LECOMTE SA: what changed
Two fiscal 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 SA
NACE 42.110, Construction of roads and motorways
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€291,428
2024 · €196,274+€95,153
Equity
€1.7m
2024 · €1.4m+€291,428
Cash
€12,860
2024 · €14,117-€1,257
Balance sheet total
€4.9m
2024 · €4.7m+€297,867
Largest movements
Assets
- Tangible fixed assets +€373,204
up €373,204 (+19.4%), from €1.9m to €2.3m
of which Land and buildings: +€1.5m
- Receivables within one year -€57,701
down €57,701 (-2.4%), from €2.4m to €2.3m
of which Other amounts receivable: -€174,652
Equity and liabilities
- Trade debts +€624,951
up €624,951 (+94.9%), from €658,682 to €1.3m
- Other debts -€556,002
down €556,002 (-53.8%), from €1.0m to €476,612
- Profit (loss) carried forward +€301,928
up €301,928 (+35.8%), from €844,167 to €1.1m
- Short-term financial debts +€240,000
up €240,000 (+92.3%), from €260,000 to €500,000
- Debts after one year -€225,210
down €225,210 (-24.2%), from €930,160 to €704,950
Income statement
- Turnover +€2.0m
up €2.0m (+48.8%), from €4.0m to €6.0m
- Purchases and services +€1.1m
up €1.1m (+38.3%), from €3.0m to €4.1m
- Gross operating margin +€201,846
up €201,846 (+10.9%), from €1.9m to €2.1m
- Staff costs +€103,621
up €103,621 (+9.5%), from €1.1m to €1.2m
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
€196,274
Gross operating margin
+€201,846
Staff costs
-€103,621
Depreciation
+€43,972
Write-downs
-€1,074
Other operating charges
+€1,520
Financial income
-€416
Financial charges
-€18,557
Taxes
-€28,729
Deferred taxes and other
+€212
Result 2025
€291,428
Cash bridge derived
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
+€763,648
Investment
-€743,463
Financing
-€21,441
Cash 2024
€14,117
From operations (derived)
+€763,648
Net result for the year
+€291,428
Depreciation
+€368,132
Stocks and contracts
+€18,067
Receivables within one year
+€57,701
Deferred charges and accrued income
+€439
Provisions
-€3,500
Trade debts
+€624,951
Tax, wage and social debts
-€37,567
Other debts
-€556,002
Investment (derived)
-€743,463
Investment in fixed assets (net)
-€743,463
Financing
-€21,441
Debts after one year
-€225,210
Current portion of long-term debt
-€36,231
Short-term financial debts
+€240,000
Cash 2025
€12,860
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,651,770 | €4,949,637 | +€297,867 | +6.4% |
| Fixed assets | 21/28 | €2,092,662 | €2,467,992 | +€375,330 | +17.9% |
| Tangible fixed assets | 22/27 | €1,925,133 | €2,298,338 | +€373,204 | +19.4% |
| Land and buildings | 22 | €231,516 | €1,757,118 | +€1.5m | +659.0% |
| Plant, machinery and equipment | 23 | €138,290 | €101,737 | -€36,553 | -26.4% |
| Furniture and vehicles | 24 | €104,074 | €64,974 | -€39,100 | -37.6% |
| Leasing and similar rights | 25 | €497,538 | €336,231 | -€161,307 | -32.4% |
| Assets under construction and advance payments | 27 | €953,716 | €38,277 | -€915,439 | -96.0% |
| Financial fixed assets | 28 | €167,528 | €169,654 | +€2,126 | +1.3% |
| Current assets | 29/58 | €2,559,108 | €2,481,645 | -€77,463 | -3.0% |
| Stocks and contracts in progress | 3 | €143,177 | €125,111 | -€18,067 | -12.6% |
| Stocks | 30/36 | €143,177 | €125,111 | -€18,067 | -12.6% |
| Amounts receivable within one year | 40/41 | €2,369,335 | €2,311,634 | -€57,701 | -2.4% |
| Trade receivables | 40 | €2,061,554 | €2,178,504 | +€116,951 | +5.7% |
| Other amounts receivable | 41 | €307,781 | €133,129 | -€174,652 | -56.7% |
