LEFIM: what changed
Two fiscal 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.
LEFIM
Largest movements
- Cash -€32,512
down €32,512 (-44.2%), from €73,508 to €40,995
mainly Tax, wage and social debts (-€30,586) and Net result for the year (-€2,232)
- Tax, wage and social debts -€30,586
no longer reported in 2025 (was €30,586)
- Gross operating margin -€115,170
down €115,170 (-98.3%), from €117,156 to €1,986
- Taxes -€30,599
no longer reported in 2025 (was €30,599)
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.
Cash bridge derived
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 | €998,698 | €966,267 | -€32,431 | -3.2% |
| Fixed assets | 21/28 | €267,500 | €267,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €267,500 | €267,500 | = | 0.0% |
| Land and buildings | 22 | €267,500 | €267,500 | = | 0.0% |
| Current assets | 29/58 | €731,198 | €698,767 | -€32,431 | -4.4% |
| Amounts receivable within one year | 40/41 | - | €25 | +€25 | |
| Other amounts receivable | 41 | - | €25 | +€25 | |
| Current investments | 50/53 | €657,690 | €657,747 | +€57 | 0.0% |
| Cash at bank and in hand | 54/58 | €73,508 | €40,995 | -€32,512 | -44.2% |
| Total equity and liabilities | 10/49 | €998,698 | €966,267 | -€32,431 | -3.2% |
| Equity | 10/15 | €853,691 | €851,459 | -€2,232 | -0.3% |
| Contributions | 10/11 | €555,282 | €555,282 | = | 0.0% |
| Capital | 10 | €555,282 | €555,282 | = | 0.0% |
| Issued capital | 100 | €555,282 | €555,282 | = | 0.0% |
| Reserves | 13 | €55,528 | €55,528 | = | 0.0% |
| Non-distributable reserves | 130/1 | €55,528 | €55,528 | = | 0.0% |
| Legal reserve | 130 | €55,528 | €55,528 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,881 | €240,649 | -€2,232 | -0.9% |
| Amounts payable | 17/49 | €145,007 | €114,809 | -€30,198 | -20.8% |
| Amounts payable within one year | 42/48 | €145,007 | €114,809 | -€30,198 | -20.8% |
| Taxes, remuneration and social security | 45 | €30,586 | - | -€30,586 | |
| Taxes | 450/3 | €30,586 | - | -€30,586 | |
| Other amounts payable | 47/48 | €114,421 | €114,809 | +€387 | +0.3% |
| Other operating charges | 640/8 | €4,063 | €4,186 | +€122 | +3.0% |
| Gross operating margin | 9900 | €117,156 | €1,986 | -€115,170 | -98.3% |
| Operating profit (loss) | 9901 | €113,092 | -€2,200 | -€115,292 | |
| Financial income | 75/76B | €43 | €82 | +€39 | +89.5% |
| Recurring financial income | 75 | €43 | €82 | +€39 | +89.5% |
| Financial charges | 65/66B | €843 | €114 | -€729 | -86.4% |
| Recurring financial charges | 65 | €843 | €114 | -€729 | -86.4% |
| Profit (loss) for the period before taxes | 9903 | €112,293 | -€2,232 | -€114,525 | |
| Income taxes | 67/77 | €30,599 | - | -€30,599 | |
| Profit (loss) for the period | 9904 | €81,694 | -€2,232 | -€83,926 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,694 | -€2,232 | -€83,926 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.