LENSEA: 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.
LENSEA
Largest movements
- Receivables after one year +€47,693
new in 2025: €47,693
- Intangible fixed assets +€16,075
up €16,075 (+460.8%), from €3,489 to €19,564
- Cash +€11,910
up €11,910 (+36.2%), from €32,900 to €44,810
mainly Net result for the year (+€87,124) and Receivables within one year (+€8,575)
- Receivables within one year -€8,575
down €8,575 (-27.2%), from €31,574 to €22,999
of which Other amounts receivable: -€7,790
- Tangible fixed assets +€2,879
up €2,879 (+53.4%), from €5,387 to €8,266
of which Furniture and vehicles: +€2,879
- Profit (loss) carried forward +€87,124
up €87,124 (+637.2%), from €13,673 to €100,797
- Trade debts -€23,387
down €23,387 (-50.7%), from €46,118 to €22,731
- Investment grants +€6,041
new in 2025: €6,041
- Provisions +€2,014
new in 2025: €2,014
- Gross operating margin +€120,863
up €120,863 (+266.3%), from €45,388 to €166,251
- Staff costs +€32,379
up €32,379 (+353.0%), from €9,173 to €41,552
- Taxes +€20,289
up €20,289 (+323.5%), from €6,271 to €26,560
- Depreciation +€5,883
up €5,883 (+237.9%), from €2,473 to €8,356
- Financial income +€1,781
up €1,781 (+188.4%), from €945 to €2,726
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 | €76,966 | €149,204 | +€72,238 | +93.9% |
| Fixed assets | 21/28 | €9,026 | €28,181 | +€19,154 | +212.2% |
| Intangible fixed assets | 21 | €3,489 | €19,564 | +€16,075 | +460.8% |
| Tangible fixed assets | 22/27 | €5,387 | €8,266 | +€2,879 | +53.4% |
| Furniture and vehicles | 24 | €5,387 | €8,266 | +€2,879 | +53.4% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €151 | €351 | +€200 | +132.6% |
| Current assets | 29/58 | €67,940 | €121,023 | +€53,083 | +78.1% |
| Amounts receivable after more than one year | 29 | - | €47,693 | +€47,693 | |
| Other amounts receivable | 291 | - | €47,693 | +€47,693 | |
| Amounts receivable within one year | 40/41 | €31,574 | €22,999 | -€8,575 | -27.2% |
| Trade receivables | 40 | €785 | €0 | -€785 | -100.0% |
| Other amounts receivable | 41 | €30,789 | €22,999 | -€7,790 | -25.3% |
| Cash at bank and in hand | 54/58 | €32,900 | €44,810 | +€11,910 | +36.2% |
| Deferred charges and accrued income | 490/1 | €3,466 | €5,522 | +€2,056 | +59.3% |
| Total equity and liabilities | 10/49 | €76,966 | €149,204 | +€72,238 | +93.9% |
| Equity | 10/15 | €14,673 | €107,838 | +€93,165 | +634.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,673 | €100,797 | +€87,124 | +637.2% |
| Investment grants | 15 | - | €6,041 | +€6,041 | |
| Provisions and deferred taxes | 16 | - | €2,014 | +€2,014 | |
| Deferred taxes | 168 | - | €2,014 | +€2,014 | |
| Amounts payable | 17/49 | €62,293 | €39,352 | -€22,941 | -36.8% |
| Amounts payable within one year | 42/48 | €62,143 | €39,352 | -€22,791 | -36.7% |
| Trade debts | 44 | €46,118 | €22,731 | -€23,387 | -50.7% |
| Suppliers | 440/4 | €46,118 | €22,731 | -€23,387 | -50.7% |
| Taxes, remuneration and social security | 45 | €16,025 | €16,621 | +€596 | +3.7% |
| Taxes | 450/3 | €16,025 | €11,151 | -€4,874 | -30.4% |
| Remuneration and social security | 454/9 | €0 | €5,470 | +€5,470 | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €150 | €0 | -€150 | -100.0% |
| Remuneration, social security and pensions | 62 | €9,173 | €41,552 | +€32,379 | +353.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,473 | €8,356 | +€5,883 | +237.9% |
| Other operating charges | 640/8 | €706 | €2,221 | +€1,515 | +214.6% |
| Gross operating margin | 9900 | €45,388 | €166,251 | +€120,863 | +266.3% |
| Operating profit (loss) | 9901 | €33,036 | €114,123 | +€81,087 | +245.5% |
| Financial income | 75/76B | €945 | €2,726 | +€1,781 | +188.4% |
| Recurring financial income | 75 | €945 | €2,726 | +€1,781 | +188.4% |
| Financial charges | 65/66B | €3,397 | €3,651 | +€255 | +7.5% |
| Recurring financial charges | 65 | €3,397 | €3,651 | +€255 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €30,584 | €113,198 | +€82,613 | +270.1% |
| Transfer from deferred taxes | 780 | - | €486 | +€486 | |
| Income taxes | 67/77 | €6,271 | €26,560 | +€20,289 | +323.5% |
| Profit (loss) for the period | 9904 | €24,313 | €87,124 | +€62,811 | +258.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,313 | €87,124 | +€62,811 | +258.3% |
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 28 September 2026 via checked.be.