LENAERTS & C°: 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.
LENAERTS & C°
Largest movements
- Cash -€1,657
down €1,657 (-49.6%), from €3,343 to €1,686
mainly Net result for the year (-€7,066) and Trade debts (-€5,922)
- Receivables within one year -€1,132
down €1,132 (-16.6%), from €6,834 to €5,702
of which Other amounts receivable: -€2,248
- Stocks and contracts -€950
down €950 (-44.2%), from €2,150 to €1,200
- Deferred charges and accrued income -€814
no longer reported in 2025 (was €814)
- Other debts +€7,556
new in 2025: €7,556
- Profit (loss) carried forward -€7,066
down €7,066 (-78.8%), from -€8,969 to -€16,035
- Trade debts -€5,922
down €5,922 (-39.4%), from €15,044 to €9,122
- Tax, wage and social debts +€879
up €879 (+87.9%), from €1,000 to €1,879
of which Taxes: +€1,879
- Gross operating margin +€9,230
up €9,230 (+71.5%), from -€12,914 to -€3,684
- Financial charges +€1,755
up €1,755 (+137%), from €1,278 to €3,033
- Taxes -€931
no longer reported in 2025 (was €931)
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 | €13,396 | €8,843 | -€4,553 | -34.0% |
| Fixed assets | 21/28 | €255 | €255 | = | 0.0% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €13,141 | €8,588 | -€4,553 | -34.6% |
| Stocks and contracts in progress | 3 | €2,150 | €1,200 | -€950 | -44.2% |
| Stocks | 30/36 | €2,150 | €1,200 | -€950 | -44.2% |
| Amounts receivable within one year | 40/41 | €6,834 | €5,702 | -€1,132 | -16.6% |
| Trade receivables | 40 | €4,561 | €5,677 | +€1,116 | +24.5% |
| Other amounts receivable | 41 | €2,273 | €25 | -€2,248 | -98.9% |
| Cash at bank and in hand | 54/58 | €3,343 | €1,686 | -€1,657 | -49.6% |
| Deferred charges and accrued income | 490/1 | €814 | - | -€814 | |
| Total equity and liabilities | 10/49 | €13,396 | €8,843 | -€4,553 | -34.0% |
| Equity | 10/15 | -€2,648 | -€9,714 | -€7,066 | -267% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €124 | €124 | = | 0.0% |
| Distributable reserves | 133 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,969 | -€16,035 | -€7,066 | -78.8% |
| Amounts payable | 17/49 | €16,044 | €18,557 | +€2,513 | +15.7% |
| Amounts payable within one year | 42/48 | €16,044 | €18,557 | +€2,513 | +15.7% |
| Trade debts | 44 | €15,044 | €9,122 | -€5,922 | -39.4% |
| Suppliers | 440/4 | €15,044 | €9,122 | -€5,922 | -39.4% |
| Taxes, remuneration and social security | 45 | €1,000 | €1,879 | +€879 | +87.9% |
| Taxes | 450/3 | - | €1,879 | +€1,879 | |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | - | €7,556 | +€7,556 | |
| Other operating charges | 640/8 | €376 | €364 | -€12 | -3.2% |
| Gross operating margin | 9900 | -€12,914 | -€3,684 | +€9,230 | +71.5% |
| Operating profit (loss) | 9901 | -€13,290 | -€4,048 | +€9,242 | +69.5% |
| Financial income | 75/76B | €3 | €15 | +€12 | +400% |
| Recurring financial income | 75 | €3 | €15 | +€12 | +400% |
| Financial charges | 65/66B | €1,278 | €3,033 | +€1,755 | +137% |
| Recurring financial charges | 65 | €1,278 | €3,033 | +€1,755 | +137% |
| Profit (loss) for the period before taxes | 9903 | -€14,565 | -€7,066 | +€7,499 | +51.5% |
| Income taxes | 67/77 | €931 | - | -€931 | |
| Profit (loss) for the period | 9904 | -€15,496 | -€7,066 | +€8,430 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,496 | -€7,066 | +€8,430 | +54.4% |
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 31 October 2026 via checked.be.