LELACO: 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.
LELACO
Largest movements
- Cash -€6,669
down €6,669 (-24.7%), from €26,993 to €20,324
mainly Deferred charges and accrued income (-€3,269) and Other debts (-€2,088)
- Deferred charges and accrued income +€3,269
up €3,269 (+108.0%), from €3,028 to €6,297
- Receivables within one year +€861
up €861 (+87.4%), from €984 to €1,845
of which Trade receivables: +€900
- Reserves +€13,004
up €13,004 (+699.1%), from €1,860 to €14,864
- Profit (loss) carried forward -€11,354
no longer reported in 2025 (was €11,354)
- Other debts -€2,088
down €2,088 (-96.3%), from €2,168 to €79
- Trade debts -€1,405
down €1,405 (-42.1%), from €3,336 to €1,931
- Tax, wage and social debts -€686
down €686 (-23.7%), from €2,894 to €2,208
- Gross operating margin -€5,632
down €5,632 (-61.0%), from €9,239 to €3,608
- Financial charges -€185
down €185 (-74.7%), from €248 to €63
- Depreciation -€182
down €182 (-11.5%), from €1,576 to €1,394
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.
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 | €40,212 | €37,682 | -€2,530 | -6.3% |
| Fixed assets | 21/28 | €9,206 | €9,215 | +€9 | +0.1% |
| Tangible fixed assets | 22/27 | €2,846 | €2,855 | +€9 | +0.3% |
| Furniture and vehicles | 24 | €2,846 | €2,855 | +€9 | +0.3% |
| Financial fixed assets | 28 | €6,360 | €6,360 | = | 0.0% |
| Current assets | 29/58 | €31,006 | €28,467 | -€2,539 | -8.2% |
| Amounts receivable within one year | 40/41 | €984 | €1,845 | +€861 | +87.4% |
| Trade receivables | 40 | €852 | €1,751 | +€900 | +105.7% |
| Other amounts receivable | 41 | €133 | €94 | -€39 | -29.3% |
| Cash at bank and in hand | 54/58 | €26,993 | €20,324 | -€6,669 | -24.7% |
| Deferred charges and accrued income | 490/1 | €3,028 | €6,297 | +€3,269 | +108.0% |
| Total equity and liabilities | 10/49 | €40,212 | €37,682 | -€2,530 | -6.3% |
| Equity | 10/15 | €31,814 | €33,464 | +€1,650 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €14,864 | +€13,004 | +699.1% |
| Distributable reserves | 133 | €1,860 | €14,864 | +€13,004 | +699.1% |
| Profit (loss) carried forward | 14 | €11,354 | - | -€11,354 | |
| Amounts payable | 17/49 | €8,398 | €4,218 | -€4,180 | -49.8% |
| Amounts payable within one year | 42/48 | €8,398 | €4,218 | -€4,180 | -49.8% |
| Trade debts | 44 | €3,336 | €1,931 | -€1,405 | -42.1% |
| Suppliers | 440/4 | €3,336 | €1,931 | -€1,405 | -42.1% |
| Taxes, remuneration and social security | 45 | €2,894 | €2,208 | -€686 | -23.7% |
| Taxes | 450/3 | €2,894 | €2,208 | -€686 | -23.7% |
| Other amounts payable | 47/48 | €2,168 | €79 | -€2,088 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,576 | €1,394 | -€182 | -11.5% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €9,239 | €3,608 | -€5,632 | -61.0% |
| Operating profit (loss) | 9901 | €7,150 | €1,686 | -€5,464 | -76.4% |
| Financial income | 75/76B | €2 | €27 | +€25 | +1256.6% |
| Recurring financial income | 75 | €2 | €27 | +€25 | +1256.6% |
| Financial charges | 65/66B | €248 | €63 | -€185 | -74.7% |
| Recurring financial charges | 65 | €248 | €63 | -€185 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | €6,904 | €1,650 | -€5,254 | -76.1% |
| Profit (loss) for the period | 9904 | €6,904 | €1,650 | -€5,254 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,904 | €1,650 | -€5,254 | -76.1% |
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.