LENTE: 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.
LENTE
Largest movements
- Tangible fixed assets +€95,563
up €95,563 (+13.8%), from €694,285 to €789,848
- Other debts +€129,085
up €129,085 (+45.2%), from €285,612 to €414,696
- Reserves -€17,749
no longer reported in 2025 (was €17,749)
of which Distributable reserves: -€15,849
- Profit (loss) carried forward -€13,812
down €13,812 (-246.9%), from -€5,595 to -€19,407
- Gross operating margin -€20,612
down €20,612, from €17,062 to -€3,549
- Depreciation +€5,050
up €5,050 (+24.7%), from €20,480 to €25,530
- Other operating charges +€1,573
up €1,573 (+68.8%), from €2,286 to €3,859
- Financial income +€1,383
up €1,383 (+300639.1%), from €0 to €1,383
of which Non-recurring financial income: +€1,383
- Taxes -€241
no longer reported in 2025 (was €241)
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 | €701,832 | €799,290 | +€97,458 | +13.9% |
| Fixed assets | 21/28 | €699,127 | €791,068 | +€91,941 | +13.2% |
| Intangible fixed assets | 21 | €4,842 | €1,220 | -€3,622 | -74.8% |
| Tangible fixed assets | 22/27 | €694,285 | €789,848 | +€95,563 | +13.8% |
| Land and buildings | 22 | €694,285 | €789,848 | +€95,563 | +13.8% |
| Current assets | 29/58 | €2,705 | €8,221 | +€5,517 | +203.9% |
| Amounts receivable within one year | 40/41 | €1,053 | €5,286 | +€4,234 | +402.2% |
| Trade receivables | 40 | €1,053 | €1 | -€1,052 | -100.0% |
| Other amounts receivable | 41 | - | €5,286 | +€5,286 | |
| Cash at bank and in hand | 54/58 | €1,652 | €2,935 | +€1,283 | +77.6% |
| Total equity and liabilities | 10/49 | €701,832 | €799,290 | +€97,458 | +13.9% |
| Equity | 10/15 | €416,154 | €384,593 | -€31,561 | -7.6% |
| Contributions | 10/11 | €404,000 | €404,000 | = | 0.0% |
| Capital | 10 | €404,000 | - | -€404,000 | |
| Issued capital | 100 | €404,000 | - | -€404,000 | |
| Outside capital | 11 | - | €404,000 | +€404,000 | |
| Other | 1109/19 | - | €404,000 | +€404,000 | |
| Reserves | 13 | €17,749 | - | -€17,749 | |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Legal reserve | 130 | €1,900 | - | -€1,900 | |
| Distributable reserves | 133 | €15,849 | - | -€15,849 | |
| Profit (loss) carried forward | 14 | -€5,595 | -€19,407 | -€13,812 | -246.9% |
| Amounts payable | 17/49 | €285,678 | €414,696 | +€129,018 | +45.2% |
| Amounts payable within one year | 42/48 | €285,678 | €414,696 | +€129,018 | +45.2% |
| Taxes, remuneration and social security | 45 | €66 | - | -€66 | |
| Taxes | 450/3 | €66 | - | -€66 | |
| Other amounts payable | 47/48 | €285,612 | €414,696 | +€129,085 | +45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,480 | €25,530 | +€5,050 | +24.7% |
| Other operating charges | 640/8 | €2,286 | €3,859 | +€1,573 | +68.8% |
| Gross operating margin | 9900 | €17,062 | -€3,549 | -€20,612 | |
| Operating profit (loss) | 9901 | -€5,703 | -€32,938 | -€27,235 | -477.5% |
| Financial income | 75/76B | €0 | €1,383 | +€1,383 | +300639.1% |
| Recurring financial income | 75 | €0 | €1,383 | +€1,383 | +300639.1% |
| Non-recurring financial income | 76B | - | €1,383 | +€1,383 | |
| Financial charges | 65/66B | €94 | €6 | -€87 | -93.2% |
| Recurring financial charges | 65 | €94 | €6 | -€87 | -93.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,796 | -€31,561 | -€25,765 | -444.5% |
| Income taxes | 67/77 | €241 | - | -€241 | |
| Profit (loss) for the period | 9904 | -€6,037 | -€31,561 | -€25,524 | -422.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,037 | -€31,561 | -€25,524 | -422.8% |
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 5 October 2026 via checked.be.