LEFEVRE AND PARTNERS: what changed
LEFEVRE AND PARTNERS
Largest movements
- Tangible fixed assets +€696,776
up €696,776 (+107%), from €651,259 to €1.3m
- Cash +€19,382
up €19,382 (+820%), from €2,363 to €21,745
mainly Debts after one year (+€704,477) and Depreciation (+€144,084)
- Debts after one year +€704,477
up €704,477 (+2,331%), from €30,226 to €734,704
- Other debts +€93,909
up €93,909 (+33.0%), from €284,734 to €378,643
- Profit (loss) carried forward -€73,072
down €73,072, from €19,624 to -€53,447
- Depreciation +€108,842
up €108,842 (+309%), from €35,242 to €144,084
- Gross operating margin +€16,292
up €16,292 (+17.1%), from €95,499 to €111,791
- Financial charges +€15,267
up €15,267 (+436%), from €3,502 to €18,769
- Taxes -€12,013
no longer reported in 2025 (was €12,013)
- Other operating charges +€1,383
up €1,383 (+6.7%), from €20,627 to €22,010
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 | €656,726 | €1,374,059 | +€717,334 | +109% |
| Fixed assets | 21/28 | €651,589 | €1,348,365 | +€696,776 | +107% |
| Tangible fixed assets | 22/27 | €651,259 | €1,348,035 | +€696,776 | +107% |
| Land and buildings | 22 | €651,259 | €1,348,035 | +€696,776 | +107% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €5,137 | €25,694 | +€20,557 | +400% |
| Cash at bank and in hand | 54/58 | €2,363 | €21,745 | +€19,382 | +820% |
| Deferred charges and accrued income | 490/1 | €2,774 | €3,949 | +€1,175 | +42.4% |
| Total equity and liabilities | 10/49 | €656,726 | €1,374,059 | +€717,334 | +109% |
| Equity | 10/15 | €292,449 | €219,378 | -€73,072 | -25.0% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €148,878 | €148,878 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €136,484 | €136,484 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,624 | -€53,447 | -€73,072 | |
| Amounts payable | 17/49 | €364,276 | €1,154,681 | +€790,405 | +217% |
| Amounts payable after more than one year | 17 | €30,226 | €734,704 | +€704,477 | +2,331% |
| Financial debts | 170/4 | €30,226 | €734,704 | +€704,477 | +2,331% |
| Amounts payable within one year | 42/48 | €333,525 | €419,978 | +€86,453 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €23,414 | €26,456 | +€3,041 | +13.0% |
| Trade debts | 44 | €13,363 | €2,866 | -€10,497 | -78.6% |
| Suppliers | 440/4 | €13,363 | €2,866 | -€10,497 | -78.6% |
| Taxes, remuneration and social security | 45 | €12,013 | €12,013 | = | 0.0% |
| Taxes | 450/3 | €12,013 | €12,013 | = | 0.0% |
| Other amounts payable | 47/48 | €284,734 | €378,643 | +€93,909 | +33.0% |
| Accrued charges and deferred income | 492/3 | €525 | - | -€525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,242 | €144,084 | +€108,842 | +309% |
| Other operating charges | 640/8 | €20,627 | €22,010 | +€1,383 | +6.7% |
| Gross operating margin | 9900 | €95,499 | €111,791 | +€16,292 | +17.1% |
| Operating profit (loss) | 9901 | €39,630 | -€54,303 | -€93,932 | |
| Financial charges | 65/66B | €3,502 | €18,769 | +€15,267 | +436% |
| Recurring financial charges | 65 | €3,502 | €18,769 | +€15,267 | +436% |
| Profit (loss) for the period before taxes | 9903 | €36,128 | -€73,072 | -€109,200 | |
| Income taxes | 67/77 | €12,013 | - | -€12,013 | |
| Profit (loss) for the period | 9904 | €24,115 | -€73,072 | -€97,186 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,115 | -€73,072 | -€97,186 |
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 5 November 2026 via checked.be.