LENS CAR: 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.
LENS CAR
Largest movements
- Intangible fixed assets +€3.7m
up €3.7m (+49,967%), from €7,382 to €3.7m
- Cash +€667,000
up €667,000 (+1,199%), from €55,622 to €722,622
mainly Debts after one year (+€3.2m) and Net result for the year (+€1.0m)
- Receivables within one year -€358,116
down €358,116 (-18.2%), from €2.0m to €1.6m
of which Trade receivables: -€349,719
- Stocks and contracts +€285,069
up €285,069 (+37.7%), from €755,302 to €1.0m
of which Stocks: +€296,676
- Debts after one year +€3.2m
up €3.2m (+241%), from €1.3m to €4.5m
of which Financial debts: +€2.6m
- Current portion of long-term debt +€468,718
up €468,718 (+183%), from €255,665 to €724,383
- Profit (loss) carried forward +€253,293
up €253,293 (+34.5%), from €733,714 to €987,006
- Other debts +€199,882
up €199,882 (+26.6%), from €752,750 to €952,631
- Short-term financial debts +€171,449
up €171,449 (+22.0%), from €778,551 to €950,000
of which Credit institutions: +€311,114
- Depreciation +€429,065
up €429,065 (+222%), from €193,082 to €622,146
- Gross operating margin +€314,092
up €314,092 (+13.3%), from €2.4m to €2.7m
- Financial charges +€123,061
up €123,061 (+168%), from €73,380 to €196,441
- Staff costs -€72,401
down €72,401 (-13.6%), from €532,450 to €460,049
- Write-downs -€30,380
down €30,380, from €26,203 to -€4,177
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 | €5,075,511 | €9,430,737 | +€4.4m | +85.8% |
| Fixed assets | 21/28 | €2,278,668 | €6,027,794 | +€3.7m | +165% |
| Intangible fixed assets | 21 | €7,382 | €3,695,828 | +€3.7m | +49,967% |
| Tangible fixed assets | 22/27 | €2,260,944 | €2,321,124 | +€60,180 | +2.7% |
| Land and buildings | 22 | €1,956,453 | €1,841,672 | -€114,781 | -5.9% |
| Plant, machinery and equipment | 23 | €294,714 | €401,401 | +€106,688 | +36.2% |
| Furniture and vehicles | 24 | €9,777 | €78,050 | +€68,273 | +698% |
| Financial fixed assets | 28 | €10,342 | €10,842 | +€500 | +4.8% |
| Current assets | 29/58 | €2,796,843 | €3,402,942 | +€606,099 | +21.7% |
| Stocks and contracts in progress | 3 | €755,302 | €1,040,372 | +€285,069 | +37.7% |
| Stocks | 30/36 | €743,696 | €1,040,372 | +€296,676 | +39.9% |
| Contracts in progress | 37 | €11,607 | €0 | -€11,607 | -100% |
| Amounts receivable within one year | 40/41 | €1,972,020 | €1,613,904 | -€358,116 | -18.2% |
| Trade receivables | 40 | €1,951,957 | €1,602,238 | -€349,719 | -17.9% |
| Other amounts receivable | 41 | €20,063 | €11,665 | -€8,398 | -41.9% |
| Current investments | 50/53 | €1,015 | €1,021 | +€5 | +0.5% |
| Cash at bank and in hand | 54/58 | €55,622 | €722,622 | +€667,000 | +1,199% |
| Deferred charges and accrued income | 490/1 | €12,883 | €25,024 | +€12,141 | +94.2% |
| Total equity and liabilities | 10/49 | €5,075,511 | €9,430,737 | +€4.4m | +85.8% |
| Equity | 10/15 | €1,058,408 | €1,301,505 | +€243,097 | +23.0% |
| Contributions | 10/11 | €96,720 | €96,720 | = | 0.0% |
| Reserves | 13 | €132,500 | €132,500 | = | 0.0% |
| Distributable reserves | 133 | €132,500 | €132,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €733,714 | €987,006 | +€253,293 | +34.5% |
| Investment grants | 15 | €95,475 | €85,279 | -€10,196 | -10.7% |
| Provisions and deferred taxes | 16 | €13,257 | €11,610 | -€1,647 | -12.4% |
| Deferred taxes | 168 | €13,257 | €11,610 | -€1,647 | -12.4% |
| Amounts payable | 17/49 | €4,003,846 | €8,117,621 | +€4.1m | +103% |
| Amounts payable after more than one year | 17 | €1,319,491 | €4,505,948 | +€3.2m | +241% |
| Financial debts | 170/4 | €1,319,491 | €3,905,948 | +€2.6m | +196% |
| Other amounts payable | 178/9 | - | €600,000 | +€600,000 | |
| Amounts payable within one year | 42/48 | €2,673,105 | €3,587,871 | +€914,766 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €255,665 | €724,383 | +€468,718 | +183% |
| Financial debts | 43 | €778,551 | €950,000 | +€171,449 | +22.0% |
| Credit institutions | 430/8 | €638,886 | €950,000 | +€311,114 | +48.7% |
| Other loans | 439 | €139,665 | €0 | -€139,665 | -100% |
| Trade debts | 44 | €599,923 | €723,213 | +€123,290 | +20.6% |
| Suppliers | 440/4 | €599,923 | €723,213 | +€123,290 | +20.6% |
| Taxes, remuneration and social security | 45 | €286,217 | €237,644 | -€48,573 | -17.0% |
| Taxes | 450/3 | €209,313 | €186,580 | -€22,733 | -10.9% |
| Remuneration and social security | 454/9 | €76,904 | €51,064 | -€25,840 | -33.6% |
| Other amounts payable | 47/48 | €752,750 | €952,631 | +€199,882 | +26.6% |
| Accrued charges and deferred income | 492/3 | €11,250 | €23,803 | +€12,553 | +112% |
| Non-recurring operating income | 76A | €5,472 | €0 | -€5,472 | -100% |
| Remuneration, social security and pensions | 62 | €532,450 | €460,049 | -€72,401 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,082 | €622,146 | +€429,065 | +222% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,203 | -€4,177 | -€30,380 | |
| Other operating charges | 640/8 | €49,507 | €60,582 | +€11,075 | +22.4% |
| Gross operating margin | 9900 | €2,362,115 | €2,676,207 | +€314,092 | +13.3% |
| Operating profit (loss) | 9901 | €1,560,873 | €1,537,607 | -€23,266 | -1.5% |
| Financial income | 75/76B | €25,900 | €19,016 | -€6,884 | -26.6% |
| Recurring financial income | 75 | €25,900 | €19,016 | -€6,884 | -26.6% |
| Financial charges | 65/66B | €73,380 | €196,441 | +€123,061 | +168% |
| Recurring financial charges | 65 | €73,380 | €196,441 | +€123,061 | +168% |
| Profit (loss) for the period before taxes | 9903 | €1,513,394 | €1,360,183 | -€153,211 | -10.1% |
| Transfer from deferred taxes | 780 | €1,651 | €1,647 | -€5 | -0.3% |
| Income taxes | 67/77 | €387,783 | €358,537 | -€29,246 | -7.5% |
| Profit (loss) for the period | 9904 | €1,127,262 | €1,003,293 | -€123,970 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,127,262 | €1,003,293 | -€123,970 | -11.0% |
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 28 October 2026 via checked.be.