LEXAFINANCES: 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.
LEXAFINANCES
Largest movements
- Financial fixed assets +€700,000
up €700,000 (+466,667%), from €150 to €700,150
- Intangible fixed assets -€630,000
no longer reported in 2025 (was €630,000)
- Receivables within one year +€89,135
up €89,135 (+224%), from €39,826 to €128,961
of which Other amounts receivable: +€65,253
- Tangible fixed assets -€43,417
down €43,417 (-10.8%), from €402,645 to €359,228
- Cash -€16,736
down €16,736 (-74.7%), from €22,410 to €5,674
mainly Receivables within one year (-€89,135) and Debts after one year (-€79,931)
- Profit (loss) carried forward +€151,648
up €151,648, from -€51,558 to €100,090
- Debts after one year -€79,931
down €79,931 (-9.8%), from €816,843 to €736,912
- Tax, wage and social debts +€31,863
up €31,863 (+191%), from €16,677 to €48,540
of which Taxes: +€21,950
- Other debts -€30,429
no longer reported in 2025 (was €30,429)
- Financial income +€99,912
up €99,912 (+110,291%), from €91 to €100,003
- Depreciation -€71,153
down €71,153 (-55.2%), from €128,936 to €57,784
- Staff costs +€54,094
up €54,094 (+77.6%), from €69,743 to €123,837
- Gross operating margin +€49,495
up €49,495 (+20.5%), from €241,309 to €290,804
- Other operating charges -€32,593
down €32,593 (-93.0%), from €35,059 to €2,466
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 | €1,108,221 | €1,195,527 | +€87,306 | +7.9% |
| Formation expenses | 20 | €13,189 | - | -€13,189 | |
| Fixed assets | 21/28 | €1,032,795 | €1,059,378 | +€26,583 | +2.6% |
| Intangible fixed assets | 21 | €630,000 | - | -€630,000 | |
| Tangible fixed assets | 22/27 | €402,645 | €359,228 | -€43,417 | -10.8% |
| Land and buildings | 22 | €357,362 | €337,518 | -€19,844 | -5.6% |
| Plant, machinery and equipment | 23 | €34,101 | €20,291 | -€13,809 | -40.5% |
| Furniture and vehicles | 24 | €10,740 | €1,143 | -€9,597 | -89.4% |
| Other tangible fixed assets | 26 | €443 | €275 | -€167 | -37.8% |
| Financial fixed assets | 28 | €150 | €700,150 | +€700,000 | +466,667% |
| Current assets | 29/58 | €62,236 | €136,149 | +€73,912 | +119% |
| Amounts receivable within one year | 40/41 | €39,826 | €128,961 | +€89,135 | +224% |
| Trade receivables | 40 | €17,912 | €41,795 | +€23,882 | +133% |
| Other amounts receivable | 41 | €21,914 | €87,167 | +€65,253 | +298% |
| Cash at bank and in hand | 54/58 | €22,410 | €5,674 | -€16,736 | -74.7% |
| Deferred charges and accrued income | 490/1 | - | €1,514 | +€1,514 | |
| Total equity and liabilities | 10/49 | €1,108,221 | €1,195,527 | +€87,306 | +7.9% |
| Equity | 10/15 | €147,013 | €298,661 | +€151,648 | +103% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €192,371 | €192,371 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,558 | €100,090 | +€151,648 | |
| Amounts payable | 17/49 | €961,208 | €896,866 | -€64,341 | -6.7% |
| Amounts payable after more than one year | 17 | €816,843 | €736,912 | -€79,931 | -9.8% |
| Financial debts | 170/4 | €816,843 | €736,912 | -€79,931 | -9.8% |
| Amounts payable within one year | 42/48 | €142,672 | €154,447 | +€11,774 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €86,161 | €79,931 | -€6,230 | -7.2% |
| Financial debts | 43 | - | €9,309 | +€9,309 | |
| Credit institutions | 430/8 | - | €9,309 | +€9,309 | |
| Trade debts | 44 | €9,405 | €16,667 | +€7,262 | +77.2% |
| Suppliers | 440/4 | €9,405 | €16,667 | +€7,262 | +77.2% |
| Taxes, remuneration and social security | 45 | €16,677 | €48,540 | +€31,863 | +191% |
| Taxes | 450/3 | €8,534 | €30,484 | +€21,950 | +257% |
| Remuneration and social security | 454/9 | €8,143 | €18,057 | +€9,913 | +122% |
| Other amounts payable | 47/48 | €30,429 | - | -€30,429 | |
| Accrued charges and deferred income | 492/3 | €1,693 | €5,508 | +€3,815 | +225% |
| Non-recurring operating income | 76A | - | €70,000 | +€70,000 | |
| Remuneration, social security and pensions | 62 | €69,743 | €123,837 | +€54,094 | +77.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,936 | €57,784 | -€71,153 | -55.2% |
| Other operating charges | 640/8 | €35,059 | €2,466 | -€32,593 | -93.0% |
| Gross operating margin | 9900 | €241,309 | €290,804 | +€49,495 | +20.5% |
| Operating profit (loss) | 9901 | €7,571 | €106,717 | +€99,146 | +1,310% |
| Financial income | 75/76B | €91 | €100,003 | +€99,912 | +110,291% |
| Recurring financial income | 75 | €91 | €100,003 | +€99,912 | +110,291% |
| Financial charges | 65/66B | €37,601 | €35,181 | -€2,420 | -6.4% |
| Recurring financial charges | 65 | €37,601 | €35,181 | -€2,420 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,939 | €171,539 | +€201,478 | |
| Income taxes | 67/77 | €4,941 | €19,891 | +€14,950 | +303% |
| Profit (loss) for the period | 9904 | -€34,880 | €151,648 | +€186,528 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,880 | €151,648 | +€186,528 |
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 18 October 2026 via checked.be.