Lexcon: 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.
Lexcon
Largest movements
- Cash -€35,612
down €35,612 (-44.6%), from €79,779 to €44,167
mainly Other debts (-€29,949) and Current investments (-€12,000)
- Current investments +€12,000
up €12,000 (+65.7%), from €18,253 to €30,253
- Tangible fixed assets -€10,531
down €10,531 (-74.3%), from €14,180 to €3,649
of which Furniture and vehicles: -€7,967
- Other debts -€29,949
down €29,949 (-26.6%), from €112,549 to €82,600
- Tax, wage and social debts -€9,939
down €9,939 (-92.5%), from €10,747 to €807
- Accrued charges and deferred income +€4,140
up €4,140 (+1,037%), from €399 to €4,539
- Gross operating margin -€76,252
down €76,252 (-80.2%), from €95,049 to €18,797
- Taxes -€18,376
down €18,376 (-88.9%), from €20,660 to €2,283
- Depreciation -€3,328
down €3,328 (-24.0%), from €13,859 to €10,531
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 | €125,782 | €90,890 | -€34,891 | -27.7% |
| Fixed assets | 21/28 | €14,180 | €3,649 | -€10,531 | -74.3% |
| Tangible fixed assets | 22/27 | €14,180 | €3,649 | -€10,531 | -74.3% |
| Plant, machinery and equipment | 23 | €6,213 | €3,649 | -€2,564 | -41.3% |
| Furniture and vehicles | 24 | €7,967 | €0 | -€7,967 | -100% |
| Current assets | 29/58 | €111,601 | €87,241 | -€24,360 | -21.8% |
| Amounts receivable within one year | 40/41 | €11,841 | €11,134 | -€707 | -6.0% |
| Trade receivables | 40 | €11,841 | €0 | -€11,841 | -100% |
| Other amounts receivable | 41 | €0 | €11,134 | +€11,134 | |
| Current investments | 50/53 | €18,253 | €30,253 | +€12,000 | +65.7% |
| Cash at bank and in hand | 54/58 | €79,779 | €44,167 | -€35,612 | -44.6% |
| Deferred charges and accrued income | 490/1 | €1,729 | €1,688 | -€41 | -2.4% |
| Total equity and liabilities | 10/49 | €125,782 | €90,890 | -€34,891 | -27.7% |
| Equity | 10/15 | €1,861 | €1,861 | = | 0.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €123,921 | €89,029 | -€34,891 | -28.2% |
| Amounts payable within one year | 42/48 | €123,521 | €84,490 | -€39,031 | -31.6% |
| Trade debts | 44 | €226 | €1,083 | +€857 | +379% |
| Suppliers | 440/4 | €226 | €1,083 | +€857 | +379% |
| Taxes, remuneration and social security | 45 | €10,747 | €807 | -€9,939 | -92.5% |
| Taxes | 450/3 | €10,747 | €807 | -€9,939 | -92.5% |
| Other amounts payable | 47/48 | €112,549 | €82,600 | -€29,949 | -26.6% |
| Accrued charges and deferred income | 492/3 | €399 | €4,539 | +€4,140 | +1,037% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,859 | €10,531 | -€3,328 | -24.0% |
| Other operating charges | 640/8 | €563 | €520 | -€43 | -7.6% |
| Gross operating margin | 9900 | €95,049 | €18,797 | -€76,252 | -80.2% |
| Operating profit (loss) | 9901 | €80,628 | €7,747 | -€72,881 | -90.4% |
| Financial income | 75/76B | €0 | €5 | +€5 | |
| Recurring financial income | 75 | €0 | €5 | +€5 | |
| Financial charges | 65/66B | €101 | €85 | -€15 | -15.1% |
| Recurring financial charges | 65 | €101 | €85 | -€15 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €80,527 | €7,666 | -€72,861 | -90.5% |
| Income taxes | 67/77 | €20,660 | €2,283 | -€18,376 | -88.9% |
| Profit (loss) for the period | 9904 | €59,867 | €5,383 | -€54,484 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,867 | €5,383 | -€54,484 | -91.0% |
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 16 October 2026 via checked.be.