LERUET PATRICK: 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.
LERUET PATRICK
Largest movements
- Tangible fixed assets +€31,549
up €31,549 (+1793.8%), from €1,759 to €33,307
of which Furniture and vehicles: +€31,910
- Cash -€9,801
down €9,801 (-10.6%), from €92,379 to €82,579
mainly Investment in fixed assets (net) (-€41,990) and Contributions, distributions and other (-€13,500)
- Other debts +€11,442
up €11,442 (+146.1%), from €7,831 to €19,273
- Reserves +€9,500
up €9,500 (+12.0%), from €78,860 to €88,360
- Financial income +€14,139
up €14,139 (+6444.8%), from €219 to €14,359
of which Non-recurring financial income: +€14,000
- Gross operating margin +€10,167
up €10,167 (+39.8%), from €25,545 to €35,712
- Depreciation +€9,855
up €9,855 (+1682.3%), from €586 to €10,441
- Taxes +€4,666
up €4,666 (+48.3%), from €9,657 to €14,323
- Financial charges +€558
up €558 (+150.5%), from €371 to €929
of which Non-recurring financial charges: +€551
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,591 | €120,613 | +€22,022 | +22.3% |
| Fixed assets | 21/28 | €1,759 | €33,307 | +€31,549 | +1793.8% |
| Tangible fixed assets | 22/27 | €1,759 | €33,307 | +€31,549 | +1793.8% |
| Plant, machinery and equipment | 23 | €1,317 | €956 | -€361 | -27.4% |
| Furniture and vehicles | 24 | €442 | €32,352 | +€31,910 | +7224.3% |
| Current assets | 29/58 | €96,832 | €87,305 | -€9,527 | -9.8% |
| Amounts receivable within one year | 40/41 | €3,640 | €4,214 | +€574 | +15.8% |
| Trade receivables | 40 | €3,640 | €4,214 | +€574 | +15.8% |
| Cash at bank and in hand | 54/58 | €92,379 | €82,579 | -€9,801 | -10.6% |
| Deferred charges and accrued income | 490/1 | €813 | €513 | -€300 | -37.0% |
| Total equity and liabilities | 10/49 | €98,591 | €120,613 | +€22,022 | +22.3% |
| Equity | 10/15 | €80,526 | €90,936 | +€10,410 | +12.9% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €78,860 | €88,360 | +€9,500 | +12.0% |
| Distributable reserves | 133 | €78,860 | €88,360 | +€9,500 | +12.0% |
| Profit (loss) carried forward | 14 | €1,466 | €2,376 | +€910 | +62.1% |
| Amounts payable | 17/49 | €18,065 | €29,677 | +€11,612 | +64.3% |
| Amounts payable within one year | 42/48 | €18,065 | €29,677 | +€11,612 | +64.3% |
| Trade debts | 44 | €5,643 | €4,689 | -€954 | -16.9% |
| Suppliers | 440/4 | €5,643 | €4,689 | -€954 | -16.9% |
| Taxes, remuneration and social security | 45 | €4,591 | €5,715 | +€1,124 | +24.5% |
| Taxes | 450/3 | €4,591 | €5,715 | +€1,124 | +24.5% |
| Other amounts payable | 47/48 | €7,831 | €19,273 | +€11,442 | +146.1% |
| Remuneration, social security and pensions | 62 | €384 | €387 | +€3 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €586 | €10,441 | +€9,855 | +1682.3% |
| Other operating charges | 640/8 | €80 | €80 | = | 0.0% |
| Gross operating margin | 9900 | €25,545 | €35,712 | +€10,167 | +39.8% |
| Operating profit (loss) | 9901 | €24,495 | €24,803 | +€309 | +1.3% |
| Financial income | 75/76B | €219 | €14,359 | +€14,139 | +6444.8% |
| Recurring financial income | 75 | €219 | €359 | +€139 | +63.5% |
| Non-recurring financial income | 76B | - | €14,000 | +€14,000 | |
| Financial charges | 65/66B | €371 | €929 | +€558 | +150.5% |
| Recurring financial charges | 65 | €78 | €85 | +€7 | +9.0% |
| Non-recurring financial charges | 66B | €293 | €844 | +€551 | +188.2% |
| Profit (loss) for the period before taxes | 9903 | €24,343 | €38,233 | +€13,890 | +57.1% |
| Income taxes | 67/77 | €9,657 | €14,323 | +€4,666 | +48.3% |
| Profit (loss) for the period | 9904 | €14,686 | €23,910 | +€9,224 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,686 | €23,910 | +€9,224 | +62.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.