LECOMTE L.R.J.: 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 L.R.J.
Largest movements
- Tangible fixed assets -€264,616
down €264,616 (-12.8%), from €2.1m to €1.8m
of which Land and buildings: -€286,140
- Receivables within one year +€174,462
up €174,462 (+166%), from €104,905 to €279,368
of which Trade receivables: +€173,201
- Cash -€71,437
down €71,437 (-88.1%), from €81,067 to €9,631
mainly Receivables within one year (-€174,462) and Net result for the year (-€115,471)
- Trade debts +€181,058
up €181,058 (+309%), from €58,542 to €239,600
- Provisions -€86,661
down €86,661 (-33.7%), from €256,809 to €170,148
- Profit (loss) carried forward -€75,563
down €75,563 (-35.2%), from -€214,816 to -€290,379
- Debts after one year -€75,493
down €75,493 (-12.5%), from €604,627 to €529,133
of which Financial debts: -€74,313
- Short-term financial debts -€45,407
down €45,407 (-9.0%), from €502,645 to €457,238
of which Credit institutions: -€154,462
- Gross operating margin +€56,258
up €56,258, from -€14,631 to €41,627
- Depreciation -€31,574
down €31,574 (-18.8%), from €167,815 to €136,241
- Other operating charges -€10,775
down €10,775 (-25.8%), from €41,737 to €30,963
- Financial charges +€6,172
up €6,172 (+13.7%), from €45,057 to €51,229
of which Non-recurring financial charges: +€5,406
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 | €2,260,441 | €2,102,714 | -€157,727 | -7.0% |
| Fixed assets | 21/28 | €2,071,967 | €1,807,351 | -€264,616 | -12.8% |
| Tangible fixed assets | 22/27 | €2,071,967 | €1,807,351 | -€264,616 | -12.8% |
| Land and buildings | 22 | €2,028,895 | €1,742,756 | -€286,140 | -14.1% |
| Plant, machinery and equipment | 23 | €42,032 | €41,140 | -€892 | -2.1% |
| Furniture and vehicles | 24 | €1,040 | €23,455 | +€22,416 | +2,156% |
| Current assets | 29/58 | €188,474 | €295,363 | +€106,889 | +56.7% |
| Amounts receivable within one year | 40/41 | €104,905 | €279,368 | +€174,462 | +166% |
| Trade receivables | 40 | €30,841 | €204,042 | +€173,201 | +562% |
| Other amounts receivable | 41 | €74,064 | €75,325 | +€1,261 | +1.7% |
| Cash at bank and in hand | 54/58 | €81,067 | €9,631 | -€71,437 | -88.1% |
| Deferred charges and accrued income | 490/1 | €2,501 | €6,365 | +€3,864 | +154% |
| Total equity and liabilities | 10/49 | €2,260,441 | €2,102,714 | -€157,727 | -7.0% |
| Equity | 10/15 | €736,242 | €619,585 | -€116,658 | -15.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €889,058 | €847,963 | -€41,095 | -4.6% |
| Non-distributable reserves | 130/1 | €6,374 | €6,374 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €174 | €174 | = | 0.0% |
| Tax-exempt reserves | 132 | €772,612 | €731,518 | -€41,095 | -5.3% |
| Distributable reserves | 133 | €110,072 | €110,072 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,816 | -€290,379 | -€75,563 | -35.2% |
| Provisions and deferred taxes | 16 | €256,809 | €170,148 | -€86,661 | -33.7% |
| Deferred taxes | 168 | €256,809 | €170,148 | -€86,661 | -33.7% |
| Amounts payable | 17/49 | €1,267,389 | €1,312,982 | +€45,592 | +3.6% |
| Amounts payable after more than one year | 17 | €604,627 | €529,133 | -€75,493 | -12.5% |
| Financial debts | 170/4 | €568,247 | €493,933 | -€74,313 | -13.1% |
| Other amounts payable | 178/9 | €36,380 | €35,200 | -€1,180 | -3.2% |
| Amounts payable within one year | 42/48 | €662,763 | €783,848 | +€121,085 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €69,304 | €75,186 | +€5,881 | +8.5% |
| Financial debts | 43 | €502,645 | €457,238 | -€45,407 | -9.0% |
| Credit institutions | 430/8 | €493,972 | €339,510 | -€154,462 | -31.3% |
| Other loans | 439 | €8,673 | €117,728 | +€109,055 | +1,257% |
| Trade debts | 44 | €58,542 | €239,600 | +€181,058 | +309% |
| Suppliers | 440/4 | €58,542 | €239,600 | +€181,058 | +309% |
| Taxes, remuneration and social security | 45 | €13,854 | - | -€13,854 | |
| Taxes | 450/3 | €13,854 | - | -€13,854 | |
| Other amounts payable | 47/48 | €18,417 | €11,824 | -€6,593 | -35.8% |
| Non-recurring operating income | 76A | €6,124 | €7,603 | +€1,479 | +24.1% |
| Remuneration, social security and pensions | 62 | - | €84 | +€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,815 | €136,241 | -€31,574 | -18.8% |
| Other operating charges | 640/8 | €41,737 | €30,963 | -€10,775 | -25.8% |
| Non-recurring operating charges | 66A | - | €26,428 | +€26,428 | |
| Gross operating margin | 9900 | -€14,631 | €41,627 | +€56,258 | |
| Operating profit (loss) | 9901 | -€224,184 | -€152,090 | +€72,094 | +32.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €45,057 | €51,229 | +€6,172 | +13.7% |
| Recurring financial charges | 65 | €44,637 | €45,402 | +€765 | +1.7% |
| Non-recurring financial charges | 66B | €420 | €5,827 | +€5,406 | +1,286% |
| Profit (loss) for the period before taxes | 9903 | -€269,239 | -€203,319 | +€65,920 | +24.5% |
| Transfer from deferred taxes | 780 | €13,698 | €87,848 | +€74,150 | +541% |
| Income taxes | 67/77 | €370 | - | -€370 | |
| Profit (loss) for the period | 9904 | -€255,910 | -€115,471 | +€140,439 | +54.9% |
| Transfer from tax-exempt reserves | 789 | €41,095 | €39,908 | -€1,187 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€214,816 | -€75,563 | +€139,252 | +64.8% |
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 27 October 2026 via checked.be.