LEZAMARE: 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.
LEZAMARE
Largest movements
- Financial fixed assets -€905,000
down €905,000 (-57.8%), from €1.6m to €660,000
- Tangible fixed assets -€21,357
down €21,357 (-6.7%), from €316,415 to €295,058
of which Land and buildings: -€11,900
- Profit (loss) carried forward -€938,103
down €938,103, from €806,417 to -€131,685
- Other debts +€29,040
up €29,040 (+2.8%), from €1.0m to €1.1m
- Financial charges +€904,528
up €904,528 (+81096.7%), from €1,115 to €905,644
of which Non-recurring financial charges: +€905,000
- Gross operating margin +€2,258
up €2,258 (+20.7%), from -€10,883 to -€8,625
- Other operating charges -€702
down €702 (-22.0%), from €3,189 to €2,487
- Depreciation -€390
down €390 (-1.8%), from €21,748 to €21,357
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 | €1,897,502 | €977,478 | -€920,024 | -48.5% |
| Fixed assets | 21/28 | €1,881,415 | €955,058 | -€926,357 | -49.2% |
| Tangible fixed assets | 22/27 | €316,415 | €295,058 | -€21,357 | -6.7% |
| Land and buildings | 22 | €264,889 | €252,989 | -€11,900 | -4.5% |
| Plant, machinery and equipment | 23 | €50,041 | €41,260 | -€8,780 | -17.5% |
| Furniture and vehicles | 24 | €1,486 | €809 | -€677 | -45.6% |
| Financial fixed assets | 28 | €1,565,000 | €660,000 | -€905,000 | -57.8% |
| Current assets | 29/58 | €16,087 | €22,420 | +€6,333 | +39.4% |
| Amounts receivable within one year | 40/41 | €15,142 | €21,111 | +€5,969 | +39.4% |
| Trade receivables | 40 | €12,800 | €20,366 | +€7,566 | +59.1% |
| Other amounts receivable | 41 | €2,342 | €745 | -€1,597 | -68.2% |
| Cash at bank and in hand | 54/58 | €945 | €847 | -€98 | -10.4% |
| Deferred charges and accrued income | 490/1 | - | €462 | +€462 | |
| Total equity and liabilities | 10/49 | €1,897,502 | €977,478 | -€920,024 | -48.5% |
| Equity | 10/15 | €818,817 | -€119,285 | -€938,103 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €806,417 | -€131,685 | -€938,103 | |
| Amounts payable | 17/49 | €1,078,684 | €1,096,763 | +€18,079 | +1.7% |
| Amounts payable after more than one year | 17 | €22,731 | €9,817 | -€12,914 | -56.8% |
| Financial debts | 170/4 | €22,731 | €9,817 | -€12,914 | -56.8% |
| Amounts payable within one year | 42/48 | €1,055,953 | €1,086,915 | +€30,962 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €12,716 | €13,981 | +€1,265 | +9.9% |
| Trade debts | 44 | €126 | €2,062 | +€1,936 | +1534.6% |
| Suppliers | 440/4 | €126 | €2,062 | +€1,936 | +1534.6% |
| Taxes, remuneration and social security | 45 | €1,584 | €305 | -€1,279 | -80.8% |
| Taxes | 450/3 | €1,584 | €305 | -€1,279 | -80.8% |
| Other amounts payable | 47/48 | €1,041,526 | €1,070,567 | +€29,040 | +2.8% |
| Accrued charges and deferred income | 492/3 | - | €31 | +€31 | |
| Non-recurring operating income | 76A | €8,681 | €0 | -€8,681 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,748 | €21,357 | -€390 | -1.8% |
| Other operating charges | 640/8 | €3,189 | €2,487 | -€702 | -22.0% |
| Gross operating margin | 9900 | -€10,883 | -€8,625 | +€2,258 | +20.7% |
| Operating profit (loss) | 9901 | -€35,820 | -€32,470 | +€3,350 | +9.4% |
| Financial income | 75/76B | €8 | €11 | +€3 | +46.4% |
| Recurring financial income | 75 | €8 | €11 | +€3 | +46.4% |
| Financial charges | 65/66B | €1,115 | €905,644 | +€904,528 | +81096.7% |
| Recurring financial charges | 65 | €1,115 | €644 | -€472 | -42.3% |
| Non-recurring financial charges | 66B | - | €905,000 | +€905,000 | |
| Profit (loss) for the period before taxes | 9903 | -€36,928 | -€938,103 | -€901,174 | -2440.3% |
| Profit (loss) for the period | 9904 | -€36,928 | -€938,103 | -€901,174 | -2440.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,928 | -€938,103 | -€901,174 | -2440.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.