Lexsys: 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.
Lexsys
Largest movements
- Tangible fixed assets -€46,646
down €46,646 (-4.4%), from €1.1m to €1.0m
of which Land and buildings: -€43,221
- Stocks and contracts -€41,483
down €41,483 (-16.3%), from €254,314 to €212,831
- Receivables within one year +€23,435
up €23,435 (+31.3%), from €74,803 to €98,238
of which Other amounts receivable: +€20,297
- Debts after one year -€82,765
down €82,765 (-6.9%), from €1.2m to €1.1m
of which Financial debts: -€76,821
- Short-term financial debts +€23,335
new in 2025: €23,335
- Tax, wage and social debts -€22,291
down €22,291 (-73.2%), from €30,448 to €8,156
of which Taxes: -€18,591
- Gross operating margin -€48,869
down €48,869 (-38.3%), from €127,487 to €78,618
- Taxes -€7,426
down €7,426 (-97.7%), from €7,602 to €176
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 | €1,411,148 | €1,339,457 | -€71,691 | -5.1% |
| Fixed assets | 21/28 | €1,068,987 | €1,022,341 | -€46,646 | -4.4% |
| Tangible fixed assets | 22/27 | €1,068,987 | €1,022,341 | -€46,646 | -4.4% |
| Land and buildings | 22 | €1,044,541 | €1,001,320 | -€43,221 | -4.1% |
| Plant, machinery and equipment | 23 | €20,908 | €14,279 | -€6,629 | -31.7% |
| Furniture and vehicles | 24 | €2,216 | €5,420 | +€3,204 | +144.6% |
| Other tangible fixed assets | 26 | €1,322 | €1,322 | = | 0.0% |
| Current assets | 29/58 | €342,161 | €317,116 | -€25,045 | -7.3% |
| Stocks and contracts in progress | 3 | €254,314 | €212,831 | -€41,483 | -16.3% |
| Stocks | 30/36 | €254,314 | €212,831 | -€41,483 | -16.3% |
| Amounts receivable within one year | 40/41 | €74,803 | €98,238 | +€23,435 | +31.3% |
| Trade receivables | 40 | €24,652 | €27,789 | +€3,138 | +12.7% |
| Other amounts receivable | 41 | €50,152 | €70,449 | +€20,297 | +40.5% |
| Cash at bank and in hand | 54/58 | €10,088 | €2,584 | -€7,504 | -74.4% |
| Deferred charges and accrued income | 490/1 | €2,956 | €3,462 | +€506 | +17.1% |
| Total equity and liabilities | 10/49 | €1,411,148 | €1,339,457 | -€71,691 | -5.1% |
| Equity | 10/15 | €84,907 | €85,190 | +€283 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,307 | €66,590 | +€283 | +0.4% |
| Distributable reserves | 133 | €66,307 | €66,590 | +€283 | +0.4% |
| Amounts payable | 17/49 | €1,326,242 | €1,254,267 | -€71,974 | -5.4% |
| Amounts payable after more than one year | 17 | €1,202,793 | €1,120,029 | -€82,765 | -6.9% |
| Financial debts | 170/4 | €669,525 | €592,704 | -€76,821 | -11.5% |
| Other amounts payable | 178/9 | €533,268 | €527,325 | -€5,943 | -1.1% |
| Amounts payable within one year | 42/48 | €123,448 | €134,239 | +€10,790 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €76,691 | €76,821 | +€130 | +0.2% |
| Financial debts | 43 | - | €23,335 | +€23,335 | |
| Credit institutions | 430/8 | - | €23,335 | +€23,335 | |
| Trade debts | 44 | €7,897 | €14,984 | +€7,087 | +89.7% |
| Suppliers | 440/4 | €7,897 | €14,984 | +€7,087 | +89.7% |
| Advances received on contracts in progress | 46 | €1,000 | €2,850 | +€1,850 | +185.0% |
| Taxes, remuneration and social security | 45 | €30,448 | €8,156 | -€22,291 | -73.2% |
| Taxes | 450/3 | €26,748 | €8,156 | -€18,591 | -69.5% |
| Remuneration and social security | 454/9 | €3,700 | - | -€3,700 | |
| Other amounts payable | 47/48 | €7,412 | €8,092 | +€680 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,072 | €50,911 | +€839 | +1.7% |
| Other operating charges | 640/8 | €7,623 | €7,678 | +€54 | +0.7% |
| Gross operating margin | 9900 | €127,487 | €78,618 | -€48,869 | -38.3% |
| Operating profit (loss) | 9901 | €69,792 | €20,029 | -€49,762 | -71.3% |
| Financial income | 75/76B | €595 | €151 | -€444 | -74.7% |
| Recurring financial income | 75 | €595 | €151 | -€444 | -74.7% |
| Financial charges | 65/66B | €20,297 | €19,721 | -€576 | -2.8% |
| Recurring financial charges | 65 | €20,297 | €19,721 | -€576 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €50,090 | €459 | -€49,631 | -99.1% |
| Income taxes | 67/77 | €7,602 | €176 | -€7,426 | -97.7% |
| Profit (loss) for the period | 9904 | €42,488 | €283 | -€42,204 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,488 | €283 | -€42,204 | -99.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.