LEXINVEST: 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.
LEXINVEST
Largest movements
- Cash +€1.9m
up €1.9m (+201%), from €919,387 to €2.8m
mainly Contributions, distributions and other (+€1.3m) and Depreciation (+€786,136)
- Contributions +€1.3m
up €1.3m (+7.0%), from €19.0m to €20.3m
- Profit (loss) carried forward +€462,859
up €462,859 (+5.8%), from -€8.0m to -€7.6m
- Gross operating margin -€124,356
down €124,356 (-5.2%), from €2.4m to €2.3m
- Other operating charges +€52,675
up €52,675 (+7.8%), from €671,273 to €723,948
- Depreciation +€43,880
up €43,880 (+5.9%), from €742,256 to €786,136
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 | €27,979,558 | €29,893,200 | +€1.9m | +6.8% |
| Fixed assets | 21/28 | €26,181,356 | €26,001,910 | -€179,446 | -0.7% |
| Tangible fixed assets | 22/27 | €26,181,356 | €26,001,910 | -€179,446 | -0.7% |
| Land and buildings | 22 | €25,419,996 | €24,786,296 | -€633,701 | -2.5% |
| Other tangible fixed assets | 26 | €761,360 | €1,215,614 | +€454,255 | +59.7% |
| Current assets | 29/58 | €1,798,202 | €3,891,289 | +€2.1m | +116% |
| Amounts receivable within one year | 40/41 | €247,416 | €509,368 | +€261,952 | +106% |
| Trade receivables | 40 | €247,416 | €509,368 | +€261,952 | +106% |
| Cash at bank and in hand | 54/58 | €919,387 | €2,770,473 | +€1.9m | +201% |
| Deferred charges and accrued income | 490/1 | €631,400 | €611,448 | -€19,952 | -3.2% |
| Total equity and liabilities | 10/49 | €27,979,558 | €29,893,200 | +€1.9m | +6.8% |
| Equity | 10/15 | €10,936,368 | €12,722,627 | +€1.8m | +16.3% |
| Contributions | 10/11 | €18,980,539 | €20,303,939 | +€1.3m | +7.0% |
| Capital | 10 | €18,980,539 | €20,303,939 | +€1.3m | +7.0% |
| Issued capital | 100 | €18,980,539 | €20,303,939 | +€1.3m | +7.0% |
| Profit (loss) carried forward | 14 | -€8,044,171 | -€7,581,312 | +€462,859 | +5.8% |
| Amounts payable | 17/49 | €17,043,190 | €17,170,573 | +€127,382 | +0.7% |
| Amounts payable after more than one year | 17 | €16,132,000 | €16,133,709 | +€1,709 | 0.0% |
| Financial debts | 170/4 | €16,132,000 | €16,133,709 | +€1,709 | 0.0% |
| Amounts payable within one year | 42/48 | €67,667 | €156,236 | +€88,569 | +131% |
| Trade debts | 44 | €11,300 | €21,616 | +€10,316 | +91.3% |
| Suppliers | 440/4 | €11,300 | €21,616 | +€10,316 | +91.3% |
| Advances received on contracts in progress | 46 | €54,988 | €132,599 | +€77,611 | +141% |
| Taxes, remuneration and social security | 45 | €1,379 | €2,020 | +€642 | +46.5% |
| Taxes | 450/3 | €1,379 | €2,020 | +€642 | +46.5% |
| Accrued charges and deferred income | 492/3 | €843,524 | €880,627 | +€37,103 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €742,256 | €786,136 | +€43,880 | +5.9% |
| Other operating charges | 640/8 | €671,273 | €723,948 | +€52,675 | +7.8% |
| Gross operating margin | 9900 | €2,390,269 | €2,265,913 | -€124,356 | -5.2% |
| Operating profit (loss) | 9901 | €976,740 | €755,829 | -€220,911 | -22.6% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €297,800 | €292,973 | -€4,827 | -1.6% |
| Recurring financial charges | 65 | €297,800 | €292,973 | -€4,827 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €678,940 | €462,859 | -€216,081 | -31.8% |
| Profit (loss) for the period | 9904 | €678,940 | €462,859 | -€216,081 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €678,940 | €462,859 | -€216,081 | -31.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.