LEXMA: 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.
LEXMA
Largest movements
- Cash +€119,098
up €119,098 (+49.6%), from €239,898 to €358,996
mainly Net result for the year (+€122,399) and Other debts (+€4,589)
- Reserves +€122,399
up €122,399 (+32.4%), from €377,406 to €499,805
of which Distributable reserves: +€122,399
- Gross operating margin -€4,355
down €4,355 (-26.0%), from €16,757 to €12,401
- Taxes -€1,457
down €1,457 (-10.0%), from €14,611 to €13,154
- Financial charges +€738
up €738 (+9.6%), from €7,647 to €8,384
- Financial income -€669
down €669 (-0.5%), from €133,152 to €132,483
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 | €966,585 | €1,092,542 | +€125,957 | +13.0% |
| Fixed assets | 21/28 | €721,125 | €721,125 | = | 0.0% |
| Financial fixed assets | 28 | €721,125 | €721,125 | = | 0.0% |
| Current assets | 29/58 | €245,460 | €371,417 | +€125,957 | +51.3% |
| Amounts receivable within one year | 40/41 | €5,363 | €12,173 | +€6,810 | +127% |
| Trade receivables | 40 | €5,361 | €10,855 | +€5,495 | +102% |
| Other amounts receivable | 41 | €3 | €1,318 | +€1,315 | +52,201% |
| Cash at bank and in hand | 54/58 | €239,898 | €358,996 | +€119,098 | +49.6% |
| Deferred charges and accrued income | 490/1 | €199 | €248 | +€49 | +24.5% |
| Total equity and liabilities | 10/49 | €966,585 | €1,092,542 | +€125,957 | +13.0% |
| Equity | 10/15 | €397,406 | €519,805 | +€122,399 | +30.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €377,406 | €499,805 | +€122,399 | +32.4% |
| Non-distributable reserves | 130/1 | €1,600 | €1,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,600 | €1,600 | = | 0.0% |
| Distributable reserves | 133 | €375,806 | €498,205 | +€122,399 | +32.6% |
| Amounts payable | 17/49 | €569,179 | €572,737 | +€3,558 | +0.6% |
| Amounts payable after more than one year | 17 | €110,152 | €110,152 | = | 0.0% |
| Other amounts payable | 178/9 | €110,152 | €110,152 | = | 0.0% |
| Amounts payable within one year | 42/48 | €450,717 | €454,339 | +€3,622 | +0.8% |
| Trade debts | 44 | €690 | €936 | +€246 | +35.7% |
| Suppliers | 440/4 | €690 | €936 | +€246 | +35.7% |
| Taxes, remuneration and social security | 45 | €13,663 | €12,450 | -€1,213 | -8.9% |
| Taxes | 450/3 | €11,356 | €10,143 | -€1,213 | -10.7% |
| Remuneration and social security | 454/9 | €2,307 | €2,307 | = | 0.0% |
| Other amounts payable | 47/48 | €436,364 | €440,953 | +€4,589 | +1.1% |
| Accrued charges and deferred income | 492/3 | €8,310 | €8,246 | -€64 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48 | - | -€48 | |
| Other operating charges | 640/8 | €970 | €947 | -€23 | -2.4% |
| Gross operating margin | 9900 | €16,757 | €12,401 | -€4,355 | -26.0% |
| Operating profit (loss) | 9901 | €15,739 | €11,455 | -€4,284 | -27.2% |
| Financial income | 75/76B | €133,152 | €132,483 | -€669 | -0.5% |
| Recurring financial income | 75 | €133,152 | €132,483 | -€669 | -0.5% |
| Financial charges | 65/66B | €7,647 | €8,384 | +€738 | +9.6% |
| Recurring financial charges | 65 | €7,647 | €8,384 | +€738 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €141,244 | €135,553 | -€5,691 | -4.0% |
| Income taxes | 67/77 | €14,611 | €13,154 | -€1,457 | -10.0% |
| Profit (loss) for the period | 9904 | €126,633 | €122,399 | -€4,234 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €126,633 | €122,399 | -€4,234 | -3.3% |
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 29 October 2026 via checked.be.