LETTUCE BE: what changed
LETTUCE BE
Largest movements
- Tangible fixed assets -€11,710
down €11,710 (-6.1%), from €192,588 to €180,878
of which Land and buildings: -€11,710
- Cash -€6,042
down €6,042 (-12.4%), from €48,576 to €42,534
mainly Debts after one year (-€17,376) and Net result for the year (-€4,798)
- Debts after one year -€17,376
down €17,376 (-8.9%), from €196,216 to €178,840
- Current portion of long-term debt +€6,323
up €6,323 (+37.4%), from €16,924 to €23,247
- Profit (loss) carried forward -€4,798
down €4,798 (-7.7%), from €62,673 to €57,875
- Financial charges +€3,941
up €3,941 (+52.7%), from €7,472 to €11,413
- Other operating charges +€2,676
up €2,676 (+80.5%), from €3,326 to €6,002
- Gross operating margin -€2,288
down €2,288 (-9.1%), from €25,225 to €22,937
- Financial income -€332
down €332 (-18.0%), from €1,849 to €1,517
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €348,732 | €332,634 | -€16,098 | -4.6% |
| Fixed assets | 21/28 | €192,588 | €180,878 | -€11,710 | -6.1% |
| Tangible fixed assets | 22/27 | €192,588 | €180,878 | -€11,710 | -6.1% |
| Land and buildings | 22 | €192,424 | €180,714 | -€11,710 | -6.1% |
| Other tangible fixed assets | 26 | €164 | €164 | = | 0.0% |
| Current assets | 29/58 | €156,144 | €151,756 | -€4,388 | -2.8% |
| Amounts receivable within one year | 40/41 | €97,708 | €99,361 | +€1,653 | +1.7% |
| Other amounts receivable | 41 | €97,708 | €99,361 | +€1,653 | +1.7% |
| Cash at bank and in hand | 54/58 | €48,576 | €42,534 | -€6,042 | -12.4% |
| Deferred charges and accrued income | 490/1 | €9,860 | €9,861 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €348,732 | €332,634 | -€16,098 | -4.6% |
| Equity | 10/15 | €129,923 | €125,125 | -€4,798 | -3.7% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Capital | 10 | €35,000 | €35,000 | = | 0.0% |
| Issued capital | 100 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €32,250 | €32,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Legal reserve | 130 | €3,500 | €3,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,750 | €28,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,673 | €57,875 | -€4,798 | -7.7% |
| Amounts payable | 17/49 | €218,809 | €207,509 | -€11,300 | -5.2% |
| Amounts payable after more than one year | 17 | €196,216 | €178,840 | -€17,376 | -8.9% |
| Financial debts | 170/4 | €196,216 | €178,840 | -€17,376 | -8.9% |
| Amounts payable within one year | 42/48 | €22,593 | €28,669 | +€6,076 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €16,924 | €23,247 | +€6,323 | +37.4% |
| Trade debts | 44 | €1,669 | €1,422 | -€247 | -14.8% |
| Suppliers | 440/4 | €1,669 | €1,422 | -€247 | -14.8% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,710 | €11,710 | = | 0.0% |
| Other operating charges | 640/8 | €3,326 | €6,002 | +€2,676 | +80.5% |
| Gross operating margin | 9900 | €25,225 | €22,937 | -€2,288 | -9.1% |
| Operating profit (loss) | 9901 | €10,189 | €5,225 | -€4,964 | -48.7% |
| Financial income | 75/76B | €1,849 | €1,517 | -€332 | -18.0% |
| Recurring financial income | 75 | €1,849 | €1,517 | -€332 | -18.0% |
| Financial charges | 65/66B | €7,472 | €11,413 | +€3,941 | +52.7% |
| Recurring financial charges | 65 | €7,472 | €11,413 | +€3,941 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | €4,566 | -€4,671 | -€9,237 | |
| Income taxes | 67/77 | €366 | €127 | -€239 | -65.3% |
| Profit (loss) for the period | 9904 | €4,200 | -€4,798 | -€8,998 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,200 | -€4,798 | -€8,998 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.