LEngCo: 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.
LEngCo
Largest movements
- Tangible fixed assets +€31,717
up €31,717 (+53.1%), from €59,782 to €91,500
of which Furniture and vehicles: +€35,716
- Cash -€23,957
down €23,957 (-56.5%), from €42,365 to €18,408
mainly Investment in fixed assets (net) (-€41,321) and Contributions, distributions and other (-€39,700)
- Receivables within one year +€7,031
up €7,031 (+19.8%), from €35,510 to €42,541
of which Trade receivables: +€4,395
- Trade debts +€11,039
up €11,039 (+537.5%), from €2,054 to €13,092
- Tax, wage and social debts +€6,836
up €6,836 (+30.6%), from €22,371 to €29,207
- Reserves -€3,024
down €3,024 (-3.3%), from €92,782 to €89,758
- Purchases and services +€44,250
up €44,250 (+22.1%), from €199,961 to €244,211
- Turnover +€41,650
up €41,650 (+15.1%), from €275,772 to €317,422
- Financial charges +€28,704
up €28,704 (+27946.7%), from €103 to €28,807
of which Non-recurring financial charges: +€28,611
- Gross operating margin +€28,628
up €28,628 (+37.8%), from €75,811 to €104,438
- Write-downs +€25,000
new in 2025: €25,000
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 | €137,657 | €152,449 | +€14,792 | +10.7% |
| Fixed assets | 21/28 | €59,782 | €91,500 | +€31,717 | +53.1% |
| Tangible fixed assets | 22/27 | €59,782 | €91,500 | +€31,717 | +53.1% |
| Land and buildings | 22 | €33,257 | €31,296 | -€1,961 | -5.9% |
| Plant, machinery and equipment | 23 | €10,012 | €7,975 | -€2,037 | -20.3% |
| Furniture and vehicles | 24 | €16,513 | €52,228 | +€35,716 | +216.3% |
| Current assets | 29/58 | €77,875 | €60,949 | -€16,926 | -21.7% |
| Amounts receivable within one year | 40/41 | €35,510 | €42,541 | +€7,031 | +19.8% |
| Trade receivables | 40 | €24,556 | €28,951 | +€4,395 | +17.9% |
| Other amounts receivable | 41 | €10,954 | €13,590 | +€2,636 | +24.1% |
| Cash at bank and in hand | 54/58 | €42,365 | €18,408 | -€23,957 | -56.5% |
| Total equity and liabilities | 10/49 | €137,657 | €152,449 | +€14,792 | +10.7% |
| Equity | 10/15 | €112,782 | €109,758 | -€3,024 | -2.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €92,782 | €89,758 | -€3,024 | -3.3% |
| Non-distributable reserves | 130/1 | €92,782 | €89,758 | -€3,024 | -3.3% |
| Other | 1319 | €92,782 | €89,758 | -€3,024 | -3.3% |
| Amounts payable | 17/49 | €24,875 | €42,691 | +€17,816 | +71.6% |
| Amounts payable within one year | 42/48 | €24,875 | €42,691 | +€17,816 | +71.6% |
| Trade debts | 44 | €2,054 | €13,092 | +€11,039 | +537.5% |
| Suppliers | 440/4 | €2,054 | €13,092 | +€11,039 | +537.5% |
| Taxes, remuneration and social security | 45 | €22,371 | €29,207 | +€6,836 | +30.6% |
| Taxes | 450/3 | €22,371 | €29,207 | +€6,836 | +30.6% |
| Other amounts payable | 47/48 | €451 | €391 | -€59 | -13.2% |
| Turnover | 70 | €275,772 | €317,422 | +€41,650 | +15.1% |
| Non-recurring operating income | 76A | - | €31,228 | +€31,228 | |
| Goods, raw materials, services and sundry goods | 60/61 | €199,961 | €244,211 | +€44,250 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,713 | €9,604 | +€3,890 | +68.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €25,000 | +€25,000 | |
| Other operating charges | 640/8 | €873 | €582 | -€291 | -33.4% |
| Gross operating margin | 9900 | €75,811 | €104,438 | +€28,628 | +37.8% |
| Operating profit (loss) | 9901 | €69,225 | €69,253 | +€29 | 0.0% |
| Financial income | 75/76B | €3 | €376 | +€373 | +10993.2% |
| Recurring financial income | 75 | €3 | €376 | +€373 | +10993.2% |
| Financial charges | 65/66B | €103 | €28,807 | +€28,704 | +27946.7% |
| Recurring financial charges | 65 | €103 | €196 | +€93 | +90.4% |
| Non-recurring financial charges | 66B | - | €28,611 | +€28,611 | |
| Profit (loss) for the period before taxes | 9903 | €69,125 | €40,822 | -€28,303 | -40.9% |
| Income taxes | 67/77 | €17,500 | €4,147 | -€13,353 | -76.3% |
| Profit (loss) for the period | 9904 | €51,625 | €36,676 | -€14,949 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,625 | €36,676 | -€14,949 | -29.0% |
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 12 October 2026 via checked.be.