LeFun: 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.
LeFun
Largest movements
- Cash +€96,211
up €96,211 (+40.2%), from €239,379 to €335,590
mainly Net result for the year (+€197,849) and Depreciation (+€2,984)
- Receivables within one year +€26,976
up €26,976 (+29.2%), from €92,363 to €119,339
of which Other amounts receivable: +€30,883
- Reserves +€139,025
up €139,025 (+48.4%), from €287,412 to €426,438
- Tax, wage and social debts -€14,257
down €14,257 (-41.2%), from €34,599 to €20,342
of which Taxes: -€11,507
No income-statement line moved by more than 1% of the activity.
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 | €335,064 | €457,729 | +€122,665 | +36.6% |
| Fixed assets | 21/28 | €3,321 | €2,800 | -€521 | -15.7% |
| Tangible fixed assets | 22/27 | €3,321 | €2,800 | -€521 | -15.7% |
| Plant, machinery and equipment | 23 | €1,810 | €1,660 | -€150 | -8.3% |
| Furniture and vehicles | 24 | €1,511 | €1,140 | -€371 | -24.5% |
| Current assets | 29/58 | €331,742 | €454,929 | +€123,187 | +37.1% |
| Amounts receivable within one year | 40/41 | €92,363 | €119,339 | +€26,976 | +29.2% |
| Trade receivables | 40 | €92,363 | €88,455 | -€3,908 | -4.2% |
| Other amounts receivable | 41 | - | €30,883 | +€30,883 | |
| Cash at bank and in hand | 54/58 | €239,379 | €335,590 | +€96,211 | +40.2% |
| Total equity and liabilities | 10/49 | €335,064 | €457,729 | +€122,665 | +36.6% |
| Equity | 10/15 | €292,412 | €431,438 | +€139,025 | +47.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €287,412 | €426,438 | +€139,025 | +48.4% |
| Distributable reserves | 133 | €287,412 | €426,438 | +€139,025 | +48.4% |
| Amounts payable | 17/49 | €42,651 | €26,291 | -€16,360 | -38.4% |
| Amounts payable within one year | 42/48 | €42,651 | €26,291 | -€16,360 | -38.4% |
| Trade debts | 44 | €5,619 | €3,448 | -€2,172 | -38.6% |
| Suppliers | 440/4 | €5,619 | €3,448 | -€2,172 | -38.6% |
| Taxes, remuneration and social security | 45 | €34,599 | €20,342 | -€14,257 | -41.2% |
| Taxes | 450/3 | €31,849 | €20,342 | -€11,507 | -36.1% |
| Remuneration and social security | 454/9 | €2,750 | - | -€2,750 | |
| Other amounts payable | 47/48 | €2,433 | €2,502 | +€69 | +2.8% |
| Remuneration, social security and pensions | 62 | €2,270 | €666 | -€1,603 | -70.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,308 | €2,984 | -€2,325 | -43.8% |
| Other operating charges | 640/8 | €2,018 | €2,241 | +€223 | +11.0% |
| Gross operating margin | 9900 | €269,489 | €268,850 | -€639 | -0.2% |
| Operating profit (loss) | 9901 | €259,893 | €262,960 | +€3,066 | +1.2% |
| Financial income | 75/76B | €878 | - | -€878 | |
| Recurring financial income | 75 | €878 | - | -€878 | |
| Financial charges | 65/66B | €385 | €773 | +€388 | +100.7% |
| Recurring financial charges | 65 | €385 | €773 | +€388 | +100.7% |
| Profit (loss) for the period before taxes | 9903 | €260,386 | €262,187 | +€1,801 | +0.7% |
| Income taxes | 67/77 | €64,689 | €64,339 | -€350 | -0.5% |
| Profit (loss) for the period | 9904 | €195,697 | €197,849 | +€2,151 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €195,697 | €197,849 | +€2,151 | +1.1% |
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 5 October 2026 via checked.be.