€164,921 | +176% |
| Land and buildings | 22 | €41,523 | €233,058 | +€191,535 | +461% |
| Plant, machinery and equipment | 23 | €190 | €39 | -€151 | -79.5% |
| Furniture and vehicles | 24 | €52,070 | €25,607 | -€26,464 | -50.8% |
| Current assets | 29/58 | €237,401 | €48,252 | -€189,149 | -79.7% |
| Amounts receivable within one year | 40/41 | €24,520 | €24,778 | +€259 | +1.1% |
| Trade receivables | 40 | €17,375 | €24,778 | +€7,404 | +42.6% |
| Other amounts receivable | 41 | €7,145 | - | -€7,145 | |
| Cash at bank and in hand | 54/58 | €212,880 | €21,463 | -€191,417 | -89.9% |
| Deferred charges and accrued income | 490/1 | €1 | €2,011 | +€2,009 | +163,356% |
| Total equity and liabilities | 10/49 | €331,184 | €306,956 | -€24,228 | -7.3% |
| Equity | 10/15 | €323,287 | €302,009 | -€21,278 | -6.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €180,372 | €175,092 | -€5,280 | -2.9% |
| Tax-exempt reserves | 132 | €10,372 | €5,092 | -€5,280 | -50.9% |
| Distributable reserves | 133 | €170,000 | €170,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,455 | €106,457 | -€15,998 | -13.1% |
| Provisions and deferred taxes | 16 | €2,593 | €1,273 | -€1,320 | -50.9% |
| Deferred taxes | 168 | €2,593 | €1,273 | -€1,320 | -50.9% |
| Amounts payable | 17/49 | €5,304 | €3,674 | -€1,630 | -30.7% |
| Amounts payable within one year | 42/48 | €5,304 | €3,674 | -€1,630 | -30.7% |
| Financial debts | 43 | €2,153 | - | -€2,153 | |
| Credit institutions | 430/8 | €2,153 | - | -€2,153 | |
| Trade debts | 44 | - | €124 | +€124 | |
| Suppliers | 440/4 | - | €124 | +€124 | |
| Taxes, remuneration and social security | 45 | €3,151 | €3,549 | +€399 | +12.7% |
| Taxes | 450/3 | €3,151 | €3,549 | +€399 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,942 | €26,614 | -€7,328 | -21.6% |
| Gross operating margin | 9900 | €14,964 | €1,682 | -€13,282 | -88.8% |
| Operating profit (loss) | 9901 | -€18,978 | -€24,933 | -€5,955 | -31.4% |
| Financial income | 75/76B | €211 | €2,347 | +€2,136 | +1,013% |
| Recurring financial income | 75 | €211 | €2,347 | +€2,136 | +1,013% |
| Financial charges | 65/66B | €42 | €12 | -€29 | -70.3% |
| Recurring financial charges | 65 | €42 | €12 | -€29 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,809 | -€22,598 | -€3,789 | -20.1% |
| Transfer from deferred taxes | 780 | - | €1,320 | +€1,320 | |
| Income taxes | 67/77 | €393 | - | -€393 | |
| Profit (loss) for the period | 9904 | -€19,202 | -€21,278 | -€2,076 | -10.8% |
| Transfer from tax-exempt reserves | 789 | - | €5,280 | +€5,280 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,202 | -€15,998 | +€3,204 | +16.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.