LENOBEL: 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.
LENOBEL
Largest movements
- Receivables within one year +€5,000
up €5,000 (+13.0%), from €38,441 to €43,441
of which Other amounts receivable: +€5,000
- Tangible fixed assets +€2,821
up €2,821 (+9.9%), from €28,477 to €31,298
- Tax, wage and social debts -€59,558
down €59,558 (-89.4%), from €66,655 to €7,096
- Other debts +€31,919
up €31,919 (+198%), from €16,156 to €48,075
- Debts after one year +€27,500
up €27,500 (+162%), from €17,000 to €44,500
- Profit (loss) carried forward +€10,928
up €10,928 (+10.5%), from -€103,795 to -€92,866
- Trade debts -€3,244
down €3,244 (-27.9%), from €11,632 to €8,387
- Taxes -€35,186
down €35,186 (-100%), from €35,186 to €0
- Gross operating margin +€19,874
up €19,874, from -€2,865 to €17,009
- Other operating charges -€5,739
down €5,739 (-75.6%), from €7,591 to €1,852
- Financial charges -€2,375
down €2,375 (-86.4%), from €2,750 to €375
- Depreciation +€745
up €745 (+23.9%), from €3,109 to €3,854
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 | €69,621 | €77,166 | +€7,545 | +10.8% |
| Fixed assets | 21/28 | €28,477 | €31,298 | +€2,821 | +9.9% |
| Tangible fixed assets | 22/27 | €28,477 | €31,298 | +€2,821 | +9.9% |
| Land and buildings | 22 | €28,477 | €31,298 | +€2,821 | +9.9% |
| Current assets | 29/58 | €41,144 | €45,868 | +€4,724 | +11.5% |
| Amounts receivable within one year | 40/41 | €38,441 | €43,441 | +€5,000 | +13.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €38,441 | €43,441 | +€5,000 | +13.0% |
| Cash at bank and in hand | 54/58 | €2,703 | €2,427 | -€276 | -10.2% |
| Total equity and liabilities | 10/49 | €69,621 | €77,166 | +€7,545 | +10.8% |
| Equity | 10/15 | -€41,821 | -€30,893 | +€10,928 | +26.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,795 | -€92,866 | +€10,928 | +10.5% |
| Amounts payable | 17/49 | €111,442 | €108,059 | -€3,383 | -3.0% |
| Amounts payable after more than one year | 17 | €17,000 | €44,500 | +€27,500 | +162% |
| Financial debts | 170/4 | €17,000 | €44,500 | +€27,500 | +162% |
| Amounts payable within one year | 42/48 | €94,442 | €63,559 | -€30,883 | -32.7% |
| Trade debts | 44 | €11,632 | €8,387 | -€3,244 | -27.9% |
| Suppliers | 440/4 | €11,632 | €8,387 | -€3,244 | -27.9% |
| Taxes, remuneration and social security | 45 | €66,655 | €7,096 | -€59,558 | -89.4% |
| Taxes | 450/3 | €66,655 | €7,096 | -€59,558 | -89.4% |
| Other amounts payable | 47/48 | €16,156 | €48,075 | +€31,919 | +198% |
| Non-recurring operating income | 76A | €0 | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,109 | €3,854 | +€745 | +23.9% |
| Other operating charges | 640/8 | €7,591 | €1,852 | -€5,739 | -75.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€2,865 | €17,009 | +€19,874 | |
| Operating profit (loss) | 9901 | -€13,565 | €11,303 | +€24,869 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,750 | €375 | -€2,375 | -86.4% |
| Recurring financial charges | 65 | €2,750 | €375 | -€2,375 | -86.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,315 | €10,928 | +€27,243 | |
| Income taxes | 67/77 | €35,186 | €0 | -€35,186 | -100% |
| Profit (loss) for the period | 9904 | -€51,501 | €10,928 | +€62,429 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,501 | €10,928 | +€62,429 |
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 16 October 2026 via checked.be.