LENN BECKX PROJECTS: 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.
LENN BECKX PROJECTS
Largest movements
- Receivables within one year +€27,196
up €27,196 (+411%), from €6,614 to €33,810
of which Trade receivables: +€24,406
- Stocks and contracts +€5,791
up €5,791 (+231%), from €2,502 to €8,293
- Cash +€5,643
up €5,643 (+272%), from €2,073 to €7,716
mainly Other debts (+€20,207) and Net result for the year (+€15,826)
- Tangible fixed assets +€2,057
up €2,057 (+88.4%), from €2,327 to €4,384
- Deferred charges and accrued income -€1,168
down €1,168 (-78.3%), from €1,491 to €323
- Other debts +€20,207
new in 2025: €20,207
- Reserves +€15,826
up €15,826 (+182%), from €8,681 to €24,508
- Tax, wage and social debts +€2,639
up €2,639 (+106%), from €2,498 to €5,137
of which Taxes: +€3,939
- Trade debts +€847
up €847 (+22.1%), from €3,828 to €4,675
- Gross operating margin +€15,824
up €15,824 (+196%), from €8,063 to €23,887
- Taxes +€2,790
up €2,790 (+238%), from €1,173 to €3,964
- Financial charges +€1,172
up €1,172 (+238%), from €493 to €1,666
- Depreciation +€675
up €675 (+53.2%), from €1,268 to €1,943
- Other operating charges +€283
up €283 (+138%), from €205 to €488
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.
Derived cash bridge
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 | €15,007 | €54,527 | +€39,520 | +263% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,327 | €4,384 | +€2,057 | +88.4% |
| Tangible fixed assets | 22/27 | €2,327 | €4,384 | +€2,057 | +88.4% |
| Furniture and vehicles | 24 | €2,327 | €4,384 | +€2,057 | +88.4% |
| Current assets | 29/58 | €12,680 | €50,143 | +€37,463 | +295% |
| Stocks and contracts in progress | 3 | €2,502 | €8,293 | +€5,791 | +231% |
| Stocks | 30/36 | €2,502 | €8,293 | +€5,791 | +231% |
| Amounts receivable within one year | 40/41 | €6,614 | €33,810 | +€27,196 | +411% |
| Trade receivables | 40 | €5,113 | €29,519 | +€24,406 | +477% |
| Other amounts receivable | 41 | €1,502 | €4,291 | +€2,790 | +186% |
| Cash at bank and in hand | 54/58 | €2,073 | €7,716 | +€5,643 | +272% |
| Deferred charges and accrued income | 490/1 | €1,491 | €323 | -€1,168 | -78.3% |
| Total equity and liabilities | 10/49 | €15,007 | €54,527 | +€39,520 | +263% |
| Equity | 10/15 | €8,681 | €24,508 | +€15,826 | +182% |
| Reserves | 13 | €8,681 | €24,508 | +€15,826 | +182% |
| Distributable reserves | 133 | €8,681 | €24,508 | +€15,826 | +182% |
| Amounts payable | 17/49 | €6,326 | €30,019 | +€23,693 | +375% |
| Amounts payable within one year | 42/48 | €6,326 | €30,019 | +€23,693 | +375% |
| Trade debts | 44 | €3,828 | €4,675 | +€847 | +22.1% |
| Suppliers | 440/4 | €3,828 | €4,675 | +€847 | +22.1% |
| Taxes, remuneration and social security | 45 | €2,498 | €5,137 | +€2,639 | +106% |
| Taxes | 450/3 | €1,198 | €5,137 | +€3,939 | +329% |
| Remuneration and social security | 454/9 | €1,300 | €0 | -€1,300 | -100% |
| Other amounts payable | 47/48 | - | €20,207 | +€20,207 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,268 | €1,943 | +€675 | +53.2% |
| Other operating charges | 640/8 | €205 | €488 | +€283 | +138% |
| Gross operating margin | 9900 | €8,063 | €23,887 | +€15,824 | +196% |
| Operating profit (loss) | 9901 | €6,590 | €21,456 | +€14,866 | +226% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €493 | €1,666 | +€1,172 | +238% |
| Recurring financial charges | 65 | €493 | €1,666 | +€1,172 | +238% |
| Profit (loss) for the period before taxes | 9903 | €6,097 | €19,790 | +€13,693 | +225% |
| Income taxes | 67/77 | €1,173 | €3,964 | +€2,790 | +238% |
| Profit (loss) for the period | 9904 | €4,923 | €15,826 | +€10,903 | +221% |
| Profit (loss) for the period to be appropriated | 9905 | €4,923 | €15,826 | +€10,903 | +221% |
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 14 October 2026 via checked.be.