LENNOUT: 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.
LENNOUT
Largest movements
- Cash -€51,126
down €51,126 (-46.6%), from €109,673 to €58,547
mainly Current investments (-€50,000) and Tax, wage and social debts (-€16,709)
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets +€2,099
up €2,099 (+147.3%), from €1,425 to €3,524
- Profit (loss) carried forward +€21,042
up €21,042 (+26.3%), from €79,991 to €101,033
- Tax, wage and social debts -€16,709
down €16,709 (-71.9%), from €23,254 to €6,546
- Trade debts -€3,579
down €3,579 (-88.3%), from €4,053 to €475
- Gross operating margin -€74,075
down €74,075 (-73.2%), from €101,181 to €27,107
- Taxes -€15,466
down €15,466 (-73.3%), from €21,105 to €5,639
- Financial income +€1,179
up €1,179 (+697.5%), from €169 to €1,348
of which Financial income: +€1,179
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 | €111,098 | €112,381 | +€1,283 | +1.2% |
| Fixed assets | 21/28 | €1,425 | €3,524 | +€2,099 | +147.3% |
| Tangible fixed assets | 22/27 | €1,425 | €3,524 | +€2,099 | +147.3% |
| Furniture and vehicles | 24 | €1,425 | €3,524 | +€2,099 | +147.3% |
| Current assets | 29/58 | €109,673 | €108,857 | -€816 | -0.7% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €109,673 | €58,547 | -€51,126 | -46.6% |
| Deferred charges and accrued income | 490/1 | - | €310 | +€310 | |
| Total equity and liabilities | 10/49 | €111,098 | €112,381 | +€1,283 | +1.2% |
| Equity | 10/15 | €82,491 | €103,533 | +€21,042 | +25.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,991 | €101,033 | +€21,042 | +26.3% |
| Amounts payable | 17/49 | €28,607 | €8,847 | -€19,759 | -69.1% |
| Amounts payable within one year | 42/48 | €28,607 | €8,780 | -€19,827 | -69.3% |
| Trade debts | 44 | €4,053 | €475 | -€3,579 | -88.3% |
| Suppliers | 440/4 | €4,053 | €475 | -€3,579 | -88.3% |
| Taxes, remuneration and social security | 45 | €23,254 | €6,546 | -€16,709 | -71.9% |
| Taxes | 450/3 | €23,254 | €6,546 | -€16,709 | -71.9% |
| Other amounts payable | 47/48 | €1,299 | €1,759 | +€460 | +35.4% |
| Accrued charges and deferred income | 492/3 | - | €67 | +€67 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144 | €704 | +€560 | +387.9% |
| Gross operating margin | 9900 | €101,181 | €27,107 | -€74,075 | -73.2% |
| Operating profit (loss) | 9901 | €101,037 | €26,402 | -€74,635 | -73.9% |
| Financial income | 75/76B | €169 | €1,348 | +€1,179 | +697.5% |
| Recurring financial income | 75 | €169 | €1,348 | +€1,179 | +697.5% |
| Non-recurring financial income | 76B | €169 | - | -€169 | |
| Financial charges | 65/66B | €110 | €236 | +€126 | +114.5% |
| Recurring financial charges | 65 | €110 | €236 | +€126 | +114.5% |
| Profit (loss) for the period before taxes | 9903 | €101,096 | €27,514 | -€73,582 | -72.8% |
| Income taxes | 67/77 | €21,105 | €5,639 | -€15,466 | -73.3% |
| Profit (loss) for the period | 9904 | €79,991 | €21,875 | -€58,116 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €79,991 | €21,875 | -€58,116 | -72.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.