Lenaerts & Co: 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 & Co
Largest movements
- Cash -€13,595
down €13,595 (-20.5%), from €66,404 to €52,810
mainly Net result for the year (-€24,928) and Deferred charges and accrued income (-€217)
- Tangible fixed assets -€11,550
down €11,550 (-20.0%), from €57,750 to €46,200
- Profit (loss) carried forward -€24,928
down €24,928 (-66.2%), from -€37,662 to -€62,590
- Gross operating margin -€10,765
down €10,765, from €591 to -€10,174
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,154 | €99,226 | -€24,928 | -20.1% |
| Fixed assets | 21/28 | €57,750 | €46,200 | -€11,550 | -20.0% |
| Tangible fixed assets | 22/27 | €57,750 | €46,200 | -€11,550 | -20.0% |
| Land and buildings | 22 | €57,750 | €46,200 | -€11,550 | -20.0% |
| Current assets | 29/58 | €66,404 | €53,026 | -€13,378 | -20.1% |
| Cash at bank and in hand | 54/58 | €66,404 | €52,810 | -€13,595 | -20.5% |
| Deferred charges and accrued income | 490/1 | - | €217 | +€217 | |
| Total equity and liabilities | 10/49 | €124,154 | €99,226 | -€24,928 | -20.1% |
| Equity | 10/15 | €113,315 | €88,387 | -€24,928 | -22.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €88,977 | €88,977 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,888 | €8,888 | = | 0.0% |
| Legal reserve | 130 | €8,888 | €8,888 | = | 0.0% |
| Distributable reserves | 133 | €80,089 | €80,089 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,662 | -€62,590 | -€24,928 | -66.2% |
| Amounts payable | 17/49 | €10,839 | €10,839 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,839 | €10,839 | = | 0.0% |
| Trade debts | 44 | €10,839 | €10,839 | = | 0.0% |
| Suppliers | 440/4 | €10,839 | €10,839 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,550 | €11,550 | = | 0.0% |
| Other operating charges | 640/8 | €3,275 | €3,288 | +€13 | +0.4% |
| Gross operating margin | 9900 | €591 | -€10,174 | -€10,765 | |
| Operating profit (loss) | 9901 | -€14,234 | -€25,012 | -€10,778 | -75.7% |
| Financial income | 75/76B | €103 | €129 | +€26 | +25.3% |
| Recurring financial income | 75 | €103 | €129 | +€26 | +25.3% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,176 | -€24,928 | -€10,752 | -75.8% |
| Profit (loss) for the period | 9904 | -€14,176 | -€24,928 | -€10,752 | -75.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,176 | -€24,928 | -€10,752 | -75.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.