LESIRE: 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.
LESIRE
Largest movements
- Cash +€402,308
up €402,308 (+177%), from €227,222 to €629,530
mainly Net result for the year (+€396,017) and Depreciation (+€31,593)
- Tangible fixed assets -€25,418
down €25,418 (-4.2%), from €611,582 to €586,164
of which Land and buildings: -€16,996
- Reserves +€389,157
up €389,157 (+27.7%), from €1.4m to €1.8m
of which Distributable reserves: +€389,157
- Tax, wage and social debts +€28,560
up €28,560 (+127%), from €22,575 to €51,135
- Other debts -€27,046
down €27,046 (-93.4%), from €28,964 to €1,919
- Depreciation -€68,028
down €68,028 (-68.3%), from €99,621 to €31,593
- Taxes +€24,199
up €24,199 (+15.6%), from €155,107 to €179,307
- Gross operating margin +€6,536
up €6,536 (+1.1%), from €577,001 to €583,537
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 | €1,637,760 | €2,019,473 | +€381,713 | +23.3% |
| Fixed assets | 21/28 | €611,582 | €586,164 | -€25,418 | -4.2% |
| Tangible fixed assets | 22/27 | €611,582 | €586,164 | -€25,418 | -4.2% |
| Land and buildings | 22 | €578,826 | €561,830 | -€16,996 | -2.9% |
| Plant, machinery and equipment | 23 | €4,830 | €3,292 | -€1,538 | -31.8% |
| Furniture and vehicles | 24 | €27,926 | €21,042 | -€6,884 | -24.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €1,026,178 | €1,433,309 | +€407,131 | +39.7% |
| Amounts receivable within one year | 40/41 | €798,522 | €803,324 | +€4,802 | +0.6% |
| Trade receivables | 40 | €243,300 | €243,300 | = | 0.0% |
| Other amounts receivable | 41 | €555,222 | €560,024 | +€4,802 | +0.9% |
| Cash at bank and in hand | 54/58 | €227,222 | €629,530 | +€402,308 | +177% |
| Deferred charges and accrued income | 490/1 | €434 | €455 | +€21 | +4.9% |
| Total equity and liabilities | 10/49 | €1,637,760 | €2,019,473 | +€381,713 | +23.3% |
| Equity | 10/15 | €1,497,263 | €1,892,420 | +€395,158 | +26.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €22,001 | €22,001 | = | 0.0% |
| Reserves | 13 | €1,403,987 | €1,793,145 | +€389,157 | +27.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,403,987 | €1,793,145 | +€389,157 | +27.7% |
| Profit (loss) carried forward | 14 | €52,683 | €58,683 | +€6,000 | +11.4% |
| Amounts payable | 17/49 | €140,498 | €127,053 | -€13,445 | -9.6% |
| Amounts payable after more than one year | 17 | €71,305 | €53,447 | -€17,857 | -25.0% |
| Financial debts | 170/4 | €71,305 | €53,447 | -€17,857 | -25.0% |
| Amounts payable within one year | 42/48 | €69,193 | €73,605 | +€4,413 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €17,624 | €17,857 | +€234 | +1.3% |
| Financial debts | 43 | €0 | €14 | +€14 | |
| Credit institutions | 430/8 | €0 | €14 | +€14 | |
| Trade debts | 44 | €30 | €2,681 | +€2,651 | +8,836% |
| Suppliers | 440/4 | €30 | €2,681 | +€2,651 | +8,836% |
| Taxes, remuneration and social security | 45 | €22,575 | €51,135 | +€28,560 | +127% |
| Taxes | 450/3 | €22,575 | €51,135 | +€28,560 | +127% |
| Other amounts payable | 47/48 | €28,964 | €1,919 | -€27,046 | -93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,621 | €31,593 | -€68,028 | -68.3% |
| Other operating charges | 640/8 | €5,141 | €5,550 | +€408 | +7.9% |
| Non-recurring operating charges | 66A | €70 | €0 | -€70 | -100% |
| Gross operating margin | 9900 | €577,001 | €583,537 | +€6,536 | +1.1% |
| Operating profit (loss) | 9901 | €472,169 | €546,394 | +€74,225 | +15.7% |
| Financial income | 75/76B | €31,713 | €30,244 | -€1,469 | -4.6% |
| Recurring financial income | 75 | €31,713 | €30,244 | -€1,469 | -4.6% |
| Financial charges | 65/66B | €4,500 | €1,314 | -€3,185 | -70.8% |
| Recurring financial charges | 65 | €4,500 | €1,314 | -€3,185 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €499,382 | €575,323 | +€75,941 | +15.2% |
| Income taxes | 67/77 | €155,107 | €179,307 | +€24,199 | +15.6% |
| Profit (loss) for the period | 9904 | €344,275 | €396,017 | +€51,741 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €344,275 | €396,017 | +€51,741 | +15.0% |
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 16 October 2026 via checked.be.