LESAGE K.: 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 K.
Largest movements
- Cash -€16,714
down €16,714 (-4.0%), from €413,153 to €396,439
mainly Investment in fixed assets (net) (-€49,000) and Contributions, distributions and other (-€18,743)
- Receivables within one year +€15,172
up €15,172 (+69.8%), from €21,722 to €36,893
of which Trade receivables: +€12,505
- Tangible fixed assets +€14,284
up €14,284 (+16.1%), from €88,877 to €103,161
of which Furniture and vehicles: +€15,466
- Reserves +€37,387
up €37,387 (+8.5%), from €438,284 to €475,671
of which Distributable reserves: +€37,387
- Other debts -€12,578
down €12,578 (-38.9%), from €32,366 to €19,787
- Tax, wage and social debts -€8,887
down €8,887 (-25.2%), from €35,272 to €26,385
of which Taxes: -€6,588
- Depreciation +€8,937
up €8,937 (+34.7%), from €25,779 to €34,716
- Gross operating margin -€7,800
down €7,800 (-6.4%), from €121,947 to €114,147
- Taxes -€5,032
down €5,032 (-18.8%), from €26,797 to €21,766
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 | €528,569 | €541,702 | +€13,133 | +2.5% |
| Fixed assets | 21/28 | €88,877 | €103,161 | +€14,284 | +16.1% |
| Tangible fixed assets | 22/27 | €88,877 | €103,161 | +€14,284 | +16.1% |
| Plant, machinery and equipment | 23 | €2,753 | €1,570 | -€1,183 | -43.0% |
| Furniture and vehicles | 24 | €86,125 | €101,591 | +€15,466 | +18.0% |
| Current assets | 29/58 | €439,691 | €438,541 | -€1,151 | -0.3% |
| Amounts receivable within one year | 40/41 | €21,722 | €36,893 | +€15,172 | +69.8% |
| Trade receivables | 40 | €13,473 | €25,977 | +€12,505 | +92.8% |
| Other amounts receivable | 41 | €8,249 | €10,916 | +€2,667 | +32.3% |
| Cash at bank and in hand | 54/58 | €413,153 | €396,439 | -€16,714 | -4.0% |
| Deferred charges and accrued income | 490/1 | €4,817 | €5,209 | +€391 | +8.1% |
| Total equity and liabilities | 10/49 | €528,569 | €541,702 | +€13,133 | +2.5% |
| Equity | 10/15 | €456,884 | €494,271 | +€37,387 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €438,284 | €475,671 | +€37,387 | +8.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €436,424 | €473,811 | +€37,387 | +8.6% |
| Amounts payable | 17/49 | €71,685 | €47,430 | -€24,254 | -33.8% |
| Amounts payable within one year | 42/48 | €71,685 | €47,430 | -€24,254 | -33.8% |
| Trade debts | 44 | €4,046 | €1,258 | -€2,789 | -68.9% |
| Suppliers | 440/4 | €4,046 | €1,258 | -€2,789 | -68.9% |
| Taxes, remuneration and social security | 45 | €35,272 | €26,385 | -€8,887 | -25.2% |
| Taxes | 450/3 | €8,494 | €1,906 | -€6,588 | -77.6% |
| Remuneration and social security | 454/9 | €26,778 | €24,479 | -€2,299 | -8.6% |
| Other amounts payable | 47/48 | €32,366 | €19,787 | -€12,578 | -38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,779 | €34,716 | +€8,937 | +34.7% |
| Other operating charges | 640/8 | €1,419 | €1,495 | +€76 | +5.3% |
| Gross operating margin | 9900 | €121,947 | €114,147 | -€7,800 | -6.4% |
| Operating profit (loss) | 9901 | €94,748 | €77,935 | -€16,813 | -17.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €43 | €40 | -€3 | -6.9% |
| Recurring financial charges | 65 | €43 | €40 | -€3 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €94,706 | €77,896 | -€16,810 | -17.7% |
| Income taxes | 67/77 | €26,797 | €21,766 | -€5,032 | -18.8% |
| Profit (loss) for the period | 9904 | €67,909 | €56,130 | -€11,778 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,909 | €56,130 | -€11,778 | -17.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.