LEXTRAMILE: 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.
LEXTRAMILE
Largest movements
- Receivables within one year -€48,654
down €48,654 (-34.6%), from €140,676 to €92,021
of which Other amounts receivable: -€38,115
- Cash -€6,087
down €6,087 (-64.4%), from €9,450 to €3,363
mainly Contributions, distributions and other (-€120,000) and Tax, wage and social debts (-€10,927)
- Reserves -€55,878
down €55,878 (-61.8%), from €90,468 to €34,590
- Debts after one year +€12,284
new in 2025: €12,284
- Tax, wage and social debts -€10,927
down €10,927 (-52.9%), from €20,656 to €9,730
- Trade debts -€2,453
down €2,453 (-57.4%), from €4,271 to €1,818
- Current portion of long-term debt +€2,115
up €2,115 (+24.2%), from €8,728 to €10,843
- Taxes +€4,382
up €4,382 (+24.6%), from €17,802 to €22,184
- Financial income +€2,382
up €2,382 (+48.3%), from €4,931 to €7,313
- Gross operating margin -€2,174
down €2,174 (-2.5%), from €86,206 to €84,032
- Other operating charges -€1,400
down €1,400 (-66.9%), from €2,091 to €691
- Financial charges +€1,362
up €1,362 (+47.5%), from €2,869 to €4,230
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 | €151,123 | €96,265 | -€54,859 | -36.3% |
| Fixed assets | 21/28 | €138 | €20 | -€118 | -85.6% |
| Tangible fixed assets | 22/27 | €138 | €20 | -€118 | -85.6% |
| Furniture and vehicles | 24 | €138 | €20 | -€118 | -85.6% |
| Current assets | 29/58 | €150,986 | €96,245 | -€54,741 | -36.3% |
| Amounts receivable within one year | 40/41 | €140,676 | €92,021 | -€48,654 | -34.6% |
| Trade receivables | 40 | €27,850 | €17,311 | -€10,539 | -37.8% |
| Other amounts receivable | 41 | €112,825 | €74,710 | -€38,115 | -33.8% |
| Cash at bank and in hand | 54/58 | €9,450 | €3,363 | -€6,087 | -64.4% |
| Deferred charges and accrued income | 490/1 | €861 | €861 | = | 0.0% |
| Total equity and liabilities | 10/49 | €151,123 | €96,265 | -€54,859 | -36.3% |
| Equity | 10/15 | €92,468 | €36,590 | -€55,878 | -60.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €90,468 | €34,590 | -€55,878 | -61.8% |
| Distributable reserves | 133 | €90,468 | €34,590 | -€55,878 | -61.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €58,655 | €59,674 | +€1,019 | +1.7% |
| Amounts payable after more than one year | 17 | - | €12,284 | +€12,284 | |
| Financial debts | 170/4 | - | €12,284 | +€12,284 | |
| Amounts payable within one year | 42/48 | €58,655 | €47,390 | -€11,265 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €8,728 | €10,843 | +€2,115 | +24.2% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Other loans | 439 | €25,000 | €0 | -€25,000 | -100.0% |
| Trade debts | 44 | €4,271 | €1,818 | -€2,453 | -57.4% |
| Suppliers | 440/4 | €4,271 | €1,818 | -€2,453 | -57.4% |
| Taxes, remuneration and social security | 45 | €20,656 | €9,730 | -€10,927 | -52.9% |
| Taxes | 450/3 | €20,656 | €9,730 | -€10,927 | -52.9% |
| Non-recurring operating income | 76A | €633 | €0 | -€633 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118 | €118 | = | 0.0% |
| Other operating charges | 640/8 | €2,091 | €691 | -€1,400 | -66.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €86,206 | €84,032 | -€2,174 | -2.5% |
| Operating profit (loss) | 9901 | €83,998 | €83,223 | -€775 | -0.9% |
| Financial income | 75/76B | €4,931 | €7,313 | +€2,382 | +48.3% |
| Recurring financial income | 75 | €4,931 | €7,313 | +€2,382 | +48.3% |
| Financial charges | 65/66B | €2,869 | €4,230 | +€1,362 | +47.5% |
| Recurring financial charges | 65 | €2,869 | €4,230 | +€1,362 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | €86,060 | €86,306 | +€246 | +0.3% |
| Income taxes | 67/77 | €17,802 | €22,184 | +€4,382 | +24.6% |
| Profit (loss) for the period | 9904 | €68,258 | €64,122 | -€4,136 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,258 | €64,122 | -€4,136 | -6.1% |
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 3 October 2026 via checked.be.