Lencho: 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.
Lencho
Largest movements
- Receivables within one year +€40,410
up €40,410 (+618%), from €6,534 to €46,944
of which Other amounts receivable: +€39,340
- Current investments +€17,500
up €17,500 (+35.0%), from €50,000 to €67,500
- Cash -€9,919
down €9,919 (-14.4%), from €68,800 to €58,881
mainly Receivables within one year (-€40,410) and Current investments (-€17,500)
- Profit (loss) carried forward +€40,822
up €40,822 (+44.9%), from €90,977 to €131,799
- Tax, wage and social debts +€7,343
up €7,343 (+22.0%), from €33,336 to €40,679
- Gross operating margin -€64,918
down €64,918 (-55.4%), from €117,143 to €52,225
- Taxes -€13,544
down €13,544 (-54.8%), from €24,710 to €11,166
- Financial income +€1,419
up €1,419 (+1,419,490%), from €0 to €1,420
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 | €128,575 | €175,806 | +€47,230 | +36.7% |
| Fixed assets | 21/28 | €3,241 | €2,481 | -€760 | -23.5% |
| Tangible fixed assets | 22/27 | €3,241 | €2,481 | -€760 | -23.5% |
| Furniture and vehicles | 24 | €3,241 | €2,481 | -€760 | -23.5% |
| Current assets | 29/58 | €125,334 | €173,325 | +€47,991 | +38.3% |
| Amounts receivable within one year | 40/41 | €6,534 | €46,944 | +€40,410 | +618% |
| Trade receivables | 40 | €6,534 | €7,604 | +€1,070 | +16.4% |
| Other amounts receivable | 41 | - | €39,340 | +€39,340 | |
| Current investments | 50/53 | €50,000 | €67,500 | +€17,500 | +35.0% |
| Cash at bank and in hand | 54/58 | €68,800 | €58,881 | -€9,919 | -14.4% |
| Total equity and liabilities | 10/49 | €128,575 | €175,806 | +€47,230 | +36.7% |
| Equity | 10/15 | €92,977 | €133,799 | +€40,822 | +43.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,977 | €131,799 | +€40,822 | +44.9% |
| Amounts payable | 17/49 | €35,599 | €42,007 | +€6,408 | +18.0% |
| Amounts payable within one year | 42/48 | €35,205 | €41,547 | +€6,342 | +18.0% |
| Trade debts | 44 | €145 | €35 | -€110 | -75.8% |
| Suppliers | 440/4 | €145 | €35 | -€110 | -75.8% |
| Taxes, remuneration and social security | 45 | €33,336 | €40,679 | +€7,343 | +22.0% |
| Taxes | 450/3 | €33,336 | €40,679 | +€7,343 | +22.0% |
| Other amounts payable | 47/48 | €1,725 | €833 | -€892 | -51.7% |
| Accrued charges and deferred income | 492/3 | €393 | €460 | +€66 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €561 | €760 | +€199 | +35.6% |
| Gross operating margin | 9900 | €117,143 | €52,225 | -€64,918 | -55.4% |
| Operating profit (loss) | 9901 | €116,582 | €51,464 | -€65,118 | -55.9% |
| Financial income | 75/76B | €0 | €1,420 | +€1,419 | +1,419,490% |
| Recurring financial income | 75 | €0 | €1,420 | +€1,419 | +1,419,490% |
| Financial charges | 65/66B | €63 | €63 | +€0 | +0.5% |
| Recurring financial charges | 65 | €63 | €63 | +€0 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €116,519 | €52,821 | -€63,698 | -54.7% |
| Income taxes | 67/77 | €24,710 | €11,166 | -€13,544 | -54.8% |
| Profit (loss) for the period | 9904 | €91,810 | €41,655 | -€50,154 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €91,810 | €41,655 | -€50,154 | -54.6% |
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 27 October 2026 via checked.be.