LENTAX: 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.
LENTAX
Largest movements
- Receivables within one year +€4,278
up €4,278 (+25.7%), from €16,643 to €20,921
of which Trade receivables: +€2,362
- Cash +€3,462
up €3,462 (+34.4%), from €10,051 to €13,513
mainly Net result for the year (+€3,168) and Investment in fixed assets (net) (+€2,758)
- Tangible fixed assets -€3,424
down €3,424 (-77.5%), from €4,418 to €994
of which Plant, machinery and equipment: -€2,757
- Reserves +€3,168
up €3,168 (+39600.0%), from €8 to €3,176
of which Distributable reserves: +€3,168
- Trade debts +€875
up €875 (+16.6%), from €5,266 to €6,141
- Gross operating margin -€8,812
down €8,812 (-57.4%), from €15,362 to €6,550
- Taxes -€1,153
down €1,153 (-42.4%), from €2,719 to €1,566
- Depreciation -€957
down €957 (-59.0%), from €1,623 to €666
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 | €35,923 | €40,207 | +€4,284 | +11.9% |
| Fixed assets | 21/28 | €8,818 | €5,394 | -€3,424 | -38.8% |
| Tangible fixed assets | 22/27 | €4,418 | €994 | -€3,424 | -77.5% |
| Plant, machinery and equipment | 23 | €2,757 | - | -€2,757 | |
| Furniture and vehicles | 24 | €1,661 | €994 | -€667 | -40.2% |
| Financial fixed assets | 28 | €4,400 | €4,400 | = | 0.0% |
| Current assets | 29/58 | €27,105 | €34,813 | +€7,708 | +28.4% |
| Amounts receivable within one year | 40/41 | €16,643 | €20,921 | +€4,278 | +25.7% |
| Trade receivables | 40 | €8,474 | €10,836 | +€2,362 | +27.9% |
| Other amounts receivable | 41 | €8,169 | €10,085 | +€1,916 | +23.5% |
| Cash at bank and in hand | 54/58 | €10,051 | €13,513 | +€3,462 | +34.4% |
| Deferred charges and accrued income | 490/1 | €411 | €379 | -€32 | -7.8% |
| Total equity and liabilities | 10/49 | €35,923 | €40,207 | +€4,284 | +11.9% |
| Equity | 10/15 | €30,657 | €33,825 | +€3,168 | +10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8 | €3,176 | +€3,168 | +39600.0% |
| Tax-exempt reserves | 132 | €8 | €8 | = | 0.0% |
| Distributable reserves | 133 | - | €3,168 | +€3,168 | |
| Profit (loss) carried forward | 14 | €12,049 | €12,049 | = | 0.0% |
| Amounts payable | 17/49 | €5,266 | €6,382 | +€1,116 | +21.2% |
| Amounts payable within one year | 42/48 | €5,266 | €6,382 | +€1,116 | +21.2% |
| Trade debts | 44 | €5,266 | €6,141 | +€875 | +16.6% |
| Suppliers | 440/4 | €5,266 | €6,141 | +€875 | +16.6% |
| Taxes, remuneration and social security | 45 | - | €241 | +€241 | |
| Taxes | 450/3 | - | €241 | +€241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,623 | €666 | -€957 | -59.0% |
| Other operating charges | 640/8 | €1,031 | €1,047 | +€16 | +1.6% |
| Gross operating margin | 9900 | €15,362 | €6,550 | -€8,812 | -57.4% |
| Operating profit (loss) | 9901 | €12,708 | €4,837 | -€7,871 | -61.9% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €100 | €103 | +€3 | +3.0% |
| Recurring financial charges | 65 | €100 | €103 | +€3 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €12,610 | €4,734 | -€7,876 | -62.5% |
| Income taxes | 67/77 | €2,719 | €1,566 | -€1,153 | -42.4% |
| Profit (loss) for the period | 9904 | €9,891 | €3,168 | -€6,723 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,891 | €3,168 | -€6,723 | -68.0% |
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 1 October 2026 via checked.be.