Lekenne: 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.
Lekenne
Largest movements
- Cash +€133,501
up €133,501 (+74.5%), from €179,262 to €312,763
mainly Stocks and contracts (+€103,750) and Net result for the year (+€101,421)
- Stocks and contracts -€103,750
down €103,750 (-29.4%), from €352,540 to €248,790
- Receivables within one year +€25,542
up €25,542 (+181%), from €14,119 to €39,661
of which Trade receivables: +€39,661
- Reserves +€77,102
up €77,102 (+16.7%), from €462,646 to €539,747
- Trade debts -€53,490
down €53,490 (-61.7%), from €86,719 to €33,229
- Debts after one year -€49,486
down €49,486 (-8.1%), from €612,396 to €562,910
- Tax, wage and social debts +€45,969
up €45,969 (+93.8%), from €48,982 to €94,951
of which Taxes: +€29,094
- Other debts +€22,923
up €22,923 (+641%), from €3,573 to €26,497
- Staff costs +€26,347
up €26,347 (+8.8%), from €298,801 to €325,149
- Gross operating margin +€23,310
up €23,310 (+4.6%), from €506,083 to €529,394
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 | €1,484,361 | €1,528,449 | +€44,088 | +3.0% |
| Fixed assets | 21/28 | €928,692 | €917,730 | -€10,962 | -1.2% |
| Tangible fixed assets | 22/27 | €928,192 | €917,230 | -€10,962 | -1.2% |
| Land and buildings | 22 | €875,330 | €876,823 | +€1,493 | +0.2% |
| Plant, machinery and equipment | 23 | €51,257 | €39,204 | -€12,054 | -23.5% |
| Furniture and vehicles | 24 | €1,605 | €1,204 | -€401 | -25.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €555,669 | €610,719 | +€55,050 | +9.9% |
| Stocks and contracts in progress | 3 | €352,540 | €248,790 | -€103,750 | -29.4% |
| Stocks | 30/36 | €352,540 | €248,790 | -€103,750 | -29.4% |
| Amounts receivable within one year | 40/41 | €14,119 | €39,661 | +€25,542 | +181% |
| Trade receivables | 40 | €0 | €39,661 | +€39,661 | |
| Other amounts receivable | 41 | €14,119 | €0 | -€14,119 | -100% |
| Cash at bank and in hand | 54/58 | €179,262 | €312,763 | +€133,501 | +74.5% |
| Deferred charges and accrued income | 490/1 | €9,748 | €9,506 | -€243 | -2.5% |
| Total equity and liabilities | 10/49 | €1,484,361 | €1,528,449 | +€44,088 | +3.0% |
| Equity | 10/15 | €684,275 | €761,377 | +€77,102 | +11.3% |
| Contributions | 10/11 | €221,630 | €221,630 | = | 0.0% |
| Reserves | 13 | €462,646 | €539,747 | +€77,102 | +16.7% |
| Distributable reserves | 133 | €462,646 | €539,747 | +€77,102 | +16.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €800,086 | €767,072 | -€33,014 | -4.1% |
| Amounts payable after more than one year | 17 | €612,396 | €562,910 | -€49,486 | -8.1% |
| Financial debts | 170/4 | €612,396 | €562,910 | -€49,486 | -8.1% |
| Amounts payable within one year | 42/48 | €187,691 | €204,163 | +€16,472 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €48,416 | €49,486 | +€1,070 | +2.2% |
| Trade debts | 44 | €86,719 | €33,229 | -€53,490 | -61.7% |
| Suppliers | 440/4 | €86,719 | €33,229 | -€53,490 | -61.7% |
| Taxes, remuneration and social security | 45 | €48,982 | €94,951 | +€45,969 | +93.8% |
| Taxes | 450/3 | €22,160 | €51,254 | +€29,094 | +131% |
| Remuneration and social security | 454/9 | €26,823 | €43,697 | +€16,874 | +62.9% |
| Other amounts payable | 47/48 | €3,573 | €26,497 | +€22,923 | +641% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €298,801 | €325,149 | +€26,347 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,227 | €39,322 | +€3,095 | +8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €10,934 | €9,484 | -€1,450 | -13.3% |
| Gross operating margin | 9900 | €506,083 | €529,394 | +€23,310 | +4.6% |
| Operating profit (loss) | 9901 | €160,121 | €155,439 | -€4,682 | -2.9% |
| Financial income | 75/76B | €61 | €795 | +€734 | +1,203% |
| Recurring financial income | 75 | €61 | €795 | +€734 | +1,203% |
| Financial charges | 65/66B | €15,357 | €14,543 | -€814 | -5.3% |
| Recurring financial charges | 65 | €15,357 | €14,543 | -€814 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €144,825 | €141,691 | -€3,134 | -2.2% |
| Income taxes | 67/77 | €40,881 | €40,269 | -€612 | -1.5% |
| Profit (loss) for the period | 9904 | €103,944 | €101,421 | -€2,523 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €103,944 | €101,421 | -€2,523 | -2.4% |
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 13 October 2026 via checked.be.