Maison Lefebvre: 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.
Maison Lefebvre
Largest movements
- Cash +€191,314
up €191,314 (+212%), from €90,158 to €281,472
mainly Depreciation (+€127,948) and Receivables within one year (+€67,881)
- Intangible fixed assets -€120,000
down €120,000 (-58.5%), from €205,000 to €85,000
- Receivables within one year -€67,881
down €67,881 (-20.5%), from €331,087 to €263,206
of which Trade receivables: -€80,710
- Stocks and contracts +€9,954
up €9,954 (+5.7%), from €175,181 to €185,135
- Trade debts -€27,903
down €27,903 (-37.9%), from €73,594 to €45,691
- Profit (loss) carried forward +€22,772
up €22,772 (+6.3%), from €359,963 to €382,735
- Tax, wage and social debts +€16,917
up €16,917 (+31.7%), from €53,324 to €70,241
of which Taxes: +€18,621
- Gross operating margin -€55,333
down €55,333 (-16.7%), from €331,624 to €276,291
- Financial income -€51,601
down €51,601 (-88.6%), from €58,226 to €6,624
- Taxes -€25,266
down €25,266 (-73.6%), from €34,332 to €9,066
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 | €888,721 | €900,698 | +€11,977 | +1.3% |
| Fixed assets | 21/28 | €292,214 | €168,685 | -€123,529 | -42.3% |
| Intangible fixed assets | 21 | €205,000 | €85,000 | -€120,000 | -58.5% |
| Tangible fixed assets | 22/27 | €33,127 | €25,179 | -€7,948 | -24.0% |
| Plant, machinery and equipment | 23 | €820 | €542 | -€278 | -33.9% |
| Furniture and vehicles | 24 | €5,253 | €2,103 | -€3,150 | -60.0% |
| Other tangible fixed assets | 26 | €27,055 | €22,534 | -€4,520 | -16.7% |
| Financial fixed assets | 28 | €54,087 | €58,506 | +€4,420 | +8.2% |
| Current assets | 29/58 | €596,507 | €732,013 | +€135,506 | +22.7% |
| Stocks and contracts in progress | 3 | €175,181 | €185,135 | +€9,954 | +5.7% |
| Stocks | 30/36 | €175,181 | €185,135 | +€9,954 | +5.7% |
| Amounts receivable within one year | 40/41 | €331,087 | €263,206 | -€67,881 | -20.5% |
| Trade receivables | 40 | €189,724 | €109,014 | -€80,710 | -42.5% |
| Other amounts receivable | 41 | €141,362 | €154,192 | +€12,829 | +9.1% |
| Cash at bank and in hand | 54/58 | €90,158 | €281,472 | +€191,314 | +212% |
| Deferred charges and accrued income | 490/1 | €82 | €2,200 | +€2,118 | +2,582% |
| Total equity and liabilities | 10/49 | €888,721 | €900,698 | +€11,977 | +1.3% |
| Equity | 10/15 | €761,628 | €784,400 | +€22,772 | +3.0% |
| Contributions | 10/11 | €255,000 | €255,000 | = | 0.0% |
| Reserves | 13 | €146,665 | €146,665 | = | 0.0% |
| Distributable reserves | 133 | €146,665 | €146,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | €359,963 | €382,735 | +€22,772 | +6.3% |
| Amounts payable | 17/49 | €127,093 | €116,298 | -€10,795 | -8.5% |
| Amounts payable within one year | 42/48 | €127,093 | €116,298 | -€10,795 | -8.5% |
| Trade debts | 44 | €73,594 | €45,691 | -€27,903 | -37.9% |
| Suppliers | 440/4 | €73,594 | €45,691 | -€27,903 | -37.9% |
| Taxes, remuneration and social security | 45 | €53,324 | €70,241 | +€16,917 | +31.7% |
| Taxes | 450/3 | €38,050 | €56,672 | +€18,621 | +48.9% |
| Remuneration and social security | 454/9 | €15,273 | €13,569 | -€1,704 | -11.2% |
| Other amounts payable | 47/48 | €175 | €366 | +€191 | +109% |
| Remuneration, social security and pensions | 62 | €120,306 | €117,146 | -€3,160 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,114 | €127,948 | -€165 | -0.1% |
| Other operating charges | 640/8 | €1,423 | €1,056 | -€367 | -25.8% |
| Gross operating margin | 9900 | €331,624 | €276,291 | -€55,333 | -16.7% |
| Operating profit (loss) | 9901 | €81,781 | €30,140 | -€51,641 | -63.1% |
| Financial income | 75/76B | €58,226 | €6,624 | -€51,601 | -88.6% |
| Recurring financial income | 75 | €58,226 | €6,624 | -€51,601 | -88.6% |
| Financial charges | 65/66B | €7,914 | €4,926 | -€2,988 | -37.8% |
| Recurring financial charges | 65 | €7,914 | €4,926 | -€2,988 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €132,092 | €31,838 | -€100,254 | -75.9% |
| Income taxes | 67/77 | €34,332 | €9,066 | -€25,266 | -73.6% |
| Profit (loss) for the period | 9904 | €97,760 | €22,772 | -€74,988 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,760 | €22,772 | -€74,988 | -76.7% |
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.