LENOCAS: 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.
LENOCAS
Largest movements
- Receivables within one year -€23,570
down €23,570 (-26.4%), from €89,248 to €65,677
of which Other amounts receivable: -€16,922
- Tangible fixed assets -€18,536
down €18,536 (-27.6%), from €67,158 to €48,622
of which Furniture and vehicles: -€17,026
- Cash -€15,993
down €15,993 (-10.4%), from €153,649 to €137,656
mainly Other debts (-€69,714) and Debts after one year (-€13,482)
- Other debts -€69,714
down €69,714 (-69.5%), from €100,323 to €30,609
- Reserves +€29,324
up €29,324 (+23.2%), from €126,342 to €155,666
- Debts after one year -€13,482
down €13,482 (-33.9%), from €39,727 to €26,244
- Trade debts -€4,423
down €4,423 (-91.0%), from €4,862 to €439
- Gross operating margin +€7,670
up €7,670 (+13.7%), from €55,805 to €63,475
- Taxes +€2,045
up €2,045 (+17.7%), from €11,571 to €13,617
- Financial income +€1,221
new in 2024: €1,221
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,024 | €254,006 | -€58,018 | -18.6% |
| Fixed assets | 21/28 | €67,158 | €48,622 | -€18,536 | -27.6% |
| Tangible fixed assets | 22/27 | €67,158 | €48,622 | -€18,536 | -27.6% |
| Furniture and vehicles | 24 | €63,287 | €46,260 | -€17,026 | -26.9% |
| Other tangible fixed assets | 26 | €3,872 | €2,362 | -€1,510 | -39.0% |
| Current assets | 29/58 | €244,866 | €205,385 | -€39,481 | -16.1% |
| Amounts receivable within one year | 40/41 | €89,248 | €65,677 | -€23,570 | -26.4% |
| Trade receivables | 40 | €17,235 | €10,588 | -€6,648 | -38.6% |
| Other amounts receivable | 41 | €72,012 | €55,090 | -€16,922 | -23.5% |
| Cash at bank and in hand | 54/58 | €153,649 | €137,656 | -€15,993 | -10.4% |
| Deferred charges and accrued income | 490/1 | €1,969 | €2,051 | +€82 | +4.2% |
| Total equity and liabilities | 10/49 | €312,024 | €254,006 | -€58,018 | -18.6% |
| Equity | 10/15 | €144,942 | €174,266 | +€29,324 | +20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,342 | €155,666 | +€29,324 | +23.2% |
| Distributable reserves | 133 | €126,342 | €155,666 | +€29,324 | +23.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €167,081 | €79,740 | -€87,341 | -52.3% |
| Amounts payable after more than one year | 17 | €39,727 | €26,244 | -€13,482 | -33.9% |
| Financial debts | 170/4 | €39,727 | €26,244 | -€13,482 | -33.9% |
| Amounts payable within one year | 42/48 | €127,355 | €53,496 | -€73,859 | -58.0% |
| Current portion of amounts payable after more than one year | 42 | €13,338 | €13,481 | +€144 | +1.1% |
| Trade debts | 44 | €4,862 | €439 | -€4,423 | -91.0% |
| Suppliers | 440/4 | €4,862 | €439 | -€4,423 | -91.0% |
| Taxes, remuneration and social security | 45 | €8,832 | €8,966 | +€134 | +1.5% |
| Taxes | 450/3 | €8,832 | €8,966 | +€134 | +1.5% |
| Other amounts payable | 47/48 | €100,323 | €30,609 | -€69,714 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,180 | €19,657 | +€477 | +2.5% |
| Other operating charges | 640/8 | €1,367 | €1,446 | +€79 | +5.8% |
| Non-recurring operating charges | 66A | €264 | €0 | -€264 | -100.0% |
| Gross operating margin | 9900 | €55,805 | €63,475 | +€7,670 | +13.7% |
| Operating profit (loss) | 9901 | €34,993 | €42,372 | +€7,379 | +21.1% |
| Financial income | 75/76B | - | €1,221 | +€1,221 | |
| Recurring financial income | 75 | - | €1,221 | +€1,221 | |
| Financial charges | 65/66B | €797 | €653 | -€144 | -18.0% |
| Recurring financial charges | 65 | €797 | €653 | -€144 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €34,196 | €42,940 | +€8,744 | +25.6% |
| Income taxes | 67/77 | €11,571 | €13,617 | +€2,045 | +17.7% |
| Profit (loss) for the period | 9904 | €22,625 | €29,324 | +€6,699 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,625 | €29,324 | +€6,699 | +29.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.