Meubles Lecomte: 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.
Meubles Lecomte
Largest movements
- Cash -€127,335
down €127,335 (-26.0%), from €489,175 to €361,840
mainly Investment in fixed assets (net) (-€84,803) and Net result for the year (-€82,013)
- Tangible fixed assets +€65,068
up €65,068 (+79.5%), from €81,847 to €146,915
of which Furniture and vehicles: +€37,620
- Stocks and contracts +€40,078
up €40,078 (+5.2%), from €766,213 to €806,291
- Profit (loss) carried forward -€82,013
down €82,013 (-29.4%), from €279,374 to €197,361
- Advances received +€46,999
up €46,999 (+62.1%), from €75,712 to €122,711
- Other debts +€29,631
up €29,631 (+28.6%), from €103,530 to €133,162
- Tax, wage and social debts -€14,690
down €14,690 (-28.3%), from €51,936 to €37,246
of which Remuneration and social security: -€12,061
- Gross operating margin -€56,412
down €56,412 (-16.5%), from €342,071 to €285,659
- Staff costs +€25,980
up €25,980 (+8.7%), from €298,657 to €324,637
- Depreciation -€12,530
down €12,530 (-35.9%), from €34,886 to €22,355
- Provisions +€7,000
no longer reported in 2025 (was -€7,000)
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.
Cash bridge derived
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 | €1,396,569 | €1,380,977 | -€15,592 | -1.1% |
| Fixed assets | 21/28 | €94,861 | €157,309 | +€62,448 | +65.8% |
| Tangible fixed assets | 22/27 | €81,847 | €146,915 | +€65,068 | +79.5% |
| Plant, machinery and equipment | 23 | - | €27,448 | +€27,448 | |
| Furniture and vehicles | 24 | €81,847 | €119,467 | +€37,620 | +46.0% |
| Financial fixed assets | 28 | €13,015 | €10,394 | -€2,620 | -20.1% |
| Current assets | 29/58 | €1,301,707 | €1,223,668 | -€78,040 | -6.0% |
| Stocks and contracts in progress | 3 | €766,213 | €806,291 | +€40,078 | +5.2% |
| Stocks | 30/36 | €766,213 | €806,291 | +€40,078 | +5.2% |
| Amounts receivable within one year | 40/41 | €2,348 | €14,649 | +€12,301 | +524.0% |
| Trade receivables | 40 | €1,670 | €9,953 | +€8,283 | +496.0% |
| Other amounts receivable | 41 | €678 | €4,696 | +€4,018 | +592.9% |
| Cash at bank and in hand | 54/58 | €489,175 | €361,840 | -€127,335 | -26.0% |
| Deferred charges and accrued income | 490/1 | €43,971 | €40,887 | -€3,084 | -7.0% |
| Total equity and liabilities | 10/49 | €1,396,569 | €1,380,977 | -€15,592 | -1.1% |
| Equity | 10/15 | €1,058,328 | €976,315 | -€82,013 | -7.7% |
| Contributions | 10/11 | €594,944 | €594,944 | = | 0.0% |
| Outside capital | 11 | €594,944 | €594,944 | = | 0.0% |
| Share premium | 1100/10 | €594,944 | €594,944 | = | 0.0% |
| Reserves | 13 | €184,009 | €184,009 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,009 | €24,009 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,009 | €24,009 | = | 0.0% |
| Tax-exempt reserves | 132 | €160,000 | €160,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,374 | €197,361 | -€82,013 | -29.4% |
| Amounts payable | 17/49 | €338,241 | €404,662 | +€66,421 | +19.6% |
| Amounts payable after more than one year | 17 | €39,529 | €28,498 | -€11,031 | -27.9% |
| Financial debts | 170/4 | €39,529 | €28,498 | -€11,031 | -27.9% |
| Amounts payable within one year | 42/48 | €293,715 | €361,968 | +€68,253 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €15,523 | €11,031 | -€4,491 | -28.9% |
| Trade debts | 44 | €47,014 | €57,818 | +€10,804 | +23.0% |
| Suppliers | 440/4 | €47,014 | €57,818 | +€10,804 | +23.0% |
| Advances received on contracts in progress | 46 | €75,712 | €122,711 | +€46,999 | +62.1% |
| Taxes, remuneration and social security | 45 | €51,936 | €37,246 | -€14,690 | -28.3% |
| Taxes | 450/3 | €13,807 | €11,178 | -€2,629 | -19.0% |
| Remuneration and social security | 454/9 | €38,129 | €26,068 | -€12,061 | -31.6% |
| Other amounts payable | 47/48 | €103,530 | €133,162 | +€29,631 | +28.6% |
| Accrued charges and deferred income | 492/3 | €4,997 | €14,196 | +€9,199 | +184.1% |
| Remuneration, social security and pensions | 62 | €298,657 | €324,637 | +€25,980 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,886 | €22,355 | -€12,530 | -35.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€7,000 | - | +€7,000 | |
| Other operating charges | 640/8 | €16,411 | €16,385 | -€26 | -0.2% |
| Gross operating margin | 9900 | €342,071 | €285,659 | -€56,412 | -16.5% |
| Operating profit (loss) | 9901 | -€883 | -€77,719 | -€76,837 | -8706.6% |
| Financial income | 75/76B | €113 | - | -€113 | |
| Recurring financial income | 75 | €113 | - | -€113 | |
| Financial charges | 65/66B | €7,698 | €4,305 | -€3,393 | -44.1% |
| Recurring financial charges | 65 | €7,698 | €4,305 | -€3,393 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,467 | -€82,024 | -€73,557 | -868.7% |
| Income taxes | 67/77 | €841 | -€11 | -€852 | |
| Profit (loss) for the period | 9904 | -€9,309 | -€82,013 | -€72,704 | -781.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,309 | -€82,013 | -€72,704 | -781.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.