LEFIMO: 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.
LEFIMO
Largest movements
- Cash +€141,057
up €141,057 (+6.9%), from €2.0m to €2.2m
mainly Net result for the year (+€280,728) and Depreciation (+€39,812)
- Tangible fixed assets +€60,188
up €60,188 (+3.7%), from €1.6m to €1.7m
of which Furniture and vehicles: +€90,929
- Receivables within one year +€59,061
up €59,061 (+9.9%), from €594,120 to €653,181
of which Trade receivables: +€34,186
- Reserves +€280,728
up €280,728 (+12.0%), from €2.3m to €2.6m
- Financial income +€44,034
up €44,034 (+363.2%), from €12,123 to €56,157
- Taxes +€14,354
up €14,354 (+12.1%), from €119,062 to €133,416
- Gross operating margin +€11,327
up €11,327 (+2.8%), from €409,700 to €421,026
- Depreciation +€9,071
up €9,071 (+29.5%), from €30,741 to €39,812
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,277,376 | €4,537,449 | +€260,073 | +6.1% |
| Fixed assets | 21/28 | €1,646,057 | €1,706,245 | +€60,188 | +3.7% |
| Tangible fixed assets | 22/27 | €1,646,057 | €1,706,245 | +€60,188 | +3.7% |
| Land and buildings | 22 | €1,646,057 | €1,615,316 | -€30,741 | -1.9% |
| Furniture and vehicles | 24 | - | €90,929 | +€90,929 | |
| Current assets | 29/58 | €2,631,319 | €2,831,204 | +€199,886 | +7.6% |
| Amounts receivable within one year | 40/41 | €594,120 | €653,181 | +€59,061 | +9.9% |
| Trade receivables | 40 | - | €34,186 | +€34,186 | |
| Other amounts receivable | 41 | €594,120 | €618,995 | +€24,875 | +4.2% |
| Cash at bank and in hand | 54/58 | €2,036,351 | €2,177,409 | +€141,057 | +6.9% |
| Deferred charges and accrued income | 490/1 | €847 | €615 | -€233 | -27.5% |
| Total equity and liabilities | 10/49 | €4,277,376 | €4,537,449 | +€260,073 | +6.1% |
| Equity | 10/15 | €4,215,040 | €4,495,769 | +€280,728 | +6.7% |
| Contributions | 10/11 | €1,884,000 | €1,884,000 | = | 0.0% |
| Reserves | 13 | €2,331,040 | €2,611,769 | +€280,728 | +12.0% |
| Distributable reserves | 133 | €2,331,040 | €2,611,769 | +€280,728 | +12.0% |
| Amounts payable | 17/49 | €62,335 | €41,681 | -€20,655 | -33.1% |
| Amounts payable within one year | 42/48 | €62,335 | €41,681 | -€20,655 | -33.1% |
| Trade debts | 44 | €474 | €1,010 | +€537 | +113.2% |
| Suppliers | 440/4 | €474 | €1,010 | +€537 | +113.2% |
| Taxes, remuneration and social security | 45 | €61,862 | €40,670 | -€21,191 | -34.3% |
| Taxes | 450/3 | €61,862 | €40,670 | -€21,191 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,741 | €39,812 | +€9,071 | +29.5% |
| Other operating charges | 640/8 | €20,420 | €22,770 | +€2,350 | +11.5% |
| Gross operating margin | 9900 | €409,700 | €421,026 | +€11,327 | +2.8% |
| Operating profit (loss) | 9901 | €358,538 | €358,444 | -€94 | 0.0% |
| Financial income | 75/76B | €12,123 | €56,157 | +€44,034 | +363.2% |
| Recurring financial income | 75 | €12,123 | €56,157 | +€44,034 | +363.2% |
| Financial charges | 65/66B | €228 | €457 | +€229 | +100.1% |
| Recurring financial charges | 65 | €228 | €457 | +€229 | +100.1% |
| Profit (loss) for the period before taxes | 9903 | €370,433 | €414,144 | +€43,711 | +11.8% |
| Income taxes | 67/77 | €119,062 | €133,416 | +€14,354 | +12.1% |
| Profit (loss) for the period | 9904 | €251,371 | €280,728 | +€29,357 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €251,371 | €280,728 | +€29,357 | +11.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.