LENTOO: 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.
LENTOO
Largest movements
- Cash +€157,677
up €157,677 (+27.4%), from €575,086 to €732,763
mainly Net result for the year (+€248,536) and Other debts (+€166,122)
- Current investments +€152,880
up €152,880 (+123.5%), from €123,747 to €276,627
- Tangible fixed assets -€40,219
down €40,219 (-8.3%), from €486,721 to €446,502
of which Land and buildings: -€29,317
- Other debts +€166,122
up €166,122, from €0 to €166,122
- Reserves +€82,592
up €82,592 (+7.7%), from €1.1m to €1.2m
of which Distributable reserves: +€91,031
- Tax, wage and social debts +€28,366
up €28,366 (+76.8%), from €36,937 to €65,303
- Gross operating margin +€42,496
up €42,496 (+11.8%), from €360,948 to €403,445
- Financial income +€12,035
up €12,035 (+2861.1%), from €421 to €12,455
- Depreciation +€9,085
up €9,085 (+29.2%), from €31,134 to €40,219
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 | €1,189,051 | €1,457,476 | +€268,425 | +22.6% |
| Fixed assets | 21/28 | €486,721 | €446,502 | -€40,219 | -8.3% |
| Tangible fixed assets | 22/27 | €486,721 | €446,502 | -€40,219 | -8.3% |
| Land and buildings | 22 | €434,026 | €404,710 | -€29,317 | -6.8% |
| Plant, machinery and equipment | 23 | €2,090 | €1,658 | -€432 | -20.7% |
| Furniture and vehicles | 24 | €50,605 | €40,135 | -€10,470 | -20.7% |
| Current assets | 29/58 | €702,330 | €1,010,974 | +€308,644 | +43.9% |
| Amounts receivable within one year | 40/41 | €1,834 | €809 | -€1,025 | -55.9% |
| Other amounts receivable | 41 | €1,834 | €809 | -€1,025 | -55.9% |
| Current investments | 50/53 | €123,747 | €276,627 | +€152,880 | +123.5% |
| Cash at bank and in hand | 54/58 | €575,086 | €732,763 | +€157,677 | +27.4% |
| Deferred charges and accrued income | 490/1 | €1,662 | €775 | -€887 | -53.4% |
| Total equity and liabilities | 10/49 | €1,189,051 | €1,457,476 | +€268,425 | +22.6% |
| Equity | 10/15 | €1,094,803 | €1,177,395 | +€82,592 | +7.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,076,253 | €1,158,845 | +€82,592 | +7.7% |
| Tax-exempt reserves | 132 | €187,490 | €179,052 | -€8,439 | -4.5% |
| Distributable reserves | 133 | €888,762 | €979,793 | +€91,031 | +10.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €49,672 | €46,859 | -€2,813 | -5.7% |
| Deferred taxes | 168 | €49,672 | €46,859 | -€2,813 | -5.7% |
| Amounts payable | 17/49 | €44,576 | €233,222 | +€188,646 | +423.2% |
| Amounts payable within one year | 42/48 | €37,061 | €231,474 | +€194,413 | +524.6% |
| Trade debts | 44 | €124 | €50 | -€74 | -59.9% |
| Suppliers | 440/4 | €124 | €50 | -€74 | -59.9% |
| Taxes, remuneration and social security | 45 | €36,937 | €65,303 | +€28,366 | +76.8% |
| Taxes | 450/3 | €36,937 | €65,303 | +€28,366 | +76.8% |
| Other amounts payable | 47/48 | €0 | €166,122 | +€166,122 | |
| Accrued charges and deferred income | 492/3 | €7,515 | €1,748 | -€5,767 | -76.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,134 | €40,219 | +€9,085 | +29.2% |
| Other operating charges | 640/8 | €8,571 | €7,595 | -€976 | -11.4% |
| Gross operating margin | 9900 | €360,948 | €403,445 | +€42,496 | +11.8% |
| Operating profit (loss) | 9901 | €321,243 | €355,631 | +€34,388 | +10.7% |
| Financial income | 75/76B | €421 | €12,455 | +€12,035 | +2861.1% |
| Recurring financial income | 75 | €421 | €12,455 | +€12,035 | +2861.1% |
| Financial charges | 65/66B | €1,390 | €2,234 | +€844 | +60.8% |
| Recurring financial charges | 65 | €1,390 | €2,234 | +€844 | +60.8% |
| Profit (loss) for the period before taxes | 9903 | €320,274 | €365,852 | +€45,578 | +14.2% |
| Transfer from deferred taxes | 780 | €14,767 | €2,813 | -€11,954 | -81.0% |
| Income taxes | 67/77 | €122,479 | €120,129 | -€2,350 | -1.9% |
| Profit (loss) for the period | 9904 | €212,562 | €248,536 | +€35,974 | +16.9% |
| Transfer from tax-exempt reserves | 789 | €44,300 | €8,439 | -€35,862 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €256,862 | €256,975 | +€113 | 0.0% |
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 3 October 2026 via checked.be.