Lexplain: 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.
Lexplain
Largest movements
- Current investments +€124,000
new in 2025: €124,000
- Cash -€80,573
down €80,573 (-73.4%), from €109,749 to €29,176
mainly Current investments (-€124,000) and Trade debts (-€1,915)
- Tangible fixed assets -€21,721
down €21,721 (-41.3%), from €52,555 to €30,834
of which Furniture and vehicles: -€21,340
- Reserves +€19,128
up €19,128 (+12.2%), from €156,788 to €175,915
- Tax, wage and social debts +€5,001
up €5,001 (+102.0%), from €4,903 to €9,904
- Trade debts -€1,915
down €1,915 (-77.7%), from €2,466 to €551
- Gross operating margin +€5,964
up €5,964 (+13.1%), from €45,539 to €51,503
- Taxes +€1,753
up €1,753 (+21.4%), from €8,178 to €9,931
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 | €165,157 | €187,371 | +€22,214 | +13.5% |
| Fixed assets | 21/28 | €52,555 | €30,834 | -€21,721 | -41.3% |
| Tangible fixed assets | 22/27 | €52,555 | €30,834 | -€21,721 | -41.3% |
| Land and buildings | 22 | €3,175 | €3,063 | -€112 | -3.5% |
| Furniture and vehicles | 24 | €48,829 | €27,489 | -€21,340 | -43.7% |
| Leasing and similar rights | 25 | €551 | €282 | -€269 | -48.9% |
| Current assets | 29/58 | €112,602 | €156,537 | +€43,935 | +39.0% |
| Amounts receivable within one year | 40/41 | €2,050 | €2,439 | +€389 | +19.0% |
| Trade receivables | 40 | €228 | - | -€228 | |
| Other amounts receivable | 41 | €1,822 | €2,439 | +€617 | +33.9% |
| Current investments | 50/53 | - | €124,000 | +€124,000 | |
| Cash at bank and in hand | 54/58 | €109,749 | €29,176 | -€80,573 | -73.4% |
| Deferred charges and accrued income | 490/1 | €803 | €922 | +€119 | +14.8% |
| Total equity and liabilities | 10/49 | €165,157 | €187,371 | +€22,214 | +13.5% |
| Equity | 10/15 | €157,788 | €176,915 | +€19,128 | +12.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €156,788 | €175,915 | +€19,128 | +12.2% |
| Distributable reserves | 133 | €156,788 | €175,915 | +€19,128 | +12.2% |
| Amounts payable | 17/49 | €7,369 | €10,455 | +€3,086 | +41.9% |
| Amounts payable within one year | 42/48 | €7,369 | €10,455 | +€3,086 | +41.9% |
| Trade debts | 44 | €2,466 | €551 | -€1,915 | -77.7% |
| Suppliers | 440/4 | €2,466 | €551 | -€1,915 | -77.7% |
| Taxes, remuneration and social security | 45 | €4,903 | €9,904 | +€5,001 | +102.0% |
| Taxes | 450/3 | €4,903 | €9,904 | +€5,001 | +102.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,721 | €21,721 | = | 0.0% |
| Other operating charges | 640/8 | €1,038 | €957 | -€81 | -7.8% |
| Gross operating margin | 9900 | €45,539 | €51,503 | +€5,964 | +13.1% |
| Operating profit (loss) | 9901 | €22,780 | €28,825 | +€6,045 | +26.5% |
| Financial income | 75/76B | €154 | €297 | +€143 | +92.7% |
| Recurring financial income | 75 | €154 | €297 | +€143 | +92.7% |
| Financial charges | 65/66B | €229 | €63 | -€166 | -72.5% |
| Recurring financial charges | 65 | €229 | €63 | -€166 | -72.5% |
| Profit (loss) for the period before taxes | 9903 | €22,704 | €29,059 | +€6,354 | +28.0% |
| Income taxes | 67/77 | €8,178 | €9,931 | +€1,753 | +21.4% |
| Profit (loss) for the period | 9904 | €14,526 | €19,128 | +€4,602 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,526 | €19,128 | +€4,602 | +31.7% |
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 7 October 2026 via checked.be.