Lets Connect Solutions: 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.
Lets Connect Solutions
Largest movements
- Deferred charges and accrued income -€65,601
down €65,601 (-46.4%), from €141,373 to €75,771
- Receivables within one year +€61,966
up €61,966 (+142.4%), from €43,527 to €105,493
of which Trade receivables: +€58,742
- Tangible fixed assets -€18,966
down €18,966 (-47.1%), from €40,268 to €21,302
of which Furniture and vehicles: -€18,326
- Cash +€9,782
up €9,782 (+32.4%), from €30,191 to €39,973
mainly Deferred charges and accrued income (+€65,601) and Net result for the year (+€20,389)
- Tax, wage and social debts -€27,659
no longer reported in 2025 (was €27,659)
- Profit (loss) carried forward +€20,389
up €20,389 (+11.3%), from €180,151 to €200,540
- Trade debts -€5,550
down €5,550 (-11.7%), from €47,249 to €41,699
- Staff costs +€133,475
up €133,475 (+45.0%), from €296,520 to €429,995
- Gross operating margin +€112,428
up €112,428 (+29.6%), from €379,957 to €492,385
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 | €257,659 | €244,839 | -€12,820 | -5.0% |
| Fixed assets | 21/28 | €42,568 | €23,602 | -€18,966 | -44.6% |
| Tangible fixed assets | 22/27 | €40,268 | €21,302 | -€18,966 | -47.1% |
| Furniture and vehicles | 24 | €37,047 | €18,721 | -€18,326 | -49.5% |
| Other tangible fixed assets | 26 | €3,220 | €2,581 | -€640 | -19.9% |
| Financial fixed assets | 28 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €215,091 | €221,237 | +€6,146 | +2.9% |
| Amounts receivable within one year | 40/41 | €43,527 | €105,493 | +€61,966 | +142.4% |
| Trade receivables | 40 | €43,527 | €102,269 | +€58,742 | +135.0% |
| Other amounts receivable | 41 | - | €3,223 | +€3,223 | |
| Cash at bank and in hand | 54/58 | €30,191 | €39,973 | +€9,782 | +32.4% |
| Deferred charges and accrued income | 490/1 | €141,373 | €75,771 | -€65,601 | -46.4% |
| Total equity and liabilities | 10/49 | €257,659 | €244,839 | -€12,820 | -5.0% |
| Equity | 10/15 | €182,751 | €203,140 | +€20,389 | +11.2% |
| Contributions | 10/11 | €2,600 | €2,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,151 | €200,540 | +€20,389 | +11.3% |
| Amounts payable | 17/49 | €74,908 | €41,699 | -€33,208 | -44.3% |
| Amounts payable within one year | 42/48 | €74,908 | €41,699 | -€33,208 | -44.3% |
| Trade debts | 44 | €47,249 | €41,699 | -€5,550 | -11.7% |
| Suppliers | 440/4 | €47,249 | €41,699 | -€5,550 | -11.7% |
| Taxes, remuneration and social security | 45 | €27,659 | - | -€27,659 | |
| Taxes | 450/3 | €27,659 | - | -€27,659 | |
| Remuneration, social security and pensions | 62 | €296,520 | €429,995 | +€133,475 | +45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,315 | €18,966 | -€349 | -1.8% |
| Other operating charges | 640/8 | - | €3,346 | +€3,346 | |
| Gross operating margin | 9900 | €379,957 | €492,385 | +€112,428 | +29.6% |
| Operating profit (loss) | 9901 | €64,122 | €40,078 | -€24,044 | -37.5% |
| Financial charges | 65/66B | - | €141 | +€141 | |
| Recurring financial charges | 65 | - | €141 | +€141 | |
| Profit (loss) for the period before taxes | 9903 | €64,122 | €39,938 | -€24,185 | -37.7% |
| Income taxes | 67/77 | €15,655 | €19,549 | +€3,894 | +24.9% |
| Profit (loss) for the period | 9904 | €48,467 | €20,389 | -€28,079 | -57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,467 | €20,389 | -€28,079 | -57.9% |
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 4 October 2026 via checked.be.