LECOMTE ALPIRANDO: 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.
What changed
LECOMTE ALPIRANDO
NACE 46.496, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€91,890
2024 · -€6,063+€97,953
Equity
€1.3m
2024 · €1.2m+€91,890
Cash
€58,790
2024 · €82,730-€23,940
Balance sheet total
€3.5m
2024 · €3.5m+€1,584
Largest movements
Assets
- Financial fixed assets -€727,000
down €727,000 (-99.5%), from €730,830 to €3,830
- Intangible fixed assets +€607,756
up €607,756 (+12,531%), from €4,850 to €612,606
- Tangible fixed assets +€277,731
up €277,731 (+197%), from €140,851 to €418,583
of which Land and buildings: +€355,628
- Receivables within one year -€74,809
down €74,809 (-92.0%), from €81,333 to €6,524
of which Trade receivables: -€56,692
- Stocks and contracts -€47,473
down €47,473 (-1.9%), from €2.5m to €2.4m
Equity and liabilities
- Trade debts -€148,932
down €148,932 (-23.6%), from €632,084 to €483,152
- Profit (loss) carried forward +€64,990
up €64,990, from -€58,201 to €6,789
- Current portion of long-term debt +€60,283
up €60,283 (+18.8%), from €320,819 to €381,102
- Tax, wage and social debts +€39,491
up €39,491 (+20.1%), from €196,426 to €235,917
of which Remuneration and social security: +€40,301
Income statement
- Gross operating margin +€356,537
up €356,537 (+35.4%), from €1.0m to €1.4m
- Write-downs +€92,706
up €92,706, from -€83,494 to €9,212
- Depreciation +€58,966
up €58,966 (+55.7%), from €105,941 to €164,907
- Taxes +€36,800
up €36,800 (+376%), from €9,789 to €46,589
- Staff costs +€31,579
up €31,579 (+3.8%), from €840,604 to €872,182
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.
Result 2024
-€6,063
Gross operating margin
+€356,537
Staff costs
-€31,579
Depreciation
-€58,966
Write-downs
-€92,706
Provisions
-€10,000
Other operating charges
-€26,852
Financial income
+€15,652
Financial charges
-€17,333
Taxes
-€36,800
Result 2025
€91,890
raises the resultlowers the result
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.
From operations
+€257,428
Investment
-€323,394
Financing
+€42,026
Cash 2024
€82,730
From operations (derived)
+€257,428
Net result for the year
+€91,890
Depreciation
+€164,907
Stocks and contracts
+€47,473
Receivables within one year
+€74,809
Deferred charges and accrued income
+€10,681
Trade debts
-€148,932
Tax, wage and social debts
+€39,491
Other debts
-€29,692
Accrued charges and deferred income
+€6,800
Investment (derived)
-€323,394
Investment in fixed assets (net)
-€323,394
Financing
+€42,026
Debts after one year
-€25,718
Current portion of long-term debt
+€60,283
Short-term financial debts
+€7,461
Cash 2025
€58,790
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,547,279 | €3,548,863 | +€1,584 | 0.0% |
| Fixed assets | 21/28 | €876,531 | €1,035,018 | +€158,487 | +18.1% |
| Intangible fixed assets | 21 | €4,850 | €612,606 | +€607,756 | +12,531% |
| Tangible fixed assets | 22/27 | €140,851 | €418,583 | +€277,731 | +197% |
| Land and buildings | 22 | - | €355,628 | +€355,628 | |
| Plant, machinery and equipment | 23 | €3,683 | €4,355 | +€671 | +18.2% |
| Furniture and vehicles | 24 | €16,207 | €18,487 | +€2,280 | +14.1% |
| Other tangible fixed assets | 26 | €120,961 | €40,113 | -€80,848 | -66.8% |
| Financial fixed assets | 28 | €730,830 | €3,830 | -€727,000 | -99.5% |
| Current assets | 29/58 | €2,670,748 | €2,513,845 | -€156,903 | -5.9% |
