Lentzen Frank: what changed
Lentzen Frank
Largest movements
- Tangible fixed assets -€25,161
down €25,161 (-38.4%), from €65,523 to €40,362
of which Furniture and vehicles: -€24,661
- Receivables within one year +€3,017
up €3,017 (+24.5%), from €12,313 to €15,330
of which Other amounts receivable: +€5,075
- Cash +€2,162
up €2,162 (+1.9%), from €116,204 to €118,365
mainly Depreciation (+€28,047) and Net result for the year (+€22,029)
- Profit (loss) carried forward +€22,029
up €22,029 (+17.8%), from €123,744 to €145,773
- Trade debts -€14,206
down €14,206 (-88.3%), from €16,090 to €1,884
- Tax, wage and social debts -€12,343
down €12,343 (-77.9%), from €15,854 to €3,511
of which Taxes: -€11,776
- Debts after one year -€10,447
down €10,447 (-92.2%), from €11,329 to €881
- Current portion of long-term debt -€5,741
down €5,741 (-35.5%), from €16,189 to €10,447
- Gross operating margin -€18,839
down €18,839 (-21.8%), from €86,286 to €67,447
- Taxes -€7,362
down €7,362 (-48.2%), from €15,287 to €7,925
- Staff costs +€6,690
up €6,690 (+522%), from €1,282 to €7,972
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €194,305 | €174,471 | -€19,833 | -10.2% |
| Fixed assets | 21/28 | €65,523 | €40,362 | -€25,161 | -38.4% |
| Tangible fixed assets | 22/27 | €65,523 | €40,362 | -€25,161 | -38.4% |
| Land and buildings | 22 | €1,129 | €630 | -€500 | -44.3% |
| Furniture and vehicles | 24 | €64,393 | €39,733 | -€24,661 | -38.3% |
| Current assets | 29/58 | €128,782 | €134,109 | +€5,327 | +4.1% |
| Amounts receivable within one year | 40/41 | €12,313 | €15,330 | +€3,017 | +24.5% |
| Trade receivables | 40 | €12,313 | €10,255 | -€2,058 | -16.7% |
| Other amounts receivable | 41 | - | €5,075 | +€5,075 | |
| Cash at bank and in hand | 54/58 | €116,204 | €118,365 | +€2,162 | +1.9% |
| Deferred charges and accrued income | 490/1 | €265 | €414 | +€149 | +56.2% |
| Total equity and liabilities | 10/49 | €194,305 | €174,471 | -€19,833 | -10.2% |
| Equity | 10/15 | €133,744 | €155,773 | +€22,029 | +16.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,744 | €145,773 | +€22,029 | +17.8% |
| Amounts payable | 17/49 | €60,561 | €18,698 | -€41,862 | -69.1% |
| Amounts payable after more than one year | 17 | €11,329 | €881 | -€10,447 | -92.2% |
| Financial debts | 170/4 | €11,329 | €881 | -€10,447 | -92.2% |
| Amounts payable within one year | 42/48 | €48,132 | €17,817 | -€30,315 | -63.0% |
| Current portion of amounts payable after more than one year | 42 | €16,189 | €10,447 | -€5,741 | -35.5% |
| Trade debts | 44 | €16,090 | €1,884 | -€14,206 | -88.3% |
| Suppliers | 440/4 | €16,090 | €1,884 | -€14,206 | -88.3% |
| Taxes, remuneration and social security | 45 | €15,854 | €3,511 | -€12,343 | -77.9% |
| Taxes | 450/3 | €15,287 | €3,511 | -€11,776 | -77.0% |
| Remuneration and social security | 454/9 | €567 | - | -€567 | |
| Other amounts payable | 47/48 | - | €1,975 | +€1,975 | |
| Accrued charges and deferred income | 492/3 | €1,100 | - | -€1,100 | |
| Remuneration, social security and pensions | 62 | €1,282 | €7,972 | +€6,690 | +522% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,753 | €28,047 | +€293 | +1.1% |
| Other operating charges | 640/8 | €671 | €751 | +€80 | +11.9% |
| Gross operating margin | 9900 | €86,286 | €67,447 | -€18,839 | -21.8% |
| Operating profit (loss) | 9901 | €56,580 | €30,677 | -€25,903 | -45.8% |
| Financial charges | 65/66B | €1,370 | €723 | -€647 | -47.2% |
| Recurring financial charges | 65 | €1,370 | €723 | -€647 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €55,210 | €29,954 | -€25,256 | -45.7% |
| Income taxes | 67/77 | €15,287 | €7,925 | -€7,362 | -48.2% |
| Profit (loss) for the period | 9904 | €39,923 | €22,029 | -€17,894 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,923 | €22,029 | -€17,894 | -44.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.