LENTO MANAGEMENT: 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.
LENTO MANAGEMENT
Largest movements
- Current investments +€168,992
up €168,992 (+606.2%), from €27,879 to €196,872
- Cash -€60,502
down €60,502 (-11.7%), from €515,264 to €454,762
mainly Current investments (-€168,992) and Investment in fixed assets (net) (-€95,341)
- Tangible fixed assets +€42,485
up €42,485 (+5.3%), from €798,944 to €841,429
of which Furniture and vehicles: +€53,073
- Reserves +€162,478
up €162,478 (+16.9%), from €964,056 to €1.1m
of which Distributable reserves: +€162,478
- Debts after one year -€42,696
down €42,696 (-17.6%), from €243,011 to €200,316
- Other debts +€30,629
up €30,629 (+50.4%), from €60,814 to €91,443
- Tax, wage and social debts +€24,341
up €24,341 (+76.3%), from €31,903 to €56,244
- Current portion of long-term debt -€21,063
down €21,063 (-18.8%), from €112,305 to €91,241
- Depreciation -€9,494
down €9,494 (-15.2%), from €62,350 to €52,856
- Financial income +€7,870
up €7,870 (+330.9%), from €2,378 to €10,248
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 | €1,443,065 | €1,593,623 | +€150,558 | +10.4% |
| Fixed assets | 21/28 | €798,944 | €841,429 | +€42,485 | +5.3% |
| Tangible fixed assets | 22/27 | €798,944 | €841,429 | +€42,485 | +5.3% |
| Land and buildings | 22 | €589,353 | €561,982 | -€27,370 | -4.6% |
| Plant, machinery and equipment | 23 | €141,553 | €158,335 | +€16,782 | +11.9% |
| Furniture and vehicles | 24 | €68,039 | €121,112 | +€53,073 | +78.0% |
| Current assets | 29/58 | €644,120 | €752,194 | +€108,074 | +16.8% |
| Amounts receivable within one year | 40/41 | €97,311 | €94,064 | -€3,247 | -3.3% |
| Trade receivables | 40 | €82,103 | €83,684 | +€1,581 | +1.9% |
| Other amounts receivable | 41 | €15,208 | €10,380 | -€4,828 | -31.7% |
| Current investments | 50/53 | €27,879 | €196,872 | +€168,992 | +606.2% |
| Cash at bank and in hand | 54/58 | €515,264 | €454,762 | -€60,502 | -11.7% |
| Deferred charges and accrued income | 490/1 | €3,666 | €6,496 | +€2,830 | +77.2% |
| Total equity and liabilities | 10/49 | €1,443,065 | €1,593,623 | +€150,558 | +10.4% |
| Equity | 10/15 | €982,656 | €1,145,134 | +€162,478 | +16.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €964,056 | €1,126,534 | +€162,478 | +16.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €962,196 | €1,124,674 | +€162,478 | +16.9% |
| Amounts payable | 17/49 | €460,409 | €448,489 | -€11,920 | -2.6% |
| Amounts payable after more than one year | 17 | €243,011 | €200,316 | -€42,696 | -17.6% |
| Financial debts | 170/4 | €243,011 | €200,316 | -€42,696 | -17.6% |
| Amounts payable within one year | 42/48 | €211,675 | €241,267 | +€29,591 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €112,305 | €91,241 | -€21,063 | -18.8% |
| Trade debts | 44 | €6,654 | €2,340 | -€4,315 | -64.8% |
| Suppliers | 440/4 | €6,654 | €2,340 | -€4,315 | -64.8% |
| Taxes, remuneration and social security | 45 | €31,903 | €56,244 | +€24,341 | +76.3% |
| Taxes | 450/3 | €31,903 | €56,244 | +€24,341 | +76.3% |
| Other amounts payable | 47/48 | €60,814 | €91,443 | +€30,629 | +50.4% |
| Accrued charges and deferred income | 492/3 | €5,722 | €6,906 | +€1,184 | +20.7% |
| Non-recurring operating income | 76A | - | €5,851 | +€5,851 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,350 | €52,856 | -€9,494 | -15.2% |
| Other operating charges | 640/8 | €3,295 | €3,204 | -€91 | -2.8% |
| Non-recurring operating charges | 66A | - | €7,482 | +€7,482 | |
| Gross operating margin | 9900 | €392,360 | €394,522 | +€2,162 | +0.6% |
| Operating profit (loss) | 9901 | €326,715 | €330,979 | +€4,264 | +1.3% |
| Financial income | 75/76B | €2,378 | €10,248 | +€7,870 | +330.9% |
| Recurring financial income | 75 | €2,378 | €10,248 | +€7,870 | +330.9% |
| Financial charges | 65/66B | €11,943 | €12,640 | +€696 | +5.8% |
| Recurring financial charges | 65 | €11,943 | €12,640 | +€696 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €317,150 | €328,587 | +€11,438 | +3.6% |
| Income taxes | 67/77 | €97,698 | €100,409 | +€2,711 | +2.8% |
| Profit (loss) for the period | 9904 | €219,451 | €228,178 | +€8,726 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €219,451 | €228,178 | +€8,726 | +4.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.