Lecuivre Construction: 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.
Lecuivre Construction
Largest movements
- Tangible fixed assets +€83,024
up €83,024 (+147%), from €56,557 to €139,582
of which Plant, machinery and equipment: +€91,523
- Cash +€60,023
up €60,023 (+182%), from €32,921 to €92,945
mainly Trade debts (+€115,263) and Net result for the year (+€54,250)
- Receivables within one year +€14,924
up €14,924 (+117%), from €12,773 to €27,697
of which Trade receivables: +€9,356
- Deferred charges and accrued income +€3,222
up €3,222 (+2,983%), from €108 to €3,330
- Trade debts +€115,263
new in 2025: €115,263
- Profit (loss) carried forward +€54,250
up €54,250 (+113%), from €48,076 to €102,326
- Debts after one year -€9,934
down €9,934 (-31.2%), from €31,882 to €21,948
- Gross operating margin +€43,887
up €43,887 (+78.9%), from €55,593 to €99,480
- Taxes +€12,265
up €12,265 (+210%), from €5,832 to €18,097
- Other operating charges -€6,142
down €6,142 (-90.5%), from €6,788 to €646
- Staff costs +€3,808
up €3,808 (+166%), from €2,296 to €6,105
- Depreciation +€3,135
up €3,135 (+20.2%), from €15,551 to €18,686
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 | €102,360 | €263,554 | +€161,194 | +157% |
| Fixed assets | 21/28 | €56,557 | €139,582 | +€83,024 | +147% |
| Tangible fixed assets | 22/27 | €56,557 | €139,582 | +€83,024 | +147% |
| Plant, machinery and equipment | 23 | €8,712 | €100,235 | +€91,523 | +1,051% |
| Furniture and vehicles | 24 | €47,846 | €39,347 | -€8,499 | -17.8% |
| Current assets | 29/58 | €45,803 | €123,972 | +€78,169 | +171% |
| Amounts receivable within one year | 40/41 | €12,773 | €27,697 | +€14,924 | +117% |
| Trade receivables | 40 | €3,009 | €12,365 | +€9,356 | +311% |
| Other amounts receivable | 41 | €9,765 | €15,333 | +€5,568 | +57.0% |
| Cash at bank and in hand | 54/58 | €32,921 | €92,945 | +€60,023 | +182% |
| Deferred charges and accrued income | 490/1 | €108 | €3,330 | +€3,222 | +2,983% |
| Total equity and liabilities | 10/49 | €102,360 | €263,554 | +€161,194 | +157% |
| Equity | 10/15 | €50,576 | €104,826 | +€54,250 | +107% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,076 | €102,326 | +€54,250 | +113% |
| Amounts payable | 17/49 | €51,784 | €158,728 | +€106,944 | +207% |
| Amounts payable after more than one year | 17 | €31,882 | €21,948 | -€9,934 | -31.2% |
| Financial debts | 170/4 | €31,882 | €21,948 | -€9,934 | -31.2% |
| Amounts payable within one year | 42/48 | €18,752 | €135,480 | +€116,728 | +622% |
| Current portion of amounts payable after more than one year | 42 | €13,618 | €13,981 | +€363 | +2.7% |
| Trade debts | 44 | - | €115,263 | +€115,263 | |
| Suppliers | 440/4 | - | €115,263 | +€115,263 | |
| Taxes, remuneration and social security | 45 | €5,134 | €5,237 | +€103 | +2.0% |
| Taxes | 450/3 | €1,837 | €2,350 | +€513 | +28.0% |
| Remuneration and social security | 454/9 | €3,297 | €2,887 | -€410 | -12.4% |
| Other amounts payable | 47/48 | - | €999 | +€999 | |
| Accrued charges and deferred income | 492/3 | €1,150 | €1,300 | +€150 | +13.0% |
| Remuneration, social security and pensions | 62 | €2,296 | €6,105 | +€3,808 | +166% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,551 | €18,686 | +€3,135 | +20.2% |
| Other operating charges | 640/8 | €6,788 | €646 | -€6,142 | -90.5% |
| Gross operating margin | 9900 | €55,593 | €99,480 | +€43,887 | +78.9% |
| Operating profit (loss) | 9901 | €30,958 | €74,044 | +€43,085 | +139% |
| Financial income | 75/76B | €8 | €4 | -€4 | -52.3% |
| Recurring financial income | 75 | €8 | €4 | -€4 | -52.3% |
| Financial charges | 65/66B | €2,089 | €1,701 | -€388 | -18.6% |
| Recurring financial charges | 65 | €2,089 | €1,701 | -€388 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €28,878 | €72,347 | +€43,469 | +151% |
| Income taxes | 67/77 | €5,832 | €18,097 | +€12,265 | +210% |
| Profit (loss) for the period | 9904 | €23,045 | €54,250 | +€31,204 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €23,045 | €54,250 | +€31,204 | +135% |
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 21 October 2026 via checked.be.