LENDHER: 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.
LENDHER
Largest movements
- Tangible fixed assets -€30,582
down €30,582 (-22.5%), from €135,806 to €105,224
- Receivables within one year +€11,047
new in 2025: €11,047
- Cash -€2,430
down €2,430 (-14.3%), from €16,982 to €14,552
mainly Other debts (-€33,087) and Debts after one year (-€26,611)
- Deferred charges and accrued income -€1,892
down €1,892 (-33.8%), from €5,595 to €3,703
- Other debts -€33,087
down €33,087 (-85.3%), from €38,809 to €5,722
- Debts after one year -€26,611
down €26,611 (-27.2%), from €97,886 to €71,275
- Profit (loss) carried forward +€21,983
up €21,983 (+95.5%), from -€23,012 to -€1,029
- Tax, wage and social debts +€12,868
up €12,868 (+85.5%), from €15,056 to €27,924
- Depreciation +€13,563
up €13,563 (+79.7%), from €17,019 to €30,582
- Taxes -€5,679
down €5,679 (-39.8%), from €14,279 to €8,600
- Financial charges +€1,799
up €1,799 (+60.7%), from €2,965 to €4,764
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.
Cash bridge derived
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 | €160,883 | €137,026 | -€23,857 | -14.8% |
| Fixed assets | 21/28 | €138,306 | €107,724 | -€30,582 | -22.1% |
| Tangible fixed assets | 22/27 | €135,806 | €105,224 | -€30,582 | -22.5% |
| Furniture and vehicles | 24 | €135,806 | €105,224 | -€30,582 | -22.5% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €22,577 | €29,302 | +€6,725 | +29.8% |
| Amounts receivable within one year | 40/41 | - | €11,047 | +€11,047 | |
| Trade receivables | 40 | - | €11,047 | +€11,047 | |
| Cash at bank and in hand | 54/58 | €16,982 | €14,552 | -€2,430 | -14.3% |
| Deferred charges and accrued income | 490/1 | €5,595 | €3,703 | -€1,892 | -33.8% |
| Total equity and liabilities | 10/49 | €160,883 | €137,026 | -€23,857 | -14.8% |
| Equity | 10/15 | -€16,812 | €5,171 | +€21,983 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,012 | -€1,029 | +€21,983 | +95.5% |
| Amounts payable | 17/49 | €177,695 | €131,855 | -€45,840 | -25.8% |
| Amounts payable after more than one year | 17 | €97,886 | €71,275 | -€26,611 | -27.2% |
| Financial debts | 170/4 | €97,886 | €71,275 | -€26,611 | -27.2% |
| Amounts payable within one year | 42/48 | €79,809 | €60,580 | -€19,229 | -24.1% |
| Financial debts | 43 | €25,590 | €26,612 | +€1,022 | +4.0% |
| Credit institutions | 430/8 | €25,590 | €26,612 | +€1,022 | +4.0% |
| Trade debts | 44 | €354 | €322 | -€32 | -9.0% |
| Suppliers | 440/4 | €354 | €322 | -€32 | -9.0% |
| Taxes, remuneration and social security | 45 | €15,056 | €27,924 | +€12,868 | +85.5% |
| Taxes | 450/3 | €15,056 | €27,924 | +€12,868 | +85.5% |
| Other amounts payable | 47/48 | €38,809 | €5,722 | -€33,087 | -85.3% |
| Non-recurring operating income | 76A | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,019 | €30,582 | +€13,563 | +79.7% |
| Other operating charges | 640/8 | €6,335 | €6,090 | -€245 | -3.9% |
| Gross operating margin | 9900 | €71,302 | €72,019 | +€717 | +1.0% |
| Operating profit (loss) | 9901 | €47,948 | €35,347 | -€12,601 | -26.3% |
| Financial charges | 65/66B | €2,965 | €4,764 | +€1,799 | +60.7% |
| Recurring financial charges | 65 | €2,965 | €4,764 | +€1,799 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €44,983 | €30,583 | -€14,400 | -32.0% |
| Income taxes | 67/77 | €14,279 | €8,600 | -€5,679 | -39.8% |
| Profit (loss) for the period | 9904 | €30,704 | €21,983 | -€8,721 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,704 | €21,983 | -€8,721 | -28.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.