LESCON: 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.
LESCON
Largest movements
- Cash +€47,475
up €47,475 (+199.8%), from €23,764 to €71,239
mainly Current investments (+€40,000) and Net result for the year (+€3,686)
- Current investments -€40,000
down €40,000 (-100.0%), from €40,000 to €0
- Tangible fixed assets -€3,247
down €3,247 (-11.2%), from €29,025 to €25,778
of which Plant, machinery and equipment: -€3,247
- Reserves +€3,686
up €3,686 (+12.9%), from €28,530 to €32,216
- Trade debts -€2,171
down €2,171 (-100.0%), from €2,171 to €0
- Accrued charges and deferred income +€1,212
up €1,212 (+961.8%), from €126 to €1,338
- Tax, wage and social debts +€1,069
new in 2025: €1,069
- Gross operating margin +€7,619
up €7,619 (+289.4%), from €2,632 to €10,252
- Taxes +€1,086
new in 2025: €1,086
- Depreciation +€222
up €222 (+7.3%), from €3,025 to €3,247
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 | €92,858 | €97,038 | +€4,180 | +4.5% |
| Fixed assets | 21/28 | €29,025 | €25,778 | -€3,247 | -11.2% |
| Tangible fixed assets | 22/27 | €29,025 | €25,778 | -€3,247 | -11.2% |
| Land and buildings | 22 | €12,843 | €12,843 | = | 0.0% |
| Plant, machinery and equipment | 23 | €16,181 | €12,934 | -€3,247 | -20.1% |
| Current assets | 29/58 | €63,834 | €71,260 | +€7,427 | +11.6% |
| Current investments | 50/53 | €40,000 | €0 | -€40,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €23,764 | €71,239 | +€47,475 | +199.8% |
| Deferred charges and accrued income | 490/1 | €70 | €21 | -€48 | -69.3% |
| Total equity and liabilities | 10/49 | €92,858 | €97,038 | +€4,180 | +4.5% |
| Equity | 10/15 | €90,530 | €94,216 | +€3,686 | +4.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €28,530 | €32,216 | +€3,686 | +12.9% |
| Distributable reserves | 133 | €28,530 | €32,216 | +€3,686 | +12.9% |
| Amounts payable | 17/49 | €2,328 | €2,822 | +€494 | +21.2% |
| Amounts payable within one year | 42/48 | €2,202 | €1,484 | -€718 | -32.6% |
| Trade debts | 44 | €2,171 | €0 | -€2,171 | -100.0% |
| Suppliers | 440/4 | €2,171 | €0 | -€2,171 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €1,069 | +€1,069 | |
| Taxes | 450/3 | - | €1,069 | +€1,069 | |
| Other amounts payable | 47/48 | €32 | €416 | +€384 | +1214.0% |
| Accrued charges and deferred income | 492/3 | €126 | €1,338 | +€1,212 | +961.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,025 | €3,247 | +€222 | +7.3% |
| Other operating charges | 640/8 | €1,720 | €1,725 | +€5 | +0.3% |
| Non-recurring operating charges | 66A | - | €963 | +€963 | |
| Gross operating margin | 9900 | €2,632 | €10,252 | +€7,619 | +289.4% |
| Operating profit (loss) | 9901 | -€2,113 | €4,317 | +€6,429 | |
| Financial income | 75/76B | €586 | €632 | +€46 | +7.8% |
| Recurring financial income | 75 | €586 | €632 | +€46 | +7.8% |
| Financial charges | 65/66B | €218 | €177 | -€41 | -18.6% |
| Recurring financial charges | 65 | €218 | €177 | -€41 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,745 | €4,771 | +€6,516 | |
| Income taxes | 67/77 | - | €1,086 | +€1,086 | |
| Profit (loss) for the period | 9904 | -€1,745 | €3,686 | +€5,430 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,745 | €3,686 | +€5,430 |
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 9 October 2026 via checked.be.