LECTURES ET LOISIRS: 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.
LECTURES ET LOISIRS
Largest movements
- Tangible fixed assets -€17,023
down €17,023 (-11.4%), from €149,619 to €132,596
of which Land and buildings: -€14,651
- Stocks and contracts -€11,493
down €11,493 (-11.7%), from €97,832 to €86,339
- Receivables within one year +€8,149
up €8,149 (+183%), from €4,458 to €12,607
of which Trade receivables: +€8,196
- Cash +€3,773
up €3,773 (+36.7%), from €10,278 to €14,051
mainly Debts after one year (+€105,557) and Trade debts (+€18,951)
- Debts after one year +€105,557
up €105,557 (+109%), from €96,456 to €202,013
of which Other amounts payable: +€131,625
- Other debts -€62,847
no longer reported in 2025 (was €62,847)
- Short-term financial debts -€36,532
no longer reported in 2025 (was €36,532)
- Profit (loss) carried forward -€35,897
down €35,897 (-58.7%), from -€61,192 to -€97,089
- Trade debts +€18,951
up €18,951 (+55.0%), from €34,454 to €53,405
- Purchases and services -€663,433
no longer reported in 2025 (was €663,433)
- Turnover -€659,401
no longer reported in 2025 (was €659,401)
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 | €263,921 | €246,165 | -€17,756 | -6.7% |
| Fixed assets | 21/28 | €150,542 | €133,169 | -€17,373 | -11.5% |
| Intangible fixed assets | 21 | €730 | €380 | -€350 | -48.0% |
| Tangible fixed assets | 22/27 | €149,619 | €132,596 | -€17,023 | -11.4% |
| Land and buildings | 22 | €146,510 | €131,859 | -€14,651 | -10.0% |
| Plant, machinery and equipment | 23 | €3,109 | €737 | -€2,372 | -76.3% |
| Financial fixed assets | 28 | €193 | €193 | +€0 | +0.2% |
| Current assets | 29/58 | €113,379 | €112,996 | -€383 | -0.3% |
| Stocks and contracts in progress | 3 | €97,832 | €86,339 | -€11,493 | -11.7% |
| Stocks | 30/36 | €97,832 | €86,339 | -€11,493 | -11.7% |
| Amounts receivable within one year | 40/41 | €4,458 | €12,607 | +€8,149 | +183% |
| Trade receivables | 40 | €3,231 | €11,427 | +€8,196 | +254% |
| Other amounts receivable | 41 | €1,227 | €1,179 | -€48 | -3.9% |
| Cash at bank and in hand | 54/58 | €10,278 | €14,051 | +€3,773 | +36.7% |
| Deferred charges and accrued income | 490/1 | €811 | - | -€811 | |
| Total equity and liabilities | 10/49 | €263,921 | €246,165 | -€17,756 | -6.7% |
| Equity | 10/15 | -€19,813 | -€55,710 | -€35,897 | -181% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €22,787 | €22,787 | -€0 | 0.0% |
| Distributable reserves | 133 | €22,787 | €22,787 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€61,192 | -€97,089 | -€35,897 | -58.7% |
| Amounts payable | 17/49 | €283,734 | €301,876 | +€18,142 | +6.4% |
| Amounts payable after more than one year | 17 | €96,456 | €202,013 | +€105,557 | +109% |
| Financial debts | 170/4 | €96,456 | €70,388 | -€26,068 | -27.0% |
| Other amounts payable | 178/9 | - | €131,625 | +€131,625 | |
| Amounts payable within one year | 42/48 | €187,274 | €99,863 | -€87,411 | -46.7% |
| Current portion of amounts payable after more than one year | 42 | €30,558 | €26,068 | -€4,490 | -14.7% |
| Financial debts | 43 | €36,532 | - | -€36,532 | |
| Credit institutions | 430/8 | €36,532 | - | -€36,532 | |
| Trade debts | 44 | €34,454 | €53,405 | +€18,951 | +55.0% |
| Suppliers | 440/4 | €34,454 | €53,405 | +€18,951 | +55.0% |
| Taxes, remuneration and social security | 45 | €22,883 | €20,390 | -€2,493 | -10.9% |
| Taxes | 450/3 | €2,089 | €2,675 | +€586 | +28.1% |
| Remuneration and social security | 454/9 | €20,794 | €17,715 | -€3,079 | -14.8% |
| Other amounts payable | 47/48 | €62,847 | - | -€62,847 | |
| Accrued charges and deferred income | 492/3 | €4 | - | -€4 | |
| Turnover | 70 | €659,401 | - | -€659,401 | |
| Non-recurring operating income | 76A | €68,912 | - | -€68,912 | |
| Goods, raw materials, services and sundry goods | 60/61 | €663,433 | - | -€663,433 | |
| Remuneration, social security and pensions | 62 | €67,780 | €70,234 | +€2,454 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,141 | €17,373 | -€768 | -4.2% |
| Other operating charges | 640/8 | €1,476 | €1,469 | -€7 | -0.5% |
| Non-recurring operating charges | 66A | €11,184 | €811 | -€10,373 | -92.8% |
| Gross operating margin | 9900 | €64,880 | €64,966 | +€86 | +0.1% |
| Operating profit (loss) | 9901 | -€33,701 | -€24,921 | +€8,780 | +26.1% |
| Financial charges | 65/66B | €12,449 | €10,976 | -€1,473 | -11.8% |
| Recurring financial charges | 65 | €12,449 | €10,976 | -€1,473 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€46,150 | -€35,897 | +€10,253 | +22.2% |
| Profit (loss) for the period | 9904 | -€46,150 | -€35,897 | +€10,253 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,150 | -€35,897 | +€10,253 | +22.2% |
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 29 October 2026 via checked.be.