LEWAN: 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.
LEWAN
Largest movements
- Stocks and contracts -€3,385
down €3,385 (-66.0%), from €5,125 to €1,740
- Receivables within one year +€2,574
up €2,574 (+2.8%), from €91,660 to €94,234
of which Other amounts receivable: +€9,138
- Trade debts -€8,228
down €8,228 (-73.6%), from €11,183 to €2,956
- Profit (loss) carried forward +€4,906
up €4,906 (+5.9%), from €82,508 to €87,415
- Advances received +€2,500
new in 2025: €2,500
- Tax, wage and social debts +€1,426
up €1,426 (+239.9%), from €594 to €2,020
- Gross operating margin +€6,128
up €6,128 (+477.5%), from €1,283 to €7,412
- Financial income -€1,407
down €1,407 (-33.7%), from €4,169 to €2,762
- Taxes +€828
up €828 (+139.2%), from €594 to €1,422
- Financial charges +€363
up €363 (+39.3%), from €924 to €1,287
- Depreciation +€362
up €362 (+30.4%), from €1,188 to €1,549
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 | €100,486 | €101,090 | +€604 | +0.6% |
| Fixed assets | 21/28 | €2,298 | €2,837 | +€539 | +23.4% |
| Tangible fixed assets | 22/27 | €2,298 | €2,837 | +€539 | +23.4% |
| Plant, machinery and equipment | 23 | - | €1,726 | +€1,726 | |
| Furniture and vehicles | 24 | €2,298 | €1,110 | -€1,188 | -51.7% |
| Current assets | 29/58 | €98,188 | €98,254 | +€66 | +0.1% |
| Stocks and contracts in progress | 3 | €5,125 | €1,740 | -€3,385 | -66.0% |
| Stocks | 30/36 | €5,125 | €1,740 | -€3,385 | -66.0% |
| Amounts receivable within one year | 40/41 | €91,660 | €94,234 | +€2,574 | +2.8% |
| Trade receivables | 40 | €44,840 | €38,276 | -€6,564 | -14.6% |
| Other amounts receivable | 41 | €46,820 | €55,958 | +€9,138 | +19.5% |
| Cash at bank and in hand | 54/58 | €1,403 | €1,734 | +€331 | +23.6% |
| Deferred charges and accrued income | 490/1 | - | €545 | +€545 | |
| Total equity and liabilities | 10/49 | €100,486 | €101,090 | +€604 | +0.6% |
| Equity | 10/15 | €88,708 | €93,615 | +€4,906 | +5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,508 | €87,415 | +€4,906 | +5.9% |
| Amounts payable | 17/49 | €11,778 | €7,476 | -€4,302 | -36.5% |
| Amounts payable within one year | 42/48 | €11,778 | €7,476 | -€4,302 | -36.5% |
| Trade debts | 44 | €11,183 | €2,956 | -€8,228 | -73.6% |
| Suppliers | 440/4 | €11,183 | €2,956 | -€8,228 | -73.6% |
| Advances received on contracts in progress | 46 | - | €2,500 | +€2,500 | |
| Taxes, remuneration and social security | 45 | €594 | €2,020 | +€1,426 | +239.9% |
| Taxes | 450/3 | €594 | €2,020 | +€1,426 | +239.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,188 | €1,549 | +€362 | +30.4% |
| Other operating charges | 640/8 | €935 | €1,010 | +€76 | +8.1% |
| Gross operating margin | 9900 | €1,283 | €7,412 | +€6,128 | +477.5% |
| Operating profit (loss) | 9901 | -€839 | €4,852 | +€5,691 | |
| Financial income | 75/76B | €4,169 | €2,762 | -€1,407 | -33.7% |
| Recurring financial income | 75 | €4,169 | €2,762 | -€1,407 | -33.7% |
| Financial charges | 65/66B | €924 | €1,287 | +€363 | +39.3% |
| Recurring financial charges | 65 | €924 | €1,287 | +€363 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | €2,406 | €6,328 | +€3,922 | +163.0% |
| Income taxes | 67/77 | €594 | €1,422 | +€828 | +139.2% |
| Profit (loss) for the period | 9904 | €1,812 | €4,906 | +€3,094 | +170.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,812 | €4,906 | +€3,094 | +170.8% |
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.