Lexcom: 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.
Lexcom
Largest movements
- Current investments -€28,453
down €28,453 (-27.6%), from €102,961 to €74,508
- Tangible fixed assets -€23,395
down €23,395 (-4.6%), from €506,432 to €483,036
of which Land and buildings: -€25,195
- Receivables within one year -€14,403
down €14,403 (-32.0%), from €44,944 to €30,540
- Reserves -€27,132
down €27,132 (-44.5%), from €60,950 to €33,818
of which Distributable reserves: -€27,132
- Debts after one year -€25,335
down €25,335 (-5.2%), from €490,544 to €465,209
- Other debts -€9,293
down €9,293 (-12.9%), from €71,951 to €62,659
- Gross operating margin -€7,376
down €7,376 (-11.9%), from €61,807 to €54,432
- Taxes -€2,699
down €2,699 (-42.5%), from €6,350 to €3,651
- Financial charges +€2,649
up €2,649 (+31.7%), from €8,366 to €11,016
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 | €684,106 | €620,838 | -€63,268 | -9.2% |
| Fixed assets | 21/28 | €506,432 | €483,036 | -€23,395 | -4.6% |
| Tangible fixed assets | 22/27 | €506,432 | €483,036 | -€23,395 | -4.6% |
| Land and buildings | 22 | €504,397 | €479,202 | -€25,195 | -5.0% |
| Plant, machinery and equipment | 23 | - | €776 | +€776 | |
| Furniture and vehicles | 24 | €2,034 | €3,057 | +€1,023 | +50.3% |
| Current assets | 29/58 | €177,674 | €137,802 | -€39,872 | -22.4% |
| Amounts receivable within one year | 40/41 | €44,944 | €30,540 | -€14,403 | -32.0% |
| Trade receivables | 40 | €44,944 | €30,540 | -€14,403 | -32.0% |
| Current investments | 50/53 | €102,961 | €74,508 | -€28,453 | -27.6% |
| Cash at bank and in hand | 54/58 | €20,338 | €20,888 | +€550 | +2.7% |
| Deferred charges and accrued income | 490/1 | €9,431 | €11,866 | +€2,435 | +25.8% |
| Total equity and liabilities | 10/49 | €684,106 | €620,838 | -€63,268 | -9.2% |
| Equity | 10/15 | €74,524 | €49,112 | -€25,412 | -34.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €60,950 | €33,818 | -€27,132 | -44.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €59,090 | €31,958 | -€27,132 | -45.9% |
| Profit (loss) carried forward | 14 | €7,274 | €8,995 | +€1,720 | +23.7% |
| Amounts payable | 17/49 | €609,582 | €571,726 | -€37,856 | -6.2% |
| Amounts payable after more than one year | 17 | €490,544 | €465,209 | -€25,335 | -5.2% |
| Financial debts | 170/4 | €490,544 | €465,209 | -€25,335 | -5.2% |
| Amounts payable within one year | 42/48 | €119,038 | €106,517 | -€12,521 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €24,814 | €25,335 | +€521 | +2.1% |
| Trade debts | 44 | €4,540 | €7,451 | +€2,911 | +64.1% |
| Suppliers | 440/4 | €4,540 | €7,451 | +€2,911 | +64.1% |
| Taxes, remuneration and social security | 45 | €17,732 | €11,072 | -€6,660 | -37.6% |
| Taxes | 450/3 | €17,732 | €11,072 | -€6,660 | -37.6% |
| Other amounts payable | 47/48 | €71,951 | €62,659 | -€9,293 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,510 | €30,956 | +€445 | +1.5% |
| Other operating charges | 640/8 | €5,118 | €5,359 | +€241 | +4.7% |
| Gross operating margin | 9900 | €61,807 | €54,432 | -€7,376 | -11.9% |
| Operating profit (loss) | 9901 | €26,179 | €18,117 | -€8,062 | -30.8% |
| Financial income | 75/76B | €1,691 | €2,271 | +€580 | +34.3% |
| Recurring financial income | 75 | €1,691 | €2,271 | +€580 | +34.3% |
| Financial charges | 65/66B | €8,366 | €11,016 | +€2,649 | +31.7% |
| Recurring financial charges | 65 | €8,366 | €11,016 | +€2,649 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €19,503 | €9,372 | -€10,131 | -51.9% |
| Income taxes | 67/77 | €6,350 | €3,651 | -€2,699 | -42.5% |
| Profit (loss) for the period | 9904 | €13,153 | €5,720 | -€7,433 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,153 | €5,720 | -€7,433 | -56.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.