| Cash at bank and in hand | 54/58 | €14,117 | €12,860 | -€1,257 | -8.9% |
| Deferred charges and accrued income | 490/1 | €32,480 | €32,041 | -€439 | -1.4% |
| Total equity and liabilities | 10/49 | €4,651,770 | €4,949,637 | +€297,867 | +6.4% |
| Equity | 10/15 | €1,366,280 | €1,657,707 | +€291,428 | +21.3% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Capital | 10 | €371,840 | €371,840 | = | 0.0% |
| Issued capital | 100 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €150,273 | €139,773 | -€10,500 | -7.0% |
| Non-distributable reserves | 130/1 | €118,989 | €118,989 | = | 0.0% |
| Legal reserve | 130 | €37,184 | €37,184 | = | 0.0% |
| Other | 1319 | €81,805 | €81,805 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,284 | €20,784 | -€10,500 | -33.6% |
| Profit (loss) carried forward | 14 | €844,167 | €1,146,095 | +€301,928 | +35.8% |
| Provisions and deferred taxes | 16 | €10,428 | €6,928 | -€3,500 | -33.6% |
| Deferred taxes | 168 | €10,428 | €6,928 | -€3,500 | -33.6% |
| Amounts payable | 17/49 | €3,275,062 | €3,285,002 | +€9,940 | +0.3% |
| Amounts payable after more than one year | 17 | €930,160 | €704,950 | -€225,210 | -24.2% |
| Financial debts | 170/4 | €930,160 | €704,950 | -€225,210 | -24.2% |
| Amounts payable within one year | 42/48 | €2,344,902 | €2,580,052 | +€235,150 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €316,517 | €280,286 | -€36,231 | -11.4% |
| Financial debts | 43 | €260,000 | €500,000 | +€240,000 | +92.3% |
| Credit institutions | 430/8 | €260,000 | €500,000 | +€240,000 | +92.3% |
| Trade debts | 44 | €658,682 | €1,283,632 | +€624,951 | +94.9% |
| Suppliers | 440/4 | €658,682 | €1,283,632 | +€624,951 | +94.9% |
| Taxes, remuneration and social security | 45 | €77,090 | €39,522 | -€37,567 | -48.7% |
| Taxes | 450/3 | €12,866 | €4,280 | -€8,586 | -66.7% |
| Remuneration and social security | 454/9 | €64,223 | €35,242 | -€28,981 | -45.1% |
| Other amounts payable | 47/48 | €1,032,614 | €476,612 | -€556,002 | -53.8% |
| Turnover | 70 | €4,049,558 | €6,027,707 | +€2.0m | +48.8% |
| Non-recurring operating income | 76A | €9,285 | €7,643 | -€1,642 | -17.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,958,852 | €4,092,395 | +€1.1m | +38.3% |
| Remuneration, social security and pensions | 62 | €1,087,251 | €1,190,872 | +€103,621 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412,104 | €368,132 | -€43,972 | -10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,074 | - | +€1,074 | |
| Other operating charges | 640/8 | €22,417 | €20,897 | -€1,520 | -6.8% |
| Gross operating margin | 9900 | €1,859,420 | €2,061,266 | +€201,846 | +10.9% |
| Operating profit (loss) | 9901 | €338,722 | €481,365 | +€142,643 | +42.1% |
| Financial income | 75/76B | €4,797 | €4,381 | -€416 | -8.7% |
| Recurring financial income | 75 | €4,797 | €4,381 | -€416 | -8.7% |
| Financial charges | 65/66B | €73,650 | €92,208 | +€18,557 | +25.2% |
| Recurring financial charges | 65 | €73,650 | €92,208 | +€18,557 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €269,869 | €393,539 | +€123,670 | +45.8% |
| Transfer from deferred taxes | 780 | €3,288 | €3,500 | +€212 | +6.5% |
| Income taxes | 67/77 | €76,882 | €105,611 | +€28,729 | +37.4% |
| Profit (loss) for the period | 9904 | €196,274 | €291,428 | +€95,153 | +48.5% |
| Transfer from tax-exempt reserves | 789 | €9,863 | €10,500 | +€637 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €206,137 | €301,928 | +€95,790 | +46.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.