LESAGE D.: 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.
LESAGE D.
Largest movements
- Cash +€27,781
up €27,781 (+64,309%), from €43 to €27,825
mainly Net result for the year (+€32,807) and Receivables within one year (+€21,523)
- Tangible fixed assets +€22,842
up €22,842 (+312%), from €7,332 to €30,174
of which Furniture and vehicles: +€23,405
- Receivables within one year -€21,523
down €21,523 (-53.5%), from €40,249 to €18,726
of which Trade receivables: -€17,383
- Deferred charges and accrued income -€8,207
down €8,207 (-90.5%), from €9,063 to €857
- Profit (loss) carried forward +€32,807
up €32,807 (+64.0%), from -€51,295 to -€18,488
- Accrued charges and deferred income -€8,350
no longer reported in 2025 (was €8,350)
- Tax, wage and social debts +€4,792
up €4,792 (+35.4%), from €13,549 to €18,340
of which Taxes: +€4,792
- Short-term financial debts -€4,698
no longer reported in 2025 (was €4,698)
- Trade debts -€3,083
down €3,083 (-40.9%), from €7,535 to €4,452
- Turnover +€22,542
up €22,542 (+37.0%), from €60,900 to €83,443
- Financial income -€12,025
down €12,025 (-95.7%), from €12,565 to €540
- Gross operating margin +€10,125
up €10,125 (+23.4%), from €43,216 to €53,341
- Purchases and services +€5,973
up €5,973 (+22.7%), from €26,275 to €32,248
- Taxes +€5,146
up €5,146 (+122%), from €4,215 to €9,360
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 | €56,744 | €77,638 | +€20,894 | +36.8% |
| Fixed assets | 21/28 | €7,389 | €30,231 | +€22,842 | +309% |
| Tangible fixed assets | 22/27 | €7,332 | €30,174 | +€22,842 | +312% |
| Plant, machinery and equipment | 23 | €1,277 | €714 | -€563 | -44.1% |
| Furniture and vehicles | 24 | €6,055 | €29,460 | +€23,405 | +387% |
| Financial fixed assets | 28 | €57 | €57 | = | 0.0% |
| Current assets | 29/58 | €49,355 | €47,407 | -€1,948 | -3.9% |
| Amounts receivable within one year | 40/41 | €40,249 | €18,726 | -€21,523 | -53.5% |
| Trade receivables | 40 | €36,004 | €18,621 | -€17,383 | -48.3% |
| Other amounts receivable | 41 | €4,245 | €105 | -€4,140 | -97.5% |
| Cash at bank and in hand | 54/58 | €43 | €27,825 | +€27,781 | +64,309% |
| Deferred charges and accrued income | 490/1 | €9,063 | €857 | -€8,207 | -90.5% |
| Total equity and liabilities | 10/49 | €56,744 | €77,638 | +€20,894 | +36.8% |
| Equity | 10/15 | €10,843 | €43,650 | +€32,807 | +303% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €53,462 | €53,462 | = | 0.0% |
| Distributable reserves | 133 | €53,462 | €53,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,295 | -€18,488 | +€32,807 | +64.0% |
| Amounts payable | 17/49 | €45,902 | €33,988 | -€11,914 | -26.0% |
| Amounts payable within one year | 42/48 | €37,552 | €33,988 | -€3,564 | -9.5% |
| Financial debts | 43 | €4,698 | - | -€4,698 | |
| Credit institutions | 430/8 | €4,698 | - | -€4,698 | |
| Trade debts | 44 | €7,535 | €4,452 | -€3,083 | -40.9% |
| Suppliers | 440/4 | €7,535 | €4,452 | -€3,083 | -40.9% |
| Taxes, remuneration and social security | 45 | €13,549 | €18,340 | +€4,792 | +35.4% |
| Taxes | 450/3 | €4,556 | €9,348 | +€4,792 | +105% |
| Remuneration and social security | 454/9 | €8,993 | €8,993 | = | 0.0% |
| Other amounts payable | 47/48 | €11,771 | €11,196 | -€574 | -4.9% |
| Accrued charges and deferred income | 492/3 | €8,350 | - | -€8,350 | |
| Turnover | 70 | €60,900 | €83,443 | +€22,542 | +37.0% |
| Non-recurring operating income | 76A | €6,500 | - | -€6,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €26,275 | €32,248 | +€5,973 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €878 | €3,938 | +€3,060 | +349% |
| Other operating charges | 640/8 | €1,681 | €1,637 | -€44 | -2.6% |
| Non-recurring operating charges | 66A | €5,635 | €5,455 | -€180 | -3.2% |
| Gross operating margin | 9900 | €43,216 | €53,341 | +€10,125 | +23.4% |
| Operating profit (loss) | 9901 | €35,023 | €42,311 | +€7,289 | +20.8% |
| Financial income | 75/76B | €12,565 | €540 | -€12,025 | -95.7% |
| Recurring financial income | 75 | €12,565 | €540 | -€12,025 | -95.7% |
| Financial charges | 65/66B | €2,812 | €684 | -€2,129 | -75.7% |
| Recurring financial charges | 65 | €2,812 | €684 | -€2,129 | -75.7% |
| Profit (loss) for the period before taxes | 9903 | €44,775 | €42,168 | -€2,607 | -5.8% |
| Income taxes | 67/77 | €4,215 | €9,360 | +€5,146 | +122% |
| Profit (loss) for the period | 9904 | €40,560 | €32,807 | -€7,753 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,560 | €32,807 | -€7,753 | -19.1% |
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 27 October 2026 via checked.be.