Lewafa: 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.
Lewafa
Largest movements
- Cash +€49,047
up €49,047 (+4379230.4%), from €1 to €49,049
mainly Trade debts (+€52,424) and Net result for the year (+€38,516)
- Tangible fixed assets -€9,114
down €9,114 (-2.0%), from €454,781 to €445,667
of which Land and buildings: -€11,280
- Trade debts +€52,424
up €52,424 (+926.4%), from €5,659 to €58,083
- Profit (loss) carried forward +€38,516
up €38,516 (+16.1%), from €239,739 to €278,255
- Other debts -€34,200
down €34,200 (-95.0%), from €36,000 to €1,800
- Debts after one year -€18,879
down €18,879 (-8.0%), from €234,936 to €216,057
of which Financial debts: -€18,879
- Tax, wage and social debts +€6,524
up €6,524 (+53.4%), from €12,227 to €18,751
of which Taxes: +€9,774
- Gross operating margin -€89,277
down €89,277 (-57.2%), from €156,148 to €66,871
- Taxes -€18,359
down €18,359 (-64.6%), from €28,429 to €10,070
- Staff costs -€12,015
down €12,015 (-100.0%), from €12,015 to €0
- Financial income -€3,805
down €3,805 (-79.6%), from €4,782 to €977
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 | €550,585 | €595,824 | +€45,239 | +8.2% |
| Fixed assets | 21/28 | €454,781 | €445,667 | -€9,114 | -2.0% |
| Tangible fixed assets | 22/27 | €454,781 | €445,667 | -€9,114 | -2.0% |
| Land and buildings | 22 | €449,645 | €438,365 | -€11,280 | -2.5% |
| Plant, machinery and equipment | 23 | €837 | €2,586 | +€1,748 | +208.8% |
| Furniture and vehicles | 24 | €4,299 | €4,717 | +€417 | +9.7% |
| Current assets | 29/58 | €95,804 | €150,157 | +€54,353 | +56.7% |
| Amounts receivable within one year | 40/41 | €95,803 | €100,109 | +€4,306 | +4.5% |
| Trade receivables | 40 | €71,883 | €77,930 | +€6,047 | +8.4% |
| Other amounts receivable | 41 | €23,920 | €22,179 | -€1,741 | -7.3% |
| Cash at bank and in hand | 54/58 | €1 | €49,049 | +€49,047 | +4379230.4% |
| Deferred charges and accrued income | 490/1 | €0 | €1,000 | +€1,000 | |
| Total equity and liabilities | 10/49 | €550,585 | €595,824 | +€45,239 | +8.2% |
| Equity | 10/15 | €241,739 | €280,255 | +€38,516 | +15.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,739 | €278,255 | +€38,516 | +16.1% |
| Amounts payable | 17/49 | €308,847 | €315,570 | +€6,723 | +2.2% |
| Amounts payable after more than one year | 17 | €234,936 | €216,057 | -€18,879 | -8.0% |
| Financial debts | 170/4 | €234,836 | €215,957 | -€18,879 | -8.0% |
| Other amounts payable | 178/9 | €100 | €100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,461 | €97,512 | +€25,051 | +34.6% |
| Current portion of amounts payable after more than one year | 42 | €18,575 | €18,879 | +€304 | +1.6% |
| Trade debts | 44 | €5,659 | €58,083 | +€52,424 | +926.4% |
| Suppliers | 440/4 | €5,659 | €58,083 | +€52,424 | +926.4% |
| Taxes, remuneration and social security | 45 | €12,227 | €18,751 | +€6,524 | +53.4% |
| Taxes | 450/3 | €8,977 | €18,751 | +€9,774 | +108.9% |
| Remuneration and social security | 454/9 | €3,250 | €0 | -€3,250 | -100.0% |
| Other amounts payable | 47/48 | €36,000 | €1,800 | -€34,200 | -95.0% |
| Accrued charges and deferred income | 492/3 | €1,450 | €2,000 | +€550 | +37.9% |
| Remuneration, social security and pensions | 62 | €12,015 | €0 | -€12,015 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,616 | €13,286 | +€670 | +5.3% |
| Other operating charges | 640/8 | €890 | €1,451 | +€561 | +63.1% |
| Non-recurring operating charges | 66A | €2,808 | €0 | -€2,808 | -100.0% |
| Gross operating margin | 9900 | €156,148 | €66,871 | -€89,277 | -57.2% |
| Operating profit (loss) | 9901 | €127,819 | €52,133 | -€75,685 | -59.2% |
| Financial income | 75/76B | €4,782 | €977 | -€3,805 | -79.6% |
| Recurring financial income | 75 | €4,782 | €977 | -€3,805 | -79.6% |
| Financial charges | 65/66B | €4,987 | €4,524 | -€463 | -9.3% |
| Recurring financial charges | 65 | €4,987 | €4,524 | -€463 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €127,613 | €48,586 | -€79,027 | -61.9% |
| Income taxes | 67/77 | €28,429 | €10,070 | -€18,359 | -64.6% |
| Profit (loss) for the period | 9904 | €99,184 | €38,516 | -€60,668 | -61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €99,184 | €38,516 | -€60,668 | -61.2% |
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 7 October 2026 via checked.be.