LENTEROM: 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.
What changed
LENTEROM
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€206,112
2023 · €64,470+€141,642
Equity
€8.4m
2023 · €8.2m+€206,112
Cash
€252,920
2023 · €174,293+€78,627
Balance sheet total
€11.8m
2023 · €11.7m+€117,395
Largest movements
Assets
- Current investments -€612,111
down €612,111 (-9.3%), from €6.6m to €6.0m
- Financial fixed assets +€511,250
up €511,250 (+104.6%), from €488,775 to €1.0m
- Tangible fixed assets +€140,308
up €140,308 (+6.7%), from €2.1m to €2.2m
of which Furniture and vehicles: +€76,076
Equity and liabilities
- Reserves +€206,112
up €206,112 (+2.5%), from €8.1m to €8.3m
of which Distributable reserves: +€212,820
- Debts after one year -€174,866
down €174,866 (-6.8%), from €2.6m to €2.4m
Income statement
- Financial income +€168,035
up €168,035 (+52.9%), from €317,828 to €485,863
- Taxes +€32,966
up €32,966 (+134.7%), from €24,465 to €57,432
- Depreciation +€17,324
up €17,324 (+20.7%), from €83,761 to €101,085
- Financial charges -€14,416
down €14,416 (-10.6%), from €135,975 to €121,560
- Gross operating margin +€6,062
up €6,062 (+189.3%), from €3,202 to €9,264
From the 2023 result to the 2024 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.
Result 2023
€64,470
Gross operating margin
+€6,062
Staff costs
+€157
Depreciation
-€17,324
Other operating charges
+€3,262
Financial income
+€168,035
Financial charges
+€14,416
Taxes
-€32,966
Result 2024
€206,112
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€392,954
Investment
-€140,532
Financing
-€173,796
Cash 2023
€174,293
From operations (derived)
+€392,954
Net result for the year
+€206,112
Depreciation
+€101,085
Receivables within one year
+€6,384
Deferred charges and accrued income
-€5,705
Provisions
-€2,236
Trade debts
-€5,353
Tax, wage and social debts
+€27,573
Other debts
+€56,511
Accrued charges and deferred income
+€8,585
Investment (derived)
-€140,532
Investment in fixed assets (net)
-€752,643
Current investments
+€612,111
Financing
-€173,796
Debts after one year
-€174,866
Current portion of long-term debt
+€1,070
Cash 2024
€252,920
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,708,499 | €11,825,894 | +€117,395 | +1.0% |
| Fixed assets | 21/28 | €2,572,845 | €3,224,403 | +€651,558 | +25.3% |
| Tangible fixed assets | 22/27 | €2,084,070 | €2,224,378 | +€140,308 | +6.7% |
| Land and buildings | 22 | €1,993,770 | €2,057,960 | +€64,191 | +3.2% |
| Plant, machinery and equipment | 23 | €42,559 | €42,601 | +€42 | +0.1% |
| Furniture and vehicles | 24 | €47,741 | €123,817 | +€76,076 | +159.3% |
| Financial fixed assets | 28 | €488,775 | €1,000,025 | +€511,250 | +104.6% |
| Current assets | 29/58 | €9,135,654 | €8,601,491 | -€534,163 | -5.8% |
| Amounts receivable after more than one year | 29 | €2,300,000 | €2,300,000 | = | 0.0% |
| Other amounts receivable | 291 | €2,300,000 | €2,300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,632 | €33,248 | -€6,384 | -16.1% |
| Trade receivables | 40 | €31,977 | €32,958 | +€982 | +3.1% |
| Other amounts receivable | 41 | €7,655 | €290 | -€7,366 | -96.2% |
| Current investments | 50/53 | €6,585,286 | €5,973,175 | -€612,111 | -9.3% |
| Cash at bank and in hand | 54/58 | €174,293 | €252,920 | +€78,627 | +45.1% |
| Deferred charges and accrued income | 490/1 | €36,443 | €42,148 | +€5,705 | +15.7% |
| Total equity and liabilities | 10/49 | €11,708,499 | €11,825,894 | +€117,395 | +1.0% |
| Equity | 10/15 | €8,152,103 | €8,358,215 | +€206,112 | +2.5% |
| Contributions | 10/11 | €50,122 | €50,122 | = | 0.0% |
| Reserves | 13 | €8,101,980 | €8,308,092 | +€206,112 | +2.5% |
| Tax-exempt reserves | 132 | €136,813 | €130,106 | -€6,708 | -4.9% |
| Distributable reserves | 133 | €7,965,167 | €8,177,987 | +€212,820 | +2.7% |
| Provisions and deferred taxes | 16 | €45,115 | €42,879 | -€2,236 | -5.0% |
| Deferred taxes | 168 | €45,115 | €42,879 | -€2,236 | -5.0% |
| Amounts payable | 17/49 | €3,511,281 | €3,424,800 | -€86,481 | -2.5% |
| Amounts payable after more than one year | 17 | €2,588,657 | €2,413,790 | -€174,866 | -6.8% |
| Financial debts | 170/4 | €2,588,657 | €2,413,790 | -€174,866 | -6.8% |
| Amounts payable within one year | 42/48 | €855,220 | €935,020 | +€79,800 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €173,796 | €174,866 | +€1,070 | +0.6% |
| Trade debts | 44 | €8,442 | €3,088 | -€5,353 | -63.4% |
| Suppliers | 440/4 | €8,442 | €3,088 | -€5,353 | -63.4% |
| Taxes, remuneration and social security | 45 | €12,790 | €40,362 | +€27,573 | +215.6% |
| Taxes | 450/3 | €11,765 | €39,627 | +€27,862 | +236.8% |
| Remuneration and social security | 454/9 | €1,025 | €735 | -€290 | -28.3% |
| Other amounts payable | 47/48 | €660,192 | €716,703 | +€56,511 | +8.6% |
| Accrued charges and deferred income | 492/3 | €67,404 | €75,989 | +€8,585 | +12.7% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €3,588 | €3,430 | -€157 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,761 | €101,085 | +€17,324 | +20.7% |
| Other operating charges | 640/8 | €11,006 | €7,745 | -€3,262 | -29.6% |
| Gross operating margin | 9900 | €3,202 | €9,264 | +€6,062 | +189.3% |
| Operating profit (loss) | 9901 | -€95,153 | -€102,996 | -€7,843 | -8.2% |
| Financial income | 75/76B | €317,828 | €485,863 | +€168,035 | +52.9% |
| Recurring financial income | 75 | €317,828 | €485,863 | +€168,035 | +52.9% |
| Financial charges | 65/66B | €135,975 | €121,560 | -€14,416 | -10.6% |
| Recurring financial charges | 65 | €135,975 | €121,560 | -€14,416 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €86,699 | €261,308 | +€174,608 | +201.4% |
| Transfer from deferred taxes | 780 | €2,236 | €2,236 | = | 0.0% |
| Income taxes | 67/77 | €24,465 | €57,432 | +€32,966 | +134.7% |
| Profit (loss) for the period | 9904 | €64,470 | €206,112 | +€141,642 | +219.7% |
| Transfer from tax-exempt reserves | 789 | €6,708 | €6,708 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,177 | €212,820 | +€141,642 | +199.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.