Lerut Liesbeth: what changed
Two financial 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.
Lerut Liesbeth
Largest movements
- Receivables within one year +€307,281
up €307,281 (+199%), from €154,600 to €461,880
of which Trade receivables: +€297,414
- Cash +€113,389
up €113,389 (+426%), from €26,630 to €140,019
mainly Net result for the year (+€335,662) and Tax, wage and social debts (+€96,946)
- Current investments -€40,000
down €40,000 (-100%), from €40,000 to €0
- Reserves +€335,700
up €335,700 (+213%), from €157,700 to €493,400
- Tax, wage and social debts +€96,946
up €96,946 (+1,443%), from €6,718 to €103,663
of which Taxes: +€97,224
- Other debts -€50,893
down €50,893 (-100%), from €50,893 to €0
- Gross operating margin +€237,252
up €237,252 (+113%), from €210,155 to €447,407
- Taxes +€59,346
up €59,346 (+125%), from €47,486 to €106,831
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.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,121 | €619,730 | +€379,610 | +158% |
| Fixed assets | 21/28 | €16,599 | €15,681 | -€918 | -5.5% |
| Tangible fixed assets | 22/27 | €16,599 | €15,681 | -€918 | -5.5% |
| Plant, machinery and equipment | 23 | €190 | €0 | -€190 | -100% |
| Furniture and vehicles | 24 | €3,442 | €4,027 | +€585 | +17.0% |
| Other tangible fixed assets | 26 | €12,967 | €11,655 | -€1,313 | -10.1% |
| Current assets | 29/58 | €223,522 | €604,049 | +€380,527 | +170% |
| Amounts receivable within one year | 40/41 | €154,600 | €461,880 | +€307,281 | +199% |
| Trade receivables | 40 | €147,500 | €444,914 | +€297,414 | +202% |
| Other amounts receivable | 41 | €7,100 | €16,966 | +€9,867 | +139% |
| Current investments | 50/53 | €40,000 | €0 | -€40,000 | -100% |
| Cash at bank and in hand | 54/58 | €26,630 | €140,019 | +€113,389 | +426% |
| Deferred charges and accrued income | 490/1 | €2,292 | €2,149 | -€142 | -6.2% |
| Total equity and liabilities | 10/49 | €240,121 | €619,730 | +€379,610 | +158% |
| Equity | 10/15 | €177,795 | €513,457 | +€335,662 | +189% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €157,700 | €493,400 | +€335,700 | +213% |
| Distributable reserves | 133 | €157,700 | €493,400 | +€335,700 | +213% |
| Profit (loss) carried forward | 14 | €95 | €57 | -€38 | -40.2% |
| Amounts payable | 17/49 | €62,326 | €106,274 | +€43,948 | +70.5% |
| Amounts payable within one year | 42/48 | €62,326 | €106,274 | +€43,948 | +70.5% |
| Trade debts | 44 | €4,715 | €2,611 | -€2,105 | -44.6% |
| Suppliers | 440/4 | €4,715 | €2,611 | -€2,105 | -44.6% |
| Taxes, remuneration and social security | 45 | €6,718 | €103,663 | +€96,946 | +1,443% |
| Taxes | 450/3 | €6,439 | €103,663 | +€97,224 | +1,510% |
| Remuneration and social security | 454/9 | €279 | €0 | -€279 | -100% |
| Other amounts payable | 47/48 | €50,893 | €0 | -€50,893 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,397 | €3,149 | +€752 | +31.4% |
| Other operating charges | 640/8 | €1,290 | €1,710 | +€420 | +32.6% |
| Gross operating margin | 9900 | €210,155 | €447,407 | +€237,252 | +113% |
| Operating profit (loss) | 9901 | €206,468 | €442,548 | +€236,079 | +114% |
| Financial income | 75/76B | €285 | €492 | +€207 | +72.6% |
| Recurring financial income | 75 | €285 | €492 | +€207 | +72.6% |
| Financial charges | 65/66B | €1,486 | €547 | -€939 | -63.2% |
| Recurring financial charges | 65 | €1,486 | €547 | -€939 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €205,268 | €442,493 | +€237,226 | +116% |
| Income taxes | 67/77 | €47,486 | €106,831 | +€59,346 | +125% |
| Profit (loss) for the period | 9904 | €157,782 | €335,662 | +€177,880 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €157,782 | €335,662 | +€177,880 | +113% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.