LEFEBVRE & DESPRET: 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.
LEFEBVRE & DESPRET
Largest movements
- Cash +€10,164
up €10,164 (+29.6%), from €34,392 to €44,556
mainly Depreciation (+€5,094) and Net result for the year (+€4,818)
- Tangible fixed assets -€5,094
down €5,094 (-37.8%), from €13,468 to €8,374
of which Furniture and vehicles: -€4,040
- Receivables within one year -€1,507
down €1,507 (-17.2%), from €8,762 to €7,255
of which Trade receivables: -€3,545
- Profit (loss) carried forward +€4,818
up €4,818 (+12.6%), from €38,112 to €42,930
- Other debts +€4,325
up €4,325 (+2,249%), from €192 to €4,517
- Tax, wage and social debts -€3,403
down €3,403 (-72.0%), from €4,725 to €1,322
of which Remuneration and social security: -€4,364
- Current portion of long-term debt -€2,667
down €2,667 (-66.7%), from €4,000 to €1,333
- Debts after one year -€1,333
no longer reported in 2025 (was €1,333)
- Gross operating margin +€2,273
up €2,273 (+23.7%), from €9,594 to €11,867
- Taxes +€1,319
up €1,319 (+43,391%), from €3 to €1,322
- Depreciation -€279
down €279 (-5.2%), from €5,373 to €5,094
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 | €57,212 | €60,185 | +€2,973 | +5.2% |
| Fixed assets | 21/28 | €13,468 | €8,374 | -€5,094 | -37.8% |
| Tangible fixed assets | 22/27 | €13,468 | €8,374 | -€5,094 | -37.8% |
| Plant, machinery and equipment | 23 | €1,834 | €780 | -€1,054 | -57.5% |
| Furniture and vehicles | 24 | €11,634 | €7,594 | -€4,040 | -34.7% |
| Current assets | 29/58 | €43,744 | €51,811 | +€8,067 | +18.4% |
| Stocks and contracts in progress | 3 | €590 | - | -€590 | |
| Stocks | 30/36 | €590 | - | -€590 | |
| Amounts receivable within one year | 40/41 | €8,762 | €7,255 | -€1,507 | -17.2% |
| Trade receivables | 40 | €8,762 | €5,217 | -€3,545 | -40.5% |
| Other amounts receivable | 41 | - | €2,038 | +€2,038 | |
| Cash at bank and in hand | 54/58 | €34,392 | €44,556 | +€10,164 | +29.6% |
| Total equity and liabilities | 10/49 | €57,212 | €60,185 | +€2,973 | +5.2% |
| Equity | 10/15 | €46,172 | €50,990 | +€4,818 | +10.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,112 | €42,930 | +€4,818 | +12.6% |
| Amounts payable | 17/49 | €11,040 | €9,195 | -€1,845 | -16.7% |
| Amounts payable after more than one year | 17 | €1,333 | - | -€1,333 | |
| Financial debts | 170/4 | €1,333 | - | -€1,333 | |
| Amounts payable within one year | 42/48 | €9,707 | €9,195 | -€512 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €4,000 | €1,333 | -€2,667 | -66.7% |
| Trade debts | 44 | €789 | €2,022 | +€1,233 | +156% |
| Suppliers | 440/4 | €789 | €2,022 | +€1,233 | +156% |
| Taxes, remuneration and social security | 45 | €4,725 | €1,322 | -€3,403 | -72.0% |
| Taxes | 450/3 | €361 | €1,322 | +€960 | +266% |
| Remuneration and social security | 454/9 | €4,364 | - | -€4,364 | |
| Other amounts payable | 47/48 | €192 | €4,517 | +€4,325 | +2,249% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,373 | €5,094 | -€279 | -5.2% |
| Other operating charges | 640/8 | €587 | €594 | +€6 | +1.1% |
| Non-recurring operating charges | 66A | €1,214 | - | -€1,214 | |
| Gross operating margin | 9900 | €9,594 | €11,867 | +€2,273 | +23.7% |
| Operating profit (loss) | 9901 | €2,420 | €6,179 | +€3,760 | +155% |
| Financial charges | 65/66B | €41 | €39 | -€2 | -5.7% |
| Recurring financial charges | 65 | €41 | €39 | -€2 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €2,378 | €6,140 | +€3,762 | +158% |
| Income taxes | 67/77 | €3 | €1,322 | +€1,319 | +43,391% |
| Profit (loss) for the period | 9904 | €2,375 | €4,818 | +€2,443 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €2,375 | €4,818 | +€2,443 | +103% |
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 23 October 2026 via checked.be.