LEFORT CONSTRUCTION: 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.
LEFORT CONSTRUCTION
Largest movements
- Tangible fixed assets -€9,858
down €9,858 (-19.2%), from €51,302 to €41,445
of which Land and buildings: -€6,649
- Cash -€1,751
down €1,751 (-18.8%), from €9,319 to €7,567
mainly Net result for the year (-€12,669) and Investment in fixed assets (net) (-€1,560)
- Receivables within one year -€679
down €679 (-45.9%), from €1,478 to €799
of which Trade receivables: -€709
- Profit (loss) carried forward -€12,669
down €12,669 (-23.6%), from -€53,699 to -€66,368
- Tax, wage and social debts -€1,189
down €1,189 (-87.1%), from €1,365 to €176
- Advances received +€687
new in 2025: €687
- Gross operating margin -€25,072
down €25,072 (-92.5%), from €27,103 to €2,031
- Other operating charges +€310
up €310 (+15.2%), from €2,040 to €2,350
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 | €63,887 | €51,116 | -€12,771 | -20.0% |
| Fixed assets | 21/28 | €52,927 | €42,570 | -€10,358 | -19.6% |
| Intangible fixed assets | 21 | €1,625 | €1,125 | -€500 | -30.8% |
| Tangible fixed assets | 22/27 | €51,302 | €41,445 | -€9,858 | -19.2% |
| Land and buildings | 22 | €40,933 | €34,284 | -€6,649 | -16.2% |
| Furniture and vehicles | 24 | €9,981 | €7,052 | -€2,929 | -29.3% |
| Other tangible fixed assets | 26 | €388 | €108 | -€280 | -72.1% |
| Current assets | 29/58 | €10,960 | €8,547 | -€2,413 | -22.0% |
| Stocks and contracts in progress | 3 | €163 | €180 | +€17 | +10.2% |
| Stocks | 30/36 | €163 | €180 | +€17 | +10.2% |
| Amounts receivable within one year | 40/41 | €1,478 | €799 | -€679 | -45.9% |
| Trade receivables | 40 | €1,478 | €768 | -€709 | -48.0% |
| Other amounts receivable | 41 | - | €31 | +€31 | |
| Cash at bank and in hand | 54/58 | €9,319 | €7,567 | -€1,751 | -18.8% |
| Total equity and liabilities | 10/49 | €63,887 | €51,116 | -€12,771 | -20.0% |
| Equity | 10/15 | -€39,739 | -€52,408 | -€12,669 | -31.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,560 | €1,560 | = | 0.0% |
| Distributable reserves | 133 | €1,560 | €1,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,699 | -€66,368 | -€12,669 | -23.6% |
| Amounts payable | 17/49 | €103,626 | €103,524 | -€102 | -0.1% |
| Amounts payable within one year | 42/48 | €103,626 | €103,524 | -€102 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €76,600 | €76,600 | = | 0.0% |
| Trade debts | 44 | €1,596 | €1,973 | +€377 | +23.6% |
| Suppliers | 440/4 | €1,596 | €1,973 | +€377 | +23.6% |
| Advances received on contracts in progress | 46 | - | €687 | +€687 | |
| Taxes, remuneration and social security | 45 | €1,365 | €176 | -€1,189 | -87.1% |
| Taxes | 450/3 | €1,365 | €176 | -€1,189 | -87.1% |
| Other amounts payable | 47/48 | €24,066 | €24,088 | +€23 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,667 | €11,918 | +€251 | +2.2% |
| Other operating charges | 640/8 | €2,040 | €2,350 | +€310 | +15.2% |
| Gross operating margin | 9900 | €27,103 | €2,031 | -€25,072 | -92.5% |
| Operating profit (loss) | 9901 | €13,396 | -€12,238 | -€25,634 | |
| Financial income | 75/76B | - | €53 | +€53 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Financial charges | 65/66B | €418 | €484 | +€66 | +15.7% |
| Recurring financial charges | 65 | €418 | €484 | +€66 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €12,978 | -€12,669 | -€25,647 | |
| Profit (loss) for the period | 9904 | €12,978 | -€12,669 | -€25,647 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,978 | -€12,669 | -€25,647 |
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 24 October 2026 via checked.be.