LEX: 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.
LEX
Largest movements
- Tangible fixed assets -€56,573
down €56,573 (-3.6%), from €1.6m to €1.5m
- Debts after one year -€67,324
down €67,324 (-4.4%), from €1.5m to €1.5m
- Other operating charges -€62,712
down €62,712 (-88.4%), from €70,953 to €8,241
- Financial charges +€5,727
up €5,727 (+16.7%), from €34,192 to €39,919
- Gross operating margin +€1,568
up €1,568 (+1.5%), from €105,499 to €107,067
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 | €1,583,648 | €1,520,030 | -€63,619 | -4.0% |
| Fixed assets | 21/28 | €1,573,617 | €1,517,043 | -€56,573 | -3.6% |
| Tangible fixed assets | 22/27 | €1,573,617 | €1,517,043 | -€56,573 | -3.6% |
| Land and buildings | 22 | €1,573,617 | €1,517,043 | -€56,573 | -3.6% |
| Current assets | 29/58 | €10,032 | €2,986 | -€7,046 | -70.2% |
| Cash at bank and in hand | 54/58 | €10,032 | €2,986 | -€7,046 | -70.2% |
| Total equity and liabilities | 10/49 | €1,583,648 | €1,520,030 | -€63,619 | -4.0% |
| Equity | 10/15 | -€49,062 | -€46,728 | +€2,334 | +4.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,062 | -€96,728 | +€2,334 | +2.4% |
| Amounts payable | 17/49 | €1,632,711 | €1,566,757 | -€65,953 | -4.0% |
| Amounts payable after more than one year | 17 | €1,525,984 | €1,458,660 | -€67,324 | -4.4% |
| Financial debts | 170/4 | €1,525,984 | €1,458,660 | -€67,324 | -4.4% |
| Amounts payable within one year | 42/48 | €103,378 | €104,363 | +€985 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €71,176 | €72,864 | +€1,688 | +2.4% |
| Trade debts | 44 | €464 | €661 | +€197 | +42.6% |
| Suppliers | 440/4 | €464 | €661 | +€197 | +42.6% |
| Taxes, remuneration and social security | 45 | €5,073 | €4,860 | -€213 | -4.2% |
| Taxes | 450/3 | €5,073 | €4,860 | -€213 | -4.2% |
| Other amounts payable | 47/48 | €26,666 | €25,979 | -€687 | -2.6% |
| Accrued charges and deferred income | 492/3 | €3,348 | €3,734 | +€386 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,648 | €56,573 | -€74 | -0.1% |
| Other operating charges | 640/8 | €70,953 | €8,241 | -€62,712 | -88.4% |
| Gross operating margin | 9900 | €105,499 | €107,067 | +€1,568 | +1.5% |
| Operating profit (loss) | 9901 | -€22,101 | €42,253 | +€64,354 | |
| Financial charges | 65/66B | €34,192 | €39,919 | +€5,727 | +16.7% |
| Recurring financial charges | 65 | €34,192 | €39,919 | +€5,727 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | -€56,294 | €2,334 | +€58,628 | |
| Profit (loss) for the period | 9904 | -€56,294 | €2,334 | +€58,628 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56,294 | €2,334 | +€58,628 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.