LEFEBVRE DIDIER: 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 DIDIER
Largest movements
- Cash -€77,370
down €77,370 (-15.0%), from €514,401 to €437,031
mainly Contributions, distributions and other (-€115,500) and Investment in fixed assets (net) (-€49,475)
- Receivables within one year -€60,827
down €60,827 (-38.9%), from €156,211 to €95,384
of which Trade receivables: -€133,647
- Tangible fixed assets +€37,298
up €37,298 (+217%), from €17,187 to €54,485
of which Furniture and vehicles: +€37,049
- Reserves -€139,639
down €139,639 (-24.5%), from €569,360 to €429,721
of which Distributable reserves: -€139,639
- Other debts +€59,192
up €59,192 (+182%), from €32,457 to €91,650
- Trade debts -€14,782
down €14,782 (-93.1%), from €15,882 to €1,101
- Gross operating margin -€113,178
down €113,178, from €97,346 to -€15,832
- Taxes -€16,935
down €16,935 (-99.5%), from €17,025 to €90
- Financial charges -€4,527
down €4,527 (-92.6%), from €4,887 to €360
- Financial income +€4,523
up €4,523 (+16,708%), from €27 to €4,550
- Depreciation +€3,333
up €3,333 (+37.3%), from €8,934 to €12,267
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 | €688,869 | €592,382 | -€96,487 | -14.0% |
| Fixed assets | 21/28 | €17,277 | €54,485 | +€37,208 | +215% |
| Tangible fixed assets | 22/27 | €17,187 | €54,485 | +€37,298 | +217% |
| Land and buildings | 22 | - | €1,447 | +€1,447 | |
| Furniture and vehicles | 24 | €10,572 | €47,621 | +€37,049 | +350% |
| Other tangible fixed assets | 26 | €6,615 | €5,418 | -€1,198 | -18.1% |
| Financial fixed assets | 28 | €90 | - | -€90 | |
| Current assets | 29/58 | €671,592 | €537,897 | -€133,695 | -19.9% |
| Amounts receivable within one year | 40/41 | €156,211 | €95,384 | -€60,827 | -38.9% |
| Trade receivables | 40 | €134,955 | €1,308 | -€133,647 | -99.0% |
| Other amounts receivable | 41 | €21,256 | €94,075 | +€72,820 | +343% |
| Cash at bank and in hand | 54/58 | €514,401 | €437,031 | -€77,370 | -15.0% |
| Deferred charges and accrued income | 490/1 | €980 | €5,483 | +€4,502 | +459% |
| Total equity and liabilities | 10/49 | €688,869 | €592,382 | -€96,487 | -14.0% |
| Equity | 10/15 | €588,308 | €448,321 | -€139,988 | -23.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €569,360 | €429,721 | -€139,639 | -24.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €567,500 | €427,861 | -€139,639 | -24.6% |
| Profit (loss) carried forward | 14 | €348 | - | -€348 | |
| Amounts payable | 17/49 | €100,561 | €144,061 | +€43,501 | +43.3% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €50,561 | €93,853 | +€43,292 | +85.6% |
| Trade debts | 44 | €15,882 | €1,101 | -€14,782 | -93.1% |
| Suppliers | 440/4 | €15,882 | €1,101 | -€14,782 | -93.1% |
| Taxes, remuneration and social security | 45 | €2,221 | €1,103 | -€1,119 | -50.4% |
| Taxes | 450/3 | €2,221 | €1,103 | -€1,119 | -50.4% |
| Other amounts payable | 47/48 | €32,457 | €91,650 | +€59,192 | +182% |
| Accrued charges and deferred income | 492/3 | - | €208 | +€208 | |
| Non-recurring operating income | 76A | - | €11,480 | +€11,480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,934 | €12,267 | +€3,333 | +37.3% |
| Other operating charges | 640/8 | €610 | €424 | -€186 | -30.4% |
| Non-recurring operating charges | 66A | €121 | €63 | -€58 | -47.6% |
| Gross operating margin | 9900 | €97,346 | -€15,832 | -€113,178 | |
| Operating profit (loss) | 9901 | €87,681 | -€28,587 | -€116,268 | |
| Financial income | 75/76B | €27 | €4,550 | +€4,523 | +16,708% |
| Recurring financial income | 75 | €27 | €4,550 | +€4,523 | +16,708% |
| Financial charges | 65/66B | €4,887 | €360 | -€4,527 | -92.6% |
| Recurring financial charges | 65 | €4,887 | €360 | -€4,527 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €82,821 | -€24,398 | -€107,218 | |
| Income taxes | 67/77 | €17,025 | €90 | -€16,935 | -99.5% |
| Profit (loss) for the period | 9904 | €65,796 | -€24,488 | -€90,284 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,796 | -€24,488 | -€90,284 |
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 17 October 2026 via checked.be.