LENUX: what changed
Two financial 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.
LENUX
Largest movements
- Receivables within one year -€215,069
down €215,069 (-60.1%), from €358,047 to €142,978
of which Trade receivables: -€188,861
- Tangible fixed assets +€23,613
up €23,613 (+211205.2%), from €11 to €23,624
of which Leasing and similar rights: +€23,624
- Cash +€14,041
up €14,041 (+191.0%), from €7,349 to €21,390
mainly Receivables within one year (+€215,069) and Other debts (+€58,373)
- Profit (loss) carried forward -€175,656
down €175,656, from €124,675 to -€50,981
- Trade debts -€67,654
down €67,654 (-39.5%), from €171,392 to €103,738
- Other debts +€58,373
new in 2025: €58,373
- Tax, wage and social debts -€9,781
down €9,781 (-14.4%), from €67,841 to €58,060
of which Remuneration and social security: -€34,411
- Debts after one year +€9,327
new in 2025: €9,327
- Gross operating margin -€117,127
down €117,127 (-50.1%), from €233,566 to €116,440
- Staff costs +€88,846
up €88,846 (+86.2%), from €103,010 to €191,856
- Other operating charges +€60,212
up €60,212 (+8757.9%), from €688 to €60,900
- Taxes +€30,604
new in 2025: €30,604
- Depreciation +€6,702
up €6,702 (+676.2%), from €991 to €7,693
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 | €365,408 | €187,992 | -€177,416 | -48.6% |
| Fixed assets | 21/28 | €11 | €23,624 | +€23,613 | +211205.2% |
| Tangible fixed assets | 22/27 | €11 | €23,624 | +€23,613 | +211205.2% |
| Furniture and vehicles | 24 | €11 | - | -€11 | |
| Leasing and similar rights | 25 | - | €23,624 | +€23,624 | |
| Current assets | 29/58 | €365,397 | €164,368 | -€201,028 | -55.0% |
| Amounts receivable within one year | 40/41 | €358,047 | €142,978 | -€215,069 | -60.1% |
| Trade receivables | 40 | €331,839 | €142,978 | -€188,861 | -56.9% |
| Other amounts receivable | 41 | €26,208 | - | -€26,208 | |
| Cash at bank and in hand | 54/58 | €7,349 | €21,390 | +€14,041 | +191.0% |
| Total equity and liabilities | 10/49 | €365,408 | €187,992 | -€177,416 | -48.6% |
| Equity | 10/15 | €126,175 | -€49,481 | -€175,656 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,675 | -€50,981 | -€175,656 | |
| Amounts payable | 17/49 | €239,233 | €237,473 | -€1,759 | -0.7% |
| Amounts payable after more than one year | 17 | - | €9,327 | +€9,327 | |
| Financial debts | 170/4 | - | €9,327 | +€9,327 | |
| Amounts payable within one year | 42/48 | €239,233 | €226,062 | -€13,170 | -5.5% |
| Financial debts | 43 | - | €5,891 | +€5,891 | |
| Credit institutions | 430/8 | - | €5,891 | +€5,891 | |
| Trade debts | 44 | €171,392 | €103,738 | -€67,654 | -39.5% |
| Suppliers | 440/4 | €171,392 | €103,738 | -€67,654 | -39.5% |
| Taxes, remuneration and social security | 45 | €67,841 | €58,060 | -€9,781 | -14.4% |
| Taxes | 450/3 | €2,623 | €27,253 | +€24,630 | +939.0% |
| Remuneration and social security | 454/9 | €65,218 | €30,807 | -€34,411 | -52.8% |
| Other amounts payable | 47/48 | - | €58,373 | +€58,373 | |
| Accrued charges and deferred income | 492/3 | - | €2,084 | +€2,084 | |
| Remuneration, social security and pensions | 62 | €103,010 | €191,856 | +€88,846 | +86.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €991 | €7,693 | +€6,702 | +676.2% |
| Other operating charges | 640/8 | €688 | €60,900 | +€60,212 | +8757.9% |
| Gross operating margin | 9900 | €233,566 | €116,440 | -€117,127 | -50.1% |
| Operating profit (loss) | 9901 | €128,877 | -€144,010 | -€272,887 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €3,213 | €1,048 | -€2,165 | -67.4% |
| Recurring financial charges | 65 | €3,213 | €1,048 | -€2,165 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | €125,665 | -€145,052 | -€270,717 | |
| Income taxes | 67/77 | - | €30,604 | +€30,604 | |
| Profit (loss) for the period | 9904 | €125,665 | -€175,656 | -€301,321 | |
| Profit (loss) for the period to be appropriated | 9905 | €125,665 | -€175,656 | -€301,321 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.