LESCRENIER: 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.
LESCRENIER
Largest movements
- Stocks and contracts -€23,822
down €23,822 (-19.2%), from €123,833 to €100,011
- Tangible fixed assets -€18,890
down €18,890 (-17.6%), from €107,352 to €88,462
of which Land and buildings: -€9,537
- Receivables after one year +€15,000
up €15,000 (+187.5%), from €8,000 to €23,000
- Trade debts -€29,556
down €29,556 (-56.8%), from €52,066 to €22,510
- Other debts +€25,258
up €25,258 (+6903.1%), from €366 to €25,624
- Debts after one year -€16,858
down €16,858 (-32.7%), from €51,622 to €34,764
- Reserves -€16,578
down €16,578 (-6.0%), from €277,660 to €261,082
- Profit (loss) carried forward +€5,983
up €5,983, from -€5,962 to €21
- Gross operating margin +€8,354
up €8,354 (+11.1%), from €75,064 to €83,417
- Taxes +€7,386
up €7,386 (+4037.9%), from €183 to €7,569
- Staff costs +€3,594
up €3,594 (+10.4%), from €34,421 to €38,015
- Depreciation -€3,046
down €3,046 (-13.9%), from €21,937 to €18,890
- Financial charges -€867
down €867 (-22.8%), from €3,798 to €2,932
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 | €439,050 | €407,905 | -€31,145 | -7.1% |
| Fixed assets | 21/28 | €107,352 | €88,462 | -€18,890 | -17.6% |
| Tangible fixed assets | 22/27 | €107,352 | €88,462 | -€18,890 | -17.6% |
| Land and buildings | 22 | €83,697 | €74,160 | -€9,537 | -11.4% |
| Plant, machinery and equipment | 23 | €18 | - | -€18 | |
| Furniture and vehicles | 24 | €23,637 | €14,301 | -€9,336 | -39.5% |
| Current assets | 29/58 | €331,698 | €319,443 | -€12,254 | -3.7% |
| Amounts receivable after more than one year | 29 | €8,000 | €23,000 | +€15,000 | +187.5% |
| Trade receivables | 290 | €8,000 | €23,000 | +€15,000 | +187.5% |
| Stocks and contracts in progress | 3 | €123,833 | €100,011 | -€23,822 | -19.2% |
| Stocks | 30/36 | €123,833 | €100,011 | -€23,822 | -19.2% |
| Amounts receivable within one year | 40/41 | €6,169 | €4,845 | -€1,324 | -21.5% |
| Trade receivables | 40 | €1,324 | - | -€1,324 | |
| Other amounts receivable | 41 | €4,845 | €4,845 | = | 0.0% |
| Current investments | 50/53 | €101,968 | €102,982 | +€1,013 | +1.0% |
| Cash at bank and in hand | 54/58 | €91,728 | €88,606 | -€3,122 | -3.4% |
| Total equity and liabilities | 10/49 | €439,050 | €407,905 | -€31,145 | -7.1% |
| Equity | 10/15 | €290,290 | €279,695 | -€10,595 | -3.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €277,660 | €261,082 | -€16,578 | -6.0% |
| Distributable reserves | 133 | €277,660 | €261,082 | -€16,578 | -6.0% |
| Profit (loss) carried forward | 14 | -€5,962 | €21 | +€5,983 | |
| Amounts payable | 17/49 | €148,760 | €128,210 | -€20,550 | -13.8% |
| Amounts payable after more than one year | 17 | €51,622 | €34,764 | -€16,858 | -32.7% |
| Financial debts | 170/4 | €51,622 | €34,764 | -€16,858 | -32.7% |
| Amounts payable within one year | 42/48 | €97,138 | €93,446 | -€3,692 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €21,442 | €18,542 | -€2,900 | -13.5% |
| Trade debts | 44 | €52,066 | €22,510 | -€29,556 | -56.8% |
| Suppliers | 440/4 | €52,066 | €22,510 | -€29,556 | -56.8% |
| Taxes, remuneration and social security | 45 | €23,264 | €26,769 | +€3,506 | +15.1% |
| Taxes | 450/3 | €18,329 | €17,865 | -€464 | -2.5% |
| Remuneration and social security | 454/9 | €4,935 | €8,904 | +€3,969 | +80.4% |
| Other amounts payable | 47/48 | €366 | €25,624 | +€25,258 | +6903.1% |
| Remuneration, social security and pensions | 62 | €34,421 | €38,015 | +€3,594 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,937 | €18,890 | -€3,046 | -13.9% |
| Other operating charges | 640/8 | €5,282 | €5,168 | -€114 | -2.2% |
| Non-recurring operating charges | 66A | €18,362 | - | -€18,362 | |
| Gross operating margin | 9900 | €75,064 | €83,417 | +€8,354 | +11.1% |
| Operating profit (loss) | 9901 | -€4,938 | €21,344 | +€26,282 | |
| Financial income | 75/76B | €1,750 | €2,140 | +€390 | +22.3% |
| Recurring financial income | 75 | €1,750 | €2,140 | +€390 | +22.3% |
| Financial charges | 65/66B | €3,798 | €2,932 | -€867 | -22.8% |
| Recurring financial charges | 65 | €3,798 | €2,932 | -€867 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,986 | €20,553 | +€27,539 | |
| Transfer from deferred taxes | 780 | €241 | - | -€241 | |
| Income taxes | 67/77 | €183 | €7,569 | +€7,386 | +4037.9% |
| Profit (loss) for the period | 9904 | -€6,928 | €12,983 | +€19,911 | |
| Transfer from tax-exempt reserves | 789 | €966 | - | -€966 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,962 | €12,983 | +€18,945 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.