Lefleche Partners: 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.
Lefleche Partners
Largest movements
- Intangible fixed assets +€53,882
new in 2025: €53,882
- Cash -€8,911
no longer reported in 2025 (was €8,911)
mainly Investment in fixed assets (net) (-€60,428) and Net result for the year (-€29,091)
- Deferred charges and accrued income +€2,922
new in 2025: €2,922
- Receivables within one year -€1,616
no longer reported in 2025 (was €1,616)
of which Other amounts receivable: -€836
- Debts after one year +€32,473
new in 2025: €32,473
- Profit (loss) carried forward -€29,091
down €29,091, from €360 to -€28,730
- Other debts +€17,600
up €17,600 (+692%), from €2,542 to €20,142
- Current portion of long-term debt +€11,838
new in 2025: €11,838
- Trade debts +€10,994
new in 2025: €10,994
- Gross operating margin -€20,769
down €20,769, from €1,532 to -€19,237
- Depreciation +€6,557
up €6,557 (+6,576%), from €100 to €6,656
- Financial charges +€1,730
up €1,730 (+4,894%), from €35 to €1,765
- Other operating charges +€370
up €370 (+72.2%), from €511 to €881
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 | €10,757 | €56,923 | +€46,166 | +429% |
| Fixed assets | 21/28 | €230 | €54,002 | +€53,772 | +23,374% |
| Intangible fixed assets | 21 | - | €53,882 | +€53,882 | |
| Tangible fixed assets | 22/27 | €230 | €120 | -€110 | -47.8% |
| Furniture and vehicles | 24 | €230 | €120 | -€110 | -47.8% |
| Current assets | 29/58 | €10,527 | €2,922 | -€7,605 | -72.2% |
| Amounts receivable within one year | 40/41 | €1,616 | - | -€1,616 | |
| Trade receivables | 40 | €780 | - | -€780 | |
| Other amounts receivable | 41 | €836 | - | -€836 | |
| Cash at bank and in hand | 54/58 | €8,911 | - | -€8,911 | |
| Deferred charges and accrued income | 490/1 | - | €2,922 | +€2,922 | |
| Total equity and liabilities | 10/49 | €10,757 | €56,923 | +€46,166 | +429% |
| Equity | 10/15 | €1,360 | -€27,730 | -€29,091 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €360 | -€28,730 | -€29,091 | |
| Amounts payable | 17/49 | €9,397 | €84,654 | +€75,257 | +801% |
| Amounts payable after more than one year | 17 | - | €32,473 | +€32,473 | |
| Financial debts | 170/4 | - | €32,473 | +€32,473 | |
| Amounts payable within one year | 42/48 | €9,397 | €52,180 | +€42,784 | +455% |
| Current portion of amounts payable after more than one year | 42 | - | €11,838 | +€11,838 | |
| Financial debts | 43 | - | €396 | +€396 | |
| Credit institutions | 430/8 | - | €396 | +€396 | |
| Trade debts | 44 | - | €10,994 | +€10,994 | |
| Suppliers | 440/4 | - | €10,994 | +€10,994 | |
| Taxes, remuneration and social security | 45 | €6,855 | €8,811 | +€1,956 | +28.5% |
| Taxes | 450/3 | €4,725 | €1,281 | -€3,444 | -72.9% |
| Remuneration and social security | 454/9 | €2,130 | €7,530 | +€5,400 | +254% |
| Other amounts payable | 47/48 | €2,542 | €20,142 | +€17,600 | +692% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100 | €6,656 | +€6,557 | +6,576% |
| Other operating charges | 640/8 | €511 | €881 | +€370 | +72.2% |
| Gross operating margin | 9900 | €1,532 | -€19,237 | -€20,769 | |
| Operating profit (loss) | 9901 | €921 | -€26,775 | -€27,695 | |
| Financial income | 75/76B | - | €44 | +€44 | |
| Recurring financial income | 75 | - | €44 | +€44 | |
| Financial charges | 65/66B | €35 | €1,765 | +€1,730 | +4,894% |
| Recurring financial charges | 65 | €35 | €1,765 | +€1,730 | +4,894% |
| Profit (loss) for the period before taxes | 9903 | €885 | -€28,496 | -€29,381 | |
| Income taxes | 67/77 | €525 | €595 | +€70 | +13.3% |
| Profit (loss) for the period | 9904 | €360 | -€29,091 | -€29,451 | |
| Profit (loss) for the period to be appropriated | 9905 | €360 | -€29,091 | -€29,451 |
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 16 October 2026 via checked.be.