LESATEX: 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.
LESATEX
Largest movements
- Tangible fixed assets -€15,951
down €15,951 (-34.3%), from €46,504 to €30,553
of which Furniture and vehicles: -€14,376
- Deferred charges and accrued income -€3,760
down €3,760 (-71.7%), from €5,242 to €1,482
- Cash -€2,885
down €2,885 (-4.6%), from €62,418 to €59,533
mainly Net result for the year (-€17,420) and Debts after one year (-€10,975)
- Profit (loss) carried forward -€17,420
down €17,420 (-97.2%), from €17,930 to €510
- Debts after one year -€10,975
down €10,975 (-62.6%), from €17,531 to €6,556
- Trade debts +€3,178
up €3,178 (+108.9%), from €2,919 to €6,097
- Turnover -€244,981
no longer reported in 2025 (was €244,981)
- Purchases and services -€198,979
no longer reported in 2025 (was €198,979)
- Other operating charges +€3,501
up €3,501 (+233.8%), from €1,497 to €4,998
- Staff costs -€2,565
down €2,565 (-6.2%), from €41,623 to €39,058
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
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 | €125,593 | €102,611 | -€22,982 | -18.3% |
| Fixed assets | 21/28 | €49,143 | €33,192 | -€15,951 | -32.5% |
| Tangible fixed assets | 22/27 | €46,504 | €30,553 | -€15,951 | -34.3% |
| Land and buildings | 22 | €13,375 | - | -€13,375 | |
| Plant, machinery and equipment | 23 | €3,962 | €15,763 | +€11,801 | +297.8% |
| Furniture and vehicles | 24 | €29,166 | €14,790 | -€14,376 | -49.3% |
| Financial fixed assets | 28 | €2,639 | €2,639 | -€0 | 0.0% |
| Current assets | 29/58 | €76,449 | €69,419 | -€7,030 | -9.2% |
| Stocks and contracts in progress | 3 | €8,474 | €8,227 | -€247 | -2.9% |
| Stocks | 30/36 | €8,474 | €8,227 | -€247 | -2.9% |
| Amounts receivable within one year | 40/41 | €315 | €177 | -€138 | -43.9% |
| Trade receivables | 40 | €67 | - | -€67 | |
| Other amounts receivable | 41 | €248 | €177 | -€71 | -28.7% |
| Cash at bank and in hand | 54/58 | €62,418 | €59,533 | -€2,885 | -4.6% |
| Deferred charges and accrued income | 490/1 | €5,242 | €1,482 | -€3,760 | -71.7% |
| Total equity and liabilities | 10/49 | €125,593 | €102,611 | -€22,982 | -18.3% |
| Equity | 10/15 | €84,530 | €67,110 | -€17,420 | -20.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €4,600 | €4,600 | = | 0.0% |
| Distributable reserves | 133 | €4,600 | €4,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,930 | €510 | -€17,420 | -97.2% |
| Amounts payable | 17/49 | €41,062 | €35,501 | -€5,561 | -13.5% |
| Amounts payable after more than one year | 17 | €17,531 | €6,556 | -€10,975 | -62.6% |
| Financial debts | 170/4 | €17,531 | €6,556 | -€10,975 | -62.6% |
| Amounts payable within one year | 42/48 | €23,531 | €28,945 | +€5,414 | +23.0% |
| Current portion of amounts payable after more than one year | 42 | €10,653 | €10,975 | +€322 | +3.0% |
| Trade debts | 44 | €2,919 | €6,097 | +€3,178 | +108.9% |
| Suppliers | 440/4 | €2,919 | €6,097 | +€3,178 | +108.9% |
| Taxes, remuneration and social security | 45 | €9,458 | €10,177 | +€719 | +7.6% |
| Taxes | 450/3 | €205 | €347 | +€142 | +69.4% |
| Remuneration and social security | 454/9 | €9,253 | €9,830 | +€577 | +6.2% |
| Other amounts payable | 47/48 | €502 | €1,696 | +€1,194 | +237.9% |
| Turnover | 70 | €244,981 | - | -€244,981 | |
| Goods, raw materials, services and sundry goods | 60/61 | €198,979 | - | -€198,979 | |
| Remuneration, social security and pensions | 62 | €41,623 | €39,058 | -€2,565 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,675 | €17,777 | +€102 | +0.6% |
| Other operating charges | 640/8 | €1,497 | €4,998 | +€3,501 | +233.8% |
| Gross operating margin | 9900 | €46,002 | €44,484 | -€1,518 | -3.3% |
| Operating profit (loss) | 9901 | -€14,794 | -€17,349 | -€2,555 | -17.3% |
| Financial income | 75/76B | €829 | €762 | -€67 | -8.0% |
| Recurring financial income | 75 | €829 | €762 | -€67 | -8.0% |
| Financial charges | 65/66B | €1,142 | €604 | -€538 | -47.1% |
| Recurring financial charges | 65 | €1,142 | €604 | -€538 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,108 | -€17,191 | -€2,083 | -13.8% |
| Income taxes | 67/77 | - | €229 | +€229 | |
| Profit (loss) for the period | 9904 | -€15,108 | -€17,420 | -€2,312 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,108 | -€17,420 | -€2,312 | -15.3% |
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.