LESCONN: 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.
LESCONN
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+32.5%), from €4.2m to €5.6m
of which Land and buildings: +€1.3m
- Receivables within one year +€1.1m
up €1.1m (+6557.0%), from €16,522 to €1.1m
of which Other amounts receivable: +€1.1m
- Cash +€87,263
up €87,263 (+92.9%), from €93,932 to €181,195
mainly Short-term financial debts (+€1.5m) and Other debts (+€1.2m)
- Short-term financial debts +€1.5m
new in 2024: €1.5m
- Other debts +€1.2m
up €1.2m (+320.4%), from €379,674 to €1.6m
- Debts after one year -€115,968
down €115,968 (-4.3%), from €2.7m to €2.6m
- Profit (loss) carried forward -€83,916
new in 2024: -€83,916
- Gross operating margin +€96,414
up €96,414 (+66.0%), from €146,066 to €242,480
- Financial charges +€50,953
up €50,953 (+78.7%), from €64,719 to €115,672
- Depreciation +€9,714
up €9,714 (+4.4%), from €221,753 to €231,467
- Other operating charges +€8,861
up €8,861 (+39.5%), from €22,439 to €31,300
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,340,282 | €6,877,816 | +€2.5m | +58.5% |
| Fixed assets | 21/28 | €4,223,283 | €5,596,202 | +€1.4m | +32.5% |
| Tangible fixed assets | 22/27 | €4,223,033 | €5,595,952 | +€1.4m | +32.5% |
| Land and buildings | 22 | €4,223,033 | €5,525,057 | +€1.3m | +30.8% |
| Plant, machinery and equipment | 23 | - | €70,896 | +€70,896 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €116,998 | €1,281,614 | +€1.2m | +995.4% |
| Amounts receivable within one year | 40/41 | €16,522 | €1,099,863 | +€1.1m | +6557.0% |
| Trade receivables | 40 | €11,522 | €19,226 | +€7,705 | +66.9% |
| Other amounts receivable | 41 | €5,000 | €1,080,637 | +€1.1m | +21512.7% |
| Cash at bank and in hand | 54/58 | €93,932 | €181,195 | +€87,263 | +92.9% |
| Deferred charges and accrued income | 490/1 | €6,544 | €555 | -€5,989 | -91.5% |
| Total equity and liabilities | 10/49 | €4,340,282 | €6,877,816 | +€2.5m | +58.5% |
| Equity | 10/15 | €1,116,908 | €980,949 | -€135,959 | -12.2% |
| Contributions | 10/11 | €1,064,865 | €1,064,865 | = | 0.0% |
| Reserves | 13 | €52,043 | €0 | -€52,043 | -100.0% |
| Distributable reserves | 133 | €52,043 | €0 | -€52,043 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€83,916 | -€83,916 | |
| Amounts payable | 17/49 | €3,223,373 | €5,896,867 | +€2.7m | +82.9% |
| Amounts payable after more than one year | 17 | €2,689,060 | €2,573,092 | -€115,968 | -4.3% |
| Financial debts | 170/4 | €2,689,060 | €2,573,092 | -€115,968 | -4.3% |
| Amounts payable within one year | 42/48 | €524,372 | €3,321,365 | +€2.8m | +533.4% |
| Current portion of amounts payable after more than one year | 42 | €113,254 | €115,968 | +€2,714 | +2.4% |
| Financial debts | 43 | - | €1,530,000 | +€1.5m | |
| Credit institutions | 430/8 | - | €1,530,000 | +€1.5m | |
| Trade debts | 44 | €18,262 | €50,865 | +€32,603 | +178.5% |
| Suppliers | 440/4 | €18,262 | €50,865 | +€32,603 | +178.5% |
| Advances received on contracts in progress | 46 | - | €16,059 | +€16,059 | |
| Taxes, remuneration and social security | 45 | €13,182 | €12,362 | -€819 | -6.2% |
| Taxes | 450/3 | €13,182 | €12,362 | -€819 | -6.2% |
| Other amounts payable | 47/48 | €379,674 | €1,596,110 | +€1.2m | +320.4% |
| Accrued charges and deferred income | 492/3 | €9,941 | €2,410 | -€7,531 | -75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €221,753 | €231,467 | +€9,714 | +4.4% |
| Other operating charges | 640/8 | €22,439 | €31,300 | +€8,861 | +39.5% |
| Gross operating margin | 9900 | €146,066 | €242,480 | +€96,414 | +66.0% |
| Operating profit (loss) | 9901 | -€98,126 | -€20,287 | +€77,839 | +79.3% |
| Financial charges | 65/66B | €64,719 | €115,672 | +€50,953 | +78.7% |
| Recurring financial charges | 65 | €64,719 | €115,672 | +€50,953 | +78.7% |
| Profit (loss) for the period before taxes | 9903 | -€162,845 | -€135,959 | +€26,886 | +16.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€162,845 | -€135,959 | +€26,886 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€162,845 | -€135,959 | +€26,886 | +16.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.