LESSINE: 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.
LESSINE
Largest movements
- Receivables within one year +€567,503
up €567,503 (+21.9%), from €2.6m to €3.2m
of which Trade receivables: +€504,668
- Cash +€284,316
up €284,316 (+574.1%), from €49,524 to €333,840
mainly Trade debts (+€862,271) and Stocks and contracts (+€161,993)
- Stocks and contracts -€161,993
down €161,993 (-51.1%), from €317,276 to €155,282
- Trade debts +€862,271
up €862,271 (+51.3%), from €1.7m to €2.5m
- Accrued charges and deferred income -€123,482
down €123,482 (-33.9%), from €364,017 to €240,535
- Short-term financial debts -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Gross operating margin +€429,904
up €429,904 (+98.4%), from €436,693 to €866,597
- Other operating charges +€239,118
up €239,118 (+16899.9%), from €1,415 to €240,533
- Staff costs +€81,078
up €81,078 (+23.3%), from €348,366 to €429,445
- Taxes +€27,428
up €27,428 (+129.2%), from €21,235 to €48,663
- Financial charges +€18,319
up €18,319 (+169.9%), from €10,783 to €29,102
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 | €4,589,968 | €5,236,776 | +€646,808 | +14.1% |
| Fixed assets | 21/28 | €1,579,515 | €1,580,187 | +€672 | 0.0% |
| Tangible fixed assets | 22/27 | €6,585 | €7,257 | +€672 | +10.2% |
| Furniture and vehicles | 24 | €6,585 | €7,257 | +€672 | +10.2% |
| Financial fixed assets | 28 | €1,572,929 | €1,572,929 | = | 0.0% |
| Current assets | 29/58 | €3,010,454 | €3,656,589 | +€646,136 | +21.5% |
| Stocks and contracts in progress | 3 | €317,276 | €155,282 | -€161,993 | -51.1% |
| Stocks | 30/36 | €317,276 | €155,282 | -€161,993 | -51.1% |
| Amounts receivable within one year | 40/41 | €2,587,444 | €3,154,947 | +€567,503 | +21.9% |
| Trade receivables | 40 | €1,544,085 | €2,048,752 | +€504,668 | +32.7% |
| Other amounts receivable | 41 | €1,043,359 | €1,106,195 | +€62,836 | +6.0% |
| Cash at bank and in hand | 54/58 | €49,524 | €333,840 | +€284,316 | +574.1% |
| Deferred charges and accrued income | 490/1 | €56,210 | €12,519 | -€43,691 | -77.7% |
| Total equity and liabilities | 10/49 | €4,589,968 | €5,236,776 | +€646,808 | +14.1% |
| Equity | 10/15 | €2,135,945 | €2,132,899 | -€3,047 | -0.1% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Capital | 10 | €450,000 | €450,000 | = | 0.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,000 | €45,000 | = | 0.0% |
| Legal reserve | 130 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,640,945 | €1,637,899 | -€3,047 | -0.2% |
| Amounts payable | 17/49 | €2,454,023 | €3,103,877 | +€649,854 | +26.5% |
| Amounts payable within one year | 42/48 | €2,090,006 | €2,863,342 | +€773,336 | +37.0% |
| Financial debts | 43 | €100,000 | €0 | -€100,000 | -100.0% |
| Credit institutions | 430/8 | €100,000 | €0 | -€100,000 | -100.0% |
| Trade debts | 44 | €1,681,073 | €2,543,344 | +€862,271 | +51.3% |
| Suppliers | 440/4 | €1,681,073 | €2,543,344 | +€862,271 | +51.3% |
| Taxes, remuneration and social security | 45 | €57,826 | €70,243 | +€12,417 | +21.5% |
| Taxes | 450/3 | €19,770 | €28,370 | +€8,600 | +43.5% |
| Remuneration and social security | 454/9 | €38,056 | €41,873 | +€3,817 | +10.0% |
| Other amounts payable | 47/48 | €251,107 | €249,755 | -€1,352 | -0.5% |
| Accrued charges and deferred income | 492/3 | €364,017 | €240,535 | -€123,482 | -33.9% |
| Non-recurring operating income | 76A | €10,808 | €0 | -€10,808 | -100.0% |
| Remuneration, social security and pensions | 62 | €348,366 | €429,445 | +€81,078 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,212 | €3,254 | -€958 | -22.7% |
| Other operating charges | 640/8 | €1,415 | €240,533 | +€239,118 | +16899.9% |
| Gross operating margin | 9900 | €436,693 | €866,597 | +€429,904 | +98.4% |
| Operating profit (loss) | 9901 | €82,700 | €193,365 | +€110,666 | +133.8% |
| Financial income | 75/76B | €0 | €4,189 | +€4,189 | +4189180.0% |
| Recurring financial income | 75 | €0 | €4,189 | +€4,189 | +4189180.0% |
| Financial charges | 65/66B | €10,783 | €29,102 | +€18,319 | +169.9% |
| Recurring financial charges | 65 | €10,783 | €29,102 | +€18,319 | +169.9% |
| Profit (loss) for the period before taxes | 9903 | €71,917 | €168,452 | +€96,536 | +134.2% |
| Income taxes | 67/77 | €21,235 | €48,663 | +€27,428 | +129.2% |
| Profit (loss) for the period | 9904 | €50,682 | €119,789 | +€69,108 | +136.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,682 | €119,789 | +€69,108 | +136.4% |
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 4 October 2026 via checked.be.