Lepinois Development: what changed
Lepinois Development
Largest movements
- Cash +€30,588
up €30,588 (+65.0%), from €47,064 to €77,652
mainly Net result for the year (+€41,964) and Tax, wage and social debts (+€16,842)
- Receivables within one year -€12,087
down €12,087 (-57.9%), from €20,882 to €8,795
of which Other amounts receivable: -€7,535
- Deferred charges and accrued income +€11,509
up €11,509 (+2,098%), from €549 to €12,058
- Profit (loss) carried forward +€41,964
new in 2025: €41,964
- Other debts -€31,274
down €31,274 (-99.6%), from €31,387 to €113
- Tax, wage and social debts +€16,842
up €16,842 (+249%), from €6,772 to €23,613
- Trade debts +€1,510
up €1,510 (+2,017%), from €75 to €1,585
- Gross operating margin +€19,872
up €19,872 (+48.7%), from €40,828 to €60,701
- Taxes +€8,366
up €8,366 (+100%), from €8,352 to €16,718
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 | €73,544 | €102,585 | +€29,041 | +39.5% |
| Fixed assets | 21/28 | €5,050 | €4,082 | -€968 | -19.2% |
| Tangible fixed assets | 22/27 | €4,550 | €4,082 | -€468 | -10.3% |
| Furniture and vehicles | 24 | €4,550 | €4,082 | -€468 | -10.3% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €68,494 | €98,504 | +€30,009 | +43.8% |
| Amounts receivable within one year | 40/41 | €20,882 | €8,795 | -€12,087 | -57.9% |
| Trade receivables | 40 | €13,347 | €8,795 | -€4,553 | -34.1% |
| Other amounts receivable | 41 | €7,535 | - | -€7,535 | |
| Cash at bank and in hand | 54/58 | €47,064 | €77,652 | +€30,588 | +65.0% |
| Deferred charges and accrued income | 490/1 | €549 | €12,058 | +€11,509 | +2,098% |
| Total equity and liabilities | 10/49 | €73,544 | €102,585 | +€29,041 | +39.5% |
| Equity | 10/15 | €35,311 | €77,274 | +€41,964 | +119% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,311 | €32,311 | = | 0.0% |
| Distributable reserves | 133 | €32,311 | €32,311 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €41,964 | +€41,964 | |
| Amounts payable | 17/49 | €38,233 | €25,311 | -€12,922 | -33.8% |
| Amounts payable within one year | 42/48 | €38,233 | €25,311 | -€12,922 | -33.8% |
| Trade debts | 44 | €75 | €1,585 | +€1,510 | +2,017% |
| Suppliers | 440/4 | €75 | €1,585 | +€1,510 | +2,017% |
| Taxes, remuneration and social security | 45 | €6,772 | €23,613 | +€16,842 | +249% |
| Taxes | 450/3 | €6,772 | €23,613 | +€16,842 | +249% |
| Other amounts payable | 47/48 | €31,387 | €113 | -€31,274 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,395 | €1,831 | -€564 | -23.5% |
| Other operating charges | 640/8 | €69 | €96 | +€26 | +38.2% |
| Gross operating margin | 9900 | €40,828 | €60,701 | +€19,872 | +48.7% |
| Operating profit (loss) | 9901 | €38,363 | €58,774 | +€20,410 | +53.2% |
| Financial income | 75/76B | €426 | €1 | -€425 | -99.7% |
| Recurring financial income | 75 | €412 | €1 | -€410 | -99.7% |
| Non-recurring financial income | 76B | €14 | €1 | -€13 | -91.8% |
| Financial charges | 65/66B | €73 | €93 | +€21 | +28.3% |
| Recurring financial charges | 65 | €62 | €67 | +€5 | +7.4% |
| Non-recurring financial charges | 66B | €10 | €26 | +€16 | +155% |
| Profit (loss) for the period before taxes | 9903 | €38,716 | €58,681 | +€19,965 | +51.6% |
| Income taxes | 67/77 | €8,352 | €16,718 | +€8,366 | +100% |
| Profit (loss) for the period | 9904 | €30,365 | €41,964 | +€11,599 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,365 | €41,964 | +€11,599 | +38.2% |
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 4 November 2026 via checked.be.