LENAMAURY CONSULT: 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.
LENAMAURY CONSULT
Largest movements
- Tangible fixed assets +€301,621
up €301,621 (+59.1%), from €510,360 to €811,980
of which Land and buildings: +€277,243
- Current investments -€80,000
down €80,000 (-23.2%), from €345,000 to €265,000
- Receivables within one year +€11,748
up €11,748 (+56.4%), from €20,821 to €32,569
of which Other amounts receivable: +€32,559
- Debts after one year +€193,025
up €193,025 (+41.5%), from €465,234 to €658,259
- Other debts +€70,677
up €70,677 (+1,019%), from €6,938 to €77,616
- Tax, wage and social debts -€36,359
down €36,359 (-81.3%), from €44,700 to €8,341
- Gross operating margin -€167,345
down €167,345 (-55.2%), from €303,413 to €136,068
- Taxes -€44,455
down €44,455 (-71.8%), from €61,908 to €17,453
- Other operating charges +€42,328
up €42,328 (+343%), from €12,340 to €54,668
- Write-downs -€32,629
no longer reported in 2025 (was €32,629)
- Depreciation -€31,257
down €31,257 (-38.2%), from €81,809 to €50,552
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 | €897,387 | €1,131,114 | +€233,728 | +26.0% |
| Formation expenses | 20 | €0 | - | -€0 | |
| Fixed assets | 21/28 | €510,360 | €811,980 | +€301,621 | +59.1% |
| Tangible fixed assets | 22/27 | €510,360 | €811,980 | +€301,621 | +59.1% |
| Land and buildings | 22 | €441,919 | €719,161 | +€277,243 | +62.7% |
| Furniture and vehicles | 24 | €68,441 | €92,819 | +€24,378 | +35.6% |
| Current assets | 29/58 | €387,027 | €319,134 | -€67,893 | -17.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €20,821 | €32,569 | +€11,748 | +56.4% |
| Trade receivables | 40 | €20,811 | €0 | -€20,811 | -100% |
| Other amounts receivable | 41 | €10 | €32,569 | +€32,559 | +334,973% |
| Current investments | 50/53 | €345,000 | €265,000 | -€80,000 | -23.2% |
| Cash at bank and in hand | 54/58 | €18,036 | €17,784 | -€252 | -1.4% |
| Deferred charges and accrued income | 490/1 | €3,170 | €3,781 | +€611 | +19.3% |
| Total equity and liabilities | 10/49 | €897,387 | €1,131,114 | +€233,728 | +26.0% |
| Equity | 10/15 | €322,179 | €325,188 | +€3,009 | +0.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €213,329 | €216,329 | +€3,000 | +1.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,474 | €1,474 | = | 0.0% |
| Distributable reserves | 133 | €210,000 | €213,000 | +€3,000 | +1.4% |
| Profit (loss) carried forward | 14 | €90,300 | €90,309 | +€9 | 0.0% |
| Amounts payable | 17/49 | €575,207 | €805,926 | +€230,719 | +40.1% |
| Amounts payable after more than one year | 17 | €465,234 | €658,259 | +€193,025 | +41.5% |
| Financial debts | 170/4 | €465,234 | €658,259 | +€193,025 | +41.5% |
| Amounts payable within one year | 42/48 | €109,973 | €147,667 | +€37,694 | +34.3% |
| Current portion of amounts payable after more than one year | 42 | €46,821 | €46,975 | +€155 | +0.3% |
| Financial debts | 43 | €1,593 | €11,813 | +€10,220 | +642% |
| Credit institutions | 430/8 | €1,593 | €11,813 | +€10,220 | +642% |
| Trade debts | 44 | €9,922 | €2,924 | -€6,999 | -70.5% |
| Suppliers | 440/4 | €9,922 | €2,924 | -€6,999 | -70.5% |
| Taxes, remuneration and social security | 45 | €44,700 | €8,341 | -€36,359 | -81.3% |
| Taxes | 450/3 | €44,700 | €8,341 | -€36,359 | -81.3% |
| Other amounts payable | 47/48 | €6,938 | €77,616 | +€70,677 | +1,019% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,809 | €50,552 | -€31,257 | -38.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,629 | - | -€32,629 | |
| Other operating charges | 640/8 | €12,340 | €54,668 | +€42,328 | +343% |
| Gross operating margin | 9900 | €303,413 | €136,068 | -€167,345 | -55.2% |
| Operating profit (loss) | 9901 | €176,635 | €30,848 | -€145,787 | -82.5% |
| Financial income | 75/76B | €16,850 | €3,361 | -€13,489 | -80.1% |
| Recurring financial income | 75 | €843 | €3,361 | +€2,518 | +299% |
| Non-recurring financial income | 76B | €16,006 | - | -€16,006 | |
| Financial charges | 65/66B | €11,462 | €13,747 | +€2,285 | +19.9% |
| Recurring financial charges | 65 | €11,462 | €13,747 | +€2,285 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €182,023 | €20,462 | -€161,561 | -88.8% |
| Income taxes | 67/77 | €61,908 | €17,453 | -€44,455 | -71.8% |
| Profit (loss) for the period | 9904 | €120,115 | €3,009 | -€117,106 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €120,115 | €3,009 | -€117,106 | -97.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.