LenneS Engineering: 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.
LenneS Engineering
Largest movements
- Cash +€140,927
up €140,927 (+780.2%), from €18,063 to €158,989
mainly Receivables after one year (+€120,000) and Receivables within one year (+€31,437)
- Receivables after one year -€120,000
down €120,000 (-92.0%), from €130,500 to €10,500
- Receivables within one year -€31,437
down €31,437 (-61.8%), from €50,858 to €19,420
of which Trade receivables: -€29,940
- Tangible fixed assets -€8,810
down €8,810 (-22.8%), from €38,710 to €29,900
of which Leasing and similar rights: -€7,932
- Reserves -€8,819
down €8,819 (-6.5%), from €135,285 to €126,466
- Debts after one year -€7,484
down €7,484 (-26.4%), from €28,377 to €20,894
- Trade debts -€7,458
down €7,458 (-93.1%), from €8,012 to €554
- Other debts +€4,002
up €4,002 (+10.1%), from €39,534 to €43,536
- Financial income -€44,022
down €44,022 (-97.2%), from €45,304 to €1,283
- Gross operating margin +€15,397
up €15,397, from -€924 to €14,473
- Depreciation +€3,797
up €3,797 (+75.7%), from €5,013 to €8,810
- Other operating charges -€361
down €361 (-21.0%), from €1,717 to €1,356
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 | €238,745 | €219,153 | -€19,593 | -8.2% |
| Fixed assets | 21/28 | €38,710 | €29,900 | -€8,810 | -22.8% |
| Tangible fixed assets | 22/27 | €38,710 | €29,900 | -€8,810 | -22.8% |
| Plant, machinery and equipment | 23 | €3,354 | €2,476 | -€878 | -26.2% |
| Leasing and similar rights | 25 | €35,356 | €27,424 | -€7,932 | -22.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €200,036 | €189,253 | -€10,783 | -5.4% |
| Amounts receivable after more than one year | 29 | €130,500 | €10,500 | -€120,000 | -92.0% |
| Other amounts receivable | 291 | €130,500 | €10,500 | -€120,000 | -92.0% |
| Amounts receivable within one year | 40/41 | €50,858 | €19,420 | -€31,437 | -61.8% |
| Trade receivables | 40 | €49,300 | €19,360 | -€29,940 | -60.7% |
| Other amounts receivable | 41 | €1,558 | €60 | -€1,497 | -96.1% |
| Cash at bank and in hand | 54/58 | €18,063 | €158,989 | +€140,927 | +780.2% |
| Deferred charges and accrued income | 490/1 | €615 | €343 | -€272 | -44.2% |
| Total equity and liabilities | 10/49 | €238,745 | €219,153 | -€19,593 | -8.2% |
| Equity | 10/15 | €147,685 | €138,866 | -€8,819 | -6.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €135,285 | €126,466 | -€8,819 | -6.5% |
| Distributable reserves | 133 | €135,285 | €126,466 | -€8,819 | -6.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €91,060 | €80,286 | -€10,774 | -11.8% |
| Amounts payable after more than one year | 17 | €28,377 | €20,894 | -€7,484 | -26.4% |
| Financial debts | 170/4 | €28,377 | €20,894 | -€7,484 | -26.4% |
| Amounts payable within one year | 42/48 | €62,683 | €59,392 | -€3,290 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €7,204 | €7,484 | +€280 | +3.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,012 | €554 | -€7,458 | -93.1% |
| Suppliers | 440/4 | €8,012 | €554 | -€7,458 | -93.1% |
| Taxes, remuneration and social security | 45 | €7,933 | €7,820 | -€114 | -1.4% |
| Taxes | 450/3 | €7,933 | €5,769 | -€2,164 | -27.3% |
| Remuneration and social security | 454/9 | €0 | €2,050 | +€2,050 | |
| Other amounts payable | 47/48 | €39,534 | €43,536 | +€4,002 | +10.1% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,013 | €8,810 | +€3,797 | +75.7% |
| Other operating charges | 640/8 | €1,717 | €1,356 | -€361 | -21.0% |
| Gross operating margin | 9900 | -€924 | €14,473 | +€15,397 | |
| Operating profit (loss) | 9901 | -€7,655 | €4,306 | +€11,961 | |
| Financial income | 75/76B | €45,304 | €1,283 | -€44,022 | -97.2% |
| Recurring financial income | 75 | €45,304 | €1,283 | -€44,022 | -97.2% |
| Financial charges | 65/66B | €1,467 | €1,492 | +€25 | +1.7% |
| Recurring financial charges | 65 | €1,467 | €1,492 | +€25 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €36,182 | €4,097 | -€32,086 | -88.7% |
| Income taxes | 67/77 | €1,884 | €1,940 | +€56 | +3.0% |
| Profit (loss) for the period | 9904 | €34,298 | €2,157 | -€32,141 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,298 | €2,157 | -€32,141 | -93.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.