LENI & CO: 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.
LENI & CO
Largest movements
- Tangible fixed assets -€19,324
down €19,324 (-3.7%), from €520,028 to €500,703
- Debts after one year -€22,662
down €22,662 (-9.0%), from €250,574 to €227,911
of which Financial debts: -€22,662
- Reserves +€12,138
up €12,138 (+5.9%), from €206,644 to €218,782
of which Distributable reserves: +€12,138
- Current portion of long-term debt -€7,387
down €7,387 (-24.6%), from €30,049 to €22,662
- Tax, wage and social debts +€7,150
up €7,150 (+209.0%), from €3,422 to €10,572
- Gross operating margin -€3,540
down €3,540 (-6.8%), from €52,222 to €48,682
- Financial charges -€1,248
down €1,248 (-12.6%), from €9,881 to €8,632
- Taxes +€729
up €729 (+11.3%), from €6,422 to €7,151
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 | €530,338 | €510,480 | -€19,858 | -3.7% |
| Fixed assets | 21/28 | €520,028 | €500,703 | -€19,324 | -3.7% |
| Tangible fixed assets | 22/27 | €520,028 | €500,703 | -€19,324 | -3.7% |
| Land and buildings | 22 | €520,028 | €500,703 | -€19,324 | -3.7% |
| Current assets | 29/58 | €10,311 | €9,777 | -€534 | -5.2% |
| Amounts receivable within one year | 40/41 | €2,492 | €2,230 | -€262 | -10.5% |
| Trade receivables | 40 | €2,492 | €2,230 | -€262 | -10.5% |
| Cash at bank and in hand | 54/58 | €2,977 | €2,263 | -€714 | -24.0% |
| Deferred charges and accrued income | 490/1 | €4,842 | €5,284 | +€442 | +9.1% |
| Total equity and liabilities | 10/49 | €530,338 | €510,480 | -€19,858 | -3.7% |
| Equity | 10/15 | €225,244 | €237,382 | +€12,138 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €206,644 | €218,782 | +€12,138 | +5.9% |
| 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 | €204,784 | €216,922 | +€12,138 | +5.9% |
| Amounts payable | 17/49 | €305,094 | €273,098 | -€31,996 | -10.5% |
| Amounts payable after more than one year | 17 | €250,574 | €227,911 | -€22,662 | -9.0% |
| Financial debts | 170/4 | €238,574 | €215,911 | -€22,662 | -9.5% |
| Other amounts payable | 178/9 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €43,520 | €38,187 | -€5,334 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €30,049 | €22,662 | -€7,387 | -24.6% |
| Taxes, remuneration and social security | 45 | €3,422 | €10,572 | +€7,150 | +209.0% |
| Taxes | 450/3 | €3,422 | €10,572 | +€7,150 | +209.0% |
| Other amounts payable | 47/48 | €10,049 | €4,953 | -€5,097 | -50.7% |
| Accrued charges and deferred income | 492/3 | €11,000 | €7,000 | -€4,000 | -36.4% |
| Non-recurring operating income | 76A | €406 | - | -€406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,324 | €19,324 | = | 0.0% |
| Other operating charges | 640/8 | €1,391 | €1,439 | +€48 | +3.4% |
| Gross operating margin | 9900 | €52,222 | €48,682 | -€3,540 | -6.8% |
| Operating profit (loss) | 9901 | €31,507 | €27,919 | -€3,588 | -11.4% |
| Financial income | 75/76B | €0 | €2 | +€2 | +585.3% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +585.3% |
| Financial charges | 65/66B | €9,881 | €8,632 | -€1,248 | -12.6% |
| Recurring financial charges | 65 | €9,881 | €8,632 | -€1,248 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €21,626 | €19,289 | -€2,338 | -10.8% |
| Income taxes | 67/77 | €6,422 | €7,151 | +€729 | +11.3% |
| Profit (loss) for the period | 9904 | €15,204 | €12,138 | -€3,067 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,204 | €12,138 | -€3,067 | -20.2% |
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 5 October 2026 via checked.be.