LENSSEN GEORGES: what changed
What changed
LENSSEN GEORGES
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€239,934
2024 · -€84,689-€155,245
Equity
€633,872
2024 · €873,806-€239,934
Cash
€11,143
2024 · €13,315-€2,172
Balance sheet total
€1.5m
2024 · €1.6m-€120,007
Largest movements
Assets
- Receivables within one year -€263,596
down €263,596 (-74.0%), from €356,166 to €92,570
of which Other amounts receivable: -€136,184
- Stocks and contracts +€242,332
up €242,332 (+40.0%), from €605,653 to €847,985
of which Stocks: +€173,669
- Financial fixed assets -€58,489
down €58,489 (-52.1%), from €112,200 to €53,711
- Current investments -€19,032
down €19,032 (-9.5%), from €200,369 to €181,336
Equity and liabilities
- Profit (loss) carried forward -€187,421
new in 2025: -€187,421
- Short-term financial debts +€125,000
up €125,000 (+167%), from €75,000 to €200,000
- Reserves -€52,513
down €52,513 (-19.2%), from €273,806 to €221,293
of which Distributable reserves: -€52,513
- Trade debts -€38,875
down €38,875 (-91.1%), from €42,663 to €3,787
- Accrued charges and deferred income +€17,835
up €17,835 (+73.7%), from €24,203 to €42,038
Income statement
- Financial charges +€177,023
up €177,023 (+748%), from €23,671 to €200,694
- Financial income +€25,728
up €25,728 (+59.2%), from €43,485 to €69,213
of which Non-recurring financial income: +€16,156
- Gross operating margin -€5,223
down €5,223 (-8.4%), from -€62,465 to -€67,689
- Other operating charges -€2,393
down €2,393 (-61.9%), from €3,866 to €1,474
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€84,689
Gross operating margin
-€5,223
Staff costs
-€528
Depreciation
-€542
Other operating charges
+€2,393
Financial income
+€25,728
Financial charges
-€177,023
Taxes
-€49
Result 2025
-€239,934
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€199,066
Investment
+€71,894
Financing
+€125,000
Cash 2024
€13,315
From operations (derived)
-€199,066
Net result for the year
-€239,934
Depreciation
+€16,164
Stocks and contracts
-€242,332
Receivables within one year
+€263,596
Deferred charges and accrued income
+€8,514
Trade debts
-€38,875
Tax, wage and social debts
-€254
Other debts
+€16,221
Accrued charges and deferred income
+€17,835
Investment (derived)
+€71,894
Investment in fixed assets (net)
+€52,861
Current investments
+€19,032
Financing
+€125,000
Short-term financial debts
+€125,000
Cash 2025
€11,143
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,596,021 | €1,476,014 | -€120,007 | -7.5% |
| Fixed assets | 21/28 | €398,753 | €329,727 | -€69,026 | -17.3% |
| Tangible fixed assets | 22/27 | €286,553 | €276,016 | -€10,536 | -3.7% |
| Land and buildings | 22 | €281,997 | €267,972 | -€14,025 | -5.0% |
| Furniture and vehicles | 24 | €1,986 | €5,883 | +€3,897 | +196% |
| Other tangible fixed assets | 26 | €2,569 | €2,161 | -€408 | -15.9% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €112,200 | €53,711 | -€58,489 | -52.1% |
| Current assets | 29/58 | €1,197,269 | €1,146,287 | -€50,982 | -4.3% |
| Stocks and contracts in progress | 3 | €605,653 | €847,985 | +€242,332 | +40.0% |
| Stocks | 30/36 | €565,894 | €739,563 | +€173,669 | +30.7% |
| Contracts in progress | 37 | €39,758 | €108,422 | +€68,663 | +173% |
| Amounts receivable within one year | 40/41 | €356,166 | €92,570 | -€263,596 | -74.0% |
| Trade receivables | 40 | €128,111 | €699 | -€127,412 | -99.5% |
| Other amounts receivable | 41 | €228,055 | €91,871 | -€136,184 | -59.7% |
| Current investments | 50/53 | €200,369 | €181,336 | -€19,032 | -9.5% |
| Cash at bank and in hand | 54/58 | €13,315 | €11,143 | -€2,172 | -16.3% |
| Deferred charges and accrued income | 490/1 | €21,766 | €13,252 | -€8,514 | -39.1% |
| Total equity and liabilities | 10/49 | €1,596,021 | €1,476,014 | -€120,007 | -7.5% |
| Equity | 10/15 | €873,806 | €633,872 | -€239,934 | -27.5% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €273,806 | €221,293 | -€52,513 | -19.2% |
| Non-distributable reserves | 130/1 | €60,000 | €60,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €60,000 | €60,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €331 | €331 | = | 0.0% |
| Distributable reserves | 133 | €213,475 | €160,963 | -€52,513 | -24.6% |
| Profit (loss) carried forward | 14 | - | -€187,421 | -€187,421 | |
| Amounts payable | 17/49 | €722,215 | €842,142 | +€119,926 | +16.6% |
| Amounts payable within one year | 42/48 | €698,012 | €800,104 | +€102,092 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €75,000 | €200,000 | +€125,000 | +167% |
| Credit institutions | 430/8 | €75,000 | €200,000 | +€125,000 | +167% |
| Trade debts | 44 | €42,663 | €3,787 | -€38,875 | -91.1% |
| Suppliers | 440/4 | €42,663 | €3,787 | -€38,875 | -91.1% |
| Taxes, remuneration and social security | 45 | €3,731 | €3,477 | -€254 | -6.8% |
| Taxes | 450/3 | €438 | €40 | -€398 | -90.9% |
| Remuneration and social security | 454/9 | €3,294 | €3,437 | +€144 | +4.4% |
| Other amounts payable | 47/48 | €576,618 | €592,839 | +€16,221 | +2.8% |
| Accrued charges and deferred income | 492/3 | €24,203 | €42,038 | +€17,835 | +73.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €21,918 | €22,446 | +€528 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,623 | €16,164 | +€542 | +3.5% |
| Other operating charges | 640/8 | €3,866 | €1,474 | -€2,393 | -61.9% |
| Gross operating margin | 9900 | -€62,465 | -€67,689 | -€5,223 | -8.4% |
| Operating profit (loss) | 9901 | -€103,872 | -€107,773 | -€3,901 | -3.8% |
| Financial income | 75/76B | €43,485 | €69,213 | +€25,728 | +59.2% |
| Recurring financial income | 75 | €43,485 | €53,058 | +€9,572 | +22.0% |
| Non-recurring financial income | 76B | - | €16,156 | +€16,156 | |
| Financial charges | 65/66B | €23,671 | €200,694 | +€177,023 | +748% |
| Recurring financial charges | 65 | €23,671 | €200,694 | +€177,023 | +748% |
| Profit (loss) for the period before taxes | 9903 | -€84,058 | -€239,254 | -€155,196 | -185% |
| Income taxes | 67/77 | €631 | €680 | +€49 | +7.8% |
| Profit (loss) for the period | 9904 | -€84,689 | -€239,934 | -€155,245 | -183% |
| Profit (loss) for the period to be appropriated | 9905 | -€84,689 | -€239,934 | -€155,245 | -183% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.