LEZHA: 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.
LEZHA
Largest movements
- Cash -€12,447
down €12,447 (-57.8%), from €21,519 to €9,072
mainly Other debts (-€13,949) and Trade debts (-€10,585)
- Intangible fixed assets -€7,851
no longer reported in 2025 (was €7,851)
- Receivables within one year -€5,976
down €5,976 (-27.6%), from €21,648 to €15,672
of which Trade receivables: -€4,966
- Tangible fixed assets +€5,075
up €5,075 (+90.9%), from €5,585 to €10,660
- Financial fixed assets +€5,000
up €5,000 (+55.6%), from €9,000 to €14,000
- Other debts -€13,949
down €13,949 (-46.6%), from €29,940 to €15,991
- Profit (loss) carried forward +€12,657
up €12,657, from -€9,650 to €3,007
- Trade debts -€10,585
down €10,585 (-88.0%), from €12,023 to €1,438
- Tax, wage and social debts -€5,512
down €5,512 (-31.6%), from €17,421 to €11,909
of which Remuneration and social security: -€5,873
- Gross operating margin +€16,847
up €16,847 (+28.4%), from €59,282 to €76,129
- Staff costs +€7,937
up €7,937 (+18.5%), from €42,891 to €50,828
- Other operating charges -€3,641
down €3,641 (-53.6%), from €6,799 to €3,158
- Depreciation +€2,903
up €2,903 (+110%), from €2,630 to €5,533
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 | €67,234 | €49,845 | -€17,389 | -25.9% |
| Fixed assets | 21/28 | €22,436 | €24,660 | +€2,224 | +9.9% |
| Intangible fixed assets | 21 | €7,851 | - | -€7,851 | |
| Tangible fixed assets | 22/27 | €5,585 | €10,660 | +€5,075 | +90.9% |
| Furniture and vehicles | 24 | €5,585 | €10,660 | +€5,075 | +90.9% |
| Financial fixed assets | 28 | €9,000 | €14,000 | +€5,000 | +55.6% |
| Current assets | 29/58 | €44,798 | €25,185 | -€19,613 | -43.8% |
| Amounts receivable within one year | 40/41 | €21,648 | €15,672 | -€5,976 | -27.6% |
| Trade receivables | 40 | €20,633 | €15,667 | -€4,966 | -24.1% |
| Other amounts receivable | 41 | €1,015 | €5 | -€1,010 | -99.5% |
| Cash at bank and in hand | 54/58 | €21,519 | €9,072 | -€12,447 | -57.8% |
| Deferred charges and accrued income | 490/1 | €1,631 | €441 | -€1,190 | -73.0% |
| Total equity and liabilities | 10/49 | €67,234 | €49,845 | -€17,389 | -25.9% |
| Equity | 10/15 | -€2,150 | €10,507 | +€12,657 | |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,650 | €3,007 | +€12,657 | |
| Amounts payable | 17/49 | €69,384 | €39,338 | -€30,046 | -43.3% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,384 | €29,338 | -€30,046 | -50.6% |
| Trade debts | 44 | €12,023 | €1,438 | -€10,585 | -88.0% |
| Suppliers | 440/4 | €12,023 | €1,438 | -€10,585 | -88.0% |
| Taxes, remuneration and social security | 45 | €17,421 | €11,909 | -€5,512 | -31.6% |
| Taxes | 450/3 | €3,734 | €4,095 | +€361 | +9.7% |
| Remuneration and social security | 454/9 | €13,687 | €7,814 | -€5,873 | -42.9% |
| Other amounts payable | 47/48 | €29,940 | €15,991 | -€13,949 | -46.6% |
| Remuneration, social security and pensions | 62 | €42,891 | €50,828 | +€7,937 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,630 | €5,533 | +€2,903 | +110% |
| Other operating charges | 640/8 | €6,799 | €3,158 | -€3,641 | -53.6% |
| Non-recurring operating charges | 66A | - | €2,851 | +€2,851 | |
| Gross operating margin | 9900 | €59,282 | €76,129 | +€16,847 | +28.4% |
| Operating profit (loss) | 9901 | €6,962 | €13,759 | +€6,797 | +97.6% |
| Financial charges | 65/66B | €1,096 | €1,102 | +€6 | +0.5% |
| Recurring financial charges | 65 | €1,096 | €1,102 | +€6 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €5,866 | €12,657 | +€6,791 | +116% |
| Profit (loss) for the period | 9904 | €5,866 | €12,657 | +€6,791 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €5,866 | €12,657 | +€6,791 | +116% |
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 15 October 2026 via checked.be.