LENS: 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.
LENS
Largest movements
- Tangible fixed assets -€98,745
down €98,745 (-15.1%), from €654,995 to €556,250
of which Other tangible fixed assets: -€98,627
- Cash +€69,664
up €69,664 (+14.2%), from €489,059 to €558,723
mainly Depreciation (+€98,745) and Net result for the year (+€27,310)
- Current portion of long-term debt -€33,090
down €33,090 (-65.7%), from €50,333 to €17,243
- Profit (loss) carried forward +€27,310
up €27,310 (+14.4%), from -€189,783 to -€162,474
- Debts after one year -€17,243
down €17,243 (-100.0%), from €17,243 to €0
- Gross operating margin +€29,683
up €29,683 (+26.0%), from €114,003 to €143,686
- Depreciation +€1,685
up €1,685 (+1.7%), from €97,060 to €98,745
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 | €1,544,054 | €1,514,973 | -€29,081 | -1.9% |
| Fixed assets | 21/28 | €654,995 | €556,250 | -€98,745 | -15.1% |
| Tangible fixed assets | 22/27 | €654,995 | €556,250 | -€98,745 | -15.1% |
| Land and buildings | 22 | €327,255 | €327,136 | -€119 | 0.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €327,740 | €229,114 | -€98,627 | -30.1% |
| Current assets | 29/58 | €889,059 | €958,723 | +€69,664 | +7.8% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Current investments | 50/53 | €400,000 | €400,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €489,059 | €558,723 | +€69,664 | +14.2% |
| Total equity and liabilities | 10/49 | €1,544,054 | €1,514,973 | -€29,081 | -1.9% |
| Equity | 10/15 | €1,438,167 | €1,465,476 | +€27,310 | +1.9% |
| Contributions | 10/11 | €872,000 | €872,000 | = | 0.0% |
| Capital | 10 | €872,000 | €872,000 | = | 0.0% |
| Issued capital | 100 | €872,000 | €872,000 | = | 0.0% |
| Reserves | 13 | €755,950 | €755,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €87,200 | €87,200 | = | 0.0% |
| Legal reserve | 130 | €87,200 | €87,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €650,000 | €650,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€189,783 | -€162,474 | +€27,310 | +14.4% |
| Amounts payable | 17/49 | €105,887 | €49,496 | -€56,391 | -53.3% |
| Amounts payable after more than one year | 17 | €17,243 | €0 | -€17,243 | -100.0% |
| Financial debts | 170/4 | €17,243 | €0 | -€17,243 | -100.0% |
| Amounts payable within one year | 42/48 | €88,644 | €49,496 | -€39,148 | -44.2% |
| Current portion of amounts payable after more than one year | 42 | €50,333 | €17,243 | -€33,090 | -65.7% |
| Taxes, remuneration and social security | 45 | €316 | €1,015 | +€699 | +221.5% |
| Taxes | 450/3 | €316 | €1,015 | +€699 | +221.5% |
| Other amounts payable | 47/48 | €37,996 | €31,238 | -€6,757 | -17.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,060 | €98,745 | +€1,685 | +1.7% |
| Other operating charges | 640/8 | €15,342 | €14,558 | -€784 | -5.1% |
| Gross operating margin | 9900 | €114,003 | €143,686 | +€29,683 | +26.0% |
| Operating profit (loss) | 9901 | €1,601 | €30,382 | +€28,782 | +1797.9% |
| Financial income | 75/76B | €1,092 | €0 | -€1,092 | -100.0% |
| Recurring financial income | 75 | €1,092 | €0 | -€1,092 | -100.0% |
| Financial charges | 65/66B | €3,053 | €2,373 | -€680 | -22.3% |
| Recurring financial charges | 65 | €3,053 | €2,373 | -€680 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€360 | €28,009 | +€28,369 | |
| Income taxes | 67/77 | €644 | €699 | +€56 | +8.7% |
| Profit (loss) for the period | 9904 | -€1,004 | €27,310 | +€28,313 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,004 | €27,310 | +€28,313 |
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 6 October 2026 via checked.be.