LESSINES EQUILIS: 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.
LESSINES EQUILIS
Largest movements
- Tangible fixed assets -€249,553
down €249,553 (-2.6%), from €9.4m to €9.2m
- Cash -€195,210
down €195,210 (-98.9%), from €197,328 to €2,118
mainly Debts after one year (-€6.5m) and Net result for the year (-€302,086)
- Debts after one year -€6.5m
down €6.5m (-61.0%), from €10.7m to €4.2m
of which Financial debts: -€6.1m
- Short-term financial debts +€6.1m
new in 2025: €6.1m
- Profit (loss) carried forward -€302,086
down €302,086 (-29.4%), from -€1.0m to -€1.3m
- Trade debts +€242,241
up €242,241 (+488.0%), from €49,641 to €291,882
- Financial charges -€208,523
down €208,523 (-32.2%), from €647,363 to €438,840
- Turnover +€171,997
up €171,997 (+52.4%), from €328,159 to €500,156
- Services and other goods +€170,139
up €170,139 (+116.5%), from €146,040 to €316,179
- Other operating income +€60,421
up €60,421 (+116.5%), from €51,875 to €112,296
- Other operating charges +€39,200
up €39,200 (+2059.0%), from €1,904 to €41,104
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 | €9,751,971 | €9,298,238 | -€453,733 | -4.7% |
| Fixed assets | 21/28 | €9,428,085 | €9,178,533 | -€249,553 | -2.6% |
| Tangible fixed assets | 22/27 | €9,428,085 | €9,178,533 | -€249,553 | -2.6% |
| Land and buildings | 22 | €9,428,085 | €9,178,533 | -€249,553 | -2.6% |
| Current assets | 29/58 | €323,885 | €119,705 | -€204,180 | -63.0% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €121,402 | €115,248 | -€6,154 | -5.1% |
| Trade receivables | 40 | €121,402 | €99,245 | -€22,157 | -18.3% |
| Other amounts receivable | 41 | - | €16,003 | +€16,003 | |
| Cash at bank and in hand | 54/58 | €197,328 | €2,118 | -€195,210 | -98.9% |
| Deferred charges and accrued income | 490/1 | €5,155 | €2,339 | -€2,816 | -54.6% |
| Total equity and liabilities | 10/49 | €9,751,971 | €9,298,238 | -€453,733 | -4.7% |
| Equity | 10/15 | -€965,735 | -€1,267,821 | -€302,086 | -31.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,027,735 | -€1,329,821 | -€302,086 | -29.4% |
| Amounts payable | 17/49 | €10,717,706 | €10,566,059 | -€151,647 | -1.4% |
| Amounts payable after more than one year | 17 | €10,653,173 | €4,151,223 | -€6.5m | -61.0% |
| Financial debts | 170/4 | €6,100,000 | €0 | -€6.1m | -100.0% |
| Credit institutions | 173 | €6,100,000 | €0 | -€6.1m | -100.0% |
| Other amounts payable | 178/9 | €4,553,173 | €4,151,223 | -€401,950 | -8.8% |
| Amounts payable within one year | 42/48 | €64,533 | €6,414,836 | +€6.4m | +9840.4% |
| Financial debts | 43 | - | €6,118,772 | +€6.1m | |
| Credit institutions | 430/8 | - | €6,118,772 | +€6.1m | |
| Trade debts | 44 | €49,641 | €291,882 | +€242,241 | +488.0% |
| Suppliers | 440/4 | €49,641 | €291,882 | +€242,241 | +488.0% |
| Advances received on contracts in progress | 46 | - | €4,181 | +€4,181 | |
| Taxes, remuneration and social security | 45 | €14,892 | €0 | -€14,892 | -100.0% |
| Taxes | 450/3 | €14,892 | €0 | -€14,892 | -100.0% |
| Operating income | 70/76A | €380,034 | €952,928 | +€572,894 | +150.7% |
| Turnover | 70 | €328,159 | €500,156 | +€171,997 | +52.4% |
| Other operating income | 74 | €51,875 | €112,296 | +€60,421 | +116.5% |
| Non-recurring operating income | 76A | - | €340,476 | +€340,476 | |
| Operating charges | 60/66A | €569,676 | €816,173 | +€246,498 | +43.3% |
| Services and other goods | 61 | €146,040 | €316,179 | +€170,139 | +116.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €421,732 | €458,891 | +€37,159 | +8.8% |
| Other operating charges | 640/8 | €1,904 | €41,104 | +€39,200 | +2059.0% |
| Operating profit (loss) | 9901 | -€189,641 | €136,754 | +€326,396 | |
| Financial charges | 65/66B | €647,363 | €438,840 | -€208,523 | -32.2% |
| Recurring financial charges | 65 | €647,363 | €438,840 | -€208,523 | -32.2% |
| Debt charges | 650 | €634,815 | €436,410 | -€198,406 | -31.3% |
| Other financial charges | 652/9 | €12,548 | €2,431 | -€10,117 | -80.6% |
| Profit (loss) for the period before taxes | 9903 | -€837,004 | -€302,086 | +€534,919 | +63.9% |
| Profit (loss) for the period | 9904 | -€837,004 | -€302,086 | +€534,919 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€837,004 | -€302,086 | +€534,919 | +63.9% |
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 7 October 2026 via checked.be.