LEZ FONTAINE: 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.
LEZ FONTAINE
Largest movements
- Receivables within one year -€47,296
down €47,296 (-32.2%), from €146,823 to €99,527
of which Trade receivables: -€51,887
- Cash +€41,327
up €41,327 (+412%), from €10,042 to €51,369
mainly Receivables within one year (+€47,296) and Net result for the year (+€17,474)
- Stocks and contracts +€22,049
up €22,049 (+1,251%), from €1,763 to €23,812
- Tangible fixed assets -€8,584
down €8,584 (-44.6%), from €19,253 to €10,669
of which Furniture and vehicles: -€7,473
- Deferred charges and accrued income +€2,426
up €2,426 (+18,461%), from €13 to €2,439
- Trade debts -€22,206
down €22,206 (-40.4%), from €54,996 to €32,790
- Reserves +€17,474
up €17,474 (+26.9%), from €64,908 to €82,382
of which Distributable reserves: +€19,112
- Other debts +€8,412
up €8,412 (+103%), from €8,158 to €16,570
- Tax, wage and social debts +€6,241
up €6,241 (+45.8%), from €13,614 to €19,855
of which Taxes: +€6,241
- Gross operating margin -€33,815
down €33,815 (-49.1%), from €68,828 to €35,013
- Depreciation -€8,695
down €8,695 (-50.3%), from €17,279 to €8,584
- Write-downs -€1,963
no longer reported in 2025 (was €1,963)
- Other operating charges -€1,667
down €1,667 (-40.0%), from €4,167 to €2,500
- Taxes -€1,049
down €1,049 (-14.1%), from €7,452 to €6,403
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 | €178,860 | €188,781 | +€9,921 | +5.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €19,549 | €10,965 | -€8,584 | -43.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €19,253 | €10,669 | -€8,584 | -44.6% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €8,886 | €7,775 | -€1,111 | -12.5% |
| Furniture and vehicles | 24 | €10,367 | €2,894 | -€7,473 | -72.1% |
| Financial fixed assets | 28 | €296 | €296 | = | 0.0% |
| Current assets | 29/58 | €159,311 | €177,816 | +€18,505 | +11.6% |
| Stocks and contracts in progress | 3 | €1,763 | €23,812 | +€22,049 | +1,251% |
| Stocks | 30/36 | €1,763 | €23,812 | +€22,049 | +1,251% |
| Amounts receivable within one year | 40/41 | €146,823 | €99,527 | -€47,296 | -32.2% |
| Trade receivables | 40 | €125,337 | €73,451 | -€51,887 | -41.4% |
| Other amounts receivable | 41 | €21,486 | €26,076 | +€4,591 | +21.4% |
| Current investments | 50/53 | €669 | €669 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,042 | €51,369 | +€41,327 | +412% |
| Deferred charges and accrued income | 490/1 | €13 | €2,439 | +€2,426 | +18,461% |
| Total equity and liabilities | 10/49 | €178,860 | €188,781 | +€9,921 | +5.5% |
| Equity | 10/15 | €102,092 | €119,566 | +€17,474 | +17.1% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €64,908 | €82,382 | +€17,474 | +26.9% |
| Non-distributable reserves | 130/1 | €1,638 | - | -€1,638 | |
| Reserves not available under the articles | 1311 | €1,638 | - | -€1,638 | |
| Distributable reserves | 133 | €63,270 | €82,382 | +€19,112 | +30.2% |
| Amounts payable | 17/49 | €76,768 | €69,215 | -€7,553 | -9.8% |
| Amounts payable within one year | 42/48 | €76,768 | €69,215 | -€7,553 | -9.8% |
| Trade debts | 44 | €54,996 | €32,790 | -€22,206 | -40.4% |
| Suppliers | 440/4 | €54,996 | €32,790 | -€22,206 | -40.4% |
| Taxes, remuneration and social security | 45 | €13,614 | €19,855 | +€6,241 | +45.8% |
| Taxes | 450/3 | €7,614 | €13,855 | +€6,241 | +82.0% |
| Remuneration and social security | 454/9 | €6,000 | €6,000 | = | 0.0% |
| Other amounts payable | 47/48 | €8,158 | €16,570 | +€8,412 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,279 | €8,584 | -€8,695 | -50.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,963 | - | -€1,963 | |
| Other operating charges | 640/8 | €4,167 | €2,500 | -€1,667 | -40.0% |
| Gross operating margin | 9900 | €68,828 | €35,013 | -€33,815 | -49.1% |
| Operating profit (loss) | 9901 | €45,419 | €23,929 | -€21,490 | -47.3% |
| Financial income | 75/76B | €7 | €2 | -€5 | -68.9% |
| Recurring financial income | 75 | €7 | €2 | -€5 | -68.9% |
| Financial charges | 65/66B | €278 | €54 | -€224 | -80.5% |
| Recurring financial charges | 65 | €278 | €54 | -€224 | -80.5% |
| Profit (loss) for the period before taxes | 9903 | €45,149 | €23,878 | -€21,271 | -47.1% |
| Income taxes | 67/77 | €7,452 | €6,403 | -€1,049 | -14.1% |
| Profit (loss) for the period | 9904 | €37,697 | €17,474 | -€20,223 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,697 | €17,474 | -€20,223 | -53.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.