Lester Evans: 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.
Lester Evans
Largest movements
- Cash -€16,635
down €16,635 (-54.5%), from €30,520 to €13,885
mainly Contributions, distributions and other (-€40,000) and Receivables within one year (-€14,557)
- Receivables within one year +€14,557
up €14,557 (+107%), from €13,666 to €28,223
of which Trade receivables: +€12,736
- Tangible fixed assets +€2,267
up €2,267 (+28.6%), from €7,936 to €10,203
of which Plant, machinery and equipment: +€3,177
- Deferred charges and accrued income +€1,441
up €1,441 (+151%), from €954 to €2,395
- Other debts +€13,250
up €13,250 (+55.8%), from €23,750 to €37,000
- Profit (loss) carried forward -€10,255
down €10,255 (-60.9%), from €16,829 to €6,573
- Tax, wage and social debts -€2,406
down €2,406 (-28.2%), from €8,527 to €6,121
of which Taxes: -€2,406
- Trade debts +€1,042
up €1,042 (+107%), from €971 to €2,012
- Gross operating margin -€2,784
down €2,784 (-6.3%), from €44,258 to €41,474
- Depreciation -€763
down €763 (-33.0%), from €2,313 to €1,551
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 | €53,076 | €54,707 | +€1,630 | +3.1% |
| Fixed assets | 21/28 | €7,936 | €10,203 | +€2,267 | +28.6% |
| Tangible fixed assets | 22/27 | €7,936 | €10,203 | +€2,267 | +28.6% |
| Plant, machinery and equipment | 23 | €791 | €3,968 | +€3,177 | +402% |
| Furniture and vehicles | 24 | €374 | €165 | -€209 | -55.9% |
| Other tangible fixed assets | 26 | €6,771 | €6,071 | -€700 | -10.3% |
| Current assets | 29/58 | €45,141 | €44,504 | -€637 | -1.4% |
| Amounts receivable within one year | 40/41 | €13,666 | €28,223 | +€14,557 | +107% |
| Trade receivables | 40 | €13,402 | €26,137 | +€12,736 | +95.0% |
| Other amounts receivable | 41 | €265 | €2,085 | +€1,821 | +688% |
| Cash at bank and in hand | 54/58 | €30,520 | €13,885 | -€16,635 | -54.5% |
| Deferred charges and accrued income | 490/1 | €954 | €2,395 | +€1,441 | +151% |
| Total equity and liabilities | 10/49 | €53,076 | €54,707 | +€1,630 | +3.1% |
| Equity | 10/15 | €19,829 | €9,573 | -€10,255 | -51.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,829 | €6,573 | -€10,255 | -60.9% |
| Amounts payable | 17/49 | €33,248 | €45,133 | +€11,886 | +35.7% |
| Amounts payable within one year | 42/48 | €33,248 | €45,133 | +€11,886 | +35.7% |
| Trade debts | 44 | €971 | €2,012 | +€1,042 | +107% |
| Suppliers | 440/4 | €971 | €2,012 | +€1,042 | +107% |
| Taxes, remuneration and social security | 45 | €8,527 | €6,121 | -€2,406 | -28.2% |
| Taxes | 450/3 | €8,492 | €6,086 | -€2,406 | -28.3% |
| Remuneration and social security | 454/9 | €35 | €35 | = | 0.0% |
| Other amounts payable | 47/48 | €23,750 | €37,000 | +€13,250 | +55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,313 | €1,551 | -€763 | -33.0% |
| Other operating charges | 640/8 | €814 | €774 | -€40 | -4.9% |
| Gross operating margin | 9900 | €44,258 | €41,474 | -€2,784 | -6.3% |
| Operating profit (loss) | 9901 | €41,131 | €39,149 | -€1,981 | -4.8% |
| Financial charges | 65/66B | €984 | €828 | -€156 | -15.9% |
| Recurring financial charges | 65 | €984 | €828 | -€156 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €40,146 | €38,321 | -€1,825 | -4.5% |
| Income taxes | 67/77 | €8,838 | €8,576 | -€262 | -3.0% |
| Profit (loss) for the period | 9904 | €31,308 | €29,745 | -€1,563 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,308 | €29,745 | -€1,563 | -5.0% |
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 17 October 2026 via checked.be.