LEE MANAGEMENT: what changed
LEE MANAGEMENT
Largest movements
- Financial fixed assets -€294,500
no longer reported in 2025 (was €294,500)
- Cash +€12,599
up €12,599 (+5,226%), from €241 to €12,840
mainly Investment in fixed assets (net) (+€294,500) and Contributions, distributions and other (+€14,620)
- Profit (loss) carried forward -€264,760
down €264,760, from €204,954 to -€59,806
- Other debts -€18,126
down €18,126 (-21.4%), from €84,799 to €66,674
- Financial charges +€294,353
up €294,353 (+50,748%), from €580 to €294,933
of which Non-recurring financial charges: +€294,500
- Gross operating margin +€11,034
up €11,034 (+131%), from €8,408 to €19,442
- Taxes +€3,815
new in 2025: €3,815
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €297,741 | €15,382 | -€282,359 | -94.8% |
| Fixed assets | 21/28 | €294,500 | - | -€294,500 | |
| Financial fixed assets | 28 | €294,500 | - | -€294,500 | |
| Current assets | 29/58 | €3,241 | €15,382 | +€12,141 | +375% |
| Amounts receivable within one year | 40/41 | €3,000 | €2,542 | -€458 | -15.3% |
| Trade receivables | 40 | €3,000 | €2,542 | -€458 | -15.3% |
| Cash at bank and in hand | 54/58 | €241 | €12,840 | +€12,599 | +5,226% |
| Total equity and liabilities | 10/49 | €297,741 | €15,382 | -€282,359 | -94.8% |
| Equity | 10/15 | €207,954 | -€56,806 | -€264,760 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,954 | -€59,806 | -€264,760 | |
| Amounts payable | 17/49 | €89,787 | €72,188 | -€17,599 | -19.6% |
| Amounts payable within one year | 42/48 | €89,787 | €72,188 | -€17,599 | -19.6% |
| Trade debts | 44 | €644 | €468 | -€176 | -27.3% |
| Suppliers | 440/4 | €644 | €468 | -€176 | -27.3% |
| Taxes, remuneration and social security | 45 | €4,343 | €5,046 | +€703 | +16.2% |
| Taxes | 450/3 | €4,343 | €5,046 | +€703 | +16.2% |
| Other amounts payable | 47/48 | €84,799 | €66,674 | -€18,126 | -21.4% |
| Other operating charges | 640/8 | - | €74 | +€74 | |
| Gross operating margin | 9900 | €8,408 | €19,442 | +€11,034 | +131% |
| Operating profit (loss) | 9901 | €8,408 | €19,368 | +€10,960 | +130% |
| Financial charges | 65/66B | €580 | €294,933 | +€294,353 | +50,748% |
| Recurring financial charges | 65 | €580 | €433 | -€147 | -25.3% |
| Non-recurring financial charges | 66B | - | €294,500 | +€294,500 | |
| Profit (loss) for the period before taxes | 9903 | €7,828 | -€275,565 | -€283,393 | |
| Income taxes | 67/77 | - | €3,815 | +€3,815 | |
| Profit (loss) for the period | 9904 | €7,828 | -€279,380 | -€287,208 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,828 | -€279,380 | -€287,208 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.