Lex Holding: 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.
Lex Holding
Largest movements
- Tangible fixed assets -€15,774
down €15,774 (-7.3%), from €216,390 to €200,616
of which Land and buildings: -€15,739
- Deferred charges and accrued income -€2,658
down €2,658 (-88.7%), from €2,997 to €339
- Other debts +€71,978
up €71,978 (+6.9%), from €1.0m to €1.1m
- Profit (loss) carried forward -€64,219
down €64,219 (-2.3%), from -€2.7m to -€2.8m
- Debts after one year -€21,436
down €21,436 (-13.9%), from €153,932 to €132,495
- Trade debts -€3,107
down €3,107 (-69.5%), from €4,467 to €1,360
- Gross operating margin -€48,851
down €48,851, from €7,815 to -€41,035
- Financial charges -€1,293
down €1,293 (-15.8%), from €8,183 to €6,890
- Depreciation -€1,126
down €1,126 (-6.7%), from €16,900 to €15,774
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 | €227,363 | €209,869 | -€17,494 | -7.7% |
| Fixed assets | 21/28 | €216,390 | €200,616 | -€15,774 | -7.3% |
| Tangible fixed assets | 22/27 | €216,390 | €200,616 | -€15,774 | -7.3% |
| Land and buildings | 22 | €216,355 | €200,616 | -€15,739 | -7.3% |
| Furniture and vehicles | 24 | €35 | €0 | -€35 | -100.0% |
| Current assets | 29/58 | €10,973 | €9,253 | -€1,720 | -15.7% |
| Amounts receivable within one year | 40/41 | €7,356 | €7,815 | +€459 | +6.2% |
| Trade receivables | 40 | €3,744 | €3,744 | = | 0.0% |
| Other amounts receivable | 41 | €3,612 | €4,071 | +€459 | +12.7% |
| Cash at bank and in hand | 54/58 | €620 | €1,100 | +€480 | +77.3% |
| Deferred charges and accrued income | 490/1 | €2,997 | €339 | -€2,658 | -88.7% |
| Total equity and liabilities | 10/49 | €227,363 | €209,869 | -€17,494 | -7.7% |
| Equity | 10/15 | -€1,001,835 | -€1,066,054 | -€64,219 | -6.4% |
| Contributions | 10/11 | €1,724,000 | €1,724,000 | = | 0.0% |
| Reserves | 13 | €17,234 | €17,234 | = | 0.0% |
| Distributable reserves | 133 | €17,234 | €17,234 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,743,070 | -€2,807,289 | -€64,219 | -2.3% |
| Amounts payable | 17/49 | €1,229,198 | €1,275,924 | +€46,725 | +3.8% |
| Amounts payable after more than one year | 17 | €153,932 | €132,495 | -€21,436 | -13.9% |
| Financial debts | 170/4 | €153,932 | €132,495 | -€21,436 | -13.9% |
| Amounts payable within one year | 42/48 | €1,073,521 | €1,142,958 | +€69,438 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €20,607 | €21,436 | +€829 | +4.0% |
| Financial debts | 43 | €7 | €0 | -€7 | -100.0% |
| Credit institutions | 430/8 | €7 | €0 | -€7 | -100.0% |
| Trade debts | 44 | €4,467 | €1,360 | -€3,107 | -69.5% |
| Suppliers | 440/4 | €4,467 | €1,360 | -€3,107 | -69.5% |
| Taxes, remuneration and social security | 45 | €420 | €165 | -€255 | -60.8% |
| Taxes | 450/3 | €420 | €165 | -€255 | -60.8% |
| Other amounts payable | 47/48 | €1,048,019 | €1,119,997 | +€71,978 | +6.9% |
| Accrued charges and deferred income | 492/3 | €1,746 | €470 | -€1,276 | -73.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,900 | €15,774 | -€1,126 | -6.7% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €7,815 | -€41,035 | -€48,851 | |
| Operating profit (loss) | 9901 | -€9,590 | -€57,329 | -€47,738 | -497.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €8,183 | €6,890 | -€1,293 | -15.8% |
| Recurring financial charges | 65 | €8,183 | €6,890 | -€1,293 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | -€17,773 | -€64,219 | -€46,446 | -261.3% |
| Profit (loss) for the period | 9904 | -€17,773 | -€64,219 | -€46,446 | -261.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,773 | -€64,219 | -€46,446 | -261.3% |
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 11 October 2026 via checked.be.