LENICON: 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.
LENICON
Largest movements
- Cash +€13,761
up €13,761 (+19.3%), from €71,199 to €84,961
mainly Net result for the year (+€19,367) and Tax, wage and social debts (+€5,497)
- Receivables within one year +€10,727
up €10,727 (+165.5%), from €6,480 to €17,206
- Profit (loss) carried forward +€10,367
up €10,367 (+18.6%), from €55,687 to €66,054
- Reserves +€9,000
up €9,000 (+483.9%), from €1,860 to €10,860
of which Distributable reserves: +€9,000
- Tax, wage and social debts +€5,497
up €5,497 (+32.7%), from €16,798 to €22,295
- Gross operating margin +€10,936
up €10,936 (+49.9%), from €21,931 to €32,867
- Taxes +€4,424
up €4,424 (+93.0%), from €4,756 to €9,180
- Depreciation +€1,102
up €1,102 (+37.7%), from €2,920 to €4,022
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 | €81,850 | €106,683 | +€24,833 | +30.3% |
| Fixed assets | 21/28 | €4,171 | €4,516 | +€345 | +8.3% |
| Tangible fixed assets | 22/27 | €4,171 | €4,516 | +€345 | +8.3% |
| Furniture and vehicles | 24 | €4,171 | €4,516 | +€345 | +8.3% |
| Current assets | 29/58 | €77,679 | €102,167 | +€24,488 | +31.5% |
| Amounts receivable within one year | 40/41 | €6,480 | €17,206 | +€10,727 | +165.5% |
| Trade receivables | 40 | €6,480 | €17,206 | +€10,727 | +165.5% |
| Cash at bank and in hand | 54/58 | €71,199 | €84,961 | +€13,761 | +19.3% |
| Total equity and liabilities | 10/49 | €81,850 | €106,683 | +€24,833 | +30.3% |
| Equity | 10/15 | €63,747 | €83,114 | +€19,367 | +30.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €10,860 | +€9,000 | +483.9% |
| 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 | - | €9,000 | +€9,000 | |
| Profit (loss) carried forward | 14 | €55,687 | €66,054 | +€10,367 | +18.6% |
| Amounts payable | 17/49 | €18,104 | €23,569 | +€5,466 | +30.2% |
| Amounts payable within one year | 42/48 | €18,104 | €23,569 | +€5,466 | +30.2% |
| Trade debts | 44 | €1,305 | €1,274 | -€31 | -2.4% |
| Suppliers | 440/4 | €1,305 | €1,274 | -€31 | -2.4% |
| Taxes, remuneration and social security | 45 | €16,798 | €22,295 | +€5,497 | +32.7% |
| Taxes | 450/3 | €16,798 | €22,295 | +€5,497 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,920 | €4,022 | +€1,102 | +37.7% |
| Other operating charges | 640/8 | €245 | €186 | -€59 | -24.2% |
| Gross operating margin | 9900 | €21,931 | €32,867 | +€10,936 | +49.9% |
| Operating profit (loss) | 9901 | €18,766 | €28,659 | +€9,893 | +52.7% |
| Financial charges | 65/66B | €178 | €111 | -€66 | -37.3% |
| Recurring financial charges | 65 | €178 | €111 | -€66 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €18,588 | €28,547 | +€9,959 | +53.6% |
| Income taxes | 67/77 | €4,756 | €9,180 | +€4,424 | +93.0% |
| Profit (loss) for the period | 9904 | €13,832 | €19,367 | +€5,535 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,832 | €19,367 | +€5,535 | +40.0% |
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 11 October 2026 via checked.be.