LESCON: 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.
What changed
LESCON
NACE 71.111, Activities of building architects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€359,534
2024 · €509,306-€149,772
Equity
€1.8m
2024 · €1.4m+€359,534
Cash
€748,045
2024 · €772,505-€24,460
Balance sheet total
€2.7m
2024 · €2.5m+€178,808
Largest movements
Assets
- Tangible fixed assets +€214,007
up €214,007 (+16.2%), from €1.3m to €1.5m
of which Land and buildings: +€169,070
Equity and liabilities
- Reserves +€359,534
up €359,534 (+26.1%), from €1.4m to €1.7m
- Debts after one year -€111,152
down €111,152 (-13.5%), from €821,885 to €710,733
- Tax, wage and social debts -€44,086
down €44,086 (-28.9%), from €152,797 to €108,712
Income statement
- Gross operating margin -€199,447
down €199,447 (-24.5%), from €813,965 to €614,518
- Taxes -€69,350
down €69,350 (-29.9%), from €232,029 to €162,679
- Depreciation +€22,882
up €22,882 (+55.5%), from €41,250 to €64,132
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.
Result 2024
€509,306
Gross operating margin
-€199,447
Depreciation
-€22,882
Other operating charges
+€1,062
Financial income
-€20
Financial charges
+€2,165
Taxes
+€69,350
Result 2025
€359,534
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.
From operations
+€362,015
Investment
-€278,139
Financing
-€108,336
Cash 2024
€772,505
From operations (derived)
+€362,015
Net result for the year
+€359,534
Depreciation
+€64,132
Receivables within one year
+€13,063
Deferred charges and accrued income
-€2,324
Trade debts
-€552
Tax, wage and social debts
-€44,086
Other debts
-€25,700
Accrued charges and deferred income
-€2,053
Investment (derived)
-€278,139
Investment in fixed assets (net)
-€278,139
Financing
-€108,336
Debts after one year
-€111,152
Current portion of long-term debt
+€2,396
Short-term financial debts
+€420
Cash 2025
€748,045
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,512,950 | €2,691,758 | +€178,808 | +7.1% |
| Fixed assets | 21/28 | €1,674,091 | €1,888,097 | +€214,007 | +12.8% |
| Tangible fixed assets | 22/27 | €1,324,091 | €1,538,097 | +€214,007 | +16.2% |
| Land and buildings | 22 | €1,322,618 | €1,491,688 | +€169,070 | +12.8% |
| Furniture and vehicles | 24 | €1,473 | €46,410 | +€44,936 | +3050.0% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €838,860 | €803,661 | -€35,199 | -4.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €62,720 | €49,657 | -€13,063 | -20.8% |
| Trade receivables | 40 | €24,427 | €24,200 | -€227 | -0.9% |
| Other amounts receivable | 41 | €38,293 | €25,457 | -€12,836 | -33.5% |
| Cash at bank and in hand | 54/58 | €772,505 | €748,045 | -€24,460 | -3.2% |
| Deferred charges and accrued income | 490/1 | €3,634 | €5,958 | +€2,324 | +64.0% |
| Total equity and liabilities | 10/49 | €2,512,950 | €2,691,758 | +€178,808 | +7.1% |
| Equity | 10/15 | €1,394,529 | €1,754,064 | +€359,534 | +25.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,375,929 | €1,735,464 | +€359,534 | +26.1% |
| Distributable reserves | 133 | €1,375,929 | €1,735,464 | +€359,534 | +26.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,118,421 | €937,695 | -€180,726 | -16.2% |
| Amounts payable after more than one year | 17 | €821,885 | €710,733 | -€111,152 | -13.5% |
| Financial debts | 170/4 | €821,885 | €710,733 | -€111,152 | -13.5% |
| Amounts payable within one year | 42/48 | €292,356 | €224,834 | -€67,522 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €108,756 | €111,152 | +€2,396 | +2.2% |
| Financial debts | 43 | - | €420 | +€420 | |
| Credit institutions | 430/8 | - | €420 | +€420 | |
| Trade debts | 44 | €5,102 | €4,551 | -€552 | -10.8% |
| Suppliers | 440/4 | €5,102 | €4,551 | -€552 | -10.8% |
| Taxes, remuneration and social security | 45 | €152,797 | €108,712 | -€44,086 | -28.9% |
| Taxes | 450/3 | €152,797 | €108,712 | -€44,086 | -28.9% |
| Other amounts payable | 47/48 | €25,700 | €0 | -€25,700 | -100.0% |
| Accrued charges and deferred income | 492/3 | €4,180 | €2,127 | -€2,053 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,250 | €64,132 | +€22,882 | +55.5% |
| Other operating charges | 640/8 | €9,683 | €8,621 | -€1,062 | -11.0% |
| Gross operating margin | 9900 | €813,965 | €614,518 | -€199,447 | -24.5% |
| Operating profit (loss) | 9901 | €763,032 | €541,764 | -€221,267 | -29.0% |
| Financial income | 75/76B | €1,065 | €1,046 | -€20 | -1.8% |
| Recurring financial income | 75 | €1,065 | €1,046 | -€20 | -1.8% |
| Financial charges | 65/66B | €22,762 | €20,598 | -€2,165 | -9.5% |
| Recurring financial charges | 65 | €22,762 | €20,598 | -€2,165 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €741,335 | €522,213 | -€219,122 | -29.6% |
| Income taxes | 67/77 | €232,029 | €162,679 | -€69,350 | -29.9% |
| Profit (loss) for the period | 9904 | €509,306 | €359,534 | -€149,772 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €509,306 | €359,534 | -€149,772 | -29.4% |
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 1 October 2026 via checked.be.