LEXAC: 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.
LEXAC
Largest movements
- Receivables within one year +€36,562
up €36,562 (+28.2%), from €129,537 to €166,099
of which Trade receivables: +€48,397
- Tangible fixed assets -€14,375
down €14,375 (-89.0%), from €16,152 to €1,777
of which Furniture and vehicles: -€16,152
- Cash -€10,270
down €10,270 (-44.8%), from €22,920 to €12,650
mainly Receivables within one year (-€36,562) and Tax, wage and social debts (-€4,060)
- Trade debts +€14,687
up €14,687 (+65.8%), from €22,305 to €36,991
of which Bills of exchange payable: +€23,206
- Tax, wage and social debts -€4,060
down €4,060 (-38.3%), from €10,608 to €6,548
- Gross operating margin -€21,287
down €21,287 (-37.0%), from €57,596 to €36,309
- Other operating charges +€16,246
up €16,246 (+127.8%), from €12,717 to €28,963
- Depreciation -€11,044
down €11,044 (-96.9%), from €11,399 to €355
- Taxes -€6,763
down €6,763 (-60.8%), from €11,118 to €4,355
- Staff costs -€2,255
down €2,255 (-90.9%), from €2,479 to €225
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 | €168,608 | €180,525 | +€11,917 | +7.1% |
| Fixed assets | 21/28 | €16,152 | €1,777 | -€14,375 | -89.0% |
| Tangible fixed assets | 22/27 | €16,152 | €1,777 | -€14,375 | -89.0% |
| Plant, machinery and equipment | 23 | - | €1,777 | +€1,777 | |
| Furniture and vehicles | 24 | €16,152 | - | -€16,152 | |
| Current assets | 29/58 | €152,456 | €178,748 | +€26,292 | +17.2% |
| Amounts receivable within one year | 40/41 | €129,537 | €166,099 | +€36,562 | +28.2% |
| Trade receivables | 40 | €39,610 | €88,006 | +€48,397 | +122.2% |
| Other amounts receivable | 41 | €89,927 | €78,092 | -€11,835 | -13.2% |
| Cash at bank and in hand | 54/58 | €22,920 | €12,650 | -€10,270 | -44.8% |
| Total equity and liabilities | 10/49 | €168,608 | €180,525 | +€11,917 | +7.1% |
| Equity | 10/15 | €135,696 | €136,986 | +€1,290 | +1.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Share premium | 1100/10 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,696 | €131,986 | +€1,290 | +1.0% |
| Amounts payable | 17/49 | €32,912 | €43,539 | +€10,627 | +32.3% |
| Amounts payable within one year | 42/48 | €32,912 | €43,539 | +€10,627 | +32.3% |
| Trade debts | 44 | €22,305 | €36,991 | +€14,687 | +65.8% |
| Suppliers | 440/4 | €18,914 | €10,394 | -€8,520 | -45.0% |
| Bills of exchange payable | 441 | €3,391 | €26,597 | +€23,206 | +684.4% |
| Taxes, remuneration and social security | 45 | €10,608 | €6,548 | -€4,060 | -38.3% |
| Taxes | 450/3 | €10,608 | €6,548 | -€4,060 | -38.3% |
| Remuneration, social security and pensions | 62 | €2,479 | €225 | -€2,255 | -90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,399 | €355 | -€11,044 | -96.9% |
| Other operating charges | 640/8 | €12,717 | €28,963 | +€16,246 | +127.8% |
| Gross operating margin | 9900 | €57,596 | €36,309 | -€21,287 | -37.0% |
| Operating profit (loss) | 9901 | €31,001 | €6,766 | -€24,234 | -78.2% |
| Financial charges | 65/66B | €57 | €1,121 | +€1,064 | +1867.4% |
| Recurring financial charges | 65 | €57 | €1,121 | +€1,064 | +1867.4% |
| Profit (loss) for the period before taxes | 9903 | €30,944 | €5,645 | -€25,299 | -81.8% |
| Income taxes | 67/77 | €11,118 | €4,355 | -€6,763 | -60.8% |
| Profit (loss) for the period | 9904 | €19,826 | €1,290 | -€18,536 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,826 | €1,290 | -€18,536 | -93.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.