Lezy Matthias: what changed
Lezy Matthias
Largest movements
- Tangible fixed assets -€29,522
down €29,522 (-9.9%), from €298,468 to €268,947
of which Plant, machinery and equipment: -€16,907
- Intangible fixed assets -€14,000
down €14,000 (-100%), from €14,000 to €0
- Stocks and contracts +€7,949
up €7,949 (+430%), from €1,850 to €9,799
- Receivables within one year -€4,900
down €4,900 (-41.0%), from €11,956 to €7,056
of which Other amounts receivable: -€4,900
- Cash +€4,124
up €4,124 (+25.5%), from €16,194 to €20,318
mainly Other debts (+€79,434) and Depreciation (+€53,912)
- Other debts +€79,434
up €79,434 (+3,252%), from €2,443 to €81,877
- Reserves -€59,966
down €59,966 (-99.0%), from €60,594 to €627
- Debts after one year -€44,826
down €44,826 (-19.8%), from €226,765 to €181,939
- Contributions -€11,486
down €11,486 (-92.0%), from €12,486 to €1,000
- Gross operating margin +€10,613
up €10,613 (+9.2%), from €114,781 to €125,394
- Taxes +€6,373
up €6,373 (+87.5%), from €7,286 to €13,659
- Depreciation -€3,044
down €3,044 (-5.3%), from €56,956 to €53,912
- Financial charges -€2,381
down €2,381 (-16.9%), from €14,047 to €11,666
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €350,952 | €312,236 | -€38,716 | -11.0% |
| Fixed assets | 21/28 | €312,468 | €268,947 | -€43,522 | -13.9% |
| Intangible fixed assets | 21 | €14,000 | €0 | -€14,000 | -100% |
| Tangible fixed assets | 22/27 | €298,468 | €268,947 | -€29,522 | -9.9% |
| Plant, machinery and equipment | 23 | €118,652 | €101,745 | -€16,907 | -14.2% |
| Furniture and vehicles | 24 | €1,698 | €3,680 | +€1,982 | +117% |
| Other tangible fixed assets | 26 | €178,119 | €163,522 | -€14,597 | -8.2% |
| Current assets | 29/58 | €38,484 | €43,289 | +€4,805 | +12.5% |
| Stocks and contracts in progress | 3 | €1,850 | €9,799 | +€7,949 | +430% |
| Stocks | 30/36 | €1,850 | €9,799 | +€7,949 | +430% |
| Amounts receivable within one year | 40/41 | €11,956 | €7,056 | -€4,900 | -41.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €11,956 | €7,056 | -€4,900 | -41.0% |
| Current investments | 50/53 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €16,194 | €20,318 | +€4,124 | +25.5% |
| Deferred charges and accrued income | 490/1 | €8,485 | €5,117 | -€3,368 | -39.7% |
| Total equity and liabilities | 10/49 | €350,952 | €312,236 | -€38,716 | -11.0% |
| Equity | 10/15 | €73,080 | €1,627 | -€71,453 | -97.8% |
| Contributions | 10/11 | €12,486 | €1,000 | -€11,486 | -92.0% |
| Reserves | 13 | €60,594 | €627 | -€59,966 | -99.0% |
| Distributable reserves | 133 | €60,594 | €627 | -€59,966 | -99.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €277,872 | €310,609 | +€32,737 | +11.8% |
| Amounts payable after more than one year | 17 | €226,765 | €181,939 | -€44,826 | -19.8% |
| Financial debts | 170/4 | €226,765 | €181,939 | -€44,826 | -19.8% |
| Amounts payable within one year | 42/48 | €49,799 | €128,104 | +€78,306 | +157% |
| Current portion of amounts payable after more than one year | 42 | €45,400 | €44,826 | -€574 | -1.3% |
| Trade debts | 44 | €1,956 | €1,401 | -€554 | -28.4% |
| Suppliers | 440/4 | €1,956 | €1,401 | -€554 | -28.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,443 | €81,877 | +€79,434 | +3,252% |
| Accrued charges and deferred income | 492/3 | €1,309 | €566 | -€743 | -56.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,956 | €53,912 | -€3,044 | -5.3% |
| Other operating charges | 640/8 | €1,441 | €1,622 | +€181 | +12.6% |
| Gross operating margin | 9900 | €114,781 | €125,394 | +€10,613 | +9.2% |
| Operating profit (loss) | 9901 | €56,384 | €69,860 | +€13,476 | +23.9% |
| Financial income | 75/76B | €20 | €199 | +€179 | +913% |
| Recurring financial income | 75 | €20 | €199 | +€179 | +913% |
| Financial charges | 65/66B | €14,047 | €11,666 | -€2,381 | -16.9% |
| Recurring financial charges | 65 | €14,047 | €11,666 | -€2,381 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €42,357 | €58,392 | +€16,036 | +37.9% |
| Income taxes | 67/77 | €7,286 | €13,659 | +€6,373 | +87.5% |
| Profit (loss) for the period | 9904 | €35,071 | €44,734 | +€9,663 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,071 | €44,734 | +€9,663 | +27.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.