LENGA EMMANUEL: 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.
LENGA EMMANUEL
Largest movements
- Tangible fixed assets -€43,248
down €43,248 (-4.9%), from €882,914 to €839,666
of which Leasing and similar rights: -€31,202
- Other debts -€48,596
down €48,596 (-37.5%), from €129,756 to €81,160
- Reserves +€30,136
up €30,136 (+47.5%), from €63,450 to €93,586
- Debts after one year -€24,586
down €24,586 (-4.0%), from €612,029 to €587,443
- Trade debts -€13,942
down €13,942 (-27.8%), from €50,116 to €36,174
- Gross operating margin -€25,508
down €25,508 (-13.2%), from €192,908 to €167,399
- Financial charges -€8,970
down €8,970 (-13.4%), from €66,926 to €57,957
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 | €967,878 | €916,656 | -€51,222 | -5.3% |
| Fixed assets | 21/28 | €882,914 | €839,666 | -€43,248 | -4.9% |
| Tangible fixed assets | 22/27 | €882,914 | €839,666 | -€43,248 | -4.9% |
| Land and buildings | 22 | €195,500 | €186,742 | -€8,758 | -4.5% |
| Plant, machinery and equipment | 23 | €13,744 | €7,629 | -€6,115 | -44.5% |
| Furniture and vehicles | 24 | €5,462 | €8,290 | +€2,827 | +51.8% |
| Leasing and similar rights | 25 | €668,207 | €637,005 | -€31,202 | -4.7% |
| Current assets | 29/58 | €84,965 | €76,990 | -€7,974 | -9.4% |
| Amounts receivable within one year | 40/41 | €10,914 | €10,934 | +€20 | +0.2% |
| Other amounts receivable | 41 | €10,914 | €10,934 | +€20 | +0.2% |
| Cash at bank and in hand | 54/58 | €1,051 | €57 | -€994 | -94.6% |
| Deferred charges and accrued income | 490/1 | €73,000 | €66,000 | -€7,000 | -9.6% |
| Total equity and liabilities | 10/49 | €967,878 | €916,656 | -€51,222 | -5.3% |
| Equity | 10/15 | €103,942 | €134,079 | +€30,136 | +29.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €63,450 | €93,586 | +€30,136 | +47.5% |
| Distributable reserves | 133 | €63,450 | €93,586 | +€30,136 | +47.5% |
| Profit (loss) carried forward | 14 | €21,942 | €21,942 | = | 0.0% |
| Amounts payable | 17/49 | €863,936 | €782,578 | -€81,358 | -9.4% |
| Amounts payable after more than one year | 17 | €612,029 | €587,443 | -€24,586 | -4.0% |
| Financial debts | 170/4 | €612,029 | €587,443 | -€24,586 | -4.0% |
| Amounts payable within one year | 42/48 | €251,907 | €195,135 | -€56,773 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €64,215 | €73,267 | +€9,052 | +14.1% |
| Financial debts | 43 | €5,146 | €1,842 | -€3,305 | -64.2% |
| Credit institutions | 430/8 | €5,146 | €1,842 | -€3,305 | -64.2% |
| Trade debts | 44 | €50,116 | €36,174 | -€13,942 | -27.8% |
| Suppliers | 440/4 | €50,116 | €36,174 | -€13,942 | -27.8% |
| Taxes, remuneration and social security | 45 | €2,674 | €2,692 | +€18 | +0.7% |
| Remuneration and social security | 454/9 | €2,674 | €2,692 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €129,756 | €81,160 | -€48,596 | -37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,182 | €63,909 | -€1,273 | -2.0% |
| Other operating charges | 640/8 | €123 | - | -€123 | |
| Non-recurring operating charges | 66A | €13,198 | €1,331 | -€11,866 | -89.9% |
| Gross operating margin | 9900 | €192,908 | €167,399 | -€25,508 | -13.2% |
| Operating profit (loss) | 9901 | €114,405 | €102,159 | -€12,246 | -10.7% |
| Financial charges | 65/66B | €66,926 | €57,957 | -€8,970 | -13.4% |
| Recurring financial charges | 65 | €66,926 | €57,957 | -€8,970 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €47,479 | €44,203 | -€3,276 | -6.9% |
| Income taxes | 67/77 | €14,086 | €14,066 | -€20 | -0.1% |
| Profit (loss) for the period | 9904 | €33,392 | €30,136 | -€3,256 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,392 | €30,136 | -€3,256 | -9.8% |
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 25 October 2026 via checked.be.