LESSINES INDUSTRIES: 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.
What changed
LESSINES INDUSTRIES
NACE 33.200, Installation of industrial machinery and equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€353,638
2024 · €7,175+€346,463
Equity
€540,372
2024 · €326,734+€213,638
Cash
€54,077
2024 · €72,423-€18,345
Balance sheet total
€3.4m
2024 · €3.3m+€129,646
Largest movements
Assets
- Receivables within one year +€422,164
up €422,164 (+17.8%), from €2.4m to €2.8m
of which Trade receivables: +€419,861
- Stocks and contracts -€174,991
down €174,991 (-48.6%), from €359,755 to €184,764
- Deferred charges and accrued income -€103,266
down €103,266 (-62.2%), from €165,988 to €62,722
Equity and liabilities
- Profit (loss) carried forward +€213,638
up €213,638 (+141%), from €151,734 to €365,372
- Other debts +€140,000
up €140,000 (+16.4%), from €852,402 to €992,402
- Trade debts -€139,994
down €139,994 (-10.8%), from €1.3m to €1.2m
- Short-term financial debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tax, wage and social debts +€70,837
up €70,837 (+78.3%), from €90,433 to €161,269
of which Taxes: +€76,720
Income statement
- Gross operating margin +€360,650
up €360,650 (+37.0%), from €974,753 to €1.3m
- Taxes +€44,229
up €44,229 (+16,820%), from €263 to €44,492
- Staff costs -€33,760
down €33,760 (-3.9%), from €868,617 to €834,856
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.
Result 2024
€7,175
Gross operating margin
+€360,650
Staff costs
+€33,760
Depreciation
-€7,800
Write-downs
+€960
Other operating charges
+€9,919
Financial income
-€4,832
Financial charges
-€1,965
Taxes
-€44,229
Result 2025
€353,638
raises the resultlowers the result
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.
From operations
+€310,466
Investment
-€88,811
Financing
-€240,000
Cash 2024
€72,423
From operations (derived)
+€310,466
Net result for the year
+€353,638
Depreciation
+€84,726
Stocks and contracts
+€174,991
Receivables within one year
-€422,164
Deferred charges and accrued income
+€103,266
Trade debts
-€139,994
Tax, wage and social debts
+€70,837
Advances received
+€3,974
Other debts
+€140,000
Accrued charges and deferred income
-€58,809
Investment (derived)
-€88,811
Investment in fixed assets (net)
-€88,811
Financing
-€240,000
Short-term financial debts
-€100,000
Contributions, distributions and other
-€140,000
Cash 2025
€54,077
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,311,610 | €3,441,256 | +€129,646 | +3.9% |
| Fixed assets | 21/28 | €337,357 | €341,441 | +€4,085 | +1.2% |
| Intangible fixed assets | 21 | €18,192 | €8,314 | -€9,878 | -54.3% |
| Tangible fixed assets | 22/27 | €316,643 | €330,505 | +€13,862 | +4.4% |
| Land and buildings | 22 | €122,677 | €117,764 | -€4,913 | -4.0% |
| Plant, machinery and equipment | 23 | €89,509 | €75,301 | -€14,208 | -15.9% |
| Furniture and vehicles | 24 | €96,751 | €130,579 | +€33,828 | +35.0% |
| Other tangible fixed assets | 26 | €7,707 | €6,862 | -€845 | -11.0% |
| Financial fixed assets | 28 | €2,522 | €2,622 | +€100 | +4.0% |
| Current assets | 29/58 | €2,974,253 | €3,099,815 | +€125,561 | +4.2% |
| Stocks and contracts in progress | 3 | €359,755 | €184,764 | -€174,991 | -48.6% |
| Stocks | 30/36 | €359,755 | €184,764 | -€174,991 | -48.6% |
| Amounts receivable within one year | 40/41 | €2,376,087 | €2,798,251 | +€422,164 | +17.8% |
| Trade receivables | 40 | €2,318,337 | €2,738,198 | +€419,861 | +18.1% |
| Other amounts receivable | 41 | €57,750 | €60,053 | +€2,303 | +4.0% |
| Cash at bank and in hand | 54/58 | €72,423 | €54,077 | -€18,345 | -25.3% |
| Deferred charges and accrued income | 490/1 | €165,988 | €62,722 | -€103,266 | -62.2% |
| Total equity and liabilities | 10/49 | €3,311,610 | €3,441,256 | +€129,646 | +3.9% |
| Equity | 10/15 | €326,734 | €540,372 | +€213,638 | +65.4% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,734 | €365,372 | +€213,638 | +141% |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €8,418 | €8,418 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €8,418 | €8,418 | = | 0.0% |
| Pensions and similar obligations | 160 | €8,418 | €8,418 | = | 0.0% |
| Amounts payable | 17/49 | €2,976,458 | €2,892,466 | -€83,992 | -2.8% |
| Amounts payable within one year | 42/48 | €2,335,843 | €2,310,660 | -€25,183 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €100,000 | €0 | -€100,000 | -100% |
| Credit institutions | 430/8 | €100,000 | €0 | -€100,000 | -100% |
| Trade debts | 44 | €1,293,008 | €1,153,015 | -€139,994 | -10.8% |
| Suppliers | 440/4 | €1,293,008 | €1,153,015 | -€139,994 | -10.8% |
| Advances received on contracts in progress | 46 | - | €3,974 | +€3,974 | |
| Taxes, remuneration and social security | 45 | €90,433 | €161,269 | +€70,837 | +78.3% |
| Taxes | 450/3 | €5,084 | €81,804 | +€76,720 | +1,509% |
| Remuneration and social security | 454/9 | €85,349 | €79,465 | -€5,884 | -6.9% |
| Other amounts payable | 47/48 | €852,402 | €992,402 | +€140,000 | +16.4% |
| Accrued charges and deferred income | 492/3 | €640,615 | €581,806 | -€58,809 | -9.2% |
| Non-recurring operating income | 76A | - | €1,238 | +€1,238 | |
| Remuneration, social security and pensions | 62 | €868,617 | €834,856 | -€33,760 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,927 | €84,726 | +€7,800 | +10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €960 | €0 | -€960 | -100% |
| Other operating charges | 640/8 | €17,526 | €7,607 | -€9,919 | -56.6% |
| Gross operating margin | 9900 | €974,753 | €1,335,403 | +€360,650 | +37.0% |
| Operating profit (loss) | 9901 | €10,723 | €408,213 | +€397,489 | +3,707% |
| Financial income | 75/76B | €4,869 | €36 | -€4,832 | -99.3% |
| Recurring financial income | 75 | €4,869 | €36 | -€4,832 | -99.3% |
| Financial charges | 65/66B | €8,154 | €10,119 | +€1,965 | +24.1% |
| Recurring financial charges | 65 | €8,154 | €10,119 | +€1,965 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €7,438 | €398,130 | +€390,692 | +5,252% |
| Income taxes | 67/77 | €263 | €44,492 | +€44,229 | +16,820% |
| Profit (loss) for the period | 9904 | €7,175 | €353,638 | +€346,463 | +4,828% |
| Profit (loss) for the period to be appropriated | 9905 | €7,175 | €353,638 | +€346,463 | +4,828% |
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 22 October 2026 via checked.be.