| Stocks and contracts in progress | 3 | €2,464,016 | €2,416,543 | -€47,473 | -1.9% |
| Stocks | 30/36 | €2,464,016 | €2,416,543 | -€47,473 | -1.9% |
| Amounts receivable within one year | 40/41 | €81,333 | €6,524 | -€74,809 | -92.0% |
| Trade receivables | 40 | €56,965 | €273 | -€56,692 | -99.5% |
| Other amounts receivable | 41 | €24,368 | €6,251 | -€18,117 | -74.3% |
| Cash at bank and in hand | 54/58 | €82,730 | €58,790 | -€23,940 | -28.9% |
| Deferred charges and accrued income | 490/1 | €42,669 | €31,988 | -€10,681 | -25.0% |
| Total equity and liabilities | 10/49 | €3,547,279 | €3,548,863 | +€1,584 | 0.0% |
| Equity | 10/15 | €1,217,884 | €1,309,774 | +€91,890 | +7.5% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €776,085 | €802,985 | +€26,900 | +3.5% |
| Non-distributable reserves | 130/1 | €38,585 | €40,485 | +€1,900 | +4.9% |
| Legal reserve | 130 | €38,585 | €40,485 | +€1,900 | +4.9% |
| Distributable reserves | 133 | €737,500 | €762,500 | +€25,000 | +3.4% |
| Profit (loss) carried forward | 14 | -€58,201 | €6,789 | +€64,990 | |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €2,314,395 | €2,224,089 | -€90,306 | -3.9% |
| Amounts payable after more than one year | 17 | €810,122 | €784,405 | -€25,718 | -3.2% |
| Financial debts | 170/4 | €640,122 | €614,405 | -€25,718 | -4.0% |
| Other amounts payable | 178/9 | €170,000 | €170,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,504,273 | €1,432,885 | -€71,389 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €320,819 | €381,102 | +€60,283 | +18.8% |
| Financial debts | 43 | €292,539 | €300,000 | +€7,461 | +2.6% |
| Credit institutions | 430/8 | €292,539 | €300,000 | +€7,461 | +2.6% |
| Trade debts | 44 | €632,084 | €483,152 | -€148,932 | -23.6% |
| Suppliers | 440/4 | €632,084 | €483,152 | -€148,932 | -23.6% |
| Taxes, remuneration and social security | 45 | €196,426 | €235,917 | +€39,491 | +20.1% |
| Taxes | 450/3 | €123,619 | €122,809 | -€810 | -0.7% |
| Remuneration and social security | 454/9 | €72,807 | €113,108 | +€40,301 | +55.4% |
| Other amounts payable | 47/48 | €62,406 | €32,714 | -€29,692 | -47.6% |
| Accrued charges and deferred income | 492/3 | - | €6,800 | +€6,800 | |
| Remuneration, social security and pensions | 62 | €840,604 | €872,182 | +€31,579 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,941 | €164,907 | +€58,966 | +55.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€83,494 | €9,212 | +€92,706 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€10,000 | - | +€10,000 | |
| Other operating charges | 640/8 | €16,745 | €43,598 | +€26,852 | +160% |
| Gross operating margin | 9900 | €1,008,500 | €1,365,037 | +€356,537 | +35.4% |
| Operating profit (loss) | 9901 | €138,704 | €275,139 | +€136,434 | +98.4% |
| Financial income | 75/76B | €7,371 | €23,023 | +€15,652 | +212% |
| Recurring financial income | 75 | €7,371 | €23,023 | +€15,652 | +212% |
| Financial charges | 65/66B | €142,350 | €159,683 | +€17,333 | +12.2% |
| Recurring financial charges | 65 | €142,350 | €159,683 | +€17,333 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €3,726 | €138,479 | +€134,753 | +3,617% |
| Income taxes | 67/77 | €9,789 | €46,589 | +€36,800 | +376% |
| Profit (loss) for the period | 9904 | -€6,063 | €91,890 | +€97,953 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,063 | €91,890 | +€97,953 |
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 14 October 2026 via checked.be.