LEFIMA: 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.
LEFIMA
Largest movements
- Tangible fixed assets -€1,370
down €1,370 (-4.2%), from €32,874 to €31,504
of which Land and buildings: -€1,370
- Profit (loss) carried forward -€6,825
down €6,825 (-23.7%), from -€28,848 to -€35,673
- Other debts +€5,603
up €5,603 (+31.0%), from €18,044 to €23,646
- Gross operating margin -€5,457
down €5,457, from €277 to -€5,180
- Other operating charges -€1,919
down €1,919 (-88.7%), from €2,165 to €246
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 | €32,995 | €31,596 | -€1,400 | -4.2% |
| Fixed assets | 21/28 | €32,874 | €31,504 | -€1,370 | -4.2% |
| Tangible fixed assets | 22/27 | €32,874 | €31,504 | -€1,370 | -4.2% |
| Land and buildings | 22 | €32,874 | €31,504 | -€1,370 | -4.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €122 | €92 | -€30 | -24.7% |
| Cash at bank and in hand | 54/58 | €122 | €92 | -€30 | -24.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €32,995 | €31,596 | -€1,400 | -4.2% |
| Equity | 10/15 | €13,612 | €6,787 | -€6,825 | -50.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,860 | €23,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,848 | -€35,673 | -€6,825 | -23.7% |
| Amounts payable | 17/49 | €19,383 | €24,808 | +€5,425 | +28.0% |
| Amounts payable within one year | 42/48 | €19,383 | €24,808 | +€5,425 | +28.0% |
| Trade debts | 44 | €1,113 | €1,162 | +€49 | +4.4% |
| Suppliers | 440/4 | €1,113 | €1,162 | +€49 | +4.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €226 | €0 | -€226 | -100.0% |
| Taxes | 450/3 | €226 | €0 | -€226 | -100.0% |
| Other amounts payable | 47/48 | €18,044 | €23,646 | +€5,603 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,370 | €1,370 | = | 0.0% |
| Other operating charges | 640/8 | €2,165 | €246 | -€1,919 | -88.7% |
| Gross operating margin | 9900 | €277 | -€5,180 | -€5,457 | |
| Operating profit (loss) | 9901 | -€3,257 | -€6,795 | -€3,538 | -108.6% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,286 | -€6,825 | -€3,539 | -107.7% |
| Income taxes | 67/77 | €31 | €0 | -€31 | -100.0% |
| Profit (loss) for the period | 9904 | -€3,317 | -€6,825 | -€3,508 | -105.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,317 | -€6,825 | -€3,508 | -105.8% |
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 7 October 2026 via checked.be.