LEXINET: 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.
LEXINET
Largest movements
- Tangible fixed assets -€14,883
down €14,883 (-10.6%), from €140,547 to €125,664
of which Land and buildings: -€12,935
- Financial fixed assets -€11,808
down €11,808 (-60.8%), from €19,408 to €7,599
- Cash -€10,856
down €10,856 (-32.6%), from €33,350 to €22,493
mainly Net result for the year (-€45,461) and Tax, wage and social debts (-€1,178)
- Receivables within one year -€7,023
down €7,023 (-90.0%), from €7,799 to €776
of which Trade receivables: -€7,662
- Profit (loss) carried forward -€45,461
down €45,461 (-26.5%), from €171,838 to €126,377
- Gross operating margin -€16,143
down €16,143, from €5,790 to -€10,353
- Financial income -€7,687
down €7,687 (-85.3%), from €9,007 to €1,320
of which Non-recurring financial income: -€8,767
- Other operating charges -€3,988
down €3,988 (-24.3%), from €16,405 to €12,417
- Depreciation -€382
down €382 (-2.5%), from €15,265 to €14,883
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 | €201,989 | €156,692 | -€45,298 | -22.4% |
| Fixed assets | 21/28 | €159,955 | €133,264 | -€26,691 | -16.7% |
| Tangible fixed assets | 22/27 | €140,547 | €125,664 | -€14,883 | -10.6% |
| Land and buildings | 22 | €138,599 | €125,664 | -€12,935 | -9.3% |
| Plant, machinery and equipment | 23 | €1,948 | €0 | -€1,948 | -100.0% |
| Financial fixed assets | 28 | €19,408 | €7,599 | -€11,808 | -60.8% |
| Current assets | 29/58 | €42,034 | €23,428 | -€18,606 | -44.3% |
| Amounts receivable within one year | 40/41 | €7,799 | €776 | -€7,023 | -90.0% |
| Trade receivables | 40 | €7,662 | €0 | -€7,662 | -100.0% |
| Other amounts receivable | 41 | €137 | €776 | +€640 | +467.0% |
| Cash at bank and in hand | 54/58 | €33,350 | €22,493 | -€10,856 | -32.6% |
| Deferred charges and accrued income | 490/1 | €886 | €158 | -€727 | -82.1% |
| Total equity and liabilities | 10/49 | €201,989 | €156,692 | -€45,298 | -22.4% |
| Equity | 10/15 | €192,298 | €146,837 | -€45,461 | -23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,838 | €126,377 | -€45,461 | -26.5% |
| Amounts payable | 17/49 | €9,691 | €9,855 | +€164 | +1.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €9,691 | €9,855 | +€164 | +1.7% |
| Trade debts | 44 | €6,119 | €6,820 | +€701 | +11.5% |
| Suppliers | 440/4 | €6,119 | €6,820 | +€701 | +11.5% |
| Taxes, remuneration and social security | 45 | €1,178 | €0 | -€1,178 | -100.0% |
| Taxes | 450/3 | €1,178 | €0 | -€1,178 | -100.0% |
| Other amounts payable | 47/48 | €2,394 | €3,035 | +€641 | +26.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,265 | €14,883 | -€382 | -2.5% |
| Other operating charges | 640/8 | €16,405 | €12,417 | -€3,988 | -24.3% |
| Non-recurring operating charges | 66A | - | €8,718 | +€8,718 | |
| Gross operating margin | 9900 | €5,790 | -€10,353 | -€16,143 | |
| Operating profit (loss) | 9901 | -€25,880 | -€46,371 | -€20,491 | -79.2% |
| Financial income | 75/76B | €9,007 | €1,320 | -€7,687 | -85.3% |
| Recurring financial income | 75 | €240 | €1,320 | +€1,081 | +450.4% |
| Non-recurring financial income | 76B | €8,767 | €0 | -€8,767 | -100.0% |
| Financial charges | 65/66B | €513 | €411 | -€102 | -19.9% |
| Recurring financial charges | 65 | €513 | €411 | -€102 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,386 | -€45,461 | -€28,076 | -161.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€17,386 | -€45,461 | -€28,076 | -161.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,386 | -€45,461 | -€28,076 | -161.5% |
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 9 October 2026 via checked.be.