LENIE KATTY: what changed
LENIE KATTY
Largest movements
- Current investments +€20,000
new in 2025: €20,000
- Cash -€15,307
down €15,307 (-10.3%), from €148,210 to €132,902
mainly Contributions, distributions and other (-€57,195) and Investment in fixed assets (net) (-€24,805)
- Tangible fixed assets +€14,816
up €14,816 (+74.0%), from €20,034 to €34,850
of which Plant, machinery and equipment: +€12,557
- Receivables within one year -€5,553
down €5,553 (-4.9%), from €113,062 to €107,509
of which Other amounts receivable: -€5,801
- Reserves +€51,900
up €51,900 (+75.7%), from €68,560 to €120,460
- Profit (loss) carried forward -€51,616
down €51,616 (-31.8%), from €162,492 to €110,876
- Other debts -€12,890
no longer reported in 2025 (was €12,890)
- Current portion of long-term debt +€11,363
new in 2025: €11,363
- Debts after one year +€6,763
new in 2025: €6,763
- Gross operating margin +€39,562
up €39,562 (+44.1%), from €89,680 to €129,242
- Taxes +€14,739
up €14,739 (+134%), from €11,031 to €25,770
- Staff costs -€3,106
down €3,106 (-8.9%), from €34,922 to €31,816
- Financial charges -€1,883
down €1,883 (-43.4%), from €4,333 to €2,451
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,035 | €297,490 | +€15,455 | +5.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €20,034 | €34,850 | +€14,816 | +74.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €20,034 | €34,850 | +€14,816 | +74.0% |
| Plant, machinery and equipment | 23 | €17,456 | €30,012 | +€12,557 | +71.9% |
| Furniture and vehicles | 24 | €1,757 | €4,657 | +€2,899 | +165% |
| Other tangible fixed assets | 26 | €821 | €181 | -€640 | -78.0% |
| Current assets | 29/58 | €262,001 | €262,641 | +€639 | +0.2% |
| Amounts receivable within one year | 40/41 | €113,062 | €107,509 | -€5,553 | -4.9% |
| Trade receivables | 40 | - | €248 | +€248 | |
| Other amounts receivable | 41 | €113,062 | €107,260 | -€5,801 | -5.1% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €148,210 | €132,902 | -€15,307 | -10.3% |
| Deferred charges and accrued income | 490/1 | €730 | €2,230 | +€1,499 | +205% |
| Total equity and liabilities | 10/49 | €282,035 | €297,490 | +€15,455 | +5.5% |
| Equity | 10/15 | €243,452 | €243,736 | +€284 | +0.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €68,560 | €120,460 | +€51,900 | +75.7% |
| Distributable reserves | 133 | €68,560 | €120,460 | +€51,900 | +75.7% |
| Profit (loss) carried forward | 14 | €162,492 | €110,876 | -€51,616 | -31.8% |
| Amounts payable | 17/49 | €38,583 | €53,754 | +€15,171 | +39.3% |
| Amounts payable after more than one year | 17 | - | €6,763 | +€6,763 | |
| Financial debts | 170/4 | - | €6,763 | +€6,763 | |
| Amounts payable within one year | 42/48 | €38,583 | €46,991 | +€8,408 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | - | €11,363 | +€11,363 | |
| Trade debts | 44 | €4,876 | €9,628 | +€4,752 | +97.5% |
| Suppliers | 440/4 | €4,876 | €9,628 | +€4,752 | +97.5% |
| Taxes, remuneration and social security | 45 | €20,817 | €26,000 | +€5,183 | +24.9% |
| Taxes | 450/3 | €16,152 | €23,254 | +€7,102 | +44.0% |
| Remuneration and social security | 454/9 | €4,665 | €2,746 | -€1,919 | -41.1% |
| Other amounts payable | 47/48 | €12,890 | - | -€12,890 | |
| Remuneration, social security and pensions | 62 | €34,922 | €31,816 | -€3,106 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,058 | €9,989 | -€1,069 | -9.7% |
| Other operating charges | 640/8 | €1,633 | €1,738 | +€105 | +6.4% |
| Gross operating margin | 9900 | €89,680 | €129,242 | +€39,562 | +44.1% |
| Operating profit (loss) | 9901 | €42,067 | €85,699 | +€43,632 | +104% |
| Financial income | 75/76B | €27 | €1 | -€26 | -97.0% |
| Recurring financial income | 75 | €27 | €1 | -€26 | -97.0% |
| Financial charges | 65/66B | €4,333 | €2,451 | -€1,883 | -43.4% |
| Recurring financial charges | 65 | €4,333 | €2,451 | -€1,883 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €37,761 | €83,250 | +€45,489 | +120% |
| Income taxes | 67/77 | €11,031 | €25,770 | +€14,739 | +134% |
| Profit (loss) for the period | 9904 | €26,730 | €57,479 | +€30,750 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €26,730 | €57,479 | +€30,750 | +115% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.