LEZAR: 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.
LEZAR
Largest movements
- Receivables within one year -€21,650
down €21,650 (-80.3%), from €26,951 to €5,300
of which Trade receivables: -€26,445
- Cash +€4,416
up €4,416 (+6.4%), from €69,221 to €73,637
mainly Receivables within one year (+€21,650) and Tax, wage and social debts (+€5,630)
- Tangible fixed assets -€3,362
down €3,362 (-97.7%), from €3,441 to €80
of which Land and buildings: -€2,575
- Profit (loss) carried forward -€12,740
down €12,740 (-397.6%), from -€3,204 to -€15,945
- Other debts -€8,586
down €8,586 (-30.6%), from €28,092 to €19,506
- Tax, wage and social debts +€5,630
up €5,630 (+170.8%), from €3,296 to €8,926
of which Remuneration and social security: +€7,469
- Trade debts -€4,640
down €4,640 (-70.1%), from €6,624 to €1,984
- Turnover -€44,096
down €44,096 (-30.6%), from €143,987 to €99,891
- Purchases and services -€28,674
down €28,674 (-20.6%), from €139,124 to €110,450
- Gross operating margin -€15,333
down €15,333, from €7,246 to -€8,087
- Depreciation -€2,969
down €2,969 (-46.9%), from €6,330 to €3,362
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,885 | €82,548 | -€20,336 | -19.8% |
| Fixed assets | 21/28 | €3,466 | €105 | -€3,362 | -97.0% |
| Tangible fixed assets | 22/27 | €3,441 | €80 | -€3,362 | -97.7% |
| Land and buildings | 22 | €2,575 | - | -€2,575 | |
| Plant, machinery and equipment | 23 | €469 | - | -€469 | |
| Furniture and vehicles | 24 | €398 | €80 | -€318 | -80.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €99,418 | €82,444 | -€16,975 | -17.1% |
| Amounts receivable within one year | 40/41 | €26,951 | €5,300 | -€21,650 | -80.3% |
| Trade receivables | 40 | €26,945 | €500 | -€26,445 | -98.1% |
| Other amounts receivable | 41 | €6 | €4,800 | +€4,794 | +80715.3% |
| Cash at bank and in hand | 54/58 | €69,221 | €73,637 | +€4,416 | +6.4% |
| Deferred charges and accrued income | 490/1 | €3,247 | €3,506 | +€259 | +8.0% |
| Total equity and liabilities | 10/49 | €102,885 | €82,548 | -€20,336 | -19.8% |
| Equity | 10/15 | €64,873 | €52,133 | -€12,740 | -19.6% |
| Contributions | 10/11 | €30,690 | €30,690 | = | 0.0% |
| Reserves | 13 | €35,935 | €35,935 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,281 | €21,281 | = | 0.0% |
| Distributable reserves | 133 | €14,654 | €14,654 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,204 | -€15,945 | -€12,740 | -397.6% |
| Investment grants | 15 | €1,453 | €1,453 | = | 0.0% |
| Amounts payable | 17/49 | €38,012 | €30,416 | -€7,596 | -20.0% |
| Amounts payable within one year | 42/48 | €38,012 | €30,416 | -€7,596 | -20.0% |
| Trade debts | 44 | €6,624 | €1,984 | -€4,640 | -70.1% |
| Suppliers | 440/4 | €6,624 | €1,984 | -€4,640 | -70.1% |
| Taxes, remuneration and social security | 45 | €3,296 | €8,926 | +€5,630 | +170.8% |
| Taxes | 450/3 | €3,081 | €1,243 | -€1,838 | -59.7% |
| Remuneration and social security | 454/9 | €215 | €7,683 | +€7,469 | +3480.0% |
| Other amounts payable | 47/48 | €28,092 | €19,506 | -€8,586 | -30.6% |
| Turnover | 70 | €143,987 | €99,891 | -€44,096 | -30.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €139,124 | €110,450 | -€28,674 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,330 | €3,362 | -€2,969 | -46.9% |
| Other operating charges | 640/8 | €1,192 | €1,427 | +€234 | +19.7% |
| Gross operating margin | 9900 | €7,246 | -€8,087 | -€15,333 | |
| Operating profit (loss) | 9901 | -€277 | -€12,875 | -€12,599 | -4555.4% |
| Financial income | 75/76B | €477 | €799 | +€321 | +67.3% |
| Recurring financial income | 75 | €477 | €799 | +€321 | +67.3% |
| Financial charges | 65/66B | €269 | €221 | -€48 | -17.9% |
| Recurring financial charges | 65 | €269 | €221 | -€48 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€68 | -€12,298 | -€12,229 | -17915.9% |
| Income taxes | 67/77 | €115 | €443 | +€328 | +286.6% |
| Profit (loss) for the period | 9904 | -€183 | -€12,740 | -€12,558 | -6870.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€183 | -€12,740 | -€12,558 | -6870.3% |
Source: filed annual accounts (NBB), fiscal years ended 1 January 2025 and 1 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.