LESCOL: 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.
LESCOL
Largest movements
- Receivables within one year -€10,551
down €10,551 (-82.7%), from €12,755 to €2,204
- Cash +€7,615
up €7,615 (+404%), from €1,883 to €9,498
mainly Receivables within one year (+€10,551) and Net result for the year (+€7,696)
- Intangible fixed assets -€5,022
down €5,022 (-30.8%), from €16,318 to €11,296
- Other debts -€10,573
down €10,573 (-51.0%), from €20,742 to €10,169
- Trade debts -€8,654
down €8,654 (-53.0%), from €16,326 to €7,672
- Profit (loss) carried forward +€7,696
up €7,696 (+11.1%), from -€69,526 to -€61,830
- Tax, wage and social debts +€3,845
up €3,845 (+136%), from €2,837 to €6,681
of which Remuneration and social security: +€2,000
- Gross operating margin +€5,700
up €5,700 (+58.4%), from €9,762 to €15,462
- Depreciation -€1,572
down €1,572 (-21.6%), from €7,268 to €5,696
- Other operating charges -€1,206
down €1,206 (-56.6%), from €2,132 to €926
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 | €40,379 | €32,693 | -€7,686 | -19.0% |
| Fixed assets | 21/28 | €25,741 | €20,991 | -€4,750 | -18.5% |
| Intangible fixed assets | 21 | €16,318 | €11,296 | -€5,022 | -30.8% |
| Tangible fixed assets | 22/27 | €1,023 | €1,295 | +€272 | +26.6% |
| Plant, machinery and equipment | 23 | €211 | €678 | +€467 | +221% |
| Leasing and similar rights | 25 | €811 | €616 | -€195 | -24.0% |
| Financial fixed assets | 28 | €8,400 | €8,400 | = | 0.0% |
| Current assets | 29/58 | €14,638 | €11,702 | -€2,936 | -20.1% |
| Amounts receivable within one year | 40/41 | €12,755 | €2,204 | -€10,551 | -82.7% |
| Trade receivables | 40 | €12,755 | €2,204 | -€10,551 | -82.7% |
| Cash at bank and in hand | 54/58 | €1,883 | €9,498 | +€7,615 | +404% |
| Total equity and liabilities | 10/49 | €40,379 | €32,693 | -€7,686 | -19.0% |
| Equity | 10/15 | €474 | €8,170 | +€7,696 | +1,624% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,526 | -€61,830 | +€7,696 | +11.1% |
| Amounts payable | 17/49 | €39,905 | €24,523 | -€15,382 | -38.5% |
| Amounts payable within one year | 42/48 | €39,905 | €24,523 | -€15,382 | -38.5% |
| Trade debts | 44 | €16,326 | €7,672 | -€8,654 | -53.0% |
| Suppliers | 440/4 | €16,326 | €7,672 | -€8,654 | -53.0% |
| Taxes, remuneration and social security | 45 | €2,837 | €6,681 | +€3,845 | +136% |
| Taxes | 450/3 | €2,837 | €4,681 | +€1,845 | +65.0% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €20,742 | €10,169 | -€10,573 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,268 | €5,696 | -€1,572 | -21.6% |
| Other operating charges | 640/8 | €2,132 | €926 | -€1,206 | -56.6% |
| Gross operating margin | 9900 | €9,762 | €15,462 | +€5,700 | +58.4% |
| Operating profit (loss) | 9901 | €362 | €8,841 | +€8,478 | +2,340% |
| Financial charges | 65/66B | €1,013 | €1,145 | +€132 | +13.0% |
| Recurring financial charges | 65 | €1,013 | €1,145 | +€132 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | -€651 | €7,696 | +€8,347 | |
| Profit (loss) for the period | 9904 | -€651 | €7,696 | +€8,347 | |
| Profit (loss) for the period to be appropriated | 9905 | -€651 | €7,696 | +€8,347 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.