LEXACT: 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.
LEXACT
Largest movements
- Tangible fixed assets +€682,373
up €682,373 (+55.4%), from €1.2m to €1.9m
of which Land and buildings: +€669,008
- Cash -€352,203
down €352,203 (-83.0%), from €424,234 to €72,031
mainly Investment in fixed assets (net) (-€777,269) and Current portion of long-term debt (-€18,733)
- Receivables within one year -€115,248
down €115,248 (-98.1%), from €117,537 to €2,289
of which Other amounts receivable: -€93,198
- Other debts +€242,741
up €242,741 (+50.8%), from €477,831 to €720,572
- Profit (loss) carried forward +€23,003
up €23,003 (+68.4%), from -€33,616 to -€10,613
- Gross operating margin -€73,825
down €73,825 (-36.2%), from €203,658 to €129,833
- Financial charges -€36,260
down €36,260 (-75.4%), from €48,059 to €11,799
- Depreciation -€13,105
down €13,105 (-12.1%), from €108,001 to €94,896
- Taxes +€10,326
up €10,326 (+250%), from €4,136 to €14,462
- Financial income -€7,112
down €7,112 (-100.0%), from €7,112 to €0
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 | €1,779,023 | €1,998,201 | +€219,178 | +12.3% |
| Fixed assets | 21/28 | €1,231,358 | €1,913,731 | +€682,373 | +55.4% |
| Tangible fixed assets | 22/27 | €1,231,358 | €1,913,731 | +€682,373 | +55.4% |
| Land and buildings | 22 | €1,155,158 | €1,824,166 | +€669,008 | +57.9% |
| Plant, machinery and equipment | 23 | €19,332 | €22,882 | +€3,550 | +18.4% |
| Furniture and vehicles | 24 | €56,867 | €66,682 | +€9,815 | +17.3% |
| Current assets | 29/58 | €547,665 | €84,470 | -€463,195 | -84.6% |
| Amounts receivable within one year | 40/41 | €117,537 | €2,289 | -€115,248 | -98.1% |
| Trade receivables | 40 | €24,300 | €2,250 | -€22,050 | -90.7% |
| Other amounts receivable | 41 | €93,237 | €39 | -€93,198 | -100.0% |
| Cash at bank and in hand | 54/58 | €424,234 | €72,031 | -€352,203 | -83.0% |
| Deferred charges and accrued income | 490/1 | €5,894 | €10,150 | +€4,256 | +72.2% |
| Total equity and liabilities | 10/49 | €1,779,023 | €1,998,201 | +€219,178 | +12.3% |
| Equity | 10/15 | €980,237 | €990,435 | +€10,198 | +1.0% |
| Contributions | 10/11 | €62,079 | €62,079 | +€0 | 0.0% |
| Reserves | 13 | €951,774 | €938,969 | -€12,805 | -1.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €800,547 | €773,604 | -€26,943 | -3.4% |
| Distributable reserves | 133 | €151,227 | €165,366 | +€14,139 | +9.3% |
| Profit (loss) carried forward | 14 | -€33,616 | -€10,613 | +€23,003 | +68.4% |
| Provisions and deferred taxes | 16 | €266,849 | €257,868 | -€8,981 | -3.4% |
| Deferred taxes | 168 | €266,849 | €257,868 | -€8,981 | -3.4% |
| Amounts payable | 17/49 | €531,937 | €749,898 | +€217,961 | +41.0% |
| Amounts payable after more than one year | 17 | €11,131 | €0 | -€11,131 | -100% |
| Financial debts | 170/4 | €11,131 | €0 | -€11,131 | -100% |
| Amounts payable within one year | 42/48 | €520,806 | €749,898 | +€229,092 | +44.0% |
| Current portion of amounts payable after more than one year | 42 | €29,864 | €11,131 | -€18,733 | -62.7% |
| Trade debts | 44 | €3,744 | €4,090 | +€346 | +9.3% |
| Suppliers | 440/4 | €3,744 | €4,090 | +€346 | +9.3% |
| Taxes, remuneration and social security | 45 | €9,367 | €14,105 | +€4,738 | +50.6% |
| Taxes | 450/3 | €9,367 | €14,105 | +€4,738 | +50.6% |
| Other amounts payable | 47/48 | €477,831 | €720,572 | +€242,741 | +50.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €44,849 | €0 | -€44,849 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,001 | €94,896 | -€13,105 | -12.1% |
| Other operating charges | 640/8 | €12,974 | €7,460 | -€5,514 | -42.5% |
| Non-recurring operating charges | 66A | €6,188 | €0 | -€6,188 | -100% |
| Gross operating margin | 9900 | €203,658 | €129,833 | -€73,825 | -36.2% |
| Operating profit (loss) | 9901 | €76,495 | €27,477 | -€49,018 | -64.1% |
| Financial income | 75/76B | €7,112 | €0 | -€7,112 | -100.0% |
| Recurring financial income | 75 | €7,112 | €0 | -€7,112 | -100.0% |
| Financial charges | 65/66B | €48,059 | €11,799 | -€36,260 | -75.4% |
| Recurring financial charges | 65 | €48,059 | €11,799 | -€36,260 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | €35,549 | €15,679 | -€19,870 | -55.9% |
| Transfer from deferred taxes | 780 | €3,725 | €8,981 | +€5,256 | +141% |
| Income taxes | 67/77 | €4,136 | €14,462 | +€10,326 | +250% |
| Profit (loss) for the period | 9904 | €35,137 | €10,198 | -€24,939 | -71.0% |
| Transfer from tax-exempt reserves | 789 | €11,174 | €26,944 | +€15,770 | +141% |
| Profit (loss) for the period to be appropriated | 9905 | €46,311 | €37,142 | -€9,169 | -19.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.