LEZMA: 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.
LEZMA
Largest movements
- Tangible fixed assets -€168,889
no longer reported in 2025 (was €168,889)
- Cash +€161,992
up €161,992 (+17,165%), from €944 to €162,936
mainly Investment in fixed assets (net) (+€168,889) and Net result for the year (+€69,863)
- Debts after one year -€74,849
no longer reported in 2025 (was €74,849)
- Reserves +€68,000
up €68,000 (+3,656%), from €1,860 to €69,860
- Tax, wage and social debts +€34,108
up €34,108 (+2,735%), from €1,247 to €35,355
- Other debts -€23,000
no longer reported in 2025 (was €23,000)
- Current portion of long-term debt -€13,419
no longer reported in 2025 (was €13,419)
- Gross operating margin +€88,417
up €88,417 (+390%), from €22,691 to €111,108
- Taxes +€34,060
up €34,060 (+5,259%), from €648 to €34,707
- Depreciation -€15,048
no longer reported in 2025 (was €15,048)
- Purchases and services +€11,496
up €11,496 (+458%), from €2,507 to €14,003
- Turnover -€11,198
down €11,198 (-44.4%), from €25,198 to €14,000
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 | €169,833 | €162,936 | -€6,897 | -4.1% |
| Fixed assets | 21/28 | €168,889 | - | -€168,889 | |
| Tangible fixed assets | 22/27 | €168,889 | - | -€168,889 | |
| Land and buildings | 22 | €168,889 | - | -€168,889 | |
| Current assets | 29/58 | €944 | €162,936 | +€161,992 | +17,165% |
| Cash at bank and in hand | 54/58 | €944 | €162,936 | +€161,992 | +17,165% |
| Total equity and liabilities | 10/49 | €169,833 | €162,936 | -€6,897 | -4.1% |
| Equity | 10/15 | €57,317 | €127,181 | +€69,863 | +122% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €69,860 | +€68,000 | +3,656% |
| Distributable reserves | 133 | €1,860 | €69,860 | +€68,000 | +3,656% |
| Profit (loss) carried forward | 14 | €49,257 | €51,121 | +€1,863 | +3.8% |
| Amounts payable | 17/49 | €112,515 | €35,755 | -€76,761 | -68.2% |
| Amounts payable after more than one year | 17 | €74,849 | - | -€74,849 | |
| Financial debts | 170/4 | €74,849 | - | -€74,849 | |
| Amounts payable within one year | 42/48 | €37,666 | €35,355 | -€2,311 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €13,419 | - | -€13,419 | |
| Taxes, remuneration and social security | 45 | €1,247 | €35,355 | +€34,108 | +2,735% |
| Taxes | 450/3 | €1,247 | €35,355 | +€34,108 | +2,735% |
| Other amounts payable | 47/48 | €23,000 | - | -€23,000 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Turnover | 70 | €25,198 | €14,000 | -€11,198 | -44.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,507 | €14,003 | +€11,496 | +458% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,048 | - | -€15,048 | |
| Other operating charges | 640/8 | €1,570 | €1,265 | -€304 | -19.4% |
| Gross operating margin | 9900 | €22,691 | €111,108 | +€88,417 | +390% |
| Operating profit (loss) | 9901 | €6,073 | €109,843 | +€103,770 | +1,709% |
| Financial charges | 65/66B | €3,646 | €5,272 | +€1,626 | +44.6% |
| Recurring financial charges | 65 | €3,646 | €5,272 | +€1,626 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €2,427 | €104,571 | +€102,144 | +4,209% |
| Income taxes | 67/77 | €648 | €34,707 | +€34,060 | +5,259% |
| Profit (loss) for the period | 9904 | €1,779 | €69,863 | +€68,084 | +3,827% |
| Profit (loss) for the period to be appropriated | 9905 | €1,779 | €69,863 | +€68,084 | +3,827% |
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 17 October 2026 via checked.be.