LESTI: 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.
LESTI
Largest movements
- Cash -€16,002
down €16,002 (-27.2%), from €58,936 to €42,933
mainly Other debts (-€20,191) and Investment in fixed assets (net) (-€14,033)
- Tangible fixed assets -€1,763
down €1,763 (-7.4%), from €23,690 to €21,927
of which Other tangible fixed assets: -€3,142
- Receivables within one year +€1,645
up €1,645 (+712.8%), from €231 to €1,876
of which Trade receivables: +€1,120
- Intangible fixed assets -€1,299
no longer reported in 2025 (was €1,299)
- Other debts -€20,191
down €20,191 (-57.6%), from €35,047 to €14,857
- Profit (loss) carried forward +€11,656
up €11,656 (+51.4%), from -€22,679 to -€11,023
- Current portion of long-term debt -€5,948
down €5,948 (-66.3%), from €8,971 to €3,023
- Debts after one year -€3,023
no longer reported in 2025 (was €3,023)
- Depreciation -€12,168
down €12,168 (-41.6%), from €29,263 to €17,095
- Gross operating margin +€12,124
up €12,124 (+10.5%), from €115,031 to €127,154
- Staff costs +€8,050
up €8,050 (+9.7%), from €82,741 to €90,791
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 | €96,863 | €78,589 | -€18,273 | -18.9% |
| Fixed assets | 21/28 | €27,189 | €24,127 | -€3,063 | -11.3% |
| Intangible fixed assets | 21 | €1,299 | - | -€1,299 | |
| Tangible fixed assets | 22/27 | €23,690 | €21,927 | -€1,763 | -7.4% |
| Plant, machinery and equipment | 23 | €3,266 | €1,840 | -€1,426 | -43.7% |
| Furniture and vehicles | 24 | €8,502 | €11,307 | +€2,805 | +33.0% |
| Other tangible fixed assets | 26 | €11,922 | €8,780 | -€3,142 | -26.4% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €69,673 | €54,462 | -€15,211 | -21.8% |
| Stocks and contracts in progress | 3 | €7,152 | €6,280 | -€872 | -12.2% |
| Stocks | 30/36 | €7,152 | €6,280 | -€872 | -12.2% |
| Amounts receivable within one year | 40/41 | €231 | €1,876 | +€1,645 | +712.8% |
| Trade receivables | 40 | - | €1,120 | +€1,120 | |
| Other amounts receivable | 41 | €231 | €756 | +€525 | +227.4% |
| Cash at bank and in hand | 54/58 | €58,936 | €42,933 | -€16,002 | -27.2% |
| Deferred charges and accrued income | 490/1 | €3,355 | €3,373 | +€19 | +0.6% |
| Total equity and liabilities | 10/49 | €96,863 | €78,589 | -€18,273 | -18.9% |
| Equity | 10/15 | €31,329 | €42,985 | +€11,656 | +37.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,408 | €35,408 | = | 0.0% |
| Distributable reserves | 133 | €35,408 | €35,408 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,679 | -€11,023 | +€11,656 | +51.4% |
| Amounts payable | 17/49 | €65,534 | €35,604 | -€29,930 | -45.7% |
| Amounts payable after more than one year | 17 | €3,023 | - | -€3,023 | |
| Financial debts | 170/4 | €3,023 | - | -€3,023 | |
| Amounts payable within one year | 42/48 | €60,636 | €33,790 | -€26,846 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €8,971 | €3,023 | -€5,948 | -66.3% |
| Trade debts | 44 | €4,567 | €4,226 | -€341 | -7.5% |
| Suppliers | 440/4 | €4,567 | €4,226 | -€341 | -7.5% |
| Taxes, remuneration and social security | 45 | €12,051 | €11,684 | -€367 | -3.0% |
| Taxes | 450/3 | €7,994 | €7,298 | -€697 | -8.7% |
| Remuneration and social security | 454/9 | €4,056 | €4,386 | +€330 | +8.1% |
| Other amounts payable | 47/48 | €35,047 | €14,857 | -€20,191 | -57.6% |
| Accrued charges and deferred income | 492/3 | €1,875 | €1,814 | -€60 | -3.2% |
| Remuneration, social security and pensions | 62 | €82,741 | €90,791 | +€8,050 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,263 | €17,095 | -€12,168 | -41.6% |
| Other operating charges | 640/8 | €707 | €737 | +€30 | +4.3% |
| Gross operating margin | 9900 | €115,031 | €127,154 | +€12,124 | +10.5% |
| Operating profit (loss) | 9901 | €2,319 | €18,531 | +€16,211 | +699.0% |
| Financial income | 75/76B | €514 | €382 | -€132 | -25.7% |
| Recurring financial income | 75 | €514 | €382 | -€132 | -25.7% |
| Financial charges | 65/66B | €1,139 | €2,022 | +€883 | +77.5% |
| Recurring financial charges | 65 | €1,139 | €2,022 | +€883 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | €1,694 | €16,890 | +€15,197 | +897.3% |
| Income taxes | 67/77 | €5,021 | €5,234 | +€213 | +4.2% |
| Profit (loss) for the period | 9904 | -€3,327 | €11,656 | +€14,984 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,327 | €11,656 | +€14,984 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.