LENINVEST: what changed
LENINVEST
Largest movements
- Cash -€51,920
down €51,920 (-34.7%), from €149,486 to €97,566
mainly Contributions, distributions and other (-€80,000) and Other debts (-€45,266)
- Tangible fixed assets -€29,094
down €29,094 (-28.9%), from €100,667 to €71,573
- Receivables within one year +€3,390
up €3,390 (+84.0%), from €4,034 to €7,425
of which Other amounts receivable: +€3,149
- Other debts -€45,266
down €45,266 (-40.0%), from €113,266 to €68,000
- Debts after one year -€19,504
down €19,504 (-31.2%), from €62,452 to €42,949
- Tax, wage and social debts -€11,608
down €11,608 (-100%), from €11,608 to €0
- Trade debts -€3,246
down €3,246 (-84.3%), from €3,849 to €603
- Gross operating margin -€47,074
down €47,074 (-23.7%), from €198,319 to €151,246
- Taxes -€8,385
down €8,385 (-20.5%), from €40,885 to €32,500
- Other operating charges -€4,912
down €4,912 (-77.7%), from €6,324 to €1,413
- Depreciation +€2,559
up €2,559 (+8.5%), from €30,034 to €32,594
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 | €256,761 | €179,109 | -€77,652 | -30.2% |
| Fixed assets | 21/28 | €101,867 | €72,773 | -€29,094 | -28.6% |
| Tangible fixed assets | 22/27 | €100,667 | €71,573 | -€29,094 | -28.9% |
| Furniture and vehicles | 24 | €100,667 | €71,573 | -€29,094 | -28.9% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €154,894 | €106,335 | -€48,558 | -31.3% |
| Amounts receivable within one year | 40/41 | €4,034 | €7,425 | +€3,390 | +84.0% |
| Trade receivables | 40 | €0 | €242 | +€242 | |
| Other amounts receivable | 41 | €4,034 | €7,183 | +€3,149 | +78.0% |
| Cash at bank and in hand | 54/58 | €149,486 | €97,566 | -€51,920 | -34.7% |
| Deferred charges and accrued income | 490/1 | €1,373 | €1,345 | -€29 | -2.1% |
| Total equity and liabilities | 10/49 | €256,761 | €179,109 | -€77,652 | -30.2% |
| Equity | 10/15 | €46,769 | €48,053 | +€1,283 | +2.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €26,309 | €27,593 | +€1,283 | +4.9% |
| Distributable reserves | 133 | €26,309 | €27,593 | +€1,283 | +4.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €209,991 | €131,056 | -€78,936 | -37.6% |
| Amounts payable after more than one year | 17 | €62,452 | €42,949 | -€19,504 | -31.2% |
| Financial debts | 170/4 | €62,452 | €42,949 | -€19,504 | -31.2% |
| Amounts payable within one year | 42/48 | €147,539 | €88,107 | -€59,432 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €18,817 | €19,504 | +€687 | +3.6% |
| Trade debts | 44 | €3,849 | €603 | -€3,246 | -84.3% |
| Suppliers | 440/4 | €3,849 | €603 | -€3,246 | -84.3% |
| Taxes, remuneration and social security | 45 | €11,608 | €0 | -€11,608 | -100% |
| Taxes | 450/3 | €11,608 | €0 | -€11,608 | -100% |
| Other amounts payable | 47/48 | €113,266 | €68,000 | -€45,266 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,034 | €32,594 | +€2,559 | +8.5% |
| Other operating charges | 640/8 | €6,324 | €1,413 | -€4,912 | -77.7% |
| Non-recurring operating charges | 66A | €0 | €752 | +€752 | |
| Gross operating margin | 9900 | €198,319 | €151,246 | -€47,074 | -23.7% |
| Operating profit (loss) | 9901 | €161,961 | €116,488 | -€45,473 | -28.1% |
| Financial income | 75/76B | €79 | €132 | +€54 | +68.5% |
| Recurring financial income | 75 | €79 | €132 | +€54 | +68.5% |
| Financial charges | 65/66B | €3,132 | €2,837 | -€295 | -9.4% |
| Recurring financial charges | 65 | €3,132 | €2,837 | -€295 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €158,907 | €113,783 | -€45,124 | -28.4% |
| Income taxes | 67/77 | €40,885 | €32,500 | -€8,385 | -20.5% |
| Profit (loss) for the period | 9904 | €118,023 | €81,283 | -€36,739 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €118,023 | €81,283 | -€36,739 | -31.1% |
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 2 November 2026 via checked.be.