STOEFS - LESCRENIER SERVICES: what changed
STOEFS - LESCRENIER SERVICES
Largest movements
- Cash +€374,643
up €374,643 (+5,956%), from €6,290 to €380,933
mainly Investment in fixed assets (net) (+€277,464) and Net result for the year (+€247,077)
- Tangible fixed assets -€288,822
down €288,822 (-46.5%), from €621,189 to €332,367
of which Land and buildings: -€288,073
- Receivables within one year +€19,185
up €19,185 (+5,151%), from €372 to €19,558
of which Other amounts receivable: +€18,666
- Profit (loss) carried forward +€283,126
no longer reported in 2025 (was -€283,126)
- Provisions -€78,240
no longer reported in 2025 (was €78,240)
- Debts after one year -€59,515
down €59,515 (-46.5%), from €127,893 to €68,378
- Reserves -€36,048
down €36,048 (-6.2%), from €580,417 to €544,368
of which Tax-exempt reserves: -€151,897
- Gross operating margin +€228,654
up €228,654 (+825%), from €27,708 to €256,362
- Taxes +€64,834
new in 2025: €64,834
- Depreciation -€10,969
down €10,969 (-49.1%), from €22,326 to €11,357
- Write-downs -€3,801
down €3,801, from €845 to -€2,956
- Other operating charges +€3,112
up €3,112 (+93.4%), from €3,332 to €6,444
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 | €628,336 | €732,900 | +€104,565 | +16.6% |
| Fixed assets | 21/28 | €621,189 | €332,367 | -€288,822 | -46.5% |
| Tangible fixed assets | 22/27 | €621,189 | €332,367 | -€288,822 | -46.5% |
| Land and buildings | 22 | €619,004 | €330,932 | -€288,073 | -46.5% |
| Furniture and vehicles | 24 | €2,184 | €1,435 | -€749 | -34.3% |
| Current assets | 29/58 | €7,147 | €400,533 | +€393,386 | +5,504% |
| Amounts receivable within one year | 40/41 | €372 | €19,558 | +€19,185 | +5,151% |
| Trade receivables | 40 | €372 | €892 | +€519 | +139% |
| Other amounts receivable | 41 | - | €18,666 | +€18,666 | |
| Cash at bank and in hand | 54/58 | €6,290 | €380,933 | +€374,643 | +5,956% |
| Deferred charges and accrued income | 490/1 | €484 | €43 | -€442 | -91.2% |
| Total equity and liabilities | 10/49 | €628,336 | €732,900 | +€104,565 | +16.6% |
| Equity | 10/15 | €367,445 | €614,522 | +€247,077 | +67.2% |
| Contributions | 10/11 | €70,154 | €70,154 | = | 0.0% |
| Capital | 10 | €70,154 | €70,154 | = | 0.0% |
| Issued capital | 100 | €70,154 | €70,154 | = | 0.0% |
| Reserves | 13 | €580,417 | €544,368 | -€36,048 | -6.2% |
| Tax-exempt reserves | 132 | €151,897 | - | -€151,897 | |
| Distributable reserves | 133 | €428,520 | €544,368 | +€115,849 | +27.0% |
| Profit (loss) carried forward | 14 | -€283,126 | - | +€283,126 | |
| Provisions and deferred taxes | 16 | €78,240 | - | -€78,240 | |
| Deferred taxes | 168 | €78,240 | - | -€78,240 | |
| Amounts payable | 17/49 | €182,651 | €118,378 | -€64,273 | -35.2% |
| Amounts payable after more than one year | 17 | €127,893 | €68,378 | -€59,515 | -46.5% |
| Other amounts payable | 178/9 | €127,893 | €68,378 | -€59,515 | -46.5% |
| Amounts payable within one year | 42/48 | €54,758 | €50,000 | -€4,758 | -8.7% |
| Trade debts | 44 | €215 | €727 | +€512 | +238% |
| Suppliers | 440/4 | €215 | €727 | +€512 | +238% |
| Taxes, remuneration and social security | 45 | €227 | - | -€227 | |
| Taxes | 450/3 | €227 | - | -€227 | |
| Other amounts payable | 47/48 | €54,316 | €49,273 | -€5,043 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,326 | €11,357 | -€10,969 | -49.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €845 | -€2,956 | -€3,801 | |
| Other operating charges | 640/8 | €3,332 | €6,444 | +€3,112 | +93.4% |
| Gross operating margin | 9900 | €27,708 | €256,362 | +€228,654 | +825% |
| Operating profit (loss) | 9901 | €1,204 | €241,517 | +€240,312 | +19,955% |
| Financial charges | 65/66B | €8,272 | €7,845 | -€427 | -5.2% |
| Recurring financial charges | 65 | €8,272 | €7,845 | -€427 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,068 | €233,672 | +€240,739 | |
| Transfer from deferred taxes | 780 | €3,686 | €78,240 | +€74,554 | +2,023% |
| Income taxes | 67/77 | - | €64,834 | +€64,834 | |
| Profit (loss) for the period | 9904 | -€3,382 | €247,077 | +€250,459 | |
| Transfer from tax-exempt reserves | 789 | €7,158 | €151,897 | +€144,739 | +2,022% |
| Profit (loss) for the period to be appropriated | 9905 | €3,776 | €398,975 | +€395,199 | +10,466% |
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 3 November 2026 via checked.be.