LEXB: 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.
LEXB
Largest movements
- Intangible fixed assets -€358,901
down €358,901 (-99.8%), from €359,558 to €657
- Receivables after one year +€195,063
new in 2025: €195,063
- Tangible fixed assets -€126,277
down €126,277 (-48.2%), from €262,220 to €135,943
of which Land and buildings: -€126,786
- Cash +€90,924
up €90,924 (+353.4%), from €25,728 to €116,651
mainly Investment in fixed assets (net) (+€482,951) and Net result for the year (+€50,181)
- Receivables within one year -€9,232
down €9,232 (-83.6%), from €11,047 to €1,815
- Other debts -€124,896
down €124,896 (-88.0%), from €142,006 to €17,110
- Debts after one year -€91,744
down €91,744 (-38.7%), from €237,196 to €145,453
- Profit (loss) carried forward +€26,140
up €26,140 (+103.4%), from €25,272 to €51,412
- Current portion of long-term debt -€11,995
down €11,995 (-55.2%), from €21,719 to €9,724
- Depreciation -€40,875
down €40,875 (-94.8%), from €43,102 to €2,227
- Taxes -€25,355
down €25,355 (-67.2%), from €37,737 to €12,382
- Financial charges +€12,534
up €12,534 (+76.4%), from €16,405 to €28,940
- Gross operating margin -€4,049
down €4,049 (-4.1%), from €99,748 to €95,698
- Other operating charges -€3,375
down €3,375 (-52.7%), from €6,410 to €3,034
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 | €661,509 | €452,758 | -€208,750 | -31.6% |
| Fixed assets | 21/28 | €621,860 | €136,682 | -€485,178 | -78.0% |
| Intangible fixed assets | 21 | €359,558 | €657 | -€358,901 | -99.8% |
| Tangible fixed assets | 22/27 | €262,220 | €135,943 | -€126,277 | -48.2% |
| Land and buildings | 22 | €259,682 | €132,897 | -€126,786 | -48.8% |
| Plant, machinery and equipment | 23 | - | €1,593 | +€1,593 | |
| Furniture and vehicles | 24 | €2,538 | €1,454 | -€1,084 | -42.7% |
| Financial fixed assets | 28 | €82 | €82 | = | 0.0% |
| Current assets | 29/58 | €39,649 | €316,076 | +€276,427 | +697.2% |
| Amounts receivable after more than one year | 29 | - | €195,063 | +€195,063 | |
| Trade receivables | 290 | - | €195,063 | +€195,063 | |
| Amounts receivable within one year | 40/41 | €11,047 | €1,815 | -€9,232 | -83.6% |
| Trade receivables | 40 | €11,047 | €1,815 | -€9,232 | -83.6% |
| Cash at bank and in hand | 54/58 | €25,728 | €116,651 | +€90,924 | +353.4% |
| Deferred charges and accrued income | 490/1 | €2,874 | €2,548 | -€326 | -11.4% |
| Total equity and liabilities | 10/49 | €661,509 | €452,758 | -€208,750 | -31.6% |
| Equity | 10/15 | €216,230 | €238,176 | +€21,945 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €172,358 | €168,164 | -€4,194 | -2.4% |
| Tax-exempt reserves | 132 | €75,498 | €71,304 | -€4,194 | -5.6% |
| Distributable reserves | 133 | €96,860 | €96,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,272 | €51,412 | +€26,140 | +103.4% |
| Provisions and deferred taxes | 16 | €19,166 | €18,101 | -€1,065 | -5.6% |
| Deferred taxes | 168 | €19,166 | €18,101 | -€1,065 | -5.6% |
| Amounts payable | 17/49 | €426,112 | €196,481 | -€229,631 | -53.9% |
| Amounts payable after more than one year | 17 | €237,196 | €145,453 | -€91,744 | -38.7% |
| Financial debts | 170/4 | €237,196 | €145,453 | -€91,744 | -38.7% |
| Amounts payable within one year | 42/48 | €178,705 | €39,807 | -€138,898 | -77.7% |
| Current portion of amounts payable after more than one year | 42 | €21,719 | €9,724 | -€11,995 | -55.2% |
| Trade debts | 44 | €4,826 | €648 | -€4,179 | -86.6% |
| Suppliers | 440/4 | €4,826 | €648 | -€4,179 | -86.6% |
| Taxes, remuneration and social security | 45 | €10,154 | €12,325 | +€2,171 | +21.4% |
| Taxes | 450/3 | €10,154 | €12,325 | +€2,171 | +21.4% |
| Other amounts payable | 47/48 | €142,006 | €17,110 | -€124,896 | -88.0% |
| Accrued charges and deferred income | 492/3 | €10,211 | €11,222 | +€1,011 | +9.9% |
| Non-recurring operating income | 76A | €7,612 | €3,551 | -€4,060 | -53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,102 | €2,227 | -€40,875 | -94.8% |
| Other operating charges | 640/8 | €6,410 | €3,034 | -€3,375 | -52.7% |
| Gross operating margin | 9900 | €99,748 | €95,698 | -€4,049 | -4.1% |
| Operating profit (loss) | 9901 | €50,236 | €90,437 | +€40,201 | +80.0% |
| Financial income | 75/76B | €479 | €1 | -€478 | -99.8% |
| Recurring financial income | 75 | €479 | €1 | -€478 | -99.8% |
| Financial charges | 65/66B | €16,405 | €28,940 | +€12,534 | +76.4% |
| Recurring financial charges | 65 | €16,405 | €28,940 | +€12,534 | +76.4% |
| Profit (loss) for the period before taxes | 9903 | €34,309 | €61,498 | +€27,188 | +79.2% |
| Transfer from deferred taxes | 780 | €1,065 | €1,065 | = | 0.0% |
| Income taxes | 67/77 | €37,737 | €12,382 | -€25,355 | -67.2% |
| Profit (loss) for the period | 9904 | -€2,363 | €50,181 | +€52,544 | |
| Transfer from tax-exempt reserves | 789 | €4,194 | €4,194 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,831 | €54,375 | +€52,544 | +2869.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.