LEQUARRE THOMAS CONSTRUCTION: what changed
LEQUARRE THOMAS CONSTRUCTION
Largest movements
- Tangible fixed assets +€57,923
up €57,923 (+43.0%), from €134,683 to €192,605
of which Leasing and similar rights: +€78,347
- Cash +€10,728
up €10,728 (+21.5%), from €49,888 to €60,616
mainly Debts after one year (+€67,027) and Depreciation (+€35,174)
- Debts after one year +€67,027
up €67,027 (+348%), from €19,275 to €86,302
- Trade debts -€18,189
down €18,189 (-88.0%), from €20,677 to €2,489
- Current portion of long-term debt +€11,007
up €11,007 (+230%), from €4,775 to €15,782
- Profit (loss) carried forward +€7,917
up €7,917 (+27.4%), from €28,880 to €36,797
- Gross operating margin -€19,776
down €19,776 (-28.9%), from €68,412 to €48,636
- Depreciation +€8,383
up €8,383 (+31.3%), from €26,791 to €35,174
- Taxes -€6,721
down €6,721 (-97.8%), from €6,871 to €150
- Staff costs -€3,534
down €3,534 (-78.2%), from €4,519 to €985
- Financial charges +€3,418
up €3,418 (+384%), from €889 to €4,307
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 | €189,272 | €258,917 | +€69,645 | +36.8% |
| Fixed assets | 21/28 | €134,683 | €192,605 | +€57,923 | +43.0% |
| Tangible fixed assets | 22/27 | €134,683 | €192,605 | +€57,923 | +43.0% |
| Plant, machinery and equipment | 23 | €47,326 | €42,850 | -€4,476 | -9.5% |
| Furniture and vehicles | 24 | €57,097 | €41,754 | -€15,343 | -26.9% |
| Leasing and similar rights | 25 | €24,312 | €102,659 | +€78,347 | +322% |
| Other tangible fixed assets | 26 | €5,948 | €5,342 | -€605 | -10.2% |
| Current assets | 29/58 | €54,589 | €66,312 | +€11,723 | +21.5% |
| Amounts receivable within one year | 40/41 | €3,473 | €4,461 | +€988 | +28.5% |
| Other amounts receivable | 41 | €3,473 | €4,461 | +€988 | +28.5% |
| Cash at bank and in hand | 54/58 | €49,888 | €60,616 | +€10,728 | +21.5% |
| Deferred charges and accrued income | 490/1 | €1,228 | €1,235 | +€7 | +0.6% |
| Total equity and liabilities | 10/49 | €189,272 | €258,917 | +€69,645 | +36.8% |
| Equity | 10/15 | €33,880 | €41,797 | +€7,917 | +23.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,880 | €36,797 | +€7,917 | +27.4% |
| Amounts payable | 17/49 | €155,392 | €217,120 | +€61,728 | +39.7% |
| Amounts payable after more than one year | 17 | €19,275 | €86,302 | +€67,027 | +348% |
| Financial debts | 170/4 | €19,275 | €86,302 | +€67,027 | +348% |
| Amounts payable within one year | 42/48 | €136,117 | €130,818 | -€5,299 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €4,775 | €15,782 | +€11,007 | +230% |
| Trade debts | 44 | €20,677 | €2,489 | -€18,189 | -88.0% |
| Suppliers | 440/4 | €20,677 | €2,489 | -€18,189 | -88.0% |
| Taxes, remuneration and social security | 45 | €7,257 | €7,740 | +€483 | +6.6% |
| Taxes | 450/3 | €6,991 | €7,740 | +€749 | +10.7% |
| Remuneration and social security | 454/9 | €266 | - | -€266 | |
| Other amounts payable | 47/48 | €103,407 | €104,807 | +€1,400 | +1.4% |
| Remuneration, social security and pensions | 62 | €4,519 | €985 | -€3,534 | -78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,791 | €35,174 | +€8,383 | +31.3% |
| Other operating charges | 640/8 | €462 | €134 | -€329 | -71.1% |
| Gross operating margin | 9900 | €68,412 | €48,636 | -€19,776 | -28.9% |
| Operating profit (loss) | 9901 | €36,640 | €12,343 | -€24,296 | -66.3% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €889 | €4,307 | +€3,418 | +384% |
| Recurring financial charges | 65 | €889 | €4,307 | +€3,418 | +384% |
| Profit (loss) for the period before taxes | 9903 | €35,751 | €8,067 | -€27,684 | -77.4% |
| Income taxes | 67/77 | €6,871 | €150 | -€6,721 | -97.8% |
| Profit (loss) for the period | 9904 | €28,880 | €7,917 | -€20,963 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,880 | €7,917 | -€20,963 | -72.6% |
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 7 November 2026 via checked.be.