LERECA: what changed
Two fiscal 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.
LERECA
Largest movements
- Receivables within one year -€10,016
down €10,016 (-98.1%), from €10,215 to €199
of which Trade receivables: -€9,503
- Financial fixed assets -€2,600
down €2,600 (-90.0%), from €2,889 to €289
- Deferred charges and accrued income -€1,811
no longer reported in 2025 (was €1,811)
- Other debts -€27,005
down €27,005 (-78.0%), from €34,641 to €7,636
- Profit (loss) carried forward +€22,512
up €22,512 (+39.1%), from -€57,606 to -€35,094
- Trade debts -€9,900
down €9,900 (-90.8%), from €10,900 to €1,000
- Gross operating margin -€3,053
down €3,053 (-11.6%), from €26,298 to €23,245
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,915 | €488 | -€14,427 | -96.7% |
| Fixed assets | 21/28 | €2,889 | €289 | -€2,600 | -90.0% |
| Financial fixed assets | 28 | €2,889 | €289 | -€2,600 | -90.0% |
| Current assets | 29/58 | €12,026 | €199 | -€11,827 | -98.3% |
| Amounts receivable within one year | 40/41 | €10,215 | €199 | -€10,016 | -98.1% |
| Trade receivables | 40 | €9,503 | - | -€9,503 | |
| Other amounts receivable | 41 | €712 | €199 | -€513 | -72.1% |
| Deferred charges and accrued income | 490/1 | €1,811 | - | -€1,811 | |
| Total equity and liabilities | 10/49 | €14,915 | €488 | -€14,427 | -96.7% |
| Equity | 10/15 | -€30,775 | -€8,263 | +€22,512 | +73.2% |
| Contributions | 10/11 | €24,392 | €24,392 | = | 0.0% |
| Reserves | 13 | €2,439 | €2,439 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,439 | €2,439 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,439 | €2,439 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,606 | -€35,094 | +€22,512 | +39.1% |
| Amounts payable | 17/49 | €45,690 | €8,751 | -€36,939 | -80.8% |
| Amounts payable within one year | 42/48 | €45,690 | €8,751 | -€36,939 | -80.8% |
| Trade debts | 44 | €10,900 | €1,000 | -€9,900 | -90.8% |
| Suppliers | 440/4 | €10,900 | €1,000 | -€9,900 | -90.8% |
| Taxes, remuneration and social security | 45 | €149 | €115 | -€34 | -22.8% |
| Taxes | 450/3 | €149 | €115 | -€34 | -22.8% |
| Other amounts payable | 47/48 | €34,641 | €7,636 | -€27,005 | -78.0% |
| Other operating charges | 640/8 | €807 | €618 | -€189 | -23.4% |
| Gross operating margin | 9900 | €26,298 | €23,245 | -€3,053 | -11.6% |
| Operating profit (loss) | 9901 | €25,491 | €22,627 | -€2,864 | -11.2% |
| Financial charges | 65/66B | €178 | - | -€178 | |
| Recurring financial charges | 65 | €178 | - | -€178 | |
| Profit (loss) for the period before taxes | 9903 | €25,313 | €22,627 | -€2,686 | -10.6% |
| Income taxes | 67/77 | €148 | €115 | -€33 | -22.3% |
| Profit (loss) for the period | 9904 | €25,165 | €22,512 | -€2,653 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,165 | €22,512 | -€2,653 | -10.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.