Lexfold: 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.
Lexfold
Largest movements
- Tangible fixed assets +€34,574
up €34,574 (+586.1%), from €5,899 to €40,474
- Cash -€10,017
down €10,017 (-30.0%), from €33,421 to €23,403
mainly Investment in fixed assets (net) (-€40,061) and Tax, wage and social debts (-€21,105)
- Receivables within one year +€3,851
up €3,851 (+11.1%), from €34,754 to €38,605
of which Trade receivables: +€4,745
- Reserves +€47,579
up €47,579 (+41.4%), from €115,002 to €162,580
- Tax, wage and social debts -€21,105
down €21,105 (-72.3%), from €29,175 to €8,070
- Trade debts +€3,401
up €3,401 (+126.0%), from €2,698 to €6,099
- Taxes -€3,496
down €3,496 (-19.2%), from €18,217 to €14,721
- Gross operating margin +€2,940
up €2,940 (+4.1%), from €71,173 to €74,113
- Depreciation +€1,967
up €1,967 (+55.9%), from €3,519 to €5,486
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 | €149,074 | €178,754 | +€29,680 | +19.9% |
| Fixed assets | 21/28 | €5,899 | €40,474 | +€34,574 | +586.1% |
| Tangible fixed assets | 22/27 | €5,899 | €40,474 | +€34,574 | +586.1% |
| Furniture and vehicles | 24 | €5,899 | €40,474 | +€34,574 | +586.1% |
| Current assets | 29/58 | €143,174 | €138,280 | -€4,894 | -3.4% |
| Amounts receivable within one year | 40/41 | €34,754 | €38,605 | +€3,851 | +11.1% |
| Trade receivables | 40 | €32,934 | €37,679 | +€4,745 | +14.4% |
| Other amounts receivable | 41 | €1,820 | €925 | -€894 | -49.1% |
| Current investments | 50/53 | €75,000 | €75,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,421 | €23,403 | -€10,017 | -30.0% |
| Deferred charges and accrued income | 490/1 | - | €1,272 | +€1,272 | |
| Total equity and liabilities | 10/49 | €149,074 | €178,754 | +€29,680 | +19.9% |
| Equity | 10/15 | €117,002 | €164,580 | +€47,579 | +40.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €115,002 | €162,580 | +€47,579 | +41.4% |
| Distributable reserves | 133 | €115,002 | €162,580 | +€47,579 | +41.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,072 | €14,173 | -€17,899 | -55.8% |
| Amounts payable within one year | 42/48 | €32,072 | €14,173 | -€17,899 | -55.8% |
| Trade debts | 44 | €2,698 | €6,099 | +€3,401 | +126.0% |
| Suppliers | 440/4 | €2,698 | €6,099 | +€3,401 | +126.0% |
| Taxes, remuneration and social security | 45 | €29,175 | €8,070 | -€21,105 | -72.3% |
| Taxes | 450/3 | €29,175 | €8,070 | -€21,105 | -72.3% |
| Other amounts payable | 47/48 | €198 | €5 | -€194 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,519 | €5,486 | +€1,967 | +55.9% |
| Other operating charges | 640/8 | €1,142 | €1,306 | +€164 | +14.4% |
| Gross operating margin | 9900 | €71,173 | €74,113 | +€2,940 | +4.1% |
| Operating profit (loss) | 9901 | €66,511 | €67,320 | +€809 | +1.2% |
| Financial income | 75/76B | €0 | €28 | +€28 | +138600.0% |
| Recurring financial income | 75 | €0 | €28 | +€28 | +138600.0% |
| Financial charges | 65/66B | €110 | €48 | -€62 | -56.5% |
| Recurring financial charges | 65 | €110 | €48 | -€62 | -56.5% |
| Profit (loss) for the period before taxes | 9903 | €66,401 | €67,300 | +€899 | +1.4% |
| Income taxes | 67/77 | €18,217 | €14,721 | -€3,496 | -19.2% |
| Profit (loss) for the period | 9904 | €48,184 | €52,579 | +€4,395 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,184 | €52,579 | +€4,395 | +9.1% |
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 4 October 2026 via checked.be.