LENZ: 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.
LENZ
Largest movements
- Cash +€34,734
up €34,734 (+24.3%), from €142,796 to €177,530
mainly Net result for the year (+€79,135) and Other debts (+€40,000)
- Tangible fixed assets -€27,124
down €27,124 (-7.6%), from €355,889 to €328,765
of which Land and buildings: -€13,795
- Stocks and contracts +€14,847
up €14,847 (+26.1%), from €56,976 to €71,823
- Receivables within one year -€6,332
down €6,332 (-36.8%), from €17,214 to €10,882
- Other debts +€40,000
up €40,000, from €0 to €40,000
- Reserves -€19,689
down €19,689 (-7.4%), from €265,682 to €245,993
- Debts after one year -€15,778
down €15,778 (-8.2%), from €191,874 to €176,097
- Tax, wage and social debts +€13,749
up €13,749 (+21.6%), from €63,785 to €77,534
of which Taxes: +€11,922
- Gross operating margin +€54,416
up €54,416 (+28.1%), from €193,524 to €247,940
- Staff costs +€23,780
up €23,780 (+35.0%), from €67,871 to €91,651
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.
Derived cash bridge
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 | €572,875 | €589,000 | +€16,125 | +2.8% |
| Fixed assets | 21/28 | €355,889 | €328,765 | -€27,124 | -7.6% |
| Tangible fixed assets | 22/27 | €355,889 | €328,765 | -€27,124 | -7.6% |
| Land and buildings | 22 | €287,629 | €273,834 | -€13,795 | -4.8% |
| Plant, machinery and equipment | 23 | €29,826 | €25,743 | -€4,084 | -13.7% |
| Furniture and vehicles | 24 | €38,433 | €29,187 | -€9,246 | -24.1% |
| Current assets | 29/58 | €216,986 | €260,235 | +€43,249 | +19.9% |
| Stocks and contracts in progress | 3 | €56,976 | €71,823 | +€14,847 | +26.1% |
| Stocks | 30/36 | €56,976 | €71,823 | +€14,847 | +26.1% |
| Amounts receivable within one year | 40/41 | €17,214 | €10,882 | -€6,332 | -36.8% |
| Other amounts receivable | 41 | €17,214 | €10,882 | -€6,332 | -36.8% |
| Cash at bank and in hand | 54/58 | €142,796 | €177,530 | +€34,734 | +24.3% |
| Total equity and liabilities | 10/49 | €572,875 | €589,000 | +€16,125 | +2.8% |
| Equity | 10/15 | €284,282 | €264,593 | -€19,689 | -6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €265,682 | €245,993 | -€19,689 | -7.4% |
| Distributable reserves | 133 | €265,682 | €245,993 | -€19,689 | -7.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €288,593 | €324,407 | +€35,814 | +12.4% |
| Amounts payable after more than one year | 17 | €191,874 | €176,097 | -€15,778 | -8.2% |
| Financial debts | 170/4 | €191,874 | €176,097 | -€15,778 | -8.2% |
| Amounts payable within one year | 42/48 | €96,718 | €148,310 | +€51,592 | +53.3% |
| Current portion of amounts payable after more than one year | 42 | €15,520 | €15,778 | +€258 | +1.7% |
| Trade debts | 44 | €17,414 | €14,998 | -€2,415 | -13.9% |
| Suppliers | 440/4 | €17,414 | €14,998 | -€2,415 | -13.9% |
| Taxes, remuneration and social security | 45 | €63,785 | €77,534 | +€13,749 | +21.6% |
| Taxes | 450/3 | €59,844 | €71,766 | +€11,922 | +19.9% |
| Remuneration and social security | 454/9 | €3,941 | €5,768 | +€1,827 | +46.3% |
| Other amounts payable | 47/48 | €0 | €40,000 | +€40,000 | |
| Non-recurring operating income | 76A | - | €41 | +€41 | |
| Remuneration, social security and pensions | 62 | €67,871 | €91,651 | +€23,780 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,410 | €29,685 | -€725 | -2.4% |
| Other operating charges | 640/8 | €3,388 | €2,034 | -€1,354 | -40.0% |
| Non-recurring operating charges | 66A | - | €12 | +€12 | |
| Gross operating margin | 9900 | €193,524 | €247,940 | +€54,416 | +28.1% |
| Operating profit (loss) | 9901 | €91,855 | €124,558 | +€32,703 | +35.6% |
| Financial income | 75/76B | €423 | €788 | +€365 | +86.3% |
| Recurring financial income | 75 | €423 | €788 | +€365 | +86.3% |
| Financial charges | 65/66B | €26,288 | €28,705 | +€2,417 | +9.2% |
| Recurring financial charges | 65 | €26,288 | €28,705 | +€2,417 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €65,990 | €96,641 | +€30,651 | +46.4% |
| Income taxes | 67/77 | €18,714 | €17,507 | -€1,208 | -6.5% |
| Profit (loss) for the period | 9904 | €47,276 | €79,135 | +€31,859 | +67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,276 | €79,135 | +€31,859 | +67.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.