LESY: 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.
LESY
Largest movements
- Cash -€2,448
down €2,448 (-10.0%), from €24,431 to €21,983
mainly Other debts (-€14,828) and Trade debts (-€275)
- Other debts -€14,828
down €14,828 (-22.7%), from €65,412 to €50,584
- Reserves +€11,754
up €11,754 (+32.1%), from €36,568 to €48,322
of which Distributable reserves: +€11,754
- Gross operating margin -€12,730
down €12,730 (-45.1%), from €28,245 to €15,516
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 | €121,748 | €118,399 | -€3,349 | -2.8% |
| Fixed assets | 21/28 | €95,834 | €95,464 | -€371 | -0.4% |
| Tangible fixed assets | 22/27 | €95,829 | €95,459 | -€371 | -0.4% |
| Land and buildings | 22 | €95,293 | €95,293 | = | 0.0% |
| Furniture and vehicles | 24 | €536 | €166 | -€371 | -69.1% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €25,914 | €22,936 | -€2,978 | -11.5% |
| Amounts receivable within one year | 40/41 | €280 | €21 | -€259 | -92.4% |
| Trade receivables | 40 | €21 | €21 | = | 0.0% |
| Other amounts receivable | 41 | €259 | €0 | -€259 | -100.0% |
| Cash at bank and in hand | 54/58 | €24,431 | €21,983 | -€2,448 | -10.0% |
| Deferred charges and accrued income | 490/1 | €1,203 | €931 | -€272 | -22.6% |
| Total equity and liabilities | 10/49 | €121,748 | €118,399 | -€3,349 | -2.8% |
| Equity | 10/15 | €55,168 | €66,922 | +€11,754 | +21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,568 | €48,322 | +€11,754 | +32.1% |
| Tax-exempt reserves | 132 | €293 | €293 | = | 0.0% |
| Distributable reserves | 133 | €36,276 | €48,030 | +€11,754 | +32.4% |
| Amounts payable | 17/49 | €66,580 | €51,477 | -€15,103 | -22.7% |
| Amounts payable within one year | 42/48 | €66,580 | €51,477 | -€15,103 | -22.7% |
| Trade debts | 44 | €998 | €723 | -€275 | -27.5% |
| Suppliers | 440/4 | €998 | €723 | -€275 | -27.5% |
| Taxes, remuneration and social security | 45 | €171 | €171 | = | 0.0% |
| Taxes | 450/3 | €171 | €171 | = | 0.0% |
| Other amounts payable | 47/48 | €65,412 | €50,584 | -€14,828 | -22.7% |
| Non-recurring operating income | 76A | €3,736 | €0 | -€3,736 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €543 | €371 | -€172 | -31.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,851 | €2,938 | +€87 | +3.1% |
| Gross operating margin | 9900 | €28,245 | €15,516 | -€12,730 | -45.1% |
| Operating profit (loss) | 9901 | €24,852 | €12,207 | -€12,645 | -50.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -2.4% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -2.4% |
| Financial charges | 65/66B | €399 | €454 | +€55 | +13.7% |
| Recurring financial charges | 65 | €399 | €454 | +€55 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €24,453 | €11,754 | -€12,699 | -51.9% |
| Income taxes | 67/77 | €62 | €0 | -€62 | -99.8% |
| Profit (loss) for the period | 9904 | €24,391 | €11,754 | -€12,637 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,391 | €11,754 | -€12,637 | -51.8% |
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 10 October 2026 via checked.be.