LENKE: 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.
LENKE
Largest movements
- Receivables within one year +€219,401
up €219,401 (+172.0%), from €127,593 to €346,994
of which Trade receivables: +€190,392
- Tangible fixed assets -€15,084
down €15,084 (-33.7%), from €44,754 to €29,669
of which Other tangible fixed assets: -€15,084
- Cash -€12,716
down €12,716 (-79.9%), from €15,911 to €3,195
mainly Receivables within one year (-€219,401)
- Tax, wage and social debts +€86,337
up €86,337 (+154.5%), from €55,877 to €142,214
of which Remuneration and social security: +€50,616
- Trade debts +€83,990
up €83,990 (+197.7%), from €42,474 to €126,464
- Reserves +€15,000
up €15,000 (+36.3%), from €41,338 to €56,338
of which Distributable reserves: +€15,000
- Gross operating margin -€21,058
down €21,058 (-14.3%), from €147,651 to €126,593
- Staff costs -€19,828
down €19,828 (-18.3%), from €108,551 to €88,723
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 | €192,603 | €382,837 | +€190,234 | +98.8% |
| Formation expenses | 20 | €326 | €326 | = | 0.0% |
| Fixed assets | 21/28 | €46,069 | €30,984 | -€15,084 | -32.7% |
| Intangible fixed assets | 21 | €1,240 | €1,240 | = | 0.0% |
| Tangible fixed assets | 22/27 | €44,754 | €29,669 | -€15,084 | -33.7% |
| Plant, machinery and equipment | 23 | €2,414 | €2,414 | = | 0.0% |
| Furniture and vehicles | 24 | €365 | €365 | = | 0.0% |
| Other tangible fixed assets | 26 | €41,974 | €26,890 | -€15,084 | -35.9% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €146,209 | €351,527 | +€205,318 | +140.4% |
| Stocks and contracts in progress | 3 | €1,338 | €1,338 | = | 0.0% |
| Stocks | 30/36 | €1,338 | €1,338 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €127,593 | €346,994 | +€219,401 | +172.0% |
| Trade receivables | 40 | €109,007 | €299,399 | +€190,392 | +174.7% |
| Other amounts receivable | 41 | €18,586 | €47,595 | +€29,009 | +156.1% |
| Cash at bank and in hand | 54/58 | €15,911 | €3,195 | -€12,716 | -79.9% |
| Deferred charges and accrued income | 490/1 | €1,367 | - | -€1,367 | |
| Total equity and liabilities | 10/49 | €192,603 | €382,837 | +€190,234 | +98.8% |
| Equity | 10/15 | €49,357 | €64,498 | +€15,141 | +30.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,338 | €56,338 | +€15,000 | +36.3% |
| 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 | €39,478 | €54,478 | +€15,000 | +38.0% |
| Profit (loss) carried forward | 14 | €1,819 | €1,960 | +€141 | +7.8% |
| Amounts payable | 17/49 | €143,246 | €318,339 | +€175,093 | +122.2% |
| Amounts payable after more than one year | 17 | €5,735 | €5,735 | = | 0.0% |
| Financial debts | 170/4 | €5,735 | €5,735 | = | 0.0% |
| Amounts payable within one year | 42/48 | €137,511 | €309,805 | +€172,294 | +125.3% |
| Current portion of amounts payable after more than one year | 42 | €19,174 | €21,141 | +€1,967 | +10.3% |
| Trade debts | 44 | €42,474 | €126,464 | +€83,990 | +197.7% |
| Suppliers | 440/4 | €42,474 | €126,464 | +€83,990 | +197.7% |
| Taxes, remuneration and social security | 45 | €55,877 | €142,214 | +€86,337 | +154.5% |
| Taxes | 450/3 | €27,147 | €62,868 | +€35,721 | +131.6% |
| Remuneration and social security | 454/9 | €28,729 | €79,346 | +€50,616 | +176.2% |
| Other amounts payable | 47/48 | €19,987 | €19,987 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €2,799 | +€2,799 | |
| Remuneration, social security and pensions | 62 | €108,551 | €88,723 | -€19,828 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,084 | €15,084 | = | 0.0% |
| Other operating charges | 640/8 | €356 | €551 | +€195 | +54.9% |
| Gross operating margin | 9900 | €147,651 | €126,593 | -€21,058 | -14.3% |
| Operating profit (loss) | 9901 | €23,660 | €22,234 | -€1,426 | -6.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €327 | €1,194 | +€867 | +265.3% |
| Recurring financial charges | 65 | €327 | €1,194 | +€867 | +265.3% |
| Profit (loss) for the period before taxes | 9903 | €23,333 | €21,040 | -€2,293 | -9.8% |
| Income taxes | 67/77 | €6,560 | €5,899 | -€660 | -10.1% |
| Profit (loss) for the period | 9904 | €16,774 | €15,141 | -€1,633 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,774 | €15,141 | -€1,633 | -9.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.