LENT'EMI: 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.
LENT'EMI
Largest movements
- Cash -€17,369
down €17,369 (-24.7%), from €70,241 to €52,872
mainly Contributions, distributions and other (-€50,833) and Debts after one year (-€26,666)
- Receivables within one year +€17,050
up €17,050 (+1,249%), from €1,365 to €18,415
of which Trade receivables: +€13,500
- Financial fixed assets +€14,875
up €14,875 (+9.7%), from €153,032 to €167,907
- Other debts +€42,267
up €42,267 (+1,581%), from €2,673 to €44,941
- Debts after one year -€26,666
down €26,666 (-54.8%), from €48,666 to €22,000
of which Financial debts: -€26,666
- Tax, wage and social debts +€4,654
up €4,654 (+164%), from €2,846 to €7,500
- Reserves -€3,686
down €3,686 (-2.7%), from €135,053 to €131,367
- Trade debts -€2,632
down €2,632 (-74.2%), from €3,547 to €916
- Gross operating margin +€3,649
up €3,649 (+5.4%), from €67,595 to €71,244
- Depreciation -€3,627
down €3,627 (-78.9%), from €4,597 to €970
- Taxes +€2,231
up €2,231 (+13.4%), from €16,635 to €18,866
- Financial charges -€1,162
down €1,162 (-27.0%), from €4,304 to €3,141
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 | €226,953 | €240,890 | +€13,937 | +6.1% |
| Fixed assets | 21/28 | €155,017 | €168,923 | +€13,905 | +9.0% |
| Tangible fixed assets | 22/27 | €1,986 | €1,016 | -€970 | -48.8% |
| Furniture and vehicles | 24 | €1,986 | €1,016 | -€970 | -48.8% |
| Financial fixed assets | 28 | €153,032 | €167,907 | +€14,875 | +9.7% |
| Current assets | 29/58 | €71,936 | €71,968 | +€32 | 0.0% |
| Amounts receivable within one year | 40/41 | €1,365 | €18,415 | +€17,050 | +1,249% |
| Trade receivables | 40 | - | €13,500 | +€13,500 | |
| Other amounts receivable | 41 | €1,365 | €4,915 | +€3,550 | +260% |
| Cash at bank and in hand | 54/58 | €70,241 | €52,872 | -€17,369 | -24.7% |
| Deferred charges and accrued income | 490/1 | €330 | €681 | +€351 | +106% |
| Total equity and liabilities | 10/49 | €226,953 | €240,890 | +€13,937 | +6.1% |
| Equity | 10/15 | €142,553 | €138,867 | -€3,686 | -2.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €135,053 | €131,367 | -€3,686 | -2.7% |
| Distributable reserves | 133 | €135,053 | €131,367 | -€3,686 | -2.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €84,400 | €102,023 | +€17,623 | +20.9% |
| Amounts payable after more than one year | 17 | €48,666 | €22,000 | -€26,666 | -54.8% |
| Financial debts | 170/4 | €26,666 | €0 | -€26,666 | -100% |
| Other amounts payable | 178/9 | €22,000 | €22,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,733 | €80,023 | +€44,290 | +124% |
| Current portion of amounts payable after more than one year | 42 | €26,667 | €26,666 | -€0 | 0.0% |
| Trade debts | 44 | €3,547 | €916 | -€2,632 | -74.2% |
| Suppliers | 440/4 | €3,547 | €916 | -€2,632 | -74.2% |
| Taxes, remuneration and social security | 45 | €2,846 | €7,500 | +€4,654 | +164% |
| Taxes | 450/3 | €2,846 | €7,500 | +€4,654 | +164% |
| Other amounts payable | 47/48 | €2,673 | €44,941 | +€42,267 | +1,581% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,597 | €970 | -€3,627 | -78.9% |
| Other operating charges | 640/8 | €1,086 | €1,120 | +€34 | +3.1% |
| Gross operating margin | 9900 | €67,595 | €71,244 | +€3,649 | +5.4% |
| Operating profit (loss) | 9901 | €61,912 | €69,154 | +€7,243 | +11.7% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €4,304 | €3,141 | -€1,162 | -27.0% |
| Recurring financial charges | 65 | €4,304 | €3,141 | -€1,162 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €57,611 | €66,013 | +€8,402 | +14.6% |
| Income taxes | 67/77 | €16,635 | €18,866 | +€2,231 | +13.4% |
| Profit (loss) for the period | 9904 | €40,976 | €47,147 | +€6,171 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,976 | €47,147 | +€6,171 | +15.1% |
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 23 October 2026 via checked.be.