LESNE & FILS: what changed
LESNE & FILS
Largest movements
- Receivables within one year -€132,368
down €132,368 (-64.1%), from €206,414 to €74,046
of which Trade receivables: -€133,365
- Cash +€31,314
up €31,314 (+704%), from €4,450 to €35,764
mainly Receivables within one year (+€132,368) and Depreciation (+€24,475)
- Tangible fixed assets -€23,345
down €23,345 (-94.7%), from €24,658 to €1,313
of which Leasing and similar rights: -€24,000
- Deferred charges and accrued income -€8,358
down €8,358 (-74.3%), from €11,246 to €2,888
- Short-term financial debts -€55,607
no longer reported in 2025 (was €55,607)
- Tax, wage and social debts -€38,945
down €38,945 (-90.7%), from €42,936 to €3,991
of which Taxes: -€24,662
- Debts after one year -€17,405
no longer reported in 2025 (was €17,405)
- Trade debts -€15,245
down €15,245 (-56.6%), from €26,939 to €11,694
- Current portion of long-term debt -€7,245
down €7,245 (-29.4%), from €24,650 to €17,405
- Gross operating margin -€78,299
down €78,299 (-45.0%), from €174,049 to €95,750
- Staff costs +€47,589
up €47,589 (+8,039%), from €592 to €48,181
- Depreciation -€4,390
down €4,390 (-15.2%), from €28,865 to €24,475
- Financial charges -€4,059
down €4,059 (-37.3%), from €10,889 to €6,830
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €247,438 | €114,891 | -€132,547 | -53.6% |
| Fixed assets | 21/28 | €25,328 | €2,193 | -€23,135 | -91.3% |
| Tangible fixed assets | 22/27 | €24,658 | €1,313 | -€23,345 | -94.7% |
| Furniture and vehicles | 24 | €658 | €1,313 | +€655 | +99.5% |
| Leasing and similar rights | 25 | €24,000 | - | -€24,000 | |
| Financial fixed assets | 28 | €670 | €880 | +€210 | +31.3% |
| Current assets | 29/58 | €222,110 | €112,699 | -€109,412 | -49.3% |
| Amounts receivable within one year | 40/41 | €206,414 | €74,046 | -€132,368 | -64.1% |
| Trade receivables | 40 | €206,051 | €72,686 | -€133,365 | -64.7% |
| Other amounts receivable | 41 | €363 | €1,360 | +€996 | +274% |
| Cash at bank and in hand | 54/58 | €4,450 | €35,764 | +€31,314 | +704% |
| Deferred charges and accrued income | 490/1 | €11,246 | €2,888 | -€8,358 | -74.3% |
| Total equity and liabilities | 10/49 | €247,438 | €114,891 | -€132,547 | -53.6% |
| Equity | 10/15 | €13,997 | €19,158 | +€5,161 | +36.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €246 | €246 | = | 0.0% |
| Distributable reserves | 133 | €246 | €246 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,351 | €6,512 | +€5,161 | +382% |
| Amounts payable | 17/49 | €233,441 | €95,733 | -€137,708 | -59.0% |
| Amounts payable after more than one year | 17 | €17,405 | - | -€17,405 | |
| Financial debts | 170/4 | €17,405 | - | -€17,405 | |
| Amounts payable within one year | 42/48 | €216,036 | €95,733 | -€120,303 | -55.7% |
| Current portion of amounts payable after more than one year | 42 | €24,650 | €17,405 | -€7,245 | -29.4% |
| Financial debts | 43 | €55,607 | - | -€55,607 | |
| Credit institutions | 430/8 | €55,607 | - | -€55,607 | |
| Trade debts | 44 | €26,939 | €11,694 | -€15,245 | -56.6% |
| Suppliers | 440/4 | €26,939 | €11,694 | -€15,245 | -56.6% |
| Taxes, remuneration and social security | 45 | €42,936 | €3,991 | -€38,945 | -90.7% |
| Taxes | 450/3 | €28,653 | €3,991 | -€24,662 | -86.1% |
| Remuneration and social security | 454/9 | €14,283 | - | -€14,283 | |
| Other amounts payable | 47/48 | €65,905 | €62,643 | -€3,262 | -4.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €592 | €48,181 | +€47,589 | +8,039% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,865 | €24,475 | -€4,390 | -15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €9,741 | €11,158 | +€1,417 | +14.5% |
| Gross operating margin | 9900 | €174,049 | €95,750 | -€78,299 | -45.0% |
| Operating profit (loss) | 9901 | €134,851 | €11,936 | -€122,914 | -91.1% |
| Financial income | 75/76B | €341 | €55 | -€286 | -83.8% |
| Recurring financial income | 75 | €341 | €55 | -€286 | -83.8% |
| Financial charges | 65/66B | €10,889 | €6,830 | -€4,059 | -37.3% |
| Recurring financial charges | 65 | €10,889 | €6,830 | -€4,059 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €124,303 | €5,161 | -€119,141 | -95.8% |
| Profit (loss) for the period | 9904 | €124,303 | €5,161 | -€119,141 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €124,303 | €5,161 | -€119,141 | -95.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.