LEXAS: 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.
LEXAS
Largest movements
- Receivables within one year +€139,809
up €139,809 (+164%), from €85,092 to €224,901
of which Trade receivables: +€96,500
- Tangible fixed assets -€22,391
down €22,391 (-12.4%), from €180,042 to €157,652
of which Furniture and vehicles: -€12,837
- Reserves +€101,983
up €101,983 (+15.1%), from €676,489 to €778,472
of which Non-distributable reserves: +€104,974
- Other debts +€26,963
up €26,963 (+106%), from €25,502 to €52,465
- Tax, wage and social debts +€16,305
up €16,305 (+187%), from €8,735 to €25,040
- Current portion of long-term debt -€11,898
down €11,898 (-69.9%), from €17,015 to €5,116
No income-statement line moved by more than 1% of the activity.
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 | €749,974 | €875,914 | +€125,940 | +16.8% |
| Fixed assets | 21/28 | €601,501 | €579,110 | -€22,391 | -3.7% |
| Tangible fixed assets | 22/27 | €180,042 | €157,652 | -€22,391 | -12.4% |
| Land and buildings | 22 | €161,150 | €151,596 | -€9,554 | -5.9% |
| Furniture and vehicles | 24 | €18,892 | €6,056 | -€12,837 | -67.9% |
| Financial fixed assets | 28 | €421,459 | €421,459 | = | 0.0% |
| Current assets | 29/58 | €148,473 | €296,804 | +€148,331 | +99.9% |
| Amounts receivable within one year | 40/41 | €85,092 | €224,901 | +€139,809 | +164% |
| Trade receivables | 40 | - | €96,500 | +€96,500 | |
| Other amounts receivable | 41 | €85,092 | €128,401 | +€43,309 | +50.9% |
| Cash at bank and in hand | 54/58 | €62,637 | €69,957 | +€7,321 | +11.7% |
| Deferred charges and accrued income | 490/1 | €744 | €1,946 | +€1,202 | +161% |
| Total equity and liabilities | 10/49 | €749,974 | €875,914 | +€125,940 | +16.8% |
| Equity | 10/15 | €688,897 | €790,880 | +€101,983 | +14.8% |
| Contributions | 10/11 | €12,408 | €12,408 | = | 0.0% |
| Reserves | 13 | €676,489 | €778,472 | +€101,983 | +15.1% |
| Non-distributable reserves | 130/1 | €672,093 | €777,066 | +€104,974 | +15.6% |
| Other | 1319 | €672,093 | €777,066 | +€104,974 | +15.6% |
| Tax-exempt reserves | 132 | €4,397 | €1,406 | -€2,991 | -68.0% |
| Provisions and deferred taxes | 16 | €1,415 | €418 | -€997 | -70.5% |
| Deferred taxes | 168 | €1,415 | €418 | -€997 | -70.5% |
| Amounts payable | 17/49 | €59,662 | €84,616 | +€24,954 | +41.8% |
| Amounts payable after more than one year | 17 | €5,116 | - | -€5,116 | |
| Financial debts | 170/4 | €5,116 | - | -€5,116 | |
| Amounts payable within one year | 42/48 | €52,445 | €83,616 | +€31,172 | +59.4% |
| Current portion of amounts payable after more than one year | 42 | €17,015 | €5,116 | -€11,898 | -69.9% |
| Trade debts | 44 | €1,193 | €994 | -€199 | -16.6% |
| Suppliers | 440/4 | €1,193 | €994 | -€199 | -16.6% |
| Taxes, remuneration and social security | 45 | €8,735 | €25,040 | +€16,305 | +187% |
| Taxes | 450/3 | €8,735 | €25,040 | +€16,305 | +187% |
| Other amounts payable | 47/48 | €25,502 | €52,465 | +€26,963 | +106% |
| Accrued charges and deferred income | 492/3 | €2,101 | €1,000 | -€1,101 | -52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,391 | €22,391 | -€0 | 0.0% |
| Other operating charges | 640/8 | €555 | €360 | -€196 | -35.2% |
| Non-recurring operating charges | 66A | €575 | €434 | -€141 | -24.5% |
| Gross operating margin | 9900 | €248,347 | €249,752 | +€1,404 | +0.6% |
| Operating profit (loss) | 9901 | €224,826 | €226,567 | +€1,741 | +0.8% |
| Financial income | 75/76B | €1 | €1,187 | +€1,186 | +124,861% |
| Recurring financial income | 75 | €1 | €1,187 | +€1,186 | +124,861% |
| Financial charges | 65/66B | €1,363 | €237 | -€1,126 | -82.6% |
| Recurring financial charges | 65 | €1,363 | €237 | -€1,126 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | €223,464 | €227,517 | +€4,053 | +1.8% |
| Transfer from deferred taxes | 780 | €997 | €997 | = | 0.0% |
| Income taxes | 67/77 | €72,760 | €74,065 | +€1,305 | +1.8% |
| Profit (loss) for the period | 9904 | €151,700 | €154,448 | +€2,748 | +1.8% |
| Transfer from tax-exempt reserves | 789 | €2,991 | €2,991 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €154,691 | €157,439 | +€2,748 | +1.8% |
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 26 October 2026 via checked.be.