LENICO: 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.
What changed
LENICO
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€16,717
2024 · €17,194-€477
Equity
€615,143
2024 · €598,426+€16,717
Cash
€855
2024 · €2,498-€1,643
Balance sheet total
€804,385
2024 · €785,759+€18,626
Largest movements
Assets
- Receivables after one year +€35,000
up €35,000 (+10.6%), from €330,000 to €365,000
- Tangible fixed assets -€17,395
down €17,395 (-4.2%), from €415,067 to €397,672
of which Land and buildings: -€16,204
Equity and liabilities
- Profit (loss) carried forward +€19,473
up €19,473 (+3.8%), from €513,669 to €533,143
Income statement
- Gross operating margin -€1,528
down €1,528 (-3.8%), from €40,640 to €39,112
- Financial income +€845
up €845 (+9.0%), from €9,363 to €10,208
- Taxes -€467
down €467 (-5.5%), from €8,474 to €8,008
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.
Result 2024
€17,194
Gross operating margin
-€1,528
Other operating charges
-€209
Financial income
+€845
Financial charges
-€52
Taxes
+€467
Result 2025
€16,717
raises the resultlowers the result
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.
From operations
-€1,643
Investment
€0
Financing
€0
Cash 2024
€2,498
From operations (derived)
-€1,643
Net result for the year
+€16,717
Depreciation
+€17,395
Receivables after one year
-€35,000
Receivables within one year
-€2,464
Deferred charges and accrued income
-€200
Provisions
-€1,419
Trade debts
+€1,974
Tax, wage and social debts
+€1,354
Cash 2025
€855
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €785,759 | €804,385 | +€18,626 | +2.4% |
| Fixed assets | 21/28 | €415,067 | €397,672 | -€17,395 | -4.2% |
| Tangible fixed assets | 22/27 | €415,067 | €397,672 | -€17,395 | -4.2% |
| Land and buildings | 22 | €410,554 | €394,350 | -€16,204 | -3.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Other tangible fixed assets | 26 | €4,513 | €3,322 | -€1,191 | -26.4% |
| Current assets | 29/58 | €370,692 | €406,713 | +€36,021 | +9.7% |
| Amounts receivable after more than one year | 29 | €330,000 | €365,000 | +€35,000 | +10.6% |
| Other amounts receivable | 291 | €330,000 | €365,000 | +€35,000 | +10.6% |
| Amounts receivable within one year | 40/41 | €37,887 | €40,351 | +€2,464 | +6.5% |
| Other amounts receivable | 41 | €37,887 | €40,351 | +€2,464 | +6.5% |
| Cash at bank and in hand | 54/58 | €2,498 | €855 | -€1,643 | -65.8% |
| Deferred charges and accrued income | 490/1 | €306 | €507 | +€200 | +65.4% |
| Total equity and liabilities | 10/49 | €785,759 | €804,385 | +€18,626 | +2.4% |
| Equity | 10/15 | €598,426 | €615,143 | +€16,717 | +2.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €66,165 | €63,409 | -€2,756 | -4.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €64,305 | €61,549 | -€2,756 | -4.3% |
| Profit (loss) carried forward | 14 | €513,669 | €533,143 | +€19,473 | +3.8% |
| Provisions and deferred taxes | 16 | €33,112 | €31,693 | -€1,419 | -4.3% |
| Deferred taxes | 168 | €33,112 | €31,693 | -€1,419 | -4.3% |
| Amounts payable | 17/49 | €154,221 | €157,549 | +€3,328 | +2.2% |
| Amounts payable within one year | 42/48 | €154,221 | €157,549 | +€3,328 | +2.2% |
| Trade debts | 44 | €132,371 | €134,346 | +€1,974 | +1.5% |
| Suppliers | 440/4 | €132,371 | €134,346 | +€1,974 | +1.5% |
| Taxes, remuneration and social security | 45 | €15,204 | €16,557 | +€1,354 | +8.9% |
| Taxes | 450/3 | €15,204 | €16,557 | +€1,354 | +8.9% |
| Other amounts payable | 47/48 | €6,646 | €6,646 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,395 | €17,395 | = | 0.0% |
| Other operating charges | 640/8 | €8,263 | €8,472 | +€209 | +2.5% |
| Gross operating margin | 9900 | €40,640 | €39,112 | -€1,528 | -3.8% |
| Operating profit (loss) | 9901 | €14,981 | €13,245 | -€1,737 | -11.6% |
| Financial income | 75/76B | €9,363 | €10,208 | +€845 | +9.0% |
| Recurring financial income | 75 | €9,363 | €10,208 | +€845 | +9.0% |
| Financial charges | 65/66B | €95 | €147 | +€52 | +55.0% |
| Recurring financial charges | 65 | €95 | €147 | +€52 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | €24,250 | €23,306 | -€944 | -3.9% |
| Transfer from deferred taxes | 780 | €1,419 | €1,419 | = | 0.0% |
| Income taxes | 67/77 | €8,474 | €8,008 | -€467 | -5.5% |
| Profit (loss) for the period | 9904 | €17,194 | €16,717 | -€477 | -2.8% |
| Transfer from tax-exempt reserves | 789 | €2,756 | €2,756 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,950 | €19,473 | -€477 | -2.4% |
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 13 October 2026 via checked.be.