LEXCUUS: 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.
LEXCUUS
Largest movements
- Tangible fixed assets -€7,995
down €7,995 (-29.9%), from €26,779 to €18,785
- Receivables within one year -€6,029
down €6,029 (-27.6%), from €21,821 to €15,792
of which Trade receivables: -€4,192
- Reserves -€13,491
down €13,491 (-14.9%), from €90,669 to €77,178
of which Distributable reserves: -€13,491
- Tax, wage and social debts -€7,253
down €7,253 (-64.2%), from €11,303 to €4,050
of which Taxes: -€7,253
- Other debts +€3,253
up €3,253 (+20.3%), from €16,029 to €19,282
- Trade debts +€1,899
up €1,899 (+973%), from €195 to €2,094
- Gross operating margin -€9,971
down €9,971 (-30.2%), from €33,022 to €23,051
- Taxes -€2,762
down €2,762 (-42.0%), from €6,577 to €3,815
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 | €134,176 | €119,115 | -€15,061 | -11.2% |
| Fixed assets | 21/28 | €26,779 | €18,785 | -€7,995 | -29.9% |
| Tangible fixed assets | 22/27 | €26,779 | €18,785 | -€7,995 | -29.9% |
| Furniture and vehicles | 24 | €26,779 | €18,785 | -€7,995 | -29.9% |
| Current assets | 29/58 | €107,397 | €100,331 | -€7,066 | -6.6% |
| Amounts receivable within one year | 40/41 | €21,821 | €15,792 | -€6,029 | -27.6% |
| Trade receivables | 40 | €19,518 | €15,326 | -€4,192 | -21.5% |
| Other amounts receivable | 41 | €2,303 | €466 | -€1,837 | -79.8% |
| Cash at bank and in hand | 54/58 | €84,577 | €83,476 | -€1,102 | -1.3% |
| Deferred charges and accrued income | 490/1 | €999 | €1,063 | +€64 | +6.4% |
| Total equity and liabilities | 10/49 | €134,176 | €119,115 | -€15,061 | -11.2% |
| Equity | 10/15 | €106,169 | €92,678 | -€13,491 | -12.7% |
| Contributions | 10/11 | €15,500 | €15,500 | = | 0.0% |
| Reserves | 13 | €90,669 | €77,178 | -€13,491 | -14.9% |
| 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 | €88,809 | €75,318 | -€13,491 | -15.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €28,008 | €26,437 | -€1,570 | -5.6% |
| Amounts payable within one year | 42/48 | €27,528 | €25,426 | -€2,102 | -7.6% |
| Trade debts | 44 | €195 | €2,094 | +€1,899 | +973% |
| Suppliers | 440/4 | €195 | €2,094 | +€1,899 | +973% |
| Taxes, remuneration and social security | 45 | €11,303 | €4,050 | -€7,253 | -64.2% |
| Taxes | 450/3 | €9,353 | €2,100 | -€7,253 | -77.5% |
| Remuneration and social security | 454/9 | €1,950 | €1,950 | = | 0.0% |
| Other amounts payable | 47/48 | €16,029 | €19,282 | +€3,253 | +20.3% |
| Accrued charges and deferred income | 492/3 | €480 | €1,011 | +€531 | +111% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,092 | €7,995 | -€98 | -1.2% |
| Other operating charges | 640/8 | €830 | €960 | +€131 | +15.8% |
| Gross operating margin | 9900 | €33,022 | €23,051 | -€9,971 | -30.2% |
| Operating profit (loss) | 9901 | €24,100 | €14,096 | -€10,004 | -41.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €77 | €72 | -€5 | -6.5% |
| Recurring financial charges | 65 | €77 | €72 | -€5 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €24,023 | €14,024 | -€9,999 | -41.6% |
| Income taxes | 67/77 | €6,577 | €3,815 | -€2,762 | -42.0% |
| Profit (loss) for the period | 9904 | €17,446 | €10,209 | -€7,237 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,446 | €10,209 | -€7,237 | -41.5% |
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.