LECONA: 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.
LECONA
Largest movements
- Deferred charges and accrued income -€17,494
down €17,494 (-80.6%), from €21,706 to €4,211
- Tangible fixed assets +€10,611
up €10,611 (+162.1%), from €6,545 to €17,156
of which Furniture and vehicles: +€12,609
- Receivables within one year +€4,893
up €4,893 (+14.2%), from €34,443 to €39,337
- Other debts -€20,695
down €20,695 (-53.1%), from €38,939 to €18,244
- Current portion of long-term debt +€6,138
up €6,138, from €0 to €6,138
- Debts after one year +€5,431
new in 2025: €5,431
- Trade debts +€5,398
up €5,398 (+51.9%), from €10,401 to €15,799
- Tax, wage and social debts -€3,775
down €3,775 (-26.8%), from €14,113 to €10,338
- Gross operating margin +€2,112
up €2,112 (+14.0%), from €15,113 to €17,225
- Other operating charges +€1,823
up €1,823 (+120.7%), from €1,510 to €3,333
- Financial income -€1,498
down €1,498 (-78.9%), from €1,900 to €402
- Depreciation +€1,364
up €1,364 (+34.3%), from €3,979 to €5,343
- Financial charges +€1,043
up €1,043 (+192.2%), from €543 to €1,586
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,287 | €138,835 | -€4,452 | -3.1% |
| Fixed assets | 21/28 | €8,471 | €19,082 | +€10,611 | +125.3% |
| Tangible fixed assets | 22/27 | €6,545 | €17,156 | +€10,611 | +162.1% |
| Land and buildings | 22 | €965 | €724 | -€241 | -25.0% |
| Plant, machinery and equipment | 23 | €5,417 | €3,661 | -€1,757 | -32.4% |
| Furniture and vehicles | 24 | €163 | €12,772 | +€12,609 | +7749.0% |
| Financial fixed assets | 28 | €1,926 | €1,926 | = | 0.0% |
| Current assets | 29/58 | €134,816 | €119,753 | -€15,063 | -11.2% |
| Stocks and contracts in progress | 3 | €72,281 | €70,875 | -€1,407 | -1.9% |
| Contracts in progress | 37 | €72,281 | €70,875 | -€1,407 | -1.9% |
| Amounts receivable within one year | 40/41 | €34,443 | €39,337 | +€4,893 | +14.2% |
| Trade receivables | 40 | €34,443 | €39,337 | +€4,893 | +14.2% |
| Cash at bank and in hand | 54/58 | €6,386 | €5,330 | -€1,055 | -16.5% |
| Deferred charges and accrued income | 490/1 | €21,706 | €4,211 | -€17,494 | -80.6% |
| Total equity and liabilities | 10/49 | €143,287 | €138,835 | -€4,452 | -3.1% |
| Equity | 10/15 | €79,834 | €82,886 | +€3,051 | +3.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €61,284 | €64,336 | +€3,051 | +5.0% |
| Distributable reserves | 133 | €61,284 | €64,336 | +€3,051 | +5.0% |
| Amounts payable | 17/49 | €63,453 | €55,950 | -€7,503 | -11.8% |
| Amounts payable after more than one year | 17 | - | €5,431 | +€5,431 | |
| Financial debts | 170/4 | - | €5,431 | +€5,431 | |
| Amounts payable within one year | 42/48 | €63,453 | €50,519 | -€12,934 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €6,138 | +€6,138 | |
| Trade debts | 44 | €10,401 | €15,799 | +€5,398 | +51.9% |
| Suppliers | 440/4 | €10,401 | €15,799 | +€5,398 | +51.9% |
| Taxes, remuneration and social security | 45 | €14,113 | €10,338 | -€3,775 | -26.8% |
| Taxes | 450/3 | €14,113 | €10,338 | -€3,775 | -26.8% |
| Other amounts payable | 47/48 | €38,939 | €18,244 | -€20,695 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,979 | €5,343 | +€1,364 | +34.3% |
| Other operating charges | 640/8 | €1,510 | €3,333 | +€1,823 | +120.7% |
| Gross operating margin | 9900 | €15,113 | €17,225 | +€2,112 | +14.0% |
| Operating profit (loss) | 9901 | €9,624 | €8,549 | -€1,075 | -11.2% |
| Financial income | 75/76B | €1,900 | €402 | -€1,498 | -78.9% |
| Recurring financial income | 75 | €1,900 | €402 | -€1,498 | -78.9% |
| Financial charges | 65/66B | €543 | €1,586 | +€1,043 | +192.2% |
| Recurring financial charges | 65 | €543 | €1,586 | +€1,043 | +192.2% |
| Profit (loss) for the period before taxes | 9903 | €10,981 | €7,365 | -€3,616 | -32.9% |
| Income taxes | 67/77 | €5,254 | €4,314 | -€940 | -17.9% |
| Profit (loss) for the period | 9904 | €5,727 | €3,051 | -€2,676 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,727 | €3,051 | -€2,676 | -46.7% |
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 12 October 2026 via checked.be.