LENOVER: 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.
LENOVER
Largest movements
- Cash +€29,674
up €29,674 (+39.0%), from €76,096 to €105,770
mainly Net result for the year (+€58,171) and Other debts (+€48,870)
- Tangible fixed assets +€4,819
new in 2025: €4,819
- Other debts +€48,870
up €48,870 (+1057.7%), from €4,620 to €53,491
- Reserves -€16,829
down €16,829 (-19.4%), from €86,592 to €69,763
- Financial charges +€60,657
up €60,657 (+23627.7%), from €257 to €60,914
of which Non-recurring financial charges: +€60,723
- Gross operating margin +€33,161
up €33,161 (+31.7%), from €104,738 to €137,898
- Taxes -€8,768
down €8,768 (-34.8%), from €25,166 to €16,398
- Financial income -€6,477
no longer reported in 2025 (was €6,477)
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 | €107,093 | €140,775 | +€33,682 | +31.5% |
| Fixed assets | 21/28 | - | €4,819 | +€4,819 | |
| Tangible fixed assets | 22/27 | - | €4,819 | +€4,819 | |
| Furniture and vehicles | 24 | - | €4,819 | +€4,819 | |
| Current assets | 29/58 | €107,093 | €135,956 | +€28,864 | +27.0% |
| Amounts receivable within one year | 40/41 | €30,997 | €30,186 | -€811 | -2.6% |
| Trade receivables | 40 | €21,161 | €21,584 | +€423 | +2.0% |
| Other amounts receivable | 41 | €9,836 | €8,602 | -€1,234 | -12.5% |
| Cash at bank and in hand | 54/58 | €76,096 | €105,770 | +€29,674 | +39.0% |
| Total equity and liabilities | 10/49 | €107,093 | €140,775 | +€33,682 | +31.5% |
| Equity | 10/15 | €89,092 | €72,263 | -€16,829 | -18.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €86,592 | €69,763 | -€16,829 | -19.4% |
| Distributable reserves | 133 | €86,592 | €69,763 | -€16,829 | -19.4% |
| Amounts payable | 17/49 | €18,001 | €68,513 | +€50,512 | +280.6% |
| Amounts payable within one year | 42/48 | €18,001 | €68,513 | +€50,512 | +280.6% |
| Trade debts | 44 | €161 | €1,527 | +€1,366 | +848.3% |
| Suppliers | 440/4 | €161 | €1,527 | +€1,366 | +848.3% |
| Taxes, remuneration and social security | 45 | €13,220 | €13,495 | +€275 | +2.1% |
| Taxes | 450/3 | €13,220 | €13,495 | +€275 | +2.1% |
| Other amounts payable | 47/48 | €4,620 | €53,491 | +€48,870 | +1057.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,025 | +€1,025 | |
| Other operating charges | 640/8 | €1,320 | €1,391 | +€71 | +5.4% |
| Gross operating margin | 9900 | €104,738 | €137,898 | +€33,161 | +31.7% |
| Operating profit (loss) | 9901 | €103,418 | €135,482 | +€32,065 | +31.0% |
| Financial income | 75/76B | €6,477 | - | -€6,477 | |
| Recurring financial income | 75 | €6,477 | - | -€6,477 | |
| Financial charges | 65/66B | €257 | €60,914 | +€60,657 | +23627.7% |
| Recurring financial charges | 65 | €257 | €191 | -€66 | -25.6% |
| Non-recurring financial charges | 66B | - | €60,723 | +€60,723 | |
| Profit (loss) for the period before taxes | 9903 | €109,638 | €74,568 | -€35,070 | -32.0% |
| Income taxes | 67/77 | €25,166 | €16,398 | -€8,768 | -34.8% |
| Profit (loss) for the period | 9904 | €84,472 | €58,171 | -€26,301 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €84,472 | €58,171 | -€26,301 | -31.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.