LEQUEUX & FILS: what changed
LEQUEUX & FILS
Largest movements
- Receivables within one year +€22,811
up €22,811 (+77.9%), from €29,286 to €52,097
of which Trade receivables: +€19,277
- Tangible fixed assets -€19,410
down €19,410 (-45.7%), from €42,480 to €23,070
of which Furniture and vehicles: -€20,660
- Cash +€13,605
up €13,605 (+6.7%), from €202,474 to €216,079
mainly Trade debts (+€30,762) and Current portion of long-term debt (+€25,572)
- Debts after one year -€35,527
no longer reported in 2024 (was €35,527)
- Trade debts +€30,762
up €30,762 (+48.0%), from €64,142 to €94,905
of which Suppliers: +€36,747
- Current portion of long-term debt +€25,572
up €25,572 (+257%), from €9,956 to €35,527
- Other debts -€7,112
down €7,112 (-13.9%), from €51,234 to €44,122
- Reserves +€3,010
up €3,010 (+4.1%), from €73,011 to €76,022
of which Distributable reserves: +€3,010
- Gross operating margin +€1,247
up €1,247 (+5.1%), from €24,579 to €25,826
- Staff costs -€550
no longer reported in 2024 (was €550)
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,392 | €291,398 | +€17,006 | +6.2% |
| Fixed assets | 21/28 | €42,632 | €23,222 | -€19,410 | -45.5% |
| Tangible fixed assets | 22/27 | €42,480 | €23,070 | -€19,410 | -45.7% |
| Plant, machinery and equipment | 23 | - | €1,251 | +€1,251 | |
| Furniture and vehicles | 24 | €42,480 | €21,820 | -€20,660 | -48.6% |
| Financial fixed assets | 28 | €152 | €152 | = | 0.0% |
| Current assets | 29/58 | €231,760 | €268,176 | +€36,416 | +15.7% |
| Amounts receivable within one year | 40/41 | €29,286 | €52,097 | +€22,811 | +77.9% |
| Trade receivables | 40 | €19,712 | €38,989 | +€19,277 | +97.8% |
| Other amounts receivable | 41 | €9,574 | €13,108 | +€3,534 | +36.9% |
| Cash at bank and in hand | 54/58 | €202,474 | €216,079 | +€13,605 | +6.7% |
| Total equity and liabilities | 10/49 | €274,392 | €291,398 | +€17,006 | +6.2% |
| Equity | 10/15 | €111,696 | €114,706 | +€3,010 | +2.7% |
| Contributions | 10/11 | €9,668 | €9,668 | = | 0.0% |
| Capital | 10 | €9,668 | €9,668 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €8,924 | €8,924 | = | 0.0% |
| Reserves | 13 | €73,011 | €76,022 | +€3,010 | +4.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €71,152 | €74,162 | +€3,010 | +4.2% |
| Profit (loss) carried forward | 14 | €29,017 | €29,017 | = | 0.0% |
| Amounts payable | 17/49 | €162,696 | €176,692 | +€13,996 | +8.6% |
| Amounts payable after more than one year | 17 | €35,527 | - | -€35,527 | |
| Financial debts | 170/4 | €35,527 | - | -€35,527 | |
| Amounts payable within one year | 42/48 | €127,168 | €176,692 | +€49,524 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €9,956 | €35,527 | +€25,572 | +257% |
| Trade debts | 44 | €64,142 | €94,905 | +€30,762 | +48.0% |
| Suppliers | 440/4 | €58,158 | €94,905 | +€36,747 | +63.2% |
| Bills of exchange payable | 441 | €5,985 | - | -€5,985 | |
| Taxes, remuneration and social security | 45 | €1,837 | €2,138 | +€301 | +16.4% |
| Taxes | 450/3 | €1,837 | €2,138 | +€301 | +16.4% |
| Other amounts payable | 47/48 | €51,234 | €44,122 | -€7,112 | -13.9% |
| Remuneration, social security and pensions | 62 | €550 | - | -€550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,410 | €19,410 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,185 | €2,268 | +€84 | +3.8% |
| Gross operating margin | 9900 | €24,579 | €25,826 | +€1,247 | +5.1% |
| Operating profit (loss) | 9901 | €2,435 | €4,148 | +€1,713 | +70.4% |
| Financial income | 75/76B | - | €38 | +€38 | |
| Recurring financial income | 75 | - | €38 | +€38 | |
| Financial charges | 65/66B | €797 | €749 | -€49 | -6.1% |
| Recurring financial charges | 65 | €797 | €749 | -€49 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €1,637 | €3,438 | +€1,800 | +110% |
| Income taxes | 67/77 | €648 | €427 | -€221 | -34.1% |
| Profit (loss) for the period | 9904 | €989 | €3,010 | +€2,021 | +204% |
| Profit (loss) for the period to be appropriated | 9905 | €989 | €3,010 | +€2,021 | +204% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.