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Lenip: 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.

What changed

Lenip

BE 0427.306.477
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€25,601
2024 · €20,960+€4,640
Equity
€1.1m
2024 · €1.1m+€25,601
Cash
€562,267
2024 · €593,488-€31,220
Balance sheet total
€1.4m
2024 · €1.4m-€36,622

Largest movements

2024 to 2025
Assets
  • Cash -€31,220

    down €31,220 (-5.3%), from €593,488 to €562,267

    mainly Debts after one year (-€60,000) and Deferred charges and accrued income (-€8,451)

Equity and liabilities
  • Debts after one year -€60,000

    down €60,000 (-21.0%), from €286,257 to €226,257

  • Reserves +€25,000

    up €25,000 (+7.1%), from €352,108 to €377,108

Income statement
  • Financial charges -€3,370

    down €3,370 (-13.6%), from €24,701 to €21,331

  • Taxes +€2,297

    up €2,297 (+24.0%), from €9,556 to €11,853

  • Depreciation -€2,079

    down €2,079 (-13.5%), from €15,344 to €13,265

  • Other operating charges -€1,305

    down €1,305 (-16.0%), from €8,177 to €6,872

From the 2024 result to the 2025 result

effect on the 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 €20,960
Gross operating margin -€369
Depreciation +€2,079
Other operating charges +€1,305
Financial income +€551
Financial charges +€3,370
Taxes -€2,297
Result 2025 €25,601

Cash bridge derived

cash 2024 to 2025

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 +€28,780
Investment €0
Financing -€60,000
Cash 2024 €593,488
Net result for the year +€25,601
Depreciation +€13,265
Receivables within one year +€587
Deferred charges and accrued income -€8,451
Trade debts +€4,895
Tax, wage and social debts +€600
Other debts +€15
Accrued charges and deferred income -€7,734
Debts after one year -€60,000
Cash 2025 €562,267
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,412,501 €1,375,879 -€36,622 -2.6%
Fixed assets 21/28 €258,533 €245,268 -€13,265 -5.1%
Tangible fixed assets 22/27 €258,533 €245,268 -€13,265 -5.1%
Land and buildings 22 €256,309 €243,593 -€12,716 -5.0%
Plant, machinery and equipment 23 €2,225 €1,675 -€550 -24.7%
Current assets 29/58 €1,153,967 €1,130,610 -€23,357 -2.0%
Amounts receivable within one year 40/41 €29,923 €29,336 -€587 -2.0%
Trade receivables 40 €1,587 €2,499 +€913 +57.5%
Other amounts receivable 41 €28,336 €26,836 -€1,500 -5.3%
Current investments 50/53 €528,724 €528,724 = 0.0%
Cash at bank and in hand 54/58 €593,488 €562,267 -€31,220 -5.3%
Deferred charges and accrued income 490/1 €1,833 €10,283 +€8,451 +461.1%
Total equity and liabilities 10/49 €1,412,501 €1,375,879 -€36,622 -2.6%
Equity 10/15 €1,092,594 €1,118,194 +€25,601 +2.3%
Contributions 10/11 €226,085 €226,085 = 0.0%
Reserves 13 €352,108 €377,108 +€25,000 +7.1%
Distributable reserves 133 €352,108 €377,108 +€25,000 +7.1%
Profit (loss) carried forward 14 €514,400 €515,001 +€601 +0.1%
Amounts payable 17/49 €319,907 €257,684 -€62,223 -19.5%
Amounts payable after more than one year 17 €286,257 €226,257 -€60,000 -21.0%
Other amounts payable 178/9 €286,257 €226,257 -€60,000 -21.0%
Amounts payable within one year 42/48 €5,100 €10,611 +€5,511 +108.0%
Trade debts 44 €2,910 €7,805 +€4,895 +168.2%
Suppliers 440/4 €2,910 €7,805 +€4,895 +168.2%
Taxes, remuneration and social security 45 €1,900 €2,500 +€600 +31.6%
Taxes 450/3 €1,900 €2,500 +€600 +31.6%
Other amounts payable 47/48 €290 €306 +€15 +5.3%
Accrued charges and deferred income 492/3 €28,550 €20,816 -€7,734 -27.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,344 €13,265 -€2,079 -13.5%
Other operating charges 640/8 €8,177 €6,872 -€1,305 -16.0%
Gross operating margin 9900 €76,483 €76,114 -€369 -0.5%
Operating profit (loss) 9901 €52,961 €55,977 +€3,015 +5.7%
Financial income 75/76B €2,256 €2,807 +€551 +24.4%
Recurring financial income 75 €2,256 €2,807 +€551 +24.4%
Financial charges 65/66B €24,701 €21,331 -€3,370 -13.6%
Recurring financial charges 65 €24,701 €21,331 -€3,370 -13.6%
Profit (loss) for the period before taxes 9903 €30,516 €37,453 +€6,937 +22.7%
Income taxes 67/77 €9,556 €11,853 +€2,297 +24.0%
Profit (loss) for the period 9904 €20,960 €25,601 +€4,640 +22.1%
Profit (loss) for the period to be appropriated 9905 €20,960 €25,601 +€4,640 +22.1%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.