LENGELEC: 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.
LENGELEC
Largest movements
- Receivables within one year -€13,663
down €13,663 (-13.5%), from €101,530 to €87,867
of which Trade receivables: -€13,668
- Tangible fixed assets -€10,526
down €10,526 (-43.1%), from €24,418 to €13,892
- Cash -€2,542
down €2,542 (-38.6%), from €6,577 to €4,035
mainly Other debts (-€34,786) and Net result for the year (-€8,485)
- Deferred charges and accrued income -€2,257
down €2,257 (-79.7%), from €2,831 to €574
- Other debts -€34,786
down €34,786 (-72.1%), from €48,259 to €13,473
- Trade debts +€15,106
up €15,106 (+118.8%), from €12,720 to €27,826
- Profit (loss) carried forward -€8,485
down €8,485 (-68.6%), from €12,369 to €3,884
- Current portion of long-term debt -€3,489
down €3,489 (-91.6%), from €3,807 to €319
- Tax, wage and social debts +€2,734
up €2,734 (+166.2%), from €1,645 to €4,379
- Gross operating margin -€27,727
down €27,727 (-91.5%), from €30,315 to €2,587
- Write-downs -€14,000
no longer reported in 2025 (was €14,000)
- Financial charges -€3,305
down €3,305 (-96.7%), from €3,417 to €112
- Depreciation +€2,525
up €2,525 (+31.6%), from €8,001 to €10,526
- Taxes -€1,661
down €1,661, from €1,645 to -€16
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 | €135,708 | €106,470 | -€29,238 | -21.5% |
| Fixed assets | 21/28 | €24,770 | €13,994 | -€10,776 | -43.5% |
| Tangible fixed assets | 22/27 | €24,418 | €13,892 | -€10,526 | -43.1% |
| Furniture and vehicles | 24 | €24,418 | €13,892 | -€10,526 | -43.1% |
| Financial fixed assets | 28 | €353 | €103 | -€250 | -70.9% |
| Current assets | 29/58 | €110,938 | €92,476 | -€18,462 | -16.6% |
| Amounts receivable within one year | 40/41 | €101,530 | €87,867 | -€13,663 | -13.5% |
| Trade receivables | 40 | €99,224 | €85,557 | -€13,668 | -13.8% |
| Other amounts receivable | 41 | €2,306 | €2,310 | +€4 | +0.2% |
| Cash at bank and in hand | 54/58 | €6,577 | €4,035 | -€2,542 | -38.6% |
| Deferred charges and accrued income | 490/1 | €2,831 | €574 | -€2,257 | -79.7% |
| Total equity and liabilities | 10/49 | €135,708 | €106,470 | -€29,238 | -21.5% |
| Equity | 10/15 | €68,958 | €60,473 | -€8,485 | -12.3% |
| Contributions | 10/11 | €18,595 | €18,595 | = | 0.0% |
| Reserves | 13 | €37,995 | €37,995 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,925 | €8,925 | = | 0.0% |
| Distributable reserves | 133 | €29,070 | €29,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,369 | €3,884 | -€8,485 | -68.6% |
| Amounts payable | 17/49 | €66,750 | €45,997 | -€20,753 | -31.1% |
| Amounts payable after more than one year | 17 | €319 | - | -€319 | |
| Financial debts | 170/4 | €319 | - | -€319 | |
| Amounts payable within one year | 42/48 | €66,431 | €45,997 | -€20,434 | -30.8% |
| Current portion of amounts payable after more than one year | 42 | €3,807 | €319 | -€3,489 | -91.6% |
| Trade debts | 44 | €12,720 | €27,826 | +€15,106 | +118.8% |
| Suppliers | 440/4 | €12,720 | €27,826 | +€15,106 | +118.8% |
| Taxes, remuneration and social security | 45 | €1,645 | €4,379 | +€2,734 | +166.2% |
| Taxes | 450/3 | €1,645 | €4,379 | +€2,734 | +166.2% |
| Other amounts payable | 47/48 | €48,259 | €13,473 | -€34,786 | -72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,001 | €10,526 | +€2,525 | +31.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,000 | - | -€14,000 | |
| Other operating charges | 640/8 | €494 | €548 | +€54 | +11.0% |
| Gross operating margin | 9900 | €30,315 | €2,587 | -€27,727 | -91.5% |
| Operating profit (loss) | 9901 | €7,820 | -€8,487 | -€16,307 | |
| Financial income | 75/76B | €55 | €97 | +€43 | +77.4% |
| Recurring financial income | 75 | €55 | €97 | +€43 | +77.4% |
| Financial charges | 65/66B | €3,417 | €112 | -€3,305 | -96.7% |
| Recurring financial charges | 65 | €3,417 | €112 | -€3,305 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | €4,458 | -€8,501 | -€12,959 | |
| Income taxes | 67/77 | €1,645 | -€16 | -€1,661 | |
| Profit (loss) for the period | 9904 | €2,813 | -€8,485 | -€11,298 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,813 | -€8,485 | -€11,298 |
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 1 October 2026 via checked.be.