LENCOM: 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.
LENCOM
Largest movements
- Receivables within one year -€20,310
down €20,310 (-80.2%), from €25,319 to €5,009
- Cash +€17,426
up €17,426 (+171.5%), from €10,161 to €27,587
mainly Receivables within one year (+€20,310) and Tax, wage and social debts (+€6,222)
- Stocks and contracts +€6,651
up €6,651 (+105.6%), from €6,296 to €12,947
- Tangible fixed assets -€2,555
down €2,555 (-15.3%), from €16,662 to €14,107
of which Furniture and vehicles: -€1,735
- Tax, wage and social debts +€6,222
up €6,222 (+100.5%), from €6,190 to €12,412
of which Taxes: +€4,666
- Trade debts -€3,705
down €3,705 (-22.7%), from €16,353 to €12,648
- Profit (loss) carried forward -€1,553
down €1,553 (-144.9%), from -€1,072 to -€2,624
- Financial charges +€1,610
up €1,610 (+736.9%), from €219 to €1,829
- Gross operating margin +€1,526
up €1,526 (+53.3%), from €2,862 to €4,388
- Depreciation +€562
up €562 (+16.4%), from €3,428 to €3,990
- Taxes -€150
down €150 (-54.7%), from €275 to €125
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,439 | €59,651 | +€1,212 | +2.1% |
| Fixed assets | 21/28 | €16,662 | €14,107 | -€2,555 | -15.3% |
| Tangible fixed assets | 22/27 | €16,662 | €14,107 | -€2,555 | -15.3% |
| Land and buildings | 22 | €12,792 | €12,721 | -€71 | -0.6% |
| Plant, machinery and equipment | 23 | €1,248 | €498 | -€749 | -60.1% |
| Furniture and vehicles | 24 | €2,623 | €888 | -€1,735 | -66.2% |
| Current assets | 29/58 | €41,776 | €45,544 | +€3,767 | +9.0% |
| Stocks and contracts in progress | 3 | €6,296 | €12,947 | +€6,651 | +105.6% |
| Stocks | 30/36 | €6,296 | €12,947 | +€6,651 | +105.6% |
| Amounts receivable within one year | 40/41 | €25,319 | €5,009 | -€20,310 | -80.2% |
| Trade receivables | 40 | €25,319 | €5,009 | -€20,310 | -80.2% |
| Cash at bank and in hand | 54/58 | €10,161 | €27,587 | +€17,426 | +171.5% |
| Total equity and liabilities | 10/49 | €58,439 | €59,651 | +€1,212 | +2.1% |
| Equity | 10/15 | €33,370 | €31,817 | -€1,553 | -4.7% |
| Contributions | 10/11 | €12,900 | €12,900 | = | 0.0% |
| Reserves | 13 | €21,541 | €21,541 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,681 | €19,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,072 | -€2,624 | -€1,553 | -144.9% |
| Amounts payable | 17/49 | €25,069 | €27,834 | +€2,765 | +11.0% |
| Amounts payable within one year | 42/48 | €25,069 | €27,834 | +€2,765 | +11.0% |
| Trade debts | 44 | €16,353 | €12,648 | -€3,705 | -22.7% |
| Suppliers | 440/4 | €16,353 | €12,648 | -€3,705 | -22.7% |
| Advances received on contracts in progress | 46 | - | €33 | +€33 | |
| Taxes, remuneration and social security | 45 | €6,190 | €12,412 | +€6,222 | +100.5% |
| Taxes | 450/3 | €6,151 | €10,817 | +€4,666 | +75.9% |
| Remuneration and social security | 454/9 | €40 | €1,595 | +€1,556 | +3923.1% |
| Other amounts payable | 47/48 | €2,525 | €2,741 | +€215 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,428 | €3,990 | +€562 | +16.4% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €2,862 | €4,388 | +€1,526 | +53.3% |
| Operating profit (loss) | 9901 | -€628 | €336 | +€964 | |
| Financial income | 75/76B | €50 | €65 | +€15 | +29.9% |
| Recurring financial income | 75 | €50 | €65 | +€15 | +29.9% |
| Financial charges | 65/66B | €219 | €1,829 | +€1,610 | +736.9% |
| Recurring financial charges | 65 | €219 | €1,829 | +€1,610 | +736.9% |
| Profit (loss) for the period before taxes | 9903 | -€796 | -€1,428 | -€632 | -79.3% |
| Income taxes | 67/77 | €275 | €125 | -€150 | -54.7% |
| Profit (loss) for the period | 9904 | -€1,072 | -€1,553 | -€481 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,072 | -€1,553 | -€481 | -44.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.