LEXACO: 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.
LEXACO
Largest movements
- Receivables after one year -€78,664
down €78,664 (-100%), from €78,664 to €0
- Receivables within one year +€36,757
up €36,757 (+30.9%), from €119,090 to €155,847
of which Trade receivables: +€60,971
- Deferred charges and accrued income -€32,417
down €32,417 (-27.7%), from €117,209 to €84,792
- Stocks and contracts +€17,244
up €17,244 (+4.9%), from €350,693 to €367,937
- Other debts +€252,814
up €252,814 (+6,804%), from €3,716 to €256,530
- Debts after one year -€179,166
down €179,166 (-62.1%), from €288,429 to €109,263
- Profit (loss) carried forward -€129,018
down €129,018 (-253%), from -€50,958 to -€179,976
- Trade debts +€43,202
up €43,202 (+114%), from €37,917 to €81,119
- Current portion of long-term debt -€25,143
down €25,143 (-11.7%), from €214,688 to €189,544
- Gross operating margin -€97,133
down €97,133 (-1,290%), from -€7,528 to -€104,661
- Financial charges -€4,108
down €4,108 (-15.7%), from €26,164 to €22,056
- Other operating charges -€2,729
down €2,729 (-59.1%), from €4,616 to €1,886
- Financial income -€1,794
down €1,794 (-50.4%), from €3,556 to €1,762
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.
Derived cash bridge
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 | €679,197 | €626,734 | -€52,464 | -7.7% |
| Fixed assets | 21/28 | €6,519 | €4,484 | -€2,035 | -31.2% |
| Tangible fixed assets | 22/27 | €6,429 | €4,394 | -€2,035 | -31.7% |
| Plant, machinery and equipment | 23 | €2,561 | €1,821 | -€740 | -28.9% |
| Furniture and vehicles | 24 | €3,868 | €2,573 | -€1,295 | -33.5% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €672,678 | €622,250 | -€50,429 | -7.5% |
| Amounts receivable after more than one year | 29 | €78,664 | €0 | -€78,664 | -100% |
| Other amounts receivable | 291 | €78,664 | €0 | -€78,664 | -100% |
| Stocks and contracts in progress | 3 | €350,693 | €367,937 | +€17,244 | +4.9% |
| Stocks | 30/36 | €350,693 | €367,937 | +€17,244 | +4.9% |
| Amounts receivable within one year | 40/41 | €119,090 | €155,847 | +€36,757 | +30.9% |
| Trade receivables | 40 | €90,286 | €151,257 | +€60,971 | +67.5% |
| Other amounts receivable | 41 | €28,804 | €4,590 | -€24,214 | -84.1% |
| Cash at bank and in hand | 54/58 | €7,023 | €13,674 | +€6,652 | +94.7% |
| Deferred charges and accrued income | 490/1 | €117,209 | €84,792 | -€32,417 | -27.7% |
| Total equity and liabilities | 10/49 | €679,197 | €626,734 | -€52,464 | -7.7% |
| Equity | 10/15 | €46,198 | -€82,820 | -€129,018 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,956 | €90,956 | = | 0.0% |
| Distributable reserves | 133 | €90,956 | €90,956 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,958 | -€179,976 | -€129,018 | -253% |
| Amounts payable | 17/49 | €633,000 | €709,554 | +€76,554 | +12.1% |
| Amounts payable after more than one year | 17 | €288,429 | €109,263 | -€179,166 | -62.1% |
| Financial debts | 170/4 | €288,429 | €109,263 | -€179,166 | -62.1% |
| Amounts payable within one year | 42/48 | €323,282 | €586,404 | +€263,122 | +81.4% |
| Current portion of amounts payable after more than one year | 42 | €214,688 | €189,544 | -€25,143 | -11.7% |
| Financial debts | 43 | €50,350 | €50,000 | -€350 | -0.7% |
| Credit institutions | 430/8 | €50,350 | €50,000 | -€350 | -0.7% |
| Trade debts | 44 | €37,917 | €81,119 | +€43,202 | +114% |
| Suppliers | 440/4 | €37,917 | €81,119 | +€43,202 | +114% |
| Taxes, remuneration and social security | 45 | €16,611 | €9,211 | -€7,400 | -44.6% |
| Taxes | 450/3 | €16,611 | €9,211 | -€7,400 | -44.6% |
| Other amounts payable | 47/48 | €3,716 | €256,530 | +€252,814 | +6,804% |
| Accrued charges and deferred income | 492/3 | €21,289 | €13,886 | -€7,403 | -34.8% |
| Non-recurring operating income | 76A | €931 | €47 | -€884 | -95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,933 | €2,035 | +€103 | +5.3% |
| Other operating charges | 640/8 | €4,616 | €1,886 | -€2,729 | -59.1% |
| Non-recurring operating charges | 66A | €702 | €0 | -€702 | -100% |
| Gross operating margin | 9900 | -€7,528 | -€104,661 | -€97,133 | -1,290% |
| Operating profit (loss) | 9901 | -€14,778 | -€108,583 | -€93,804 | -635% |
| Financial income | 75/76B | €3,556 | €1,762 | -€1,794 | -50.4% |
| Recurring financial income | 75 | €3,556 | €1,762 | -€1,794 | -50.4% |
| Financial charges | 65/66B | €26,164 | €22,056 | -€4,108 | -15.7% |
| Recurring financial charges | 65 | €26,164 | €22,056 | -€4,108 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€37,387 | -€128,877 | -€91,490 | -245% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€37,526 | -€129,018 | -€91,492 | -244% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,526 | -€129,018 | -€91,492 | -244% |
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 17 October 2026 via checked.be.